Opening Day Disasters: What New Gym Owners Need to Know

In this eye-opening episode of the “NASM-CPT Podcast,” host, and NASM Master Instructor, Rick Richey, pulls back the curtain on gym ownership, sharing a raw and honest account of the unexpected hurdles he recently faced while opening a new gym location in New York City. With his signature blend of humor and candor, Rick walks listeners through a chaotic week filled with blown HVAC units, last-minute installation marathons, confusing ductwork discoveries, and the ever-mounting costs that come with running a fitness facility. Rick doesn’t sugarcoat the reality: being a gym owner isn’t just about the perks or the dream of setting your own hours—it’s about dealing with real, sometimes relentless, problems. He recounts waking up to a flurry of urgent texts, locked gym doors, broken equipment, and the relentless stress of trying to keep multiple locations running, all while supporting trainers and clients. This episode isn’t just a cautionary tale but a roadmap for aspiring gym owners. Dr. Richey offers invaluable advice on building a robust business plan, budgeting for capital and operational expenses, and mentally preparing for the inevitabilities that can—and will—go wrong. Whether you’re a personal trainer dreaming of your own studio or just curious about the behind-the-scenes of fitness entrepreneurship, this episode delivers heartfelt lessons, practical strategies, and a much-needed reality check. Tune in and discover what it really takes to thrive in the fitness industry when the unexpected strikes. If you like what you just consumed, leave us a 5-star review, and share this episode with a friend to help grow our NASM health and wellness community! The content shared in this podcast is solely for educational and entertainment purposes. It is not intended to be a substitute for professional advice, diagnosis, or treatment. Always seek out the guidance of your healthcare provider or other qualified professional. Any opinions expressed by guests and hosts are their own and do not necessarily reflect the views of NASM. Introducing NASM One, the membership for trainers and coaches. For just $35/mo., get unlimited access to over 300 continuing education courses, 50% off additional certifications and specializations, EDGE Trainer Pro all-in-one coaching app to grow your business, unlimited exam attempts and select waived fees. Stay on top of your game and ahead of the curve as a fitness professional with NASM One. Click here to learn more. https://bit.ly/4ddsgrm