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The Leisure Media Company Ltd | Fit Tech promotion
The Leisure Media Company Ltd | Fit Tech promotion
features

Life lessons: Martin Seibold

CEO, LifeFit Group

The CEO of LifeFit Group tells Kath Hudson how the pressures of the pandemic tested him and his team to the limit, while customer support turned out to be an unexpected and invaluable lifeline

Published in Health Club Management 2023 issue 9

In 2012 I was appointed to handle the restructure and sale of Fitness First in the UK. It was an old-fashioned mid-market brand that had been built in the 90s to the standard of the 70s, so as soon as the low cost operators came in, it lost market share.

That period was very challenging: we had to dust off the old Fitness First, starting with how the teams worked and then the whole look and feel of the brand. But it wasn’t stressful, because we had a huge investment programme, successful teams and members who liked the product, which meant there was a lot of excitement.

It was a fantastic period and I would do it over again.

In 2017 I moved to Fitness First Germany, which was experiencing a lot of self-created troubles. We took the appropriate learnings from the UK and strategically invested in and repositioned the company, founding the LifeFit group in 2019 – a multi-market segment platform with a number of brands, including Fitness First, Elbgym and Smile X at the beginning. These were followed by brands such as Barry’s and Xponential’s Club Pilates.

But the pandemic stopped our ambitious expansion plans in their tracks, and the last three years have been by far the most challenging of my career on many levels: people, cash position, process transformation, as well as on a personal level.

With more than 20 years’ experience in the international fitness market, I’ve experienced many ups and downs, but none have been as bad as the pandemic. We didn’t know what we were dealing with and hadn’t been trained for it.

Thanks to my international connections we had some warning about what was coming when the coronavirus hit, so we made plans and got off to a good start, but the length of the pandemic meant the challenges just kept on coming, which put an enormous strain on everyone.

It felt as though I was in crisis mode 24/7, dealing with the uncertainty of how long the lockdowns would last and responding to the regulation changes against the backdrop of the huge disruption in society itself. I was concerned about the health effects on co-workers, friends and family.

A time to invest
When our operating business was at a standstill we used the time to invest in our clubs and drive digitisation forward across the business. This led to a decisive leap forward in the development of our brands and fortunately we’re now benefiting from this investment, with membership numbers now back above pre-COVID levels.

I learned that every crisis helps you to grow personally and from every crisis a learning or even something positive can be drawn. I was reminded about how important teams are: the combined resilience of our teams helped us to succeed. I also discovered that our customers are more loyal than I imagined, so I wish I’d worried less.

It made me appreciate the importance of defining small challenges and keeping personal fitness levels high. I allowed myself to get very unfit and had to challenge myself to do a family relay Ironman to come back strong.

All senior operators had the same experience as me. Looking around our colleagues in Germany, it’s obvious who had a brilliant product and good market position before COVID, as they are fine now, while those who didn’t invest during the pandemic are experiencing problems.

The rebound has been strong in Germany, which means we’re still adding members. We haven’t experienced the inflation issue which the UK is dealing with and individual wealth tends to be higher in Germany so there are more households that can stomach five to 10 per cent inflation.

Sign up here to get Fit Tech's weekly ezine and every issue of Fit Tech magazine free on digital.
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features

Life lessons: Martin Seibold

CEO, LifeFit Group

The CEO of LifeFit Group tells Kath Hudson how the pressures of the pandemic tested him and his team to the limit, while customer support turned out to be an unexpected and invaluable lifeline

Published in Health Club Management 2023 issue 9

In 2012 I was appointed to handle the restructure and sale of Fitness First in the UK. It was an old-fashioned mid-market brand that had been built in the 90s to the standard of the 70s, so as soon as the low cost operators came in, it lost market share.

That period was very challenging: we had to dust off the old Fitness First, starting with how the teams worked and then the whole look and feel of the brand. But it wasn’t stressful, because we had a huge investment programme, successful teams and members who liked the product, which meant there was a lot of excitement.

It was a fantastic period and I would do it over again.

In 2017 I moved to Fitness First Germany, which was experiencing a lot of self-created troubles. We took the appropriate learnings from the UK and strategically invested in and repositioned the company, founding the LifeFit group in 2019 – a multi-market segment platform with a number of brands, including Fitness First, Elbgym and Smile X at the beginning. These were followed by brands such as Barry’s and Xponential’s Club Pilates.

But the pandemic stopped our ambitious expansion plans in their tracks, and the last three years have been by far the most challenging of my career on many levels: people, cash position, process transformation, as well as on a personal level.

With more than 20 years’ experience in the international fitness market, I’ve experienced many ups and downs, but none have been as bad as the pandemic. We didn’t know what we were dealing with and hadn’t been trained for it.

Thanks to my international connections we had some warning about what was coming when the coronavirus hit, so we made plans and got off to a good start, but the length of the pandemic meant the challenges just kept on coming, which put an enormous strain on everyone.

It felt as though I was in crisis mode 24/7, dealing with the uncertainty of how long the lockdowns would last and responding to the regulation changes against the backdrop of the huge disruption in society itself. I was concerned about the health effects on co-workers, friends and family.

A time to invest
When our operating business was at a standstill we used the time to invest in our clubs and drive digitisation forward across the business. This led to a decisive leap forward in the development of our brands and fortunately we’re now benefiting from this investment, with membership numbers now back above pre-COVID levels.

I learned that every crisis helps you to grow personally and from every crisis a learning or even something positive can be drawn. I was reminded about how important teams are: the combined resilience of our teams helped us to succeed. I also discovered that our customers are more loyal than I imagined, so I wish I’d worried less.

It made me appreciate the importance of defining small challenges and keeping personal fitness levels high. I allowed myself to get very unfit and had to challenge myself to do a family relay Ironman to come back strong.

All senior operators had the same experience as me. Looking around our colleagues in Germany, it’s obvious who had a brilliant product and good market position before COVID, as they are fine now, while those who didn’t invest during the pandemic are experiencing problems.

The rebound has been strong in Germany, which means we’re still adding members. We haven’t experienced the inflation issue which the UK is dealing with and individual wealth tends to be higher in Germany so there are more households that can stomach five to 10 per cent inflation.

Sign up here to get Fit Tech's weekly ezine and every issue of Fit Tech magazine free on digital.
Gallery
More features
Editor's letter

Into the fitaverse

Fitness is already among the top three markets in the metaverse, with new technology and partnerships driving real growth and consumer engagement that looks likely to spill over into health clubs, gyms and studios
Fit Tech people

Ali Jawad

Paralympic powerlifter and founder, Accessercise
Users can easily identify which facilities in the UK are accessible to the disabled community
Fit Tech people

Hannes Sjöblad

MD, DSruptive
We want to give our users an implantable tool that allows them to collect their health data at any time and in any setting
Fit Tech people

Jamie Buck

Co-founder, Active in Time
We created a solution called AiT Voice, which turns digital data into a spoken audio timetable that connects to phone systems
Profile

Fahad Alhagbani: reinventing fitness

Alexa can help you book classes, check trainers’ bios and schedules, find out opening times, and a host of other information
Opinion

Building on the blockchain

For small sports teams looking to compete with giants, blockchain can be a secret weapon explains Lars Rensing, CEO of Protokol
Innovation

Bold move

We ended up raising US$7m in venture capital from incredible investors, including Andreessen Horowitz, Khosla Ventures, Primetime Partners, and GingerBread Capital
App analysis

Check your form

Sency’s motion analysis technology is allowing users to check their technique as they exercise. Co-founder and CEO Gal Rotman explains how
Profile

New reality

Sam Cole, CEO of FitXR, talks to Fit Tech about taking digital workouts to the next level, with an immersive, virtual reality fitness club
Profile

Sohail Rashid

The app is free and it’s $40 to participate in one of our virtual events
Ageing

Reverse Ageing

Many apps help people track their health, but Humanity founders Peter Ward and Michael Geer have put the focus on ageing, to help users to see the direct repercussions of their habits. They talk to Steph Eaves
App analysis

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Workout Anytime created its app in partnership with Virtuagym. Workout Anytime’s Greg Maurer and Virtuagym’s Hugo Braam explain the process behind its creation
Research

Physical activity monitors boost activity levels

Researchers at the University of Copenhagen have conducted a meta analysis of all relevant research and found that the body of evidence shows an impact
Editor's letter

Two-way coaching

Content providers have been hugely active in the fit tech market since the start of the pandemic. We expect the industry to move on from delivering these services on a ‘broadcast-only’ basis as two-way coaching becomes the new USP
Fit Tech People

Laurent Petit

Co-founder, Active Giving
The future of sports and fitness are dependent on the climate. Our goal is to positively influence the future of our planet by instilling a global vision of wellbeing and a sense of collective action
Fit Tech People

Adam Zeitsiff

CEO, Intelivideo
We don’t just create the technology and bail – we support our clients’ ongoing hybridisation efforts
Fit Tech People

Anantharaman Pattabiraman

CEO and co-founder, Auro
When you’re undertaking fitness activities, unless you’re on a stationary bike, in most cases it’s not safe or necessary to be tied to a screen, especially a small screen
Fit Tech People

Mike Hansen

Managing partner, Endorphinz
We noticed a big gap in the market – customers needed better insights but also recommendations on what to do, whether that be customer acquisition, content creation, marketing and more
More features