Alloy Personal Training Business

Rick Mayo
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Mar 8, 2023 • 49min

How Dr. David Jolson Pairs Alloy to His Performance Clinic

In this episode, Rick speaks with Dr. David Jolson about why he chose to bring 3 Alloy locations to Greenville, SC, and how he sees the pairing of the clinic and Alloy as the perfect marriage.He also shares the secret behind his strong presales. Anybody who has gone through a presale will be amazed by the fact that he has spent $0 so far. Three weeks in, he has secured almost 100 members without spending anything.Essentially, he is reaping the trust and reputation he has built in his community with his performance clinic over the years. This makes it easy for him to get people to sign up for fitness because they trust him.Dr. Jolson is a consummate entrepreneur and shares his strategies for running a profitable clinic, building trust in his market, and connecting his patients to his Alloy locations.You’ll love his story!Key Takeaways- Dr. Jolson’s background (00:00)- The biggest challenge in musculoskeletal medicine (04:32)- What was it about Alloy that matched up with Dr. Jolson’s business model (08:19)- How franchising can be a problem when you’re an entrepreneur (14:11)- The importance of having a growth mindset in business (19:05)- What’s the secret to David’s success (22:56)- The importance of keeping things simple (27:37)- The importance of trust in your business (31:42)- How to get people from the chiropractic clinic to the fitness clinic (36:07)- David’s hedgehog concept and the financial measure of success (42:11)- The more systems you have in place; the more freedom you’ll have (46:36)Additional Resources:Connect with Dr. David JolsonInstagram: - @upstatespine- @alloyupstate- email: dj@upstatess.com------ Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Mar 1, 2023 • 26min

Casey Kelly- Defining Semi-Absentee Ownership

When many people think of being a semi-absentee franchise owner, they often don’t have a realistic expectation of the time and involvement they’ll have with the business. As a semi-absentee franchise owner, you might not be involved in the day-to-day operations of your business, but you are ultimately responsible for anything that happens, both good and bad.Our guest today, Casey Kelly, one of the earliest franchisees of Alloy, knows this too well. He encountered a few hiccups early on but quickly steadied the ship by being more involved.One of his pieces of advice for people looking at being semi-absentee owners is to take time to find and hire the right team. If you get this right, you are one step towards success.Tune in to hear Casey’s journey and the lessons he has picked along the way!Key Takeaways- Casey’s journey to owning an Alloy (01:06)- What semi-absentee franchisee ownership entails (05:36)- Finding the right operator (07:34)- The life of an entrepreneur (10:24)- Realistic expectations of time you’ll spend (13:53)- Why you need a bigger vision as an entrepreneur (20:39)- The key to success as a semi-absentee franchisee (24:43)Additional Resources:- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Feb 22, 2023 • 21min

The Six Stages of Franchise Relationships

Franchising is a unique business model where entrepreneurs own their own businesses while still adhering to the guidelines set by the franchisor. It can be a rewarding business model for both franchisor and franchisee, but it requires a deep understanding of the unique relationship between them.In his book The Franchise E Factor, Greg Nathan, an Australian author, outlines 6 stages of franchise relationships.While not all franchisees may experience these stages in a linear fashion, both franchisor and franchisee need to understand what they entail.Understanding these stages can help both franchisor and franchisee set realistic expectations and navigate challenges that may arise. By acknowledging that these stages are a normal part of the process, both parties can work together to overcome obstacles and achieve success.Tune in as Matt and Rick go through the 6 stages in detail.Key Takeaways- The Glee Stage (05:58)- The Fee Stage (07:41)- The Me Stage (10:50)- The Free Stage (12:03)- The See Stage (13:19)- The We Stage (15:28)Additional Resources:The Franchise E-factor: A Franchisors Guide to Managing the Franchise Relationship------ Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Feb 15, 2023 • 40min

Wes Barefoot Reveals the Character Traits of a Successful Franchisee

Investing in a franchise offers access to a successful system, along with training and support; however, the franchise owner's individual level of success is ultimately dependent on how much they put into it.Not everyone is cut out to be a franchisee, but those who are able to attain success often share many of the same character traits.As obvious as it may sound, one of the character traits is the ability to follow a system. This sounds simple enough, but you'd be surprised how many people struggle to do it.In this episode, Rick is joined by Wes Barefoot, a Franchoice consultant, and a two-brand franchisee, to discuss  the most important character traits to achieve success as a franchisee.Stay tuned!Key Takeaways- What makes a good franchisee (02:23)- Why you need to have realistic expectations (04:05)- The bike analogy (06:12)- It's not the franchisor's responsibility to make you successful (18:56)- Follow the system (20:57)- Participate and collaborate with others in the team (28:25)- Give the business the commitment it deserves (34:00) Additional Resources:Connect with Wes Barefoot:-Path to Freedom- LinkedIn- Podcast------ Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Feb 8, 2023 • 34min

10 Stoic Tenets That Will Improve Your Business

We have always found great wisdom and lessons from the stoics of a long time ago that remain relevant today.Some of these stoic tenets cross over to the business world.In this episode, Rick and Matt go through the diaries of Marcus Aurelius, a Roman empire widely regarded as one of the greatest stoics for some of his teachings that will improve you and your business.His writings, which he did for himself at the time, have been applied today to teach important life and business lessons.If you want to keep succeeding in business, you have to continually develop yourself first, which is what stoicism is all about.Tune in for 10 tenets from the stoics that hopefully will help you improve your life.Key Takeaways- Focus on what you can control (05:57)- You can’t learn what you think you already know (09:12)- Be tolerant of others and strict with yourself (11:20)- Associate only with people who improve you (13:50)- The greatest remedy for anger is delay (16:35)- Never be heard complaining even to yourself (18:08)- Think progress, not perfection (20:37)- The obstacle is the way (22:43)- Don’t be ashamed of needing help (27:07)- Build a life you don’t need an escape from (29:39)Additional Resources:- The Daily Stoic - Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts! 
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Feb 1, 2023 • 35min

Implementing EOS

We recently deployed an Entrepreneurial Operating System (EOS) at our corporate offices. For those who've read the book Traction, this is the system on which the book is based.A lot of great businesses use EOS to keep track of the team's progress and increase productivity. It is a framework for accountability and, ultimately, how to structure your business.EOS helps to build a better leadership team, strengthen individual accountability, and achieve greater clarity, traction, and results. By consistently monitoring their team's progress and goals, leaders can make better decisions and grow their businesses.When implemented fully, an EOS provides a reliable framework for running productive meetings, setting agendas, tracking to-do lists, and tracking responsibilities.It is a great system of running a business where everybody is held accountable respectfully and gracefully, which we believe will be of great value to us.Tune in to learn more about this system and how it fits into a fitness business.Key Takeaways- Why we implemented an Entrepreneurial Operating System (EOS) (03:40)- What an EOS does? (08:45)- The overall structure of an EOS (10:24)- How meetings are run with an EOS (15:19)- Increasing the team's productivity with an EOS (20:14)- How to apply EOS to a small fitness team (26:59)- Giving your team tools to learn to be entrepreneurs (30:52)Additional Resources:- TRACTION: GET A GRIP ON YOUR BUSINESS Book- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Jan 25, 2023 • 16min

The Hedgehog Concept

There's an old Greek parable that says the fox knows a lot of things, but the hedgehog knows one big thing. Foxes are cunning and got lots of ideas to try and get the hedgehog, but the hedgehog does one thing really well. It rolls into an armored ball with spikes on it, nothing can get it, and it does it every time. It always works.Applying this concept in entrepreneurship is essentially identifying the one thing you can be good at and doing it consistently.However, it is not as easy as it sounds, especially in the current spirit of entrepreneurship portrayed in social media. Everybody seems to be advocating for multiple streams of income.This is a terrible idea because, more often than not, you'll end up with half-baked ideas.You will likely succeed if you focus on one thing, do it well, and do it for a long time. Everything else is a distraction.Tune in to learn more about the Hedgehog Concept and how to apply it in your business Key Takeaways- The hedgehog's only big thing (03:03)- Identifying the one thing you can be good at (03:42)- Walgreens vs. Eckerd drugs case study (04:28)- Three circles of the Hedgehog Concept (08:24)- Delivering on your value proposition (10:36)- Simplicity is key to success (13:28)Additional Resources:- Good to Great: Why Some Companies Make the Leap and Others Don't book ----- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Jan 18, 2023 • 17min

2023 Recession Investing Advice – Should You Invest in a Fitness Franchise?

Depending on whom you ask, we are already in a recession, or it's just around the corner. But there's little doubt that a recession will hit us at some point in 2023.Many fitness entrepreneurs and those looking to invest in this industry are asking whether it's safe to invest during a recession.The answer, as always, is it depends.For Alloy Personal Training, we have been in business for more than 30 years and what we've seen is actually that our business does well during recessions. Having gone through the economic downturn of 9/11 and the 2008/9 recession, we can say our model is recession-proof.The simple reason is that our avatar client, who holds about 70% of our country's disposable income, is not as affected by the recession as other segments of the population.Our target clients have a great willingness and financial wherewithal to commit to their fitness, regardless of the economy. Fitness is an integral part of their lives.This is not the case for other fitness concepts, which might fold during difficult times.In this episode, Rick and Kimberley Daly offer some wisdom to those considering investing in fitness franchise businesses in 2023.Key Takeaways- Investing in fitness during a recession (00:26)- The psychology of premium fitness concepts (03:14)- You can't control the economy (06:25)- What makes the alloy personal training fitness model different (09:19)- How Alloy beats the competition (13:02)Additional Resources:- Kimberley Daly's LinkedIn and Youtube Channel ------ Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Jan 11, 2023 • 38min

Pearls of Wisdom from Meg Schmitz

In this episode, Rick interviews serial entrepreneur and franchise consultant Meg Schmitz. Meg has a unique background and a great lens on risk tolerance and success.Meg has been nicknamed the franchise guru and the franchise fashionista by, among others, The Wall Street Journal. She helps people looking for franchise opportunities connect with a franchisor that’s the right fit for them.A franchise consultant plays a huge role in preparing candidates and introducing them to the franchisor professionally.They also address any questions, concerns, or doubts you may have about entrepreneurship before you jump into the ‘lily pad.’Tune in to hear Meg’s story and her unique perspective on business, franchising, and life.Key Takeaways- Who is Meg Schmitz (01:39)- The role of a franchised consultant (10:54)- Biggest obstacles for franchisees (26:31)- Don’t go from a warrior to a worrier (27:51)- The top misconceptions about franchising (34:02)- Trust your gut (35:22)Additional Resources:- Text Meg Schmitz: 847-302-2601 - Website - Instagram----- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
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Jan 4, 2023 • 26min

The Perks of Owning an Alloy Personal Training Franchise

In this episode, Rick and Matt discuss the main perks of owning an Alloy Personal Training franchise over other franchises. Alloy offers a ton of perks that very few, if any, franchises offer to help our franchisees have the best chance for success.One of the fears new franchisees have, especially those coming from employment, is losing benefits such as their health insurance or 401k. Here at Alloy, we offer all our franchisees a full suite of benefits so that they don’t worry about that.  Another major perk of becoming an Alloy franchisee is we help people become entrepreneurs. We want franchise owners to feel confident as they operate and thrive in their own Alloy fitness centers.But these are not the only perks we offer; we care deeply about our franchisees and their well-being, and that’s why we have a whole suite of perks no other franchises offer. (We are sure about this)Tune in to learn more about them. Key Takeaways- Why the Alloy Franchise stands out (04:10)- PEO services to our franchisees (06:39)- We help you become an entrepreneur (07:49)- Discounts from all our Alloy vendors (12:35)- Our sales hit team (17:38)- Our 31 years of experience in business (20:48)- Our customer avatar (22:15)- We do good by supporting great causes (22:50)Additional Resources:- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts! 

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