should i drop 40k of savings to open my own gym or keep coasting as a trainer
im 29 M been a personal trainer at the same commercial gym for 6 years making decent money but its a ceiling fr fr no way up unless i own something myself. theres a spot two blocks from my current gym opening up, landlord wants a 3 year lease, first and last plus deposit is basically wiping my entire 40k savings and i still gotta buy racks bars plates the whole setup on top of that my boy who already owns a gym in another city says do it now while im young and got no kids no wife nothing tying me down, worst case i go back to being a trainer somewhere. but my mom keeps bringing up how her cousin opened a restaurant and lost everything in like 8 months and had to move back in with his parents at 35 ive got steady clients right now, could prob start my own thing slow on the side but this specific spot wont wait for me to save up again, its now or somebody else grabs it. im not even seeing anyone serious enough to factor into this decision which almost makes it easier but also feels lonely deciding this alone ong do i take the leap or stay safe and keep stacking paychecks
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