I’ve heard a lot of talk about the struggling U.S. economy as of late. Although this talk is spread across the entire country, it seems to be particularly prevalent in the state of Michigan where the CoachMeFit Franchise Corporation is based and where four CoachMeFit Private Personal Training studios exist.
The way I see it, there are two ways to deal with a down economy:
1) jump on the negative talk band wagon, plug along with whatever it is you’re doing, and hope that the economy will some day turn around
2) treat the “down economy” as an opportunity to make things happen
The reality with a down economy is that it’s all about the attitude one has towards it. The majority of the population adopts option #1 above and never moves forward with a plan to create financial security and control.
A small percentage of the population adopt option #2 above and take the “bull by the horns”. These people typically have a better quality of life and are financially sound.
From a business standpoint, CoachMeFit studios are doing better than ever and we’re expanding our personal training studio concept across the Midwest despite many around us saying that we’re headed toward a recession. Why? Because there is a tremendous amount of opportunity out there right now. Landlord’s are desperate to fill their vacant buildings and are therefore willing to make concessions for tenants, building contractors are slashing their labor prices in order to remain competitive with one another for the jobs that are out there, and banks are willing to lend money at an all time low rate to those with good credit and a good business model. In addition, many people are running out of health a lot faster than wealth and CoachMeFit can actually help them.
If you’re currently a Personal Trainer and have thought about starting your own Personal Training business, but are hesitant to make the jump from employee to business owner because of what you read in the media about the economy, think again. The media statistics you should be focusing on are the ones that talk about the obesity epidemic and rising health care costs due to lack of physical activity. More than ever there is a need for Personal Trainers and Personal Training studios.
If you’re ready to capitalize on your dream of owning your own Personal Training studio, check out our website to learn more about us. We’re looking for the right people to join our team and to share in the vision of creating the highest quality personal training program worldwide.