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How To Beat The Knockoffs

“I have a new F45 gym in my neighborhood. And I hear there’s an Orange Theory opening up soon, too. How can I possibly compete against these guys?”   Big chains are very good at selling group fitness. They’ve taken the CrossFit group model, built a solid system and brand around it, and they’re selling it in your neighborhood. They’re probably selling it for more than you are. They’re probably paying their coaches less. They probably have less equipment and space, but cleaner floors and nice bathrooms. They’ve commoditized intensity, and they’re better at business than you are.   How do you compete? You don’t. Here’s how to build a business that benefits from The Knockoffs, instead of trying to put them out of business:   Sell coaching, not choreography. Coach people 1:1 in your classes. Coach people 1:1 in a private setting. Coach people between classes with goal review sessions. Coach your clients in your private Facebook group. Consider yourself the umbrella: prescribe exercise, nutrition and lifestyle to your clients. Imagine yourself saying, “Based on your goals, I recommend three HIIT workouts per week, and one slower, easier day on your bicycle. We’re going to eat 16 Zone blocks per day for the summer, and we’ll reconfigure for the fall. I want you to finish these three books before September when we meet again.” That seems simple, right? But a truly evolved coach could follow that question with this one: “Where would you like to do the HIIT component of your program? You can do it here with me, or you can do it at Orange Theory. I have a contact there who can set you up.” Could you still make money by sending people to Orange Theory? Well, you tell people to ride their bikes, right? And you don’t sell bikes. You don’t have to own every piece of their prescription to get paid as their coach. Consider ...
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Episode 130: Increasing Client Value

 
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Episode 129: Taking Action, with Jay Williams

 
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Founder Kids: a Two-Brain Radio BONUS Episode

 
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The Four Phases of Entrepreneurship

From the book, “Founder, Farmer, Tinker, Thief” by Chris Cooper I’ve been a mentor for years. We currently have over 420 entrepreneurs in the TwoBrain family; over 2,000 have done a free call with me in person; and 20,000 purchased my first book, Two-Brain Business. Every single entrepreneur needs a 1:1 mentor, because no two businesses are identical. But entrepreneurs generally fall into four broad categories: Founder, Farmer, Tinker and Thief. We call these the Four Phases of Entrepreneurship. Which phase are you in? You can take the test here: www.twobrain.com/test Your phase isn’t determined by longevity. It’s determined by your profitability; your systems; your team; and your growth as a leader. Founders need different marketing strategies, branding and income than Farmers do. And Tinkers have completely different challenges. Every entrepreneur needs a mentor. And that mentor should offer education, advice and inspiration that’s specific to the entrepreneur’s needs RIGHT NOW. In the Founder phase, the entrepreneur leaps off the cliff with his big idea. His goal is simple: to survive. He opens his business. He buys his equipment and supplies. He signs the lease, the loan, and the letter of intent. He flips the open sign on the door. Then what? The Founder’s big idea might leverage a better life, but his labor is the fulcrum. And that’s understood by the Founder, who embraces the romantic ideal of the entrepreneur: poring over the books at midnight, a trace smear of flour or gym chalk on his tired face, pondering the next step up the ladder to success. #hustle #grind The Founder phase takes a heavy toll — physically exhausting, financially terrifying, and the largest strain on every personal relationship the Founder has. My job as mentor is to get the Founder out of the Founder phase as quickly as possible. Many businesses never survive this phase. The Farmer phase starts when the entrepreneur begins the shift from self-employed to ...
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Episode 128: Jason Rule of Driven Nutrition

 
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