Who needs a studio?

Here is a picture that I took of a friend for a headshot she needed. I used two Canon Speedlites with no attachments. I placed her about five feet from the white wall by my stairs and put one Speedlight on a tripod on the stairs to light the back ground. The key light I put on another tripod slightly to my left and pointed it behind me and slightly up to bounce off the white wall and ceiling. Viola. Studio looking shot using only two Speedltes and bouncing light off of walls. Who needs a studio?