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How This Studio Owner 3X'd Revenue and Built a Team That Scales Hosted by Mike Arce, CEO of Loud Rumor In this episode, Mike Arce sits down with Caitlin Bovée, a studio owner in Ontario who scaled her business from $40K/month to over $160K/month—and opened a new location along the way. They break down the mindset shifts, operational systems, and leadership habits that transformed her business, without relying on gimmicks or shortcuts. You'll learn: – What Caitlin changed in her sales process to go from “no system” to 80–90% conversion – How her team uses monthly optimization meetings to evolve with consumer behavior – Why having a lead gen specialist (and no referral system) still works when the product is dialed in – How focusing on leadership development—not just strategy—was the biggest unlock Whether you're stuck at $50K/month or building toward your first $1M year, this episode will challenge how you think about growth—and help you focus on what actually drives results.
Description: How To Lead from Any Seat on the Team — Managing Up for a Stronger Studio Culture Hosted by Mike Arce, CEO of Loud Rumor Whether you're the owner of a gym, a front desk manager, or part of the coaching team, this episode is for you—and it's one your entire team should hear. Mike Arce breaks down one of the most overlooked leadership skills in business today: managing up. You'll learn: – Why great teams don't just manage down… they lead in all directions – How to strengthen your studio's culture without changing your title – What most employees misunderstand about their leaders—and how to build real trust – The mindset shift that turns frustration into influence If you're ready to create a gym culture where communication is clear, leaders grow stronger, and everyone feels seen—this episode will show you how. Share it with your team. Set a time to discuss it. And start building the kind of studio people never want to leave.
This week on the Fitness + Technology podcast, host Bryan O'Rourke welcomes Mike Arce to the show. Mike is the CEO & Founder of Loud Rumor, which helps fitness studios dramatically increase membership by improving their marketing strategies through consulting. Today, Mike joins Bryan to talk about his business, lead generation marketing, implemented technology, and other implications around fitness operations. One Powerful Quote: 34:57: “If you gamble, you're just playing off feeling, but if you play the game, you do the right moves, and you live with the results.” 4-10 Bullet Points (w/ timestamps) - Highlighting key topics discussed: 3:11: Bryan opens the show with Mike talking about his work experience. 7:31: Bryan and Mike talk about technology tools, changes in business development, and defining successful marketing. 30:37: Mike shares his thoughts on understanding contextual data for your business. Bullet List of Resources: https://www.loudrumor.com/ Guest Contact Information: https://www.linkedin.com/in/mikearcelive/ https://x.com/MikeArceLive https://www.bryankorourke.com/ https://www.linkedin.com/in/bryankorourke/ http://www.fittechcouncil.org/ https://www.youtube.com/user/bko61163
In this episode, Mike Arce, CEO of Loud Rumor, breaks down the key differences between managers and leaders and why understanding this distinction is crucial for business success. He shares an insightful exercise from a recent event, demonstrating how managers keep operations on track while leaders focus on judgment and growth. Mike also introduces the "131" problem-solving method and emphasizes how leadership isn't about title but mindset. Whether you're an owner, manager, or employee, this episode will challenge you to step up, think like a leader, and contribute to your company's success.
Gym employees, this one's for you. If you're working in a boutique fitness studio—whether it's HIIT, Pilates, yoga, kickboxing, spin, or any specialized training facility—this episode is packed with game-changing insights to help you thrive in your role. Mike Arce, CEO of Loud Rumor, shares powerful lessons from working with over 3,700 fitness studios across 11 countries, revealing what separates top-performing employees from the rest. He breaks down key expectations, the mindset required to excel, and how to determine if a career in fitness is truly right for you. You'll learn: ✅ The must-have traits of highly successful gym employees ✅ The importance of culture fit and aligning with your gym's values ✅ How to take ownership, embrace learning, and stand out as a leader ✅ Why sales, coaching, and management each require unique skill sets—and how to excel in your role Inspired by the latest GSDCON event at First Form HQ, this episode will challenge you to level up and redefine success in your fitness career. Tune in now and take your gym career to the next level!
Most gym owners are stuck in a cycle of low profits and high attrition, but not Jeff Binek. In this episode, he breaks down how he turned his gym into a $2.3M real estate empire, built a 7-figure fitness business, and maintains industry-best retention rates—all while working toward removing himself from daily operations. If you're tired of the constant grind and want to learn how to build real, sustainable wealth as a gym owner, listen now! To learn more go to LoudRumor.com Subscribe to our YouTube channel for more stories like this: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
In this episode, Mike Arce dives deep into one of the biggest challenges gym owners face—retention. He explains why most fitness studios struggle to keep members long-term and how shifting from a tactical to a strategic mindset can make all the difference. Listeners will discover: ✅ The most common mistake gym owners make when trying to improve retention ✅ The Job to Be Done framework that top-performing studios use to retain 97-99% of their members ✅ Key metrics and leading indicators that predict cancellations—so gym owners can take action before it's too late ✅ Real-world success stories of studios that reduced attrition from 20% to just 3%, adding hundreds of thousands in long-term revenue With competition rising and fewer people holding boutique gym memberships, improving retention is more important than ever. Mike shares actionable insights that can transform a gym's ability to keep members engaged, committed, and seeing results.
Is your gym losing members faster than you can replace them? While most gyms struggle to achieve sub-12 % attrition, Dave and Kimberley from Blended Athletics have cracked the code; keeping their members on average for over 2 years! In this episode, they reveal why most gym owners are focused on the wrong things regarding retention—and how simple adjustments in tracking, engagement, and results can dramatically reduce attrition. If you're tired of the endless cycle of new member sign-ups and cancellations, watch this now! The secret behind their incredible success? Tune in to find out! To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
The greatest CEOs and visionaries share one key skill: the ability to tell powerful stories. In this episode, Mike Arce, CEO of Loud Rumor, reveals how storytelling impacts sales, leadership, and business growth. Mike shares a real-life coaching session with a fitness studio owner struggling to maintain top sales and retention. The missing piece? Authentic storytelling. Learn how conviction and details in your messaging can inspire your team, create deeper client connections, and drive success.
Are distractions keeping you from growing your fitness business? In this episode, Rick speaks with fitness industry expert Mike Arce about what makes a successful studio owner. Mike works with more than 60 brands at the franchisee level and is also personally invested in multiple Alloy locations.Mike is the founder of Loud Rumor, a company dedicated to helping gym owners thrive. He shares his journey from fitness coach to entrepreneur and why he chose Alloy Franchise for its scalability, low startup costs, and high margins.Rick and Mike explore the strategies that successful fitness franchise owners use to stay focused, grow their revenue, and lead their teams effectively.He also reveals actionable insights on crafting strategic plans, maintaining focus, and training gym managers to drive growth.Tune in to learn more about the traits of successful studio owners and the systems they use to keep winning.Key TakeawaysIntro (00:00)Loud Rumor and its Purpose (03:40)Success traits of studio owners (09:34)Why he chose Alloy (09:50)Gym owner focus and strategic planning (22:58)Final thoughts and future plans (34:05)Additional Resources:Connect with Mike Arce- Loud Rumor – Coaching and masterminds for gym owners- Instagram- Built to Sell by John Warrillow – Recommended book on business structuring—--- Alloy Personal Training- Learn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven't already, please rate and review the podcast on Apple Podcasts!
In this conversation, Mike Arce discusses the pervasive issue of stress among business owners, highlighting statistics that reveal the high levels of stress they experience compared to the general population. He emphasizes the importance of reframing stress as a challenge rather than a threat and shares practical strategies for managing stress, including time management techniques and delegation. The conversation aims to equip business owners with insights and tools to enhance their productivity and mental well-being. To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
Think more leads will fix your business? Think again. In this episode, Mike reveals why chasing more leads might be the wrong focus for your fitness studio and how plugging the holes in your business can lead to massive growth. Drawing on insights from working with over 3,700 gyms worldwide, Mike explains why member retention—not lead generation—is the key to long-term success. What if your business could only grow by keeping the members you already have? Tune in to discover actionable strategies to reduce attrition, exceed client expectations, and turn your members into loyal advocates for your brand. To learn more go to LoudRumor.com Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
What's the secret to cutting attrition and boosting revenue in your fitness business? In this episode, Jeremy and Luis share how consistent sales training, ancillary sales strategies, and team alignment helped them achieve an impressive 5% attrition rate—well below industry standards. Learn their actionable methods for increasing retention, driving revenue, and creating a strong, engaged team. This is a must-watch for gym owners looking to elevate their business. The secret behind their incredible success? Tune in to find out! To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
If 2024 has felt like a challenging year, you're not alone—and it's not a reflection of failure. In this episode, we unpack why tough times in business are more common than you think and what the stats reveal about the current landscape. Whether you're feeling stuck, overwhelmed, or just looking for some perspective, this episode will help you reframe your challenges and remind you that you're not as far off-track as you might think. Stick around—some of the stats we share might just shock you. To learn more go to LoudRumor.com Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
In this episode, Mike sits down with Danny Farrar, CEO & Founder of Soldierfit, to explore Danny's “One Major Move”. Danny shares insights into combining brick-and-mortar gyms with online programs to create a seamless member experience, boost trainer satisfaction, and increase revenue. Learn how value stacking and personalized consultations can lead to higher retention, better member outcomes, and a 90% close rate. Whether you're a gym owner, manager, or fitness entrepreneur, this episode is packed with actionable strategies to enhance your business and serve your clients better. The secret behind their incredible success? Tune in to find out! To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
In this episode, Mike and Hye Jin Kalgoankar dive into the powerful distinction between features and benefits in the fitness industry and how this shift in communication can significantly enhance client retention. Hye Jin shares real-world insights on crafting brand messaging that resonates with prospective clients, emphasizing why what you say matters more than what you do. They explore practical ways to communicate the benefits of what our workouts and community do effectively and how team alignment can amplify this impact. Tune in for actionable strategies on engaging clients, building trust, and fostering a committed community around your fitness brand. This episode is essential for fitness studio owners, managers, and anyone looking to connect more deeply with clients. The secret behind their incredible success? Tune in to find out! To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow Mike Arce: https://www.linkedin.com/in/mikearcelive/ LinkedIn: https://www.linkedin.com/company/loud-rumor Loud Rumor: https://www.linkedin.com/company/loud-rumor
Are you stuck in the cycle of saying, “We should be doing this,” but never actually getting it done? In this episode, we dive deep into the difference between shoulds and musts—the mindset shift that separates successful fitness businesses from the ones that stay stuck. We share actionable strategies to transform your approach to client retention, lead generation, and revenue growth. Join us as we dive into prioritizing your “musts” to create a lasting impact on your business and your clients.
In this episode of the GSD Show, we tackle a question that's top of mind for every business owner: What should you really look for when bringing someone onto your team? While qualities like hard work, intelligence, and accountability are essential, there's one quality that many people prioritize—common sense—that might not be as valuable as you think. Join us as we break down why focusing on ‘common sense' could be misleading and what traits to prioritize instead to build a truly winning team.
Today, we have a great conversation lined up with our special guest, Manny Loyden - HR Champion + Community Advocate - whose journey spans continents and industries. Manny shares his incredible career story, from his beginnings in Colombia to becoming a fitness education counselor and transitioning into the exciting world of HR technology. Despite facing challenges and making significant shifts in his career, Manny's passion for people and wellness has remained at the core of his journey. In this episode, Manny discusses the evolving nature of networking, the importance of authentic human connections in sales, and how he's thriving in his current role. He also opens up about his personal growth and the power of staying true to oneself. Tune in as Manny offers valuable insights on adding value in professional relationships and shares his excitement for upcoming events like the Disrupt HR AZ movement. Don't miss this inspirational and thought-provoking episode Time Stamps: 00:00 Became fitness counselor supporting global health education. 03:44 Left home job, joined Loud Rumor, helped fitness brands. 08:11 Monetized passion for health, wellness, helping others. 12:57 Focus on authentic connections, avoid transactional interactions. 15:42 Genuine attention sought amidst overwhelming information overload. 17:54 AI's impact debated in talent development field. 20:57 Optimization drives progress and increases job opportunities. 25:19 Embracing authenticity increased confidence and community engagement. 26:37 Excited for Disrupt HR events and programs. Connect with Manny: https://www.linkedin.com/in/manny-loyden/ Follow Elena: LinkedIn: https://www.linkedin.com/in/elenaagaragimova/ Instagram: https://www.instagram.com/elenaagaragimova/ Listen on: Apple: https://podcasts.apple.com/us/podcast/shift-with-elena-agar/id1530850914 Spotify: https://open.spotify.com/show/5UKh6dWcuQwJlmAOqD8wij --- Support this podcast: https://podcasters.spotify.com/pod/show/elenaagar/support
What sets a fitness studio apart? It's about mastering the basics and implementing smart strategies. Join Mike Arce as he chats with Nick Page, the 26-year-old owner of The Trainer Page Fitness Studio. Nick's journey is remarkable; he grew his studio's revenue from $25K to $53K per month by focusing on continuous improvement, using virtual assistants effectively, and shifting from personal to group training. His story highlights the impact of dedicated leadership, data-driven decisions, and a cohesive team, illustrating how commitment and strategic thinking can lead to significant growth. The secret behind their incredible success?? Tune in to find out! - To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor Free Resources Mentioned: How to Compile a Great Offer: https://bit.ly/3VYBliJ Intake Form-Turn Prospects Into Members: https://bit.ly/4cAY1Lm Scorecards- Measure Employee Performance: https://bit.ly/45Lmag4 - Let's Connect... Follow Nick On Instagram! Nick Page: @nickpage_nx ----------- Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow ----------- LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
The busier you get, the more crucial it becomes to have a system in place to ensure nothing falls through the cracks. Our most valuable asset is time, and if we don't know how to manage it, it will slip right through our fingers. We'll find ourselves drowning in day-to-day tasks, unable to accomplish what we set out to do. In this episode, I share the top hacks I've learned from various books, systems, and mentors to help you get the most done in the least amount of time—especially when time is a rare commodity. To learn more go to LoudRumor.com YouTube: https://www.youtube.com/@Loud-Rumor Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
What makes a Fitness Studio successful? It's knowing the difference between managing a team and leading a team of 'A' Players. This all comes down to mastering directional skills and communicating effectively with your employees. In this episode of The GSD Show, Mike Arce dives into a conversation with JB Olson, the visionary behind Elite Boxing & CrossFit's remarkable success. JB isn't just your average GM—he's a strategic leader who has doubled his studio's monthly revenue in just 2 years. His journey is an inspiring testament to exceptional leadership and showcases the importance of having employees in the right seats who are dialed in. Want to learn more about his strategy? Tune in to find out! To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor ----- Let's Connect... Follow JB Olson on Instagram: @jb.olson ----- Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow ----- LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
In this episode of the GSD Show, Mike Arce sits down with Emma Lacey and Jared Nosal from 6ycle in Allentown, PA. Discover how these innovative entrepreneurs achieved an astonishing 300% growth over the past six months. Emma and Jared reveal their game-changing strategies for generating hundreds of leads without spending a single dime on paid ads, turning each new lead into profit. Standing out from the crowd requires more than just offering quality classes. Emma and Jared's strategic approach not only boosts memberships but also enhances community engagement and elevates brand awareness. Their journey is a testament to the power of determination, creativity, and a strong commitment to their community. The secret behind their incredible success?? Tune in to find out! - To learn more go to LoudRumor.com Subscribe for new weekly videos on YouTube: https://www.youtube.com/@Loud-Rumor Free Resources Mentioned: How to Compile a Great Offer: https://bit.ly/3VYBliJ Intake Form-Turn Prospects Into Members: https://bit.ly/4cAY1Lm Scorecards- Measure Employee Performance: https://bit.ly/45Lmag4 - Let's Connect... Follow Emma & Jared Jared Nosal: @jarednosal Emma Lacey: @__emmalexandra ----------- Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow ----------- LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
Join us on this exciting new chapter of The GSD Show! Over the past six months, we've been focusing on mindset and leadership lessons learned from top mentors, and while the feedback has been amazing, we're bringing back some of the industry-specific content that gym owners and fitness businesses have found incredibly valuable. In our upcoming episodes, we'll dive deep into successful gym owners who have transformed their businesses over the past year and hear firsthand about the crucial changes they made to achieve significant growth. These interviews are packed with insights you can apply to your own business. Additionally, Mike Arce will share episodes where he discusses the latest trends and strategies in fitness, business, marketing, and sales. Whether you're commuting, prepping for work, or hitting the gym, our podcast will keep you informed and inspired. Don't miss out on this incredible lineup. Thank you to our loyal listeners, and those new to the show, come join the big leagues—it's going to be great. Subscribe now and stay ahead of the game. To learn more go to LoudRumor.com YouTube: https://www.youtube.com/@Loud-Rumor - Follow Us! Instagram: Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn: Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
As you grow as a leader, so will your ego. But is that a bad thing? Listen to a great lesson I learned from Andy Frisella, founder of 1st Phorm Supplements and 75 Hard. To learn more go to LoudRumor.com YouTube: https://www.youtube.com/@Loud-Rumor Share Your Thoughts With Us! Instagram Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
A must-listen-to episode to prepare for the new world of marketing and advertising. Things are changing, and they're changing fast. Those that learn this first, win fast. Those that don't… To learn more go to LoudRumor.com YouTube : https://www.youtube.com/@Loud-Rumor Follow Us! Instagram Mike Arce- CEO & Founder of Loud Rumor Loud Rumor- Where the Best Gyms Go to Grow LinkedIn Mike Arce: https://www.linkedin.com/in/mikearcelive/ Loud Rumor: https://www.linkedin.com/company/loud-rumor
If you're a leader or looking to become a leader, one of the most important skills you can develop is the ability to control your state and your emotions. In this episode, I will share some things I've learned over the last few years that have helped me improve this drastically.
Carry Your Own Bag, Extreme Ownership, Massive Accountability…These are some very wonderful buzzwords that have been floating around the internet over the last few years. But what does it actually mean, and do you really think you live it? Today...you may learn that you don't always do.
About a decade ago, I was paired up with a mentor that I really didn't like. I didn't like their style. I didn't like how they did business. And yet…I was stuck with them. However, after I asked for a different mentor, something happened that I didn't expect. I wanted to share that story with you on this episode as it was a big lesson for me and I hope it will be for all of you.
I talked to a business owner today named Kendall, from the barre3 franchise (who I love). She came to me with a challenge around her people saying that prospects are unhappy with the amount of follow-up that they do to get them into the studio. In this episode, I share how that conversation went and why I believe this is OK.
If you're feeling overwhelmed or have ever felt overwhelmed, I will help you see this feeling in a way that you've never seen before so that it never bogs you down again.
Over the years, my belief in luck has shifted three times. Is there such a thing as luck? Do you make your luck or maybe… it's something else. Over the last few years, I've landed on it being something else. In this episode, I'll share with you more about what I mean and why I believe this.
In the next 10 minutes, you are going to learn how to get a massive amount of new leads for your gym. Massive, meaning more than you've generated throughout your entire career. Discover how to attract a flood of new leads without touching your budget, and even get paid in the process! Mike Arce brings field-tested strategies from his successful work with over 3,100 gyms worldwide, sharing the secret of achieving negative cost per lead. Tune in to empower your fitness business with explosive growth and double your revenue without the typical marketing expenses. This isn't just another podcast episode- it's your new playbook for success.
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.
In episode 151, I sat down with the dynamic Mike Arce, founder of Loud Rumor and a trailblazer transforming how gym owners manage and grow their businesses. Today, he's here to share his innovative approach to revamping profit and loss statements, diving deep into numbers like customer acquisition costs and lifetime value to bring real financial literacy to the fitness industry. Mike made the leap from ad agency to business consultancy, broadening his team's skill set with wealth managers, data analysts, and franchise savvy experts, to empower gym owners beyond the traditional marketing model. As global events threw the world into chaos, Mike's pivot not only helped gyms navigate the storm but thrive amidst it, emphasizing the importance of resilience and adaptability. He also hits on the importance of community through his exclusive events for seven-figure businesses. And you won't want to miss our debate on the emergence of AI in marketing – will agencies survive? Mike's insights and predictions could redefine your outlook on how to harness these tools for success. From shared business templates to secrets of successful business ownership, Mike Arce's dedication to his mission shines through as he offers a wealth of knowledge to help those in the fitness industry make a profound impact. Now, brace yourselves for a deep dive into marketing, resilience, growth, and the future of the agency model, on this episode of Operation Agency Freedom. Discussion Points: 00:00 Intro. 03:11 Transition from ad agency to fitness niche. 10:43 Maximize customer lifetime value, minimize acquisition costs. 14:04 Entrepreneurship isn't easy, but worth it. 18:41 Commit, work hard, expect significant growth. 28:01 Increasing demand for marketing creates opportunity for agencies. 32:28 Key qualities for success: discipline and financial skills. 35:25 Surrounding oneself with positive influences is crucial. 40:06 Retention tool to increase customer worth. 43:23 Outro Resources: • Connect with DUDE on the following social channels • Facebook / dudeagency • Instagram / dudeagency.io • Visit our YouTube channel / @dudeagency2093 • Check out our website and see how we can help you run a profitable agency https://bit.ly/3RPh4Zn
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 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.
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.
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
In the pursuit of gym success, especially when operating at $25,000 to $30,000 of revenue per month, one key element stands out: building a real community around you. Mike Arce, CEO of Loud Rumor, emphasizes the power of surrounding yourself with three or four individuals as hungry for success as you are. This community becomes the catalyst for motivation, focus, and accountability, propelling entrepreneurs to overcome challenges and achieve their ambitious goals. In the world of business, your environment shapes your success, and cultivating a supportive community is the cornerstone to making the seemingly impossible a reality.
In the cutthroat world of franchising, the dream sold to franchisees often crumbles into bankruptcy. In a LinkedIn post, I, Mike Arce, CEO of Loud Rumor, shed light on the misleading narratives, where franchisors tout a turnkey success story. The reality, however, is stark—minimal support, unmet promises, and struggling franchisees. While some franchises thrive, success demands business acumen, leadership skills, and strategic thinking. To escape the franchise nightmare, franchisees must cultivate essential skills, make informed decisions, and take charge of their success. It's time to stop blaming the franchise and start building the skills for lasting success.