If We Had To Start A Gym FROM SCRATCH, This Is How We Would Do it.
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- Опубліковано 12 вер 2024
- While digging through our video archive we've found a few older videos which have great information value so we decided to share some of them with you, this is the first one of those, more are coming over the next few days.
A very common question we get is - "If you could start over again, what would you have done differently?"
In this video Ed & Cale are going to give their answers to that question, they've paid a lot of "ignorance tax" while running their gym businesses so they know what needs to be avoided the second time around. They paid their "ignorance tax" so that you don't have to pay yours! Enjoy the video.
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6:27 If you want a fun experiment, I gladly raise my hand! 🙋♀️ New yoga studio owner here. Slow growth. Love your videos, thank you and keep up the great work! 🧘♀️💛
Hey!! I apologize we're seeing this comment a few months late... but love to see you're in Jax! Our HQ is nearby. Have you talked with our team yet? If not, book a call here: gymlaunch.com/contact
@GymLaunch Yeah, I had to close my studio, thanks anyways I guess lol. 😅
@@everybodyfitnessinjax oh man! We don’t like to hear that.
@GymLaunch I picked a shitty location. It's ok it is what it is! We're Mobile Yoga now! I'm gonna try this before I dissolve it in 2024 maybe.
@@everybodyfitnessinjax Good for you - you got it! Keep watching our content, there’s definitely strategies applicable across business models!
“Ignorance tax” 😂 great info and inspo! Thank you
Ignorance tax is a real thing for sure, good news is you don't have to pay it! Thank you for taking the time to watch the video, glad you find it valuable.💪💪
Thank you so much! ❤
Great video thanks guys - With the 3x/week model, how do you implement/schedule that? Would it be like a group of 4 people that meet 8am MWF? Then maybe a T,TH,SA for another group at 8am? Or do you allow people to move around times and have the same workout offered multiple times everyday and the client chooses any of the times 3 sessions that works best for their schedule? So they could maybe do a M,T,F but not 'repeat' a workout? f you allow the clients to choose their time is it a first come first serve? Thanks!
I don't quite understand how focusing on semi-private would be more profitable? If you have group sessions priced at $99 a week and clients go 3x, that's $33 per session multiplied by 20-30 people that is $660-990 per session. If you do semi-private at $199/week, that's $66/session, times 4 people per session = $265/session. In both cases you deduct $50 or so for the trainer, it's obvious the group session model is much more profitable? Even if you only got 10 people in per session...
Great points, however there are a couple things here...
1) large group is $49/wk
2) if you have the space for 16-30 people and you run semi-private, you can run two sessions at once...or even rotate through so now you're making more per hour
3) unless you're in a major city, most session rates for trainers is $20/hr
Churn on $99/wk for large group is unsustainable
Hey! Great video guys but I am trying to start a 24-hour gym (something like planet fitness, anytime fitness). Usually gym memberships are $40-$50 :/ will schedule a call soon to talk :D I’m probably gonna start it a few years from now but would love to get a heads up
not a sustainable business. these group training/semi private gyms are the way to go. i own 2
The boys!! 💪🏻
my dad and i want to start a business but the thing is i work full time and we both are kinda living check to check
Where are you located at Peyton?! We’d love to have you at our upcoming event to get to know the gym owner world! gymcon.com
199/week per person?
correct, always charge individually.
@@GymLaunch wow thanks for the reply, btw here in Italy it's hard to sell at 50/week I need to figure it out how to apply 💪
@@a13l0v3 work your way up, with more and more reps under your belt!