Logo
    Search

    4 Client Milestones 🎯🎯🎯🎯...And How To Hit Them All | Ep 118

    enApril 02, 2019

    Podcast Summary

    • Help new clients connect within gym community: Encourage new clients to connect with gym members and trainers in first weeks to build accountability and support network, reducing dropouts and strengthening gym community.

      Gym owners and fitness professionals should focus on helping new clients connect within the gym community during the first critical weeks to reduce the risk of dropouts. This is one of the four client milestones identified by Gym Launch, which also includes communications and processes that support this goal. The first seven days are crucial in fitness businesses, as new clients are most at risk of leaving due to overwhelm or lack of understanding. By encouraging new clients to connect with other gym members and trainers, they create accountability and build a support network that can help them stay engaged and committed to their fitness journey. This not only benefits the individual client but also contributes to a stronger gym community and improved business retention.

    • Creating a Strong Customer Connection: Personalized communication, community building, reaching out to new clients, encouraging referrals, and catering to unique customer needs can all help build a strong customer connection, leading to increased loyalty, positive word-of-mouth, and business growth.

      Building a strong connection with customers is crucial for business success. This can be achieved through personalized communication and creating a sense of community. For instance, reaching out to new clients before their first day to introduce yourself and make them feel welcome can go a long way in establishing a connection. Additionally, encouraging referrals and testimonials from satisfied customers can help attract new business. These active buyers often become influencers and can significantly boost your customer base. However, not all customers behave in the same way. Some may not be as enthusiastic about referring others but still value the product or service. It's essential to cater to each customer's unique needs and give them opportunities to engage with your brand in a way that suits them best. Overall, prioritizing customer connection can lead to increased loyalty, positive word-of-mouth, and a thriving business.

    • People refer for status and relational capital: Focus on delivering exceptional experiences and building strong relationships to encourage referrals, as people are more likely to refer businesses that make a positive impact worth sharing.

      People refer others to businesses primarily to increase their own status and relational capital. This means that providing good enough service is not enough to encourage referrals. To stand out and be exceptional, businesses need to go above and beyond, creating a positive impact that is worth sharing with others. The fear of making a bad referral and losing relational capital is a significant barrier for many people. Therefore, focusing on delivering exceptional experiences and building strong relationships with customers is crucial for generating referrals. The first step in this process is making a connection and bringing new people into the community.

    • Fostering Connections for Business Success: Building connections through events, referrals, testimonials, and sharing experiences can significantly increase customer retention and business growth.

      Building connections is crucial for business success and customer retention. For a gym business, hosting events and encouraging attendees to connect with each other can significantly increase the likelihood of customers staying. These connections also provide valuable problem-solving opportunities and create better support systems, leading to better outcomes for everyone involved. Another important aspect is referrals, testimonials, and sharing experiences. Entrepreneurs and business owners can help spread the word about valuable resources, such as podcasts, by leaving reviews and sharing them with their networks. This not only benefits the content creator but can also positively impact others who may discover the resource through these actions. When it comes to collecting testimonials, it's essential to understand the context. In a fitness business, for instance, asking for progress updates and sharing success stories can help provide valuable feedback and showcase potential results to potential customers. This approach not only benefits the business but also encourages a sense of community and collaboration. In summary, fostering connections, encouraging referrals, and sharing experiences are vital components of business growth and customer satisfaction. By focusing on these areas, businesses can create a positive impact on their customers and their own success.

    • Collecting and utilizing effective testimonials: Dedicate a team member to collect daily testimonials, share them during team huddles for continuous learning and improvement, and foster a culture of open communication and recognition.

      Collecting and utilizing effective testimonials is crucial for business growth and improvement. The speaker emphasizes that providing a clear structure for testimonials allows for more useful feedback and better communication between businesses and their clients. At Gimme 1, they prioritize this process by dedicating a team member to collect testimonials daily and share them during team huddles. This not only acknowledges the team member's hard work but also allows for continuous learning and improvement. By implementing a similar process, businesses can foster a culture of open communication, recognize individual contributions, and ultimately, provide better services to their clients.

    • Recognizing and celebrating success stories within a team: Connecting individuals and celebrating achievements boosts motivation, engagement, and a sense of community, leading to a high-performing and accountable team.

      Recognizing and celebrating achievements and success stories within a team or organization plays a crucial role in fostering motivation, engagement, and a sense of community. This can be achieved through various means, such as a reward system, weekly meetings highlighting client wins, and milestone celebrations. By connecting individuals within the organization and encouraging referrals, a positive and productive work environment can be cultivated. The importance of this approach goes beyond marketing and sales, as it helps build accountability, camaraderie, and a shared sense of purpose. In essence, recognizing and celebrating success stories is an essential component of creating a high-performing and engaged team.

    • Effective gym marketing through referrals and testimonials: Deliver a high-quality product or service, rely on referrals and testimonials, and consider reselling or ascension strategies to grow a gym business.

      While marketing and sales are important aspects of any business, including gyms, delivering a high-quality product or service and relying on referrals and testimonials can be even more effective. The speaker mentioned that their funnel has remained the same for two years, and that a significant number of attendees at their summit were referred by other gym owners. They emphasized the importance of connecting with potential customers, getting referrals, and using testimonials to build trust and credibility. Additionally, the speaker discussed the concept of reselling or ascension within the context of a gym business. At a basic level, this can mean transitioning from a front-end program to a more comprehensive or advanced offering. However, the speaker also mentioned that there are really three different ways to approach reselling or ascension in a gym business. These may include offering additional services or upselling existing members to higher-level memberships, as well as cross-selling or bundling multiple services to attract and retain more customers. Overall, the speaker emphasized the importance of focusing on delivery and fulfillment, as well as leveraging referrals and testimonials to grow a gym business.

    Recent Episodes from The Game w/ Alex Hormozi

    Why You Should Document Your Business Mistakes | Ep 731

    Why You Should Document Your Business Mistakes | Ep 731

    "I can't keep repeating these same mistakes... I have to find a way to learn from this." In this episode, Alex (@AlexHormozi) breaks down the importance of documenting failures in business & the process he's been doing for over a decade that he attributes much of his success to.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:52) An Interesting Thing Happened...

    (4:15) Small Business Owners Have This Problem

    (10:00) What I Learned From ALAN

    (13:25) How this helps with Content

    (17:39) Biggest Meta-Lesson

    (20:03)Document Everything Publicly

    (26:24) Bonus Q&A

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    9 Things Top Sales People Do Differently | Ep 730

    9 Things Top Sales People Do Differently | Ep 730

    "The perfect salesperson would take maximum calls, have maximum conversion rate, and have maximum consistency." In this episode, Alex (@AlexHormozi) breaks down the 9 things that top salespeople do differently. These are observations from building multiple 7 and 8 figure sales teams across his companies and the Acquisition.com portfolio.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (00:39) - Maximise Hours (#1)

    (2:53) - Pull Up Calls (#2)

    (5:47) - The 2 Sop’s (#3)

    (6:40) -  BAM FAM (#4)

    (10:18) - Multiply Your Leads (#5)

    (12:50) - Pre-Call Prep (#6)

    (16:16) - Take Notes (#7)

    (17:17) - Talk Less Sell More (#8)

    (22:13) - Breathe The Script (#9)

    (26:10) -  Kill The Zombies (#10)

    (34:03) - Ask Hard Questions (#11)

    (36:55) - Ask Again (#12)

    (41:17) - See Everything As A Skill (#13)

    (42:07) - Kill For Sport (#14)

    (44:47) - Track Data (#15)

    (49:23) - Never Blame Circumstances (#16)

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    7 Obscenely Easy Ways to Get New Customers This Week | Ep 729

    7 Obscenely Easy Ways to Get New Customers This Week | Ep 729

    "These have made me millions of dollars." In this episode, Alex (@AlexHormozi) breaks down 7 different tactics for getting customer referrals, which are an incredible way of getting leads because they close at higher rates, stay longer, buy more, and also are usually FREE.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (00:23) Ask customers who else they know after a sale

    (7:54) Offer a discount to customers in exchange for introductions

    (10:28) Offer more free services

    (11:07) Offer them money

    (12:52) Referral at success

    (15:02) Handwritten card

    (17:28) "Spouse program"

    (18:41) BONUS!

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Are You Being Insulting Without Realizing It? | Ep 728

    Are You Being Insulting Without Realizing It? | Ep 728

    "Instead of talking sh*t behind someone's back, talk it to their face." In this episode, Alex (@AlexHormozi) shares the valuable distinction between insult and critique and breaks down how to have tough conversations with your team when you're trying to get better together.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:44) Life changing concept

    (2:06) How do you give feedback without being insulting?

    (4:30) Mock critique conversation

    (7:10) Real story of someone who became an *sshole

    (13:45) How this can make organizations stronger

    (16:41) Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Maybe You're Not Good Enough (Yet) | Ep 727

    Maybe You're Not Good Enough (Yet) | Ep 727

    In this episode, Alex (@AlexHormozi) shares a brutally honest truth that you should consider. If you've been doubted, if you've lost a sale, if a conversation didn't go your way... That maybe it's not someone else's fault. Or the circumstance. Or a bias someone has against you. If you want to have the impact you say you want, maybe you need to get better.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:40) Examples of "needing to get better"

    (3:17) It might not be because of bias

    (4:35) Examples from when I needed to get better

    (8:17) Get honest with yourself

    (15:58) "What would it take?"

    (21:30) Beat your victim mentality away

    (22:00) Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    How to Build a Valuable Business You Can Sell Someday | Ep 726

    How to Build a Valuable Business You Can Sell Someday | Ep 726

    "Keep the Goose, Sell the Eggs." Today, Alex (@AlexHormozi) shares a valuable framework for understanding if your business is sellable, and if it has multiple components of it, which could be the most valuable aspects of it to sell.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps

    (00:24) - Story of someone trying to sell his business

    (01:16) - The Golden Goose

    (03:24) - The Big Picture You Have to Understand

    (06:21) - How to Verify What Your "Goose" Is

    (9:56) - Mrbeast Holdco Example

    (14:38) - How Rollups Work

    (18:42) - Closing Remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    This Isn't Fun But it Will Make You So Much Money | Ep 725

    This Isn't Fun But it Will Make You So Much Money  | Ep 725

    "You can't be busy and be broke. Pick one." Today, Alex (@AlexHormozi) speaks about one of the core ways to scale as a small business - do the unscalable. It's a belief that holds many back that are scared of doing work that won't be feasible at a different revenue number.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:43) - People being scared of doing the scalable

    (4:06) - You can't be busy and be broke. Pick one

    (4:40) - Two most powerful questions to ask your customers

    (11:30) - Don't copy the time management of rich people

    (13:30) - Doing the unscalable

    (20:13) - Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Your Business Is NOT What You Think It is | Ep 724

    Your Business Is NOT What You Think It is | Ep 724

    “People don’t know the actual business they’re in.” Today, Alex (@AlexHormozi) dives into the core elements driving business success, emphasizing the significance of sales, marketing, brand, media, and distribution. Using real-world case studies, he illustrates strategic pivots and the importance of recognizing unique business challenges, offering invaluable insights for entrepreneurs, gym owners, software developers, and supplement companies.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:22) - Understanding the gym business

    (2:54) - Lessons from the software industry

    (5:12) - The cleaning business revelation

    (8:52) - Scaling service-based businesses

    (12:48) - The hard truths of entrepreneurship

    (20:23) - Maximizing enterprise value

    (23:48) - Case study: The canned cocktail business

    (26:21) - The importance of repeat customers

    (30:42) - The hail mary strategy

    (36:13) - Confronting the real problem

    (38:09) - Concluding thoughts

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    How to Recover From Huge Mistakes in Business | Ep 723

    How to Recover From Huge Mistakes in Business | Ep 723

    "Messing up is a part of business.” Today, Alex (@AlexHormozi) discusses the significance of managing business mistakes effectively and transforming negative customer experiences into positive ones. He highlights strategies such as prompt accountability, issuing refunds, and delivering exceptional service, fostering loyal customers and boosting business reputation.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (1:11) - Story 1: The bent gym equipment

    (2:41) - Story 2: The Ritz-Carlton experience

    (5:07) - Principles for handling mistakes

    (10:49) - The angry boat concept

    (11:54) - Going above and beyond

    (16:41) - Empowering employees to fix mistakes

    (20:50) - Turning mistakes into opportunities

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    This Idea Will Make Your Business Unstoppable | Ep 722

    This Idea Will Make Your Business Unstoppable | Ep 722

    “It’s not that you have anxiety, it’s that you didn’t do the work that you know you should have done.” Today, Alex (@AlexHormozi) highlights the crucial role of thorough preparation in achieving success in various fields like sales, marketing, and customer success. By reshaping views on effective preparation, Alex provides valuable insights to help alleviate anxiety and imposter syndrome, ultimately enhancing performance and enabling listeners to excel in their endeavors.

    Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

    Timestamps:

    (0:37) - The importance of preparation

    (2:01) - Types of preparation

    (5:33) - Consulting and preparation

    (8:35) - Ad preparation and scaling

    (18:40) - Preparation for one-time events

    (25:12) - Final thoughts on preparation

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition

    Related Episodes

    15: Retail In The Time Of Social Distancing - ASMM Small Business Connections

    15: Retail In The Time Of Social Distancing - ASMM Small Business Connections

    What is it like to own a retail store in the midst of social distancing? Heather Summers of Park Home in Severna Park, Maryland joins us to talk about the steps she has been forced to take to keep her business running in the midst of this pandemic. Heather shares how she leads in this time of crisis.

    The Small Business Connections Podcast is hosted by Ann Brennan, owner of ASMM Digital Marketing. The podcast was created as a means of helping her clients build a community around their brands. Since its inception, the podcast has grown to include guests from around the world. To be on the show, please message Ann directly through LinkedIn.

    Thanks for listening. Be sure to subscribe.

    The Power of Social Proof to Drive Buying Decisions

    The Power of Social Proof to Drive Buying Decisions

    In a world where people have less time and more options, social proof plays an important role. It can help you to capture attention and convert prospects into customers. 

    In this episode we explore 5 different ways you can quickly and effectively provide proof of your expertise. 

    Research shows that more than 70% look for social proof that a brand can deliver on it's promises before they make their buying decision. 

    If you want to win more business, you need to offer more social proof. Listen now to find out how to do it.

    How Do You Get More Customer Testimonials for Your Local Small Business

    How Do You Get More Customer Testimonials for Your Local Small Business

     

    EPISODE 157 of The Local Small Business Coach Podcast

    Today’s Tip - How Do You Get More Customer Testimonials for Your Local Small Business

     

    In today’s episode:

    ​We all know that our businesses live and die on what our customers and clients tell others. But next to in-person testimonials, the next best thing are the testimonials people leave on various websites. In this digital age, your testimonials are gold to help you find new folks to service. Let's discuss how you can go about getting some testimonials. Yes, even us introverts can do this!

    Thanks for listening!

    Tammy

    ~~~~

    The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in take home pay. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.

    HELPFUL LINKS

    Website: LocalSmallBusinessCoach.com

    Get your free Business Health Check PDF at LocalSmallBusinessCoach.com/businesshealthcheck

    Have an Idea for a Show or Have a Question? Email me at tammy@LocalSmallBusinessCoach.com

    Our Training Materials for Local Small Business Owners:  TrainingforLocalSmallBusinessOwners.com

    Starting a Local Small Business Website:  StartALocalSmallBusiness.com

    Get Your FREE eBook - 8 Steps to Increasing Your Profits in Your Local Small Business

    Follow Me on Twitter @tadams4u

     

    AFFILIATE LINKS

    Build a Website with BlueHost

    Get a FREE Audiobook! Take your Business Books on the Road with You!   CLICK to GET YOUR FREE AUDIOBOOK

    My Recommended Bookkeeping Program for Local Small Business Owners: Freshbooks Link

     

     

    WHO THIS PODCAST IS FOR:

    local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams

    ~~~

     

    122 | (HOT SEAT) 15 Clients Away From Financial Freedom

    122 | (HOT SEAT) 15 Clients Away From Financial Freedom

    Register for the free Obvious Choice Business Summit at www.obviouschoicesummit.com

    Stop trying to win the internet and simplify your business. This summit features 30 speakers ranging from $100M business owners, 7-figure mompreneurs, and leaving authors / researchers on happiness, focus, attention, and family.

    --

    As you grow your business while working a "day job", you might find yourself in a state of limbo where you're transitioning from your regular job to your business full time.

    You may not need as many clients as you think to fully transition and getting them is a lot easier than you think. 

    • The single most significant marketing strategy
    • How to make the perfect program with language your ideal client will relate to
    • Generating referrals while improving adherence

    --

    The Obvious Choice is presented by QuickCoach - free, professional software for fitness and nutrition coaches that elevates the value of what you do. QuickCoach delivers a streamlined, good-looking program every time. Join 32,000+ users and claim your free account at www.QuickCoach.fit whenever you're ready.

    --

    And if you're stuck in a place where the life you want to live feels miles away, you're not alone. Join 72,000+ high-impact, low-stress trailblazers, business pros, and coaches who've equipped themselves with 5 REPS FRIDAY, one of the most popular newsletters in the world for fitness and health professionals. Sign up for 5 REPS FRIDAY to receive the most coaching experience per word of any newsletter on the web. Each issue lands in your inbox with 2 business tips, 2 coaching concepts, and an inspirational quote. Check it out and sign up at theptdc.com.