3min chapter

WTF Gym Talk cover image

A Second Chance At Brick + Mortar w/ Dr. Sean Pastuch

WTF Gym Talk

CHAPTER

The Importance of Capitalization in Business

Part-time gym owners don't have to extract cash out of the business. It allows you to run faster than your competition who were full-time in the business and must Extract cash out of it comma If one of your competition is full-time, but they took out a loan and they're well capitalized. You're probably neck to neck Right. Instead of riding the wave of the business like I make money when the business makes money I stress when the business doesn't make money. Um, I also like it forces you from day one to hire out Which then forces you to learn the leadership from day one because the way the average micro gym owner does it We rebuild the airplanes.

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