I have recently read an article about 2 Harvard grads starting a company called Gym-Pact. The concept is to charge motivational fees only. Thus, if you stick to your weekly workout schedule, you will not be charged. If you fail to or leave the “pact” / program for reasons other than injury or illness, then a larger fee will be assessed.
What do you think of this?
Would this be a good program/membership for gyms or personal trainers to promote at the beginning of the year?
What would be the downfalls?
Any suggested pricing?
For the full article go to:
I have mixed thoughts about it
I think money is a motivator for most people, however I guess this is a motivator with money
My biggest question would be who’s to decide if it’s a real medical excuse and how do you determine fitness success? If a person shows up for their “weekly workout” but does a minimal amount of work, who’s cheating whom?
I think another way of doing it would be to have a volume package offered.