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How to Make Money in the Gym Industry
Brad: I started a supplement company, Prestige Labs, because all the gyms, I sold supplements a ton at my gyms. But there was a ton of problems with how the traditional model set up and so we made a zero inventory model for the gyms or the POS that worked integrated into their backends. We now have 3,100 gyms that purchased that $16,000 program across 14 countries, over 2,500 in the US alone. It's just kind of just recently hit a hockey stick. And it's getting a lot of traction because we spent so much time on this thing. Brad: The hardest type of business to run is running a SaaS