cramer did hit the jackpot with this one, great bussiness model, great competitive strategy, good fucus implementation management, great company overall congratulations.
He did win the jackpot and its a great BUSINESS model. But it's a disservice to fitness as a whole, it's a negative long term model for all its consumers and insanely money minded business. It's a great company for investors but an absolute nightmare for everyone wanting to get into fitness.
@@drakebane9527 Understood and actually same, do you mind elaborating on why you think that business model is a disservice to fitness as a whole and a negative long term model for it's consumers? and how could this be shifted to something better? Not trying to be cheeky at all, I am genuinely interested. How is this a money minded business? I'm not super familiar with business.
@@diamanteg4486 planet fitness doesn’t promote true fitness. Specially having pizza the first Monday of every month. They do not have a bench spread, squat rack nor a deadlift station. These are essentials for people who actually want to achieve their best physique in bodybuilding, powerlifting and POWERBUILDING.
Planet fitness is a shame, specially in my town. They are charging for a service that is supposed to be 24/7 and in my town it is NOT. Every day they close at 10 pm and on weekends they close at 8:00pm that is the reason I closed my account. They are a bunch of thief!
Great interview!
cramer did hit the jackpot with this one, great bussiness model, great competitive strategy, good fucus implementation management, great company overall congratulations.
He did win the jackpot and its a great BUSINESS model. But it's a disservice to fitness as a whole, it's a negative long term model for all its consumers and insanely money minded business. It's a great company for investors but an absolute nightmare for everyone wanting to get into fitness.
@@drakebane9527 What would be considered an ideal business model all around? Does that even exist?
@@diamanteg4486 No it doesn't. But I personally value morality more than anything.
@@drakebane9527 Understood and actually same, do you mind elaborating on why you think that business model is a disservice to fitness as a whole and a negative long term model for it's consumers? and how could this be shifted to something better? Not trying to be cheeky at all, I am genuinely interested. How is this a money minded business? I'm not super familiar with business.
@@diamanteg4486 planet fitness doesn’t promote true fitness. Specially having pizza the first Monday of every month.
They do not have a bench spread, squat rack nor a deadlift station. These are essentials for people who actually want to achieve their best physique in bodybuilding, powerlifting and POWERBUILDING.
Planet fitness is a shame, specially in my town. They are charging for a service that is supposed to be 24/7 and in my town it is NOT. Every day they close at 10 pm and on weekends they close at 8:00pm that is the reason I closed my account. They are a bunch of thief!