Want to know exactly what it takes to build a 7 figure service business?

Hint: You have to make sure every profit opportunity is optimized.
Get your hands on my favorite tool: 4 Profit Killing Mistakes {And How You Can Avoid Them}, to learn the exact tools and strategies I've used in my businesses and with thousands of my clients!

 

Podcast Episode 168: A Very Happy Thanksgiving To You

It’s Thanksgiving, so I’ve kept this short and sweet, but let me share a hope and dream I wish for you all on this very special day…

May every sunrise hold more promise,

and every sunset hold more peace.

– Umair Siddiqui

In this episode you’ll learn:

  • What I’m truly thankful for!
  • The original goal of this podcast, and the plan going forward
  • My special message to friends in the US (and abroad) this Thanksgiving!

With grit + gratitude,

Lisé

Podcast Episode 167: The Talent Remedy- How I’ve Built An Amazing Team All While Seeking Out Talent Among My My Friends, Clients, and Random Strangers

One thing about mamas… they’re (almost) always right.

Mine has always said that the best lessons come from our mistakes, our rough patches, and being stuck between a rock and a hard place.

And, when it came to hiring for my first businesses… well, you guessed it, mama was right.

If you’ve ever been (or are currently) dealing with employee issues, I know how hiring can take a toll.

You worry about whether the investment you’ll make in this team member will pay off.

You lose sleep thinking about all the ways you could’ve handled something better and changed an outcome.

Your stomach knots up knowing you have to have one of those hard conversations where someone will inevitably leave angry or upset.

But out of all those experiences, I’ve been thankful to learn the key to hiring true talent.

I’m talking about people who will apply their strengths to the job at hand, those you can see fitting into the vision you have for your business, and truly take ownership of their role in your company.

These are people who are going to give you a return on your time, value, and monetary investment and who will stick with you for the long-haul.

Doesn’t that sound like a dream?

Trust me, it can be a reality when you use the hiring process I’ve built out of those lackluster, and yes, sometimes tear-filled experiences.

If there’s any experience you want to skip learning a lesson from first-hand… let this be it!

In this episode you’ll learn:

  • How my hiring process has developed out of “bad” hire experiences
  • What is a “talent database”?
  • Core personality characteristics can’t be taught!
  • Why it is important to identify the personality of your team and find characteristics in potential new hires to fit your vision
  • How the life experiences of my potential hires can be an asset to their role in the company

With grit + gratitude,

Lisé

Podcast Episode 166: Meet Robin Truxel, the Owner of Tru Pilates {My Home Studio} and Founder of Strong Mama

Some things just happen for a reason… like meeting Robin Truxel.  

When I moved to Charlottesville for the first time, almost seven years ago, I had been living without a quality Pilates instructor for almost eighteen months. Outside of an hour and a half long drive, I had NO instructors near me certified in equipment, and able to help me through the post-partum period, post-Remy.  

So when I got to Charlottesville and started hearing rumors of a Pilates instructor with a physical therapy background {thank you Ellie Tor for also showing us what that looked like in your first classes with Dan and I}, I booked myself into literally every available opening she had on her calendar.  

Dan called it desperately seeking Robin, but I called it, I couldn’t get enough!  My body changed.  My strength grew in ways it never had. And, my confidence post-baby, well, let’s just say that I sometimes get a little teary eyed when I consider where Robin brought me too.  

To call her a brilliant instructor in C-Ville is like saying the sun is bright… it’s just that obvious, but as I’ve watched Robin develop an incredible, comprehensive in-studio program for momma’s…

With programs as inventive as collaborating with local chefs on 40 days of nourishing meals, pelvic floor therapy trainings with local PT’s for her staff of ten strong, and an ever transitioning repertoire, for an ever transitioning pregnant body…

Well, let’s just say, this was a conversation, I thought you might want to listen in on.

In today’s episode you’ll learn:

  • Diet changes that are recommended during pregnancy {and how they can
    help with several symptoms}
  • How you can improve your mood using both a scientific and natural
    approach
  • Pre-natal and post-partum exercises you can do and what to be mindful for
    during pregnancy to avoid physical and posture problems down the road
  • Things to do the first 30 to 40 days after birth…

With grit + gratitude,

Lisé

Podcast Episode 165: Time to sell your studio? Here’s What You Need To Know {Part Two}

In Part One of this podcast, we hit the must-have strategies you’ll need to sell your business.  

Now, it’s time to get down to the nitty gritty, where we’ll look at:

  1. The Multipliers you’ll use to determine a final asking price: You’ve likely heard the term multipliers before, but what’s the exact numbers you need to to know in our industry so that you sell for the right price {and the right long term profits}.  
  2. The Owner Benefit you’ll need to layout a true net profit: Thought your P & L was the end all and be all of your net profits. Not when it comes to selling. Chances are you’ve been writing off as much as possible for as long as possible and this has skewed your true net profits. Now, we’re gonna dismantle the P & L to create an Owner Benefit statement that gives your new owners the best chance to see your business’s potential.
  3. The Financing Options ahead for you {and your potential new owners}: There are numerous options to financing your business, but a select few may earn you extra dollars without extra headaches. We’ll explore your options {and let you in on exactly how we sold our companies}.  
  4. And, finally, where do you actually sell your business? {hint} It’s closer to home than you think.  

Listen in on today’s episode and you’ll learn:

  • The multipliers to use to determine the final asking price of your business
  • The strategies to use to increase your multipliers {so you can increase the
    value of your business!}
  • The one scenario where a multiplier does not apply
  • How to calculate the owner benefit and the types of expenses to leave out of
    this calculation
  • The different ways to finance the sale of your business for a potential buyer
    plus my personal favorite financing option
  • Tips on how to find a buyer easily!

With grit + gratitude,

Lisé