The Wealthy Gym Owners Podcast

Pat Rigsby

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.

  1. Wealthy Gym Owners - 66 - Why You Don't Feel Ready for a $500k Gym

    FEB 19

    Wealthy Gym Owners - 66 - Why You Don't Feel Ready for a $500k Gym

    Why You Don't Feel Ready for a $500K/Year Gym (and How to Break Through) In this episode of The Wealthy Gym Owners, Doug and Pat explain why many gym owners earning $100K–$300K per year feel overwhelmed by the idea of running a $500K+ gym. They emphasize that growth in the service industry is gradual, not an overnight leap, and that owners should set realistic expectations, identify their personal "sweet spot," and define what they want from the business—including income goals and the role they want to play as the gym scales. They discuss how scaling requires an identity and responsibility shift into consistent marketing, team leadership, and more structured operations, and how staying small (often under $20K/month) may be less durable as competition rises, client acquisition costs increase, and retention becomes harder. They also note that economic realities have changed: a $100K net owner benefit typically requires roughly $300K–$400K in annual revenue, and higher pricing is more normal than it used to be. They conclude that it's normal not to feel ready for bigger goals, but owners can prepare by adopting the behaviors, habits, and systems of those already at that level and by getting coaching and accountability—highlighting weekly accountability as a key driver of implementation. 00:00 Why $500K Feels Intimidating (and Why Owners Get Stuck) 01:00 Set Realistic Expectations: Growth Is a Gradual Climb 01:45 Find Your 'Sweet Spot': What You Actually Want From the Business 02:53 Identity Shift: Leaving the Comfort Zone to Lead, Market, and Manage 05:20 The New Reality: What You Must Earn (and Why $20K/mo Isn't Durable) 08:34 Pricing Has Changed: $199–$300 Memberships Are the New Normal 09:43 You're Not 'Ready'—You Get Ready: Systems, Environment, and Targets 11:50 Accountability & Coaching: Implementation That Keeps You Moving 12:42 Wrap-Up: The Solution If You Don't Feel Ready

    13 min
  2. Wealthy Gym Owners - 60 - Creating Cash and Clients

    JAN 8

    Wealthy Gym Owners - 60 - Creating Cash and Clients

    Get more at WealthyGymOwners.com Unlocking the Weekly Client Machine: How to Generate Cash and Clients for Your Fitness Business  In this episode, Pat shares insights from working with private clients, unveiling a streamlined weekly plan that keeps the client pipeline moving. Topics covered include creating effective lead magnets, making irresistible offers, the importance of impulse buys, and the strategy behind a three-day promotion. He discusses various outreach methods like phone, text, email, and voicemail drops, as well as the concept of rotating weekly actions such as referral invitations and public client recognition. The episode also delves into how to package offers, splinter services, and leverage different distribution channels to maximize client acquisition and business growth. For more information on building wealth with a fitness business, visit wealthygymowners.com. 00:00 Introduction and Overview 00:26 Streamlined Weekly Client Machine 01:23 Creating Irresistible Offers 04:04 Onboarding and Follow-Up Strategies 08:56 Weekly Offers and Engagement 14:59 Small Commitment Offers 24:28 Promotional Calendar and Deadlines 35:12 Understanding Your Unique Value Proposition 36:18 Qualifying Clients Beyond Finances 37:41 The Importance of Fit and Desire 39:25 Low Commitment Offers and Their Value 41:00 Testing and Adjusting Offers 42:58 Handling Pricing and Client Expectations 46:00 Adapting to Market Changes 56:22 Unbundling and Adding Value 01:04:30 Leveraging Distribution Channels 01:11:36 Hiring and Training for Client Satisfaction

    1h 14m

About

Pat Rigsby and Doug Spurling are two successful entrepreneurs who are here to give you tips and advice to build wealth through your fitness business.