What gym owners misunderstand about stepping away, and the planning required to avoid being pulled back in
Can you ever really step away from a one-site, two-site or three-site gym business?
Probably not.
I know that’s not what people want to hear, but it’s the truth. You’re always one key person leaving away from having to step back in and fix something. That’s the reality of that scale of operation.
The worst place to be is “half out”
I never want to be half out. That’s the worst of both worlds.
And I see it all the time: the founder is still emotionally and commercially attached to the business, but they’re operating at arm’s length. One foot in, one foot out. It makes no sense to me.
For me, you’re either all in or all out. And “all out” only happens once you’ve taken it as far as you can.
What “out” actually looks like
To get to that point, you need a big, hairy, audacious goal. Something worth building toward. And you need to accept that you’re not getting fully out of a two- or three-site business.
Depending on your definition of “out,” you can have a good lifestyle with a couple of sites. You don’t have to be on the gym floor 70 hours a week. You don’t have to be firefighting every issue.
That’s fine. But let’s be clear: that isn’t out.
Out is when someone else runs the business. You’re non-exec. Or you’ve sold it and exited completely. That’s what “out” really means.
Why most gym owners never reach that point
Very few people get there. Usually because they were never on the right trajectory in the first place.
Sometimes it’s because they haven’t got it in them. More often it’s because they set their sights too low. They build a business that caps their own exit potential from day one.
And honestly? I think “getting out” is a strange ambition anyway.
Why did you build the business in the first place? Did you really create your own business just to step away from it?
I only want to step away when it’s not growing, I’m not growing, or I’ve taken it as far as I can. When that day comes, I’m out. Until then, I’m in.
Can you ever step away from your gym? Here’s how to plan for it
How can you set a business goal that actually lets you step away one day?
I haven’t sold up and moved on, so I’m not talking from exit experience. But in terms of stepping away as an owner-operator, the first thing is this:
You’ve got to be clear on what “stepping away” actually means for you. That starts with a plan. What’s the 1, 3, 5-year plan? Or the 1, 5, 10-year plan? You need clarity on the point you’re trying to reach and the moment you’d realistically “jump off.” That point will change, of course. But you still need a North Star.
Ask yourself:
- What does my version of “out” look like?
- Is it cashing out and living off what I’ve built?
- Or is it simply not having to be somewhere at 6am every morning?
Very few businesses scale to the point where they sell for meaningful money. For most gym owners, “exit” is less about a sale and more about the freedom the business gives you through your schedule, your responsibilities and your lifestyle.
Can you follow a long-term business plan that always stays on track?
Put simply: the map is easy. The terrain is difficult. You need a map because you need a clear view of what you think the journey will look like. But the only certainty is that it won’t play out exactly how you draw it up. The terrain will be messier, more complex and you’ll have to navigate that in real time.
This is how we approach it at Foundry. We’ve got enough know-how now, certainly for training gyms, to build models and plans that are proven and viable. We know how the machine works. These inputs create these outputs. Repeated long enough, they will get you to that point.
So yes, you can forecast. Yes, you can model revenue. Yes, you can plan growth. But the actual execution will always be messier than you hope or naïvely think.
Looking for some support to grow or scale your gym, but not sure where to start?
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