Stark Naked Numbers Tobi Pearce: Sweat, Success & Self-Improvement
Today I’m joined live in the studio by Tobi Pearce, the brilliant mind behind the hugely popular Sweat fitness app. Tobi's journey is nothing short of remarkable. He bootstrapped Sweat to a peak of $100 million in annual revenue and eventually orchestrated a jaw-dropping $400 million sale.
I’m Jason Andrew, and this is Stark Naked Numbers. It’s the podcast that strips down the numbers of business, investing and wealth creation to help you become a better entrepreneur and a better investor, and ultimately build your net worth.
In this pod we go over the profits and numbers of Sweat, how he thinks about managing people and problem solving, his relationship with money, asset allocation and how he chooses to invest his hard-earned funds.
Tobi one of the most impressive people I've met, and as you'll hear, one of the sharpest minds you’ll come across.
Alright, let’s get into it.
Links:
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Show Notes:
(01:43) - The evolution and success of Sweat
(05:22) - The lucrative world of e-books
(08:11) - Luck or opportunity spotting?
(10:22) - The influencers’ ascent in fitness
(12:16) - The creator economy: fad or forever?
(17:11) - Sweat’s endurance test
(19:25) - Tobi’s strategic exit
(26:40) - Selling at the peak: Indicators of a ‘frothy’ market
(35:26) - Market trends and entrepreneurial opportunities
(47:07) - The pain points of business founders
(48:45) - The making of a successful CEO
(55:50) - Personal wealth for personal growth
(58:05) - Tobi’s take on negative media coverage and public criticism
(59:23) - The fear of losing it all
(01:04) - Tobi’s investment strategy