How can you open your own successful gym? w/Alan Thrall

This episode is sponsored by The Great Courses Plus. For a limited time only, they are offering our listeners an entire Month for FREE! Check out the Entrepreneur’s Tool Kit. It’s a great fit for the topic of this episode. Start your free month trial today using our special URL: Thegreatcoursesplus.com/FACTS Episode Notes: Many of you have probably dreamed about being your own boss. Maybe even opening your own gym. We pose that question to a guy who’s done it…and succeeded. Mike shares his first experiences with starting businesses, and how opening a gym didn’t go as planned. Here are some additional factors we talked about: How much does location matter? Where are your members/clients going to come from, and how will you reach them? How broadly (or narrowly) should you be defining your target membership? What kinds of costs do you need to think about related to opening the business and the facility? What are you willing to risk in order to start a brick and mortar business like a gym? Can you afford to keep it going through the parts where you’re not making much – or maybe even any -- money? Alan Thrall joins us with his experienced take on this topic. Alan is the owner of Untamed Strength, a strongman/powerlifting gym in Sacramento, CA. He talks about starting without a real plan, and why you should probably have one. He also shares how his gym has grown and changed over the years, and the important things he’s learned. Our ideas start around from the beginning of the episode. Alan joins us around 14:08. You can find Alan on Instagram at @untamedstrength, on YouTube and at his website: trainuntamed.com  Hosted by Mike Farr (@silentmikke) and Jim McDonald (@thejimmcd). Produced by Jim McDonald Production assistance by Connor O’Neal (@connoroneal). Theme by Aaron Moore. Branding by Joseph Manzo.Become a supporter of this podcast: https://www.spreaker.com/podcast/50-facts--5538735/support.