3 Steps to 30K Monthly Recurring Revenue
Manage episode 423326471 series 2971228
This podcast often highlights $30k per month as the magic number gym owners need to break through. But why exactly $30k?
Well, hitting this revenue mark is like crossing a threshold where the usual struggles start to ease up. Your gym's recurring revenue begins to cover all your base operating expenses for the month, without the desperate urge to sign up a new member or sell another program.
When you know your bills are paid, you can focus on your gym's growth and start making more money. Once you achieve a consistent $30k income month after month, it becomes much easier to reach $40k, $50k, or $60k a lot faster.
So the biggest question is, how do you break through that ceiling?
In this episode, Tim and Randy share the three essential pillars you need to break through that ceiling:
- Systems that help streamline your operations
- Lead flow that keeps new clients coming
- Automation that acts like another employee who never forgets, works 24/7, and never has a bad day
They also present a comprehensive coaching program they developed that integrates these essential elements and truly delivers results!
Join them and learn what you need to achieve a stable income, reduce stress, and finally gain more financial flexibility to enjoy owning your business instead of just surviving in the arena.
Tune in now!
Key Takeaways:
- Intro (00:00)
- Importance of $30K monthly revenue (00:51)
- Need for comprehensive systems (03:41)
- Diversified lead sources (10:33)
- The importance of automation (13:06)
- Our coaching program and its benefits (21:52)
- Program costs and payment plans (25:47)
Additional Resources:
- Win an InBody 380 body composition scanner
- Join the waitlist for tickets to the 2024 FitPro Growth Summit
- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group
- An app designed for semi private training - Semi Private Pro
- Business Accelerator Program winninggym.com/call
- Learn more about The Iron Circle
- Jump on a call with Randy
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