Built To Grow

Profit Centers for Gyms - The 5 Questions I Ask

Informações:

Sinopsis

Adding more revenue streams sounds like the best way to grow your gym… but is it?Many gym owners fall into the trap of launching new services—supplements, nutrition programs, or specialty classes—before their core business is stable. Instead of boosting profits, this often leads to distraction, dilution, and ultimately, stagnation.In this episode, Tim and Randy break down the five key questions every gym owner should answer before adding a new profit center. They explain why more isn’t always better, share real-world mistakes gym owners have made, and reveal how focusing on one thing can lead to explosive growth.If you’ve ever wondered whether a new offering is the right move, this episode is for you. Learn how to filter out distractions, protect your business, and grow the smart way.Tune in now and start making better business decisions today!Key Takeaways: Intro (00:00)Adding new revenue streams too soon (01:09)Focusing on one core offering leads to exponential growth (02:40)The five key questions to evalua