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Recent content by Phil Phil

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    Ask 8-figure business owners for personalized advice!

    GOLD! HOT! EXECUTION 
    I'm not sure if this is the right place to ask about such a matter, but.. I'm struggling with big-numbers-business-thinking. The thing is, I've worked as a part-timer/freelancer for a few years, and over the last two years I've switched to a style where I co-own two businesses where I'm...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Quick update on things. I made some adjustments to the membership plans, more precisely, I removed the plan that was a bit confusing to the customers. It was an unlimited plan where customers could come as many times as they want. I replaced it with a "4 week challenge plan" where they train 3...
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    How Do You Think About Your Ecommerce Strategy?

    HOT! 
    I will go for comfortable sandals for people with flat feet. I'd target hot weather places where you can wear sandals pretty much daily. I have flat feet and trust me, if your shoes, or more importantly your insoles are not a perfect match for your feet then if you need to stay on your feet the...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Interesting thing - while talking to customers who are struggling with losing weight/putting on some mass, I tried to throw in "well, at this point it might worth it to give some supplements a go" for a test and I was amazed at how receptive they were to the idea of spending extra on...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Yeah, I did. And thought "Yes sir". But I was left a bit concerned about the fact that he's got a giant network of gyms, while what I'm having here is a quite a local gym with under a 100 customers as of now (actually hitting a 200 would be a beast mode in my city), and I'm not a big fan of...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Recently started to think about offering supplements for sale at my gym. Currently all revenue is created only by memberships. But honesty, trainings margin is quite low. Relying only on it will put a high pressure on keeping a relatively big (for my city) number of customers all the time. I...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Status update. Was able to work out a "flat payment deal" where I'm getting a certain amount of money for my services flat, that allows me to cover staff salaries and leaves me enough to pay my rent and gas/electricity/water bills. After reaching a certain amount of customers also getting a...
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    My fitness business in Japan

    EXECUTION QUESTION 
    You're right. Japanese people are actually spending a lot of money on dental care (there are as many small dentistries as there are convenience stores (7-11) here), except teeth whitening. People who are into in - they are into it, but nation-wide.. nah. Everyone's wearing masks anyway, haha...
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    My fitness business in Japan

    EXECUTION QUESTION 
    The reason is Japan's society being conservative. That's why new things are not so fast to get accepted. For example things like shisha (hookah) and vape are still quite on the underground level here. It's still common to be asked to send someone a fax.. things like that. I also have a feeling...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Well I guess when we say it's a saturated market we mean there are lots of gyms around. But I totally agree - the overall value offer is not that high (I can speak of Japan only), so yeah there's a room for opportunities. Another good thing about Japan is that most overseas trends are becoming...
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    My fitness business in Japan

    EXECUTION QUESTION 
    Thank you for your reply. I've just checked youtube for Alex Hormozi and instantly realized "that's that guy with a moustache that was in "Recommended to you" on youtube some time ago". Will definitely check his content now.
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    My fitness business in Japan

    EXECUTION QUESTION 
    Alright, before anything - yes, I know it's a highly saturated market (even on this side of the globe). Being said that, heres my story: I came to Japan in 2013 to do my Ph.D course. Things were going good and I was planning to get in one of research facilities here in Japan upon completion...
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    I've Read UNSCRIPTED!

    GOLD! HOT! 
    Two and a half years ago started a business with other three friends. We treat it more or less as a hobby side thing since all of the co-owners have their full-time jobs. Said so, it still forced me to learn a whole lot of things: staff management, marketing, sales etc etc. Last year got...
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