Your Fitness Money Coach Podcast - Helping Gym Owners Build Profitable Businesses

Today we're diving into Part 4 of my Good to Great series. This one is about a game changing idea called the Hedgehog Concept. I learned this principle in G2G and have seen it played out in every scenario where I've seen lasting success. In a nutshell, the Hedgehog Concept is where the following 3 things connect: 1) What can I be the best in the world at? 2) What am I deeply passionate about? 3) W...

Today I have Justin Yule on the show to share some powerful concepts regarding crucial areas such mindset and beliefs. The show is called Untwist Your Thinking . If you can get these things right you'll be amazed by your results in every area of your life. If you listen to this episode, you'll hear the following mentioned: Tactics are great but without mindset, you'll only get so far Justin's podc...

Today we're diving into Good to Great again with a useful concept, Confront the Brutal Facts. In this third installment, you'll learn the importance of maintaining an unwavering faith while confronting the brutal facts. If you listen to this episode, you'll hear the following mentioned: A & P Vs. Kroger Good to Great companies don't have to be perfect Spend time with the squiggly things An example...

John Briggs, author of Profit First For Microgyms, joins me to discuss Profit First and how it relates to gym owners. Check out this episode and get your finances on track. You work too hard not to benefit financially. If you listen to this episode, you'll hear the following mentioned: Successful gyms have multiple revenue streams Profit First for Microgyms The difference between microgyms and glo...

We're diving into Part 2 of the Good to Great series. Today's topic is a principle from the book, First Who Then What.   The G2G companies focused on getting the right people in the right seat on the bus. If you listen to this episode, you'll hear the following mentioned: "The magic happens during the plateau." – Billy Hofacker Dick Cooley from Wells Fargo was relentless about getting the right pe...

This episode called The Power of Systems, I interview Doug Spurling, owner of Spurling Fitness. Doug delivers a ton of value ranging from using systems to maximize speed and efficiency to the importance of taking action. Have a listen. This is one you won't regret. If you listen to this episode, you'll hear the following mentioned: How Doug decided on a real estate investment that aligned with his...

This episode called Good to Great, I begin a series of bite sized episodes on the classic book Good to Great by Jim Collins. Each episode will highlight a teaching from G2G. In this first episode, we discuss what Collin calls level 5 leadership. This is one of the most surprising findings from Collins' extensive study of great, enduring companies. The type of leadership behind them is not what man...

This episode called Real Estate Success, I interview Nick Lamagna. I believe it's important to learn the basics of real estate for anyone looking to get money smart. We discuss what we need to know about real estate from a buying and selling standpoint, different ways to invest in real estate, and even some self development principles like overcoming adversity. If you listen to this episode, you'l...

This episode called Money Mindset – The Secret to Your Financial Success , features part of a talk I did for a world class training facility. Doug Spurling had me come in and talk to his team about personal finance. Some really useful topics were discussed. In this episode, I highlight Money Mindset as well as some steps to take whether you are beginning or recommitting to your financial journey....

In this episode called The Language of Business, I interview Mike Freeman, CPA. We discuss a topic that may not be what you thought you were getting into when you started but is of utmost importance, accounting. We discuss some important topics that can have a tremendous impact on your business and life. If you listen to this episode, you'll hear the following mentioned: The 4 types of business en...

In this episode called Investing in Yourself Vs. Building Wealth, I explore the tension between investing in yourself, reinvesting in your business, and building wealth. While there isn't necessarily a one size fits all formula, you'll hear tips that are guaranteed to help you balance this tension in your own life and business. If you listen to this episode, you'll hear the following mentioned: A...

In this episode called Reducing Your Drains , I discuss the importance of simplifying your life in order to win financially. I cover what is meant by reducing your drains and share very practical steps to improve your financial picture.   If you listen to this episode, you'll hear the following mentioned: Episode 47 – Staying Financially Focused in 2021 Fixed Vs. variable expenses Check into bundl...

In this episode called Staying Focused in 2021 , I discuss the mindset needed to stay financially focused, practical tips on doing so, and powerful stories to help you with this most important area. If you listen to this episode, you'll hear the following mentioned: Your vision can and should expand as you grow Warren Buffet article Craig Groeschel Leadership Podcast Turn off the notifications, un...

In this episode called Everything PPP, I interview Brett Denton about the details regarding the second PPP draw as well as answering some listener questions. If you listen to this episode, you'll hear the following mentioned: What the PPP (Payment Protection Program) is and the purpose of it The importance of keeping proper books The process for applying for the PPP How the PPP is calculated Apply...

In this episode called How to be Successful in 2021, I share how you can make 2021 a successful year regardless of what's going on in the world.   If you listen to this episode, you'll hear the following mentioned: Billy shares some personal goals Episode 44 – 5 Lessons From 2020 "If I did it once I can do it again." Nido Queben "Nothing rewards like action." – Billy Hofacker Darren Hardy's Compou...

In this episode called 5 Lessons From 2020, I share 5 lessons from 2020 that we can all learn from. The lessons relate to life, finance, and my experience recording 44 podcasts so far. If you listen to this episode, you'll hear the following mentioned: Life can be hard Stockdale paradox Remember Your WHY We need to celebrate our wins "If I did it once I can do it again." Learn from the past You ne...

In this episode called The Magic of Investing in Yourself, I interview a smart young coach who is in my Fitness Profit Coaching group, Marcus McDuffie. We discuss a few important topics including how to grow through the uncertainty, how to be yourself on social media, and the importance of investing in yourself. If you listen to this episode, you'll hear the following mentioned: Episode 41 – The T...

In this episode called Setting and Achieving Financial Goals, I discuss how to set S.M.A.R.T. goals, how to know which goals to chose, and practical steps to make it all work. I also challenge you to go a little deeper when it comes to your goals. If you listen to this episode, you'll hear about: Episode 40 – Creating Your Future - Balancing Long Term Vision With Living for Today Setting S.M.A.R.T...

In this episode called The Talk, I bring on a very special guest, my wife Melissa. We discuss navigating finances with your spouse. Learn the best approach as well as some mistakes to avoid. If you listen to this episode, you'll hear about: Coach Catalyst Virtual Summit, Crush - https://bit.ly/billyhofacker Melissa's story Melissa shares her experience emotionally in regards to financial difficult...

In this episode called Creating Your Future I share how you can plan for the future while living for today. If you listen to this episode, you'll hear about: The story of the Mexican Fisherman First, get clear about what you want Know what you're willing to sacrifice Even Bill Gates is limited Map out your plan The Millionaire Next Door and Stop Acting Rich by Thomas Stanley Keep the goals in fron...

In this episode called Staying on Track Through the Holidays , I share how you can stay on track financially through the holidays, ways to save money, and a huge mistake to avoid. The holidays can be a stressful time so tune in and find out how you can stay on track. If you listen to this episode, you'll hear about: The dichotomy of how little things don't matter and at the same time how they're e...

In this episode called The Antidote to Worry , I share something you can do to minimize your concerns, how you can do it, and even a couple of marching orders to make it happen! It's certainly a stressful time so tune it to learn the "secret" to dealing with worry, fear, and stress.   If you listen to this episode, you'll hear about: "It's hard to be hateful when your grateful" "Our fatigue is oft...

In this episode called It's good to be weird , I share some insight on what it means to be normal, the 4 factors of financial success, and how you can get a head by being weird. If you listen to this episode, you'll hear about: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-139-joe-saul-sehy Take your time, don't rush, and be prepared "See what other people are doing and do the opp...

In this episode called How you do one thing is how you do everything . I learned this concept years ago but I was reminded of it this week. I share two very recent examples where my wife made smart money choices and how important those "little" things are. If you listen to this episode, you'll hear about: Melissa made 2 smart money choices Billy's goal for the show The envelope system works Why th...

In this episode called Birthday Lessons from Billy , I share some insight I've gained after crossing over the 40 year mark. I also discuss some specific thoughts and strategies in relation to each decade of life. If you listen to this episode, you'll hear about: Coach and Grow Rich post on www.tonygentilcore.com Start where you are Props to Sam for the b-day lessons idea Billy shares a story about...