Learn more about who is speaking at our next Live Mastermind Event on November 8th and 9th by CLICKING HERE!

Click here to download Vinces' Gabriele Quick Money Wins Guide

Episode Summary:

In this episode of the Ask Vince podcast, we kick things off with Vince Gabriel, who just completed a grueling 32-mile uphill ultra-marathon! Vince dives into the lessons learned from pushing through physical and mental limits, reflecting on how these experiences translate directly into the business world. He shares insights on building resilience and grit, explaining how facing challenges head-on strengthens you not only as a person but also as an entrepreneur.

Key highlights include:

The Power of Mindset: Vince talks about the importance of expecting and enduring difficult periods in both life and business. He uses his marathon experience as a metaphor for business, emphasizing that success comes when you're prepared for inevitable challenges.

Embracing Discomfort: Drawing inspiration from the book The Comfort Crisis, Vince stresses the importance of stepping out of your comfort zone and tackling a yearly challenge that forces personal growth.

Mastering the Art of Control: Vince reflects on how he learned to manage his emotions during the race, relating it to staying calm during business turbulence. This teaches valuable lessons about focus and resilience.

Business Strategy Takeaways: Vince wraps up with powerful lessons from his CEO Mastermind groups, where top gym owners learn how to cure worry by creating contingency plans and using data to drive business decisions.

Time Stamps:

• [00:00:00] Introduction and Vince’s ultra-marathon experience.
• [00:00:30] Mention of the upcoming San Antonio event.
• [00:01:00] Vince’s presentation: "Seven Business Screws that Need to Be Tightened."
• [00:02:00] The "Masogi" challenge and why Vince took on the 32-mile race.
• [00:03:00] Parallels between the race’s ups and downs and running a business.
• [00:04:00] Learning emotional control and resilience in life and business.
• [00:10:00] "Curing worry" by planning for worst-case scenarios.
• [00:12:00] Sponsorships as a marketing strategy from the CEO Mastermind groups.
• [00:14:30] Data-driven decision-making and solving the root cause of business problems.
• [00:16:00] Closing remarks and San Antonio event reminder.

If you're a gym owner seeking answers on how you can grow your gym, make more money, and have more freedom to do what you love, visit www.vincegabriele.com or book a call by CLICKING HERE!

Learn more about who is speaking at our next Live Mastermind Event on November 8th and 9th by CLICKING HERE!

Click here to download Vinces' Gabriele Quick Money Wins Guide

In this episode, Vince discusses the concept of creating high-value offers for gym owners, including the strategy of offering a $50,000 gym membership. He shares the story of how a gym owner that is in his Mastermind successfully sold a two-year membership for $50,000 to fund a new location, emphasizing the importance of making bold offers to your existing client base.

Vince also touches on creating premium membership packages that could include exclusive services like massages, personal training, and nutrition coaching. The episode highlights strategies for building bigger brands without large marketing costs, and how to leverage joint ventures with community leaders. Vince also dives into "Masogi," a personal challenge concept where one attempts something with a 50% chance of failure to build mental toughness.

Key Topics

$50,000 Gym Membership Strategy: Vince discusses the importance of creating high-ticket offers for gym owners, such as premium memberships, to generate significant revenue quickly.

Brand Building Without Big Marketing Budgets: Strategies for building a strong, recognizable gym brand in the local community without spending heavily on marketing.

Angel 101 List: How to leverage key relationships in the community to grow your gym, including forming joint ventures with local influencers and business leaders.

Proximity and Referrals: The power of staying front of mind through regular interaction, as demonstrated through Vince's story of receiving consistent referrals from an orthopedic surgeon.

Masogi Concept: The idea of taking on a challenging task with a high chance of failure once a year to build mental toughness and create defining life moments.

Jiu Jitsu and Life Lessons for Kids: Vince shares how Jiu Jitsu helps instill discipline and resilience in his children and how that aligns with the "Masogi" mindset.

Quick Money Wins for Gym Owners: Announcement of a free PDF with 14 strategies to quickly generate revenue for gym owners, with examples of how to implement these tactics.

Show Notes:

• [00:00:00] Introduction and mastermind event in San Antonio
• [00:02:00] Discussion of $50,000 gym membership and the "send the bill to the herd" strategy
• [00:05:00] Offering high-ticket memberships and creating premium programs
• [00:08:00] The Angel 101 list for building relationships and joint ventures in the community
• [00:18:00] Story about referrals from an orthopedic surgeon and the value of proximity
• [00:19:00] Vince's experience training for an ultra-marathon and the concept of "Masogi"
• [00:24:00] The importance of Jiu Jitsu for kids and personal growth through challenges
• [00:28:00] Announcement of the "Quick Money Wins for Gym Owners" PDF and where to find the link in the show notes.

If you're a gym owner seeking answers on how you can grow your gym, make more money, and have more freedom to do what you love, visit www.vincegabriele.com or book a call by CLICKING HERE!

Learn more about who is speaking at our next Live Mastermind Event on November 8th and 9th by CLICKING HERE!

In this podcast episode, I was interviewed by Michael Benso. We discussed the power of small group personal training and its business advantages. I explained why small group training can be more profitable than large group or one-on-one sessions, sharing insights on how to price services effectively, manage retention, and scale a boutique fitness business.

We also covered the importance of knowing your financials, hiring and leading the right team, and how running a gym can be a personal development journey. I emphasized the need for clear communication, both with clients and staff, and the value of emotional intelligence in business success.

Key Topics Covered:

• Transitioning from large group to small group training
• Pricing strategies for small group training
• The importance of knowing your financials in the fitness business
• The role of leadership in running successful gyms
• Personal growth and mindset for business owners
• Building a sustainable and profitable boutique gym

Show Notes with Timestamps:

[00:00:00] - Intro
Michael introduces Vince Gabriel and highlights his expertise in small group personal training and growing a fitness business.

[00:00:44] - Tony Robbins Event
Vince talks about attending a Tony Robbins event and how it impacted his personal and professional life.

[00:02:19] - Marriage as a Business Relationship
Michael and Vince discuss the importance of personal relationships in business success.

[00:03:40] - Small Group Training vs. Large Group
Vince explains the economic and strategic advantages of small group training over large group training.

[00:05:55] - Pricing Formula for Small Group Training
How to determine pricing for small group training using a percentage of one-on-one training rates.

[00:07:00] - The Role of Financial Data in Fitness Business
The importance of tracking financials to make informed business decisions.

[00:11:59] - How to Implement Small Group Training in a Large Gym
Advice on integrating small group training in an existing gym model and the importance of finding the right leader.

[00:19:00] - Pricing and Avoiding Common Pitfalls
The dangers of pricing small group training incorrectly and how it can impact profitability.

[00:28:02] - Psychology in Business Leadership
Vince touches on the importance of emotional intelligence and managing emotions as a business owner.

[00:32:00] - Client Dynamics in Small Group Training
Handling tricky situations, like addressing hygiene issues, and how personal dynamics can affect a training group.

[00:36:00] - Importance of Communication and Clarity
Vince shares how being clear in communication with your team is key to business success.

[00:39:44] - Wrap-up & Where to Find Vince
Vince offers a free digital copy of his book at SmallGroupPersonalTraining.com and shares details about his upcoming mastermind event in San Antonio, Texas.

Links:

• Free book: SmallGroupPersonalTraining.com
• Vince Gabriel's Website: www.vincegabriele.com

If you're a gym owner seeking answers on how you can grow your gym, make more money, and have more freedom to do what you love, visit www.vincegabriele.com or book a call by CLICKING HERE!