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How To Launch Your First (Or Next) Location [Solomon Brenner Ep. 81]
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How To Launch Your First (Or Next) Location [Solomon Brenner Ep. 81]
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In this episode of the Black Belt Business Podcast, Matthew Brenner interviews his brother, Solomon Brenner, the founder of Action Karate. They discuss the impact of the current economic climate on the martial arts industry, the benefits of pop-up locations, and strategies for negotiating leases. Solomon shares insights on build-out costs and the importance of organic marketing in attracting new students. The conversation emphasizes empowering teams to actively recruit and engage with the community to ensure the success of martial arts schools. In this conversation, Matthew and Solomon Brenner discuss strategies for growing martial arts schools, emphasizing the importance of compounding enrollments, embracing rejection, and understanding fixed expenses. They explore the impact of economic changes on business and the necessity of controlling one's own financial situation. The discussion also highlights the value of investing in oneself and the importance of human connections in a technology-driven world.