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Gym World Worldwide

8 ways to become a millionaire gym owner

Feb 16, 2024
01:01:23

John Franklin (https://twitter.com/johnisbuilding?la...) and Mateo Lopez are back with Chris Cooper (https://twobrainbusiness.com/) to talk about his latest book, 'Millionaire Gym Owner.' Chris wants to show gym owners how to use their income to build real wealth. The book is full of strategies and real success stories from 14 gym owners who made $1M net worth.

You can download it for FREE on Kindle until Feb. 16. Get it here: https://www.amazon.com/dp/B0CTKNP5VD

P.S. If you like the show, then you'll love the Gym World newsletter. Every Friday, John Franklin breaks down the possibilities of making money in the fitness industry. Subscribe here (https://usekilo.com/gym-world/) so you don't miss out.

Show Notes:

(00:00) Introducing Chris

(1:54) What is Millionaire Gym Owner?

(5:21) Investment strategies for gym owners

(11:32) Reinvesting in your fitness business

(19:26) The fastest path to becoming a millionaire

(22:46) Leverage for business growth and risk

(34:30) How to approach business growth

(37:37) Retirement planning for gym owners

(41:50) Functional retirement vs. actual retirement

(48:06) The most surprising success story from the book

(50:26) How to look at money and managing expenses

(55:11) Final takeaway from Millionaire Gym Owner

(58:10) Where to go if you want to find Chris

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