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I don't think i can add anything more then what has already been said, but this is what i know
Like yourself i would like to own my own gym (here in NZ preferably maybe). But until then as BlairBob said i need lots more experience.
I think that you can coach and manage but it is definitely going to be HARD, especially as the club grows. The current club owner used to coach rec to competitive (partly cause she loved it partly cause shortage of coaching) and manage, but this year is doing only like 2-3 rec classes a week, and the rest is club management. Now this is for a club of about 300-400kids. (rec,comp, tramp, display etc included). To me i think that for be able to do both successfully it requires to delegate the work. I think that the best way to go about it is to like JzsMom said to delegate responsibility. Its much easier to say ok I am head Competative coach, so and so is head rec coach, so and so is Head tramp... etc.. So everyone has an area of responsibility. You as head coach (i would assume for competitive) and manager you have the responsibility to ensure that all the other head coaches are onto it, and are doing their job effectively but you let them do them, that way you have time to spend coaching. It requires a strong committed team effort but i for one would prefer to work together with a group of people towards one goal then to try and run everything myself.
I guess as a owner/buisness person you need to be a great leader, and like all great leaders you need to know your strengths and weaknesses.
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