Should you buy another business or replicate your existing business when expanding your gym empire?
The answer is "it depends." Both paths can be successful. But they have unique pros and cons that will influence different kinds of entrepreneurs.
To give you a roadmap to expansion, Two-Brain founder Chris Cooper sits down with Swedish gym owners Per Mattsson and partners Karl Solberg and Oskar Johed to discuss the bright spots and challenges found on each route to a multi-gym empire.
Karl and Oskar choose to replicate a very successful model over and over in startup gyms, while Per prefers to buy other gyms. All are having great success expanding their influence and serving more clients, and they'll provide inside tips that will help you make smart decisions yourself.
If your first gym is stable and profitable and you're thinking about taking the next step, this episode has essential info that will help you avoid mistakes and grow your business faster.
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Gym Owners United
1:30 - The Swedes
3:14 - Building with Karl and Oskar
8:49 - The "150 Model": Overlap and systems
19:15 - Buying with Per
26:12 - Fixes and overlaps
27:32 - Staff training
33:24 - Two paths: pros and cons