In this episode, we sit down with Liam Walsh, a long-standing FMA client and successful gym owner. Liam shares his incredible journey, from starting as a personal trainer and running bootcamps to building a six-figure fitness business. Discover how he overcame financial struggles, embraced risk, and used resilience to scale his gym to new heights. Whether you're just starting or looking to grow, Liam’s story is a must-listen for gym owners and online coaches.
Key Highlights:
- How a marquee gym can hit £16k/month revenue. - Why risk-taking is key to business success. - The power of community in fitness entrepreneurship. - How SGPT boosted client retention. - Strategies for mastering sales and marketing.
This episode is proudly sponsored by our partners at Over+Above. If you would like to find out more, check out their website here: https://www.oaperformance.com/ and their Instagram here: https://www.instagram.com/overandabove_performance
To find out how Fitness Marketing Agency can help your Fitness Business, book a demo call using the link below: https://fitnessmarketingagency.com/fmademo?sl=podcastdescription
Connect with Fitness Marketing Agency on Instagram: https://www.instagram.com/fitnessmarketingagency
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00:00:00 - Introduction
00:00:05 - Liam's Journey to Fitness Business
00:00:49 - Sponsorship Message
00:01:43 - Interview Begins
00:01:54 - Liam's Early Career and Challenges
00:10:59 - Starting a Bootcamp
00:12:59 - Struggles with Business Growth
00:15:26 - Joining FMA
00:19:02 - Risk Taking in Business
00:19:45 - The Importance of Community in Business
00:21:01 - Transitioning from Bootcamps to Small Group Training
00:21:50 - Adapting to Change and Overcoming Challenges
00:22:57 - The Power of Personal Sales Ability
00:30:07 - The Art of Conversation in Sales
00:34:26 - The Importance of Following a Sales Structure
00:34:56 - Delegating Sales and Achieving High Conversion Rates
00:36:02 - The Necessity of Calling Leads
00:37:59 - Persistence in Sales
00:38:23 - Importance of Resilience and Focus
00:38:44 - Securing a Contract
00:39:47 - The Power of Persistence
00:39:59 - The Value of Leads
00:40:22 - Building a Successful Business
00:40:57 - The Importance of Conversion Rate
00:42:10 - Building a Business from Scratch
00:42:16 - The Revenue Breakdown
00:42:29 - Searching for a New Venue
00:45:51 - The New Venue
00:50:45 - Investing in the Facility
00:52:12 - Raising Funds for the Facility
00:54:18 - The Ambassador Program
00:54:55 - The Ambassador Membership
00:55:23 - Securing Initial Investments
00:56:11 - Raising More Funds
00:56:51 - Securing the Funds
00:57:01 - Waiting for the Funds
00:57:24 - Reflection on Past Financial Challenges
00:57:43 - The Ambassador Program
01:02:59 - Reflection on the Journey
01:05:09 - Challenges in Building the Gym
01:09:57 - Overcoming Challenges
01:11:56 - The Gym's Layout
01:13:35 - Key Advice for Success
01:13:40 - Creating a Motivating Environment
01:14:20 - Facility Layout and Design
01:14:30 - Training Studio and Space Utilization
01:15:16 - Timetable and Group Sessions
01:15:43 - Pre-Launch and Target Signups
01:17:10 - Marketing and Sales Strategy
01:19:01 - Creating a Unique Gym Experience
01:21:45 - Importance of Details in Facility
01:23:03 - Membership Growth and Revenue
01:24:57 - Initial Thoughts
01:25:05 - Challenges in Launching a New Facility
01:25:20 - Planning for Future Expansion
01:25:47 - Considering Outdoor Space and Aesthetics
01:26:09 - Budgeting and Future Plans
01:26:52 - The Importance of Location and Future Expansion
01:28:22 - Balancing Business Growth and Personal Happiness
01:30:02 - The Joy of Coaching and Running a Business
01:31:23 - Final Thoughts and Appreciation