TweetI would start small and you can always expand.

Funny you brought it up I was looking online yesterday for information on doing the same.

TweetI have a good friend who just bought a big ass house w/ a private gym on its property. The gym is fully loaded, and has had continuous membership forever. So now that bastard gets to workout anytime he wants, and collect monthly memberships from the users. ****er already gets enough from eing a doctor, but he's pretty jacked too lol!

I guess what im saying is its a crap shoot. I've read of another guy doing the same thing, but he could not get the numbers he needed to make it profitable. He eventually started selling equipment just to stay open, until he had enough and closed up shop, which absolutely crushed him...

TweetGood posts.

A friend trainer with whom I worked with for 1 year...he then moved on. He has opened his own thing together with his girlfriend, and they have 2-3 private investors.
They base their operations on FUNCTIONAL training. he is also very smart guy, and she is an ex pro dancer.

They built from scratch, and built their business near an up and coming area of the city. for sure they must have some money sitting there, to help them survive the first 1-2 years, before they see any profit.

I have done lots of research on the Canadian side. It really depends on how big teh location will be, that will dictate the over head that will need to be carried for whatever months prior to profit coming in.

Even after 'profit' starts to come in, there is still the initial investment to earn back.


B2J

TweetOwning your own business can definitely be a dream come true and also a nightmare many times bro.With working for someone else,you have time off.When you own your business there is never time off.Taing time away is always scary and stays in your head all the time.For me,no matter how long I have employees with me,I always fear that things wont go the same as when im there.You ever see the movies where the family goes on vacation and the husband can never get off the phone nor the computer with his job,thats me.LOL.

You seem to have good thing going with the company that you're with and sounds like you're making decent money without many of the behind the scenes troubles if you owned the place.Just a lot of things that you have to deal with legally,and otherwise.

Just things to think about bro.Im not trying to step on this dream of yours just trying to help you keep things in perspective.

The question you need to really focus on is "WHY DO YOU WANT TO OWN YOUR OWN CLUB"? Is it for more free time? Is it for more money? Is is for less stress? Or is it just because it has been your dream? Many get into the idea that they NEED to own something....a house or a car or even a business but never really ask themselves why?

Now being a business owner do I regret it? At times yes.Did I miss things with my children early in life that I could have been there for if I didnt own? Yes.Have I made a good living from it? Yes.Has there been times when I wanted to put my head or many others heads through the wall over my business? HELL YES!! Would I do it all again? Probably so.

Just make sure you think it through completely and ask yoursef those questions. WHY? If you have the answer and it outweighs the reasons why not to,then go for it.Just do it slow and safe brother.

TweetFIST every time I talk to you, via pm or open post, you always talk rreal nice!!

I ran a private construction company for 6 years right after University. I think I gained 10 years during those times. I can't tell you how stressful my job was, and it was a 24/7 my head was always on the go. I absolutely loved it though.

I have owned a restaurant for just around 5 years now. Let me tell you that running and owning a business is very interesting, as yes one deals with multiple personalities....there are no holidays, there is no ME time. The cell is always ringing. I have become used to cell calls any dy of the week.

You are correct, I am making good money working for somebody else, and I am on target to hit the 100k mark by next December.
But as I look around: I want and need more.
I have so much more to offer. I want to reach hundred of people to get them into shape. To give them the opportunity to experience life without knee pain, or low back pain, or shoulder pain....or my main stream: put more people on stage to win more shows. (bodybuilding and fitness)

Working for the company right now, I am an independent trainer. I work as much as I want.....there are trainers who struggle in the industry, becuae they don't understant that, YOU make as much money as you want, as long as you are willing to make sacrifices.

Opening up this club/project will be a process. This could take 2 years, but I know that once the ball starts rolling, it will not stop.

In a nut shell, I am humble, but I am hungry for more out of life!!!
Money is not enough success in life for me.

I have several meetings the next few weeks, to see who will join the idea.

I would want to go small time, but I do understand how SERIOUS it will be if I were to go all out.

The equation can't fail me: When I am coaching new trainers, I tell them: If you mimmic what successful people are doing, copy it, practice it, costumize it so that it suits YOU. I promise you that you will not fail!!!!



B2J

Tweet

Originally Posted by Born2Juice4Ever

FIST every time I talk to you, via pm or open post, you always talk rreal nice!!

I ran a private construction company for 6 years right after University. I think I gained 10 years during those times. I can't tell you how stressful my job was, and it was a 24/7 my head was always on the go. I absolutely loved it though.

I have owned a restaurant for just around 5 years now. Let me tell you that running and owning a business is very interesting, as yes one deals with multiple personalities....there are no holidays, there is no ME time. The cell is always ringing. I have become used to cell calls any dy of the week.

You are correct, I am making good money working for somebody else, and I am on target to hit the 100k mark by next December.
But as I look around: I want and need more.
I have so much more to offer. I want to reach hundred of people to get them into shape. To give them the opportunity to experience life without knee pain, or low back pain, or shoulder pain....or my main stream: put more people on stage to win more shows. (bodybuilding and fitness)

Working for the company right now, I am an independent trainer. I work as much as I want.....there are trainers who struggle in the industry, becuae they don't understant that, YOU make as much money as you want, as long as you are willing to make sacrifices.

Opening up this club/project will be a process. This could take 2 years, but I know that once the ball starts rolling, it will not stop.

In a nut shell, I am humble, but I am hungry for more out of life!!!
Money is not enough success in life for me.

I have several meetings the next few weeks, to see who will join the idea.

I would want to go small time, but I do understand how SERIOUS it will be if I were to go all out.

The equation can't fail me: When I am coaching new trainers, I tell them: If you mimmic what successful people are doing, copy it, practice it, costumize it so that it suits YOU. I promise you that you will not fail!!!!



B2J

Thanks for the kind words my friend.

I know you have a passion for what you do and thats great.To be able to love what you do is what everyone wants in life.

Like I said brother,you're doing good now and are doing what you love so will it be different if its your club? Remember success come sin many forms and you seem to have found it already and are blessed because of it.Either way,whatever your decision,I know you will have the same success and happiness because of the drive and passion you have for it.I know whether your an independant employeee or an employer,you'll do great.

Best wishes my friend in whatever you decide.