Your Fitness Money Coach Podcast - Helping Gym Owners Build Profitable Businesses

Billy Hofacker
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Dec 20, 2022 • 30min

146. 8-Minute Success - An Interview with Jaime Brenkus Part 1

If you were around in the 90s, you most definitely remember the 8-Minute Abs exercise video. It was so popular, there's a famous scene with Ben Stiller from Something About Mary about it. While the movie joked about it, 1.8 million people purchased it. The star, Jaime Brenkus joins me on the podcast for a 2-part show. Amongst other gems, Jaime shares a specific formula any fit pro can use to create results and generate sales. Jaime shares: What he would have done differently if he could do it all over The pros and cons of partnerships How to know when to take a risk The BEST way to create a niche program How to develop the enthusiasm and belief you need to reach your potential Check out an offering from Jaime here! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. Book a 15 Minute Q&A with me and see if a Money Map Session is the right move for you! Enjoy the show and as always, thanks for tuning in!
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Dec 13, 2022 • 21min

145. What Savvy Fit Pros Know About Taxes

When I first started my business, I had no idea how taxes worked. I just worked hard until I brought in decent money. I was shocked when my accountant told me, "You need to pay 6K in taxes." Six thousand? I didn't even have six cents. I've learned a lot since then. Many people think (or at least act) like the tax year ends on April 14th so they do what they can, usually, in April or later, to get things together. Those who are the most successful know that April is not only too late to prepare for the previous tax year but it's even too late to prepare for the current/following year. Regardless of how strong you are on the accounting side of your business, this episode will give you specific steps and strategies to become or improve your finances and your business. After following the steps, you may even enjoy talking about them. haha By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. Book a 15 Minute Q&A with me and see if a Money Map Session is the right move for you! Enjoy the show and as always, thanks for tuning in!
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Dec 6, 2022 • 19min

144. How Long Does it Take to Become Wealthy?

Jon Rohn said, "Become a Millionaire, not for the money but for the person you become." I can attest to the fact that I am a better person now that I've implemented certain character traits, behaviors, and habits with my money. Not always, but generally, a financially successful person who is confident, generous, and hard working is going to have a better marriage than someone who is drowning in debt because they are buying things they can't afford with money they don't have to impress people they don't like. I was recently talking with an uber successful fitness entrepreneur who told his mastermind they'd be better off learning and implementing the skills and behaviors to become a decamillionaire (10 mil net worth) over 10 years than being handed 10 million dollars. In today's show we explore: How long it takes to become a millionaire The factors determining the length of time it takes Why it's important not to rush past the in between part Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. Book a 15 Minute Q&A with me and see if a Money Map Session is the right move for you! Enjoy the show and as always, thanks for tuning in!
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Nov 29, 2022 • 22min

143. The Most Overlooked Yet Powerful Money Principle

It seems like the more people "chase" money, the less they actually have and the more miserable they become. It seems counter-intuitive but I've seen the opposite play out. The more people focus on internal things like the person they are becoming, the more they end up with and the happier they become. One of the areas that most people aren't inclined to look at when desiring a better financial future is generosity. Why would they? The more they give, the less they have right? Not so fast. Check out today's show for a reminder of how giving is correlated with having "more" and finding more joy. If this is new to you, you may never look at giving the same. Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy Here are some important links. Fitness Profits Book a 15 Minute Q&A With Billy
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Nov 22, 2022 • 26min

142. The 7 Habits of Wealthy Fit Pros

There's a famous quote that says, "We are what we repeatedly do. Excellence, then, is not an act, but a habit." Depending on where you look it was either Aristotle, Will Durant, or me. Lol We all know that the habits we do each day, over time, make who we are. For the most part, you can look at the habits someone does each day and determine where they will wind up. This is true for every area including relationships, faith, fitness, and of course, finances. Today's podcast is all about wealth-building habits. None of us are perfect so we can all improve on one or more of these. I encourage you to listen and determine which one is the most important one for you to take action on. I'd love for you to reach out and let me know so I can support you! *Thanks to podcast listener, client, and friend Jonathan, for sharing an article that inspired this content. Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy Here are some important links. Fitness Profits Book a 15 Minute Q&A With Billy 14 Signs You'll Become a Millionaire One Day
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Nov 15, 2022 • 22min

141. The Surprising Way to Make a Fortune

Jim Rohn said, "Learn to work harder on yourself than you do on your job. If you work hard on your job you'll make a living, if you work hard on yourself you'll make a fortune. Today, we're diving into the nuts and bolts of that. Most people are focused on the wrong things when it comes to making money. Rather than focusing on making money, I think we'd be better served focusing on becoming the type of person who makes the amount of money we want. A powerful question we can ask ourselves is, "Who do I need to become in order to be the person I want to be?" We're not just talking about money. We can also make a "fortune" in our relationships and every other area. Specifically, I share how to: Grow From the Inside Out Be Passionate Master Money Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy Here are some important links. Fitness Profits Book a 15 Minute Q&A With Billy
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Nov 8, 2022 • 28min

140. Running to Financial Independence - An Interview with David Ward

David Ward blogs at www.runnersfi.com. He has a fascinating story that I know you'll be better for listening. I had him on the show to share how he transformed both his fitness and his finances. We talked about some really timely topics. Some economists out of Harvard and MIT recently published an article suggesting younger people shouldn't invest. Dave shares his opinion on the research. The impact of interest rates on the housing market is another topic that has many people confused. We talk about the impact of the interest rates as well as the psychology of money. Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy Here are some important links. Fitness Profits Book a 15 Minute Q&A With Billy www.RunnersFI.com
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Nov 1, 2022 • 26min

139. How to Handle Money During a Recession

Since today is my birthday, I wanted to give you a gift! Lol Check out my advice on what to do with your money during a recession. Are we in a recession? Should we spend money or save it? What should we buy and what should we invest in? All of these questions and more are answered in today's show. Enjoy the show and as always, thanks for tuning in! By the way, be sure to connect with me on Instagram! Listen and grow! Your Financial Coach, Billy P.S. If you'd like to set up a short chat to share what you have going on and to see if I can help, do that here.
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Oct 25, 2022 • 25min

138. 6 Steps to Becoming a Sales Machine

Piggybacking off last week, today we are diving into the actual sales process. Many people overcomplicate sales whereas I prefer to keep it simple. In today's show, I share a 6 step formula that has been responsible for an obscene amount of sales over the years. Listen in and see what you can implement immediately into your sales process. Sometimes a slight tweak can result in a gigantic leap! If you are interested in taking advantage of the amazing special (10/26 - 10/28), you can get access to the entire Small Fitness Facility with the investment of a Discovery Session ($249). Don't buy it now but here is a link so you can see the original Small Fitness Facility sales page (It was $500). https://yj297.isrefer.com/go/sfs/bh/ Here is a link to register for a Discovery Session (0/26-10/28) to receive the SFF for free. https://yfmcscheduling.as.me/Discovery-Session As a reminder, the Discovery Session is where you walk away with a complete plan for your moolah. Your Financial Coach, Billy P.S. If you are interested in taking advantage of the amazing special (10/26 - 10/28), you can get access to the entire Small Fitness Facility with the investment of a Discovery Session ($249). Don't buy it now but here is a link so you can see the original Small Fitness Facility sales page (It was $500). https://yj297.isrefer.com/go/sfs/bh/ Here is a link to register for a Discovery Session (0/26-10/28) to receive the SFF for free. https://yfmcscheduling.as.me/Discovery-Session
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Oct 18, 2022 • 22min

137. $49,522 in Sales in 30 Days

Cash can flow two ways, in or out. As a financial coach, I often talk about the importance of watching the out outflow. People are surprised when I tell them that when we started clawing my way out of 130K in non-mortgage debt, we were making less money than when I got into it (A solid 6-figure income). For many people, this is a crucial step. We want to make sure that the money going out is actually going where we want it to. With that said, there comes a time when we want to focus on what's coming in. When you combine a high income with a solid plan, you can do anything (almost). In today's show, I walk you step-by step how we recently made $49.522 in sales with a very small studio. Listen in and see if you can take any gems away. If you are interested in taking advantage of the amazing special (10/26 - 10/28), you can get access to the entire Small Fitness Facility with the investment of a Discovery Session ($249). Don't buy it now but here is a link so you can see the original Small Fitness Facility sales page (It was $500). https://yj297.isrefer.com/go/sfs/bh/ Here is a link to register for a Discovery Session (0/26-10/28) to receive the SFF for free. https://yfmcscheduling.as.me/Discovery-Session As a reminder, the Discovery Session is where you walk away with a complete plan for your moolah. Your Financial Coach, Billy P.S. If you are interested in taking advantage of the amazing special (10/26 - 10/28), you can get access to the entire Small Fitness Facility with the investment of a Discovery Session ($249). Don't buy it now but here is a link so you can see the original Small Fitness Facility sales page (It was $500). https://yj297.isrefer.com/go/sfs/bh/ Here is a link to register for a Discovery Session (0/26-10/28) to receive the SFF for free. https://yfmcscheduling.as.me/Discovery-Session

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