Jun 24, 2022
TL;DL:
1. Hire help sooner.
Why I didn't:
-I truly was not making enough money
-I didn't know enough about the difference between profit, revenue,
and my paycheck
-I thought it "meant I was successful" because I had to work all of
the time, so I didn't see it as a problem. I thought that meant I
was "doing it right."
2. Carve out times for small group classes ASAP
Why I didn't:
I kinda did do this right away, but still- I wish I had done it
sooner. It took me a couple years to get it right, and the longer I
waited, the tricker it became to move 1:1 client sessions around to
accommodate for the small group. This ultimately became the
foundation upon which I would build my gym, but we'll cover that in
a future episode.
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I mention the book "Profit First" by Mike Michalowicz. If you're working on gaining a better understanding of your business financials, this can be a great place to start. However, I personally feel the book could have been a PDF, and for the personal trainer, it makes things slightly more complicated than they need to be. It can still be a really good place to start!