Welcome back to the Owner's Seat podcast where we talk about what's actually happening in fitness, wellness, recovery and longevity and what it means for growth, margins and survival.
Speaker AToday's guest is Bob Thomas and this conversation matters because the fitness industry is colliding with medicine in real time.
Speaker AYou got to think about it.
Speaker AGLP1s peptides, hormone optimization, telehealth and outcome based longevity are no longer future talk.
Speaker AYou know this, they're here, they're here now.
Speaker AAnd operators are either building their bridge or getting disrupted by it.
Speaker ABob's the CEO and founder of NextGen MD Scientific, a wholesale supplier serving healthcare providers with hormone solutions built around quality control, compliance and trust including a DEA compliant facility and rigorous standards.
Speaker AYou gotta check it out.
Speaker AHe's also behind NextGem ND360, a doctor supervised weight management program coordinating with clinics across the US built around medication, nutrition, education.
Speaker AYou got to think about the whole ecosystem in this world and I love it.
Speaker AThey're doing it.
Speaker ABob isn't new to building in hard environments.
Speaker AHe's a 40 plus year fitness operator.
Speaker AWe call him the Vet.
Speaker AYou know him, he's the founder of a west coast club chain in the.
Speaker AHe's a 90s and you've heard of this name.
Speaker AHe's also helped lead lifetime lifetimes growth.
Speaker AYou probably recognize the background lifetimes growth plan from six clubs to over 120 locations in the sales, revenue and operation world as their executive.
Speaker ASo good.
Speaker ASo today we're going direct and operator grade and talking about what's real in GLP1s peptides and HRT and what's going on in that world.
Speaker AThe supply chain behind longevity meds, the quality, compliance, fulfillment.
Speaker AThis isn't easy.
Speaker ABob will tell you why gyms are becoming longevity centers and what business models actually work.
Speaker AMy favorite, we're going to tap on that quite a bit.
Speaker AHow to partner with medicine without torching trust, margin or your brand.
Speaker AAnd finally the coming wave.
Speaker AYou've seen the injections, the pills are coming, the GLP1 pills, hyper personalization and what that does to acquisition and retention.
Speaker AYour dues Tap Bob.
Speaker AI know that was a lot but you're up to some amazing things.
Speaker AWelcome to the owner seat podcast, sir.
Speaker BThanks Albert.
Speaker BPleasure.
Speaker BThanks for having me on your podcast.
Speaker BThis is great.
Speaker BGo ahead.
Speaker AOh, people are going to love this because we're seeing it everywhere.
Speaker AWe see it on the ads.
Speaker AI'm looking at one right now.
Speaker AThey just had a pickleball match.
Speaker ABut in between time we're seeing some GLP1s peptides are just all over.
Speaker AWe got a couple of docs that are active on LinkedIn.
Speaker AYou, you've promoted some, like Arvin, amazing.
Speaker AI love, I love Doc.
Speaker AHe's doing some great work, great education, by the way.
Speaker ABut you're, you're just, you got your hands everywhere and you're really supporting this revolution that's occurring.
Speaker AAnd you have over, like I mentioned, over 40 years of experience looking at fitness trends.
Speaker AWhat makes this different?
Speaker BYeah, you know, great question.
Speaker BI would say this is going to be the biggest revolution that's happened in the fitness industry because, you know, we've gone through, you know, 40 years of different types of, you know, products that have been introduced to our, to our ecosystem.
Speaker BRight.
Speaker BSo, you know, in the case, you had group fix coming in, you had, you know, and you had, you know, racquetball in the 70s, you had, you know, in the 90s, you had the gyms coming on.
Speaker BSo you had World Gyms, Gold gyms, Powerhouse gyms.
Speaker BYou had the whole gym thing going.
Speaker BAnd then you go into the, you got lifetime fitness with the full service, the whole family system.
Speaker BAnd then the 2000s, you had the boutiques come on.
Speaker BRight, the two.
Speaker BAnd going forward, well, now we have actually medicine and fitness that have actually collided, that we can actually have a place with the medical industry.
Speaker BThere was never an opportunity before because we tried really hard to put wellness programs together and support it with wellness, but we could never really get the medical side 100% engaged now with these drugs, with the peptides and the GLP1s, with all the different, you know, outcomes that they have, you know, to help support, you know, pre diabetic, diabetic, you know, heart, you know, overall healthy, you know, rejuvenating your organs with peptides and, you know, and it's all natural.
Speaker BSo that's the beauty of what we're actually now on the forefront.
Speaker BAnd it's so new.
Speaker BI mean, you know, fortunately, I started this four years ago.
Speaker BNow we're four years into it and we got some exciting stuff.
Speaker BBut I'll let you go take on Albert.
Speaker BGo ahead.
Speaker AWell, ahead.
Speaker AYou're ahead of the curve.
Speaker AAnd I'm telling you, if, for those listening as a consumer, if you, if you haven't heard about any of this, I'm going to say this respectfully.
Speaker AYou've been living under a rock because it's everywhere and it's actually generating some great results.
Speaker AA ton of science behind it, right.
Speaker AAnd then a lot of education around safety and doing it.
Speaker ARight.
Speaker ABut from A business owner lens.
Speaker AThat's where I'm finding that there's still a little bit of a disconnect.
Speaker ARight.
Speaker AThis is the owner seat podcast.
Speaker ASo a lot of owners like to watch this, Bob.
Speaker AAnd so before we go into unit economics and how, how do you, how do you build this out?
Speaker AI'd love to just get into your experience because you've been around the block and I say that in a really good way.
Speaker AYou've been very successful in your career.
Speaker AI mean, everyone I chat with knows you.
Speaker AI think I was talking to, you know, Kathleen Ferguson.
Speaker ASo she's like, he's the Godfather.
Speaker AHe's the Godfather.
Speaker AI'm like, he is.
Speaker AI know.
Speaker AI love it.
Speaker ASo when you think back at lifetime six clubs to 120, I mean, you probably learned something, a little something in partnership with BA and that crew on execution.
Speaker AThen even around scaling, like, do you see any issues going on still in the industry where people are just not moving past that wall around scaling, you know, bigger portfolio maybe?
Speaker BYeah.
Speaker BYou know, the one thing we've been really focused on in the last four years, I've really been conservative on how I've scaled the organization.
Speaker BAnd you hit some really good points about Lifetime Fitness.
Speaker BThat was one of the beautiful things.
Speaker BYou worked with us at Lifetime, with me at Lifetime Fitness.
Speaker BSo you understand how much we scaled and how it took place.
Speaker BWell, I've really kind of taken that model the same way.
Speaker BAnd prior to that, I scaled my own organization.
Speaker BBut when we got, I got with Bram, you know, that was, that was Bohemia.
Speaker BRight?
Speaker BI mean, we had, we were able to, you know, finance a lot of good projects that most organizations couldn't.
Speaker BAnd he had so much of foresight and an innovator of seeing what the industry was going to be like and to be able to fill those gaps.
Speaker BI took, you know, that playbook and that's what life, that's what NextGen is.
Speaker BI've really built all the verticals.
Speaker BSo we have every vertical.
Speaker BWe have the wholesale license, we have the GPO license, so we can supply.
Speaker BWe own the whole supply chain.
Speaker BWe have the pharmacies, we have the storefronts.
Speaker BSo you can be nimble.
Speaker BWe white label that.
Speaker BWe have the CRM that we built.
Speaker BIt's a multi tenant CRM so I can partner with gyms and we do rev share.
Speaker BSo each gym gets its own CRM and we market all day long to that.
Speaker BSo with all these different verticals I've built, we are scaling now.
Speaker BI mean, it's amazing.
Speaker BWe Just had our whole team and you know, in the middle of December and we, you know, we spitballed our, we do have blackboards.
Speaker BRight.
Speaker BSo we spitballed everything and put everything in our company objectives and it's amazing how we've been able to really just have all our verticals now.
Speaker BSo we're a full service and now we're going to do clinics.
Speaker BSo that's the next step in our journey.
Speaker AI love it.
Speaker AI love the ecosystem play.
Speaker AYou're right, that's very familiar.
Speaker ABut, and the thing is, this is not an easy thing.
Speaker AAs you learn at Lifetime and now in the longevity space, in the healthcare space, it's not easy to do because there's a lot of work you have to do, including on the compliance side, but even more importantly, the people.
Speaker AYou got to find the right people.
Speaker ASo I've had an opportunity to meet some of your team members and I was just blown away on how I, I'm telling you, they're walking around with Peptide Bios.
Speaker AI'm like, you got me hooked.
Speaker ALike, give me that one, I want that one.
Speaker AAnd so Matt and the entire team, they're just doing a tremendous job.
Speaker ASo applause to you, sir, because you can't do it by yourself.
Speaker AAnd I think that's probably something you've learned along the way is you got to find the best people.
Speaker BYeah.
Speaker BCasting is so important.
Speaker BAnd the beautiful thing about that is all our team members are second and third generation team members that have worked with me over the last 40 years.
Speaker BSo their parents, the grandparents and now them.
Speaker BNow the team is now that second and third generation.
Speaker BSo it's.
Speaker BSo it's been really great because, you know, you wake up every day and we, you know, we introduce these things to the team and you know, they got the big eyes, they go, oh my God, let's tackle this thing, let's go at it.
Speaker BSo, you know, it's, it's really great to have the great team that we have and be able to scale because they've seen their parents and their grandparents scale over the years.
Speaker BWhether it was Lifetime Fitness or in my former companies, I've had.
Speaker BSo it's been a blessing for sure.
Speaker AThat's so cool.
Speaker AYou guys are digging in and leaving a legacy.
Speaker AI love it, especially with this.
Speaker AThis is going to leave a legacy.
Speaker ANow you've been in other industries actually since Lifetime when you, what really, what popped?
Speaker AWhat was that pivot point?
Speaker AWhat was the inflection point where you said GLPs?
Speaker AThere's something here right this this, this preventative care.
Speaker AYou saw something.
Speaker BWhat was it?
Speaker ABecause you've been successful in other industries and we won't, we don't need to go that route.
Speaker ALike to look at what you saw and how did you know, hey, this is something I need to spend time in, maybe even spend some capital in.
Speaker AWhat was it that.
Speaker AThat attracted you to it?
Speaker BYeah, I'll go to the aha moment, right?
Speaker BSo let me go back.
Speaker BI'll.
Speaker BI don't want to digress too far, but I'll go back 40 years when I got into the industry.
Speaker BAnd, you know, it kind of goes back to that when I would sell memberships, when I got on the front line, you know, I'd sell memberships and, you know, lady or a male would come in.
Speaker BMen would come in and they would say, oh, this looks great, a two arm.
Speaker BI'd get them all ready to sign up and they go, I got to go talk to my doctor.
Speaker BAnd I was so naive and gullible at the time.
Speaker BI said, oh, yeah, go talk to your doctor.
Speaker BThat's great.
Speaker BI'd never see him again.
Speaker BThen I'd call them up 10 or 15 times, and then they'd finally answer the phone and say, my doctor said, you guys are crazy and it's not good for you and stay away from that place.
Speaker BAnd they do is give me prescriptions.
Speaker BRight.
Speaker BSo from that day on, I always looked at how do we make the.
Speaker BHow do we get the medical industry and the fitness industry together?
Speaker BSo over the 40 years we put together, like I mentioned earlier, is wellness programs and corporate wellness programs and subsidy programs and everything we could, but we could never really get to the, the medical side of it.
Speaker BAnd, you know, four years ago, a friend of mine, another gym partner of mine, came to me with the GLP1, and I've told you this story before, introduced me to the GLP1, and I didn't like the weight loss business.
Speaker BI, you know, I, and I've shared this a lot with other podcasts as well, is that it was a corrupt business.
Speaker BIt was all amphetamine driven and it was counterintuitive.
Speaker BThe way we believe in, right.
Speaker BYou come to our gyms, we build you a great experience.
Speaker BWe, we support you with a lot of support teams, you know, nutritionists, trainers, design programs for you.
Speaker BWe really, and we, you know, in the lifetime fitness, we put cafes in there.
Speaker BSo it was all healthy food.
Speaker BWe had spas.
Speaker BSo we can, you know, get recovery.
Speaker BYou know, we were really the first ones to integrate recovery.
Speaker AYeah.
Speaker BTo the fitness industry through Lifetime Fitness.
Speaker BNow they're full fledged longevity in recovery clinics.
Speaker BBut long story short, when I was introduced to this it kind of was aha mom.
Speaker BThat once I got through the science of it and seeing it didn't affect the cardiac system and it wasn't injury driven and that, you know, it took a lot for me to understand the science because there wasn't a lot out there at the time.
Speaker BIt was a diabetic drug that just got FDA approved.
Speaker BLike the month that got FDA approved I got introduced to it.
Speaker BSo I really dug in for 90 days, me and my team and we tried to get as much information as possible.
Speaker BSo we developed a full strategy after that and that's how you know, next gen really that was aha moment I seen that this was a place and it was really for the trainers I looked at coming out of COVID you know, we got, you know, we got destroyed in the fitness industry with, with trainers and we lost a whole career, career group.
Speaker BAnd that's where Kathleen, you know, where I really enjoy her company is that she fills that gap, you know, with Coach360 and she's been a real good partner of mine.
Speaker BAs we've been going along with the GLP1 and getting trainers really trained in on what does, how can we service our members, how can we integrate this?
Speaker BBecause you know, let's say a year and a half ago they'd have trainers, they wouldn't Even ask about GLP1 and the customer was embarrassed to even talk about it.
Speaker BNow it's mainstream now they, now we're building programming around it and education around it.
Speaker BSo it's come a long way real fast.
Speaker AIt's so good.
Speaker AYeah.
Speaker AAnd I'm seeing the, it's, it's kind of like not, not that it's even anywhere, you know how passionate I am about AI.
Speaker ANot that they're anywhere near each other.
Speaker AHowever, it's very similar to that.
Speaker AIt's, it's a new.
Speaker ASomething new.
Speaker AIt's changed.
Speaker ARight.
Speaker AAnd the adoption rate had, it was slow at first.
Speaker AAnd now on the consumer side I'm seeing the adoption of GLPs and peptides.
Speaker AI mean now we're talking about it like which one are you on?
Speaker ALike I want to, I want to be on that.
Speaker AYou look great, you feel, you're feeling great.
Speaker AWhat are you taking?
Speaker AYou know, and so that's exciting.
Speaker AWhere I'm finding still an adoption gap, however, is the operator, the owner and many people listening to this are franchise owners, franchisors, Right.
Speaker AStudio, fitness, wellness owners.
Speaker AWhat are you hearing out there when there seems to be still a lot of emotion when it comes to GLPs?
Speaker AAnd it's almost like a 50, 50, 50% because they're reading, you know, they're listening to Tia or Huberman or listening to some of your podcasts that you're on.
Speaker AThey're, they're catching on.
Speaker AThey say, hey, it's great science and you build, you know, a great program around it.
Speaker AI love what you're talking about around the trainer side, the fitness professional.
Speaker ABut then there's the other 50% that's still like, we're not touching that thing.
Speaker AThat is not hitting our community.
Speaker AThat's not hitting our gym or our studio.
Speaker AWhat do you think it is?
Speaker AWhat's, where's the fear?
Speaker AIs it just the lack of education?
Speaker AWhat do you, what do you think it is?
Speaker BWell, there's a couple of things I would state financially.
Speaker BIt's the first part.
Speaker BI would say the barrier of entry to get in, to build a clinic, inside a gym, inside a fitness facility is costly.
Speaker BI mean, it can cost up to a million dollars.
Speaker BRight now you got to build the infrastructure now you got to build all the verticals that I, that I built over the last four years to be able to service the customer because it is a drug.
Speaker BI mean, you're dealing in medical.
Speaker BSo I mean, there's called, there's what's called EMRs.
Speaker BSo we built our own EMR, we built our own technology.
Speaker BSo, you know, everything's gotta be HIPAA compliant.
Speaker BI mean, like you talked earlier about compliance.
Speaker BWe are compliant.
Speaker BWe, we are heavily in the compliance arena.
Speaker BAnd we, we have the best legal that that is out there in the medical field.
Speaker BWe have the best technology developers that have built the best emr.
Speaker BEverything we own is on a HIPAA compliant platform.
Speaker BAnd these are things I had to really look at for about a year and a half.
Speaker BI mean, literally I did.
Speaker BAnd we've talked about this.
Speaker BYou know, my journey.
Speaker BI mean, it took me a year and learn what, you know, all the, you know, medical side of it.
Speaker BAnd then to get a doctor that has all 50 state licenses, that's another part.
Speaker BWhere do you find that?
Speaker BWell, I got blessed.
Speaker BMy chief medical director.
Speaker BWe have all 50 state licenses, so we have that as a plus.
Speaker BSo we're able to operate in every state in the United States.
Speaker BSo if it's a club MSO that has clubs all over, you know, in every market now, you got to have that oversight and then you have to have the clearance and then you have to have the pharmacies and all the different things that take place out that, you know, to build all that, that costs millions of dollars in capital.
Speaker BSo that wall is there, but then the other side of the wall.
Speaker BLet me go to the other side.
Speaker BThe other side is the train side.
Speaker BThere's still 50% of trainers that are totally against it.
Speaker BI mean they're just, they, they, they haven't got, been able to get their arms wrapped around it and really settle in and say, all right, wait a minute, I know seven out of my 10 clients are on it anyhow.
Speaker BI mean it's a fact.
Speaker BI mean, and I'm not overstating that.
Speaker BI mean 7 out of 10 people are on some sort of GLP1 whether it, I mean it's brand new, the pill, but they're doing some kind of a shot, whether it be semi glutide or tirzepatide.
Speaker BThey just are.
Speaker BAnd people, you know, the consumers are a little bit embarrassed to, they don't want to, you know, come clean as well saying, oh, I'm having this drug and it's, it's helping me.
Speaker BBut you know, but the trainers on the other side have to start uncovering and they have to start building training protocols that are around that as well so they can actually service their customer.
Speaker BActually the actual trainers are kind of a little bit 50, 50, like you're saying, 50 are saying I'm not there yet.
Speaker B50% are, I'd say 25%, I'm all in.
Speaker BAnd then the other 25% are saying I'm on the fence.
Speaker AWhat I love about what you all do, especially in the vertical of next gen MD360, a big shout outs to your team again is there's a lot of education.
Speaker AI get the sms, I get the emails and I'm reading them all by the way, including some of those deals which I'm taking advantage of.
Speaker ASo disclaimer.
Speaker AI am, I am a client.
Speaker ABut it's great.
Speaker AI mean you all, you have like top of the line.
Speaker AI've compared, I've done my homework Summer and so that's really cool but the, the part I really enjoy and I remember going through an actual live, you know, well, virtual but live consultation and talking about my workout program, talking about my protein because that's important too.
Speaker AAnd I, and I think that's, that truly is how you should do this.
Speaker ARight when it's there is this weight loss journey but you want to make sure maybe you can chat about that is there's this misconception that regardless of what you do, you're going to just burn muscle.
Speaker AAnd I'm talking, you're not, not eating the right things.
Speaker AYou're not moving or lifting the right things.
Speaker ACan you walk through?
Speaker APeople start to get more inclined to jump into GLPs because they're looking to lose some weight.
Speaker AAnd, and sometimes it's not even the weight.
Speaker AThey don't want to drink anymore.
Speaker AThey want to improve some of their other biomarkers and blood labs.
Speaker ABut can you walk through again how, how your organization actually supports on the things that allow for lean muscle as far as keeping it right and just feeling great while you're on this.
Speaker BYeah, good points because those are so important.
Speaker BAnd we started the journey with myself.
Speaker BI think, you know, my journey, I mean, I went and gained a bunch of weight and I wanted to make sure that this drug that I was going to get involved in was the right thing for a consumer because it was so new.
Speaker BSo I actually, you know, gained a bunch of weight and then I got on, you know, the semi glutide originally and lost, you know, 30 pounds.
Speaker BBut I seen myself lose a lot of lean muscle tissue.
Speaker BAnd there wasn't a lot of information out there because it was a diabetic drug.
Speaker BIt just became right, legal.
Speaker BSo I had actually really started doing a lot more research about lean muscle tissue loss.
Speaker BAnd so we started right from the beginning as a whole protein, you know, stack that, you know, and you know, we, we built our own cookbook.
Speaker BSo we have a cookbook and we have our own guide.
Speaker AI used it.
Speaker BYeah, yeah, we have our own 30 day guide that, you know, what you should be eating, you know, breakfast, lunch and dinner, how much protein?
Speaker BYou know, you really need a one to one and a half grams of protein for body weight.
Speaker BYou need to drink at least 100, 100 ounces of water every day.
Speaker BThere are some side effects with semi glut.
Speaker BNot as much.
Speaker BThen after about three, four months, after I lost about 30 pounds, I got on tirzepatide, which is just your brand, Manjaro.
Speaker BAnd then I started losing less lean muscle tissue.
Speaker BBut that first 30, I, I was scared.
Speaker BI really become apparent that something's this is going too fast.
Speaker BI was losing weight, lean muscle tissue.
Speaker BSo that really sparked the whole journey of us saying, all right, no, let's now let's put all these things in place.
Speaker BWe got, we brought on DOT Fit as our, our nutritional partners.
Speaker BSo we, they actually built, you know, they're all in one and their whey protein is part of our system.
Speaker BSo you get that when you get involved with us.
Speaker BYou got your protein, you have your, you know, your diet, your, your, your medication.
Speaker BBut then again you have help along the way because you know we have the manual too.
Speaker BSo you have all.
Speaker BAnd the cookbook, so you actually have that reinforcement and those guides that can help you where being in the fitness industry.
Speaker BYou know, we bring you back into the gym too.
Speaker BSo once you sign up and we're partners in a, in one of our partnerships, one of our, with one of our gym partners, we bring you back in and then the trainers take over and they design a training protocol for you so you don't lose the lean muscle tissue.
Speaker BSo Gerald didn't, didn't lose as much.
Speaker BAnd that's because it's a 2 hormone, the stable hormone which is the semi glutide.
Speaker BYou do lose, you know, rapidly your lean muscle tissue where tirzepatide is a 2 hormone, where retrutite is 3.
Speaker BSo that's a whole different.
Speaker BAnd I don't even want to get into that conversation because there's so much science on that.
Speaker BI don't want to confuse people right now.
Speaker BBut let's stated the two.
Speaker BBut yeah, you get my point.
Speaker ANo, you, you all have a great differentiator, right?
Speaker AYou're building a lifestyle out of this.
Speaker AThis isn't just a medication only type of approach.
Speaker AThis is a lifestyle approach.
Speaker AAnd it's funny, you know, as I was experimenting trying to figure out, you know, which one has less side effects.
Speaker AI love the tirzepatide as well.
Speaker AAnd I actually had a.
Speaker ABecause I was really curious about the science, the slowing of the gastric emptying.
Speaker AI'm like that's cool.
Speaker AOkay, I like that.
Speaker AAnd then also what's going on with insulin and your, in your pancreas and the blood sugar.
Speaker ASo I was like, let me put this to the test.
Speaker AI had a colleague who sells the, the, the what do you put on your those?
Speaker AI want to say CRM, but they're not CRMs, the CGS, CGMs.
Speaker ARight.
Speaker ASo I put a CGM on.
Speaker BYeah.
Speaker AAnd well actually prior to that.
Speaker ANo, no, I put the CGM on and, and I ate a snow cone.
Speaker AI'm at a T ball game.
Speaker AI coach my son.
Speaker ASo like either getting, they're getting snow cones.
Speaker AI'm like, you know what, let's put this to the test, right?
Speaker AIt's on my phone and I eat the snow cone And I'm.
Speaker AI kid you not.
Speaker AI mean, I swear my blood sugar, like that.
Speaker AOh, it's.
Speaker AIt's just full of.
Speaker AIt's just all sugar.
Speaker AY' all quit eating it.
Speaker AIt's terrible for you.
Speaker ABut it went up to, like, 300.
Speaker AI'm like, holy smokes, this stuff is powerful.
Speaker ANo wonder my kids are just out of whack when I give it to them.
Speaker AOkay, so then I get on the tirzepatide.
Speaker AI'm gonna try this again.
Speaker ASo I throw it back on, go to that same snow cone.
Speaker BLittle.
Speaker AYou know, it's like a little trailer they do on the fields.
Speaker AGrab it.
Speaker AIt would not pass 99.
Speaker AI'm like, this stuff is powerful, man, because it's not just the blood sugar.
Speaker AIt's the level of your blood sugar that then's telling you your brain, there's no insulin secretion, right?
Speaker AAnd so when you in.
Speaker AWhen you secrete this insulin, you're storing in your fat cells, and that's what's causing weight gain.
Speaker ASo for those listening, go do the research and see why this is so powerful, why it has ad after ad, and why this is going to be huge, as we're mentioning revolution and when you couple it with great programming and protein and movement.
Speaker AAnd we're not even talking about the.
Speaker AYou know, atia's Four Deadly Horsemen.
Speaker AHe talks about the Four Deadly Horsemen in his book Outlive.
Speaker AAnd this is actually preventing or even postponing some of those things because you're not drinking, you're not eating certain foods you don't want to.
Speaker AThat's the thing.
Speaker AI look at alcohol like it's like oil, man.
Speaker AI don't know what happened, but I'll keep injecting this because I don't need any of that stuff.
Speaker BIsn't that crazy about the alcohol?
Speaker BBecause same here.
Speaker BI can't drink beer no more.
Speaker BI mean, literally doesn't taste good.
Speaker BTwo or three beers a day and, you know, three days a week.
Speaker BBut now I can't taste it.
Speaker BI only like the taste.
Speaker BI don't like alcohol.
Speaker BI mean, it's just.
Speaker BIt's really.
Speaker BThere's so many things that this really.
Speaker BThose side effects, let's just say, but they're real.
Speaker BThey're good side effects.
Speaker BSo, you know, and like you said, the glycogen and your glucose, it really manages it extremely well.
Speaker BAnd then, yo, like you said, it turns your noise off on your brain for being hungry.
Speaker BBut you do have to eat.
Speaker BI mean, that's the one thing that Really, I want to really put a, put a asterisk on it.
Speaker BYou know, people really have to watch themselves.
Speaker BAnd you got to follow a diet that's actually protein driven and you got to eat the three meals a day and you got to force yourself, but don't overeat.
Speaker BJust, you know, proportionate to what your grams of protein are.
Speaker BSo you're getting that, that amount of protein as well.
Speaker AGood.
Speaker AWell, moving on to peptides, that's another wave that is really exciting.
Speaker AAnd there seems to be a lot more variety there depending on, you know, what you're needing.
Speaker AWhether it's like some type of a collagen hit or feeling more energized or better, sleep, growth hormone.
Speaker AI mean, you name it.
Speaker AThere's a ton of peptides out there.
Speaker AWhat, what do you think's going on there?
Speaker AIt seems like there, the demand for that, the education's there.
Speaker AAlthough there seems to also be tension on social media and the Internet around like, what's real, what's not.
Speaker AIs it truly something that you naturally secret and you're just kind of enhancing that.
Speaker ACan you share a little bit more about what you learned on the peptide side?
Speaker BYeah, you know, it's.
Speaker BI'll go back also to when I lost the weight too.
Speaker BI got.
Speaker BWhen I went through the semi glutide experiment, you know, series for the three months I told you, I lost a lot of lean muscle juice.
Speaker BAnd I ran into a friend of mine that I had seen in years and I told him what was happening and he shared with me, you heard about this MAT C?
Speaker BI said, I don't know what you're talking about.
Speaker BHe goes, do me a favor, just go back to your pharmacy, tell them to make you matzi, and you're gonna be blown away what it does for you.
Speaker BSo I went back to my pharmacist and he gave me some of the science.
Speaker BAnd what it does is it takes the place of the secondary part of this semi glutide or the manjaro terse appetite where it turns your noise off.
Speaker BYou drill down a little bit to turn the noise off, but then you take the MA c as well.
Speaker BAnd the MA C, what it does, it speeds up your metabolism, which creates lean muscle tissue.
Speaker BSo I started on that and I'm telling you, it was amazing.
Speaker BAnd that was the first introduction to peptides.
Speaker BI didn't know.
Speaker BI knew that GLP1 was a peptide, but I didn't know anything after that.
Speaker BThen once I got in there and said, whoa, wait a minute, this is even crazier.
Speaker BThat got me on the journey of the peptides.
Speaker BI mean, literally, we went into, I brought on most of the guys or team members.
Speaker BI have the Doctors and the PhDs that we have at NextGen.
Speaker BWe brought in some great, you know, brilliant, you know, research folks that are brilliant PhDs.
Speaker BAnd they really were the original groups that started in the peptide business 25 years ago, but doing all the research for it.
Speaker BSo they really got us up to me up to speed and next gen up to speed.
Speaker BAnd so we still, we started really researching the blends and what each individual peptide performs and how it performs and how it really enhances, you know, the experience that you have.
Speaker BAnd peptide is a natural.
Speaker BYour body produces.
Speaker BIt's an amino acid.
Speaker BSo I mean, it's part of your protein amino acid, and your body produces.
Speaker BBut what happens is as you ate, you fall off a cliff, right?
Speaker BSo the whole idea is to really support your journey and to keep the, keep your, you know, your cells, your repair cells, you know, current.
Speaker BAnd so you're not losing lean muscle tissue, which, you know, overall, the, the one thing you got to be careful is I want to really focus, you know, put an asterisk on this as well as you don't want to lose so much weight because what happens, you lose too much weight, you go into sarcopenia.
Speaker BBut when you go into sarcopenia, you're really going to, you're going to be sicker than you are when you were obese.
Speaker BBecause now you're losing lean muscle tissue, which means you're losing bone density, which means now you're opening yourself up to infection.
Speaker BAnd all kinds of different things that can happen aren't good for you as well.
Speaker BBut the peptides, back to the peptides.
Speaker BThese peptides are amazing because in your journey, instead of being on a program for three to four to six months, now you have a lifestyle now you can have cell regenerative regeneration.
Speaker BAnd that's the whole idea is what's your lifespan look like?
Speaker BWhat is, what does your lifespan look like?
Speaker BAnd how are you, you know, and I, you know, I went through a health scare this year.
Speaker BAnd I can say that fortunately, I would say if I wasn't on the peptides, I can't prove it, but if I wasn't on it, I think it would have been more catastrophic.
Speaker BAnd I was able to rebound.
Speaker BI was supposed to, I was supposed to be in the hospital for four to six days.
Speaker BI was out in 36 hours.
Speaker BI was supposed to be in recovery for four to six weeks.
Speaker BI was on the Katy Trail.
Speaker BI live downtown Dallas.
Speaker BI was on the Katy Trail in three days, walking three miles.
Speaker BI got colon cancer.
Speaker AOh my goodness, Bob, you had no clue.
Speaker BYeah.
Speaker BAnd so I had.
Speaker BThey get six inches of my colon cut out.
Speaker BWow.
Speaker BYeah.
Speaker BIt was right after the hs, the Ursa Convention went in.
Speaker BThey did the procedure.
Speaker BI was supposed to be in the hospital, like I said, for four to six days.
Speaker BI was out in 36 hours.
Speaker BThe doctors never had seen nothing like it.
Speaker BWhen the pathology report came back, they had cut six inches out of my colon and got the mass out and they actually pathology and it was stage zero.
Speaker BSo, I mean, I didn't have to have any chemo, I didn't have to have any radiation.
Speaker BBut I can tell you believe that if I wasn't on the peptides for two years, that it.
Speaker BThat it would not have happened on the recovery side of it.
Speaker ASo that's Peptides and Warrior blood, man.
Speaker BYeah.
Speaker BRight.
Speaker AThank God you're okay.
Speaker AI had no idea.
Speaker AI mean, you're.
Speaker AYou seem like I just saw you the other day.
Speaker AEverything's normal.
Speaker AAnd yeah, there's a show when you're trying to take care of yourself.
Speaker AIt's great.
Speaker BYeah.
Speaker BAnd I think coming from the background we come from too, you know, we've been in the health space for so long and we made sure that we weren't, you know, that.
Speaker BThat we've taken care of ourselves too.
Speaker BBut.
Speaker BYeah, but I can tell you stuff.
Speaker BI can't prove it, like I said, but full disclosure, I can tell you this.
Speaker BThe doctors were amazed, the nurses were amazed, and they were blown away.
Speaker BSo fortunately, I've been on these peptides and even today, I mean, I do stem cells now as well because we're involved in the stem cell space as well.
Speaker AI can't wait till that becomes a little bit more, I would say, more mainstream and affordable.
Speaker ABut I've actually read a couple books here recently and it's just.
Speaker AIt's amazing what's already available out there.
Speaker BYeah.
Speaker BAnd I'm on the.
Speaker BI'm on the balls of my feet now.
Speaker BI mean, literally, I had a little sciatic too, that I was dealing with, you know, for a few years.
Speaker BAnd I got on the stem cells and gone.
Speaker BI mean completely.
Speaker AI need that in my neck.
Speaker BToo many football.
Speaker AToo many football hits.
Speaker AI'm just constantly.
Speaker BYeah.
Speaker ACrying.
Speaker BI was on the.
Speaker AI was in a.
Speaker AOn a flight.
Speaker AI was telling you earlier, coming from California, and I'm just on the fly.
Speaker AI'm just in massive pain like because I just can't get my neck right and I'm like, I just need, can someone just go in there and just like carve it all out?
Speaker ABut it's.
Speaker AI need stem cells.
Speaker AYeah, I need something.
Speaker AToo many.
Speaker AToo many folks.
Speaker BIt's my mind.
Speaker BYeah, it blows my mind.
Speaker BWhat we have at our disposal now that we, and that's the one thing with NextGen what we've really been doing is really focusing on what is those next things, what's that journey look like?
Speaker BInstead of a six month program, we really are building out a lifestyle of 54 to 60 months that we can manage.
Speaker BYou know, we can manage your path.
Speaker BI mean we're not doctors, we're really a marketing company.
Speaker BBut our team, you know, my chief medical director, you know, he writes all the protocols and we have an, we have Dr. Ian Ellis as well as.
Speaker BHe's part of our team now.
Speaker BHe's a brilliant, you know, physician as well.
Speaker BHe's, he's part of, he's, he's really defining the dosing scheduling on how you actually.
Speaker BThe protocols for all the different drugs.
Speaker BAnd we, we actually are working on a, and this is all technology stuff we built too of dosing.
Speaker BSo we have actually a platform that we, we're gonna launch here in the next two months.
Speaker BIt'll be live where you'll actually track you every day and you'll be able to see a dose and it's all, and he built it so it's all physician built.
Speaker BIt's all, you know, signed off by a physician.
Speaker BSo you're actually getting something from, you know, that's what we need crazy stuff on.
Speaker BLike you said on the Internet you get all this stuff going on where we really don't focus, we don't do research only by the way, I don't, I don't, I didn't, I've never played in that space.
Speaker BResearch only is, you know, you don't know where it's coming from.
Speaker BThe one thing we did early on is we got our, our wholesale license.
Speaker BSo we actually know where all the API, which is the active pharmaceutical ingredients is coming from.
Speaker BWe have the chain of custody.
Speaker BIt goes to our pharmacies, our pharmacies.
Speaker BCompounded, it's all tested, it's all coded.
Speaker BEverything we, that we are involved in.
Speaker AIs all this is where operators get in trouble.
Speaker AAnd I'd love to, I can't wait to get into the supply chain because that is so important and I think supply chain and compliance and Bob you mentioned you've been doing this for four years.
Speaker AIn the first couple years, this was a lot of just learning, learning and talking and traveling.
Speaker AYou've told me.
Speaker ARight.
Speaker AAnd so I think sometimes people think, oh, we're just gonna, we're just gonna expand.
Speaker ALong longevity.
Speaker ALongevity.
Speaker AWhat I love about and I don't think you're giving yourself enough credit because you aren't just a marketing company.
Speaker ALike I mentioned earlier.
Speaker AI was on some consultation calls and I'm an extreme personality.
Speaker AMatt will tell you, I wanted glp, I wanted all the peptides, I wanted trt.
Speaker AAnd he's like, no, we're gonna start with the fundamental.
Speaker AWhat's your goal and what you should be doing right now based on your blood labs.
Speaker AAnd I, I, and I, I, I went back and I thought about that.
Speaker AI'm like, you know what a sales only transactional and maybe even marketing only company would have said yes to all of the things I wanted.
Speaker AMan, that would have been, you know, a couple grand type of ticket right then and there, right?
Speaker AWhat I love and don't kill Matt for this, right?
Speaker ABut, but Matt and team were like, no, no, we're going to do the right way and we're going to build a program and get the cookbook involved, get your movement involved.
Speaker AThat is a differentiator, right?
Speaker AIt's not.
Speaker AAnd there's so much hype on using the term longevity, which has been around for, you know, the beginning of time.
Speaker AI like about NextGen MD is you all are outcome based and you're with us every step of the way.
Speaker AAnd I can't wait for the rollout because now it's gonna be in real time, which I think is huge too.
Speaker AAgain, ahead of the curve, which I'm really excited about.
Speaker AAnd speaking of trt and I feel like as a man it's been available, right?
Speaker AAnd there's been more, more releases and more science.
Speaker AWhat I'm really excited about what you all are doing is there's this boom because of the availability and education of women's hormones and women's health.
Speaker AAnd so can you talk to us about that and what you're seeing in that space around women, women health and women hormone replacement.
Speaker BYeah, yeah.
Speaker BYou know, one of the things that we did that we're, we built too is, you know, we built all the technology.
Speaker BOne of the technology stacks we built verticals is what's called a digital storefront.
Speaker BAnd with the digital storefront, I'm able to be more, we're able to now offer more because now we can do, it's called Synchronicity or Async.
Speaker BSo Synchronicity.
Speaker ASo Bob, so sorry to interrupt you.
Speaker AFor those listening, this is one of the things where it just maybe sneak away to the bathroom, take your phone with you and lock the door.
Speaker AThis is the moment where you start to truly visualize what is happening in the fitness and wellness space.
Speaker AWhat Bob has done here, what he's set up, this is why you don't need to necessarily worry about the million dollar knock down four walls and build a clinic.
Speaker AYou don't have to do that.
Speaker AHere's how you expand.
Speaker AHere's how you expand wellness and make more money for your family, for your business and you get better share of wallet.
Speaker AEveryone's tuning in now, Bob.
Speaker AThis is huge.
Speaker ASo if you don't mind just going through that again and then.
Speaker AAnd walking us through.
Speaker BYeah, and it kind of backs up a little bit too.
Speaker BWe actually have built our own EMR and it's electronic medical records platform.
Speaker BSo it's all HIPAA compliant.
Speaker BEverything we built is all on a HIPAA compliant platform.
Speaker BSo the technology side is that we have an emr.
Speaker BThe EMR now gives us the FL as.
Speaker BNow we can engage in a clinic.
Speaker BWe're actually, it's built on a clinic platform so we're able to take it into the gyms.
Speaker BBut what's, what's really unique about it, we have what's called a digital storefront.
Speaker BOn that digital storefront we can offer both inside the gym or outside the gym, but through our, our digital storefront.
Speaker BWith that being said, there's some states that don't let you do synchronicity, but, but we can do async or synchronicity.
Speaker BAsync, meaning we can actually sync you up and you fill out a survey and you can go through all the questionnaire.
Speaker BAnd then we built our own practitioner platform.
Speaker BSo we have MPs and we have our chief medical director and doctors that actually review the survey and then they sign off on it.
Speaker BNow if you don't qualify, then you get denied.
Speaker BRight.
Speaker BAnd then if you don't, if you want to do a zoom call, then we do synchronicity, which means you get to do a zoom call and you get with a practitioner where you do one on ones and it's all your choice.
Speaker BSo that gives us the flexibility.
Speaker BWe would do both of them with the trt.
Speaker BWe're able to do that too as well with our system as well.
Speaker BNow we had to get all the licenses to be able to do that as well.
Speaker BAnd we do have all of it and goes back to compliance.
Speaker BAnd we've, you know, we have our chief, you know, consul actually was the chief consul for two of the biggest pharmacies in the space, in the peptide space and the GLP1 space.
Speaker BMatt is our chief counsel, so we've gone through.
Speaker BAnd Ben our.
Speaker BHe's our chief counsel compliance officer.
Speaker BWe've.
Speaker BWe've done extremely a lot of work on making sure that everything's under compliance.
Speaker BAnd that's why I say we're a marketing company, because there's certain things that the marketing company can only say.
Speaker BThere's a big wall there, right?
Speaker BSo when you're talking what you were saying, how you're describing how Matt was talking to you, he.
Speaker BThere's some, you know, we've spent a lot of time and investment in making sure that all our language is specific and how we.
Speaker AYeah, that makes sense.
Speaker BHow we engage with you now when you jump over to the practitioner, once we secure you as a client, because we can't say patient, because we're not.
Speaker BWe're not in the medical side.
Speaker BSo now once you become one of our clients, now you move over into our practitioner platform.
Speaker BNow our practitioner platform.
Speaker BWe're able to get you in front of a practitioner or through async right away.
Speaker BAnd that's where we're different than anybody else.
Speaker BWe're able to do it and get you in front.
Speaker BNow you.
Speaker BNow you go through your console and now they'll guide you on what you should be taking and how you should be dosing and all that.
Speaker AWhat I love about what you're all doing is that I think there's just been such this tension point.
Speaker AAnd again, the large portion of it being lack of capital.
Speaker AI can't go build this out within my four walls.
Speaker AI don't have the square footage, I don't have the capital.
Speaker AI can't disrupt my members because they're going to leave.
Speaker ANow.
Speaker AYou're providing not a physical experience, but a digital experience.
Speaker ARight?
Speaker AAnd if you think about, I mean, look at the kids nowadays, they got the Oculuses on, they got their meta glasses on.
Speaker ASomeone was taking a picture of some somewhere.
Speaker AI was at the other.
Speaker AI'm like, are those metals?
Speaker BAnd I just couldn't believe it.
Speaker ABut we're able to extend your four walls.
Speaker AYou are able to extend the gym, the studio's four walls with the digital storefront.
Speaker AAnd what I love about that from the finance side is we're always Wondering, for instance, I think of hvlp, the big ones out there, some of them, you'll see them on the New Year's Eve parties, right?
Speaker BYeah.
Speaker AAnd what's something that they've been really good at is driving membership.
Speaker AThe other areas that they've stayed away from, although I'm hearing some piloting of personal training, recovery, wellness, they stay away from it because it's, it's historically been a cost center.
Speaker ALet's just focus on signing up memberships.
Speaker AHowever, when you don't have to worry about the space.
Speaker ARight.
Speaker ABecause that's been the issue is where, where do they train?
Speaker AWhere can we build recovery when it's digital, they don't need to worry about it anymore.
Speaker AIt's a complete different world.
Speaker AIt's boundless.
Speaker AAnd so that's where next gen, Maryland Scientific just completely changes the landscape.
Speaker AAnd you truly are the pioneer.
Speaker AThis new frontier.
Speaker AIt's very scary to think about because I just think of all the possibilities.
Speaker ABut the new I, I just see this like I'm at home with my virtual space, talking to one of your docs and having a.
Speaker AAt home, amazing medical experience.
Speaker APreventative, proactive medical experience.
Speaker AI no longer need to go walk in and do all of that, you know, the jazz and the song and dance, you know, it's far more convenient.
Speaker ASo you're way ahead of the curve and it's, it's amazing to hear about.
Speaker ASo going into the supply chain, this is where, this is where it gets difficult.
Speaker AMore so on your end.
Speaker ARight.
Speaker AFor those that want to play in your space, it's very difficult.
Speaker AAnd I see what you're doing because Lifetime did something, you build the moat.
Speaker AVery hard to replicate.
Speaker ABecause Bob, I don't think a lot of people want to do what you had to do to get to this point four years later.
Speaker ASo kudos to you.
Speaker ASupply chain.
Speaker AYeah, no, for sure.
Speaker AIt's real, it's, it's earned.
Speaker ASo, you know, I was talking about it at the top of it.
Speaker ADEA compliance, quality control, you know, thinking about fulfillment, consistency, sourcing.
Speaker AYou talked about pharmacy.
Speaker AI mean, I know there's a lot there, but why did you go that wholesaling?
Speaker BYeah.
Speaker AWhat did, what did you see?
Speaker AWas it owning every aspect of the journey?
Speaker AWas it more cost effective?
Speaker AWas it almost.
Speaker AWas it forced?
Speaker AOr was it.
Speaker AYou saw the opportunity.
Speaker AIf I can, if I really want to scale this, I need to be at every aspect.
Speaker AWas it more of a. I want to make sure it's quality too.
Speaker AWhat was it for you?
Speaker BYeah, everything you Just said, is everything what I face?
Speaker BBut early on, because it was such a, it still is a wild wild west, the supply chain was the biggest Achilles.
Speaker BHow can you know, getting the right, you know, because at the beginning a lot of pharmacies converted to be a GLP1 pharmacy.
Speaker BThey weren't, they weren't a, you know, they were just a mom pop over the counter, you know, walk in and we compounding, right.
Speaker BAnd this GLP one came, and that's what we've been fighting all along too, is making sure that the quality that we work with and vetting the right great pharmacies to work with and you know, and going on site and making sure they have all the FDA approvals and that they're, and that they have all the certifications on the state level.
Speaker BThere's, I don't want to go too deep into all the, you know, governmental stuff, but making sure that you have all the boxes checked.
Speaker BBut what I did from the beginning too, Albert, is I brought on a consulting group from day one.
Speaker BI didn't have the background in this space, but I knew enough as a consultant and you know, I've been consulting a lot in my life and I thought, well, let me bring in the right partner.
Speaker BSo I brought in, yeah, I brought in, I brought in Sphinx Strategy, which is the number one consulting group in the pharmacy space, in the medical space.
Speaker BSo I brought them on day one and they've actually guided me all along and really were coaching me along the way on the supply chain because they, they build pharmacies and they know, they knew exactly where I should be focusing my attention to.
Speaker BAnd that was from day one as that whole supply chain without it.
Speaker BAnd along the way, supply chain has put 50% of the people out of the business because of the fact that they over promised and under delivered and they couldn't get the product out.
Speaker BNow you destroyed your whole reputation.
Speaker AEven the quality was bad.
Speaker ARight.
Speaker AI remember reading some stories, it's where they were sourcing it from and it was embedded, you know, and, and then you're getting some bad stuff even from overseas as you think, oh, but it's cost effective.
Speaker AI'm like, that is such a short term strategy.
Speaker BYeah, yeah, we do.
Speaker BYeah.
Speaker BAll of our stuff is tested, coded, you know, third party tested, you know, everything's coded.
Speaker BSo we make sure all the batches are coded.
Speaker BYou know, we have coas on everything that we, that we work with.
Speaker BAll our pharmacies that we work with have all the credentials and you know, you know, Spinx you know, they go in and they, if we vet a new one or we're gonna onboard with a new pharmacy, they go into it, do you know, a full 360 walkthrough and make sure that we're, that everything's compliant as well.
Speaker BSo they're our partner.
Speaker BThey've stayed my partner.
Speaker BThey're, you know, I, you know they've been along the journey all the way along.
Speaker BBut definitely the supply chain is the most important part of this journey because the fact that like you said the research only and there's a lot of it's up in the air right now.
Speaker BYou know, I don't want to go deep into that conversation.
Speaker BI'll let everybody do their own research on that.
Speaker BIt's not my space.
Speaker BDon't want to be in that space.
Speaker BWe stay on the other side.
Speaker AYeah, Smart.
Speaker BWe will never leverage our company against anything that's not compliance driven as well.
Speaker AIt's smart.
Speaker AIt's the long game, right.
Speaker AThe long term play.
Speaker ASo I'm curious from a, you know I've been really thinking about this from, and we've had some chats.
Speaker ARight.
Speaker ABut from a finance land business model, unit economics.
Speaker AI'm thinking about it from the operator point of view.
Speaker ARight.
Speaker ASo they're hearing this and like wow, I can expand my wellness vision and idea in partnership with next gen scientific.
Speaker ABut how does it like what's the best model?
Speaker AIs that a referral?
Speaker AIs that a rev share?
Speaker AIs that a membership bundle?
Speaker AIs that.
Speaker AYou know we already scrapped the in house physical clinic.
Speaker AAlthough it's possible if you have the capital and it makes sense, the space and all of that.
Speaker AIs it a hybrid of the digital and physical like where have you found to be the most lucrative and also providing a great experience and outcome for the client base, the member base.
Speaker BYeah.
Speaker BYou know from the beginning, you know I, I looked at this from the beginning as being a, a personal training product.
Speaker BRight.
Speaker BI looked at it from that standpoint.
Speaker BCause we did lose 50% of our trainers during COVID and we were just coming out, we were in Covid when this got introduced to me.
Speaker BSo I really looked at this coming, bringing it back in the gym and so I started with this with the technology.
Speaker BFirst is building a multi tenant CRM and you've seen rcm, you've seen it behind the scenes and you behind the curtain.
Speaker BAnd so we started with building a multi tenant CRM and, and doing a rev share with the gyms and that was the first generation, right.
Speaker BThat was 1.0 of next gen MD360 and we've done extremely well with that.
Speaker BWe do a rev share with the gyms but now we're at 4.0 where we actually built everything out so we have all the verticals, technology wise.
Speaker BNow we build the storefront.
Speaker BNow the storefront, I white label that, I take that and we, you know, whether you have a website for your gym, we just let you API.
Speaker AIt looks like your brand, it's you absolutely your brand.
Speaker ADo it all.
Speaker BWe API on it, we get your database, we start targeting your database with.
Speaker BWe do, we do about 50,000 SMS.
Speaker BYou know, you get them every day.
Speaker AI get them.
Speaker BBut we don't, we don't over inundate our, you know, the gyms members either.
Speaker BWe're very conservative on how we drip our campaigns and how we outreach our campaigns.
Speaker BBut we do that, we, we can use that, we do that if you'd like or you can do your own.
Speaker BBecause now the way I've built all the technology, you can tell me what you want A, B, C or D. You pick which one you want to do and how deep you want to get.
Speaker BBut we're actually, you know, we're actually doing clinics inside the clubs now.
Speaker BSo I mean without having to do heavy capital, we can convert your recovery centers into longevity clinics.
Speaker BBecause now I have.
Speaker BAnd you know, we just built it, we're launching it right now where we have our own emr.
Speaker BSo we're able to take it into the gyms now and have a, you know, a practitioner, a nurse inside the center and everything's virtual or on all through technology.
Speaker BSo the investment isn't as great to a million dollars anymore.
Speaker BI can convert it, whatever you have.
Speaker BIf you have like a recovery center for like example, you know, a lot of the gyms have recovery centers where they have, you know, your, you know, they don't have iv, but we can do that now.
Speaker BWe can do the IV drips, we can bring in the GLP one, we can do trt, we can do, you know, the GLP one inside the gyms.
Speaker BYou don't need as much space anymore.
Speaker BYou know, a few, you know, they already have their recovery chairs and they have their, you know, their, you know, all the different, you know, cryo chambers and red light there.
Speaker BWe just bolt right into that, bring in a, you know, a practitioner that's full time and, and now with our technology we can deploy it in the capital is real light now.
Speaker BIt's, it's called capital light now.
Speaker AAmazing.
Speaker ABob.
Speaker AI got to Say it.
Speaker AHe's going to be on the show and I'm going to give him a hard time.
Speaker AAnd I'm only doing this because you guys are great gents, I respect you both.
Speaker ABut Jay Z, if you're watching, I don't know why it's not in this building already.
Speaker AThis is outstanding.
Speaker AHe's going to kill me for that one.
Speaker ABut even Eos, right?
Speaker AI was in a EOS the other day and I saw some, I mean they're great with utilizing space but this is something they need to have and it sounds like it's cost effective and it's easy.
Speaker ASo exciting.
Speaker AOn the unit economic side, are you seeing this impact more member acquisition or is this a retention and frequency play?
Speaker AWhen you do this either in house, you know, an in house clinic or even the digital storefront, do you have enough data to say hey, when, when you're thinking about your deuce tap the, not only the share of wallet because your members are paying for this stuff already, they're just not paying you, right?
Speaker ASo that, that's a solve.
Speaker ANow your, your average revenue per member is going up, but from an actual dues tap.
Speaker AIs this impacting the, the top end or is this that impacting the attrition side?
Speaker BIt, it's actually three parts so it's actually doing the re.
Speaker BIt's revenue to start, right and then the retention but then again it's bringing back two.
Speaker BSo I actually take their, take their current members and then their ex members for the last 24 months and that's where that multi tenant CRM is.
Speaker BSo I build each club their own CRM and so it's got dashboards, it's got back of the house, the operators get to see all the transactions, they get to see all the, all the, all the messaging that goes out every day.
Speaker BAnd then so it's really a top line revenue that they get on the share.
Speaker BBut then it's retention because now we're bringing it back into the gym and we're taking them into the personal training side.
Speaker BNow the personal trainers now get revenue.
Speaker BNow they can start getting revenue for personal training.
Speaker BNow we, and then now I take the last 24 months of their ex members and now I bring them back as well.
Speaker BSo I'm hitting those members and now we're actually able to tap into their MMS system too as well.
Speaker BAPI into that and all the new members that are onboarding now, now it's an orientation.
Speaker BNow it's bringing it back into the, for the trainers now to actually Have.
Speaker BSo, like, for a gym chain, I don't want to use the gym chain name, but we have one that.
Speaker BNo, they have 300 clubs.
Speaker BWe're in their corporate clubs now.
Speaker BWe have into their new members now.
Speaker BEvery new member now gets tapped now.
Speaker BLet's get you back in.
Speaker BLet's get you into the, you know, an onboarding with the trainer.
Speaker BLet's get you your orientation onboarding.
Speaker BAnd it's all part of the system now.
Speaker AAmazing.
Speaker AYeah, you know, it's.
Speaker AIt's interesting.
Speaker AI never, I never thought about next gen and I've been loving everything that I've seen.
Speaker BBut.
Speaker ABut now that I hear, I'm hearing you talk about this and I'm thinking about the finance side of it and just the experience you truly are gluing.
Speaker ABecause there's a lot of members out there right now that are just so overwhelmed that you gotta use nine different brands.
Speaker BRight.
Speaker AWhether it's peptides or GLPs over here, sleep or nutrition movement.
Speaker ARight.
Speaker AAnd it sounds like you found a moat where you're.
Speaker AYou're gluing this all together with these gym partners, with these studio partners.
Speaker ASo that's really exciting.
Speaker AWow, this has been awesome.
Speaker AI have one more question.
Speaker ACause I wanna respect your time and you just gave us a ton.
Speaker AI can't wa to go through this again.
Speaker AIf you had, you know, as you're.
Speaker AAs we're finishing this out, if you could to say anything or mentor any of the operators, business owners that are listening right now.
Speaker AIt's 20, 26, year of the horse, right.
Speaker AThere's a lot going on.
Speaker AEconomic potential, uncertainty, but also some good signs, some good signaling.
Speaker AWe're hearing a lot of the.
Speaker AThis is the year of the retention.
Speaker AAs a lot of these franchisees are starting to scale down on square footage, yet many want to expand wellness.
Speaker AThey're trying to figure it out.
Speaker AWhat's your.
Speaker AWhat's your advice to the operator and business owner for this year in 2026?
Speaker BYeah, you know, I would say we started with a 1.0 four years ago, but we're at a 4.0 right now.
Speaker BTake advantage of it now because now the opportunity is there.
Speaker BI would.
Speaker BYou know, I got blessed because I've been in the industry.
Speaker BSome operators really invested in me as a person on what I offered to them, and they got on board and they been great partners.
Speaker BWe've been able to involve now and really have a complete package.
Speaker BReal science.
Speaker BIt's not voodoo, it's not Myers oil or anything like that.
Speaker BThis is real this is not going anywhere.
Speaker BYou know, back, you know, boutiques started with 1.0, got the 2.0 and the, you know, from 2006-20, let's say 18, 19, before COVID happened.
Speaker BYou know, this is.
Speaker BNow we're at 4.0.
Speaker BTake advantage of it.
Speaker BDon't run from it.
Speaker BLike I told you earlier, there's 7 out of 10 people are taking some kind of a peptide or a GLP1 inside your club.
Speaker BThey're buying it from somewhere.
Speaker BPartner with, you know, if it's not me, partner with someone.
Speaker BI mean, there's other groups in the.
Speaker BIn the.
Speaker BIn the space, too.
Speaker BWhat I'm trying to make sure is that the bad actors don't get into our space and we stay away from.
Speaker BBut there are some people that are involved, other groups that I respect that are out there.
Speaker BVet them.
Speaker BVet me.
Speaker BDon't.
Speaker BYou know, if I'm not the right.
Speaker BPartner with you, vet them as well.
Speaker BAnd just make sure you do the homework on their compliance as well.
Speaker BSo.
Speaker AYeah, good for you.
Speaker AThat's amazing.
Speaker AAnd you've always been the rising tide, looks all boast kind of guy right there.
Speaker AWouldn't have to go around for everyone, but you are truly paving the way.
Speaker AI'm telling you, I've had a lot of conversations.
Speaker AYou're paving the way, so thank you.
Speaker AThis is where I cue the Godfather music.
Speaker ABob, this has been awesome.
Speaker AYou always keep it real raw and authentic, so I really appreciate you.
Speaker BThanks, Albert.
Speaker AAnd thank you, by the way, for.
Speaker AFor letting us in a little bit more on the personal side.
Speaker AThere's a lot of people that care about you that I'm sure will listen to this and probably shoot you a text or call because I had no idea.
Speaker AI. I would have called you.
Speaker AI would have been theirs.
Speaker AThank you, first, brother.
Speaker ASo thank God you're okay.
Speaker AWe need you around, brother.
Speaker ASo don't, Don't.
Speaker ADon't be scaring us.
Speaker BI'm not going nowhere, baby.
Speaker AAll right, so if people want to learn more about Next Gen MD Scientific and 360, how do they get a hold of you?
Speaker AHow do they learn more?
Speaker AIs it the website or can they reach out directly?
Speaker BYeah, you know, reach out directly.
Speaker BThey can call me.
Speaker BThey can call our office.
Speaker BWe have Lindsay, we have Matt, we have everybody available that can answer questions.
Speaker BSo please just reach out either through the website or you can give everybody my email address as well.
Speaker AWe'll do.
Speaker AYeah.
Speaker AI'll put it in the show notes.
Speaker AAmazing.
Speaker AAnd as I always say, if you're a fitness or wellness operator who wants better cash visibility, utilization modeling, pricing structure, capital planning.
Speaker AAnd yes, if you're looking to expand wellness.
Speaker AAfter you get with Bob and you need a finance model, hit me up at.
Speaker AYeah.
Speaker AStratego Int.
Speaker AThis has been another episode of the Owner Seat.
Speaker AI'm your host, Albert Ramos.
Speaker AAnd as I always mention, episodes are now dropping every Monday and Friday at 8:00am Central.
Speaker ABob, such a pleasure.
Speaker ACan't wait to see you again when I'm up there in Dallas soon.
Speaker BThanks, brother.
Speaker BAppreciate you.
Speaker AThank you.
Speaker AThanks everybody.