CrossFit vs. Fitness Gym Business- What Is Right for You?
Fitness and business gurus agree the path to successful entrepreneurship is choosing a niche you are passionate about. Though the journey may seem confusing, it helps if you focus your efforts on a specific area. If you’re on the fence about becoming a CrossFit affiliate box gym owner or opening up a fitness gym business, consider the following information.
When compared to other business models, the bar to becoming a CrossFit affiliate is quite low. For a nominal fee, anyone in the CrossFit community who is certified can become a box gym owner. Even after accounting for other startup expenses, such as CrossFit insurance, lease payments, utilities, and equipment, the cost of opening and operating a general or traditional style fitness center is not too appealing or feasible for anyone who is operating with a limited number of resources. CrossFit startup costs are considerably lower than traditional gym centers. Those who have access to more financial means are better equipped to meet their business goals. Traditional fitness enthusiasts who are just starting out often require far more resources and time just to enter the market.
Freedom and Empowerment
Unlike regular gym franchises, CrossFit affiliates have more freedom in how they develop and operate their businesses. The CrossFit business model doesn’t restrict or dictate what its owners cannot do in their gyms. They can cater specifically to their target audience. They have real ownership, it’s part of the CrossFit brand. This freedom is extremely useful because it removes potential barriers that can impede success. Many gym franchises are strict in what owners can do. Violations and penalties can quickly eat away at critical resources, decreasing profit margins and increasing the rate of failure.
CrossFit enthusiasts are committed and are willing to spend money to support their passion. When you consider the average cost of membership, CrossFit workout equipment, gear, and accessories, it’s easy to see that the profit margin for affiliates is high. No matter where you look, people love CrossFit. Many of them love to travel and visit to other gyms and fitness centers. One thing that stands out about members of the CrossFit community is that no matter how far they travel, or what their health and fitness interests are, they choose CrossFit. Their passion is unwavering.
For traditional fitness business owners, the road to inspire member loyalty is riddled with potholes. Many general fitness enthusiasts are in love with fads. Franchise owners often lack the spirit, passion, innovativeness, commitment, and resources to meet their members’ health and fitness goals to inspire loyalty.
Networking and Marketing
Marketing is key for any business. Any gym business owner or CrossFit affiliate who wants to become successful must develop the right marketing strategies. These strategies must engage and relate to the target audience in a specific manner that doesn’t turn them off. When it comes to the CrossFit community, successful affiliates have access to limitless networking opportunities that can be leveraged into successful marketing campaigns and more.
By taking advantage of the opportunities available in the community, CrossFit gym owners of all experience levels can preserve critical resources and redirect them into areas of their operations. Many traditional gym startups don’t. They waste far more time and resources trying to home in on effective tactics to keep their businesses afloat.
Perseverance and Dedication
CrossFit affiliates are used to working hard to achieve results. They know the proof is in the pudding and are far less likely to quit when things get tough. The level of personal commitment, sacrifice, and motivation CrossFit members need to achieve their health and fitness goals provides a solid foundation for them to fall back on as entrepreneurs. They pay close attention to the details and other critical information and are adept at making the necessary changes to make their ventures successful.
A primary reason people love CrossFit is it provides them the tools that need to become stronger and more flexible physically and mentally while improving their appearance and health. They are used to the pain and gain of working out and instead of accepting the consequences of falling short of their goals, they don’t give up. Hardships may come and go, especially during the inception stages. But CrossFit affiliates know the struggle and are willing to do what it takes to rise to the occasion over and over again, no matter how long it takes. This better prepares them for the vigorous demands of business ownership. Not many traditional fitness gym business owners can say that.
The Thrill of Competition
At the very heart of the CrossFit spirit is competition. Whether it’s personal, fitness, or business-related, competition is necessary when pursuing goals. CrossFit members know what’s it’s like to be in competition with themselves and others. And instead of doing just enough to beat their adversaries, they develop the stamina, power, and knowledge to survive and push through all challenges. Even in the face of business challenges, CrossFit affiliates and trainers use the thrill of competition to their advantage and take their ventures to new heights. Traditional gym business owners often redirect their focus onto areas of their operations without identifying and fixing what doesn’t work.
CrossFit Affiliate or Fitness Gym Business Ownership
Starting a fitness business requires a specific mindset and the right resources and connections to minimize growing pains. CrossFit affiliates have the mental power and drive to reach their goals, no matter the obstacles they may face. They also have the unwavering support of the CrossFit community. Traditional gym business owners usually have generalized knowledge that is not always enough to address certain business challenges directly or properly. They lack the resources and flexibility to expand their scope, network, and communities.
When it comes to traditional fitness gym models, identifying the competition is not so easy. The playing field is much more diverse, and the target audience is not necessarily as committed to a specific workout practice. Many fitness gym owners struggle to connect with their members and their respective communities because of the distractions and daily challenges that get in the way. Also, their members are not as loyal. Many people find it hard to commit to gyms that offer little guidance or support to address their specific needs.
Members don’t enjoy feeling like they’re being squeezed dry just to take advantage of the classes, one-on-one instruction, and fitness resources that regular gyms offer. Traditional style gyms make more work for members. CrossFit box gyms, on the other hand, provide everything members need so all they need do is show up and put in the physical effort to meet their health and fitness needs.
The next time you find yourself pondering if the CrossFit or fitness gym business model better suits your entrepreneurial goals, consider the above information. Then ask yourself, “What have you got to lose?” The CrossFit business model provides a solid foundation of critical business skills and first-hand experience that affiliates can use to avoid failure.
CrossFit RRG offers insurance options for CrossFit affiliates, trainers, and fitness gym owners to protect their investments and achieve their dreams of success. Contact our CrossFit insurance agent today.