2024 Growth Summit Recap

What sets the top 5% of gyms apart from the rest? This is truly a million-dollar question... or even better, a million-dollar-a-year question.

We might get the answer in this episode as Tim and Randy recap the 2024 Growth Summit held in Chicago at the beginning of September. It was an event where gym owners from all over the country came together to share and learn from industry leaders.

They didn’t talk about the flashiest equipment or the most intense workouts – they discussed the systems, strategies, and mindset behind the scenes that make everything in a gym run smoothly.

This time, Tim and Randy are talking about many topics covered at the Summit, and here are just a few of them:

• Creating a gym design that makes you stand out from your competitors
• Building systems that allow your business to grow without you being there 24/7
• Using emotional intelligence to lead your team
• The power of long-term financial strategies like infinite banking
• Why it's crucial to focus on profits – not just revenue

Want to know how to turn your gym into a well-oiled machine? Join Tim and Randy and learn what the top gyms are doing differently and how you can implement these strategies in your gym business.

Tune in now!

Key Takeaways:

• Intro (00:00)
• Growth Summit overview (00:45)
• Gym operating systems and marketing strategies (02:00)
• Real-time success stories from Summit attendees (04:16) 
• The importance of celebrating success in business (05:57)
• Emotional intelligence in leadership (09:39)
• Leveraging gym design as a competitive advantage (12:48)
• Wealth-building strategies through real estate and infinite banking (14:46)
• Mindset and business success (22:00)
• The next Growth Summit in Nashville (25:00)
• Closing remarks (30:56)

Additional Resources:

- Get your early bird ticket for the 2025 Growth Summit in Nashville 

- Get access to the 2024 Growth Summit recordings

- Tim's new book - Built to Win by Tim Lyons 

- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group

- A tool for deciding on new gym services – 5-Question Matrix 

- SOP in a Day Workshop 

- An app designed for semi-private training - Semi Private Pro 

- Check out our Switch to Semi-Private course 

- Business Accelerator Program  

- Learn more about The Iron Circle 

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