Run a Profitable Gym cover image

Run a Profitable Gym

Latest episodes

undefined
Nov 9, 2023 • 29min

Superhero-Sized Revenue: Secrets From Wolverine's Trainer

Steve Ramsbottom has worked with stars such as Hugh Jackman, Zac Efron and Jessica Alba, as well as Paralympic medalists and countless other professional athletes.The owner of Performance Institute in British Columbia, Canada, Steve is also one of Two-Brain’s revenue leaders for September 2023.  In this episode, Mike Warkentin sits down with Steve as he shares the secrets of his success—from how he ended up training some of the biggest stars in Hollywood to how he climbed the revenue leaderboard. When it comes to boosting profits, many gym owners talk about things like outreach and marketing. But Steve’s primary focus is building a culture of excellence for the clients and staff of his gym, and that’s had a tremendous effect on revenue and retention. Listen to learn Steve’s top tips for superhero-sized revenue, then take action to improve your numbers.  LinksGym Owners UnitedBook a Call0:46 - Working with stars9:50 - Memberships not sessions12:57 - Referral tunnel19:01 - Get to know your clients23:40 - Care for clients
undefined
Nov 6, 2023 • 25min

How to Take Your Gym From Good to Great

The best gym owners in the world share three things: They know their niche, they create a culture of discipline in their businesses, and they build and preserve momentum.Finding your niche allows you to become the best at what you do, which increases client value. Discipline ensures your gym consistently operates with excellence—whether you’re in the building or not. And momentum helps you make incremental gains every day so you’re always moving toward your larger goals.In today’s episode, Chris Cooper breaks each element down so you can take your gym from good to great. Great gyms get clients the results they want, create good careers for staff members, and pay their owners more than they could make working at another gym.You can’t take a shortcut to greatness, but you can take actionable steps today to start moving toward virtuosity in business. LinksBook a CallGym Owners United1:25 - Find Your niche4:22 - Your ARM10:56 - Frameworks and responsibility16:32 - Incremental gains
undefined
Nov 2, 2023 • 29min

Revenue Double-Up: How Eric Conner Did It Without Running Ads

Eric Conner is killing it. His gym grosses over US$50,000 a month in a really tough market just outside Los Angeles. Since 2016, he’s increased revenue by 100 percent. In 2022-2023 alone, he increased his gross by 20 percent. And he’s done it without running ads. Today, Eric has multiple staff members who are building careers at his gym while they're supported by benefit plans. And as CEO of a thriving business, Eric has time to branch into other areas, such as investing in real estate and mentoring other gym owners.In this episode of “Run a Profitable Gym,” Eric shares how he used multiple revenue streams and a mindset shift to transform his gym. According to Eric, the meteoric rise began when he decided to turn his hobby into a real business. One of his first moves: He started using Two-Brain’s Prescriptive Model, which is proven to increase revenue and improve retention. LinksLearn how to use the Prescriptive ModelGym Owners UnitedBook a Call0:43 - Growing in a tough market7:01 - The Prescriptive Model8:31 - Leadership skills13:47 - Other revenue streams25:33 - Call five clients
undefined
Oct 30, 2023 • 19min

Big, Sexy Gym Metrics: Our Revenue Leaderboard

How much money do the top gyms pull in each month? You’ll find out in this episode of “Run a Profitable Gym” as Chris Cooper runs through the Top 10 leaderboard for revenue in September 2023. Every gym on the leaderboard grossed more than US$49,000, and the top gym's number will leave you speechless. The stats are based on rolling three-month averages, meaning this is consistent, reliable revenue. After serving up the numbers, Chris shares tips from the top gym owners so you can replicate their financial success and transform your business. Some of the entrepreneurs generate a lot of revenue with very simple tactics—such as selling lots of personal training in addition to group memberships.And others have found success with creative tactics that include producing merch in house and hosting big competitions. What these gym owners all have in common: They produce big, sexy metrics supported by sound business fundamentals. Check out their tips, then take action to boost your revenue. LinksCompetitions at Your Gym Should Generate RevenueBook a CallGym Owners United0:49 - The Leaderboard Top 107:29 - Comments From Top Performers10:53 - Different Retail Tactics15:08 - Catalyst Story16:57 - Back to the Leaderboard
undefined
Oct 26, 2023 • 14min

"I Need Money!"—Top Tips for Year-End Revenue

It’s the end of the year, and you want to generate more revenue for your gym, but Black Friday deals and paid-in-full discounts will hurt you in the long run. So what can you do instead to boost profit?In today’s episode of “Run a Profitable Gym,” Chris Cooper shares five tried-and-tested revenue-generating tactics you can use to close out 2023.The tactics: retail presales, gift certificates, save-your spot promotions, bring-a-friend holiday parties and January kickstarts. Chris walks you through each one, telling you exactly what to do to generate cash.You can even get a free step-by-step guide in the Gym Owners United group. All you need to do is join and ask for it. LinksGet the guide: "Cash to Close out 2023"Book a Call1:04 - Retail presale3:22 - Gift certificates6:11 - Save your spot promotion8:15 - Bring-a-friend party10:18 - Kickstart specialty group
undefined
Oct 23, 2023 • 19min

The 2023 Black Friday Survival Guide for Gym Owners

Black Friday is coming, and it can be tempting for gym owners to slash their rates. But the best gyms in the world don’t offer discounts—and they don’t need to.In today’s episode, Chris Cooper explains why gym owners should avoid discounts—hint: they'll sink your business. Even better, he tells you exactly how to say no when people request a reduced rate. Instead of creating a Black Friday discount that hurts your business, you can increase the value of your service and close sales by offering bonuses. After all, added value beats a lower price when you're dealing with clients who are a perfect fit for your gym.Remember, your mission is to build value for clients, not weaken your foundation with discounts. LinksBook a CallGym Owners United1:11 - Don’t Have Sales4:52 - How to Say No to Discounts9:18 - Additional Advice11:14 - Ditch Discounts and Do This14:40 - Bonuses That Don’t Break the Bank
undefined
Oct 19, 2023 • 31min

How Chris Cooper Saved His Own Gym in 2023

Chris Cooper has helped thousands of gym owners improve their businesses—so what happened when he found problems at his own gym?You'll find out in this podcast.Lots of "experts" paint perfect pictures of their gyms—but true story is often different. Chris has always been open about the realities of his gym since he first started blogging about it in 2008. So, when he found problems had cropped up in 2023, he jumped in to fix them personally—and he's sharing the story with you.In this episode of "Run a Profitable Gym," Chris gives a detailed look at Catalyst’s absolute bottom level, then explains why he chose to fix his gym after considering selling it. To rebuild the business, Chris had to take off his hat as CEO of a worldwide mentorship company and go back to being a  hands-on gym owner.To start, he cut down to the bedrock to discover what was solid, what was salvageable and what needed to be rebuilt. Then, in the ultimate "stress test," he used Two-Brain Business templates—stuff he had actually created to help other fitness entrepreneurs—to revive his own gym.If your gym is in a rough patch, listen to Chris's story, then take action to improve your business. LinksBook a CallGym Owners United1:00 - Expected Dip3:45 - The Downturn13:54 - "I Had to Save It"21:23 - Building up Ops27:19 - Simplifying Things
undefined
Oct 16, 2023 • 34min

How to Break Down and Solve Every Problem in Your Gym

Breaking problems down allows you to gain traction and grow your gym instead of just feeling overwhelmed. And Two-Brain has helped thousands of gym owners around the world do just that. In this episode of “Run a Profitable Gym,” Chris Cooper breaks down three of the biggest problems facing gym owners: bad coaches or staff, not getting enough leads, and not making enough money. If you ever feel like no one at your gym can do it as well as you, then you’ve got a process problem or a people problem. But how do you figure out which it is?Or maybe your problem is that you aren’t getting enough leads. But are you sure that leads are really the problem? Try breaking down your funnel: Are leads converting? Do you need new copy?And you’ll learn how to confront the biggest challenge many gym owners face: “I’m just not making enough money.” Chris shows you how to break this problem down with an annual plan. You'll even get an exclusive look at Two-Brain’s goal-setting template so you can start down the path to a six-figure salary.LinksBook a CallGym Owners United02:00 - Bad Coach Example14:40 - Bad Leads Example23:08 - No Profit Example29:30 - Toolkit
undefined
Oct 12, 2023 • 27min

12-Week Wonder: "I've Gained More New Members Than I've Had in the Last 4 Years"

Stephanie Fowler of EMPOWERHOUSE Gym was struggling and couldn’t see a way out. She was torn between shutting her gym down or investing in Two-Brain mentorship.She chose to fix her gym, and she saw a massive return on her investment as she worked through our RampUp program for gym owners: Stephanie acquired a ton of new clients and finally paid herself a comfortable salary for the first time in years.In this episode, host Mike Warkentin sits down with Stephanie, who shares her experience working with a mentor to supercharge her gym. A few key changes to her business: creating an onboarding program and hiring a client success manager.With firm business foundations in place, Stephanie is now working toward her next goal: earning $100,000 a year from her gym.Stephanie’s advice to struggling gym owners who are considering mentorship? “Jump in.” Links"How to Bridge the Gap From Day Job to Fitness Entrepreneur"Book a CallGym Owners United0:28 - RampUp5:09 - Invest in Two-Brain12:37 - Onboarding17:33 - Client Success Manager21:05 - Next Steps
undefined
Oct 9, 2023 • 18min

The 3 Essential Business Skills Every Gym Owner Must Have

Fitness entrepreneurs need three skills if they’re going to be successful.In this episode, Chris Cooper explains how focus, "gain thinking" and virtuosity combine to create strong businesses that improve the health of entire communities.Rush from project to project without finishing anything and your gym’s growth will stall. Spend too much time thinking about where you should be and you won’t build any momentum. Ignore the basics and you’ll constantly find yourself correcting the same problems.The best part? These skills will help you run a better gym, but they’ll also help you in other aspects of your life. And if you branch out from gym ownership, they’ll allow you to find success in your new entrepreneurial ventures faster.LinksBook a CallGym Owners United1:29 - Skill 1: Focus4:46 - Skill 2: Gain thinking10:34 - Skill 3: Virtuosity

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode