Three years later, Tokmajian can hardly recognize his business as being the same one he was running in 2022.
Not only has his revenue and membership base more than doubled—and his goal this year is to hit $500,000 annual revenue—he now has all-important time-saving systems and procedures in place. All this has allowed Tokmajian to step back from being on the floor coaching the kind of hours that burn any coach out, to focus on coach development and building the business.
In fact, he is barely coaching anymore, and has two full-time coaches and one part-time coach who handle the coaching duties. (He’s also looking to bring on another full-time coach).
“Once we make the next key hire, I probably won’t have to step foot in the gym,” he added.
Today, Tokmajian is also part of
ProFit’s Iron Circle, an exclusive mastermind group made up of high-earning gym owners, an experience he said has been invaluable to his continued growth, and his ability to largely move away from the day-to-day coaching and focus on the business.
“The Iron Circle is a phenomenal resource, because you have 40 of the top five percent of the fitness industry, and pretty much everyone is running the same model,” he said.
Being part of the group means a monthly global call with all of the group’s members, and he also has a monthly call with other gym owners who live in his region of the world, which is a chance to share ideas and problem solve together.
“OK, I’ve got a problem. You put that problem out there, and someone [in the group] has been through it and knows a lot about it and everyone is so responsive.”
He added: “It’s the greatest group of people I have ever been involved in. There are no egos and everyone really just wants to help each other.”