Opened a Martial Arts Taekwondo School in Lincoln, Nebraska teaching both Modern Day Sport Taekwondo - Which is the very same style used in the Olympic Games and is more practiced in South Korea where Taekwondo had originated.
Prior to me opening this Taekwondo school, there was no place in Lincoln, Nebraska which is the Capital of course of the state, Nebraska barely has any Taekwondo presence of any kind and I'm doing what I can to change that to let other Taekwondo schools in our community and surrounding states that Lincoln finally has something and somewhere for their kids to go.
We offer competitive pricing to close meet our needs and compare to our business competitor schools but the majorty of them offer higher prices at only being allowed to attend twice a week for anywhere from 30 to 45 minutes. Where my classes are held in 60 minutes every class to ensure every student gets the work they need done. We offer unlimited classes so a student child or adult can attend classes as often as they need too.
We travel frequently to local events still within the State of Nebraska to support the other schools regardless of style and we travel to surrounding states to compete in various tournaments, attend seminars, take classes with fellow school owners from out of town. Our Travels include: Iowa, South Dakota, North Dakota, Kansas, Missouri, Minnesota to name a few and some of those Taekwondo schools are familiar of knowing Lincoln, Nebraska has a Taekwondo school now. This is something all my coaches have done in the past but no coach or instructor in Lincoln, NE has done such movement like this.
Every year I myself compete in various National Tournaments such as The U.S Open Taekwondo Championships even winning bronze in 2023. Also competing in the AAU - Amateur Athletic Union National Taekwondo Championships. Not only a head instructor / coach but I still love to compete.
My Taekwondo school does not belong to any such origanization on what could limit what we can do or limit our movement or travesls. This is what allows us to travel wherever to compete in open style tournaments. But I am affiliated with well known names among the Taekwondo community including some former Olympic Athletes and Korean Masters who are always helping us , not financially but being there for us.
Business Model is designed in a way that keeps pricing affordable for all students kids and adults and they are not bound by signing a legal contract for "x" amount of years they do sign an agreement regarding payments and how everything works. My rent is due on the 1st of each month and each new client gets to choose their billing date EFT between the 22 to the 29th of each month. I use Square to automatically withdraw their payments and keep a profile of every customer. The agreement can be cancelled at anytime with a 30 day notice preferred to stop billing in a timely manner.
Other than Taekwondo itself for our products, every year we sell new summer T Shirts for the students to wear during the summer even encouraging parents to purchase as well. I sell a variety of uniforms so all have different choices to choose from so they can express themselves differently.
I like to let my kids keep an open mind about what Taekwondo has too offer and not just stick to one thing and one thing only. Which is why we compete in different styles of Taekwondo and we are the only school in Lincoln, Nebraka to do so. We have also participated in community events to get our name out there and recruit new students as well.
About 12 months ago I got my own retail space of over 3,800 square feet and got a grant from my Native American Indian Tribe since I am Native American but it was just enough to get started. Due to job loss my personal credit score which I am working on has taken a decrease which I am working really hard to fix. But we are in an old CKO Kickboxing place with their sign still hanging out there and the inside need renovtions. Like paint job, window decor, new carpeting, new signage. Also brochures, etc.
I do my marketing at the moment by using Social Media such as Facebook, TikTok, Instagram and I also use GoogleAds as well and have found some success.
I believe that if I can receive the assistance I am asking for I know I can make this succeed. This is my passion and I can help kids develop confidence, help them succeed, have the equipment I need and a place that feels more like home to us. We all get along like family in there with the students and parents and I want my space to be included in that.
Olympic Sport Taekwondo has become a very popular style of Taekwondo Nationwide and also popular is Old Style Traditional Taekwondo which we teach as well. Our main goal is to offer a competitive product, develop children to become the best verisons of themselves and teach Taekwondo from a more fitness, competitive style and more modern while honoring the history of whre it came from.
I have not been able to secure a loan of my own. I have tried 3 times in 12 months and due to job loss a couple years ago payments for bills fell behind and my credit score took a dip and I am currently working to bring it back up so until then this idea was given to me.
Ready to Ask For Funding for your company?
Post a Funding Request