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
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