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Former Precor President Predicts Future of the Fitness Industry | Paul Byrne

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Paul Byrne is the former President of Precor. He's also a forward-thinking innovator who’s the reason every gym in America has an elliptical machine.

Under his leadership, he transformed Precor into a $350 million-dollar global supplier of home and commercial fitness equipment and was a key asset in its recent acquisition by Peloton.

Today, he serves as an industry advisor and is the author of two powerful prediction reports that will change the game for the health and wellness sector and continue pushing the entire industry to innovate.

What does the future look like for manufacturers? Where is the boutique segment headed? How do you go about being successful in an overly saturated consumer space?

Paul has the answers.

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00:00 - Intro
01:54 - Precor's History of Integrating New Technology
06:58 - Industry Reports on COVID-19
14:35 - The Peloton Revolution
17:00 - Commercial vs. Consumer Companies
20:51 - The State of Manufacturing
29:04 - Competing with Peloton
34:42 - Content Creation within the Industry
37:30 - Connected vs. Non-connected Equipment
41:52 - How Clubs Can Benefit From Wearable Technology
46:18 - The Future of Personal Training
50:33 - Trends of Younger vs. Older Generations
52:32 - Consumers Working from Home
57:40 - Investments and Finance
1:04:37 - When Is A Time You Escaped Your Limits?

Former Precor President Predicts Future of the Fitness Industry | Paul Byrne

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