COMPARE THE PAIR: Why do some studios FAIL and others SUCCEED?
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Show Notes
For some of you, today’s topic is going to be hard to hear.
I read a statistic the other day and it shocked me, but looking at the businesses around me - felt about right …
80% of all small businesses will fail in the first five years and of those that survive, 80% of those will fail in their second five.
So in today’s ep, we wanted to unpack WHY? Why does this happen? And most importantly how can YOU become one of the 2/10 that succeed?
I’m going to give you a spoiler here … you DON’T need to do more work! I know for so many of you listening you are working HARD. You’re putting in the reps and you show up every single day … but, if you’re feeling like you could be part of that 80% that do fail - you might just be working on the wrong things.
Want to know what the right things are? Tune in to today's Ep to find out.
You’ll hear:
- The number one tell-tale sign of a studio that’s NOT going to make it
- What the successful owners have done to overcome ANY of the challenges they were faced with INCLUDING low leads, high churn and terrible retention
- Two changes you can make to avoid being one of the 8 that fail
… and a whole lot more!
WANT MORE:
- To say thank you for listening to the pod we’d like to gift you a FREE session to brainstorm a 3 Step Action Plan for your gym or fitness studio so you know EXACTLY what step you need to take to grow. Book in yours here
- Want to follow along behind the scenes? Check out @thegeronimoacademy and @hey.doza