The GSD Show

Should you bring on a partner? Some other questions to ask. How do I know who the right partner is? How much equity should I give them? What should the operating agreement look like? How can I determine if the partnership is working the way it was designed to? In this episode, we’re going answer these questions and many more.

I don’t care if you’re Tesla, Apple, Microsoft, Nike, Disney, or Orangetheory Fitness… this episode relates to you. Setting REAL expectations around what business will look like forever (yes, forever), is vital to you being a great leader for your people.

If you've owned a gym over the last few years, you've probably recognized that hiring great studio managers has been difficult. One of the roadblocks is the noncompete agreements. As of yesterday, this will no longer be an issue. Check out why and who it affects.

After working with over 3,100 gyms and fitness studios across 11 countries, we’ve gotten to see the inside of many businesses and it’s become clear that there are only 5 key areas where constraints, if present, inevitably lead to plateauing in your business. Facing two major constraints out of these five areas spells trouble; encountering three constraints means you will likely be out of business very soon. In this episode, we’ll dive into each of the five constraints and take a high-level look at how to improve any areas where you might be struggling.

Bill Gates, Elon Musk, Sheryl Sandberg, Mark Zuckerberg, and many other strategic leaders enjoy playing chess. Over the weekend, I learned a great lesson on the difference between good chess players and great chess players and how it relates to business. If you could take this one lesson and apply it in your company, you’d be able to grow much faster with a lot fewer headaches.

Bryce Henson shares his straight-up genius fitness business marketing advice and ideas... Have you implemented any of them? In this episode of the GSD Show, host Mike Arce dives deep with @realbrycehenson, a powerhouse in the fitness industry, exploring the realms of leadership, entrepreneurship, and the journey from a sales intern to the CEO of a thriving franchise. Discover the pivotal roles of discipline, accountability, environment, and communication in molding effective leaders and building robust teams. Bryce shares his insights on the significance of mentorship, the essence of a growth mindset among franchise partners, and innovative sales and marketing strategies that fuel success in the fitness sector. This episode offers an abundance of insights for anyone keen on personal growth, building a successful franchise, or simply fascinated by the intersection of fitness and business excellence. GYM OWNERS Schedule your FREE strategy call with us today!: loudrumor.com/info

Want to be a better entrepreneur but don't know where to start? These are some of the most important tips I’ve learned as a fitness business entrepreneur... In today’s episode of the GSD Show, we’re sharing an episode from Danny Farrar’s podcast, @theherdtruth, where Mike sits down with a successful entrepreneur, mentor, and A-Class member of the Loud Rumor Mastermind Program, Danny Farrar. In this episode, Danny and Mike share invaluable insights on business building, personal growth, and entrepreneurship. Discover the secret ingredients to Danny’s and Mike's success, and learn how they have mentored others to achieve their goals. You won't want to miss this episode, full of growth and inspiration. Tune in now! GYM OWNERS Schedule your FREE strategy call with us today!: loudrumor.com/info

In this episode, I dive deep into the journey of building a resilient business, sharing personal stories of challenges and growth. Discover how adopting a mindset focused on problem-solving and continuous learning can transform your business. I’ll also explore the importance of hiring the right people, aligning compensation with company goals, and the art of storytelling in leadership. This episode is packed with insights for gym owners and entrepreneurs seeking to scale their businesses and drive meaningful success. GYM OWNERS Schedule your FREE strategy call with us today!: loudrumor.com/info

In this episode, I sit down with Tom Dowd, CEO of F45, to dive into his visionary leadership approach and ambitious plans for steering the F45 franchise to new heights. Tune in to learn about the pivotal strategies that are reshaping the fitness franchise landscape, from enhancing member experiences to empowering franchisees. This is a must-listen for anyone eager to grasp the future of fitness business success. GYM OWNERS Schedule your FREE strategy call with us today!: loudrumor.com/info

What is the rate at which your business should be growing each month, quarter, and/or year? In this episode, we’re going to dive into this.

In this episode, I break down a sales call recording that I listened to of a gym owner terribly selling a prospect of membership… which was of course, unsuccessful. I expressed to him the importance of using the greatest salesman paintbrush, a powerful tool that any sales rep who wants to be considered one of the greats, has in his toolbox. I break down his eros, as well as how to do it correctly. Enjoy the episode!

Is closing your business considered a failure? It could be. It might not be. It all depends on… Well, I guess we’ll talk about it in this episode. See you there!

As a leader, you're tasked with quite a few things. Is being liked one of them? See what I, Steve Jobs, John C. Maxwell, Marcus Aurelius, Peter Drucker, and the Harvard Business Review had to say about it.

When I was just 20 years old, I tripped and fell on this amazing marketing strategy that I STILL use today as the cornerstone of any strategy I run. And I always will.

I don't care what the market pays employees, contractors, or vendors. It doesn't matter to me. I don't pay for the position, I don't pay by the market, I pay for the outcome that I'm looking to achieve. This episode is 100% about how to compensate strategically to achieve your goals better and more efficiently.

In this episode, I break down a conversation I had with a multi-location gym owner that was getting a lot of judgement from members and staff around changes she was making. Although all changes were for the greater good of everyone involved, she took a lot of heat. I break down how I handle moments like that and share a story about the conversation I had with my son in the hot tub after he saw someone publicly called me a scammer.

When having tough conversations with staff, having a set of techniques to communicate more effectively is important. In this episode, we share 2 very powerful techniques we use at Loud Rumor to separate the 'personal feelings' that come along with feedback and criticism to have more productive conversations.

Transforming Sales Rejection into Rocket Fuel for Success! Welcome to a powerhouse episode where we dissect the art of sales in the fitness industry, turning every 'no' into a stepping stone for unparalleled success. In this deep dive, Nicholas Flamini, a growth strategist for GymLaunch, and Mike Arce, CEO of Loud Rumor, unravel the complexities of sales, offering practical, game-changing strategies that will elevate your approach and skyrocket your results. From understanding how to harness the power of rejection and mastering customer dialogues, to the nuances of empathy versus compassion in professional relationships, this episode is jam-packed with insights. Learn from Mike's roller coaster analogy about taking risks in sales, and Nicholas's perspectives on nurturing relationships for long-term success. This episode is a goldmine for anyone in the fitness industry looking to refine their sales approach, build lasting client relationships, and achieve consistent success. Don't miss out on these invaluable insights – tune in now! GYM OWNERS Schedule your FREE strategy call with us today!: loudrumor.com/info

Today I spoke with over 100 gym and fitness studio owners from around the world and asked them one very simple question: "What do you think your main job is as the owner of the business?" I got many answers, which I share in this episode, except for one. The right one. Today, we'll discuss what that one job is and how you can start focusing on it to be more successful each day. Enjoy.

Today I’m with Sean Pastuch, CEO of Active Life Fitness, who charges more than DOUBLE the most expensive competitor in his area. He’s not in a major market. It’s not in an affluent area with people loaded with cash. He’s just doing a lot of the right things right, and today, we’re going to dive into what those things are, so you can increase the value of each member you work with and ultimately, the value of your business.