One, the school MUST profit a minimum of low Six figures for the owner (Like a huge TKD school often does).
Two, I’m lazy, and would rather spend my time on KFM yapp’n about the soap opera of a love life I have, so it has to be self sufficent.
Three, it must have flexible enough courses to accomidate a wide variety of clients, from Kids, to health and fitness nutts to silk PJ Tai Chi Hippies to real fighters.
Four, some how, some way it MUST produce at least a small core of top quality hard core competitve fighters who are sucsessful in all sorts of competitions, under any rules, or even no rules from push hands to San Shou/Kou Shou and MMA.
Let hear yur ides (If they are good, I might actually use them someday!!!)
Make up a story about how you learned your art from some non-English speaking guy in a Chinatown somewhere. You were his only student, and he was the last teacher of the art.
Make up some religion-type stuff about the art and your skills.
Find some rich, gullible people to be your students.
Have some way for students to become disciples and charge them a bucketload of money for the privilege. Continue to suck cash out of them for the duration.
When the authorities start getting suspicious, feed all your followers purple kool aid.
Originally posted by Starchaser107 study under mimi chan for a few years and then open up a wah lum.
(drumroll)
ba-da-DUM-dum-dum!
actually … it took about 30 years for Wah Lum to get that big. I think RD wants it to happen instantly.
Hire a ringer, RD – someone who’s ready to teach and (hopefully) is also a top quality hard core competitive fighter. Heck, hire two. Then sit back and let the cash roll in …
I like joedoe’s idea, too. About the rich, gullible people, I mean. Not the Kool-Aid (limited ROI in that one). It would also be helpful if you married the daughter of one of those rich, gullible people.
1)You should also take the time to shoot ten or fifteen training videos. Show a form on each one, along with applications. Sell them online and put adds in Black-belt and Kungfu/Taichi magazines offering “distance learning courses”.
2)Charge at least four hundred dollars for the videos and one hundred fifty for each training certification and belt test, make sure you’ve got at least ten belts before black-belt.
3)Offer Black-belt testing after three years of training, but charge a grand for that rank’s belt test.
4)Offer to franchise to students from your Kwoon and your video courses for three or four grand, then take like twenty percent of thier yearly earnings.
5)Don’t be afraid to charge at least one hundred dollars a month. All the big schools do. Sign each student to a year long contract. Get a lawyer to write it up for you and contact a collection agency to handle drop outs.
6)Better yet, get thier credit/debit card number and charge them every month even if they stop showing up. If they don’t want to give thier crdit card number (or they don’t have), charge an extra $30.00 a month for a “processing fee”.
You’ll be making six figures in a couple of years if you follow this plan.
Originally posted by Royal Dragon
Two, I’m lazy, and would rather spend my time on KFM yapp’n about the soap opera of a love life I have, so it has to be self sufficent.
It can’t be self sufficient until you have trained a handful of students qualified to run the school for you.
Three, it must have flexible enough courses to accomidate a wide variety of clients, from Kids, to health and fitness nutts to silk PJ Tai Chi Hippies to real fighters.
then you need people who teach those things and have that experience. You can’t teach a fighter unless you are a fighter. You can’t teach me how to fight in a ring if you’ve never set foot in one.
you can’t tell me much about fitness if you know nothing about fitness, etc.
you need to either
hire people with these specialties or
get the experience for yourself, then field students to fill those roles.
Four, some how, some way it MUST produce at least a small core of top quality hard core competitve fighters who are sucsessful in all sorts of competitions, under any rules, or even no rules from push hands to San Shou/Kou Shou and MMA.
You can’t teach a fighter unless you are a fighter. You can’t teach me how to fight in a ring if you’ve never set foot in one.
however, churning hard core fighters and having a six figure school don’t really go together… unless you are getting the money from your fighting, but in that case, fighting is making you the money, not teaching.
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Ah Hellooooooooo, in the subject line it says “SIX FIGURE INCOME!!!”" what other reason could there be?
As for Mimi Chan, I was thinking more of studying behind her (He he he if you all get that!! :eek: )
then you need people who teach those things and have that experience. You can’t teach a fighter unless you are a fighter. You can’t teach me how to fight in a ring if you’ve never set foot in one.
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Fine, I’ll cover the mainstream courses (till I find someone to do it for me so I can yapp on KFM all day), and you come in and run the fight club for me. I’ll charge those students a “Club membership fee”, and then you can get what you can get from them on top of it.
in all seriousness, I think you should follow the example of any 6 figure school that you see existing…
If that model is (as was suggested earlier) a tkd school or karate then so be it. follow that model. I mentioned wl because it just seems to be a good enterprise in the kf world. I’m assuming that you’re not the lineage holder of anything though , so what you have to offer might not be “exclusive” (forgive me if I’m misinformed)
I believe that what the other guys here are saying..is perhaps you need to present your services in a way that seems “exclusive” (that is , if you aren’t already )
