How to Buy Your First Gym | Bo DePaoli Saturday Edition E245
The Rich Somers Report
Rich Somers
5.0 • 1K Ratings
🗓️ 21 September 2024
⏱️ 27 minutes
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| 0:00.0 | There's a way to overcome no right if someone objects to pricing there's a way to overcome pricing if someone objects to the strategy there's a way to overcome the strategy |
| 0:11.2 | Right it's knowing how to talk to people and how to get out of people's |
| 0:15.2 | own way, right? That's literally the biggest thing when it comes to anything in sales, right? |
| 0:20.7 | As most people say no, because they either don't understand or |
| 0:23.8 | they're getting in their own way where they can't see the end result. So you |
| 0:27.0 | have to sell the end result. |
| 0:28.8 | Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building all while keeping it real. |
| 0:35.0 | No fluff, no BS. I hope that you enjoy the show. |
| 0:41.0 | All right guys, welcome to another episode of the report Saturday edition. I got my co-host today I got my man |
| 0:48.2 | Bo DiPolly, but welcome to the show brother. What's up buddy? Oh not a whole lot man excited we got a lift in this |
| 0:54.2 | morning and yeah I'm excited to talk about our topic today. Yeah. So a lot of people |
| 1:00.2 | on the fitness thing it's kind of booming right now. It's becoming |
| 1:02.8 | trendy, especially with the younger generation, this younger demographic. And I |
| 1:06.7 | would say it's definitely a growing industry from what I'm seeing. What are you |
| 1:09.8 | seeing on your end? Yeah, it's definitely a growing industry. I, look at how many brands are out there right now. You know, you figure 15, 20 years ago, you were down to maybe less than five major brands. Yeah, you would have your little ones in the in markets here and there, but now like I feel like there's gyms everywhere now, you know? |
| 1:27.0 | Yeah, literally. And you have a lot of experience in the gym industry being a gym owner, two gyms that you own out in Chicago for 10 plus years now. |
| 1:36.4 | For someone right now listening, you know, how to buy your first gym, get into the gym. |
| 1:40.3 | Is it better to buy an existing gym or go out there and start a gym from scratch? |
| 1:45.0 | So I think it depends on the model that you're going after. |
| 1:48.0 | So my gym model that I own are considered big box gyms. |
| 1:51.0 | Big box gyms meaning large square footage, you know, large |
| 1:55.4 | weight room, large cardio, a lot of amenities, you know, like child care tanning, all of the group |
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