It’s no secret that a recession in on the way.
We’re in the middle of a historic upswing in our economy and it simply cannot go up forever.
If you been in business for a while and things are not going well, it’s going to get much harder for you in the coming years.
That being said, I have seen many gyms turn the ship around very quickly.
Several guys in my Mastermind have doubled their business in revenue and profit in less than 6 months.
It does not take long but the reality is a turnaround is much more likely right now than it will be in the midst of a recession.
The people that survive and even thrive during a recession are the ones that have cash on hand and have the ability to continue to spend money to market their business.
2019 is a very important year to get some separation.
This is where you need to push the envelope so you have a much stronger business in the face of a recession.
Here are a few things I would be doing to set you up for a great performance during a down economy:
1. Build 10 strong relationships with Joint Ventures in your local community. The more people you have as allies the better you can help each other. Be sure to select joint ventures with your target market.
2. Build your email list. People are obsessed these days with Facebook friends and Instagram followers. Your email list is currency. It gives you the ability to get in front of people whenever you want for free. It’s a crucial thing to be building now
3.Put money away. Aside from investing back into your business to acquire more new clients, you should be putting money away every month in a savings or investment account. This is a habit you should have regardless of an upcoming recession or not.
Don’t get nervous about this email. It’s not meant to scare you it’s only really talking about the inevitable.
I believe if you run a great business, are smart with your money and you understand marketing and sales you’ll be all set.
Use this as a fuel source to crush it in 2019 as most of your competitors probably don’t even know this is coming.
If you need my help, email me, Vince@gabrielefitness.com, and let’s chat.
Vince
Plus, whenever you’re ready, here are 4 ways to work with me:
1. Work with me 1-1 in 2019
In 2019, I will be taking on a few select gym owners to work with me in a private coaching program. This is not for newbies and you need to be doing at least $300K in revenue to be accepted into this program.
Email me personally to see if you qualify for this program at vince@gabrielefitness.com and put “1-1 in 2019” in the subject.
2. Get on the early bird list for my Spring 2019 Mentorship.
Join me and my team at my gym in New Jersey for 2 days and get a fire lit under you. This seminar has been the launching pad for many gym owners build the gym of their dreams.
Email megan@gabrielefitness.com to get on early bird list.
Note: There’s no obligation to sign up but you’ll lock in early bird price which is a good idea because the investment will go up dramatically this year.
3. Listen to my Podcast
If you’re not yet a subscriber to the Fitness Business University Podcast than click below to add this to your list. There are close to 40 episodes packed with money making info. Click the link and subscribe so you’ll get notified when new ones come out.
4. Attend a Mastermind Meeting
Join us on February 21-22 in Orlando, Florida for an SPF Mastermind Meeting.
Reply to this email with Orlando Mastermind in the subject to get more info.