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FitFactory
GM
by
gabriel masterson
·
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Updated Mar 10, 2021
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Chapters
00:00
Chapter 1
00:29
Chapter 2
00:58
Chapter 3
01:02
Chapter 4
01:09
Chapter 5
01:22
Chapter 6
01:25
Chapter 7
01:37
Chapter 8
01:38
Chapter 9
02:04
Chapter 10
02:06
Chapter 11
02:07
Chapter 12
02:28
Chapter 13
02:32
Chapter 14
02:38
Chapter 15
Audio Transcript
Auto-generated
00:00 - 00:02
Yeah. Hello, everyone.
00:02 - 00:04
I'm Gabriel Masterson, and I'm going to talk to you
00:04 - 00:06
about the fit factory to kind of go over what
00:07 - 00:10
this is is my wife is very physically active.
00:11 - 00:12
She has a degree in exercise science.
00:13 - 00:16
So she just loves the idea of owning a gym
00:17 - 00:18
and the entire process.
00:20 - 00:23
So what we kind of came up with is we
00:23 - 00:24
would like to open a gym in our local area
00:25 - 00:27
and kind of the service we found was kind of
00:28 - 00:29
lacking Was a child care?
00:30 - 00:33
Yes, there are definitely gyms out there that have child
00:34 - 00:37
care, but we feel there are few and far between
00:38 - 00:38
that cost too much.
00:39 - 00:41
So I think that would give us a competitive edge
00:41 - 00:43
we were looking for and why we would be unique.
00:44 - 00:47
Other things we like to focus on is kind of
00:47 - 00:48
an industrial Jim feel.
00:48 - 00:53
So for those high intensity interval training, our crossfit style
00:53 - 00:56
workouts and it would be group class oriented.
01:00 - 01:03
And if we start to look at, like, why would
01:03 - 01:04
people start coming to us?
01:04 - 01:06
Why would they choose the fifth factory?
01:07 - 01:10
And, uh, I think the number one reason has to
01:10 - 01:10
be convenience.
01:11 - 01:15
Uh, location If you live more than two miles or
01:15 - 01:18
15 minutes from a gym, you will not go there.
01:18 - 01:20
So location, location, location.
01:22 - 01:23
That has to be our number one priority.
01:24 - 01:27
And we also found that when people were deciding on
01:28 - 01:31
what Jim to go to, it wasn't necessarily the cost.
01:31 - 01:34
But it's all the amenities that came with it.
01:34 - 01:37
So convenience once again goes into it.
01:38 - 01:41
And the last one, why we think we would be
01:41 - 01:45
successful is probably a social marketing campaign.
01:45 - 01:48
One of the reasons I think CrossFit blew up so
01:48 - 01:52
quickly was they required all of their gyms and locations
01:53 - 01:55
to post photos and own Web pages.
01:56 - 02:01
And, you know, just people could see their improvements, and
02:01 - 02:04
we would definitely adopt a similar idea to make that
02:04 - 02:10
happen. And what would make us unique?
02:10 - 02:13
Uh, like we already said, There are gyms everywhere, but
02:13 - 02:15
it's location, location, location.
02:15 - 02:18
So being kind of a small operation that we can
02:18 - 02:21
really get to know our team and our people and
02:22 - 02:24
really adapt to the environment we're in.
02:24 - 02:27
So that way we can provide those services they want.
02:30 - 02:33
And that concludes this briefing, thank you very much.
02:33 - 02:36
And here's the citations for all the photos, let me
02:37 - 02:37
know if you have any questions
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