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Simple Profit with Tu Le
Simple Profit
25 episodes
1 week ago
Building $1M+ membership-based businesses with Tu Le
Show more...
Entrepreneurship
Business
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All content for Simple Profit with Tu Le is the property of Simple Profit and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Building $1M+ membership-based businesses with Tu Le
Show more...
Entrepreneurship
Business
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EP9: How I Turned $40k into an $800k Business: Rent Agreement (Part 2)
Simple Profit with Tu Le
15 minutes 50 seconds
1 year ago
EP9: How I Turned $40k into an $800k Business: Rent Agreement (Part 2)

In this episode of The Simple Profit Podcast, part 2 of a 3-part series, Tu Le unfolds his journey from a $40,000 initial investment to building an $800,000 martial arts business in just five years. This episode focuses on essential aspects of commercial real estate and business growth, with Tu sharing critical strategies and insights.


Tu dives deep into the significance of rent negotiations and triple net lease terms, highlighting their impact on startup and operating costs. His guidance is pivotal for entrepreneurs seeking to minimize expenses and optimize business performance.


Timestamps:

03:14 The Hidden Costs of Triple Net Leases

04:39 Navigating Build-Out Costs and Landlord Negotiations

07:46 The Power of Smart Lease Terms and Build-Out Strategies

13:35 Rapid Setup and Launch: From Keys to Classes in Days


For more tools to efficiently manage your business, check out MyStudio's powerful membership management software at www.mystudio.io.

Simple Profit with Tu Le
Building $1M+ membership-based businesses with Tu Le