small business

Tag archive for small business

Facing The Dilemmas Of Being A Gym Business Founder

What To Expect As A New Gym Business Owner Founding and operating your own gym is as demanding as any other business you can decide to build. As the owner and founder you are going to be constantly called upon to make choices, decisions and judgments that seem to demand the Wisdom of Solomon. In fact, if you’re thinking about starting your own gym, it will help you very much if you can see this as a positive situation and a challenge. The irony is that the more rapidly you get to the point of takeoff, the sooner you’ll lose [...]

Read more...

The Diversity Bull In The China Shop

Some Thoughts Based On Recent Events Human resources issues may seem like a long stretch for the Gym Insight Blog but this is a serious set of issues that could easily cause any small business to lose the farm. I’m talking about the fast changing and very sensitive issues of equality and diversity in the workplace and the gym. Recent incidents in fitness centers, where the key issues were the poor handling of diversity and the rapidly evolving legal environment, have made this something that every gym owner should be prepared to confront. That basically means getting along with people [...]

Read more...

Ease Your Gym Management Burden By Learning How To Delegate

The Gentle Art Of Doling Out The Tasks There is an old aphorism that a job is like a treadmill, one where you have to keep moving to stay in one place. I would ask you, the reader who is also a gym business owner, whether you intended to form a business so that you could pay a lease on a treadmill and walk on it yourself, all day long? Or was that equipment lease supposed to enable others to pay you to work out on it, to your profit? Remember the post about learning what to eliminate? Well, reductions [...]

Read more...
Street turning into an arrow with white paint on it saying "Go the Extra Mile"

Streamlining Hiring And Training Processes For Gym Owners

Building On Previous Discussions Some time ago, Gym Insight was fortunate to have a guest post from Mike Hedlesky. It was an in-depth piece that has been a real asset to the Insight Blog and, judging by the traffic, a useful source of information and validation for the readers. So first, thanks Mike! Second, I thought it might be good to go back, review and build on it with some further insights into running your own small gym business. Training is always easier to impart to your staff when you are clear about the basics of the company vision and [...]

Read more...

Funding Your Gym The Silicon Valley Way

Stages Of Building Your Empire The readers of Gym Insight are a pretty diverse group of people; some have aspirations to gym ownership and others are already there. So let’s look at one of the sexiest ways to get business funding. This is how the tech startups go about bootstrapping up from nothing and how the process can be applied to your situation. The levels of investment and startup success that have come from the tech industry works in stages as follows: Seed Money from your own pocket Friends and Family investment from those who truly believe in you Early [...]

Read more...

Gym Management And Software Services – Pointing Out The Parallels

Parallels In Gym Ownership And Software Services Companies I am fortunate to have had the privilege to see the inner workings of two different industries. My background and education is in computer science but my passions and enterprises have always been in fitness. That led me to having both a career in computer sciences through gyminsight.com and in gym management by owning a small but successful local gym business. Since the readers of the Gym Insight Blog tend to be fitness professionals I thought it would be useful, as a contrast, to talk about the computer industry and the differences [...]

Read more...

On The High Road To Premium Gym Ownership Success

Giving The Value Might Just Return It At A Premium Obviously I have been writing copious amounts about marketing and premium business models. However, with the potential for value and return on investment (ROI) I think that it’s important to cover it as thoroughly as possible. As the saying goes: When you aim for the stars you’re not likely to end up with a face full of dirt. If Gym Insight can give you some true value in words you might see that our software is also worth looking at. There are a couple of ways to increase ROI and [...]

Read more...

Lean Startup For Ambitious Small Gyms

What Is Lean Body Mass Of Your Gym? Marketing is a funny business, funny as in strange but not so much hilarious. You pursue what you think is the best market solution and then it turns out something works better. What do you do? Go after the new opportunity? Ignore it and stick to what you know? How does anyone know what the right answer is? Marketing strategies are changing rapidly for the modern small business. The entrepreneurial concept of the lean startup has taken hold and there are some awesome principles and lessons that can be learned from it. [...]

Read more...

New Year Fitness Industry Review And Preview

Breaking Down Boundaries 2014 saw changes and much activity in the fitness industry and new some trends. The hope of new things brought us the excitement of things like getting down in the mud with Spartan Fitness. CrossFit stepped up to be the exemplar of the aggressive type of training that only truly fanatical fitness enthusiasts understand. New gyms popped up, studios rode the trends and some big names ebbed and flowed in their fortunes. The combinations of fitness and digital will continue to throw up unexpected and tantalizing opportunities. The importance of the digital component of any business is [...]

Read more...

Unboxing the Gym Experience

When The Unboxing Experience Feels Like Your Birthday I recently set up a local service with a card reader. The company that sent the reader seems to have a real insight into the concept of experience, particularly the unboxing experience. The reader is well designed but so was the box that it came in. It contained three cleverly designed and satisfying layers of wrapping that had to be peeled away or opened and then a final layer of protective plastic that was strangely the best part to remove. These days, it's no surprise that people unbox their tech-toys and upload the [...]

Read more...

Burning The Candle Of Gym Ownership

All of the small business owners I know, be they gym owners or anything else, seem to have one trait in common: They're working all of the time. I can only speak for myself but this permanent work mode has often not felt like work at all. It's been a scramble to make a living out of doing what I love. My colleagues here at Gym Insight seem to feel the same way, judging by their commitment levels. AVOIDING BURNOUT 101: EFFECTIVENESS AND EFFICIENCY Burning the candle at both ends is an apt metaphor for the kind of work ethic [...]

Read more...

The Insights Of Bruce Lee

It is not a daily increase, but a daily decrease. Hack away at the inessential. This quote from martial arts legend Bruce Lee is so simple, yet it says so much of what success is all about, in gym ownership, in business and life in general. You can spend hours doing little things or find the big things that matter; they may look the same at first. But when all the other things drop away you can still take the essential factors and use them to achieve the final outcomes you desire. This is what sculptors do when they carve [...]

Read more...
Jon Taffer from Bar Rescue saying, "Shame on You, Shut it Down Now."

Gym Cleanups Make Good Gym Rescues

When television production companies catch onto a formula that’s cheap to produce and popular with viewers, they really work it for all it’s worth. Having an expert, who rescues failing small businesses, is a simple and compelling formula within the genre of reality TV. The premise is usually that a business, in some specific industry, gets help and a makeover just as it’s about to go under. The super-expert, no-holds-barred host comes in with a camera crew and they proceed, in a period of about three days, to whamp the tar out of the downtrodden business owner. They clear out [...]

Read more...
Red Target Symbol with Credit Card as the Bullseye

Target’s Data Breach Impacts the Health Club Industry

Maybe you’ve heard about how retail giant Target had a huge data breach in 2013. If you were exceptionally unfortunate, you know about it because of fraudulent activity somewhere in your personal credit profile. As a gym owner it may be hitting you particularly hard by interfering with your monthly membership revenue. In response you have to chase after payments and update card numbers on a scale that is putting a lot of pressure on you, your managers and your bottom line. The Target Scandal So, what happened to Target? The short answer is that they had something like 70 [...]

Read more...
Vision and mission crossword on white background, 3D

Know Your Gym’s Mission Pt. 3

It’s not just about what you think the identity of your gym or fitness center should be. It’s more than that. It matters what all of the other people think, the employees, contractors and other stakeholders. The way to guide their understanding is by having a clearly stated, present focused, mission statement. This is another in the set of articles I’ve been writing about values, vision and your mission. The overarching theme here is getting your business to work as smoothly as possible and for it to become a shared idea. My exact point here, is to have a statement [...]

Read more...