Guest Posted May 14, 2010 Report Share Posted May 14, 2010 Right I think this needs to be addressed. There will be arguments and good points for and against this so I think everyone should pitch in not just the usual suspects. Gyms... How comes clothing companies make so much money and profit so they can train there fighters in the best gym, take the best supps and ultimately have the best fighters yet it is the gym that helps create the fighters and most gyms are losing money every week to make the best gyms. Clothing has only a morale boost its silly. This is not right, now I'm not complaining because I know my fighter is in my gym and its a good one but when I run out of money I'm fcked basically. Now I know this was my choice but something must change to support us, either lower the coach fees slightly, lower the equipment charge fee I don't know. Although I understand the current format stops 12 elite coaches springing up but we should still be able to make some money to support our fighters. If anyone has any suggestions maybe we could put something to mike to make it a bit fairer. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 there are a lot of clothing companies that dont make money. as for gyms no one ever said to open a gym with 12 elite coaches, there are gyms with no coaches that make good money edit: this gym owner revealed his finances and has over $25k http://www.mmatycoon.com/gympublic.php?gmid=918 thats good money Quote Link to comment Share on other sites More sharing options...
Italscratch Posted May 14, 2010 Report Share Posted May 14, 2010 Well, what's the worst that can happen? Close gym and lose VIP(and all that comes with it, namely fighters). I counted that in my plan when i thought about opening one. Did some math and came to conclusion that I'll have to have almost full gym whole year just to pay for coaches, debt and cleaning. Yet i did it anyway, why? Because I wanted to try and so far it's fun Also, grass is always greener on the other side to all who financially fail in business of any type Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 Suppose I just want it all too quick which will be my down fall. Have a look at my gym and tell me how I can stop it from losing money. Xtreme Tokyo in tokyo lol Quote Link to comment Share on other sites More sharing options...
TK Posted May 14, 2010 Report Share Posted May 14, 2010 Suppose I just want it all too quick which will be my down fall. Have a look at my gym and tell me how I can stop it from losing money. Xtreme Tokyo in tokyo lol Best way to devise a gym plan is to analyse the market (any market) and try to fill a gap. Offering the same as everyone else would mean you'd need to do it cheaper, and undercutting isn't the way forward in a tight market. Look all round the world and try to identify a need you can fill. Don't be afraid to specialise, either. Quote Link to comment Share on other sites More sharing options...
MarkBerry Posted May 14, 2010 Report Share Posted May 14, 2010 You moved to fast. Quote Link to comment Share on other sites More sharing options...
mrj2020 Posted May 14, 2010 Report Share Posted May 14, 2010 theres definitely money to be made out of gyms at all levels Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 Suppose I just want it all too quick which will be my down fall. Xtreme Tokyo in tokyo lol Oh instant gratification. You could masterbate? now Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 look at signature Gyms are difficult to run profitably. 5.5 fighter to coach ratio with elite/dbl elite coaches you're going to break even or lose money (most likely) It takes time, but if you stay around 6.5-7 fighter to coach ratio, keep your equipment above good, always pristine condition, you should (if you have the right coaches) make capacity and slowly but surely make money. I am not going to release how much money I make off Fort Knox but its a slow but sure thing and funds my 15 fighters (their org salaries help too). The gyms with 7+, 8+ fighter to coach ratio and are full will make more of a killing--the higher you go really, the more money you will make--however, as your fighter to coach ratio gets shittier, people are less likely to join your gym because it is shit or is getting shittier This is all said from an elite gym owner. I don't know much about the mid-level, low-level conditioning gym stats/recommendations. Clearly you cannot jump to elite--it costs a shit-load of money to get the elite/dbl elite coaches and your gym fees are easily over 50k. On the other hand, you can run an org and make a shit-ton of money, but then you have to spend half of your life maintaining it. If you make a clothing company, I would suggest being original-- http://www.mmatycoon.com/clothingpublic.php?cid=1486 F.U.K.C--this is the best gear in the game imo. the market for people who don't take gear 'realistically' is not really tapped yet, whereas the serious gear is over-saturated. Or, you can be a douchebag and open a gym, close the gym before coaches are paid, and take all your member's money like that one guy did. You will be ostracized and never be able to have any kind of reputation on this game and people will hate you, but you will make a solid amount of bling ONE LAST THING (i keep having to edit)-- you can find a job as a writer, ask for 2k a week, to help get your bankroll started. I wrote for UCF in Rio for 10 or so weeks (20k) and that helped a ton. Quote Link to comment Share on other sites More sharing options...
j666 Posted May 14, 2010 Report Share Posted May 14, 2010 this thread is gonna get raped in half...a bit unnecessary since this has been talked about in hundreds of other threads. lizzle Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 look at signature Gyms are difficult to run profitably. 5.5 fighter to coach ratio with elite/dbl elite coaches you're going to break even or lose money (most likely) It takes time, but if you stay around 6.5-7 fighter to coach ratio, keep your equipment above good, always pristine condition, you should (if you have the right coaches) make capacity and slowly but surely make money. I am not going to release how much money I make off Fort Knox but its a slow but sure thing and funds my 15 fighters (their org salaries help too). The gyms with 7+, 8+ fighter to coach ratio and are full will make more of a killing--the higher you go really, the more money you will make--however, as your fighter to coach ratio gets shittier, people are less likely to join your gym because it is shit or is getting shittier This is all said from an elite gym owner. I don't know much about the mid-level, low-level conditioning gym stats/recommendations. Clearly you cannot jump to elite--it costs a shit-load of money to get the elite/dbl elite coaches and your gym fees are easily over 50k. On the other hand, you can run an org and make a shit-ton of money, but then you have to spend half of your life maintaining it. If you make a clothing company, I would suggest being original-- http://www.mmatycoon.com/clothingpublic.php?cid=1486 F.U.K.C--this is the best gear in the game imo. the market for people who don't take gear 'realistically' is not really tapped yet, whereas the serious gear is over-saturated. Or, you can be a douchebag and open a gym, close the gym before coaches are paid, and take all your member's money like that one guy did. You will be ostracized and never be able to have any kind of reputation on this game and people will hate you, but you will make a solid amount of bling ONE LAST THING (i keep having to edit)-- you can find a job as a writer, ask for 2k a week, to help get your bankroll started. I wrote for UCF in Rio for 10 or so weeks (20k) and that helped a ton. I Made a mistake and I really dont suggest doing that. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 I Made a mistake and I really dont sugges doig that oh yeah that was Nick Quote Link to comment Share on other sites More sharing options...
BigTree Posted May 14, 2010 Report Share Posted May 14, 2010 I Made a mistake and I really dont suggest doing that. Why not? Then he would have enough "found" money to open a private Elite gym just for his fighters and a few others. All of his problems from the original post would be solved Quote Link to comment Share on other sites More sharing options...
misfire200 Posted May 14, 2010 Report Share Posted May 14, 2010 Well either you can run a public gym that makes 3-7k a week with 80+ cap or you run a semi or private gym and lose money...or a cardio gym...but thats really it...gyms are not meant to make money. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 If you make gyms more affordable, clothing companies will simply be able to sponsor gyms even easier. What's true is that clothing companies in particular have no extra cost for making good clothing, but if it's in high demand can sell it higher. No other company can do that. Perhaps we need an exponential research cost for better clothing a la supplements? Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 The gyms with 7+, 8+ fighter to coach ratio and are full will make more of a killing--the higher you go really, the more money you will make--however, as your fighter to coach ratio gets shittier, people are less likely to join your gym because it is shit or is getting shittier This is all said from an elite gym owner. I don't know much about the mid-level, low-level conditioning gym stats/recommendations. That depends on how you handle the ratio situation, I have people messaging me to get a slot in my gym. I can clear 10k a week profit if I can get sponsorships and whatnot for my own fighters. As it stands now I make 4k a week, because I currently keep 6k in limbo for my fighters. I think $600 is fine. First, the immediate question is, if you raise it, where do you stop? It used to be $500 and it was raised to $600. Make it $700 now? $1000? How about in another 6 months? $1500 then? Second, the $600 cap requires ingenuity and planning and innovation. Too many people have in their head this 12-coach, all-around, $600, 90-person gym. Maybe we need to consider a 20-person, 4-coach gym that trains just Takedowns and Takedown Defense, for example. Think outside the box. This is for the op. This also helped me decide to up to a $600 gym. My gym actually has a 5.5 cap. I can confidently say it will never have 5 guys in one coaching session, because the sparring is too good to pass up. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 Or, you can be a douchebag and open a gym, close the gym before coaches are paid, and take all your member's money like that one guy did. You will be ostracized and never be able to have any kind of reputation on this game and people will hate you, but you will make a solid amount of bling I'd just like to point out that the guy who did that is Nick M, http://www.mmatycoon.com/managerprofileman...php?MgrID=12694 and is in the chat under 'NFNickM' or something like that He isnt as ostracized as you would think, he still interacts and seemingly does business in the chat, maybe it doesn't itch people like it does me. He's trying to save his rep by claming he thought fees were paid after your week of training..okay even if that was true, why did he fire his coaches before fees.... then create a private gym after Lol and its awesome you used the word douchebag Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 If you make gyms more affordable, clothing companies will simply be able to sponsor gyms even easier. What's true is that clothing companies in particular have no extra cost for making good clothing, but if it's in high demand can sell it higher. No other company can do that. Perhaps we need an exponential research cost for better clothing a la supplements? fuck that, clothing companies cant sell $300 items like nutri's can Quote Link to comment Share on other sites More sharing options...
ringfinger Posted May 14, 2010 Report Share Posted May 14, 2010 1. take it slow 2. know your competition 3. use excel or some other program to manage your finances so you know what is going on rather than just guessing Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 fuck that, clothing companies cant sell $300 items like nutri's can +1, and clothing companies is not an easy route either, I thought it was until I tried it. Damn...if it wasn't for the custom I made(and kind guys that bought a lot of shirts at once), I probably lost money every week. Quote Link to comment Share on other sites More sharing options...
j666 Posted May 14, 2010 Report Share Posted May 14, 2010 here's an idea...let's go quote all the responses from the 50 other threads on this subject and post them all here. lizzle... Quote Link to comment Share on other sites More sharing options...
andarion Posted May 14, 2010 Report Share Posted May 14, 2010 douchebag...lol +1 Quote Link to comment Share on other sites More sharing options...
Guest Posted May 14, 2010 Report Share Posted May 14, 2010 i posted some sincere thoughts in this thread. i hope they are not overlooked by that guy who ripped everyone off Quote Link to comment Share on other sites More sharing options...
Guest Posted May 15, 2010 Report Share Posted May 15, 2010 fuck that, clothing companies cant sell $300 items like nutri's can yeah obviously right now there is no need to buy a $300 shirt, but if you actually had different quality shirts where the only way to reach mega-high morale was with a $300 shirt people would buy them. Quote Link to comment Share on other sites More sharing options...
thegroovemonkey Posted May 15, 2010 Report Share Posted May 15, 2010 One way I've found to support my fighters is to actually have them fight. You've got a lot of young fighters with no contracts and no fights. Quote Link to comment Share on other sites More sharing options...
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