We had the good fortune of connecting with Lindsey Girardot Teets and we’ve shared our conversation below.
Hi Lindsey, we’d love to hear about how you approach risk and risk-taking
I believe Risk taking is more about a “gut instinct” than anything else. You can run the numbers all you want and speak with as many successful people in the industry but when it comes down to it, there are various outside factors that can prevent your decision from coming to fruition. In my life/career, following my initial “gut instinct” has (almost) always served me in some way. With opening my very first business in 2010, it was the best decision I ever made. It was the right decision at the right time and I still own it 11.5 years later. There were subsequent decisions I made to quickly open more franchises in a short amount of time and I thought my “gut” was steering the ship but when I look back I think fear, timing and pressure that I felt from the above company and that I put on myself was really the driving force and most of those locations never really made much revenue. I have sold two of them. I think the thing with risk is it is just that, A RISK! You are risking a lot in your personal life to take a big career step and a lot can go wrong; COVID, economy downturn, operation overload, lag in employee staffing, family tragedy, health issues etc. If you take a risk that is authentically guided from “your gut”, in my opinion, it is the only way to do it!
Can you give our readers an introduction to your business? Maybe you can share a bit about what you do and what sets you apart from others?
I have opened, relocated and owned 5 Pure Barre franchises total throughout the last 11.5 years. I now own 2 locations. I got involved with Pure Barre basically from it’s inception and have had influence on the brand throughout the years regarding multiple acquisitions of ownership, several CEOs, several of my personal employees that I personally trained have been and are currently working on the corporate level, I was an MTT for 3 years and trained teachers nationwide and I am still here! This has been a primarily female run and female employed business (until recently). There is a lot of challenge with a team of women but along with that can come incredible “warriorism” (if thats a word). Incredible inspiration and strong synergy. In the beginning it felt easier, I was younger and my ambition was thriving. Now there is nothing easy about running these businesses through COVID. I have never worked so hard and have never felt so discouraged. I will say, we are still standing and we will get through all of this, and we will be stronger for it! In my opinion, if a business owner is still alive after COVID in the fitness industry – they should be valued morally and financially more than ever!
Let’s say your best friend was visiting the area and you wanted to show them the best time ever. Where would you take them? Give us a little itinerary – say it was a week long trip, where would you eat, drink, visit, hang out, etc.
One of my locations is in The Coloradan downtown at Union Station. I would take them down there and walk around Union Station. The Dairy Block, Milk Market, Tavernetta, Citizen Rail, even just hanging out on the deck of Whole Foods is SO much fun! Of course hiking or going on a nice walk is key, maybe up near Deer Creek Canyon/Plymouth Mountain.
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
I would like to shoutout to ALL of the women out there who think risk is dependent on others information. Waiting on other people to “help” you make your decision. It is you and only you who can take a “gut driven” risk at the end of the day and if you OWN that, it’s yours to have forever!
Facebook: Pure Barre (Cherry Creek), Pure Barre (Union Station)