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every single year theres a predictable surge of gym memberships as people resolve to become the best version of themselves just for those people to drop off the face of Planet Fitness after just a couple of weeks but what if I told you that this New Years phenomenon wasnt just about human weakness but the result of a deliberately manipulative industry that capitalizes on failed goals foreign [Music] now to understand the fitness industry mess we first have to acknowledge how unbelievably difficult it is to run a gym these days their whole business model relies on people being willing to pay for something they dont like doing so it makes sense that 8 in 10 gyms fail within the first year meanwhile to survive in a competitive market Jim owners have to rent or buy spacious Prime real estate in high traffic areas our full staff of Fitness professionals and purchase and maintain a fleet of pricey equipment this is not the sort of business you can just run Dirt Cheap out of your moms g