Transcript
Jonathan Dues (0:00)
No.
Doug Goodnow (0:21)
Welcome to the White and Blue podcast. I'm Doug Goodnow and my co Host is Colleen McGinnis. We are here to tell the interesting stories of Hillsdale College alumni or more accurately, help them share their own stories. Here's a little bit about today's guest. Jonathan Dues from The class of 2003 was a former basketball standout at Hillsdale. Now he is combining his love for basketball and business. Dues is the co founder of Swish House, the world's first basketball fitness community for adults. Learn more about this innovative business venture and also about his time as a charger. Jonathan, thank you for joining us today.
Jonathan Dues (0:57)
It's my pleasure. Thank you so much, Doug, Colleen, for having me.
Colleen McGinnis (1:00)
Yes, it is thrilled to be here. Well, it's very fun to have you in this capacity. 20 plus years later after we were students, I know the same time frame.
Jonathan Dues (1:09)
So 99 to 03.
Colleen McGinnis (1:10)
Yeah, I didn't hang out much with you. You were too cool with all your basketball guys. You know, it was fun to watch you on the court.
Jonathan Dues (1:17)
Thank you so much.
Colleen McGinnis (1:18)
But it's also been fun following your career and all of the things you've been doing so successfully in finance and in your family life. But one I think very interesting thing and one reason you're here is the Swish House venture. And I'd love to learn more about that. Share with the audience specifically what you're doing, what Swish House, what the concept is.
Jonathan Dues (1:41)
Indeed. I always explain the business in two parts. It's, it's most people categorize us in the world of adult boutique fitness kind of in like everybody's familiar, I'm sure in some capacity with CrossFit, Orange Theory Fitness, there's Soul Cycles, some of these mega, especially in major cities, these adult fitness experiences. There's boxing fitness classes called Title Rumble that are multi billion dollar companies at this stage where adults go train like a boxer. They're in your 20s, 30s, 40s. That's where I came up with the idea for Swish Outs. Oddly, in Chicago, I had this idea to add a title boxing workout. It was a, you know, in my neighborhood, I went to try it. You buy boxing gloves, you beat up a heavy bag for a while. And I had this like epiphany, like, man, I think people would, I mean how many people do I know played, have ever boxed? And not that many. I always love asking people, how many people do you know have ever like gotten a ring and like beat somebody up? Not that many. But how many people, how many people do you know, that played basketball, not that we're like college or pros that like played on their eighth grade team their ninth grade or just enjoy it. And I was like, God, I think people would show up as like some 30 year old, 40 year old dude or gal would show up and like get worked out and like do shooting drills and contests and like maybe not have the risk of getting injured. So I started thinking it through in my, in my mind and like we came up with basically I called my smartest friend from childhood, his name's Dave Holtzmiller. He played collegiate basketball as well. And we came up with this idea to create an adult basketball centric fitness community where you could buy a membership and get on an underutilized local court. So think of it as. That's kind of the other kind of aspect of it is we're in that same business sector I always explain as Airbnb and Uber. So activating underutilized assets and turning and running a business out of them, a car or somebody's awesome condo in Miami, Florida or something that just sits dormant. You can now like put on Airbnb some of them. So it was like, gosh. And if you do that, the overhead for the model, the business is really low. You don't have a real estate plan. A lot of these other businesses, you have to have this monster overhead. You have to be rich to open up like an Orange Theory fitness. That's kind of the punchline is it's like, it's a very expensive franchisees that you would have to do in order to run some of these other fitness companies. So we had this idea of like, wow, what if we went around, activated and bought up a bunch of unused basketball courts in Chicago and New York, created an app, and if you're a casual NBA fan and just, you know, maybe played on your sixth, seventh grade team, you need to lose a few pounds. You want to go catch. You know, instead of getting on a treadmill, you could go do something super fun like doing shooting contest drills. The things you used to do as a player as a kid or for me, as a collegiate player, I was pretty decent college player because I like outworked everybody. I was the guy that was shooting 300 threes a day or something. You know, like there's a lot of junky basketball players that just love to shoot and run. And so we just had this. We started riffing on it as kind of a fun entrepreneurial idea in 2016, 2017, 18, and then we actually brought in a few, like Real angel investors and brought in a full time employee and during the pandemic raised some money and like went from like kind of a fun idea into like a real thing that's now humming in New York City and in Chicago. And then we're planning to take it to 50 cities within the next, I'd say seven or eight years, hopefully faster. But think of it as, you know, we're going to franchise it all over the country. I think it could be a global business if we really execute. But right now it's just a small business. It's really going well in Chicago, New York. And so think of it as like, you know, you're, as an adult, you, you buy a, a membership to Swish House the same way you might do a CrossFit gym. Whether you're in Hillsdale or in Detroit or in San Francisco. You know, like you, you can catch basketball centric workouts and if you really still like to play competitively, you can catch organized, high quality, consistent pickup games that are competitive for those people who still like to get their juices playing. And because the workout classes are non contact, you can be Lebron James or an out of shaped good. No, you get or, or people literally like novices. Like we have novices that might come with, you know, a girl might bring her boyfriend who's never played and she played, you know, at Michigan and brings her boyfriend who's like played, you know, isn't a real great basketball player, but can do the class because there's, it's, it's just, it's team based shooting contest stations, a whole litany of like really fun kind of strength, conditioning, flexibility, mobility drills that we've gamified. It makes exercising super fun. Like people have a hilarious time at Swish houses. So does that make sense? That's kind of what the business is.
