Have you ever dreamed about being your own boss and opening your own gym? What if you could turn your passions into a thriving and successful business?
On this episode, we show you how Jake Brog, a fitness enthusiast, followed his passions and used a personal credit card to open a gym! Listen to Jake’s story and learn how much it costs and what it takes to open a personal fitness center.
Jake Brog has always had an intense interest in fitness. He is a state-record holder in bodybuilding and powerlifting.
As a marathon runner, he completed the Spartan Ultra Championship and currently trains for the Ironman triathlon. Out of college, he went through a variety of different jobs, including a volunteer firefighter.
But he wanted to be able to share his passion and help others achieve their fitness goals while earning enough to support himself.
After going the traditional route of business plans and applying for bank loans, he learned that many were not eager to take the leap on a new gym business.
Armed with his passion for fitness and a credit card, he launched Lab Athletics in a small warehouse space. When the gym opened it was a single bay, but his business has gradually expanded. In just six years, his gym has quadrupled in size and he has helped over 2000 members achieve their health and fitness goals.
To learn more about opening a gym and the rest of the questions that didn't make it into this interview visit: www.upflip.com/blog/how-to-op...
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Resources:
www.upflip.com/academy - Launch and scale your business with our expert-led Academy
www.upflip.com/equipment-list... Premier Equipment List
Timecodes:
0:00 Intro
1:53 Meeting Jake
2:55 Gym Equipment
5:00 Target Audience
6:11 Equipment Cost
7:26 First Key Business Starting Steps
8:34 The Rogue bars
10:15 Beginning Small
11:24 Meeting The Personal Trainer
12:56 Next Step On Scaling
14:17 Finding A Location
15:43 How Much Do Gyms Earn and Pricing Structures
17:31 What Makes A Good Client
19:02 Initial Investment
20:38 Speed Ropes
21:42 Initial Earnings and First Salary
23:49 Marketing
25:52 Jake’s office
26:26 On Following Your Passion
27:56 Outro