You know the gym scene in and out as a customer, you have some business background, and you have the motivation and cash to start your own gym. While it might seem like you have the basics down, make sure you really know what you’re getting yourself into so you don’t make critical rookie mistakes. To help you out, here are 3 things you don’t know about managing a gym:
It’s not all fun and games: As a gym-goer, you likely think about running a gym as a natural progression of your passion. And it truly is a gift to be able to make a living doing something you truly love. But running a gym isn’t going to be all chatting with the clients and ordering sweet equipment. There will be long hours, mix-ups with orders, upset clients, and months of little to no pay. Know this going in so you can plan ahead. You should go into your investment with enough money in the bank to get you through the first few months at least when you aren’t making much money and are just getting started. Enlist the support of friends and a partner emotionally and, possibly, in the form of man-hours as you get the business going.
Forget about free-time: Running a business of any kind takes away from free time, but gym owners are particularly susceptible to getting sucked into the world of social media and general socializing. Working in a casual environment can make you lose focus on the bigger picture, which is building and growing your business. For now, just say no to a packed social calendar.
You don’t need to do it alone: Hopefully the first two points haven’t turned you off completely from the prospect of owning and managing your own gym. Because here comes the good news: you absolutely are not in this investment alone! Whether or not you have a partner, you always have someone to turn to when it comes to how to start up and run your new gym in the form of a consultant. From financing to planning the big grand opening and keeping clients coming back, Fitness Management & Consulting can be here for you every step of the way. All you have to do is contact us to get started!