Why Building Trust Is Important In Business

12/22/21 • 32 min

Trust is the cornerstone upon which all other customer experiences are built on.

Unfortunately, many businesses don’t make an effort to build trust with their customers. Trust is the single biggest indicator of the future prospects of a business.

High levels of trust will ensure the business continues to grow and vice versa.

In this episode, Rick was interviewed on another podcast about the success of the Alloy Personal Training brand and the franchising opportunities available.

In addition to explaining why trust is so important in business, Rick also gives tips on setting up good company culture and other entrepreneurship lessons.

Tune in and learn what it takes to grow and scale a business and how buying a franchise is a shortcut to success!

Key Takeaways

The Infinite Game – The goal is to keep going (05:57)

How to set up a good company culture (09:28)

Trust as a strategy (14:38)

How to scale your business (18:17)

Entrepreneurship as a personal growth journey (19:27)

The ideal candidate for an Alloy franchise (25:40)

Additional Resources:

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You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.

If you haven’t already, please rate and review the podcast on Apple Podcasts!

Trust is the cornerstone upon which all other customer experiences are built on.

Unfortunately, many businesses don’t make an effort to build trust with their customers. Trust is the single biggest indicator of the future prospects of a business.

High levels of trust will ensure the business continues to grow and vice versa.

In this episode, Rick was interviewed on another podcast about the success of the Alloy Personal Training brand and the franchising opportunities available.

In addition to explaining why trust is so important in business, Rick also gives tips on setting up good company culture and other entrepreneurship lessons.

Tune in and learn what it takes to grow and scale a business and how buying a franchise is a shortcut to success!

Key Takeaways

The Infinite Game – The goal is to keep going (05:57)

How to set up a good company culture (09:28)

Trust as a strategy (14:38)

How to scale your business (18:17)

Entrepreneurship as a personal growth journey (19:27)

The ideal candidate for an Alloy franchise (25:40)

Additional Resources:

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You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.

If you haven’t already, please rate and review the podcast on Apple Podcasts!

Previous Episode

Fitness Franchise: Trend Or Viable Opportunity?

Are fitness franchises a trend or a viable franchise opportunity?

In this episode, Rick and Kim Daly discuss the opportunities in the fitness space and why you should consider Alloy Personal Training Franchise.

Many franchise candidates who want to invest in a fitness business often have one major worry. They wonder if they are investing in something just trendy that people won’t like in three years.

As Rick points out in this episode, this concern is valid because fitness can be very trendy. When looking for a fitness franchise, always look for a concept that has staying power.

The Alloy brand promise of accountability and specificity has made the Alloy Personal Training Model relevant for more than 30 years, even with all the fitness trends that come and go.

Tune in to this conversation to learn why the Alloy Personal Training Franchise is a viable opportunity to get into the fitness business.

Key Takeaways

Why the Alloy Brand has thrived for 30 years (03:45)

The personal training fitness model (06:17)

Why go for an Alloy Franchise (12:24)

The ideal candidate for an Alloy franchise (14:51)

Stages of development of a franchisee-franchisor relationship (16:35)

Additional Resources:

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You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.

If you haven’t already, please rate and review the podcast on Apple Podcasts!

Next Episode

2022 Fitness Business Forecast

In this episode, Matt and Rick discuss what we saw in 2021 and what 2022 holds for the fitness business.

To recap 2021, the fitness industry as a whole rebounded in a significant way from the lows we experienced in the previous year with the shutdowns.

One positive thing we can take from the pandemic is that more people have become conscious of their health and the vital role that fitness plays in achieving that.

In 2022, we see fitness consumers moving towards more specific and personalized services. This certainly bodes well for brands willing to lean into higher-end services and specificity.

Here at Alloy, our franchise system came alive in 2021, and we have so far sold about 30 franchises which is an impressive figure, with big plans for 2022.

Listen in as Rick and Matt discuss the 2022 fitness business forecast and why it’s the best time to get into the fitness business.

Key Takeaways

2021 recap (01:16)

Alloy franchise locations coming up (03:09)

Why personalized services are the way to go in 2022 (03:51)

The great resignation and how it relates to fitness (09:47)

Why you need to bet on yourself (12:14)

High-quality customer fitness experience (14:48)

Viewing the gym as a hub of fitness (16:52)

Looking at the right concept of fitness (22:25)

Additional Resources:

6 Fitness Franchise Trends for 2022