PODCAST

How to Calculate Financial Goals in Your Online Fitness Business

Hey, fitness entrepreneurs!

Setting a financial goal for your business based on pure optimism is a recipe for disaster!

In this episode, you’ll learn the foolproof way for managing your businesses finances and how to really know whether you’re truly earning more than you’re spending.

Unfortunately, a lot of entrepreneurs who’re starting out aren’t aware of the costs that they actually have, therefore, stopping them from unlocking real revenue in their business!

We often speak to coaches that think their business is earning, when in fact it’s not! This is a trap that you must avoid at all costs (pun intended).

Listen to this episode now and learn from our mistakes in order to achieve your financial goals in business sooner!

Episode Highlights:

Introduction [0:00]
We thought we’re making so much, but we’re actually spending more [0:17]
Factors to consider when calculating your earnings [6:13]
Breaking down the numbers to achieve your financial goals [11:04]
Think long-term and develop your skills [17:48]
Importance of mentorship [19:45]
Consistency and predictability [22:46]
How can you trade your money for time? [24:40]
Making data-based decisions [26:53]
Spend money to make money [28:49]

About Our Hosts:

Andrew Gaussen and Andrew Poulton are business marketing and sales analytics experts, respectively, with a passion for creating impactful and profitable online fitness businesses. Together, they are the founders of Hypothyroid Body Transformation, a multiple 7-figure fitness business. They have been helping people conquer hypothyroidism through balanced nutrition and a well-rounded lifestyle since 2017. They also co-founded Systems By Design, an online coaching platform that aims to help fitness professionals grow their business to 7-figures.

Iggy Odighizuwa is also a Co-founder of Systems By Design and is the systems and automation specialist of the company. Iggy’s passion is helping coaches improve the quality and efficiency of their program delivery. He loves getting more done in less time and making what he calls “lazy money”. He is the author of The Ultimate Client Acquisition System. This system was designed to automate the process of attracting ideal clients whilst filtering out the bad fits.