gym software

Join Michael Benso in this captivating episode as he explores the revolutionary impacts of Virtual Reality (VR) and Cryptocurrency in the fitness industry. Michael navigates through the exciting realms of immersive VR fitness experiences, urging listeners to explore and adapt to these transformative technologies. He also demystifies the complexities of cryptocurrencies, providing a practical guide on embracing this digital currency wave safely and confidently.

Get hands-on advice from Michael on setting up and securing your cryptocurrency wallets and delve into the fascinating world of Non-Fungible Tokens (NFTs). With his insightful guidance, learn how to safeguard your digital assets effectively and avoid common pitfalls.

Michael emphasizes the significance of staying abreast of technological advancements and adapting to remain relevant in the rapidly evolving fitness industry. He encourages engagement with innovative platforms and services, highlighting the inexorable move towards a technologically enriched fitness landscape.

For personalized guidance and support, discover how Buzops, devoted to pioneering future growth and technological adaptability, can enhance your transition to the fitness industry's revolutionary future.

Links Mentioned:

-The Fitness Business Podcast : THINKING AHEAD ROUNDTABLE: THE PROSPECTS OF AI, AR AND VR AND THE POTENTIAL IMPACT ON THE FITNESS INDUSTRY

- Coinbase: https://www.coinbase.com/

- MetaMask: https://metamask.io/

- Black Box VR: https://www.blackbox-vr.com/

This Podcast is Presented to you by BUZOPS Software! Your next-generation gym management software and operational system, meticulously engineered for gym owners who seek excellence and efficiency.

BUZOPS It’s designed to empower you to flawlessly automate administrative tasks and optimize access management to your facilities, synchronizing effortlessly with member accounts, staff management, class bookings, scheduling, individual services, and user-friendly comprehensive business reports.
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This year, we are Launching our “2024 The Year of GYM-Intel Profits Edge" campaign arming every BUZOPS user with the ability to effortlessly interpret and strategically leverage data directly from our platform. We firmly believe that the intelligent application of data isn't just an asset – it's your key to unlocking unprecedented competitive advantage.

👍Enjoy Free, all done for you - Systems Migration (This is a costly and tedious work, the reason why no other software companies offer it, but we do!)

👍FREE Training (Optional) for you and your staff to teach you how to set up your CRM and Sales pipeline. Talking about those leads call follow-ups 😉?

👍FREE Dedicated training for your staff : Upon onboarding we ensure that your team is not just familiar, but proficient with every facet of our software.This proficiency translates into t...

In this podcast episode, Michael Benso has an enlightening conversation with Shawn Stewart, a veteran entrepreneur in the fitness club industry, specifically in North Carolina where he operates six Fuel Fitness Clubs.

Shawn is not a novice in the industry; he has nearly 30 years of experience and has held executive-level positions before transitioning to an entrepreneurial role. He has been featured in Club Solutions Magazine where he also serves as an advisory board member; a testament to his extensive knowledge and profound insights in the fitness sector.

This is a two part episode. What You Will Learn

Part 1:

• Mastering Lease Agreements: Grasp the intricacies of escalators and rent abatement to negotiate win-win leases.
• Acquisition Strategies: Discover actionable strategies to acquire and merge fitness clubs successfully.

In Part 2, Michael and Shawn deepen their conversation to unravel the complexities of securing financing.

• Navigating Funding Challenges: Learn the real-world solutions to overcome financing hurdles and the inventive approaches to navigate them.
• Exploring Owner Financing: Understand the pros and cons of owner financing 
• The impact of your brand identity on exploring various financing options

Connect with Shawn Stewart:

• Email: Shawn.Stewart@fuelfitnessclubs.com
• LinkedIn: https://www.linkedin.com/in/c-shawn-stewart-61a841119/

This Podcast is Presented to you by BUZOPS Software! Your next-generation gym management software and operational system, meticulously engineered for gym owners who seek excellence and efficiency.

BUZOPS It’s designed to empower you to flawlessly automate administrative tasks and optimize access management to your facilities, synchronizing effortlessly with member accounts, staff management, class bookings, scheduling, individual services, and user-friendly comprehensive business reports.
💥💥💥💥💥

This year, we are Launching our “2024 The Year of GYM-Intel Profits Edge" campaign arming every BUZOPS user with the ability to effortlessly interpret and strategically leverage data directly from our platform. We firmly believe that the intelligent application of data isn't just an asset – it's your key to unlocking unprecedented competitive advantage.

👍Enjoy Free, all done for you - Systems Migration (This is a costly and tedious work, the reason why no other software companies offer it, but we do!)

👍FREE Training (Optional) for you and your staff to teach you how to set up your CRM and Sales pipeline. Talking about those leads call follow-ups 😉?

👍FREE Dedicated training for your staff : Upon onboarding we ensure that your team is not just familiar, but proficient with every facet of our software.This proficiency translates into t...

When Ameet Shah first introduced Wodify to the CrossFit community, he had his work cut out for him. Convincing a bunch of gritty, low-tech fitness die-hards to ditch the whiteboard and put up a TV screen was a tall order.

But he did it — and today Wodify serves more than 5,000 gyms around the world.

Ameet joined Chris Cooper to talk about his journey from crab-sales website designer (yes, you read that right) to tech start-up founder to business leader.

Links:

Wodify
Gym Owners United

Timeline:

1:01 – From MBA to ilovecrabs.com.

6:23 – Starting his first company.

7:42 – The birth of Wodify. 

12:05 – Convincing people to trade the whiteboard for a digital tracker.

16:55 – Learning from a $750,000 mistake.

19:34 – Funding Wodify’s creation. 

22:03 – Providing high quality with low overhead. 

24:21 – Developing Wodify’s culture. 

27:17 – Admitting mistakes.

33:21 – Communicating with customers, overselling, and the product roadmap.

40:58 – Why Wodify walked away from a partnership with CrossFit, LLC.

45:22 – From entrepreneur to boss to leader.

Episode 150 - The Wodify Affiliate Trend Report

A few months ago, Wodify released the results of its "CrossFit Industry Report" survey. The numbers caused a stir.

There are plenty of these surveys out there. Most are subjective: they ask gym owners what they think, or to self-report numbers. But this one is different: it's an objective look at data pulled directly from 4500 users' dashboards. And some of that data is downright scary.

Wodify has build their new Business Metrics Dashboard using TwoBrain metrics: ARM, LEG, and LTV. They're not an official TwoBrain partner, but TwoBrain gyms using Wodify do report a much easier time getting the metrics that matter every month.

So when the report showed an average LEG of 18 months, we were thrilled. Most of our data points to a lower number (around 13.4 months). While our data overlaps Wodify's, neither encompasses the entire affiliate spectrum. That data doesn't exist. The truth is probably a little higher than 13.4 months. While there are hundreds of very successful gyms in TwoBrain, gyms who start with us are often looking for help because they're in trouble. That means clients aren't sticking around long enough--a lower LEG score--and we work to fix that right away. So Wodify's LEG report was interesting. But it's ARM report was shocking.

According to the report, the Average Revenue per Member per Month is $84 at the gyms in the Wodify survey. That's extremely low. Most TwoBrain gyms are nearer the $200 mark, with some over $250. A gym with $84 would have to recruit and keep THREE TIMES as many clients as a gym with an ARM of $250...and do it with the same number of coaches. Obviously, that's a recipe for disaster.

So I indulged my curiosity and asked Olivia DiGiorgio about them. Olivia got her start by studying mathematics in college and began a career as a data scientist in the healthcare industry.  After falling in love with CrossFit, Olivia has since shifted to a more action-oriented application of mathematics and is using these skills at Wodify to help CrossFit gym owners better their business, customers, and athletes.  

Don’t Forget! Find out what stage of entrepreneurship you are in by taking the exclusive Two Brain test here: https://twobrainbusiness.com/test or schedule your free mentoring call by clicking here!

Links:

https://www.wodify.com/crossfit-industry-report-2018