Plan your exit and do it graciously.
You are the boss and can do whatever feels right to you, but if you will decide to drop your loyal (low end clients, or clients who do not show, or clients who have horses with floating lameness, or clients who do not pay for your clinics with Big Names FEI clinicians, or clients who don’t have a fancy horse for you to ride, or clients with problem horses, or clients who are just a mediocre riders) for whatever reason, please do that with an utmost professionalism and tact.
It is disappointing to get a bitter taste of betrayal from a trainer with whom you’ve stuck during the rough times (even when you as a student had other, more suitable training opportunities) and then this trainer doesn’t have time for you, your lessons dwindle, but yet trainer finds plenty of time for her brand new wealthier clients with better horses. Or worse yet, picks up a stupid fight one day and suddenly explodes in your face. Plan your exit and do it graciously.
Choosing better horses and clients who can support you better - can be a very good business decision. It can bite you back as well, when people ask around and the overwhelming feedback from many, many former students is the same feedback that doesn’t compliment you… Not many people like a trainer with a “disposable clientele”. Former students don’t disappear to nowhere, they move to the local barns and stay in the area for many years to come with the same bitter story about a former trainer.
There are always good times when you will have too many students and there will be again bad times when you will not have enough students. With this economy, I personally would be more careful.
Not a trainer, but have run a service business for 15 years. Your loyal clients are your bread and butter - they’ll be there for you when times are tough. There will always be someone with more $$ and higher aspirations, but they are not the ones that will stick with you, they’ll drop you as soon as they get a better offer.
[QUOTE=TobySocks;3055544]
I would never recommend dropping loyal students, word of mouth is much more valuable than having fancy students. There will be a natural exchange of students (someone moves away, sells their horse, whatever), so just pick and choose wisely when you decide which new students to take in when there’s an opening. Then you can gradually shift toward more advanced/ambitious students without alienating your loyal students and damaging your reputation.[/QUOTE]
ditto