If running a successful fitness business was straightforward
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Weโd all have plenty of money & the nation’s fitness wouldnโt be in this mess
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Unfortunately, there is this one business killer
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That many of us, myself included, have fallen victim to
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When I got this wrong, not only did it almost kill my fitness business
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But it hit me incredibly hard in the pocket
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I had to put my own money in to keep the business afloat & even pay the staff ๐ฐ
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Not exactly the dream I had been sold on the PT course ๐คฃ
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So what is this business killerโฆ
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As we get closer to the launch of the brand new FitPro Growth System next month
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Itโs now time to put all the trainings, downloads, worksheets & more together
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And week 1 had to identify the elephant in the room ๐ซฃ
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The biggest business killer by far is your business model & pricing
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Here is the FitHub30 example
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Our total costs were roughly ยฃ15k per month; this covered everything including my wages, tax & VAT
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Plus me out of the business
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& when this business killer was literally punching me in the face
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We were charging ยฃ50pm ๐ญ
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Meaning we needed a minimum of 300 paying monthlyโฆ
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but our session sizes could only accommodate 10 per session
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Like I saidโฆ the biggest business killer out there is having the wrong business model/pricing
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And as you know, we were able to change it all around, having the business run without me, eventually selling in 2023
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This is why the very first training inside the FitPro Growth System is on Business Model & Pricing
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Honestly, the FitPro Growth System is going to be a game changer for so many studios, gyms & Bootcamp owners
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Anyway, back to recording these trainings ๐ซก
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You got this ๐ช
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David ๐