You might think you’re keeping a close eye on your gym’s profits — but what if hidden problems were draining thousands of dollars from your business every year without you even noticing?
In this episode, Tim and Randy uncover five silent killers that are quietly eating into gym profitability — and share why most owners don’t catch them until it’s too late.
These aren’t the obvious mistakes everyone talks about. Some of them are so small you’d never expect they could add up to thousands in lost profit. But they do — and fixing just one could completely change your bottom line.
If you’re ready to stop the slow leaks and finally put more money back into your business (and your pocket), you won’t want to miss this one.
Tune in and find out where the hidden traps are — and how to fix them fast.
Let’s dive in!
Key Takeaways:
- Intro (00:00)
- Profit Killer #1: Overstaffed times and empty hours (02:21)
- Profit Killer #2: Grandfathered rates (05:22)
- Profit Killer #3: Old software and unused subscriptions (08:43)
- Profit Killer #4: Frozen memberships (10:14)
- Profit Killer #5: Bad personal training splits (12:28)
Additional Resources:
- Schedule your SpringBoard call
- Stop the summer slump before it starts - slash membership freezes by 50%
- A tool for deciding on new gym services – 5-Question Matrix
- Get 30 days of Semi Private Pro on us!
- Apply to join the Iron Circle
- Get your early bird ticket for the 2025 Growth Summit in Nashville
- Get access to the 2024 Growth Summit recordings
- Tim's new book - Built to Win by Tim Lyons
- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group
- Switch to Semi Private course
- Business Accelerator Program
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