MadLab Group typical business performance in the first 6 months

•

0 gostou•132 visualizações

Devin Glage

Typical 6 month results from a functional fitness gym what switches over to the MadLab Business Model.

Negócios

www.madlabgroup.com2
Madlab Alpha & Beta
study May 2014
48 Total gyms, 25 with more
than 6 months experience
we studied those 25

www.madlabgroup.com4
Revenue went from
$13,000 to
$21,000 per month
54+46+T54%An increase of

www.madlabgroup.com5
Profit went from
$1,800 to
$3,800 per month
80+20+T
120%An increase of

www.madlabgroup.com6
Coach pay went from
$2,200 to
$4,000 per month
80+20+T80%An increase of

www.madlabgroup.com7
Owner hours on the floor
went from 25 to
15 hours per week
40+60+T40%A decrease of

www.madlabgroup.com8
1. Aquarterofourgymshave
doubledtheirrevenue
2. Fivegymshavefinally
brokenintotheblack
3. Mostgymshaveincreased
coachpayby2-4times

www.madlabgroup.com9
What’sthetoughestpart?
1. Findingtherightcoaches
2. Figuringoutwhattodo
andinwhatsequence
3. Learninghowtosell
4. Dealingwiththehuge
workloadofswitchingover

www.madlabgroup.com10
What’sbeenimportant
alongtheway?
1.Mentorship
2.theFacebookforum
3.Onlineschool
4.Believingthatitwillwork
5.Seeingtheinitialresult

www.madlabgroup.com11
Whatwouldyouimprove?
1.Pocketcoachandtechtools
2.Moresupportandmentoring
3.Moresalestraining
4.examples,videos,housecalls

www.madlabgroup.com12
Advicefornewgyms
1. Goslow,masterthe
fundamentalsbeforemovingon
2.Deliberatelybuilda
newcoachingculture
3.Findmentors,but
trusttheprocess

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