5 Ways to Increase Your Revenue Immediately - Business of Fitness Episode #66
Barbell Shrugged
Doug Larson
4.7 • 2.8K Ratings
🗓️ 29 July 2019
⏱️ 51 minutes
🧾️ Download transcript
Summary
JP owns and operates BRICK Fitness Co. Established in West Hollywood, LA. in 2010, BRICK rapidly expanded to tier one cities such as New York, Chicago and Boston. Applying a replicable, scalable and proven business model, JP has grown the company to license partners throughout the U.S. and several international partnerships.
JP got his start in membership-based business over 20 years ago after a decorated amateur and professional fight career. JP transferred his extensive athletic triumphs into teaching martial arts and soon thereafter opened his own commercial kickboxing training facilities. He quickly grew into one of the youngest multiple-school location owners in the U.S. Due to his great success in building strong communities and staff; he was sought after by some of the most esteemed Martial Arts academies. With a growing family of nieces and nephews Perelmutter was compelled to move back West. He sold his locations to the managers he had groomed and developed, of which still exist to this day.
Upon returning to Los Angeles, JP dove into the sport of functional fitness, a training methodology he had dabbled in during previous fight training. Instantly he had a newfound love. With a respectable run in competitive CrossFit JP was able to compete at the regional level as well as be one of the few to make it to the CrossFit Games several times over. Meanwhile his entrepreneurial spirit immediately saw an opportunity and hole in the functional fitness space. Using his tested and proven membership based business model he founded BRICK.
JP has a passion for sharing his business savvy methods to inspire, motivate and guide people to a healthier and wealthier way of life. His worldwide training and business endeavors has allowed him to gather an arsenal of powerful knowledge, teaching tools, and talents, which he has utilized to create a dynamic environment for his team and the communities he's built. In the past JP has teamed up with Jason Khalipia to hold Box to Business seminars aimed at counseling fitness business owners to develop their business to its potential. JP aspires to share his experience and knowledge with other affiliates since he lives by the mantra "rising tides raise all boats".
JP continues on his never ending quest of excellence while searching new opportunities to expand the BRICK landscape and provide great career growth for his professional team of which he considers family.
Brief Summary:
Absolute fire is being dropped this morning. Today Jason and JP discuss the five R's for increasing revenue: Referrals, Reactivation, Renewals, Retail, and Retention. These tools are applicable and easily executable by gym owners of any caliber. If you're trying to increase profit, build your business, community, and yourself—you don't want to miss this.
Minute Breakdown:
0-10 – How to Get Better at Asking for Referrals
10-20 – Reactivation and the "Second Chance Dance"
20-30 – Renewing Members Everyday
30-40 – Retail: The More They Buy the More They Buy-in
40-50 – Retention and Building Rapport
Get in touch with JP: jp@brick.fit
Find Jason at @jasonkhalipa
Work with Jason and the NCFIT Collective Crew at ncfitcollective.fit
Transcript
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| 0:00.0 | Hi everyone and welcome back to the business of fitness podcast. I'm Jason |
| 0:04.4 | Cleopan on today's episode. We have JP. JP is the founder of BRIC. He has |
| 0:09.6 | multiple locations including license partners which is really cool and he also |
| 0:14.2 | had started a ton of martial arts studios. His background is extensive in |
| 0:19.4 | terms of service-based business and I was listening to give him |
| 0:22.7 | presentation today and he spoke about the five hours. Five hours of revenue and |
| 0:27.5 | I'm like huh this is intriguing. I sat through the presentation I loved it and I |
| 0:32.1 | wanted him to come on the podcast and share with all of us today. Guys if |
| 0:35.3 | you're dialing in your business if you're looking for ways to increase your |
| 0:38.3 | revenue let's listen to the five hours whether you're in the coffee business |
| 0:42.5 | fitness business whatever there's always something we can learn from these |
| 0:46.4 | podcasts. I know always get great takeaways and I hope you enjoy this episode |
| 0:50.4 | as much as I did. Before we dive into it just want to remind you if you're a |
| 0:54.2 | gym owner out there and you have not checked out the NCFIT collective I all I |
| 0:58.8 | ask for you don't owe us anything but if you could I would really appreciate the |
| 1:03.6 | opportunity to try a two-week free trial and just see if we get earn your |
| 1:07.2 | business earn your trust. I'm confident it'll save you time and you can take that |
| 1:11.3 | time and put in other areas of your business like dialing in your five hours for |
| 1:16.1 | revenue. Shoot us an email to collective at NC.fit for more information or just |
| 1:21.6 | visit our website which is linked here in the show notes. Now let's get fired up |
| 1:26.4 | let's start having a great conversation with JP and let's keep rising the |
| 1:30.5 | ties. Let's go. |
... |
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