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When the entrepreneurship bug hits, it hits hard — and some gym owners find that owning a gym isn't enough. There's so much else to explore: retail, supplements, gear — even coffee.
But is it possible to run multiple profitable businesses? And if so, how do you pull it off?
For the answers to those questions and more, Chris Cooper turned to Danny Lehr, owner and founder of CrossFit Excel and the wildly successful Caffeine and Kilos.
Links:
CrossFit Excel
Caffeine and Kilos
Gym Owners United
Timeline:
2:13 – How Danny become a gym owner.
5:12 – The birth of Caffeine and Kilos.
11:05 – Caffeine and Kilos today.
14:04 – Where Caffeine and Kilos’ sales come from.
17:01 – Building the Caffeine and Kilos brand while also growing a gym.
23:31 – Running both businesses at once.
25:56 – Building systems and hiring the right people.
30:07 – What’s next for Caffeine and Kilos.
33:51 – What to consider if you’re considering a second business.
40:07 – Knowing the value of your time.
42:55 – How to get involved with Caffeine and Kilos.