How He Opened 10 Franchises in 10 Years
Entrepreneur US|Startups - Summer 2024
After being laid off twice in two years, Josh Grinstead became a GYMGUYZ franchisee and now makes more than $1 million in annual revenue. Here's his playbook.
KIM KAVIN
How He Opened 10 Franchises in 10 Years

When Josh Grinstead got laid off for the second time, at 41, he knew he was at a crossroads: "Either stay on the treadmill, be unhappy, and fail to attain my potential," he says, "or be brave enough to take that midcareer risk."

Until then, he'd worked in senior management at various colleges. But on aptitude tests, he'd always scored high for entrepreneurial instincts. As a longtime fitness enthusiast, personal training services appealed to him-so in 2015, Grinstead bought three GYMGUYZ territories (GYMGUYZ is a handy acronym for Get You Motivated, Genuine, Unique, You can do it, Zero Excuses).

This story is from the Startups - Summer 2024 edition of Entrepreneur US.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the Startups - Summer 2024 edition of Entrepreneur US.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM ENTREPRENEUR USView All
A Tailored Teaching Approach
Entrepreneur US

A Tailored Teaching Approach

After figuring out what her son needed to thrive in school, Maria Washington built a flourishing Tutor Doctor franchise that gives other families the same experience.

time-read
2 mins  |
July - August 2024
I Know Why Your Customer Service SUCKS
Entrepreneur US

I Know Why Your Customer Service SUCKS

That's because left my high-paying executive job, worked five low-wage frontline jobs, and experienced the problem firsthand. Here’s what learned about fixing it.

time-read
10+ mins  |
July - August 2024
AI TOOLS THAT ACTUALLY WORK
Entrepreneur US

AI TOOLS THAT ACTUALLY WORK

The market is full of AI tools, but which ones are legitimately useful? Here's a rundown on 20 you can use now, recommended by entrepreneurs who love them.

time-read
7 mins  |
July - August 2024
Your Next Assistant May Be a Bot
Entrepreneur US

Your Next Assistant May Be a Bot

For decades, we've been waiting for technology that can handle tedious, time-consuming tasks for us. Finally, we're on the verge of getting it.

time-read
2 mins  |
July - August 2024
Is It Real Al, or Marketing Hype?
Entrepreneur US

Is It Real Al, or Marketing Hype?

seemingly everything today is powered by Al.” Here's how to know what that actually MeESNS.

time-read
2 mins  |
July - August 2024
' HOW AI HELPED MY BUSINESS '
Entrepreneur US

' HOW AI HELPED MY BUSINESS '

Seven companies share how AI solved their common problems, like recruiting and customer service. You can follow their lead.

time-read
6 mins  |
July - August 2024
WHAT AI CAN DO FOR YOU NOW
Entrepreneur US

WHAT AI CAN DO FOR YOU NOW

First came the hype, with people claiming that AI would do everything.

time-read
5 mins  |
July - August 2024
Patent the Boring Stuff
Entrepreneur US

Patent the Boring Stuff

Patents aren't just for cutting-edge innovations, says a leading patent lawyer. In fact, the most lucrative patents are often for mundane, humdrum things—and you might be sitting On Some.

time-read
2 mins  |
July - August 2024
It's Not Retirement.It's 'Flextirement.'
Entrepreneur US

It's Not Retirement.It's 'Flextirement.'

As older employees reach retirement age, they're increasingly asking for a \"phased retirement\" instead of leaving on a certain day. Here's why more employers are saying yes.

time-read
2 mins  |
July - August 2024
What I Had to Unlearn From Google
Entrepreneur US

What I Had to Unlearn From Google

| launched a startup after years of working in Big Tech. To succeed, I'd need an entirely new way to work and think.

time-read
2 mins  |
July - August 2024