WNiF Magazine - Summer 2015 Edition | Page 40

FOUR REASONS EVERY GYM OWNER By Steve Grant NEEDS A MENTOR S teve Grant the founder of the Gym Hub, explains four key benefits of mentoring for club owners! Research shows that 80 per cent of Australian gyms will close in their first five years of business and 80 per cent of those who survive will, unfortunately, fail during the five years that follow. 40 Gym owners need to juggle a number of important factors to succeed in the early days, such as keeping expenses low while gaining maximum exposure to new members – just to ensure they can pay their bills. Then, later in the business lifecycle, gym owners look to leverage away from the 80-hour work weeks, using strong systems and staff development to ensure the momentum continues, and for survival in the long term. Here are four good reasons that EVERY gym owner needs a mentor. 1. To get faster results One of the best tips I received, as a young boy was ‘if you want something, find someone else who has it, ask them what they did and then copy them’. It’s not rocket science, but it amazes me how many people choose to ignore help and grind away in solitude, rather than implementing some good advice and WHAT’S NEW IN FITNESS - SUMMER 2015