He Spends 1 Hour a Week on This Business
Jay Meldrum joins Chris Koerner to explain how he built a golf simulator membership business that hits 50-55% net margins on just 1 hour of work per week.
The gist
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Break-even came at 15 members, and tiered pricing at $175, $275, and $325 per month now generates $7,000 monthly from 28 members.
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A $40 per month scheduling platform with keycard door access runs the whole facility, cutting hands-on work to about 1 hour weekly.
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Meldrum got 28 members with no paid ads by choosing a visible location within 5 miles of home and leaning on word of mouth.
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When negotiating a lease, ask for a rent-free period until opening and landlord-funded improvements to lower your upfront costs.
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