Gym owners who reached $100k+/month revenue or built multiple locations: if you were at my stage (≈2,100members, ~$55k/month revenue, ~$40k profit monthly, one location), what would you focus on next for the highest ROI over the next 3 years?
30M gym owner
Been in business for 4 years
What was the biggest mistake you made when going from $500k a year to 1M a year? Currently just broke the 600k in revenue barrier.
At what point did you feel comfortable making big lifestyle purchases (like a $150K car) without slowing your business or investment growth?
Looking back, did you do it too early or too late
Gym owners with 1,000+ members — what actually reduced your churn long-term?
I’m at ~2,000 members but as I increase signups, cancellations are rising.
What systems made the biggest difference for retention?
#churn
Looking to purchase a McLaren 570S soon and I’ve heard mixed things about reliability and maintenance.
Some people say they’re amazing if maintained correctly, while others say they’re notorious for issues and spend a lot of time in the shop.
For current or past owners:
• Is the reputation exaggerated or accurate?
• What common issues should I look out for?
• What years/specs are the best?
• What maintenance items are critical?
• What should I check before buying one?
• Is it better to buy from a McLaren dealer or private party?
• Any preventative maintenance recommendations?
I’d most likely be looking at a well maintained 570S Spider.
Would appreciate honest ownership experiences before pulling the trigger.
What’s up guys I’m a 30M business owner built my business for 4 years now. Sacrificed a lot and took a lot of risk.
Making 60k a month revenue, 40k a month profit
Able to save and reinvest about 30k a month I live very lean and write off a lot through my business. Business is growing revenue at $1,000 a month. Business is also a subscription based business. (No not only fans)
Have about 250k inS&P ETFs
Have about 300k in equipment for my business
120k in emergency fund
$370,000 all together liquid.
I live off of about 4k a month
The question is am I saving too much? Whats a good lifestyle balance?
Also my next question is when would it be okay and splurge on buying my dream car a McLaren 720s 😂
What’s up guys I’m a 30M business owner built my business for 4 years now. Sacrificed a lot and took a lot of risk.
Making 60k a month revenue, 40k a month profit
Able to save and reinvest about 30k a month I live very lean and write off a lot through my business. Business is growing revenue at $1,000 a month. Business is also a subscription based business. (No not only fans)
Have about 250k inS&P ETFs
Have about 300k in equipment for my business
120k in emergency fund
I live off of about 4k a month
The question is am I saving too much? Whats a good lifestyle balance?
Also my next question is when would it be okay and splurge on buying my dream car a McLaren 720s 😂
Hey I need some help with where to allocate my money and what I should invest in.
I’m 30M I make about 35k a month profit from my business that’s growing, has been for the past 4 years and I live a lean life. My monthly cashflow I’m left with is about 30k a month I’m wondering where to allocate it. Any suggestions at this level for great stocks? Real estate? All advice is appreciated thanks.