708. Quitting Your Full-Time Job To Run Your CrossFit Gym

Nick True, Budget Coach for Affiliate University, and Fern highlights the necessity of detailed financial planning and lifestyle adjustments for those aspiring to transition from a full-time job to running a CrossFit gym, stressing careful consideration of personal and gym finances, benefits, and the potential for improved quality of life through strategic, informed decision-making.

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(00:00) - Intro

(04:23) - Understanding Personal Finances

(06:03) - Adjusting Lifestyle & Expenses

(08:12) - Structuring Effective Budgets

(08:40) - Budgeting: Personal & Gym Expenses

(16:45) - Calculating Required Personal Income

(18:48) - Factoring Health Insurance/Benefits

(21:24) - Gym's Financial Capacity

(41:18) - Full-Time Focus Impacts Growth

(44:08) - Setting Realistic Expectations

(44:43) - Investing in Gym & Self

(46:28) - Quality of Life Considerations

(50:40) - Making an Informed Decision

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