Apr 30, 2024
#219:
In part 2 of our 3-part series on reading financial statements, we’re talking about profit margin.
Generally, fit pros know that a higher profit margin is a good thing, but there can be a lack of connecting the dots from the financial statement to real life.
Listening to today’s show will teach/remind...
Apr 23, 2024
#218:
We start our 3-part journey of reading financial statements.
There is no better place to start than with the mack daddy of the financial statements, the P&L.
The P&L, also called an income statement, shows your company’s revenue, expense, gains, and losses over a given period (e.g. 3 months).
Why it’s...
Apr 16, 2024
#217: When I say “Fitness Business Unicorn,” I’m talking about a fitness business that is highly desirable yet difficult to attain.
Mark Fisher brings a wealth of experience not only building a Fitness Business Unicorn (Mark Fisher Fitness) himself but also helping other fitness businesses do the same. Many...
Apr 9, 2024
#216:
Finances like life are a journey with many ups and downs and twists and turns.
The good news is just like life, you can get quite a ways off course, and still recover and finish strong.
The older we get, the less true that is.
Losing 100% of your net worth at 25 is completely different than that happening at...
Apr 2, 2024
#215: Aaron started his gym like a lot of us do, because he wanted to help people and he saw how fitness helped him.
He started on his own after a corporate stint making just a few hundred dollars per month.
He put his head down, worked hard, and started making real money.
While he built up a great business...