Advice on getting through lean financial times
We went through a difficult phase because of the global financial crisis, which had a significant affect on discretionary spending. There has been an explosion of retreats as well in the last 10 years, and some of them aren’t your traditional retreat. For example, a main stream hotel that offers some yoga classes and some healthier food options. We now have to compete against those businesses, even though we’re offering a very different, more authentic experience. We believe that balancing one’s mind, body and spirit will achieve lifelong wellness and that education and empowerment are essential tools in helping facilitate greater self discovery, happiness and a more fulfilled life.
My approach has always been to focus on the people, the purpose and experience we offer instead of focusing on the finances and the bottom line. I have found that by following your passion, the business will come, and the bottom line will follow.