Ep29: Scaling An Online Fitness Business To Do Over $1.5 million/year with Jake Wilmott

7 Aug 2024 · 42 min
Episode

7 Aug 2024 · 42 min

0:00

Podcast interview (SoJ) with Jake Wilmott of Fit Tribe discussing his journey from engineering to running franchise gyms to founding an online women-focused fitness company (Fit Tribe). Covers the 2.5-year transition to a fully online model, lessons from a failed franchise (Five Element Fitness / 5EF), team structure (founder trio + contractors, setters, closers), product focus (data-driven weekly assessment, longer high‑ticket programs), work–family balance with an 11‑month-old, and near-term financial targets (aiming for ~$1M annual revenue; projecting $1.5–2M). The tone is candid, reflective, and practical—emphasizing experimentation, tough conversations among cofounders, and metrics-first decision making.

Questions this episode answers

About two and a half years.

Approximately 18 kilograms.

Thirteen studios.

About 11 months old.

Goal: ~$1 million; projecting roughly $1.5–2 million in contracts/revenue.

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