
Four big mistakes I've made managing gyms (and what I've learned)
·15 min·1 clip
Jack Thomas reveals four critical mistakes he made running gyms over 10 years, starting with failing to back his staff.
As heard by us
Jack Thomas explains why an opening gym discount can be hard to unwind.
Jack Thomas opened his first studio with a discount that brought in clients but left him short of the membership price in his projections. Some paid 20% below market rate. When he cut the discount to 15%, many resisted. The same thing happened at 10%.
Why you'd press play
If you're pricing a new gym, hear how a 20% below-market opening offer became hard to unwind.
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