31 min
The Benchmarks Million Dollar Studios are Aiming For �� Geronimo Unfiltered
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- Entrepreneurship
The first thing we notice about studios that fly and exceed all of their targets, is they know what to aim for.
For some of you, you might already have some benchmarks that HQ or an industry report has given you, for others if I asked you your rollover % right now you’d have no clue what I was talking about.
I opened up an industry benchmark report the other day and the numbers SHOCKED ME, some of them were literally 60% lower than what we set as a target for our gyms and studios to hit.
But it makes sense right? The industry average is exactly that. The average number that average studios are hitting, and right now - more than ever before an average studio is just one quarter away from shutting their doors. If you want to outstrip your competition and move forward in your business you need to aim for MORE.
So in this episode, we are going to tell you the ACTUAL benchmarks we give to our studios, the numbers they strive for and the things that they focus on to move the needle.
If you are ready to make a change and get on track to become a million-dollar studio WHILST also creating a life you love, grab a pen and paper and write down the tips we give you in this one.
You’ll hear:
What our studios did to grow by 300 members in ONE MONTH
The ACTUAL reason you have a churn problem and how to fix it
HOW to introduce these benchmarks to your team & get them onboard
… and a whole lot more
If you want to know the 7 targets 7-figure studios aim for email heydoza@geronimoventures.com with the SUBJECT: BENCHMARKS
And as a listener of the pod, book in for your FREE 20 minute TUNE UP to get you on the right track here.
WANT MORE:
To say thank you for listening to the pod we’re offering a FREE 3-Step Action Plan for your gym or fitness studio, which you can book here.
Find out more about working with the Geronimo team at thegeronimoacademy.com
Want to follow along behind the scenes? Check out @thegeronimoacademy and @hey.doza
The first thing we notice about studios that fly and exceed all of their targets, is they know what to aim for.
For some of you, you might already have some benchmarks that HQ or an industry report has given you, for others if I asked you your rollover % right now you’d have no clue what I was talking about.
I opened up an industry benchmark report the other day and the numbers SHOCKED ME, some of them were literally 60% lower than what we set as a target for our gyms and studios to hit.
But it makes sense right? The industry average is exactly that. The average number that average studios are hitting, and right now - more than ever before an average studio is just one quarter away from shutting their doors. If you want to outstrip your competition and move forward in your business you need to aim for MORE.
So in this episode, we are going to tell you the ACTUAL benchmarks we give to our studios, the numbers they strive for and the things that they focus on to move the needle.
If you are ready to make a change and get on track to become a million-dollar studio WHILST also creating a life you love, grab a pen and paper and write down the tips we give you in this one.
You’ll hear:
What our studios did to grow by 300 members in ONE MONTH
The ACTUAL reason you have a churn problem and how to fix it
HOW to introduce these benchmarks to your team & get them onboard
… and a whole lot more
If you want to know the 7 targets 7-figure studios aim for email heydoza@geronimoventures.com with the SUBJECT: BENCHMARKS
And as a listener of the pod, book in for your FREE 20 minute TUNE UP to get you on the right track here.
WANT MORE:
To say thank you for listening to the pod we’re offering a FREE 3-Step Action Plan for your gym or fitness studio, which you can book here.
Find out more about working with the Geronimo team at thegeronimoacademy.com
Want to follow along behind the scenes? Check out @thegeronimoacademy and @hey.doza
31 min