USA Gymnastics Webinar BUILDING YOUR DREAM TEAM: HOW TO EFFECTIVELY STAFF YOUR BUSINESS FOR SUCCESS WITH ELAINE JEWART

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1 USA Gymnastics Webinar BUILDING YOUR DREAM TEAM: HOW TO EFFECTIVELY STAFF YOUR BUSINESS FOR SUCCESS WITH ELAINE JEWART

2 Want to Own a Bsiness or Expand Yor Bsiness? Exit Strategy: What if this didn t work? Plan what to do if an employee leaves Plan what to do if another gym opens close to yor location Plan what to do if gymnastics loses poplarity Priorities are important

3

4 Growth, Change and Handling the Competition Bild or rent? How to handle competition? What is Yor Marketing Strategy Resorces: Financial, personal, family, investor, partners

5 Personal Growth: The Key to Sccess Self Edcate Professional Development IT Development Brand Yor Bsiness with USA Gymnastics Read Local Bsiness News

6 Reinvent Yor Bsiness Gymnastics and non-gymnastics revene and opportnities Leasing ot space Sharing revene on percentage basis Independent contractor The prpose of owning a bsiness

7 Yor Bsiness Vision Parents are important Kids Shold Have Fn Program Implementation Create a good Employee Manal

8 Things to Monitor Pay attention to finances from the the beginning Find and rely on professional advisors Understand strategic thinking Work ON the bsiness not IN the bsiness Encorage and compliment employees Tie job descriptions to accontability Docment good or bad behaviors

9 Two Types of Staffing Bsiness Staff Legal Office Financial Insrance HR IT Maintenance Marketing

10 Professionals Who Help Yo Rn the Bsiness Legal : Contracts, waiver, lawsits, estate, will, lease Financial : Banker, accontant, taxes, payroll, bookkeeper, qick books, dashboards, spreadsheets HR : workforce, compliance, employee isses, staff, hires, child labor laws, employee handbooks, contracts, leases, complaints Insrance : Premise liability, rent or own, content, eqipment, accident, liability, mbrella, bonding, professional IT : Data, social media, website, commnications, compter networking, adio, video, PR

11 Two Types of Staffing Teaching Staff Coaches Teachers Assistants Managers

12 Hiring Staff for Sccess Empower Yor Employees The difference between being a good leader and being a manager are different skill sets. Train Staff on working for the bsiness not jst teaching the athletes. Encorage staff to contribte ideas. Make them feel important Reward and encorage Get by in for change Edcate them on the bsiness Hire people smarter than yo

13 Get to Know Yor Staff Disc Test: Personality traits Energy Leadership Index Assessment Look for entreprenerial traits Rainmaker qalities Cltre first Hire a team player Spend more time and resorces developing the top third of yor staff

14 Family Members on Yor Staff Hire for competency Know which hat yo are wearing Treat family and non-family staff the same Spend separate time on bsiness and family

15 Be a Great Delegator Clear expectations Make sre they do what yo are asking Use yor vale statement in decision making Know that yo can t do it ALL Assme everyone is doing their best Give away administrative tasks Make promotion a big deal Train staff to interact with parents appropriately

16 My Greatest Srprise! 1999 : Family Bsiness of the Year Got to analyze the Bsiness from a family bsiness perspective to appreciate what we do. Raise level of edcation by joining the IEE (Institte for Entreprenerial Excellence) program Workshops, seminars, peer form grops

17 Use an Advisory Board for Yor Bsiness 2000 POWERLINK: Prpose of an Advisory Board Use Strategic Planning: How? When? Why? Where? Who? Working on yor bsiness not in yor bsiness? If yo can t measre it yo can t manage it!!! Become a data nerd. It will pay off. Do SWOT Analysis on everything. (Strength, weakness, opportnities, threats) 5 to 7 people: Yor partners, department heads, otside expertise, facilitator.

18 Set Up an Administrative Binder Create an Administrative Binder. Letter from President: Letter to self abot the bsiness. Program Overview: Who is rnning the program? How many kids? How many classes? Who is teaching? What changes are yo trying to make? What changes do yo need to make? Trends of the times? How are yo marketing? What is yor wish list? Mission Statement for bsiness. Yor personal mission statement. Yor resme. Governing principles Manpower Organizational Chart Financials: Monthly, yearly, profitability, Statistical Historic Data: Enrollment, personal finances, bdget, P / L, Profitability Statements History of the bsiness Marketing Plan: In hose, word of moth, social media, free news, yor brand Legal Binder: Two copies. Shareholder agreements, contracts, leases, will, living will. Maintaining the administrative binder allowed me to have information at my finger tips for marketing, financial needs, making decisions, strategic planning, etc.

19 Enrollment History Ninja Rec Team/Xcel Rec Preschool Cheer/Tmbling Preschool Rec Cheer/Tmbling Rec Team/Xcel Ninja

20 What is a Sccessfl Bsiness? How do yo define yor sccess? The Balanced Score Card: Revene, stdent-team sccess, systems, legacy Bsiness plan Mission Systems Class and Team Goals Legacy

21 Contact Elaine Jewart USA Gymnastics Clb Services

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