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This podcast discusses the reasons and benefits of opening additional locations for microgyms, cautioning against blindly jumping on opportunities and emphasizing realistic assessment. It also explores options for exiting a micro gym, including becoming a shareholder or using joint ventures, and emphasizes the importance of a well-established current business before expanding.
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Quick takeaways
- Micro Gym University provides micro gym owners with essential business strategies to become self-reliant owners.
- Opening a second location can serve as proof of concept for franchising or provide career growth opportunities for staff.
Deep dives
Working Smart for Business Success
Many micro gym owners work hard but lack the business background and problem-solving mindset necessary for success. Micro Gym University provides micro gym owners with access to essential business strategies, tactics, and principles to upgrade their business IQ and become self-reliant owners. The platform offers over 75 hours of courses covering various topics, from client acquisition systems to HR management. By working smart and implementing competent and strategic strategies, micro gym owners can achieve the level of success they desire.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode