Yoga Biz Champ with Michael Jay

Ingrid Thompson - Finances are WAY easier than anatomy

July 20, 2021 Michael Jay Season 1 Episode 9
Yoga Biz Champ with Michael Jay
Ingrid Thompson - Finances are WAY easier than anatomy
Show Notes

On this episode, Ingrid Thompson - Fellow Mindbody Business Consultant talks about how important keeping an eye on your business finances can save your yoga business.

Ingrid talks about her upbringing and why finances became important to her and why she cares so deeply that people and health and wellness businesses thrive with a profit mentality.

She give advice for yoga studio and solopreneurs starting up and how to overcome the mindset challenges around money and that profit is not a dirty word.

Ingrid believes that every business owner deserves to fully understand how money works in their business. Understanding business finances and how money works is rarely taught as part of the curriculum and professional training for Health and Wellbeing professionals.

Over time people develop the skills and expertise in their chosen field.  As health professionals they reach a stage where they can look at a client and “just know” what’s happening in their body.

Ingrid believes that every business owner can come to understand the financial aspects of business – and it is easier and takes less time than most people believe.  

Ingrid shows business owners ways to learn about and understand money and finance using simple language as she draws on 30+ years of working with and explaining the financial aspects of business to a broad range of people in business.

When you understand how money works your life changes completely and forever.

Links for Ingrid:
Podcast: So You want to Start a Business
Business Finance Health Check
Linked In:
Book: So you want to start a business

Michael Jay - Yoga Biz Champ 

Michael Jay, the Yoga Biz Champ, stands as the go-to Yoga Business Consultant, embarked on a mission to elevate yoga studios from mere survival to genuine thriving.

With a rich background as a yoga teacher, former studio owner, marketing expert, and yoga studio business coach, he possesses the insider knowledge necessary to elevate your yoga venture to new heights.

His passion for yoga, combined with a sharp business acumen and a sincere desire to see studio owners excel, encapsulates his professional ethos. Michael is not one to offer one-size-fits-all advice; instead, he's dedicated to providing tailored guidance, tangible outcomes, and supporting your studio to emerge as the next Yoga Biz Champ in your community. 

  • Certified Yoga Biz Consultant • 
  • FitTech Partner •
  • Yoga Studio Launch & Growth Specialist


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