Astroslice

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Astroslice

Astroslice

@Astroslice

Katılım Ağustos 2011
223 Takip Edilen72 Takipçiler
Benjamin Cowen
Benjamin Cowen@benjamincowen·
This is a good question
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Wealth Mastery by Lark Davis
Wealth Mastery by Lark Davis@WealthMastery_·
🚨 We’re giving away $1,000 in $BTC To enter: 1️⃣ Follow us @WealthMastery_ 2️⃣ Like & Repost this tweet 3️⃣ Tag a friend in the comments below Winners will be announced on Friday. Best of luck!
Wealth Mastery by Lark Davis tweet media
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Davinci Jeremie
Davinci Jeremie@Davincij15·
What’s your favorite #L2 token this cycle?
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Astroslice
Astroslice@Astroslice·
@JoePompliano This reminds me of the company 'basic fit' we have in europe.
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Joe Pompliano
Joe Pompliano@JoePompliano·
Planet Fitness is a fascinating case study. They offer free pizza and bagels and kick out all the powerlifters by removing heavy weights from the gym. But their membership price hasn't changed in 25 years, and they now have 2,500 gym locations worldwide. Here's how it works 👇 The Planet Fitness story starts in 1992. Michael & Marc Grondahl came from a family of entrepreneurs and wanted to start their own business. So they bought a struggling Gold's Gym in Dover, New Hampshire. But instead of catering to bodybuilders (like Gold's Gym), they focused on getting first-timers acclimated to fitness. They added aerobics classes, child day care, state-of-the-art equipment, and introduced year-long payment plans. The model initially worked — but as they added two more locations, problems started to compound. Example: A kid would push another kid in daycare and start crying, or the aerobics instructor wouldn't show up for work and people would get pissed. So the Grondahl brothers returned to the drawing board for their fourth gym in Portsmouth, New Hampshire. They removed the heavy weights and introduced the "Judgement Free Zone," effectively kicking out bodybuilders and softening the gym's image. They ditched group classes, juice bars, and childcare facilities, filling the gym with nothing but equipment. And they changed the gym's hours to 24/7/365. But the real game-changer was the price. That's because getting rid of all the fluff typically associated with gym memberships (group classes, smoothie bars, steam rooms, etc.) allowed Planet Fitness to drop its price to just $10 per month. That's 80% cheaper than the average gym in the United States ($50/month) and 94% less than an entry-level membership at a luxury gym like Equinox. And here's the craziest part... The $10/monthly price hasn't changed in 25 years. Planet Fitness can do this because: 1) They sign cheap lease agreements with large retail locations that are struggling (Toys “R” Us, Circuit City, etc.). 2) They intentionally target the 80% of Americans that don’t have a gym membership. The $10/month price point is perfect for these people — affordable enough to get new members but cheap enough so no one cancels. And it allows Planet Fitness to significantly oversell its available inventory (aka gym space). For example, the average Planet Fitness is 20,000 square feet and has 7,500 members. But Planet Fitness knows that 60% of its members don't go to the gym for a 30-day period. So they oversell the space and collect more membership fees each month. The company then upsells a large portion (60%) of the members that do use the gym, convincing them to pay $25/month for a better package (all locations, etc.). And they scale this model through franchises. Planet Fitness only owns ~200 of the 2,500 locations. The rest are owned by franchisees (individuals, private equity funds, etc.) that pay between $1.5 million to $5 million in setup costs. These franchises then provide Planet Fitness a steady revenue stream of gym membership royalties (7%), national marketing fees, and even PF-branded equipment sales. Example: Planet Fitness sold $227 million in equipment to franchises last year alone. Planet Fitness 2022 Revenue Breakdown • Franchise revenue: $271.6 million • Corporate-owned store revenue: $379.4 million • National advertising fund revenue: $58.1 million • Equipment: $227.7 million –––––——— Total 2022 Revenue: $936.8 million (+60% YOY) And Planet Fitness doesn’t seem to be slowing down anytime soon. Their franchise model enabled them to open 158 new gyms last year alone — and by keeping their monthly membership rate steady at $10, same-store sales increased more than 11% from 2021. Planet Fitness Market Cap 2015: $1.5 billion 2023: $6 billion So the lesson here is simple: Sometimes it pays to think outside the box. ** This breakdown is an excerpt from my 3x weekly podcast (Top 50 in US Sports). Subscribe below so you don't miss any episodes going forward! Apple: podcasts.apple.com/us/podcast/the… Spotify: open.spotify.com/show/5PLKKWZNo…
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Astroslice
Astroslice@Astroslice·
@PeterSchiff I really thought you were hacked or joking! This is crazy, after all these years..
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Peter Schiff
Peter Schiff@PeterSchiff·
I'm pleased to announce an art project with one of my favorite artists, Market Price. This collaboration features the original painting “Golden Triumph” as well as a series of prints and Ordinals inscribed on the #Bitcoin blockchain. For information go to 1marketprice.com/golden
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Alex Becker 🍊🏆🥇
Alex Becker 🍊🏆🥇@ZssBecker·
Today is pretty big moment in @NeoTokyoCode . Not only am I sitting down in hours with our community to break down building tech & selling for 9 figures BUT this next update on Bytes 2.0 and the c-update is wrapping up, propelling us to phase 2 🧵 (like + comment = win a s2)
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Astroslice
Astroslice@Astroslice·
@CryptoCapo_ Even if it goes to 12k. You are still wrong because you missed this rally.
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il Capo
il Capo@CryptoCapo_·
Capriltulation.
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Michael Saylor
Michael Saylor@saylor·
MicroStrategy repaid its $205M Silvergate loan at a 22% discount. As of 3/23/23, $MSTR acquired an additional ~6,455 bitcoins for ~$150M at an average of ~$23,238 per #bitcoin & held ~138,955 BTC acquired for ~$4.14B at an average of ~$29,817 per bitcoin. microstrategy.com/en/investor-re…
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Layah Heilpern
Layah Heilpern@LayahHeilpern·
I will send $1000 USDT and my signed book to one lucky winner who will retweet this and follow @CoingraphNews in the next 72 hours! 💸
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Wall Street Mav
Wall Street Mav@WallStreetMav·
Wars have been fought over less.😠
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JRNY Crypto
JRNY Crypto@JRNYcrypto·
Merry Christmas 🎁 Giving away some Villagers from @PlanetXOLO Just comment below
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sunnydecree
sunnydecree@sunnydecree·
I have another 100k ready to buy the dip. Should I buy now or wait? Thoughts?
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BaBar 🐘💎
BaBar 🐘💎@Babar_NFTs·
If you are holders of @JungleFreaksNFT show up in the comments. I need to show how many of you are active and ready to bring back JF as bluechip
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The Bitcoin Express
The Bitcoin Express@The_BTC_Express·
Dogecoin will never reach $10 Shiba Inu will never reach 1 penny XRP will never hit $589 (seriously, who came up with this?) gn
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Astroslice
Astroslice@Astroslice·
@ZssBecker You moron.. El Salvador just bought 80 bitcoin! If Saylor takes all his cash, he can buy like 90 or maybe a 100 bitcoin. Then we never have to work again
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Alex Becker 🍊🏆🥇
Alex Becker 🍊🏆🥇@ZssBecker·
Lol you bears and “it’ll go lower” bro’s are clowns... You just wait till El Salvador and Saylor tag CHAD team this bitch and buy a combined 13 bitcoins #facemelt #pamp #hesold Have fun staying poor
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