Ep 41 | Investing in Staff

Investing in Staff. There are a hundreds of compensation models available to business owners - and probably even more for gym owners. Regardless of where you are today, there are two things I want you to remember: Don't compare yourself to anyone else Sure, there are gyms that claim to pay their janitor more than you're making but, chances are, these are exaggerations or 1-off exceptions. Opportunity, hope, entrepreneurialism, vision, leadership, giving back to a community, education & development are all just as motivating as cash. Be a strong, caring leader first & compensation will follow. We'll discuss many options, their pro's and cons, but each will be framed by the above. Here's a break-down: -Swapping for Membership -Paying Per Class -Specialty Classes & Personal Training -Paying for Space -4/9ths -Paying for extra duties dubbed "Building Block" Model on-air. -Per Head Pay Here's the deal: Each of these models is only as effective as the leader implementing them. Don't get overwhelmed by all your options. Your focus is people & helping your employees build their perfect day.