Yesterday, I wrote that the best time to start a gym is NOW. But what if you already own a gym? What if you’ve made mistakes–with your pricing, with your location, with discounts…? The best time to fix them is now. NOW is the best time to grow your gym. Here’s why: 1. Mistakes Are Less Fatal Now Five years ago, one or two mistakes could have killed you. Now we have antidotes. If you priced your service too low in 2012, you were probably dead. You’d fall into the trap of more members paying less money. You would work crazy hours yourself. You’d coach new clients every single week because of a high churn rate. Then you’d stop getting new clients, and that would be it. Now, if you’ve made a horrible mistakes with pricing, we know the way back. We’ve done it hundreds of times with gym owners around the world. We can walk you through the process step by step, and support you all the way. Discounts? PIFs? Lifetime memberships? All poison, but now all treatable, thanks to experience and data. We’ve got the cure for the mumps, and now we’re working to vaccinate fitness entrepreneurs to avoid these problems. 2. The Marketing Problem Has Been Solved The top question fitness entrepreneurs asked in the 1970s was still the top question they asked 40 years later: “How do I get more clients?” Now, we’ve solved that problem. We teach the step-by-step process in the Incubator. It goes like this: Fix your retention problems first Sell a valuable service, at the right price, really well Help your current people more Help the people closest to them by getting referrals (in an un-slimy way) Help the people surrounding your best clients by knowing their problems and solving them Find the people who need you on digital platforms, and market to them effectively Track every step along the ...
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