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Menjo
Black Belt
Joined: 27 Jun 2005
Posts: 1786
Location: Canada
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 Posted: Sat Jul 02, 2005 4:57 pm Post subject: For a living |
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| I dont actually want to do this and iam way to young and I have other plans, but I wonder how often when someone starts a new dojo that it actually makes enough money and becomes sucessful or if its non-profit, gets alot of members? |
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Sam
Black Belt
Joined: 16 Dec 2004
Posts: 1746
Styles: ITF TKD, Wu Shu, Muay Thai
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| Posted: Sun Jul 03, 2005 6:06 am Post subject: |
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| i know quite a few people that do this.... but a the majority of instructors i know dont. |
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MasterH
Green Belt
Joined: 20 Jul 2005
Posts: 477
Location: Pacific Northwest
Styles: Hwa-Rang TKD, ITF, ATA TKD
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| Posted: Sun Jul 31, 2005 10:56 pm Post subject: Re: For a living |
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| Menjo wrote: |
| I dont actually want to do this and iam way to young and I have other plans, but I wonder how often when someone starts a new dojo that it actually makes enough money and becomes sucessful or if its non-profit, gets alot of members? |
How old are you? Now's the time to start planning if you want. Study buisness as well as you MA and start small and work you're way up. Look into NAPMA and MAIA, two buisness MA orgs. Sit with your instructor and talk about it. Start a network of succsess full MA instructors and see how they run things. Pattern your ideal buisness plan after what you learn for the owner/instructor you most trust. Just be aware of the McDojo traps, and you'll do fine. Good luck.
_________________
Adam (Fluffy) Huntley
www.rleeermey.com
www.martialartsindustry.net |
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Enviroman
Green Belt
Joined: 06 Jul 2005
Posts: 362
Location: Suburb of Philly.
Styles: Kosho Shorei Ryu Kempo and Aikido
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| Posted: Mon Aug 01, 2005 8:38 am Post subject: |
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| Running a martial arts school as a for-profit business is just like any other small business. It's the undeniable truth that most small businesses fail withint their first two years, so you need to be smart about what you are doing. I always recommend taking a few classes in marketing, finance, and accounting for anyone that plans on owning a small business one day. Even if you don't plan on majoring in business, these classes can be invaluable. |
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MasterH
Green Belt
Joined: 20 Jul 2005
Posts: 477
Location: Pacific Northwest
Styles: Hwa-Rang TKD, ITF, ATA TKD
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| Posted: Mon Aug 01, 2005 10:36 am Post subject: |
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| Enviroman wrote: |
| Running a martial arts school as a for-profit business is just like any other small business. It's the undeniable truth that most small businesses fail withint their first two years, so you need to be smart about what you are doing. I always recommend taking a few classes in marketing, finance, and accounting for anyone that plans on owning a small business one day. Even if you don't plan on majoring in business, these classes can be invaluable. |
Yup, listen to the man! I encourage all of my younger instructors to go to college first then open up. Just because you have a Black Belt does not mean you're ready to run a school.
_________________
Adam (Fluffy) Huntley
www.rleeermey.com
www.martialartsindustry.net |
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on the post.
