Geared Up Issue 3 2016 | Page 21

Going forward, what are the top business goals for the company? Rich: Completing the buildout of our ADA; figuring out what we all want to be when we grow up. Jason: Keep member satisfaction our top priority; develop a sustainable cultural foundation that we can scale as we grow while always focusing on member satisfaction. Kristi: To stay true to the brand, and to give back and contribute to the local community in which our businesses are located. Robin: Teamwork, honesty and being an open, hardworking, well-respected franchise group. What is the best piece of business advice you have received? Rich: Work hard, be the most prepared guy in the room, and stay true to your character. Show up, show up on time, and don’t say anything stupid. Jonny: The best piece of advice is to invest and build the foundation of your business so you are prepared and scaled for growth. With a fast-growing business, you have to identify and build good leaders, never miss an opportunity to learn, and continue to evolve and mold business process to match current times. Jason: General business advice: Never stop learning and growing. Planet Fitnessspecific advice: Follow the Planet Fitness recipe and do not try to reinvent the wheel. The model works. Kristi: We’re going to make mistakes. It’s not all about the mistake itself but what we learn from it and how we move on from that point. Robin: Stay organized. Customer service and the team come first. Focus on your business goals. A good leader is doing what is right when no one is looking. What is the biggest industry change since you started? Jason: The biggest change in our industry since we started is the use of technology to track and enhance one’s healthy lifestyle. The company that can figure out a way to integrate their health club with technology and healthy living will surpass their peers. Robin: New clubs have started to pop up that are copying PF’s $10 a month with all these amenities. However, can they stay open with only charging $10 a month? Staying true to our model with simple amenities will hopefully help us stay on top as a wellrespected fitness club and continue to see happy customers. Tell us about your family. Rich: Our family is something that is really special. Our entire immediate family is involved with our business. Our parents, Candy and Kevin, guide us to success from their many years of experience. Without them none of this would have been possible. Beyond them, my children and nephews use every opportunity to help out and be present in the business. Tell us about your personal interests. Rich: Beyond business, we all enjoy family activities and are avid outdoor enthusiasts. Jason: We enjoy skiing, biking, hiking and enjoying as much time as possible in the Adirondacks with our family. If I weren’t a franchisee, I would be... Rich: Banging my head on a cubicle. Jonny: Not enjoying the blessing of spending this much time with family. Jason: Stuck in a rut. Kristi: A pastry chef! Robin: A dog walker. G GearedUp | 2016 Issue 3 What advice would you extend to franchisees working with family? Rich: Make sure you all like each other, try to leave emotions at the door, and remember this is business and family always comes first. Jonny: Have the difficult conversations upfront, and do not be afraid to have them as you grow your business. Evolve and prepare for growth. If you are not growing and evolving, you are going to get left behind. Jason: Enjoy every minute of it; not everyone is blessed to work with his or her family. Kristi: Have clear and defined roles and responsibilities for each person. Robin: There is no “I” in team. Always remember to smile. What do you feel is the biggest challenge currently facing franchisees? Rich: One of the biggest challenges that I see every day is finding and securing the right real estate to build clubs. This is an area where I have had many conversations with other franchisees throughout the country. There are some key characteristics in a site that have huge contributions to our success. Unfortunately, there are many other businesses out there that also share the same key characteristics, so we need to stay ahead of them and be smart and aggressive in our real estate transactions. Jonny: The biggest challenge facing the franchisees could be the growing number of copycat models and competition in our local markets. We must stay unified and continue to find ways to keep our value proposition as the best in the industry. Planet Fitness has a very strong franchisee community, and we must continue to improve every aspect of our businesses and find the best ways to collaborate with our franchisor. 19