Basketball To Business

Quick Break with Coach Myson: Overcoming Challenges in the Basketball Training Industry

Listen Later

What's up, basketball trainers?


Today, I’m just giving you an update to maintain consistency and connect with you all.

  • We're currently down 30% in trainees and revenue year over year, which isn't great news. However, we're improving our skills, systems, and team communication, which I'm happy about. We've had some growing pains with our lease relationship, but we're moving forward.
    • If you own your own gym, kudos to you! I haven’t experienced those specific challenges, but I understand both sides have their struggles. Right now, our rent is increasing by 50%, and we just moved all our equipment out of the gym.
      • Despite these challenges, I feel a sense of peace and excitement to continue learning and improving.
        • One key thing I’ve learned is the importance of "hiring" to buy back your time, as Dan Martell suggests. For instance, hiring a high schooler interested in business can help you focus on growth. Big companies spend a lot to identify problems, as defining them is half the solution.
          • Our 30% decrease could be due to factors like inflation, less organic content, or increased competition. This shows the need to execute wisely and develop skills for future opportunities.
            • Communication is a crucial skill in this industry, and I'm working on honing it through various sales and communication resources.
            • I usually harp on how business and basketball are similar, but there are also key differences that I'm realizing more and more.
              • Lastly, the 10-80-10 principle is essential: start and end with your trainees, but let others handle the bulk of the training so you can focus on other areas.


                • I hope you find this update helpful. Have a great 4th of July!

                ...more
                View all episodesView all episodes
                Download on the App Store
                Basketball To BusinessBy Myson Jones
                • 4.9
                • 4.9
                • 4.9
                • 4.9
                • 4.9

                4.9

                33 ratings

                More shows like Basketball To Business

                View all
                The GaryVee Audio Experience by Gary Vaynerchuk

                The GaryVee Audio Experience

                16,797 Listeners

                The Game with Alex Hormozi by Alex Hormozi

                The Game with Alex Hormozi

                4,393 Listeners