Management

Martial Arts Business And The 80/20 Rule

I first spoke about applying the 80/20 rule (also known as the Pareto Principle) to martial art school management when I wrote Small Dojo Big Profits back in 2003. The 80/20 rule is an economic principle based on observations on cause and effect in population and economics. Quite simply, it states that 80% of your outcomes will…

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Zanshin – It’s Not Just For Fighting

In the martial arts, zanshin is a Japanese term that refers to a relaxed state of continuing awareness. While the specific applied interpretation varies somewhat from art to art, it is generally accepted that to be in a state of zanshin is for one to be completely aware of and in tune with their surroundings.…

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How to Sell Your Martial Art School Part IV

In the first installment of this article series on how to sell your martial art school, I discussed the first two steps to selling, making sure it’s what you want and how to valuate your business. In the second installment, I explained how to find a buyer and negotiate a price. And in the third…

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Selling A Martial Art School, Part III

In the first part of this article series, I discussed the first two steps in selling a martial art school – making certain you’re ready to sell, and determining the value of your business. In the second installment, I covered finding a buyer and negotiating a price. In today’s article, I’m going to explain the…

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