The Fitness Marketing Agency Podcast Make Time And Money As A Fitness Entrepreneur
Dec 6, 2023
01:01:29
Meet Gareth Allen owner of Studio Twenty3 and FMA client of nearly 4 years. With a team of four full-time and two part-time employees, Studio Twenty3 is close to 150 members, all within Gareth's own commercial property - a smart move that speaks to the security and potential for future growth. Gareth’s ultimate goal - have time and money, not often you see people with both. Gareth shares insights into maintaining a high retention rate, the essentiality of knowing your numbers, and the significance of building a strong team. From transforming sales techniques to adopting the FMA technique for one-call closes, Gareth's journey is a blueprint for aspiring fitness entrepreneurs looking to build sustainable, thriving businesses without necessarily needing to be there in person. Tune in for this episode on business growth, financial literacy, and the unending game of fitness entrepreneurship. Key Takeaways:
- Path To Success: Gareth's journey emphasises the importance of staged growth, strategic marketing, and evolving business models.
- Visionary Leadership: Transitioning from day-to-day operations to visionary leadership is pivotal for long-term success.
- Growth Mindset: Grow with purpose; align expansion with clear goals rather than just for the sake of growth.
- Financial Acumen: Understanding the numbers is non-negotiable; avoid the rollercoaster by tracking finances diligently.
- Building A Good Team: Hire good people, you can’t teach someone to be a good person but you can teach skills to become a better trainer.