The Game with Alex Hormozi

How To Make Money With A Gym [Listen to this First]| Ep 4

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Jul 9, 2017
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INSIGHT

Gym Growth Max Equation

  • A gym's maximum membership can be mathematically predicted using three factors: cold traffic, warm traffic, and attrition percentage.
  • Understanding these helps gyms optimize growth and retention strategies effectively.
INSIGHT

Doubling Signups vs Halving Attrition

  • Doubling signups or halving attrition leads to the same dramatic gym growth effect.
  • Halving attrition is usually cheaper and more impactful than doubling new signups.
ADVICE

Cut Attrition To Save Costs

  • Focus on reducing gym member attrition because it costs less than acquiring new members.
  • Simple retention efforts like personal calls and small gestures greatly reduce attrition.
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