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The Foundr Podcast with Nathan Chan

295: How 12RND Fitness Founder Tim West Beat His Competitors to the Punch

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 25 March 2020

⏱️ 55 minutes

🧾️ Download transcript

Summary

Believe it or not, there are many parallels between the world of boxing and the world of entrepreneurship. Tim West is familiar with both. As the founder of the fastest-growing global boxing franchise, 12RND Fitness, West has had his feet squarely planted in both realms for many years. He started his journey working in brick-and-mortar fitness centers before jumping into tech entrepreneurship, and eventually launched 12RND Fitness in 2014, which quickly exploded across Australia and is now expanding globally. In fact, West is in the process of opening up their first locations in New Zealand, Singapore, London, and Los Angeles this year. In this interview, West dives deep into his thoughts on the franchising model, his biggest lessons from working in tech, and his approach to overcoming obstacles. Check out the full conversation below! Key Takeaways How West worked his way up the rungs of the fitness ladder—from aspiring professional athlete to strength and conditioning coach Why he jumped at the opportunity to open up one of the first franchises for Jetts Fitness, the first 24-hour gym in Australia West’s first foray into tech, and the most important lessons he picked up along the way Why West decided to return to brick-and-mortar fitness, and how he came up with the MVP for 12RND Fitness How West pressure-tested his business model across Australia The reason West tested his business for two whole years before opening up to franchisees A sneak peek into West’s data-driven approach to working with franchisees Why West is grateful for his struggles

Transcript

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0:00.0

This is episode number 295 with Tim West of the Founder Podcast.

0:07.1

What you need is thirst.

0:08.9

You need to be a thirsty human.

0:10.9

Who is intent on learning.

0:12.9

It's a really fascinating exploration of human potential.

0:18.8

The Founder Podcast.

0:21.8

Even the greatest entrepreneurs had help.

0:24.7

If you want to learn from the most successful founders on the planet, you are in the right place.

0:30.4

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Humpington, Steve Case, Gary V.

0:34.9

Sophia Amoroso, Barbara Corcoran, Damon John.

0:37.5

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.0

This is not your average entrepreneur podcast.

0:45.8

The Founder Podcast.

0:52.7

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let

0:58.8

you know that our goal at founder is to help entrepreneurs succeed however we can by giving

1:04.4

away high quality content in the form of interviews, blog posts, podcasts, YouTube videos,

1:10.6

you name it. We put out so much content to help you.

1:13.7

And another interesting project that we're working on right now is partnering with world-class

1:18.6

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.6

skills like negotiation, finance, e-commerce and so much more.

1:30.8

So if you'd like to get access to these free trainings with founders like this, which is

1:36.3

100% free, just go to founder.com forward slash free.

...

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