The Wealthy Gym Owners podcast

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تمت الإضافة منذ thirty-one أسبوع

المحتوى المقدم من Pat Rigsby and Paul Routon Jr. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Pat Rigsby and Paul Routon Jr أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

The Big Pitch with Jimmy Carr

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Phil Wang Pitches Psychological Thriller Starring WHO?! 24:35

منذ 13 يومًا24:35

التشغيل لاحقا

قوائم

إعجاب

احب

24:35

It’s the very first episode of The Big Pitch with Jimmy Carr and our first guest is Phil Wang! And Phil’s subgenre is…This Place is Evil. We’re talking psychological torture, we’re talking gory death scenes, we’re talking Lorraine Kelly?! The Big Pitch with Jimmy Carr is a brand new comedy podcast where each week a different celebrity guest pitches an idea for a film based on one of the SUPER niche sub-genres on Netflix. From ‘Steamy Crime Movies from the 1970s’ to ‘Australian Dysfunctional Family Comedies Starring A Strong Female Lead’, our celebrity guests will pitch their wacky plot, their dream cast, the marketing stunts, and everything in between. By the end of every episode, Jimmy Carr, Comedian by night / “Netflix Executive” by day, will decide whether the pitch is greenlit or condemned to development hell! Listen on all podcast platforms and watch on the Netflix Is A Joke YouTube Channel . The Big Pitch is a co-production by Netflix and BBC Studios Audio. Jimmy Carr is an award-winning stand-up comedian and writer, touring his brand-new show JIMMY CARR: LAUGHS FUNNY throughout the USA from May to November this year, as well as across the UK and Europe, before hitting Australia and New Zealand in early 2026. All info and tickets for the tour are available at JIMMYCARR.COM Production Coordinator: Becky Carewe-Jeffries Production Manager: Mabel Finnegan-Wright Editor: Stuart Reid Producer: Pete Strauss Executive Producer: Richard Morris Executive Producers for Netflix: Kathryn Huyghue, Erica Brady, and David Markowitz Set Design: Helen Coyston Studios: Tower Bridge Studios Make Up: Samantha Coughlan Cameras: Daniel Spencer Sound: Charlie Emery Branding: Tim Lane Photography: James Hole…

The Wealthy Gym Owners Podcast

منزل السلاسل•Feed

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.

31 حلقات

The Wealthy Gym Owners Podcast

updated منذ 12 يومًا

منزل السلاسل•Feed

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.

31 حلقات

كل الحلقات

1
WGO - EP 31 - What to Look for When Hiring 15:18

منذ 12 يومًا15:18

15:18

Mastering Gym Hiring: Key Steps for Success | The Wealthy Gym Owners In this episode of The Wealthy Gym Owners, Doug and Pat dive into the essential steps for hiring the right people for your gym. They break down their effective four-step hiring process, starting with creating a compelling job offer and moving through phone interviews, in-person meetings, and finally, extending the job offer. Doug shares valuable tips on what to look for in a candidate, including timeliness, energy, and personality. They also discuss the importance of building a complementary team and the need for realistic expectations from employees. This is a must-watch episode for gym owners looking to scale their business successfully. 00:00 Introduction to Hiring for Gym Owners 00:29 Step 1: Creating a Compelling Job Offer 01:16 Step 2: Conducting Effective Phone Interviews 03:27 Step 3: In-Person Interviews and Evaluations 03:42 Step 4: Making the Job Offer 04:05 Adapting to the Changing Job Market 05:42 Building a Complementary Team 08:56 Shifting Responsibilities: Owners vs. Employees 13:01 Final Tips and Conclusion…

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WGO - EP 30 - Debt and Taxes in Your Business 12:34

منذ 19 يومًا12:34

12:34

Tax Strategies and Debt Management for Gym Owners In this episode of 'The Wealthy Gym Owners,' Doug and Pat dive into critical financial topics essential for gym owners. They discuss effective tax strategies versus tax preparation, emphasizing the importance of proactive tax planning. Doug shares personal anecdotes and tips on how to reduce tax liability, highlighting the benefits of structuring as an S corp and utilizing retirement accounts. The episode also covers practical steps for managing gym debt, such as understanding revenue and expenses, conducting expense audits, and using automated double payments to accelerate debt repayment. These strategies are aimed at helping gym owners achieve financial stability and growth. 00:00 Introduction to Financial Strategies for Gym Owners 00:58 Understanding Tax Strategy vs. Tax Preparation 01:41 Proactive Tax Planning Tips 04:10 Structuring Your Business for Tax Efficiency 05:15 Retirement Planning for Gym Owners 06:38 Transition to Debt Management 07:13 Strategies for Paying Down Gym Debt 08:45 Expense Auditing for Financial Health 10:13 Automating Debt Repayment 12:00 Conclusion and Final Thoughts…

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WGO - EP 29 - Lessons Learned from a Grand Opening 20:41

منذ 26 يومًا20:41

20:41

Lessons Learned from a Grand Opening | The Wealthy Gym Owners Hey everyone! Pat and Doug here with another exciting episode of The Wealthy Gym Owners podcast! In this episode, Doug dives into the lessons he's learned from his current grand opening experience. Whether you're prepping for your own grand opening or looking to scale up your gym, these insights are gold! Doug discusses the importance of managing expectations around timelines, the challenges of hiring staff for a facility that's not yet open, the often overlooked costs of equipment and flooring, and the power of effective marketing strategies like sweepstakes and giveaways. Tune in for valuable takeaways that can help you at any stage of your gym owner's journey! 00:00 Introduction: Lessons from a Grand Opening 01:02 Lesson 1: Embracing the Unexpected 03:58 Lesson 2: Navigating Hiring Challenges 09:44 Lesson 3: Managing Costs and Negotiations 14:18 Lesson 4: Effective Marketing Strategies 19:13 Conclusion: Key Takeaways and Final Thoughts…

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WGO - EP 28 - DIY vs Done For You 20:24

منذ 5 weeks20:24

20:24

Understanding the 'Do It Yourself', 'Done With You', and 'Done For You' Models in Gym Marketing In this episode of 'The Wealthy Gym Miners,' Pat and Doug dive deep into the pros and cons of three primary approaches to gym marketing: 'Do It Yourself,' 'Done With You,' and 'Done For You.' They discuss the importance of aligning your marketing strategy with your strengths and preferences, the evolution of marketing in the fitness industry, and share practical tips on how gym owners at various revenue levels can successfully implement these models. Doug also shares his hands-on experience with a grand opening, emphasizing the effectiveness of grassroots efforts coupled with professional ad management to maximize ROI. Whether you're a new gym owner or looking to scale, this episode offers valuable insights on how to optimize your marketing efforts for growth. 00:00 Introduction to Done For You, Done With You, and Do It Yourself 00:22 The Shift in Entrepreneurial Mindset 01:34 Marketing Evolution in the Fitness Industry 04:30 Exploring Do It Yourself Strategies 05:46 The Done With You Approach 07:04 Advantages of Done For You Services 14:54 Balancing Grassroots and Paid Advertising 19:30 Conclusion and Final Thoughts…

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WGO - EP 27 - Luke's Path to a 7-Figure Gym 21:20

منذ 6 weeks21:20

21:20

From Independent Contractor to Seven-Figure Success: Luke Sullivan's Journey In this episode of The Wealthy Gym Owner Show, host Pat Rigsby features Luke Sullivan, a former small gym owner who has transformed his business from making $13,000 a month to approaching a seven-figure business. Luke shares his journey of switching from an independent contractor model to employing staff, and the bumps and challenges along the way. Key strategies, mindset shifts, and the impact of joining Virtual Fitness Mastermind and IBA and Boardroom are discussed. Additionally, Luke talks about how these improvements have positively affected his personal life and provides advice for other struggling gym owners looking to achieve similar success. 00:00 Introduction and Guest Welcome 00:55 Luke's Early Gym Days 02:20 Transition to Employee Model 03:37 Challenges and Setbacks 05:20 Turning Point and Growth 09:17 Implementing Systems and Leveraging 10:49 Mindset Shifts and Success 14:39 Impact on Personal Life 18:04 Advice for Struggling Gym Owners 20:39 Conclusion and Contact Information…

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WGO - EP 26 - Branding for Wealth 21:01

منذ 7 weeks21:01

21:01

Mastering Gym Branding: Strategies for Building Trust and Client Engagement In this episode of The Wealthy Gym Owners, Pat and Doug dive deep into the concept of branding and its crucial role in the fitness industry. Pat explains that successful branding goes beyond colors and fonts; it encompasses the reputation and story perceived by potential clients. He outlines a three-part strategy for enhancing a gym’s brand: creating relevant content, providing experiential interactions, and maintaining a strong reputation through testimonials and reviews. Pat shares valuable insights on the importance of bingeable content and incentivizing engagement, offering practical tactics for gym owners to convert prospects faster. The discussion also includes real-life success stories and systematic frameworks for implementing these branding strategies effectively. 00:00 Introduction and Overview 00:27 Defining Branding in the Fitness Industry 00:57 Improving Your Brand: The Starting Point 01:42 The Three Pillars of Branding 03:45 The Power of Content in Branding 07:51 Creating Bingeable Content 11:10 Engaging and Incentivizing Potential Clients 15:38 Building a Framework for Brand Engagement 19:36 Competing with Big Brands 20:51 Conclusion and Final Thoughts…

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WGO - EP 25 - The Road From Free Trials to Members 22:17

منذ 8 weeks22:17

22:17

Converting Trials into Long-Term Gym Clients: Strategies and Techniques In this episode of Wealthy Gym Owners, Doug and Pat delve into the critical process of converting trial participants into long-term gym members. Doug discusses the importance of having structured front-end offers or trials and differentiates between evergreen and deadline-driven trials. They explore weekly check-in strategies, the concept of the Godfather offer, and the essential steps in maintaining contact with non-converted trials. The discussion also emphasizes the value of clear, personal communication and assuming success in future interactions to increase conversion rates. Listeners will gain valuable insights into optimizing trial conversions without significant additional effort or marketing expenditure. 00:00 Introduction to Converting Trials into Clients 00:38 The Importance of Front End Offers 02:25 Types of Trials: Evergreen vs. Deadline Driven 07:34 The Godfather Offer: Converting Trials to Memberships 11:57 Weekly Check-ins and Conversion Strategies 14:19 Handling Non-Conversions and Alumni Engagement 17:51 Final Tips and Conclusion…

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WGO - EP 24 - Getting Team Members on the Same Page 15:05

منذ 9 weeks15:05

15:05

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WGO - EP 23 - Doug is Back in the Gym Business 19:52

منذ 10 weeks19:52

19:52

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Doug's Return to Gym Ownership and Starting a Second Location In this episode of Wealthy Gym Owners, Pat Rigsby and Doug Spurling discuss Doug's return to gym ownership and the process of starting a second location of Spurling Fitness. They delve into Doug's journey from selling the original Spurling Fitness in mid-2024, to focusing on real estate and coaching, and then deciding to embark on this new venture. Doug shares his thought process, financial planning, and the logistics of securing a new location, including his strategy to operate with a leaner staff and a singular small group training model. They explore the benefits and challenges of entering a tier-two market and how past experiences will inform the new approach. Additionally, they talk about the opportunity for coaching clients to follow along and build their own gyms in tandem with Doug's new project. 00:00 Introduction and Exciting News 00:34 Doug's Journey Back to Gym Ownership 02:41 Planning the New Gym 03:18 Financial and Operational Strategies 07:10 Marketing and Growth Strategies 08:06 Location and Facility Considerations 14:08 Timeline and Future Plans 17:35 Final Thoughts and Flexibility in Business…

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WGO - EP 22 - Crafting Wealth and Wellness with Luke Sullivan 20:34

منذ 11 weeks20:34

20:34

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- In this episode of 'The Wealthy Gym Owners,' host Pat Rigsby sits down with Luke Sullivan, a fitness entrepreneur and owner of Pinnacle Fitness in Scottsdale, AZ. Luke shares his inspiring journey from starting in a small 1600 square foot space in 2010 to growing his business to a 4,000 square foot facility with nearly $900,000 in revenue in 2022. Learn how Luke found his niche serving the 50+ population with special needs such as hip and knee replacements, and how he overcame challenges like unexpected gym closures due to COVID-19. Discover actionable insights on planning, marketing, and creating a unique client experience that helped Pinnacle Fitness thrive. Whether you're a gym owner looking to scale or someone interested in the business of fitness, this episode is packed with valuable wisdom and real-life success stories. 00:00 Introduction and Welcome 00:35 Luke's Business Journey: From Humble Beginnings 01:22 Navigating Challenges and Growth 02:21 Revenue Milestones and Business Strategies 06:03 The Importance of Focus and Urgency 07:18 Building a Supportive Community 10:30 Client-Centric Approach and Differentiation 12:35 Marketing and Expansion Plans 13:44 Role Evolution and Personal Growth 15:23 Future Goals and Family Impact 19:25 Conclusion and Contact Information…

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WGO - EP 21 - Scaling and Succeeding with Levi Memmer 33:20

منذ 12 weeks33:20

33:20

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- In this episode of the Wealthy Gym Owners Podcast, host Pat Rigsby chats with Levi Memmer, a successful gym owner from Texas. Levi shares his journey of building a thriving business with nearly 400 clients, focusing on both large and small group training. He discusses the strategies behind his gym's impressive profitability and client retention rates, the importance of client relationships, and his innovative T-shirt system for member recognition. Levi also talks about his personal shift towards creating an 'ideal business' that allows more time with family, his approach to wealth building through investment and minimizing debt, and the critical role of having financial leverage. This episode offers valuable insights for gym owners looking to grow their businesses and achieve financial freedom. 00:00 Introduction and Guest Welcome 00:56 Overview of Levi's Business 02:00 Staff and Facility Details 03:03 Business Growth and Client Retention 04:26 Profitability and Retention Strategies 07:33 T-Shirt System and Client Recognition 10:17 Journey of ITS and Ideal Business 16:32 Marketing and Client Acquisition 23:07 Wealth Building and Financial Strategies 30:53 Future Plans and Conclusion…

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WGO - EP 20 - Roadmap to $500k 1:08:24

منذ 13 weeks1:08:24

1:08:24

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Scaling Your Brick and Mortar Gym to $500K: A Comprehensive Roadmap This presentation script provides a detailed roadmap for brick and mortar gym owners to scale their businesses to $500,000 in annual revenue. The speaker, a former gym owner who reached this milestone in four years, outlines a strategic approach that includes seven key steps: correct pricing, optimal scheduling, effective marketing, robust follow-up and sales tactics, exemplary onboarding processes, creating raving fans through recognition and results, and strategic staffing and financial management. The advice is detailed with practical examples, client case studies, and actionable tips aimed at helping gym owners realistically grow and maintain their businesses. 00:00 Introduction and Audience Engagement 00:26 The Roadmap to 500K for Brick and Mortar Businesses 01:12 The Importance of Reaching the 500K Tipping Point 03:47 Case Study: Luke Sullivan's Success Story 04:57 Step-by-Step Guide to Achieving 500K 05:26 Step 1: Pricing Strategies 16:34 Step 2: Effective Scheduling 27:54 Step 3: Marketing Essentials 34:39 Follow-Up and Sales Techniques 38:32 Client Success Story: Jeff Nelson's Gym 39:03 The Power of Phone Calls in Lead Conversion 39:49 Effective Sales Strategies and Pricing Techniques 40:04 Importance of a Single Appointment and Setting Expectations 40:35 Professional Presentation of Pricing 42:20 Finalizing the Sale: Membership Agreement 43:54 Onboarding New Clients: Checklist and Welcome Bag 49:52 Creating Raving Fans: Recognition and Rewards 54:52 Staffing Your Gym for Success 01:00:44 Financial Management: Knowing Your Numbers 01:07:54 Conclusion: Implementing the 500k Gym Standards…

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WGO - EP 19 - Getting the Outcomes You Want 56:12

منذ 14 weeks56:12

56:12

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Mastering the Double Win: Balancing Personal Fulfillment and Business Success This talk dives into the concept of 'reverse engineering the double win,' focusing on how business owners can achieve both personal and professional goals. Pat RIgsby, with 20 years of experience and 37 businesses owned or co-owned, shares insights on identifying desired outcomes, committing to them, and aligning behaviors and habits to achieve those outcomes. Emphasizing the importance of clarity in business objectives, financial planning, and role definition, the discussion also highlights the need for continuous self-improvement, responsibility, and a proactive approach to marketing, sales, and business management. Key points include the significance of building an audience, the interplay between gross revenue and lifestyle goals, and strategies for achieving a balance in one's professional schedule and personal life. 00:00 Introduction to the Double Win Concept 01:02 Identifying Personal and Professional Goals 02:21 Commitment to Achieving Desired Outcomes 04:53 Understanding the Financial Aspects 05:41 Defining Your Ideal Lifestyle 07:45 Balancing Business Roles and Responsibilities 20:08 Creating a Flexible and Enjoyable Work Environment 25:31 Choosing the Right Business Model 27:25 Setting Revenue Goals and Adjusting Behaviors 28:41 The Reality of Running a Business 30:03 Survival Rates of Small Businesses 31:09 Reflecting on Business Longevity 33:37 Reverse Engineering Success 34:51 The Importance of Saying No 37:52 Building and Accessing an Audience 42:38 The Necessity of Selling 46:44 Taking Personal Responsibility 49:32 Planning, Production, and Perseverance 53:57 Adapting to Changing Landscapes 55:33 Universal Principles for Success…

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WGO - EP 18 - Turning Leads Into Sales 48:46

منذ 15 weeks48:46

48:46

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WGO - EP 17 - Building a Second in Command 40:52

منذ 16 weeks40:52

40:52

Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Building Your Dream Team: The Role of a Second in Command In this episode, we dive deep into the essentials of establishing a second in command for your business. Whether referred to as a director or a general manager, this key individual takes over the daily operations, allowing you, the owner, to focus on big-picture strategies, marketing, and finance. We discuss the prerequisites for making such a transition, including managing revenue, developing a strong team culture, and ensuring profitability. We also explore the decision-making process for internal versus external hires, the necessary traits for the role, and how to structure their responsibilities and compensation. If you're considering elevating or appointing a second in command, this episode provides a comprehensive framework to help you make informed decisions and effectively transition into a more strategic role within your business. 00:00 Introduction to Building a Second in Command 00:25 Why Consider a Second in Command? 00:35 Shifting Focus: Strategy, Marketing, and Finance 03:40 Prerequisites for Hiring a Second in Command 07:57 Identifying the Right Candidate 08:40 Internal vs. External Hires 16:02 Traits and Skills of an Effective Manager 21:30 Structuring the Role and Compensation 24:26 Weekly Responsibilities and Time Management 34:12 Your Evolving Role as an Owner 40:33 Brainstorming and Best Practices Ready to grow your clientele & revenue?…

The Wealthy Gym Owners Podcast

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WGO - EP 1 - The Wealthy Gym Owners Kickoff Episode! 10:47

منذ 32 weeks10:47

10:47

https://wealthygymowners.com/ In this episode of "The Wealthy Gym Owners Podcast," we kick off our journey towards building a thriving fitness business. Join hosts Pat Rigsby and Doug Spurling as they share valuable insights on how to scale your fitness business effectively. Notes from this episode: - The key principles of successful scaling - Strategies to attract and retain your ideal clients - Leveraging technology to streamline operations and maximize growth - Building a high-performing team to support your business expansion - Overcoming common challenges and pitfalls in the scaling process Don't miss out on this wealth of knowledge that will transform your fitness business. Tune in now to learn how to take your fitness business to new heights.…

The Wealthy Gym Owners Podcast

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WGO - EP 16 - Getting Started with Wealth-Building 12:32

منذ 17 weeks12:32

12:32

https://wealthygymowners.com/ Ready to grow your clientele & revenue? Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Getting Started with Wealth Building: From Gym Profits to Real Estate Investments In this episode of 'The Wealthy Gym Owners,' hosts Pat and Doug discuss how fitness business owners can start building wealth beyond their gyms. They delve into Doug's first real estate investment—a lake house turned short-term rental—and the practical steps he took to make it happen. Learn about the importance of paying yourself first, leveraging short-term rentals, and converting personal goals into profitable investments. This episode is packed with actionable insights to help you start your journey to financial stability and growth. 00:00 Introduction to Wealth Building for Fitness Entrepreneurs 00:28 Overcoming the Initial Investment Hurdle 01:40 Doug's First Short-Term Rental Purchase 02:54 The Benefits of Short-Term Rentals 04:40 Turning a Vacation Home into a Profitable Business 06:45 Balancing Enjoyment and Investment 10:13 Steps to Start Investing in Short-Term Rentals 11:43 Conclusion and Final Thoughts…

The Wealthy Gym Owners Podcast

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WGO - EP 15 - The Secret to Boardroom Success 11:02

منذ 18 weeks11:02

11:02

https://wealthygymowners.com/ Ready to grow your clientele & revenue? Download "The 20 Client Generators" PDF now and get instant access to strategies that will fill your calendar with potential clients. No complicated tech, no lengthy processes—just real strategies that work. https://info.patrigsby.com/20-client-generators Do you want to stop chasing leads and start attracting them instead? Get Instant Access To The Weekly Client Machine For Just $5.00! https://patrigsby.com/weeklyclientmachine Get Your FREE Copy of Pat's Fitness Entrepreneur Handbook! https://patrigsby.com/feh --- Secrets to Success: Insights from Top Performing Fitness Entrepreneurs In this episode of 'The Wealthy Gym Owners Podcasr', Pat and Doug discuss the phenomenal success of their clients in the high-level coaching mastermind program, 'Boardroom'. They explore the common traits and strategies that have led these diverse fitness businesses to achieve their best-ever revenues and profits, even during typically slow periods. Key takeaways include the power of collaboration within mastermind groups, the importance of consistent and strategic marketing, meticulous tracking of business metrics, and the crucial role of effective team management. The episode emphasizes the significance of prioritizing continuous improvement and drawing inspiration from peers to avoid complacency. 00:00 Introduction to the WGO 00:16 Celebrating Success: Best Year and Best Month Ever 01:26 Characteristics of Successful Fitness Businesses 02:26 The Power of Mastermind Groups 03:15 Consistency in Marketing Strategies 03:55 Tracking Numbers and Client Experience 05:36 Continuous Improvement and Adaptation 06:34 Importance of Knowing Your Numbers 07:41 Solving People Problems for Growth 08:13 Engagement and Prioritizing Improvement 09:51 Motivation from Being the Underdog 10:44 Conclusion and Final Thoughts…

The Wealthy Gym Owners Podcast

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WGO - EP 14 - Doug's Big Levers 18:57

منذ 19 weeks18:57

18:57

https://wealthygymowners.com/ Springboards to Success: Key Moments in Growing a Fitness Business In this episode of 'Wealthy Gym Owners,' Pat and Doug discuss pivotal moments that propelled Doug's fitness business forward. The discussion highlights the importance of choosing a specific client avatar, making key hires, finding a strategic location for convenience, and committing to one business model. Doug also underscores the significance of financial management and profit structure, sharing personal experiences and insights that underscore each point. This episode provides a comprehensive look at the strategic decisions behind developing a successful fitness enterprise. 00:00 Introduction and Episode Overview 01:21 Doug's Early Business Challenges 03:29 The Importance of Key Hires 05:28 Understanding and Motivating Your Team 08:47 The Impact of Location on Business Growth 12:38 Choosing and Doubling Down on a Business Model 15:39 Financial Realizations and Adjustments 17:13 Conclusion and Final Thoughts…

The Wealthy Gym Owners Podcast

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WGO - EP 13 - The Difference Between a Great and Average Business 21:02

منذ 20 weeks21:02

21:02

https://wealthygymowners.com/ Key Differences Between Average and Successful Fitness Businesses In this episode of The Wealthy Gym Owners podcast, Pat and Doug explore the distinct characteristics that set advanced, successful fitness businesses apart from average ones. They delve into key areas such as consistent marketing strategies, robust staffing plans, effective tracking systems, solid financial management, and an investor mentality. By understanding and implementing these principles, aspiring gym owners can close the gaps in their own operations and achieve greater success. 00:00 Introduction: A New Direction 00:09 Understanding Business Stages 01:28 Key Differences in Marketing Strategies 01:57 The Importance of Consistent Marketing 03:15 Tailoring Marketing to Your Strengths 05:02 Building and Managing Your Team 07:40 Effective Tracking and Systems 12:36 Proactive Financial Management 16:18 Thinking Like an Investor 20:15 Conclusion: Building a Durable Business…

The Wealthy Gym Owners Podcast

1
WGO - EP 12 - Hiring and Onboarding 20:32

منذ 21 weeks20:32

20:32

https://wealthygymowners.com/ Effective Hiring and Onboarding: Strategies for Fitness Entrepreneurs In this episode of the Wealthy Gym Owners podcast, Pat and Doug dive into the second part of their series on hiring and onboarding new team members. They discuss best practices for setting up new hires for success, focusing on pre-start logistics, a structured onboarding program called 'the Academy,' and the importance of classroom time. The conversation also touches on creating clear roles and responsibilities, the need for continuous practice and feedback, and aligning new hires with the company's vision and culture to foster engagement and commitment. Practical tips and analogies are provided to highlight the keys to building a cohesive and motivated team. 00:00 Introduction and Series Overview 00:24 Recap of Previous Episode 00:38 Initial Steps After Hiring 02:06 Onboarding Process: The Academy 03:29 Classroom Time and Co-Coaching 10:57 Role Playing and Practical Training 12:45 Defining Roles and Responsibilities 15:48 Nailing the Basics 17:04 Continuous Practice and Improvement 19:37 Conclusion and Future Episodes…

The Wealthy Gym Owners Podcast

1
WGO - EP 11 - Recruiting and Hiring 18:51

منذ 22 weeks18:51

18:51

https://wealthygymowners.com/ Effective Hiring Strategies for Fitness Entrepreneurs In this episode of The Wealthy Gym Owners, hosts Doug and Pat discuss advanced hiring strategies for fitness business owners in a post-COVID landscape. They emphasize the importance of constantly recruiting, leveraging email lists, and utilizing hospitality workers. They also highlight untapped opportunities in building relationships with local universities and sports teams. Doug and Pat provide practical tips like creating a job sales page, using quick phone interviews to screen candidates, and focusing on character traits over credentials. The episode concludes with a teaser for part two, where they will cover the onboarding process for new hires. 00:00 Introduction and Episode Overview 00:25 The Evolving Hiring Landscape 01:15 Recruiting Strategies and Tips 04:25 Building Relationships with Universities 07:15 Mentorship and Long-Term Hiring 11:21 Filtering and Interviewing Candidates 16:32 Final Thoughts and Next Episode Preview…

The Wealthy Gym Owners Podcast

1
WGO - EP 10 - Doug Sold His Gym! 20:10

منذ 23 weeks20:10

20:10

https://wealthygymowners.com/ Navigating the Sale of a Fitness Business: Doug's Journey with Spurling Fitness In this episode of 'The Wealthy Gym Owners podcast,' Pat and Doug discuss Doug's recent sale of his gym, Spurling Fitness, which he started in 2000. Doug provides insights into his decision to sell, driven by the operational capacity and his desire for growth. He explains how he transitioned out of day-to-day operations and built a strong team, leading to smooth business functioning. The episode delves into the emotional and logistical aspects of selling a gym, including retaining intellectual property and valuing a service-based business. Doug shares his future plans in investment and mentorship within the fitness industry, aiming to balance cash flow and new passions. 00:00 Introduction and Big Announcement 00:38 Doug's Journey with Spurling Fitness 01:33 Emotional and Operational Aspects of Selling a Gym 02:21 Transitioning Leadership and Maintaining Growth 05:48 Navigating the Sale Process 08:55 Valuing a Service-Based Business 12:07 Future Plans and Next Act 15:39 Reflections and Final Thoughts…

The Wealthy Gym Owners Podcast

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WGO - EP 9 - 3 Buckets 12:02

منذ 24 weeks12:02

12:02

https://wealthygymowners.com/ Mastering Gym Finances: The Three Essential Money Buckets In this episode of the Wealthy Fitness Entrepreneur, Pat and Doug delve into the crucial aspects of financial planning for gym owners. The discussion emphasizes the importance of establishing a money model to streamline business finances. Doug explains the concept of the three money buckets—Payroll, Base Operating Expenses (BOE), and Profit—detailing how each should be managed to maintain profitability. Listeners will learn practical insights on setting aside appropriate payroll percentages, managing operating expenses, and ensuring a healthy profit margin. Doug also offers advice on building financial reserves and reverse engineering sales goals to match financial needs. This straightforward approach is designed to help gym owners better control their finances and build lasting wealth. 00:00 Introduction and Episode Kickoff 00:16 The Importance of Money Management 01:39 Understanding the Three Buckets 02:22 Bucket One: Payroll Management 05:31 Bucket Two: Base Operating Expenses 06:14 Bucket Three: Profit and Reserves 09:47 Reverse Engineering Your Sales Goal 11:48 Conclusion and Final Thoughts…

The Wealthy Gym Owners Podcast

1
WGO - EP 8 - Marketing 26:09

منذ 25 weeks26:09

26:09

https://wealthygymowners.com/ Building a Proactive Marketing Strategy for Fitness Entrepreneurs In this episode of The Wealthy Fitness Entrepreneur, Pat and Doug discuss key components of a marketing plan for fitness business owners. They emphasize the importance of proactive monthly planning and break down strategies into online marketing, offline efforts, and internal promotions. Highlights include the significance of having evergreen offers, utilizing various referral and reactivation campaigns, building community relationships, and maintaining client engagement through internal challenges and events. The episode aims to provide a comprehensive approach to reducing the volatility in client acquisition by implementing a consistent and strategic marketing plan. 00:00 Introduction to the Three R's 00:30 Building a Monthly Marketing Plan 01:19 The Importance of Consistent Client Acquisition 05:26 Unpacking a Monthly Marketing Plan 07:06 Online Marketing Strategies 14:02 Offline Marketing Strategies 19:53 Internal Marketing for Client Retention 25:07 Final Thoughts on Proactive Planning…

The Wealthy Gym Owners Podcast

1
WGO - EP 7 - Membership and Pricing 19:47

منذ 26 weeks19:47

19:47

https://wealthygymowners.com/ Effective Memberships and Pricing Strategies for Fitness Entrepreneurs In this episode of 'The Wealthy Fitness Entrepreneur,' Pat and Doug dive into strategies for setting memberships and pricing for fitness businesses. They discuss the importance of not basing prices solely on competitors or arbitrary decisions, but rather on calculated metrics and business goals. They recommend offering two to four membership options to provide choice without overwhelming clients. The episode also covers the significance of aligning pricing and membership models with the needs of the ideal client, and evaluating pricing structures annually to stay aligned with market changes and business growth objectives. 00:00 Introduction and Revenue Goals 00:19 Unpacking Memberships and Pricing 02:56 Guidelines for Membership Options 09:57 Pricing Strategies and Formulas 15:48 Presentation and Market Evolution 19:35 Conclusion…

The Wealthy Gym Owners Podcast

1
WGO - EP 6 - Management 20:31

منذ 27 weeks20:31

20:31

Scaling Your Fitness Business Through Effective Team Building and Management In this episode of 'The Wealthy Fitness Entrepreneur,' hosts Doug and Pat dive deep into the essential strategies for building and leading a high-performing team in the fitness industry. They discuss the importance of defining team roles and responsibilities, recruiting effectively, and creating a structured onboarding process. The hosts also emphasize ongoing team development through regular check-ins, team meetings, and role-playing exercises. Whether you're a startup or looking to scale, this episode provides actionable insights to ensure your team is aligned, motivated, and equipped to drive your business forward. 00:00 Introduction and Episode Overview 00:17 Importance of Building and Leading a Team 01:28 Defining Team Roles and Responsibilities 03:56 Recruiting Strategies and Tactics 09:02 Onboarding New Team Members 13:32 Ongoing Team Development and Training 18:22 Consistency and Role Playing in Team Management 20:01 Conclusion and Final Thoughts…

The Wealthy Gym Owners Podcast

1
WGO - EP 5 - Business Model 17:24

منذ 28 weeks17:24

17:24

https://wealthygymowners.com/ In this episode of "The Wealthy Gym Owners Podcast," hosts Pat Rigsby and Doug Spurling offer valuable insights on building a successful business model in the fitness industry. Notes from this episode: - Designing a business model that aligns with your goals and values - Creating diverse revenue streams for financial stability - Setting effective pricing strategies to maximize profitability - Optimizing business structure for long-term success Ready to refine your business model and drive success in the fitness industry? Don't miss this opportunity to strengthen the foundation of your fitness business. Tune in now and start building your path to entrepreneurial achievement!…

The Wealthy Gym Owners Podcast

1
WGO - EP 4 - Going from Coach to CEO 15:53

منذ 29 weeks15:53

15:53

https://wealthygymowners.com/ In this episode of "The Wealthy Gym Owners Podcast," hosts Pat Rigsby and Doug Spurling provide actionable strategies for transitioning from a coach to a CEO in the fitness industry. Notes from this episode: Importance of leadership development for business growth - Strategies for effective delegation and time management - Don't miss this opportunity to take your fitness business to new heights. Tune in now and start your journey towards CEO excellence!…

The Wealthy Gym Owners Podcast

1
WGO - EP 3 - Increasing Cash Flow 19:28

منذ 30 weeks19:28

19:28

https://wealthygymowners.com/ In this episode of "The Wealthy Gym Owners Podcast," hosts Pat Rigsby and Doug Spurling provide valuable insights and strategies for increasing cash flow in your fitness business. Notes from this episode: - Understanding the importance of cash flow for business growth and success - Attracting and retaining more clients to increase revenue - Optimizing your pricing structure to maximize profitability - Streamlining operations and reducing costs to improve cash flow - Leveraging technology and automation to boost efficiency and revenue.…

The Wealthy Gym Owners Podcast

1
WGO - EP 2 - Cash Flow vs Cash Out 15:45

منذ 31 weeks15:45

15:45

https://wealthygymowners.com/ In this episode of "The Wealthy Gym Owners Podcast," hosts Pat Rigsby and Doug Spurling discuss the critical topic of cash flow and cash out. Notes from this episode: Understanding the distinction between cash flow and cash out - Strategies to optimize cash flow in your fitness business Minimizing unnecessary expenses to boost profitability Making informed financial decisions for long-term success Ready to take control of your business finances? Tune in to this episode to gain valuable insights and practical tips on managing your cash flow effectively.…

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The Wealthy Gym Owners Podcast

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