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: https://www.linkedin.com/in/ingridthompson/
Book: So you want to start a business
For so many of my clients, it’s been a bit of a roller coaster and many have been wanting more connection to support one another.
To honor that need and continue to support both studio and solo yoga practitioners, I’ve created a community focused on the business side of yoga.
And it’s FREE!
I’m calling it Yoga Biz Camp and I’m in the soft launch phase. It’s INVITE only and I’d love to have you join us!
You’ll be an early member and help us set a cooperative culture for our group. You’ll get access to video interviews, all of my business resources, and teachings for new and more established yoga businesses, both solo and studio.
I would like to invite you for EARLY ACCESS right now.
Head over to www.YogaBizCamp.com or apply and I will send you a private invite link so you can join other like-minded yoga practitioners as they also build their businesses and help more folks in the world benefit from yoga!
Hope to see you on the inside!
To apply for FREE entry for this space head on over to www.YogaBizCamp.com
Follow me on Instagram at YogaBizChamp