Inc: This Single Mom Got Fired, Started a Gym and Is on Track to a Billion in Revenue

Orangetheory Fitness, a household name with 900 studios open, was started by single mother Ellen Latham out of her house after being fired.

Read the original at 1851 Franchise
Inc: This Single Mom Got Fired, Started a Gym and Is on Track to a Billion in Revenue

TL;DR

Orangetheory Fitness, founded by Ellen Latham, is on track to reach $1 billion in revenue in 2018 with 900 studios open. Ellen Latham started the concept after being fired as a single mother and grew it from her house.

With 900 studios open, Orangetheory Fitness is a household name. But that wasn’t always the case—as a recent Inc. video points out, the brand was started out of co-founder Ellen Latham’s house. She started the concept after being fired as a single mother, and grew the concept to the point where it was making about $300,000 in revenue every year. Now, the franchise is on pace to end 2018 with close to $1 billion in revenue.

So, how did Orangetheory achieve this level of success? When asked what her biggest fear in starting Orangethroey fitness was, Latham told Inc., “That people wouldn’t understand how intense the sciences of it—which was so important to me as a physiologist.”

Latham also told Inc. that she isn’t afraid of growing too fast and having to shut down centers. She said, “Unless the human body changes how it responds to exercise, everything we’ve got in this workout is going to last you a lifetime.”

In this story

This story was originally published in 1851 Franchise on April 12, 2018. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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