Episode #521: From NASA to ASENSEI-Steven Webster on Digital Transformation in Fitness
Steven Webster has carved out a rather unique career path combining sports, technology, and coaching. Originally from the UK and now in California, Steven boasts an impressive martial arts background. His expertise extends beyond the dojo, selling his first company to Adobe and working with customers including NASA, Nike, and the NFL.
Also a Microsoft alumnus, he's made significant contributions to athletic coaching, leading British University sports teams to ten national championships. His multifaceted knowledge spans movement recognition, coaching intelligence, artificial intelligence, and athletic intelligence. Webster and host Pete Moore explore his early passion for computers sparked initially by his Dad (an electrical engineer) to eventually founding ASENSEI, a company specializing in movement recognition technology for fitness and healthcare.
We uncover Steve's insights on enhancing consumer engagement, solving real-world problems through AI, and the future of interactive training technology. This is a deep-dive into the convergence of fitness, technology, and business innovation.
Key themes discussed
- ASENSEI: Movement recognition company for various applications.
- AI coaching potential to scale being digitally demonstrated.
- Athletes training with consumers in real time.
- Solve frustration to validate business funding needs.
- Building on existing AI is an industry standard practice.
- Customer experience tests show high net promoter scores.
- Trade shows are arsenals for success strategies.
A few key takeaways:
1. Holistic View of Digital Transformation: Webster emphasizes the importance of adopting a comprehensive approach to digital transformation in the HALO space. Drawing parallels with successful digital shifts in ecommerce and financial services, he underscores the necessity for both legacy and pioneer brands to integrate advanced technologies to stay competitive.
2. Martial Arts Influence: Webster shares how his background in martial arts strongly influences his approach to coaching and technology. Martial arts not only offer physical benefits but also emotional and behavioral improvements. This translates into his work with ASENSEI, where movement recognition technology enhances fitness and health applications.
3. Asensi's Technology Implementation: The episode focuses a lot on ASENSEI's movement recognition technology and its practical applications in fitness and health. Initially applied to indoor rowing, the tech has expanded to meet the demands of home workouts. Examples include using cameras for analyzing exercises to prevent injuries and using AI to interpret and improve physical activities.
4. AI and Coaching Synergy: Webster clarifies that their technology is designed to complement, not replace, human coaches. The AI serves as a "copilot," capturing user movements and providing real-time feedback based on expert coaching insights. This ensures the technology enhances the coaching experience rather than detracting from the human element.
5. Legacy Brands and Market Evolution: The discussion around how legacy fitness brands are leveraging digital technologies to enhance customer experiences is especially noteable.
Click here to download transcript.
Resources:
- Steven Webster: https://www.linkedin.com/in/stevenwebster
- ASENSEI: https://www.asensei.ai
- Prospect Wizard: http://www.theprospectwizard.com
- Promotion Vault: http://www.promotionvault.com
- HigherDose: http://www.higherdose.com
Connect With Us:
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Facebook: https://www.facebook.com/Integritysquare
YouTube: https://www.youtube.com/@halotalks
LinkedIn: https://www.linkedin.com/company/integrity-square/
Website: https://www.halotalks.com
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I am super excited to announce that we now have a formal partnership
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with the prospect wizard. And when I say wizard, I mean
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wizard. Obviously, you have a website. This allows you to
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convert your website traffic visitors directly into
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leads. It's not just another chatbot, and it's not AI, but it
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allows a visitor to call, text, or leave a voice mail.
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Immediately goes to you, your sales team, or anyone else in the club instantly.
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MIT shows a study that if you contact a lead within 10 minutes,
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chance of them converting goes up 9 times that of the
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average. We got the Atlanta Clubs on it, Vida Fitness,
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Gold's Gym, Mountainside, City Fitness Philly,
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College Park, become one of the next halo
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companies to deploy the wizard. It's easy to use. Go to the
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prospect wizard.com. Get a free 30 day trial. Talk to
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my boy, Dave Gallon. He will get you all set up and let the leads
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flow based on the wizard. Go get them.
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This is Pete Moore on Halo Talks NYC. I had the pleasure of
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bringing our first, 4th degree, and 2 times
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second degree black belt judo, jujitsu,
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and karate sensei, as well as a
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NASA, Tannido, Nike to NFL
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advisor, which I don't think we've ever had on the show, ex Microsoft
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alum and a sports coach to the British University
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sport, 10 time champion coach. And
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we're gonna talk about movement recognition, coaching intelligence, artificial
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intelligence, athletic intelligence, and his podcast is now
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all TM ed for our use. Stephen
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Weber coming from California by way of the UK. Welcome to your
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first halo talks, my friend. Thanks so much. I'm I'm excited about this
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one. Awesome. So, you know, you've got a lot of experience,
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in the technology field. As we say with technology, technology is never
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done. It's kind of a, you know, a wet painting. So why
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don't you give, the people that don't know, about your
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background, and then we'll talk about a sensei. And as
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I looked up sensei, just to find the exact definition, just
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people who know their stuff. So we've got a guy here who knows his stuff,
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and he's going to share with us. So fire away. So
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brief background. My DNA has two strands
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like everyone else, but it's sport and tech. Right? So in in
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tech, my dad's retired now, but he was
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a a electrical engineer, electronics engineer, worked on helmet
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mounted displays for fighter aircraft in the seventies and the eighties.
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Right? So VR, basically. So I was the first
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kid in my town with a computer. I was always kinda tinkering around with
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computers when I was young, and that took me to
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University of Edinburgh studying computer science and electronics.
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I started my career in electronics as a chip designer. My mistakes
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were far too expensive, so I became a software engineer.
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Ultimately, built a company that I sold to
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Adobe. That's what took me to Adobe. And then my last real job
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before Asensy was was Microsoft.
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And all the while, I've you know, sport has just been a thread.
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And since I was a kid, I've always played, the sports that every
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kid played. But my I wouldn't even call it
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passion. My obsession was martial arts. I started judo when I was
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7, then jujitsu. And when I joined the
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university, I wanted to compete in a sport, so I kind of figured out which
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club was the best, which martial arts club was the most competitive.
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Joined the karate club, competed, captained. And as you said, I
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had the privilege of coaching at University of Edinburgh. I took the club to
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10 national championships. But the thing I'm most proud about, Pete, is when I moved
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to California, I'm most proud about the 8 championships the club won
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after I left because most of the coaches were my students, some
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of them since they were white belts. So, really proud of those wins as well.
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That's awesome. I think the thing about, when you think about karate schools,
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you know, in the US, they never close. So
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they definitely always have a pipeline of new students. I think they make a lot
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of margins on the different belts that you have to buy, the parents have to
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buy for the kids. And kids have a lot of
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confidence that are that are in karate. So I think there's underlying, you
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know, physical, emotional, and, you know, behavioral benefits to,
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to karate. I think some some parents maybe don't realize that, you know, when
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they their friends are going into karate. I think it's, you know, some
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kinda like, MMA or UFC type of, you know, venture.
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I would say any martial art. You know, there's just that. It's mindfulness
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and it's exercise and it's continuous progression.
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And I think myself, any of the instructors I've taught
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alongside or any of the students I've taught, we'd all say the same thing. It's
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shaped their life. It's not just been a physical exercise. So, yeah, that
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was it. So so so given your background, that you just
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explained to us, it also being at Microsoft, which basically you
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can say, like, an infrastructure company. Right? They're giving the tools and the
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weapons as we like to say to companies to basically build off of their their
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platform, and AWS and and everything related to,
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you know, Excel is not necessarily, you know, a graphic design.
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It's to actually use it to to compute. I was in the
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graphic design website business, and that that was not scalable. Yeah.
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So when you look at starting a sensei, you probably could have
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gone direct and say, hey. I'm gonna create the best technology. Let me just, you
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know, create my own brand. But you you purposely went, you know, to
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a b to b to c model to basically get the scale. And, also, you're
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interacting directly with coaches, which it sounds to me like that's part of
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your DNA. And I don't need to be the coach. I need to coach the
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coach. Right. And they need to proliferate. So talk about how that
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strategy has gone. Maybe talk about COVID explosion
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and and, you know, the the demand. And then we'll talk about kind
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of, you know, a normal status of what's going on. Yeah. And, you know, for
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anyone that doesn't know who Asensi is, and hopefully that's no one, but I'll assume
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that there's a few people out there, we are a movement
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recognition company. We've made human movement something a machine can understand
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have the benefits that you would have with having a a coach or a trainer
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in the room with you, but you don't need them in the room with you.
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And that, you know, has applications in health care, that has applications in fitness and
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sport, applications in VR and entertainment.
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So, I mean, it's interesting. When I was at Microsoft, I
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was tasked with building an innovation studio, a studio 415
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in San Francisco. And I got really exposed to a lot
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of technologies like Microsoft Connect, you know, using that camera under
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the TV on the Xbox to track your skeleton. Yeah. I got
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exposed early to the world of AI, and Right. This
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idea that we would have intelligent assistants, voices in our ear,
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that knew us and interacted with us and for us.
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And I just had that moment of a a problem I've always
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wanted to solve, which is, like, how can I scale coaching beyond
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hours I spend in the dojo on the mat? I think this can
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be done digitally now. But the problem with any, like,
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completely out there technology, nobody's thought of this before. Nobody's done
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this before. So you can't really be b to b from the start.
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You're asking people to put your technology inside their product, but
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they don't know what it does yet. So we had to start b to c,
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and we had to kinda show the world what the future could look like
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in one small area. And so we chose indoor rowing. Like and if
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I stood up, you would tell that I'm not an indoor roarer, but, I'm too
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short. But, we picked indoor rowing because farm and
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technique are super important. And if you can fix farm and technique, you go
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faster. Good farm is free speed. And so we
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went b to c. But then as you said, like, the pandemic
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was this moment of it's all going home. Like, you know,
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workouts are going home. Telehealth is going home. We need
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to move fast to that. We basically accelerated our
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strategy by a year or 2 of being an Ingredient brand in other people's
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technology, and here we are. You know, there's, you know, 14, 15
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enterprise customers, you know, the the companies you've heard of, Chris
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Hemsworth Center, PowerBlock, VertiMax, and new entrants
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like Alter and Bote, they're all using us as that,
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that, perception, layer of understanding
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what people are doing and then that coaching layer of giving them feedback.
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Yeah. What I I looked at your press kit, in preparation for this,
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yesterday, not, like, 5 minutes before, by the way, just so you know. Yeah.
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But you do make a, a call out to say, I'm not trying to
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I'm not trying to replace the human coach. And I feel like
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that was very deliberate. So you you you say, look. I can I can provide
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you with world class coaching, but I'm actually trying to disintermediate?
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Right. So how do you kinda convince someone that I'm not trying to create a
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virtual coach, but I'm kind of like a Tesla that has, like,
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an auto feature to it maybe. Yeah. I think that's a good
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driving. No. I think that's right. Analogy to say that, I guess. No.
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It's a good analogy. And increasingly, the phrase I'm hearing around AI is the notion
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of a copilot, like someone sat in the seat next to you. Right?
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And that's exactly it. Like, you know, you know, I'm a coach. I
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celebrate coaches. Like, my bookshelf is basically technology books
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and biographies of sports coaches. Right? So we definitely don't
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wanna be responsible for, replacing coaches.
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But the challenge, if you're a coach, is how does that knowledge scale and how
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do you coach beyond your ZIP code. Right? And only digital can do that.
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So we really do 3 things. The first is we capture your
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skeleton. We we have an understanding in real time of the shape your
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skeleton is in and the postures and movements and techniques that you're doing.
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We recognize that. We analyze that. But then what we do is we take
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the knowledge and expertise of a coach, of a specific
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coach, and we say, what would they say if they saw that?
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And then we're able to put the voice of that coach in your ear. You
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know, if you'd heard my venture pitch, 10 years ago, it's like,
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I imagine a future where my kid's, you know, taking 3 point
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shots at the basketball rim and the voice of Steph Curry in his in his
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ear giving them real time correction and coaching. And that's the that's the
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future that we're willing into.
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This is Pete Moore. I wanna let you in on a little secret. There's this
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company called Promotion Vault, and what they do is they give out rewards
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from retailers that allow you to incentivize your
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members without having to do zero down and 1 month
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free or giving away shakes or giving away t shirts.
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What you wanna do is build a rewards program that lasts,
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that people value, and that doesn't discount your own products and
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services. So here's the deal. There's something called Rewards Vault.
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The rewards vault is going to allow a member to set up their
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own profile. They are going to answer questions. You are gonna get those
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answers. You're gonna be able to target those members, and you're gonna reward
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them inside your club, inside your spa, and outside of
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the club and outside of the spa to get them to become loyal,
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to get them to pay their monthly dues, and to be
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rewarded properly for the actions. A lot of companies are cutting back on
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rewards. You shouldn't be. Promotion Vault's your answer. Trust
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me. This is real.
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I'm gonna go a little tangent for a second. I was talking to my nephew
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about this. You know, a lot of the connected fitness at
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home, has obviously trended downward because of people
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going back into the clubs. Is there athletes that you think
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would allow a consumer network to basically
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train with them real time? And what would somebody pay for that? So I
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said to my nephew, look. If you you're trying to train for the varsity basketball
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team. Let's see if you can get Steph Curry for the next 90 days. Like,
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if he's training at 4:30 in the morning, his coach sends out a text, we're
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all training at 4:30 in the morning, and you're actually watching him train. Do you
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think that athletes would potentially obviously, it's dollars and
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cents, but would they allow someone access to, like, that level of, like, hey.
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You're gonna train with me, but not, like, on, like, an asynchronous. You know?
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Here's a couple of videos for for that $29 a month, but you're gonna pay,
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like, $2,000. And you can be on a text server. And what when my trainer
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says, hey. We're gonna do a, you know, high intensity workout. This is what you
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need to bring. And you, like, get your shit together, and you go to your
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basement, and you do it with them. Could that is that something that's
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evolvable that's a word? I'm I mean, I think I mean,
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let's stick with Steph Curry. Good job. So let's stick with Steph Curry.
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Yeah. He did a master class. You can literally go into masterclass.com.
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But I remember watching that master class with a beer. You know, I certainly wasn't
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playing basketball, you know, and I and I loved watching it, and I loved, you
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know, I love him as a technician and as a coach. And it was fun,
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but I wasn't engaged and interactive in it. Right? And I think to your
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point, you know, can you train with someone, you know, real
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time online? You can. But the problem is, and it's a
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problem we solve, the problem is for the coach, everybody's a
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1 inch square on the screen. It's very hard to see what they're doing.
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Right? Now with a technology like Asensi, again,
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we we call this use case the super coach. The super coach
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use case is the idea that on behalf of the coach,
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Asensi is watching every single one of those 1 inch squares,
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but not delivering the feedback necessarily to the consumer or or
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to the athlete. If you've got a coach in the room, bring that knowledge
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and expertise to the coach in the room. So the coach is like, hey. Pete
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in square number 4 is, over rotating his hips on his
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reverse punch, and then the coach can watch and intervene,
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and they can deliver you that feedback. So it feels like personal
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training to you, but you're using AI to watch the room. Does that make
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sense? It does, except my reverse lunge is excellent, by the way.
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So I said reverse lunge. Oh, okay. Okay. Okay. I'll
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be the judge of that. Yeah. As you
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kinda went through COVID, saw the explosion there, probably
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knowing given your background, like, this isn't gonna last forever.
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Some of your clients are bricks and mortar. You know? We know the guys at
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at BOUT. They're building studios. You've got concept
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2 and rowing that basically has been a, you know, a traditionally,
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you know, equipment business that, you know, stays within the lines,
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you know, before doing a deal with Forte or some of the other technology Right.
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Partnerships that they've done. So if you take a look at a sensei and say,
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okay. I got 15 enterprise companies, and and you say,
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alright. Where's the growth gonna come from? Or, you know, what bets am I making?
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Or how do you think about it, like, from a 30,000 view? Is the technology
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gonna go down to the bricks and mortar and bricks and mortar is gonna go
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back out? You know, bricks and mortar is not going away. I I I work
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out better in a group. And it seems to me like you're almost
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like agnostic as long as the technology is being deployed. Is that
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accurate? And and how do you pitch that? It is accurate, but I I I
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so I position this differently. Everyone loves, like, good versus evil, like dark
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versus light, connected fitness versus brick and mortar. And I just think that's the wrong
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way to look at the opportunity in front of us.
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You know, my entire career, and it goes back, has
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been in digital transformation. 1st, ecommerce, then
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financial services and travel. And history leaves
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clues. The digital transformation of any industry looks the same.
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And actually, at the Connected Health and Fitness Summit this year, this is what I
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presented. It's the notion of, the the technology adoption
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curve. And with the technology adoption curve, forget for a
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moment, whether it's at home or whether it's happening in
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brick brick and mortar, it's digital. And so you have the pioneers
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first, then the pioneers are the Pelotons, the Tonos, the Hydros.
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And they're the ones that had the courage to say, what if it was different?
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Okay? And at that moment, everybody else is like, this is stupid. Who
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wants a screen on a bike or to you know, if I wanna row on
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a river, I'll row on a river. Like, why would I do it, you know,
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at home? Sure. But what starts to happen when the mass
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market emerges is some of the pioneers make it and some of them
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don't as we know, but the the mass market
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constitutes as much the legacy brands as it does the pioneers.
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The legacy brands get digital, and they start looking to companies like
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Asensi to say Sure. How can I do in a month what Peloton maybe took
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18 months and 1,000,000 of dollars to do? And I always encourage
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us to use ecommerce as the analogy. Right? Who are the brands that
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people are buying online from an ecommerce? The biggest brand is not Amazon
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and Zappos. It's Macy's and Kohl's. Okay? And we yeah. And
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and 20 years ago, we were trying to tell the story that, like, Macy's
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and Kohl's would disappear because Amazon would take over, retail,
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online, and that's just not the case. So, yes, we work in brick and
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mortar and we work in digital, but more importantly, we're crossing the
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chasm into the mass market. And it doesn't matter where
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the consumer is. You need to meet them where they are, and we have an
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opportunity to elevate their experience with digital at every single
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touch point. I mean, it's such a good, history lesson,
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and and a lot of people don't follow history. I watch a lot of documentaries
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just to see how things evolved, you know, or,
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you know, civil engineering projects that you know, the water
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that goes into New York City actually goes underneath the Hudson River, you know, and
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somebody built that, you know, a 100 years ago. All the water that's coming from,
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you know, to California, Nevada, and Arizona
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is literally like a you know, it it's pulled up by, like, a a latch
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that was built, and people are fighting over that that, that
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that that pipe, basically, that's doing that. If you take a look at, like,
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PalmPilot and Blackberry, you know, it's like 1,000,000,000 of dollars of
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venture capital saying, like, we are going to be the next at the
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time, probably Nokia. Right? And then Apple said, hey. I'm gonna actually make this, you
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know, like, an art product, and I'm going to basically sell
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you an an experience. But they basically leverage off of everyone
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else's r and d and and lack of understanding the
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consumer. So I think it's interesting that you say that because I remember that,
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you know, Peloton actually approached SoulCycle and said,
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hey. Why don't you put all your content on on our bikes?
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And SoulCycle, basically, you don't kick them out of the room saying, I'm SoulCycle. You
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know, you're you're nobody. And I would you know, probably at the time, SoulCycle
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should have done that instead of trying to compete just on 20% of Peloton.
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And like I said, history. Right? Right? Where's the cost in retail? Blockbuster
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passed on the opportunity to buy Netflix for $50,000,000. Yeah.
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People need to watch these types of documentaries to understand, like, where they're
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positioned. At the same time, Blockbuster couldn't spend $1,000,000,000 because they're a
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publicly traded company and people would would destroy the stock,
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you know, on losses. So it's interesting. We do this in our Halo
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Academy, class that Peloton existed
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because Life Fitness and, you know, they're based on cash flow
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and EBITDA. You can't you can't be based on cash flow and EBITDA and and
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get board approval, you know, to to go into this type of venture.
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You know, as you look into digital transformation right now, and you say that the
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traditional companies, whether you you can name names or not,
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do the digital companies I'm sorry. Do the do the traditional
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companies, you know, whether it's like Matrix, whether that's Precor, whether that's Life
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Fitness, do they still feel like they're they're trying to catch up, or do they
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think like, I'm here now? Like, I made it. Well, this is the interesting thing
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about digital transformation is, you
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know, it's kinda like bankruptcy. Right? It's like slow then sudden.
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Okay? And a a good analogy would be, you know, I
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don't know if you knew of Inspire Fitness. Inspire was a bunch of ex pre
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core guys making performance racks and strength training equipment. And
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they're a great example of what I would call a legacy brand, your
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traditional legacy brand. And High Coast Capital came along and did
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an m and a of Chris Hemsworth's Center and Inspire Fitness and kept
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the Center brand, you know, because it's such a strong
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brand. But I think that's a great example of what happens as the
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category crosses the chasm as you see legacy
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brands doing m and a or acquisition of digital brands
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and putting the 2 together. And and as a customer,
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technologies like Asensy become that connective tissue between physical
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and digital. Right? It's like we don't have to go and build an AI department.
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We can pay for this, you know, as a monthly recurring
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fee, for for software. And you will see a lot more of that.
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2 of our other customers, I would mention, are VertiMax and
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PowerBlock. Like, they don't have Bluetooth or sensors or
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batteries or charging cradles. But just using the camera on a
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smartphone, we can tell what weight you've got in your hands or we
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can tell you how high you've jumped, and you don't need a force match. So
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the the opportunity for these legacy brands that have huge install
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bases, they're profitable, they've got loyal customer followings
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and product end market, and they can turn on digital with companies like
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Asensi overnight. That's amazing. Let let
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me, throw out a quote that I gave at the, connected fitness conference,
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summit, 2 years ago. Everyone was talking about AI, and I said that
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health club operators are in the room. I said, you can't have artificial
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intelligence until you have intelligence. Right? I mean, it's like, I'm
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building upon it. It doesn't just show up. So as
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you look at at the bricks and mortar players and
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you say, okay. Look. I'm gonna get your skeletal structure of every one of your
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your members and your your clients. I'm going to layer that
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on with everything else that you know is basically going into my system.
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What are some of the things that you're shocked that people aren't providing
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to you or that, you know, is an moment that is not an moment,
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but it's a demand that you make? I mean, I
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think, you know, anyone that's walking into a gym in a health club and, you
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know, talking about AI, you're you're speaking a foreign language.
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You're having the wrong conversation. I mean, I'm a deep technologist,
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but I don't speak to my customers about technology. I speak to them about what's
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the problems you want to solve. Is it customer acquisition? Is it engagement? Is it
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retention? Is it driving people towards, more personal training?
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Is it more visits per month? So those are those
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are consumer needs. Those are unmet consumer needs. And the question we ask
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ourselves is, what's the technology we can deploy that will
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elevate the experience and meet those unmet needs? And so, you know, if
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I'm talking to brick and mortar, it's like, what if we start
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with just having a warm up floor where as people are warming
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up, they're being given prescribed exercises because we're looking at them warming
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up and seeing where there's tightness. If in
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intimidation or gym intimidation is a big problem. Right? People, I'd I'd
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love to do a yoga class at my gym, but I don't wanna look
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stupid. Teach them at home with a technology like Asensio. Let
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us teach them the pauses and get them moving correctly so that when
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they walk into their first class, a, they know what they're doing, and,
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b, there's a handshake to the instructor. This is Steven. He's
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brand new. He seems to have tight shoulders, and so queue him
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appropriately in a downward dog. And now that member experience
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is seamlessly ebbing and flowing between digital and physical, but more
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importantly, we solve the customer acquisition and engagement problems.
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Yes. I mean, one of the things I like about what you're touching on here,
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and we tell this to everyone who comes to us with the business plan that
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they're looking to to get funded. It's like, what is the frustration that you
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are solving? Like, that is that is a company that is a business. It's
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not, hey. I'm gonna do aerial yoga. I'm gonna put it on a SoulCycle bike,
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and I'm like, did that solve anything for you? Have has that achieved anything for
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you personally that you think that is a concept that that has
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results or a reason to to get funded? You know, as you look
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at, you're so deep into the to the fitness space, and then you've
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also got companies that are obviously deep into, like, open AI and
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and providing AI solutions for companies. Do
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do you end up do you end up partnering with those companies? Are they kinda
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layered on top of or underneath your database? How do you stay
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ahead or on par on the AI side? I I keep reading these articles
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about how much it costs to, like, you know, teach teach the language
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and, you know, data centers, you know, and the amount of processing that that goes
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on. So how do how do you do that effectively? And, also, as a follow-up
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question, how do you get people to understand that they gotta pay for this? Like,
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it's not $99 a month. Yeah. So, that's why I
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have a good salesperson. So, I mean, I think to your first question,
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like, do we build on other people's AI? Like, you know, the technology industry has,
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you know, continuously stood on the shoulders of giants. Right? If you're trying
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to build things yourself, that you could build on from
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someone else, what are you doing? And I say that to our customers. It's like,
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what do you mean you're gonna build your I I won't name any customers, but
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they know who they are if they're listening. But customers, we have spent, you know,
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18 months, 2 years, big teams trying to build something that we could have
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had them live within a month, and it would have been better because that's all
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we do. And so, yeah, we build on underlying AI. We
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build on underlying open source models, but you need to know and this is true
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for any company. Right? Pete, you need to know what's the value that you're adding
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and the value that you're creating. And for us, the hard part of
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the problem like, anyone can show a skeleton on screen with dots
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on their shoulders and joints, and it looks like you've solved the problem.
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I I always use speech recognition as the analogy to movement recognition. And
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when you have a skeleton dancing on the screen, congratulations. You've done the equivalent
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of plugging a microphone into a PC. You've just captured something analog and
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made it digital. You don't know anything about what that
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person's actually saying. You don't know how to reply to them. For us,
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the core intellectual property is how do we teach a machine biomechanics?
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And I'm not telling you how we do it, but we do it. And we
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teach a machine the underlying biomechanics of a movement so that I
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can watch you do a lunge or do a punch or throw a
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roundhouse kick on a boat bag and know that you're doing it,
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how well you're doing it, and what should what should you learn next. And
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if we can just iterate on that problem, you know, that
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that that spans across every, movement modality
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possible.
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This is Pete Moore. Here's the last tip for you of the podcast.
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00:26:24,455 --> 00:26:28,295
We are partnered up with a company called Higher Dose, higher dose
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dot com. They are the leader in workout
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recovery products, infrared technology, LED
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light masks, neck enhancers, and other
431
00:26:38,935 --> 00:26:42,660
products, such as PMF mats and sauna blankets.
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00:26:43,120 --> 00:26:46,640
If you have not gotten on the workout recovery train
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00:26:46,640 --> 00:26:50,480
yet, your time and your stop is now. You gotta
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00:26:50,480 --> 00:26:54,240
get these products in there before these workout recovery and spas end
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00:26:54,240 --> 00:26:57,965
up saturating your market, having your members walk out of the club and
436
00:26:57,965 --> 00:27:01,405
going into one of their locations for $200 per
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00:27:01,405 --> 00:27:04,925
month where they're paid 39 to you. Let's become an
438
00:27:04,925 --> 00:27:08,605
expert in workout recovery if we are already an authority in
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00:27:08,605 --> 00:27:12,350
workouts. Higher dose, check it out. There's a
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wholesale code, and we look forward to helping
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you augment your products and services to meet the demands of
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00:27:19,550 --> 00:27:23,330
your members. And, hey, let's get people happy, healthy,
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00:27:23,390 --> 00:27:27,164
and sweating, and the recovery should be just as good as the workout.
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00:27:30,905 --> 00:27:34,424
So so let's say I own 10 clubs in Florida, which I
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don't. And, I wanna deploy a sensei.
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What what give me a range of, like, what's my capital investment? What
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00:27:41,930 --> 00:27:45,530
what what cameras do I need? You know, who who are
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00:27:45,530 --> 00:27:49,050
you interfacing with? I might not have a CTO. I might have
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00:27:49,050 --> 00:27:52,865
somebody on my team that, you know, is working with vendors and, you know, is,
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00:27:52,865 --> 00:27:56,545
like, trying to plug things together. So Right. How do those conversations go?
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00:27:56,545 --> 00:28:00,145
Or is there, like, a a threshold? And we've had we have this in our
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business where I I can't really help you unless you have 3,000,000 of EBITDA. Like,
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I don't raise money for seed capital, and I don't, you know, do
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$100,000,000 EBITDA deals because that's gotta be a big bank in this financing.
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00:28:10,980 --> 00:28:13,700
That's true. So I mean, like, a sweet spot, and that's my sweet spot. So
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what's a sweet spot for Sensei? I mean, yeah,
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00:28:17,395 --> 00:28:20,995
I'm not gonna I'm not gonna share pricing, directly on
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a on a podcast. But what I yeah. But what I would say is,
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00:28:25,155 --> 00:28:28,595
because it depends on the use case. I mean, essentially, we price ourselves as a
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00:28:28,595 --> 00:28:32,360
usage model. Right? We wanna create value and share and the value that we
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00:28:32,360 --> 00:28:36,120
create. We're not trying to, our goal, and this should be
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00:28:36,120 --> 00:28:39,320
everyone's goal. Our goal is not how do I take a rake on the revenue
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00:28:39,320 --> 00:28:42,919
that you're already making from your members. It's like, how can I raise the
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revenue that you're getting from your members because you're acquiring more members, because they're coming
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00:28:46,495 --> 00:28:50,095
more often, or because we're we're lowering your charm? And if I can do
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that, share it with me. And so that's how we encourage,
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00:28:53,855 --> 00:28:57,395
like, all of our customers, especially in brick and mortar, to think about this
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is let us raise your revenue. Now don't ask yourself how much is this gonna
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cost. It's like how much is it gonna make. In terms of infrastructure,
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that's the beautiful thing. You know, we've we've got partners
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that we've worked with in the past, including Intel, who with
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6 or 7 low cost cameras, I'm talking like $200
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cameras in a room, we can motion track everyone in that
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room. And the experience you might deliver doesn't have to be
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everybody suddenly in the room with their own earpiece listening to AI in the
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00:29:27,135 --> 00:29:30,929
sky. Remember the super coach. Like, I could have 20 people on
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rowing machines in a dark room, and the coach knows to
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walk over to Pete and say, Pete, you're not pressing with your legs.
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You're opening your back too early. How did the coach know to walk over to
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00:29:42,450 --> 00:29:45,865
you in the dark room? Because the Sensei saw you on the camera and and
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00:29:45,865 --> 00:29:49,465
and directed them to you. So how do I increase the engagement between your
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coaches and your athletes so members feel like they had a more personal treatment and
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00:29:52,905 --> 00:29:56,664
they're more engaged and they don't turn out? You know, that's a camera in the
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00:29:56,664 --> 00:30:00,365
sky problem. Yeah. Without without naming a specific
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client, what is one of the best, you know,
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00:30:04,880 --> 00:30:08,559
moments that you've had or say like, wow. Like, we took this club from x
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00:30:08,559 --> 00:30:12,399
amount of, you know, retention to this amount of retention, or we've got
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00:30:12,399 --> 00:30:16,085
these amount of people results in that. Like, even, you know, flattered me as, you
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00:30:16,085 --> 00:30:19,705
know, knowing that that it's got deployed properly. Well, give give us, like, a takeaway.
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You know, privacy and recency. Right? I'm gonna tell you about something that happened
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00:30:24,085 --> 00:30:26,805
last night. So we're I won't see who it's for, but for one of our
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00:30:26,805 --> 00:30:30,630
customers, we're in the midst of consumer text. So we just literally have
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00:30:31,030 --> 00:30:34,790
strangers off the street walking in who have no idea about the product or what's
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possible, and we just say, you know, you're gonna do a workout for half an
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hour and you're gonna tell us about that afterwards. And,
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you know, the metric that matters for us is net promoter score. How likely
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are you to recommend, the experience you just had to someone
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00:30:49,135 --> 00:30:52,975
else? And right now, the net promoter scores are all nines and
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00:30:52,975 --> 00:30:56,815
tens. Like, that's the moment for me. And that's on
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00:30:56,815 --> 00:31:00,550
a you know, for the customer, that's for an experience where we're saying,
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00:31:00,550 --> 00:31:04,390
like, this is the price of admission baseline experience that you should deliver
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00:31:04,390 --> 00:31:07,990
that will raise the bar in the industry, and then you can do this and
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00:31:07,990 --> 00:31:11,670
this and this and this and this, but the baseline experience has an NPS
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00:31:11,670 --> 00:31:15,515
of 9 or 10 so far. And I knew that, but I
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00:31:15,515 --> 00:31:19,035
love hearing it. I I love having videos of consumers kinda sitting
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00:31:19,035 --> 00:31:22,635
sweating, you know, telling you, how much they
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00:31:22,635 --> 00:31:26,015
enjoyed that experience they just had. So that makes me super bullish,
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00:31:28,240 --> 00:31:31,920
on where things are going. So in the interest of time, because we
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00:31:31,920 --> 00:31:35,760
wanna give people, you know, a little teaser here, we'll close. But what I wanna
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00:31:35,760 --> 00:31:39,040
just articulate is when you go to a trade show as a
511
00:31:39,465 --> 00:31:41,865
not to you, but to to the audience. So when you go to a trade
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00:31:41,865 --> 00:31:44,745
show and you walk around, I want you to think about it as going to
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00:31:44,745 --> 00:31:48,284
a weapons trade show, and these are all weapons. There's technology
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00:31:48,424 --> 00:31:52,200
weapons. There's physical weapons. There's, you know, coaching and
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00:31:52,200 --> 00:31:56,040
staffing. But but everything's a weapon in in deploying for your success.
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00:31:56,040 --> 00:31:59,480
And I think, you know, you're kind of like the central nervous system, if you
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00:31:59,480 --> 00:32:03,160
will, of that connectivity as well as kinda like the
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00:32:03,160 --> 00:32:06,835
CIA at the same time of of your members, you know, movement
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00:32:07,055 --> 00:32:10,655
and, coaching intelligence. So we're gonna we're gonna trademark the
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00:32:10,655 --> 00:32:14,495
entire podcast here. And, love what you're doing, and I'm
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00:32:14,495 --> 00:32:18,095
glad the industry has finally kinda gotten to a point where
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00:32:18,095 --> 00:32:21,940
everyone's listening, and there are people now deploying. And I think
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00:32:21,940 --> 00:32:25,700
it's now understood that this is mandatory. It's not optional, and
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00:32:25,700 --> 00:32:29,000
it's not going away. So thank you for your
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00:32:29,059 --> 00:32:32,660
contributions to the halo sector. We'd like you to use the term halo as
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00:32:32,660 --> 00:32:36,375
much as possible. And we are creating a halo effect, and you are scaling the
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00:32:36,375 --> 00:32:39,735
halo effect. So appreciate what you're doing, and it's great to, talk to you about
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00:32:39,735 --> 00:32:43,035
this. Awesome. Thanks for your time. Thanks, man.