The Wealthy Gym Owners podcast

Artwork

Player FM - Internet Radio Done Right

추가했습니다 forty 주 전

Pat Rigsby and Paul Routon Jr에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Pat Rigsby and Paul Routon Jr 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

<

<div class="span index">1</div> <span><a class="" data-remote="true" data-type="html" href="/series/series-3594218">The Innovators & Investors Podcast</a></span>

<div class="span index">1</div> <span><a class="" data-remote="true" data-type="html" href="/series/series-3594218">The Innovators & Investors Podcast</a></span> podcast artwork

<div class="span index">1</div> <span><a class="" data-remote="true" data-type="html" href="/series/series-3594218">The Innovators & Investors Podcast</a></span> podcast artwork

1
The Innovators & Investors Podcast

2일 전2d ago

주마다+

The Innovators & Investors Podcast: Connecting the Startup Ecosystem. We are on a mission to bridge the gap between founders, investors, and industry leaders across the early-stage ecosystem. By bringing together visionaries from cutting-edge startups, venture capitalists, family offices, angel investors, accelerators, and studios, we offer a platform for sharing invaluable insights, market trends, and first-hand experiences. Whether you’re an entrepreneur navigating the challenges of building a business or an investor seeking opportunities in emerging technologies, our podcast provides a front-row seat to the dynamic world of innovation and investment. Tune in to gain a comprehensive understanding of the startup landscape, stay ahead of the curve, and benefit from the collective wisdom of those shaping the future. Think you'd be a great guest on the show? Apply at https://finstratmgmt.com/innovators-investors-podcast/

The Wealthy Gym Owners Podcast

공유

시리즈 홈•Feed

Pat Rigsby and Paul Routon Jr에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Pat Rigsby and Paul Routon Jr 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.

… continue reading

40 에피소드

Artwork

The Wealthy Gym Owners Podcast

updated 약 23시간 전

공유

시리즈 홈•Feed

Pat Rigsby and Paul Routon Jr에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Pat Rigsby and Paul Routon Jr 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.

… continue reading

40 에피소드

Όλα τα επεισόδια

×

1
Wealthy Gym Owners - 40 - Project 500 Takeaways 9:54

23 hours 전9:54

나중에 재생

나중에 재생

9:54

WealthyGymOwners.com Project 500 Gym Success: Key Takeaways for Explosive Growth In this episode of The Wealthy Gym Owners, Pat and Doug discuss the significant growth achieved by Project 500 gym clients, who have seen average monthly revenue increase by $8,000 within five months. Doug shares the critical elements that drive this success, including maintaining a weekly scoreboard for accountability and crafting proactive monthly marketing plans. They explore how these foundational strategies help gym owners transition from solopreneurs to managing a growing business while maintaining personal time. Tune in to learn how consistent engagement and problem-solving can re-engineer your gym business to realize its full potential. 00:00 Introduction and Overview 01:12 Understanding Project 500 Gyms 02:06 Weekly Scoreboard Rhythm 03:33 Crafting a Monthly Marketing Plan 04:35 Shifting to Full-Time Team Members 07:45 The Importance of Engagement 09:22 Conclusion and Final Thoughts…

1
Wealthy Gym Owners - 39 - Omnipresence in Fitness Marketing 16:27

8일 전16:27

나중에 재생

나중에 재생

16:27

WealthyGymOwners.com Modern Gym Marketing Secrets: Mastering Omnipresence and Targeted Messaging In this episode of The Wealthy Gym Owners, Pat and Doug discuss the evolution of marketing in the gym industry and what it takes to succeed now. They emphasize the importance of identifying and understanding your target avatar, crafting a compelling, targeted message, and using an omnipresence strategy across multiple channels. The duo also highlights the need for consistent engagement, the value of offline marketing tactics, and the benefits of offering free trials to convert leads into clients. Learn how to navigate the competitive landscape and ensure your gym stands out in today's market. 00:00 Introduction to Modern Gym Marketing 00:16 Defining Your Target Avatar 01:03 The Importance of Capturing Attention 02:41 From Linear to Omnipresence Marketing 04:14 Evolving Marketing Strategies 08:43 The Role of Free Trials and Engagement 09:40 Case Studies and Real-World Examples 14:06 Consistency and Local Marketing Tactics 15:42 Conclusion and Key Takeaways…

1
Wealthy Gym Owners - 38 - Pre-Selling Your Gym - Filling to Capacity 15:51

15일 전15:51

나중에 재생

나중에 재생

15:51

WealthyGymOwners.com Skyrocketing Gym Memberships: Doug Spurling’s Proven Presale Strategies In this episode of The Wealthy Gym Owners, Pat Rigsby and Doug Spurling dive into Doug's remarkable success with the presale for his new gym location. With a strategic approach that combined high-impact marketing, grassroots efforts, and compelling membership perks, Doug managed to get nearly halfway to capacity before the doors even opened. From leveraging Facebook ads and sweepstakes to direct community engagement, he shares how he created urgency and scarcity around a founder's membership program. Learn how Doug’s relentless follow-up and meticulous planning resulted in a pre-sale that drove significant growth and nearly break-even status on day one. This episode is packed with actionable tips for independent gym owners looking to replicate this success. 00:00 Introduction and Overview 00:30 Setting Goals and Capacity Planning 01:56 Building Urgency and Founder's Membership 04:25 Marketing Strategies: Paid Ads and Grassroots Efforts 09:17 Presale Timeline and Challenges 12:18 Key Takeaways and Final Thoughts…

1
WGO - EP 37 - Doug's New Gym - Managing Multiple Location 24:36

22일 전24:36

나중에 재생

나중에 재생

24:36

WealthyGymOwners.com From Concept to Grand Opening: Launching Doug's New Gym In this episode of The Wealthy Gym Owners, Pat and Doug dive into the journey leading up to the grand opening of Doug's second gym location. They discuss the thought process behind opening a second location, overcoming challenges, financial investment strategies, the importance of hiring the right staff, and the build-out process including managing timelines and handling obstacles. Tune in to gain insights into effectively launching a new gym location while maintaining work-life balance. 00:00 Introduction to the Grand Opening 00:20 The Journey to a Second Location 02:36 Constraints and New Location Plans 07:05 Building Out the New Gym 10:37 Challenges and Lessons Learned 17:05 Financial Insights and Staffing 21:12 Conclusion and Final Thoughts…

1
WGO - EP 36 - Roadmap to 150 Clients - Phase 03 24:19

29일 전24:19

나중에 재생

나중에 재생

24:19

WealthyGymOwners.com Strategies to Scale Your Gym: Achieving 150 Clients and Beyond In this episode, Doug discusses the final phase in the journey to acquiring 150 clients for brick-and-mortar training gyms. They explore strategies for increasing monthly revenue from $30k to $45k, the importance of consistent and high-volume marketing, and the roles of full-time staff in achieving these goals. Practical tips include leveraging local community engagement tactics, optimizing admin tasks, the significance of maintaining a clean gym, and the importance of team meetings and internal training. Doug emphasizes the need for sustainable growth through consistency and strong team culture. 00:00 Introduction and Phase Three Overview 01:42 Marketing Strategies for Growth 04:44 Staffing and Team Building 05:35 Case Studies and Practical Examples 14:18 Admin and Operational Efficiency 19:06 Lead Follow-Up and Sales 22:40 Maintaining Quality During Growth…

1
WGO - EP 35 - Roadmap to 150 Clients - Phase 02 17:03

5 weeks 전17:03

나중에 재생

나중에 재생

17:03

WealthyGymOwners.com Mastering Phase Two: From 50 to 100 Clients and Beyond In this episode, Doug breaks down Phase Two of business growth, focusing on managing 50 to 100 clients and generating revenue between 15K to 30K per month. Key topics include structuring payroll to maintain a 40% cap, establishing a consistent monthly marketing plan, and the importance of maintaining high standards for coaching sessions. Learn the strategies for expense cutting, growing your business efficiently, and implementing a comprehensive marketing plan to achieve omnipresence in your community. Addressing common bottlenecks like high payroll expenses and inadequate marketing efforts, this guide is essential for scaling your business successfully. 00:00 Introduction to Phase Two 00:39 Managing Payroll and Revenue 03:01 Addressing Payroll Challenges 04:15 Scheduling and Marketing Strategies 05:23 Implementing a Monthly Marketing Plan 08:33 Creating Omnipresence in Marketing 11:56 Establishing Session Standards 13:36 Maintaining High Standards and Conclusion…

1
WGO - EP 34 - Roadmap to 150 Clients - Phase 01 34:13

6 weeks 전34:13

나중에 재생

나중에 재생

34:13

wealthygymowners.com Navigating Phase One: Essential Strategies for Solopreneur Gym Owners In this episode, Doug discusses the crucial first phase for gym owners, focusing on growing from zero to 50 clients and reaching $15,000 in monthly revenue. Key points include avoiding premature staffing, simplifying schedules, and dedicating time to marketing and operational systems. Doug gets into effective follow-up methods, essential daily marketing activities, and the importance of maintaining client engagement. Gain insights on implementing foundational systems like lead tracking, sales, onboarding, and utilizing scoreboards to monitor key metrics. Additionally, he touches on strategies for periodic client communication and pricing adjustments to maximize revenue. 00:00 Introduction to Phase One: Zero to 50 Clients 00:55 Common Mistakes in Phase One 02:07 Simplifying Your Schedule 04:53 Effective Marketing Strategies 10:42 Operational Systems for Phase One 11:50 Lead Tracking and Follow-Up 15:09 The Importance of Manual Follow-Up 16:39 The Power of Phone Calls 18:28 The Importance of Phone Calls 20:15 Effective Onboarding Strategies 21:18 Tracking Key Metrics 23:05 Improving Lead Follow-Up 27:52 Maximizing Client Communication 32:24 Adjusting Membership Pricing…

1
WGO - EP 33 - Roadmap to 150 Clients - Introduction 17:07

7 weeks 전17:07

나중에 재생

나중에 재생

17:07

WealthyGymOwners.com Mastering Gym Growth: Roadmap to 150 Clients In part one of Doug's presentation at a recent mastermind, he provides a comprehensive roadmap for gym owners aiming to grow their clientele to 150. Drawing from his 12 years of experience managing a gym with 300-400 clients and insights from Project 500 and the Boardroom, Doug underscores the benefits of managing smaller gym spaces and the significance of the Dunbar Effect. He explains key strategies around controlling churn rates, selecting a singular, scalable training model, and optimizing pricing structures. By focusing on growth phases from 0 to 150 clients, Doug offers actionable steps for gym owners to increase their net owner benefit and streamline their business models. 00:00 Introduction and Context 00:18 Why 150 Clients? 03:09 Managing Churn Rate 04:32 The Dunbar Effect 05:43 Net Owner Benefit 07:42 Three Phases of Growth 08:23 Choosing the Right Business Model 12:36 Pricing Strategies 14:56 Membership Options and Billing Cycles…

1
WGO - EP 32 - Focus Finder 43:30

8 weeks 전43:30

나중에 재생

나중에 재생

43:30

WealthyGymOwners.com Focus Strategies to Elevate Your Gym Business to $40,000+ Monthly In this presentation, Pat delves into how gym owners can break through common revenue plateaus to achieve $30,000 to $40,000 and beyond. Pat emphasizes the role of focus and consistency in navigating from the $10,000 to $15,000 range, prevalent in many gym businesses. The presentation covers four key focus areas: Connect, Convert, Create a World-Class Experience, and Scale. Specific strategies include having a clear front end offer, simple paid ad strategy, and weekly organic outreach. Pat also discusses the importance of a structured sales process, multifaceted follow-up systems, quick wins for clients, and team-building for growth. Additionally, Pat introduces tools to aid in consistency, such as personalized profit pipelines and follow-up guides. 00:00 Introduction and Overview 00:15 The Importance of Focus 01:31 Connect Unit: Front End Offers 05:07 Paid Ad Strategies and Organic Outreach 08:09 Lead Magnets and Referral Asks 16:16 Convert Unit: Sales Process 18:46 Follow-Up Systems 20:49 Transitioning to Recurring Revenue 25:02 Creating a World Class Experience 31:26 Scaling Up: Building Teams and Systems 36:22 Setting Targets and Tracking Progress 41:02 Tools for Personal Profit and Follow-Up…

1
WGO - EP 31 - What to Look for When Hiring 15:18

10 weeks 전15:18

나중에 재생

나중에 재생

15:18

Mastering Gym Hiring: Key Steps for Success | The Wealthy Gym Owners In this episode of The Wealthy Gym Owners, Doug and Pat dive into the essential steps for hiring the right people for your gym. They break down their effective four-step hiring process, starting with creating a compelling job offer and moving through phone interviews, in-person meetings, and finally, extending the job offer. Doug shares valuable tips on what to look for in a candidate, including timeliness, energy, and personality. They also discuss the importance of building a complementary team and the need for realistic expectations from employees. This is a must-watch episode for gym owners looking to scale their business successfully. 00:00 Introduction to Hiring for Gym Owners 00:29 Step 1: Creating a Compelling Job Offer 01:16 Step 2: Conducting Effective Phone Interviews 03:27 Step 3: In-Person Interviews and Evaluations 03:42 Step 4: Making the Job Offer 04:05 Adapting to the Changing Job Market 05:42 Building a Complementary Team 08:56 Shifting Responsibilities: Owners vs. Employees 13:01 Final Tips and Conclusion…

1
WGO - EP 30 - Debt and Taxes in Your Business 12:34

11 weeks 전12:34

나중에 재생

나중에 재생

12:34

Tax Strategies and Debt Management for Gym Owners In this episode of 'The Wealthy Gym Owners,' Doug and Pat dive into critical financial topics essential for gym owners. They discuss effective tax strategies versus tax preparation, emphasizing the importance of proactive tax planning. Doug shares personal anecdotes and tips on how to reduce tax liability, highlighting the benefits of structuring as an S corp and utilizing retirement accounts. The episode also covers practical steps for managing gym debt, such as understanding revenue and expenses, conducting expense audits, and using automated double payments to accelerate debt repayment. These strategies are aimed at helping gym owners achieve financial stability and growth. 00:00 Introduction to Financial Strategies for Gym Owners 00:58 Understanding Tax Strategy vs. Tax Preparation 01:41 Proactive Tax Planning Tips 04:10 Structuring Your Business for Tax Efficiency 05:15 Retirement Planning for Gym Owners 06:38 Transition to Debt Management 07:13 Strategies for Paying Down Gym Debt 08:45 Expense Auditing for Financial Health 10:13 Automating Debt Repayment 12:00 Conclusion and Final Thoughts…

1
WGO - EP 29 - Lessons Learned from a Grand Opening 20:41

12 weeks 전20:41

나중에 재생

나중에 재생

20:41

Lessons Learned from a Grand Opening | The Wealthy Gym Owners Hey everyone! Pat and Doug here with another exciting episode of The Wealthy Gym Owners podcast! In this episode, Doug dives into the lessons he's learned from his current grand opening experience. Whether you're prepping for your own grand opening or looking to scale up your gym, these insights are gold! Doug discusses the importance of managing expectations around timelines, the challenges of hiring staff for a facility that's not yet open, the often overlooked costs of equipment and flooring, and the power of effective marketing strategies like sweepstakes and giveaways. Tune in for valuable takeaways that can help you at any stage of your gym owner's journey! 00:00 Introduction: Lessons from a Grand Opening 01:02 Lesson 1: Embracing the Unexpected 03:58 Lesson 2: Navigating Hiring Challenges 09:44 Lesson 3: Managing Costs and Negotiations 14:18 Lesson 4: Effective Marketing Strategies 19:13 Conclusion: Key Takeaways and Final Thoughts…

1
WGO - EP 28 - DIY vs Done For You 20:24

13 weeks 전20:24

나중에 재생

나중에 재생

20:24

Understanding the 'Do It Yourself', 'Done With You', and 'Done For You' Models in Gym Marketing In this episode of 'The Wealthy Gym Miners,' Pat and Doug dive deep into the pros and cons of three primary approaches to gym marketing: 'Do It Yourself,' 'Done With You,' and 'Done For You.' They discuss the importance of aligning your marketing strategy with your strengths and preferences, the evolution of marketing in the fitness industry, and share practical tips on how gym owners at various revenue levels can successfully implement these models. Doug also shares his hands-on experience with a grand opening, emphasizing the effectiveness of grassroots efforts coupled with professional ad management to maximize ROI. Whether you're a new gym owner or looking to scale, this episode offers valuable insights on how to optimize your marketing efforts for growth. 00:00 Introduction to Done For You, Done With You, and Do It Yourself 00:22 The Shift in Entrepreneurial Mindset 01:34 Marketing Evolution in the Fitness Industry 04:30 Exploring Do It Yourself Strategies 05:46 The Done With You Approach 07:04 Advantages of Done For You Services 14:54 Balancing Grassroots and Paid Advertising 19:30 Conclusion and Final Thoughts…

1
WGO - EP 27 - Luke's Path to a 7-Figure Gym 21:20

14 weeks 전21:20

나중에 재생

나중에 재생

21:20

From Independent Contractor to Seven-Figure Success: Luke Sullivan's Journey In this episode of The Wealthy Gym Owner Show, host Pat Rigsby features Luke Sullivan, a former small gym owner who has transformed his business from making $13,000 a month to approaching a seven-figure business. Luke shares his journey of switching from an independent contractor model to employing staff, and the bumps and challenges along the way. Key strategies, mindset shifts, and the impact of joining Virtual Fitness Mastermind and IBA and Boardroom are discussed. Additionally, Luke talks about how these improvements have positively affected his personal life and provides advice for other struggling gym owners looking to achieve similar success. 00:00 Introduction and Guest Welcome 00:55 Luke's Early Gym Days 02:20 Transition to Employee Model 03:37 Challenges and Setbacks 05:20 Turning Point and Growth 09:17 Implementing Systems and Leveraging 10:49 Mindset Shifts and Success 14:39 Impact on Personal Life 18:04 Advice for Struggling Gym Owners 20:39 Conclusion and Contact Information…

1
WGO - EP 26 - Branding for Wealth 21:01

15 weeks 전21:01

나중에 재생

나중에 재생

21:01

Mastering Gym Branding: Strategies for Building Trust and Client Engagement In this episode of The Wealthy Gym Owners, Pat and Doug dive deep into the concept of branding and its crucial role in the fitness industry. Pat explains that successful branding goes beyond colors and fonts; it encompasses the reputation and story perceived by potential clients. He outlines a three-part strategy for enhancing a gym’s brand: creating relevant content, providing experiential interactions, and maintaining a strong reputation through testimonials and reviews. Pat shares valuable insights on the importance of bingeable content and incentivizing engagement, offering practical tactics for gym owners to convert prospects faster. The discussion also includes real-life success stories and systematic frameworks for implementing these branding strategies effectively. 00:00 Introduction and Overview 00:27 Defining Branding in the Fitness Industry 00:57 Improving Your Brand: The Starting Point 01:42 The Three Pillars of Branding 03:45 The Power of Content in Branding 07:51 Creating Bingeable Content 11:10 Engaging and Incentivizing Potential Clients 15:38 Building a Framework for Brand Engagement 19:36 Competing with Big Brands 20:51 Conclusion and Final Thoughts…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 25 - The Road From Free Trials to Members 22:17

16 weeks 전22:17

나중에 재생

나중에 재생

22:17

Converting Trials into Long-Term Gym Clients: Strategies and Techniques In this episode of Wealthy Gym Owners, Doug and Pat delve into the critical process of converting trial participants into long-term gym members. Doug discusses the importance of having structured front-end offers or trials and differentiates between evergreen and deadline-driven trials. They explore weekly check-in strategies, the concept of the Godfather offer, and the essential steps in maintaining contact with non-converted trials. The discussion also emphasizes the value of clear, personal communication and assuming success in future interactions to increase conversion rates. Listeners will gain valuable insights into optimizing trial conversions without significant additional effort or marketing expenditure. 00:00 Introduction to Converting Trials into Clients 00:38 The Importance of Front End Offers 02:25 Types of Trials: Evergreen vs. Deadline Driven 07:34 The Godfather Offer: Converting Trials to Memberships 11:57 Weekly Check-ins and Conversion Strategies 14:19 Handling Non-Conversions and Alumni Engagement 17:51 Final Tips and Conclusion…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 24 - Getting Team Members on the Same Page 15:05

17 weeks 전15:05

나중에 재생

나중에 재생

15:05

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- In this episode of Wealthy Gym Owners, Pat and Doug discuss a major challenge for gym owners—keeping team members on the same page. Doug introduces a practical and straightforward approach called the '5-15 strategy' to address this issue. This includes creating a clear and concise one-sheet of roles and responsibilities, conducting weekly check-ins via a simple Google Form, and holding short, effective meetings to ensure alignment and accountability. The episode emphasizes the importance of consistent weekly reviews and previews to foster better communication and incremental improvements in team performance. 00:00 Introduction: Addressing Team Member Challenges 02:06 The Importance of Clear Roles and Responsibilities 06:01 Weekly Check-ins: The 5-15 Method 10:08 Practical Tips for Effective Team Management 13:39 Conclusion and Final Takeaways…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 23 - Doug is Back in the Gym Business 19:52

18 weeks 전19:52

나중에 재생

나중에 재생

19:52

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Doug's Return to Gym Ownership and Starting a Second Location In this episode of Wealthy Gym Owners, Pat Rigsby and Doug Spurling discuss Doug's return to gym ownership and the process of starting a second location of Spurling Fitness. They delve into Doug's journey from selling the original Spurling Fitness in mid-2024, to focusing on real estate and coaching, and then deciding to embark on this new venture. Doug shares his thought process, financial planning, and the logistics of securing a new location, including his strategy to operate with a leaner staff and a singular small group training model. They explore the benefits and challenges of entering a tier-two market and how past experiences will inform the new approach. Additionally, they talk about the opportunity for coaching clients to follow along and build their own gyms in tandem with Doug's new project. 00:00 Introduction and Exciting News 00:34 Doug's Journey Back to Gym Ownership 02:41 Planning the New Gym 03:18 Financial and Operational Strategies 07:10 Marketing and Growth Strategies 08:06 Location and Facility Considerations 14:08 Timeline and Future Plans 17:35 Final Thoughts and Flexibility in Business…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 22 - Crafting Wealth and Wellness with Luke Sullivan 20:34

19 weeks 전20:34

나중에 재생

나중에 재생

20:34

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- In this episode of 'The Wealthy Gym Owners,' host Pat Rigsby sits down with Luke Sullivan, a fitness entrepreneur and owner of Pinnacle Fitness in Scottsdale, AZ. Luke shares his inspiring journey from starting in a small 1600 square foot space in 2010 to growing his business to a 4,000 square foot facility with nearly $900,000 in revenue in 2022. Learn how Luke found his niche serving the 50+ population with special needs such as hip and knee replacements, and how he overcame challenges like unexpected gym closures due to COVID-19. Discover actionable insights on planning, marketing, and creating a unique client experience that helped Pinnacle Fitness thrive. Whether you're a gym owner looking to scale or someone interested in the business of fitness, this episode is packed with valuable wisdom and real-life success stories. 00:00 Introduction and Welcome 00:35 Luke's Business Journey: From Humble Beginnings 01:22 Navigating Challenges and Growth 02:21 Revenue Milestones and Business Strategies 06:03 The Importance of Focus and Urgency 07:18 Building a Supportive Community 10:30 Client-Centric Approach and Differentiation 12:35 Marketing and Expansion Plans 13:44 Role Evolution and Personal Growth 15:23 Future Goals and Family Impact 19:25 Conclusion and Contact Information…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 21 - Scaling and Succeeding with Levi Memmer 33:20

20 weeks 전33:20

나중에 재생

나중에 재생

33:20

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- In this episode of the Wealthy Gym Owners Podcast, host Pat Rigsby chats with Levi Memmer, a successful gym owner from Texas. Levi shares his journey of building a thriving business with nearly 400 clients, focusing on both large and small group training. He discusses the strategies behind his gym's impressive profitability and client retention rates, the importance of client relationships, and his innovative T-shirt system for member recognition. Levi also talks about his personal shift towards creating an 'ideal business' that allows more time with family, his approach to wealth building through investment and minimizing debt, and the critical role of having financial leverage. This episode offers valuable insights for gym owners looking to grow their businesses and achieve financial freedom. 00:00 Introduction and Guest Welcome 00:56 Overview of Levi's Business 02:00 Staff and Facility Details 03:03 Business Growth and Client Retention 04:26 Profitability and Retention Strategies 07:33 T-Shirt System and Client Recognition 10:17 Journey of ITS and Ideal Business 16:32 Marketing and Client Acquisition 23:07 Wealth Building and Financial Strategies 30:53 Future Plans and Conclusion…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 20 - Roadmap to $500k 1:08:24

21 weeks 전1:08:24

나중에 재생

나중에 재생

1:08:24

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Scaling Your Brick and Mortar Gym to $500K: A Comprehensive Roadmap This presentation script provides a detailed roadmap for brick and mortar gym owners to scale their businesses to $500,000 in annual revenue. The speaker, a former gym owner who reached this milestone in four years, outlines a strategic approach that includes seven key steps: correct pricing, optimal scheduling, effective marketing, robust follow-up and sales tactics, exemplary onboarding processes, creating raving fans through recognition and results, and strategic staffing and financial management. The advice is detailed with practical examples, client case studies, and actionable tips aimed at helping gym owners realistically grow and maintain their businesses. 00:00 Introduction and Audience Engagement 00:26 The Roadmap to 500K for Brick and Mortar Businesses 01:12 The Importance of Reaching the 500K Tipping Point 03:47 Case Study: Luke Sullivan's Success Story 04:57 Step-by-Step Guide to Achieving 500K 05:26 Step 1: Pricing Strategies 16:34 Step 2: Effective Scheduling 27:54 Step 3: Marketing Essentials 34:39 Follow-Up and Sales Techniques 38:32 Client Success Story: Jeff Nelson's Gym 39:03 The Power of Phone Calls in Lead Conversion 39:49 Effective Sales Strategies and Pricing Techniques 40:04 Importance of a Single Appointment and Setting Expectations 40:35 Professional Presentation of Pricing 42:20 Finalizing the Sale: Membership Agreement 43:54 Onboarding New Clients: Checklist and Welcome Bag 49:52 Creating Raving Fans: Recognition and Rewards 54:52 Staffing Your Gym for Success 01:00:44 Financial Management: Knowing Your Numbers 01:07:54 Conclusion: Implementing the 500k Gym Standards…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 19 - Getting the Outcomes You Want 56:12

22 weeks 전56:12

나중에 재생

나중에 재생

56:12

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Mastering the Double Win: Balancing Personal Fulfillment and Business Success This talk dives into the concept of 'reverse engineering the double win,' focusing on how business owners can achieve both personal and professional goals. Pat RIgsby, with 20 years of experience and 37 businesses owned or co-owned, shares insights on identifying desired outcomes, committing to them, and aligning behaviors and habits to achieve those outcomes. Emphasizing the importance of clarity in business objectives, financial planning, and role definition, the discussion also highlights the need for continuous self-improvement, responsibility, and a proactive approach to marketing, sales, and business management. Key points include the significance of building an audience, the interplay between gross revenue and lifestyle goals, and strategies for achieving a balance in one's professional schedule and personal life. 00:00 Introduction to the Double Win Concept 01:02 Identifying Personal and Professional Goals 02:21 Commitment to Achieving Desired Outcomes 04:53 Understanding the Financial Aspects 05:41 Defining Your Ideal Lifestyle 07:45 Balancing Business Roles and Responsibilities 20:08 Creating a Flexible and Enjoyable Work Environment 25:31 Choosing the Right Business Model 27:25 Setting Revenue Goals and Adjusting Behaviors 28:41 The Reality of Running a Business 30:03 Survival Rates of Small Businesses 31:09 Reflecting on Business Longevity 33:37 Reverse Engineering Success 34:51 The Importance of Saying No 37:52 Building and Accessing an Audience 42:38 The Necessity of Selling 46:44 Taking Personal Responsibility 49:32 Planning, Production, and Perseverance 53:57 Adapting to Changing Landscapes 55:33 Universal Principles for Success…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 18 - Turning Leads Into Sales 48:46

23 weeks 전48:46

나중에 재생

나중에 재생

48:46

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Strategies for Turning Leads into Sales and Enhancing Brand Awareness In this episode, Pat discusses the challenges of converting leads into sales in a saturated market. Key topics include leveraging strengths, increasing conversion speed, and the importance of brand awareness. The conversation emphasizes the need for differentiating one's business through content distribution, gaining trust, and creating binge-worthy materials. By sharing experiences and actionable strategies, the speakers aim to help businesses stay ahead of the curve and maintain a strong ROI on leads. They also explore incentives to boost engagement and provide practical examples for fostering client relationships and overcoming trust deficits. 00:00 Introduction and Overview 00:17 Challenges in Converting Leads to Sales 03:04 Importance of Brand Awareness 04:42 Building Trust Through Content 07:42 Overcoming Market Saturation 19:12 Incentivizing Engagement 33:01 Fundamentals of Lead Generation 37:19 Implementing Effective Branding Strategies…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 17 - Building a Second in Command 40:52

24 weeks 전40:52

나중에 재생

나중에 재생

40:52

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Building Your Dream Team: The Role of a Second in Command In this episode, we dive deep into the essentials of establishing a second in command for your business. Whether referred to as a director or a general manager, this key individual takes over the daily operations, allowing you, the owner, to focus on big-picture strategies, marketing, and finance. We discuss the prerequisites for making such a transition, including managing revenue, developing a strong team culture, and ensuring profitability. We also explore the decision-making process for internal versus external hires, the necessary traits for the role, and how to structure their responsibilities and compensation. If you're considering elevating or appointing a second in command, this episode provides a comprehensive framework to help you make informed decisions and effectively transition into a more strategic role within your business. 00:00 Introduction to Building a Second in Command 00:25 Why Consider a Second in Command? 00:35 Shifting Focus: Strategy, Marketing, and Finance 03:40 Prerequisites for Hiring a Second in Command 07:57 Identifying the Right Candidate 08:40 Internal vs. External Hires 16:02 Traits and Skills of an Effective Manager 21:30 Structuring the Role and Compensation 24:26 Weekly Responsibilities and Time Management 34:12 Your Evolving Role as an Owner 40:33 Brainstorming and Best Practices Ready to grow your clientele & revenue?…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 16 - Getting Started with Wealth-Building 12:32

25 weeks 전12:32

나중에 재생

나중에 재생

12:32

https://wealthygymowners.com/ Ready to grow your clientele & revenue? Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Getting Started with Wealth Building: From Gym Profits to Real Estate Investments In this episode of 'The Wealthy Gym Owners,' hosts Pat and Doug discuss how fitness business owners can start building wealth beyond their gyms. They delve into Doug's first real estate investment—a lake house turned short-term rental—and the practical steps he took to make it happen. Learn about the importance of paying yourself first, leveraging short-term rentals, and converting personal goals into profitable investments. This episode is packed with actionable insights to help you start your journey to financial stability and growth. 00:00 Introduction to Wealth Building for Fitness Entrepreneurs 00:28 Overcoming the Initial Investment Hurdle 01:40 Doug's First Short-Term Rental Purchase 02:54 The Benefits of Short-Term Rentals 04:40 Turning a Vacation Home into a Profitable Business 06:45 Balancing Enjoyment and Investment 10:13 Steps to Start Investing in Short-Term Rentals 11:43 Conclusion and Final Thoughts…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 15 - The Secret to Boardroom Success 11:02

26 weeks 전11:02

나중에 재생

나중에 재생

11:02

https://wealthygymowners.com/ Ready to grow your clientele & revenue? Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Secrets to Success: Insights from Top Performing Fitness Entrepreneurs In this episode of 'The Wealthy Gym Owners Podcasr', Pat and Doug discuss the phenomenal success of their clients in the high-level coaching mastermind program, 'Boardroom'. They explore the common traits and strategies that have led these diverse fitness businesses to achieve their best-ever revenues and profits, even during typically slow periods. Key takeaways include the power of collaboration within mastermind groups, the importance of consistent and strategic marketing, meticulous tracking of business metrics, and the crucial role of effective team management. The episode emphasizes the significance of prioritizing continuous improvement and drawing inspiration from peers to avoid complacency. 00:00 Introduction to the WGO 00:16 Celebrating Success: Best Year and Best Month Ever 01:26 Characteristics of Successful Fitness Businesses 02:26 The Power of Mastermind Groups 03:15 Consistency in Marketing Strategies 03:55 Tracking Numbers and Client Experience 05:36 Continuous Improvement and Adaptation 06:34 Importance of Knowing Your Numbers 07:41 Solving People Problems for Growth 08:13 Engagement and Prioritizing Improvement 09:51 Motivation from Being the Underdog 10:44 Conclusion and Final Thoughts…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 14 - Doug's Big Levers 18:57

27 weeks 전18:57

나중에 재생

나중에 재생

18:57

https://wealthygymowners.com/ Springboards to Success: Key Moments in Growing a Fitness Business In this episode of 'Wealthy Gym Owners,' Pat and Doug discuss pivotal moments that propelled Doug's fitness business forward. The discussion highlights the importance of choosing a specific client avatar, making key hires, finding a strategic location for convenience, and committing to one business model. Doug also underscores the significance of financial management and profit structure, sharing personal experiences and insights that underscore each point. This episode provides a comprehensive look at the strategic decisions behind developing a successful fitness enterprise. 00:00 Introduction and Episode Overview 01:21 Doug's Early Business Challenges 03:29 The Importance of Key Hires 05:28 Understanding and Motivating Your Team 08:47 The Impact of Location on Business Growth 12:38 Choosing and Doubling Down on a Business Model 15:39 Financial Realizations and Adjustments 17:13 Conclusion and Final Thoughts…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 13 - The Difference Between a Great and Average Business 21:02

28 weeks 전21:02

나중에 재생

나중에 재생

21:02

https://wealthygymowners.com/ Key Differences Between Average and Successful Fitness Businesses In this episode of The Wealthy Gym Owners podcast, Pat and Doug explore the distinct characteristics that set advanced, successful fitness businesses apart from average ones. They delve into key areas such as consistent marketing strategies, robust staffing plans, effective tracking systems, solid financial management, and an investor mentality. By understanding and implementing these principles, aspiring gym owners can close the gaps in their own operations and achieve greater success. 00:00 Introduction: A New Direction 00:09 Understanding Business Stages 01:28 Key Differences in Marketing Strategies 01:57 The Importance of Consistent Marketing 03:15 Tailoring Marketing to Your Strengths 05:02 Building and Managing Your Team 07:40 Effective Tracking and Systems 12:36 Proactive Financial Management 16:18 Thinking Like an Investor 20:15 Conclusion: Building a Durable Business…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 12 - Hiring and Onboarding 20:32

29 weeks 전20:32

나중에 재생

나중에 재생

20:32

https://wealthygymowners.com/ Effective Hiring and Onboarding: Strategies for Fitness Entrepreneurs In this episode of the Wealthy Gym Owners podcast, Pat and Doug dive into the second part of their series on hiring and onboarding new team members. They discuss best practices for setting up new hires for success, focusing on pre-start logistics, a structured onboarding program called 'the Academy,' and the importance of classroom time. The conversation also touches on creating clear roles and responsibilities, the need for continuous practice and feedback, and aligning new hires with the company's vision and culture to foster engagement and commitment. Practical tips and analogies are provided to highlight the keys to building a cohesive and motivated team. 00:00 Introduction and Series Overview 00:24 Recap of Previous Episode 00:38 Initial Steps After Hiring 02:06 Onboarding Process: The Academy 03:29 Classroom Time and Co-Coaching 10:57 Role Playing and Practical Training 12:45 Defining Roles and Responsibilities 15:48 Nailing the Basics 17:04 Continuous Practice and Improvement 19:37 Conclusion and Future Episodes…

T

The Wealthy Gym Owners Podcast

The Wealthy Gym Owners Podcast podcast artwork

1
WGO - EP 11 - Recruiting and Hiring 18:51

30 weeks 전18:51

나중에 재생

나중에 재생

18:51

https://wealthygymowners.com/ Effective Hiring Strategies for Fitness Entrepreneurs In this episode of The Wealthy Gym Owners, hosts Doug and Pat discuss advanced hiring strategies for fitness business owners in a post-COVID landscape. They emphasize the importance of constantly recruiting, leveraging email lists, and utilizing hospitality workers. They also highlight untapped opportunities in building relationships with local universities and sports teams. Doug and Pat provide practical tips like creating a job sales page, using quick phone interviews to screen candidates, and focusing on character traits over credentials. The episode concludes with a teaser for part two, where they will cover the onboarding process for new hires. 00:00 Introduction and Episode Overview 00:25 The Evolving Hiring Landscape 01:15 Recruiting Strategies and Tips 04:25 Building Relationships with Universities 07:15 Mentorship and Long-Term Hiring 11:21 Filtering and Interviewing Candidates 16:32 Final Thoughts and Next Episode Preview…

플레이어 FM에 오신것을 환영합니다!

플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.

500개 이상의 주제를 청취

탐색하는 동안 이 프로그램을 들어보세요.