Reflect on Your Business Decisions

Consider Your Business Decisions

« Blog | Written by ezfacility | | (0) Comments |

If you own a health club or sports facility, you know that about 98 percent of the job consists of making decisions. In any aspect of life, decision-making can be challenging, but in the context of running a business, it can be especially nerve-wracking. The success of the business, your livelihood, the livelihood of others—all of these things depend on you making sound decisions (and, when we’re talking health clubs and sports facilities, the health and happiness of a lot of people also can depend on those decisions).
IHRSA’s blog recently ran an interesting piece featuring three health club owners and the business decisions they’re most proud of. Luke Carlson, CEO of Discover Strength in Plymouth, Minnesota, said that he’s proudest of his club’s decision to make the development and treatment of staff its highest priority. “Our increases in revenue always seem to be linked to our investment in our employees,” he says. “We started with only part-time employees. As soon as we created full-time, career track, salaried positions, our revenue dramatically increased…. When we gave our staff budgets for travel and continuing education, our revenue increased even more. Every time we make an effort to improve our staff and demonstrate that we care about them, they seem to be increasingly effective with our clients.”
Floriane Chatron, Founder of Aquaflorès in Paris, France, says she is proudest of launching an aqua-wellness facility in a difficult market with many low-cost competitors. “I am proud to have taken up this challenge, which, to most observers, seemed doomed to fail,” she says. And Jason Cerniglia, owner of Hoover Fitness in Hoover, Alabama, said he’s proudest of his decision to write an exercise and diet book. “First,” he noted, “I can help people anywhere and anytime, regardless of whether they are members or not. Second, instead of paying for a one-hour diet consult, people can buy the book and get the information they need. Third, it’s a great retention tool for my club because it helps members get results. Fourth, it can be a retention tool for other clubs. Most of all, the book can help deconditioned people, because it teaches how to get results and still enjoy life.”
While each of these decisions offers good ideas to other business owners (definitely prioritize your employees’ well being, don’t hesitate to launch something you believe in even if no one else seems to—and maybe it’s time to start thinking about writing a book!), the lesson here really is that, as a health club or sports facility owner, you can benefit from taking a moment to reflect on business decisions you have made. Which one are you most proud of? Why? Which one has been the least effective? Why? Jot down answers to these questions, and then take some time to analyze the processes you used while making your best decision and your worst one. Were other people involved or was it a solo choice? How did you conduct research before making the decision—or did you? Do your colleagues agree with your assessment of your best and worst decisions? Do they have ideas for how to continually make good ones? What have you learned from the decisions you’ve made?
The thing is, decision-making is tricky—enough that it’s its own field of study within cognitive science research. No one really understands how it works. The more familiar you are with your own decision-making processes, the more likely you are to have an immediate answer (or so many immediate answers that you might have trouble deciding which one to give) the next time someone asks you what business decision you’re most proud of.

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