Tired of watching small mistakes drain your gym's profits? Here's how to stop paying the “dumb tax” once and for all.

In this episode of “Run a Profitable Gym,” Chris Cooper explains how seemingly small business mistakes compound into million-dollar losses over time. More importantly, he tells you how to stop making these gym-sinking errors.

Coop presents three types of mistakes that destroy gym profitability:

• Compounding problems get worse over time. Example: hiring without proper training systems.
• Delaying problems punish you for procrastinating. Example: avoiding necessary price increases.
• Mounting problems are fueled by the increasing momentum of repeated errors. Example: dumping more members into a gym with a broken pricing model.

Chris also gets brutally honest about his own expensive mistakes as a gym owner, and he calculates the real cost of inaction and poor systems so you can see how errors affect P&L statements.

Tune in for the full breakdown and then take action before profit-killing mistakes put you on the path to bankruptcy.

Links

Gym Owners United

Book a Call

0:01 - Intro

1:39 - Compounding problems

7:59 - Delaying problems

11:43 - Mounting problems

14:58 - What’s the cost of change?

Most gyms don’t fail because of one big disaster. They fail because of small, repeated mistakes that drain money, energy and time until the owner burns out.

In this episode of “Run a Profitable Gym,” Two-Brain founder Chris Cooper explains how to spot and avoid common mistakes in your gym—in other words, how to stop paying the “dumb tax.”

From undercharging to chasing the wrong metrics, Coop shares how he paid the dumb tax in his own gym and learned some tough lessons.

He explains how to replace guesswork with clear data, build pricing and systems that work, and make decisions that increase revenue instead of eroding it.

Ever feel like you’re working harder and harder but never getting ahead? This episode will show you how to break the cycle and start building a sustainable, profitable gym.

Links

Gym Owners United

Book a Call

0:52 - What is the dumb tax?

3:47 - Always chasing more clients

4:34 - Undercharging and discounting

6:18 - Confusing the model with the method

8:09 - How to avoid the dumb tax

In this episode, gym owner and CrossFit Games athlete Bryce Broome shares how he built a profitable, systemized gym that lets him take regular time off to travel, train, compete and recharge.

In fewer than two years, Bryce has developed a team that handles day-to-day operations when he’s away—without sacrificing client care or profitability.

He explains how business planning with a Two-Brain mentor set his gym up for success from Day 1: Before opening, he planned for staffing costs and scalability, identified his ideal culture, and hired staff who aligned with that culture.

The result? A gym that pays him well and gives him time to enjoy life outside it.

Proof: Bryce did this interview while on vacation, and he'll be taking more time off to compete in the CrossFit Games at the beginning of August.

Tune in to hear Bryce’s story and find out how you can start building a business that allows you to live the life you want.

Links

Gym Owners United

Book a Call

1:20 - Breakdown of Bryce’s gym

10:45 - Providing careers for staff

15:22 - The value ladder exercise

19:17 - How Bryce takes regular vacations

28:05 - Advice for other gym owners