Profit First- Owner Pay (Ep 04)

In this episode of the Profit First Show GG and Shannon talk about owner pay. Why is owner pay contentious in the fitness industry?

00:50 Topic- Owner Pay

02:28 Owner is not a job title

03:31 How to work up to the 50% pay

08:21 How the Madlab Model works

09:31 It’s a gradual process to get to 50%

10:44 The reason why you should strive for the 3rd seal

12:33 Owners or coaches that are over paid

18:34 Evaluate constantly if you should increase your prices

20:00 New Award- The Most Profitable Gym