HOW TO: START A GYM BUSINESS & HOW MUCH MONEY I MAKE PT 2/3

[@anianonunez839]

You may not even see this comment but because of these videos I started buying equipment for my own gym since February this year and I’m about 50% done, should be opening around August 2021. Thank you!!!

[@mynamehereforsure]

How's it going now?

[@Hebrewrichard]

Did u open

[@galen367]

Update?

[@TheUltraGamer98]

Dude I love how transparent you are!

[@jamieavis1591]

Wow breath of fresh air. You have really inspired me to follow my dream of owning a gym one day.

[@fitmindbusinesspodcastcrwi9301]

Hey man thank you so much it’s really helpful to us for opening our GYM IN COSTA RICA BUENOS AIRES DE PUNTARENAS . My wife and I. This is real good content. Thank you a lot.

[@goodhealthpositivity5724]

Thanks a lot man! I am going to start this journey soon. When I achieve my goal... and build my platform I will reference you and your business. Keep it up!

[@peteos3732]

I like your mindset! Giving me a lot of ideas.

[@SzatStrength]

Pete Os awesome!!!

[@steadyemar]

This is super awesome! Thanks heaps for sharing your knowledge in a raw and inspiring way :)

[@obeycelestia]

You are an inspiration in so many ways. I'm so glad I found your channel!

[@SzatStrength]

Dennis Crenshaw thank you it means a lot!

[@stevekdigitalworx]

Thank you for doing these videos. I'm within a year of opening my garage gym and a lot of the things you talk about, I've thought, so I know I'm on the right track.

[@CoachPradipRai]

Very helpful and informative, will definitely help me in future. Thank you once again!

[@stavp01]

Great video Coach! Love that I can say first hand you practice what you preach.

[@SzatStrength]

Anthony Pirrello thanks brother I appreciate it!

[@dreablake42]

Love this and thank you so much...hoping to get my fitness center up and running...in the very early stages

[@zydomason]

Thank you so much for this amazing and free information, I hope to start my own gym in the next few years and I believe your videos will help me immensely. If you need any ideas for part 3, I've got some questions: 1) how many members per square meter you need to make the gym at least substantial for itself? Approximately of course. 2) how important it is not to have any other gyms around? 3) I know a lot of commercial gyms make most of their profit on members who don't actually come to the gym. I'd prefer my members to use the membership they paid for, but is it something to consider? Like, lowering the membership cost so people buy it anyway, even if they don't plan to use the gym too often.

[@Mahermovement]

Thanks for making this video, find things just when you need to hear them! hope to be in your shoes in 5 years or so!

[@Mehanaokala42]

Brah! Thanks for the still shots of your white board. Screenshots taken and added to Notability for reference and to use as note headers.

[@karjona2806]

great video!!! like you said, not just for this type of business but in general.

[@72buffaloman]

my vision board just has a pic of me and coach joe on it at the lions den .goals met! haha Good advice , Good video!

[@SzatStrength]

Joseph Hockensmith haha love it!!! Visions boards are awesome.

[@mikegrajeda4937]

What a great video, love the real world examples and the brutal honesty! Thanks for the video

[@MohcineDerri]

Thanks for the valuable information 💪💪💪💪 waiting for the final part 😍😍😍😍

[@SzatStrength]

Mohcine Derri thanks for watching!!!

[@Sk8co]

Awesome video man. Really appreciate how transparent you are about the journey. Good luck brother.

[@SzatStrength]

Sk8co thanks buddy!!

[@Heavyork]

Great series! Glad I found you through Brian Alsruhe's channel. Could you elaborate more on how money is made within the gym? Do you earn most from classes? Do you have open gym hours? As a smaller gym can you even do open gym or will it be a mess? How much time do you actually spend at the gym? Could you give us an example of a full work week for you (a planner)?

[@SzatStrength]

Heavyork I will aim to answer that in my nextvideo!

[@mastervaderm16]

Hey man, great content. I just found your channel a few days ago. I’d like to stop by and train at your gym at some point!

[@SzatStrength]

mario lozano sounds good email the gym prior

[@nibpicky]

I️ wish you the best in your business and life.

[@TheJaronH]

Appreciate your videos and can't wait for the final part. Would love to see more of that kind of content as I'm starting out myself, knowing I have A LOT to offer and just not sure how to reach out to people and put myself out there. Thanks again! You should def have more subs.

[@SzatStrength]

Melajaron for sure, thanks for watching and taking the time to comment!

[@SquatSimp]

Awesome video, love the transparency in this video. I appreciate you man

[@gregmccandless755]

Keep up the hard work! Thanks for the info.

[@SzatStrength]

Greg McCandless thank you!!'

[@lovelikebecca]

Thank you for being open and honest! Definitely motivates me to open up my own gym someday. Keep up the great work dude!

[@kirshberndt8412]

Very inspirational

[@robertocastillo9672]

Man, thanks for sharing your experience!

[@barneysjda]

could you go more in depth on why just running the gym wont make you a fulltime income? will it ever if you have enough memberships?

[@genewright3239]

Who would dislike this 🤔 Anyway, good information 💪🏿

[@rolygothejuice6127]

Love this video thank you

[@claudiabriones3055]

Hey Joey. I would love to pick your brain more on opening a gym. Would you be open to discussing it further? My husband and I would like to start a small gym but an efficient one. Thanks for your time and hope to hear from you soon.

[@Jedboy123]

Awesome vodeo

[@chickenosm]

I find myself in an interesting situation. I live in an upscale development outside of a large city. I feel like there could be demand for a gym, however, I have no experience in the industry. I'm considering becoming a certified personal trainer, but I would definitely not have a following. would it be a poor plan to hire on a trainer to bring in business when it first gets started?

[@matheus.menegon]

Loving the series brother!

[@Cokenya_ll]

So 100 k is what it cost you in the span of 4 years to get your gym finalized ?

[@TheUltraGamer98]

all you spent both equipment and rent over those 4 years you earn it in 3 months? Is that what you are saying?

[@matthewkippenhuck2396]

great info!

[@Condappastrength]

Thank you for this sir

[@randygentry1207]

Late to the video today...but good content in this video

[@SzatStrength]

Randy Gentry thanks buddy!!

[@greeksandromans]

So the $170K was expenses over 4 years, after the $30K startup cost? I'm starting with $30K as well, so if that's the case it sets my mind at ease a bit.

[@tegenetics2992]

How’s it going

[@richtexas4431]

How did it go brother? Give us an update please

[@greeksandromans]

@@richtexas4431 In a nutshell, it went well. I focused on purchasing extensible, functional and free-weight gear, like you would get from someone like Rogue- 1) I think it's better for training 2) it's cheaper 3) it's more flexible in terms of types of programs you can run on it 4) it's a standout in a crowded market (too many machine gyms as it is). You can go a long way on just a little bit of that type of gear, a very small amount of gear in fact if you're clever. I decided to go small and focus on individual training as opposed to opening the gym up much, also renting it out hourly. Right when I was building up, I had an opportunity to purchase a farm, so closed everything down, packed up and started thinking about how to run my business in a rural area. Then the pandemic hit, everything fell apart and it looks I'm on a life raft until this is all over. I'm not concerned, because I know I'll just hit the ground running when I can get started again.

[@richtexas4431]

@@greeksandromans yeah it makes sense to start with less equipment and do as much as you can with it. Yeah after covid, gyms should be booming. Did you have a following before you started or did you build that as you went along?

[@greeksandromans]

@@richtexas4431 I had a local network, but I don't know that you can call that a "following". Definitely had no time to work on social media (though I did that as a career before this, which is probably why I didn't want to go near it). I've been thinking up possible ideas, however, sitting around in quarantine.

[@flagshipathletics8323]

Thanks for the valuable insight!

[@markacosta9330]

Gonna go watch stranger things now. Cause I trust this guy..

[@calvinhedman7429]

30-50k per month or year?

[@Dawryfitnesstrainer]

I think he was talking yearly. One thing to keep in mind is 30 to 50k is his salary out of the total income then the gym make

[@Mowookbang]

It's 30-50k per month. You can see it on the board on 20:00

[@b-duncs8250]

Nah definitely yearly cause 20000 is eventually his goal. If he was making 30-50k per month that would be around half a mil yearly

[@richtexas4431]

I want to open a gym but I don’t have a following

[@stephenmaldonado3846]

Please when you start a podcast don't do a still image☹ I can't listen unless I'm driving haha

[@benjaminlanning8375]

Hey Joe, when you are talking about your income of 30 to 50k I am assuming that's per year profit for yourself?

[@Hebrewrichard]

No that’s a month

[@Hebrewrichard]

Go b a teacher for 30 k a year

[@venusstudios2973]

16:26 I highly disagree with this. You cannot just build something and expect them to show up without any effort. You have to have some kind of marketing strategy.

[@teeyateeyah233]

#STJOHNSUNIVERSITY ....WOOT WOOT!! :)

[@QQyoko]

Bruh, did you go from 2K to 6K from Omar?

[@SzatStrength]

QQyoko no I was at 4.5k before Omar

[@stephenmaldonado3846]

That is your demagorgon

[@humansnotai4912]

Niche is pronounced nee'sh

[@gtiforfun]

You are paying yourself if you are paying your personal bills. Your statement is misleading that you are not taking a paycheck.

[@gvsrhiee6417]

4:20 it's "you're"

[@fitmindbusinesspodcastcrwi9301]

Hey man thank you so much it’s really helpful to us for opening our GYM IN COSTA RICA BUENOS AIRES DE PUNTARENAS . My wife and I. This is real good content. Thank you a lot.

[@TheCoachingCoUK]

Great content here. Thanks!