The Ask Vince Podcast: $50,000 Gym Membership

Fitness Business University Podcast

Learn more about who is speaking at our next Live Mastermind Event on November 8th and 9th by CLICKING HERE!

Click here to download Vinces' Gabriele Quick Money Wins Guide

In this episode, Vince discusses the concept of creating high-value offers for gym owners, including the strategy of offering a $50,000 gym membership. He shares the story of how a gym owner that is in his Mastermind successfully sold a two-year membership for $50,000 to fund a new location, emphasizing the importance of making bold offers to your existing client base.

Vince also touches on creating premium membership packages that could include exclusive services like massages, personal training, and nutrition coaching. The episode highlights strategies for building bigger brands without large marketing costs, and how to leverage joint ventures with community leaders. Vince also dives into "Masogi," a personal challenge concept where one attempts something with a 50% chance of failure to build mental toughness.

Key Topics

$50,000 Gym Membership Strategy: Vince discusses the importance of creating high-ticket offers for gym owners, such as premium memberships, to generate significant revenue quickly.

Brand Building Without Big Marketing Budgets: Strategies for building a strong, recognizable gym brand in the local community without spending heavily on marketing.

Angel 101 List: How to leverage key relationships in the community to grow your gym, including forming joint ventures with local influencers and business leaders.

Proximity and Referrals: The power of staying front of mind through regular interaction, as demonstrated through Vince's story of receiving consistent referrals from an orthopedic surgeon.

Masogi Concept: The idea of taking on a challenging task with a high chance of failure once a year to build mental toughness and create defining life moments.

Jiu Jitsu and Life Lessons for Kids: Vince shares how Jiu Jitsu helps instill discipline and resilience in his children and how that aligns with the "Masogi" mindset.

Quick Money Wins for Gym Owners: Announcement of a free PDF with 14 strategies to quickly generate revenue for gym owners, with examples of how to implement these tactics.

Show Notes:

• [00:00:00] Introduction and mastermind event in San Antonio
• [00:02:00] Discussion of $50,000 gym membership and the "send the bill to the herd" strategy
• [00:05:00] Offering high-ticket memberships and creating premium programs
• [00:08:00] The Angel 101 list for building relationships and joint ventures in the community
• [00:18:00] Story about referrals from an orthopedic surgeon and the value of proximity
• [00:19:00] Vince's experience training for an ultra-marathon and the concept of "Masogi"
• [00:24:00] The importance of Jiu Jitsu for kids and personal growth through challenges
• [00:28:00] Announcement of the "Quick Money Wins for Gym Owners" PDF and where to find the link in the show notes.

If you're a gym owner seeking answers on how you can grow your gym, make more money, and have more freedom to do what you love, visit www.vincegabriele.com or book a call by CLICKING HERE!