Financial Problems? Billy Hofacker is Your Fitness Money Coach
Run a Profitable Gym
English - October 07, 2021 04:00 - 32 minutes - 22.4 MB - ★★★★★ - 61 ratingsEntrepreneurship Business Health & Fitness fitness coaching crossfit business gym marketing ceo Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Eleven years ago, Billy Hofacker answered a knock at his door, only to find his brand-new, cherished Honda Accord being towed away by the repo man. When he faced the mountain of unpaid bills and did the math, the total came to a staggering $130,000 of consumer debt.
Today, Hofacker — a personal trainer of 20 years — is the owner and CEO of Total Body Boot Camp and Performance Center, with two successful locations in the hyper-competitive market of Long Island, New York. And he uses the tools and expertise he gained digging out of his own debt and building a platform of wealth to help other fitness pros do the same.
Here, he and Chris Cooper talk about how gym owners can win with money.
Links:
Your Fitness Money Coach
"Fitness Profits"
Your Fitness Coach Money Podcast
Drink O2
Beyond the Whiteboard
Gym Owners United
Timeline:
1:47 – Becoming a fitpro.
4:09 – Hitting financial rock bottom.
6:33 – Becoming the Fit Money Coach.
8:29 – The most common money problems fitpros face.
10:01 – How to stop feeling guilty about charging what you’re worth.
13:34 – How Billy paid off $130,000 of personal debt in five years.
18:13 – How paying off that debt made Billy a better business owner.
20:34 – What Billy does for fitpros.
21:37 – Staying motivated after you’ve made the money.
25:13 – What to do with the money you’ve made.