EPISODE · Feb 9, 2024 · 58 MIN
This gym owner makes $3M/yr 🤯
from Gym World Worldwide · host John Franklin
John Franklin (https://twitter.com/johnisbuilding?la...) and Mateo Lopez sat down with Joe Meglio (https://www.instagram.com/joemeglio567/?hl=en) from GameChanger Fitness (https://gamechangerfit.com/). Joe, who is on track to open 12 locations, shared the systems and processes that helped his small group personal training gyms reach $3M in revenue. P.S. If you like the 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://usekilo.com/gym-world/) so you don't miss out. Show Notes: (00:00) Introducing Joe (2:21) Starting his gym business (5:30) Evolving his business model (15:18) Expanding the gym business and unit economics (22:37) Branding a gym (25:12) Launching a new location and marketing strategies (31:54) Owning and running 7 gym locations (33:53) Staffing and compensation (38:19) Quality control and sales strategies at the gyms (43:41) John's $10k/mo business idea (45:51) Using social media to sell (48:42) The secret sauce to running a business (51:06) Services offered at the gym (52:57) Tracking and measuring success for coaches (57:18) Where to go if you want to find Joe
What this episode covers
John Franklin (https://twitter.com/johnisbuilding?la...) and Mateo Lopez sat down with Joe Meglio (https://www.instagram.com/joemeglio567/?hl=en) from GameChanger Fitness (https://gamechangerfit.com/). Joe, who is on track to open 12 locations, shared the systems and processes that helped his small group personal training gyms reach $3M in revenue. P.S. If you like the 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://usekilo.com/gym-world/) so you don't miss out. Show Notes: (00:00) Introducing Joe (2:21) Starting his gym business (5:30) Evolving his business model (15:18) Expanding the gym business and unit economics (22:37) Branding a gym (25:12) Launching a new location and marketing strategies (31:54) Owning and running 7 gym locations (33:53) Staffing and compensation (38:19) Quality control and sales strategies at the gyms (43:41) John's $10k/mo business idea (45:51) Using social media to sell (48:42) The secret sauce to running a business (51:06) Services offered at the gym (52:57) Tracking and measuring success for coaches (57:18) Where to go if you want to find Joe
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This gym owner makes $3M/yr 🤯
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