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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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Learn More About Affiliate University : https://www.besthouroftheirday.com/affiliate-university
Level Up Your Coaching | The Knowledge : https://www.besthouroftheirday.com/theknowledge
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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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