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6 Ways to Make Money When You Have No Money
Description
If you want to scale your gym or studio, book a call directly with Jayme below:
https://fitnessbusinessconsulting.io/businessbrainstorm1
In this episode, Jayme Richardson breaks down 6 simple strategies gym and studio owners can use to generate cash quickly.
From increasing prices and reactivating old leads to improving class profitability and selling to your existing members, these are practical strategies you can implement immediately to improve cash flow and increase revenue.
00:00 Introduction to quick cash strategies for gyms and studios
01:51 Asking loyal clients to pay memberships upfront
03:47 Reactivating your database of ex-members and old leads
07:57 Using Instagram DMs to follow up with inquiries
09:52 Cutting low-attendance classes to improve profitability
15:08 Pre-selling merchandise and supplements to generate immediate cash
17:03 Increasing your prices to boost recurring revenue
20:49 Running internal challenges to generate excitement and cash
23:11 Summary and final thoughts
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