185. 13K/mo to 75k/mo with ONE SIMPLE Hack
The Fitness Business Podcast with Erin Dimond and Jordan Dugger
Erin Dimond and Jordan Dugger
4.6 • 667 Ratings
🗓️ 10 December 2020
⏱️ 23 minutes
🧾️ Download transcript
Summary
Erin flying solo on this one to drop some statistics and math that are a) going to blow your mind and b) when you start to apply this in your business, massive changes will happen fast to your income. We'll leave you with this cliffhanger, "Client retention is the number #2 way to grow your business." Find out what is #1 in this episode.
Time Stamps:
(1:47) Scrolling Through Feed to Get Clients
(2:07) How the Formula Helps
(3:56) Grow or Die Equation
(6:55) Focusing on Outflow
(10:26) 20% Churn Rate Example
(15:56) The Magic of Referrals
(18:32) Chart Walkthrough
________________________________________
Learn More About Impact Fitness Coaching Academy….
How We’ve Helped More Than 725 Fitness Coaches, Experts, and Influencers Grow a 5-35k Per Month Online Fitness Business Without Paid Ads, Complicated Funnels, or Even Having a Large Social Media Following
For More Info → CLICK HERE
________________________________________
Want 30+ Hours Of Course Content You Can Use To Either Start, or Scale Your Online Coaching Biz Today? - FOR FREE
To Access, Join Our Fitness Business Secrets™ Private FB Group and Receive
To Join For Free Click → JOIN THE FIT-BIZ SECRETS FB GROUP
The Free Mini-Course Includes: [$4,995.00 Value]
✅ How We Generate 300k/ Mo From a Free FB Group
✅ Our Instagram Secrets Masterclass - How To Use IG To Generate 10-30 New Clients Every Month + Grow an Engaged Loyal Following.
✅ What systems, apps, and processes we use in our own business and in the 700+ IFCA client businesses we’ve helped to structure and streamline.
✅ Our Top 10 Organic Fitness Posts That Have Generated More Than 45,675 Likes, 2,560 Comments, and 1,876 New High-Paying Fitness Clients in our Own 7-Figure Online Fitness Business.
✅ Our Done-For-You Content Calendar 100+ Posting Ideas Guaranteed To Bring You Pre-Sold Leads, Grow Your Following + Create REAL Authority and Connection Online.
✅ How To Craft An Offer That Sells Itself - 5 Keys To an Irresistible “Switch Offer”
✅ Our Objection Handling Masterclass - How To Eliminate “I can’t afford it” + “I need to talk to my spouse”
To Join For Free Click → JOIN THE FIT-BIZ SECRETS FB GROUP
________________________________________
Join Us at the Next Fit Biz Conference to learn from the Top Fitness Entrepreneurs & Coaches How To Start, Grow, and Scale a Wildly Profitable Fitness Coaching Business!
Early-Bird Pricing Now Available!
To Learn More About The Next Live Fit-Biz Conference Event → CLICK HERE
________________________________________
GIVEAWAY! Leave a rating + review on iTunes, and Have a Chance To Win a $200 Amazon Gift Card + Special Prizes!
Winners Announced Monthly on The Episode.
Simply leave a review, and send a screenshot to the Fit Biz Podcast Instagram Page!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What is up guys? Welcome back to full state of mind podcast. It is just me, Aaron, here today. And I have something really, really cool to talk to you guys about today. We're going to talk all things client retention. And I'm going to share with you a little formula that absolutely blew my mind. And I'm presenting on this this weekend at the Impact Accelerator 2020. Well, by the time |
| 0:22.9 | you hear this, it was probably last weekend for a group of 50 past IFCA students, passed, and |
| 0:29.5 | just gotten through the current round of IFCA students. And within IFCA, we focused really heavily |
| 0:34.4 | on sales, marketing, how to obtain clients. And then towards the end, |
| 0:38.8 | we're like, hey, don't forget about this really, really, really important part in your business, |
| 0:42.9 | which is client retention. So I'm really excited to talk to you about this today. I really |
| 0:48.2 | nerded out over the matter of like six hours. And if anyone's ever bought a home or gotten a mortgage you know the how they have like an |
| 0:57.2 | amortization schedule that show you like hey if you make this many payments it'll be paid off in this |
| 1:02.4 | amount of time here's the principal here's the interest all of that stuff and then you know if you make |
| 1:07.4 | like one extra payment then it all like the thing goes, goes away and it starts over. |
| 1:12.4 | I basically made these three visuals, and I'm going to explain them today, but in terms of what it |
| 1:18.2 | looks like with like 10% retention rate of your clients, 20% retention rate of your clients, |
| 1:23.5 | and then something fucking magical happens when we start asking for referrals. And I'm going to explain all of that. But this is the number one way to grow your business. This equation right here, focusing on retention and referrals. Now, obviously, you have to get clients in the first place to then even worry about retention. And if you're like, hey, I'm struggling to get clients, |
| 1:44.6 | scroll through all of the episodes we have on Full State of Mind, |
| 1:47.9 | gosh, there are probably a dozen episodes that are going |
| 1:50.7 | to teach you how to actually get clients. |
| 1:52.1 | So in this episode, we're talking all about how |
| 1:54.4 | to grow your business through retention. |
| 1:56.5 | So I'm going to try to keep this short to the point. |
| 1:58.9 | And then we will do another podcast talking about ways to improve retention. |
| 2:02.2 | But I just want to share this formula with you that absolutely blew my mind. |
| 2:05.4 | So first off, using this formula, this is how it helps us with three things. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Erin Dimond and Jordan Dugger, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Erin Dimond and Jordan Dugger and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.