Gym owner makes $1.9M from a shared space

John Franklin (⁠https://twitter.com/JohnIsBuilding)⁠, Mateo Lopez, and Mark Fisher (https://www.youtube.com/channel/UCpI_I0QUkOsTOVi-HYS-y1g) sat down with James Pratt from Pratt Personal Training (https://www.instagram.com/prattpersonaltraining/) to talk about how his small group training facility is on track to make $1.9M from a shared space. P.S. If you like our show, then you'll love the Gym World newsletter. Every Friday, John Franklin breaks down the possibilities of making money in the fitness industry. Subscribe here (https://blog.johnisbuilding.com/subsc...) so you don't miss out! Show notes: (2:20) What is Pratt Personal Training? (5:16) How James got started with personal training (9:01) How sharing a space with another facility works (12:32) How much does the gym rent cost? (15:18) Growing the business organically and lessons learned (21:57) Why believing in yourself and having confidence as a coach matters (28:21) Discussing CrossFit affiliates and approaches to business (33:54) What was James's hiring process? (39:29) What James would have done differently in his business (48:44) A common mistake gym owners make (54:12) James's advice to gym owners