Episode
#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
1:09:26
Published: Fri May 01 2020
Description
Today's ep is possible because of Superside! Head to superside.com to hire a dedicated team of designers! Sam (@thesamparr) and Shaan (@shaanvp) are joined today by entrepreneur and owner of BPN Fitness Nick Bare (@nickbarefitness) who started a suppliment company in his dorm room and built it from $20k to over 8 figures in revenue, alongside building a big online presence with over 400K subscribers. Today they talk about what are his products (0:32), Growing a youtube channel (5:24), Content or business first? (7:34), Does he spend money on marketing? (13:19), Fitness apps crushing it (19:29), Products people in the military use (31:01), Fastest growing segments of the fitness industry (34:12), AI used in fitness apps (37:51), Monthly or annual subscription billing? (40:54), His new book "25 hours a day" (48:58), Book in a box service (52:27), Shaan's biz idea for Nick's huge office (58:39), Endurance athletes and Ironman being a huge business (1:02:43), Audio fitness apps (1:05:39) and Fitness in a post-covid world (1:07:46). See acast.com/privacy for privacy and opt-out information.
Chapters
HubSpot CRM is a one-stop shop with all the necessary tools to automate tasks, keep track of data, and better serve customers.
00:00 - 00:57 (00:57)
Summary
HubSpot CRM is a one-stop shop with all the necessary tools to automate tasks, keep track of data, and better serve customers. It is a cost-effective choice for growing businesses and it's easy to use.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The founder of a YouTube channel that highlights military life talks about how his experiences in the army led him to become a pioneer in the military YouTube space, even though it wasn't planned.
00:57 - 04:20 (03:23)
Summary
The founder of a YouTube channel that highlights military life talks about how his experiences in the army led him to become a pioneer in the military YouTube space, even though it wasn't planned.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The speaker shares about a video he made of himself living his daily life that unexpectedly went viral, despite not using any filters to make himself look better.
04:20 - 07:43 (03:23)
Summary
The speaker shares about a video he made of himself living his daily life that unexpectedly went viral, despite not using any filters to make himself look better.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The founder of a successful supplement company discusses how he started the business in college, including taking a loan, purchasing bulk ingredients, and doing everything himself out of his college apartment.
07:43 - 10:59 (03:15)
Summary
The founder of a successful supplement company discusses how he started the business in college, including taking a loan, purchasing bulk ingredients, and doing everything himself out of his college apartment.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
Despite the importance of marketing, the majority of sales for this store came from their YouTube channel, but they also employed Facebook and Instagram ads, email marketing, athlete ambassadors, and SEO to grow their brand.
10:59 - 15:05 (04:06)
Summary
Despite the importance of marketing, the majority of sales for this store came from their YouTube channel, but they also employed Facebook and Instagram ads, email marketing, athlete ambassadors, and SEO to grow their brand.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The speaker discusses how relying on subscription services and virtual services for internal funding leads to inventory issues, and how unqualified individuals creating fitness or nutrition-based products can pose a huge liability.
15:05 - 22:31 (07:25)
Summary
The speaker discusses how relying on subscription services and virtual services for internal funding leads to inventory issues, and how unqualified individuals creating fitness or nutrition-based products can pose a huge liability.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The CEO of Onit discusses their approach to providing not just supplements but also nutrition education and fitness training tools to help their customers achieve their goals in one place.
22:31 - 26:13 (03:42)
Summary
The CEO of Onit discusses their approach to providing not just supplements but also nutrition education and fitness training tools to help their customers achieve their goals in one place.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
Brands sometimes go overboard with marketing to the military and it can come off as inauthentic or forced.
26:13 - 30:50 (04:37)
Summary
Brands sometimes go overboard with marketing to the military and it can come off as inauthentic or forced. This lack of authenticity can also extend to the general marketing practices for some brands.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The speaker discusses the advantages of starting a technology-based business rather than a product-based business as technology can provide more sustainability in terms of finance.
30:51 - 34:55 (04:03)
Summary
The speaker discusses the advantages of starting a technology-based business rather than a product-based business as technology can provide more sustainability in terms of finance. He suggests a product-based technology like wearables that serve as both displays and biometric trackers, allowing users to monitor aspects like heart rate and sleep patterns in real-time.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The transcript touches on the topic of paying for subscriptions to have access to local sports news, and the use of periodization in athletic training without much scientific basis.
34:55 - 40:32 (05:36)
Summary
The transcript touches on the topic of paying for subscriptions to have access to local sports news, and the use of periodization in athletic training without much scientific basis.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The gaming and fitness industries are known for being some of the best in marketing due to their competitive nature and ownership structure allowing for annual billing.
40:32 - 46:08 (05:36)
Summary
The gaming and fitness industries are known for being some of the best in marketing due to their competitive nature and ownership structure allowing for annual billing.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The podcast host describes his fear of jumping to conclusions and his thoughts on slowing down time to make better decisions.
46:08 - 51:18 (05:10)
Summary
The podcast host describes his fear of jumping to conclusions and his thoughts on slowing down time to make better decisions. He then talks about his experience of sacrificing sleep to build his brand and how he was inspired by the lessons he learned in the military.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The speaker shares his experience of a product launch that sold around 3000 units within a day through a video with 400,000 subscribers, and also talks about hosting a field day event that could attract young athletes and generate revenue from their participation fees.
51:18 - 56:29 (05:10)
Summary
The speaker shares his experience of a product launch that sold around 3000 units within a day through a video with 400,000 subscribers, and also talks about hosting a field day event that could attract young athletes and generate revenue from their participation fees.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
The speaker talks about virtual group bike rides that are done via a video game where people can compete with each other, do time trials and more.
56:29 - 1:05:02 (08:32)
Summary
The speaker talks about virtual group bike rides that are done via a video game where people can compete with each other, do time trials and more. They also discuss an idea to build a platform similar to Spartan races for training.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
In this podcast episode, the speaker emphasizes taking advantage of current circumstances to gain free adoption and increase customer retention for your business in the future.
1:05:02 - 1:08:38 (03:35)
Summary
In this podcast episode, the speaker emphasizes taking advantage of current circumstances to gain free adoption and increase customer retention for your business in the future.
Episode#71 with Nick Bare - Monthly vs Annual Subscription Billing, Fitness Events Post-COVID & Making Content To Build $10M+ Biz
PodcastMy First Million
Nick Bare talks about his company, Bear Performance Nutrition, and where to find them on social media.
1:08:38 - 1:09:24 (00:46)
Summary
Nick Bare talks about his company, Bear Performance Nutrition, and where to find them on social media. They discuss fitness and what they personally do to stay in shape.