How to Think Like An Entrepreneur (And Why)

How to Think Like An Entrepreneur (And Why)

By Madison Allen

FRNation.com

Most people who decide to open a fitness business have some past experiences in common. For instance, they’ve probably been a personal trainer. Maybe they’ve held management positions with an employer and risen high in the ranks.

 

Thinking like a trainer and a manager is important. But to really succeed, you have to assume another role and think like an entrepreneur.

 

This mindset is crucial so you can make better decisions for the success of your business. It’s about how we see ourselves. It’s about the stories we tell others about who we are. And it’s centered around critical thinking and decision making.

 

Here’s an overview of what I mean.

 
Why It Matters

 

Entrepreneurs quickly learn that they’ve got to do more with less, that time is crucial, and that decisions add up to consequences good or bad. It’s the difference between owning a job and owning a business.

 

So think about the essential qualities of a successful gym owner. How do you go about making smart business decisions? What questions drive your critical thinking and problem solving?

 

Remember that, if your leadership doesn’t develop, then neither will your business.

 
Essential Qualities

 

A successful gym owner has:

 

  • Stakeholder awareness. Who they are and what their perspectives are. What’s your goal with them, and how do you want them to feel?
  • Strong communications skills
  • Information gathering and staying informed
  • Presence – How you’re seen and heard
  • Adaptability – Making changes in real time as needed
  • Critical Thinking. It starts with self-guided questioning. What’s happening right now? What possible changes are coming? What am I missing?
 
How an Entrepreneur Thinks

 

Leaders are always thinking about how to grow and develop these critical-thinking and problem-solving skills.

 

They follow a framework for making smart decisions that’s based on knowing their purpose, limitations and risk, and then developing a plan.

 

I hope this gets you thinking about how, with a slightly different mindset, you can start thinking like an entrepreneur to grow your business into something great.

We have an awesome team of Success Coaches here to talk about this and everything else to shorten your learning curve. It starts with a free consultation, so schedule your call today.


Fitness Revolution helps fitness business owners build and scale successful businesses they love running. Through Strategic Business Coaching, powerful tools and metrics, and live training events, FR is able to help these studio owners tackle their biggest, most pressing challenge. For more information, visit https://frnation.com/.

Stay Connected!

Subscribe to FitBizWeekly’s FREE newsletter for news, commentary, idea sharing and developments across the Canadian health and fitness industry.


By clicking on the Subscribe button you agree to be on our newsletter list. You can opt out anytime. We respect your privacy. Your information will not be shared and your email address will be stored safely. 

Stay Tuned

Subscribe to our weekly newsletter 

By clicking on the Subscribe button you agree to be on our newsletter list. You can opt out anytime.  

We respect your privacy. Your information will not be shared and your email address will be stored safely.