Med Spas
topic on 2 shows · 4 statements across 3 episodes
the Startup Ideas Podcast 
TBPN
4 statements about Med Spas, every show
Hormozi: Med spas must structure technician pay like partner firms
“They're not loyal to the business. They're loyal to the girl who does her injections or does their lasers or whatever. And so it's like, we just got to tie those people in like a partner firm.”
Schneider: Med spas average $1.4M to $2M in revenue per location
“Like they averaged Per location, 1.4 million to like two point or two million per location in revenue.”
Schneider: Med spa customer lifetime value is around $6,000
“The customer lifetime value of one of these people, if you can like convert them is like six grand, right?”
Giffon: The 'venturification' of Middle America is buying up local businesses
“I mean, right now you're seeing The venturification of middle America and like, as all these venture co's start to buy up, you know, vets and med spas and all these things like venture capital. I'm in like, I'm in the rural Midwest right now. And like, you're …”