Owner of Unprofitable Million-Dollar Gym Finds Success Through Mentorship
Run a Profitable Gym
English - August 11, 2022 04:00 - 56 minutes - 38.6 MB - ★★★★★ - 61 ratingsEntrepreneurship Business Health & Fitness fitness coaching crossfit business gym marketing ceo Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Gym owner Chris Thacker reached over $1 million in gross revenue, but he had a problem:
An expansion came with increased expenses, and Thacker was struggling to keep on top of the mounting bills. He wasn't paying himself what he was worth, either. So he called Two-Brain Business.
With Two-Brain's guidance, Thacker got rid of discounts on training, shored up his service, increased his rates and ensured he was getting ROI on his expenses. Now with a longer onboarding process, and the addition of group coaching, the gym is running like a top and Chris is finally paying himself a good salary.
To help you do the same thing, Chris will pull back the curtain and tell you exactly how he turned his business around to create the life he wants for his family.
1:16 - The structure and history of The L.A.B. Gym
16:22 - Rent, wages and scaling back
25:54 - Working with a mentor
33:34 - The steps to profitability
39:54 - Goal reviews and retention
49:34 - The value of mentorship and the future of The L.A.B.