Subject: RE: Business Venture Feedback My main thoughts on your idea are it sounds good, but is it really practical? I'd possibly be in the market for such a place at the right price since triathlon is my only sport and pretty much my life as I work towards becoming a pro and continuing to kill myself for no reason besides my enduring love of the sport (maybe I should get checked out? ). However, I'm not sure how large a constituency of triathlon only athletes is.
However, I do most of my training on my own and only really need a gym for a pool. I'm personally not really interested in doing workouts in an endless pool so the draw for me would have to be the computrainer access without a 25 meter pool. How much would I be willing to pay for the access to a computrainer? Maybe $20-25/month if I had unlimited time on it (I only bike a few days a week ). The reason is I already have a trainer I paid good money for so I don't know if I could justify the extra expense on an already stretched triathlon budget.
As a fellow entrepreneur/business enthusiast I'd urge you to find a way to make a mock test of your idea and see how many people are willing to sign up for a membership at whatever your needed rate is. It's one thing to ask a group of people an idea and they say "Yeah that's a great idea." It's a whole other ball game for people to say "Yeah, that's a great idea, here's my credit card when can I have it/sign up/etc." Businesses born of a need that provide a solution succeed when run properly, the crux of the test is finding out if you are creating value or simply creating. |