Get Financially FIT with Debbie Hancock is a podcast designed to empower business owners to achieve their financial goals and live the life they desire. Hosted by Chartered Management Accountant and Certified Financial Coach Debbie Hancock, the show combines money mindset and financial strategy to help you create a business that supports your lifestyle.
FIT stands for Future, Income, Thoughts. We'll explore how your thoughts, beliefs and money stories can impact your financial success, and provide practical financial strategies to improve your financial knowledge and achieve your income goals. Whether you're dreaming of a luxurious lifestyle or a comfortable retirement, this podcast will equip you with the tools and knowledge to build a financially secure future.
Hosted on Acast. See acast.com/privacy for more information.
Get Financially FIT with Debbie Hancock is a podcast designed to empower business owners to achieve their financial goals and live the life they desire. Hosted by Chartered Management Accountant and Certified Financial Coach Debbie Hancock, the show combines money mindset and financial strategy to help you create a business that supports your lifestyle.
FIT stands for Future, Income, Thoughts. We'll explore how your thoughts, beliefs and money stories can impact your financial success, and provide practical financial strategies to improve your financial knowledge and achieve your income goals. Whether you're dreaming of a luxurious lifestyle or a comfortable retirement, this podcast will equip you with the tools and knowledge to build a financially secure future.
Hosted on Acast. See acast.com/privacy for more information.
In this episode of Get Financially Fit, I chat with Wayne Heath, founder and CEO of ClubRight, about his inspiring move from corporate careers to entrepreneurship in the fitness industry. Wayne talks openly about the financial challenges faced in the early days, why cash flow management is absolutely vital, and how recurring revenue has helped fuel ClubRight’s growth. We cover the importance of systems, building a strong team, retaining customers, and the financial lessons every business owner should hear. A brilliant listen for anyone navigating business growth.
Takeaways:
Wayne transitioned from a corporate career to entrepreneurship in the fitness industry.
The need for systems became apparent as the business grew.
ClubRight was built with a focus on gym owners' perspectives.
Cash flow management is crucial for business survival.
Reinvesting profits has been key to ClubRight's growth.
Recurring revenue is essential for sustainable business.
Building a strong team is vital for success.
Pre-selling memberships can help with cash flow.
Customer retention is a significant challenge in the fitness industry.
Communication with customers can enhance retention rates
Connect with Wayne and ClubRight:
https://www.linkedin.com/in/wayne-heath-6a5b1914/
Hosted on Acast. See acast.com/privacy for more information.