057 – Lauren Bateman on Building a Multi-Location Music School
Read the full transcript for this episode here.
Today I’m talking to the owner of a music school in the Boston area who started by teaching guitar out of her spare bedroom and now has a school with three commercial locations and a staff of over 30 teachers serving more than 500 students.
We talk a lot about finances in the conversation. More specifically, how Lauren decided when to bootstrap and when to take out a loan to finance her business growth. This episode provides a really helpful counterpoint to last week’s bootstrapping conversation with Jaclyn Bradley.
I hope listening to both last week’s episode AND today’s episode gives you insight as you think about your own business financing options.
The Richest Man in Babylon by George S. Clason
Traction: Get a Grip on Your Business by Gino Wickman
Clockwork: Design Your Business to Run Itself by Mike Michalowicz
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