My Shark Tank Idea- electricity producing gyms

I wanted to get this on the record to prove its my idea. This is my unedited thoughts on paper, not a business plan although I could produce one upon request 🙂

Concept:

  • gym which houses workout equipment specially designed to produce electricity through movement.
    • we know that this type of technology already exists. Movement produces electricity- e.g. wind farms, hydroelectric, crank chargers etc…
  • Gym is paid by electric companies or the state for the electricity produced and added to the grid. The gym can sell directly to private buyers (homes/communities/cities etc…).
  • Gym attracts people to use equipment by offering discounts for memberships based on how much electricity their exercises produce over the course of a given period (week or month).
    • if someone produces enough electricity through their exercise they can actually be paid by the gym.
    • This provides incentive for gym rats to stay and produce more and convince their friends to do the same
    • This will also likely attract people interested in green energy production and saving the environment
  • Once concept is proven successful, and there is money for expansion, the organization will venture into the power company space by creating a power plant with thousands of employees who are fitness and environment freaks willing to work and live on-site.
    • “employees” will be paid in food and exercise as well as being part of the greatest company on earth. They will also be given a stipend.

The 5:1 ratio of positive to negative feedback

I read a book recently by William Gentry called “Be the Boss Everyone Wants to Work for: A guide for new leaders” and he makes the simple but profoundly true observation: “…strive to give five positive pieces of feedback over a period of time before you must deliver a negative one.” he bases this suggestion on research done by relationship experts John and Julie Gotterman in their work investigating successful marriages vs. those ending in divorce. according to the research- the ratio of positive to negative interactions for successful/married couples is typically around 5:1, whereas, unstable marriages show a ratio of 0.8:1.

In his book he also points to research showing how non-verbal communication (facial expression, tone, body gesture and proximity, eye contact, etc..) makes up anywhere between 65%-93% “..of the total emotional interaction between two people.”

I know I needed this reminder!