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00:00:00 – 00:41:18
The video discusses the creation and success of the New York Q Club, a pool club focused on providing high-quality facilities for players to enhance their skills. The club prioritizes a respectful environment, thorough market research, and an emphasis on practice rather than gambling. It has attracted a significant number of members and aims to expand to other cities. The club features state-of-the-art equipment, an honor system for snacks, and an app for booking tables. The speaker emphasizes the time and dedication required to excel in pool and billiards, and envisions the club becoming a premier pool destination with modern technology. Additionally, there is a focus on supporting youth players through a Junior Academy and engaging with the local community. The overall goal is to offer a superior experience for players while maintaining a pristine environment.
00:00:00
In this segment of the video, the main points discussed include the concept and development of the New York Q Club, which was created by investors who are passionate pool players. The club aims to provide a high-quality space for pool players to improve their skills affordably. The club features state-of-the-art equipment and a variety of table setups, with an emphasis on maintaining a conducive environment for players to enhance their abilities. The challenge of operating such a club in a prime location like New York City is highlighted, specifically regarding the cost structure and affordability for members. Currently, the club has around 140 members paying a monthly fee of $295.
00:05:00
In this part of the video, the speaker discusses how the main goal of the club was to break even, rather than aiming to make a significant profit. The club is driven by a desire to enhance the New York pool scene and has proven to be sustainable. Members share their favorite aspects of the club, such as the quality of the facilities and level of competition. The club’s success was attributed to thorough market research and due diligence before opening. Despite initial uncertainties, the club received more memberships than anticipated, indicating the demand for such a venue in the New York pool market.
00:10:00
In this segment of the video, the speaker discusses the concept of their pool hall in New York. They mention that their business model is not in direct competition with traditional pool halls focused on serving drinks and the general public. The club emphasizes creating a respectful environment for practice and improvement. Members must adhere to a code of conduct for 24/7 access, leading to a waitlist due to high demand. The focus is on fine-tuning the experience rather than immediate expansion for profit. Screening ensures members exhibit the right behavior, with no restrictions on gambling. The goal is for practice rather than gambling, and potential expansion to other cities is considered after a year of operation.
00:15:00
In this segment of the video, the speaker discusses their venture of opening a billiards club not for profit, their choice of Gabriel’s tables, Predator Arena lights, and the process of shipping tables to the U.S. They explain the concept of being a billiard academy with various coaches and attracting international pros for coaching sessions. The speaker also mentions their design and marketing background, running individual leagues for nineball and straight pool, and the appeal of the club to traveling pros and members.
00:20:00
In this segment of the video, the speaker discusses the benefits of their club’s booking feature for pool tables, allowing members to schedule games at their convenience. They highlight the use of a membership app for reservations and stress the importance of being respectful with cancellations. Additionally, they mention their honor system for snacks and drinks, which has been successful without the need for a liquor license. The video also features the club’s oldest member, a 98-year-old individual who still actively plays pool.
00:25:00
In this segment of the video, the conversation revolves around the time it takes to improve at pool and billiards. The speaker shares that they have been playing American pool for about 12 years and billiards for approximately 30 years. They discuss how it took them around 20 years to start excelling further in the game, emphasizing the importance of consistency over the years. They also touch upon the idea that a beginner could become decent within three to four years with consistent practice. The dialogue then transitions to discussing the lack of an official House Pro at their club and the value of having various professionals come in to offer coaching. The video ends with mention of a player named Chris from Germany who has been performing well in tournaments despite also holding a regular job. Overall, the discussion highlights the dedication and time commitment required to excel in these sports.
00:30:00
In this part of the video, the speaker discusses setting up a Junior Academy for players to develop their skills, which is facing challenges due to staffing issues. They emphasize the importance of supporting the youth pool players, including sponsoring and creating opportunities for them. The club aims to engage with the local community, explore funding options, and provides a unique service of maintaining pristine equipment for members. They also express interest in sponsoring youth players and hosting events to support the pool community.
00:35:00
In this segment of the video, the speaker discusses the meticulous upkeep and atmosphere of the club, highlighting the use of high-quality tables. They share a challenge of transporting heavy tables to the club due to weight limits on the freight elevator. The speaker envisions the club becoming a leading pool destination in the next five years, with a focus on modern technology for a better player experience. They emphasize cleanliness and safety measures, including using tablets for scoring. Advice for others interested in starting a similar venture includes conducting thorough research and ensuring community interest. The key to their success is addressing common issues seen in pool halls to create a superior experience for players.
00:40:00
In this segment of the video, the speaker discusses creating a unique environment at their club. They share the club’s website, nyqclub.com, where viewers can find more information, contact the club, schedule a tour, and apply for membership. The video also teases an upcoming interview with Isaac Wooten, the founder of digital pool prize pools. Finally, viewers are encouraged to support the show by using sponsors or becoming a channel member for extra content access.