Mark Bell's Powercast

How can you open your own successful gym? w/Alan Thrall

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Sinopsis

This episode is sponsored by The Great Courses Plus. For a limited time only, they are offering our listeners an entire Month for FREE! Check out the Entrepreneur’s Tool Kit. It’s a great fit for the topic of this episode. Start your free month trial today using our special URL: Thegreatcoursesplus.com/FACTS Episode Notes: Many of you have probably dreamed about being your own boss. Maybe even opening your own gym. We pose that question to a guy who’s done it…and succeeded. Mike shares his first experiences with starting businesses, and how opening a gym didn’t go as planned. Here are some additional factors we talked about: How much does location matter? Where are your members/clients going to come from, and how will you reach them? How broadly (or narrowly) should you be defining your target membership? What kinds of costs do you need to think about related to opening the business and the facility? What are you willing to risk in order to start a brick and mortar business like a gym? Can you afford to kee