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John Franklin (https://twitter.com/JohnIsBuilding), Mateo Lopez, and Mark Fisher (@markfisherhumanbeing ) sat down with Rick Mayo (https://www.rickmayo.com/), the CEO of Alloy Personal Training, to talk about simple business model that more gym owners are using to scale multiple successful locations.
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Show notes:
(00:00) Introducing Rick Mayo and why Mark loves the model
(5:24) What is Alloy?
(8:17) How many employees are needed at a location?
(9:27) Why the language you use matters
(12:15) What does the programming look like?
(18:53) The importance of how you position services
(27:00) Sponsor message: Run a successful gym with Kilo (visit https://usekilo.com/)
(30:23) Running the only small group personal training franchise
(36:16) The economics of a good location
(37:27) Finding the perfect location
(39:52) Discussing Alloy's marketing strategy
(48:59) What Mark looked for to find the right location
(54:20) Rick discusses pricing anchors
(57:43) The importance of brand design
(1:06:22) Who makes an ideal franchisor?
(1:09:07) Where to go to find Rick and Alloy