105: Special Episode - The Coronavirus

In this episode, Tim and Randy will talk about the recent shutdown of businesses all over the US, including gyms, and how scary a time it is for gym owners. They have personally been affected and their clients have been affected too, which means they won’t be in business until it’s announced that businesses can re-open. Tim predicts that 25% of gyms will not make it out of the shutdown because right now it all boils down to whether gym owners will be able to adapt and sustain their businesses. The government has promised financial assistance to business owners but that always takes too long, so it’s really not offering much hope. In the Built to Grow spirit of helping gym owners win, Tim and Randy will share some of the things themselves and their clients are doing to sustain their gyms so they can help you adapt with your gym. Adapting is the only way a gym will come out strong on the backside of this Coronavirus shutdown, so stay tuned for more, go adapt and stay safe.Key Takeaways:The shutting down of businesses including gyms (00:33)How to adapt and survive through the tough time ahead (03:15)Avoiding cancellations and keeping the revenue on by going online (04:35)How to do live Zoom workouts (06:53)You have to protect your tribe by being transparent with them (09:43)How to do everything possible for your gym to survive (13:14)This is not a vacation. Go faster and harder (19:05)It’s possible to prosper and grow even during this time (24:35)The importance of being conscious about the huge economic impact the shutdown will have (27:23)Out of every situation, there's always an opportunity (29:19)Additional Resources:www.Trainerize.comwww.CLACourse.comwww.ProFitGPS.netMarketing Talk with Fitness Professionals Facebook Grouphttps://PFMarketingSolutions.com/Datawww.PFMarketingSolutions.com/Automationwww.ProfitGPS.comwww.PFMarketingSolutions.com/Call--If you are interested in a free audit for your gym, visit http://bit.ly/free_gym_audit--You can find out more about Tim and the strategies covered in this episode by checking out our website.--Would you rather watch the video version instead?Head over to our YouTube channel to watch this episode by going here--If you don’t already have my book, get your copy FREE here.--Connect with Tim:Schedule A CallFacebookInstagramLinkedInConnect with Randy:FacebookInstagram--Subscribe to the podcast on Apple, Spotify, Google, Stitcher, YouTube or anywhere else you listen to your podcasts.If you haven't already, please rate and review the podcast on Apple Podcasts!