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The Fitness Business Podcast with Erin Dimond and Jordan Dugger

483. The 1 Thing to Work On to Become a Million Dollar CEO

The Fitness Business Podcast with Erin Dimond and Jordan Dugger

Erin Dimond and Jordan Dugger

Health & Fitness, Nutrition, Fitness

4.6667 Ratings

🗓️ 2 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

I (Erin) recently shared a presentation at our Legacy retreat all around what it actually takes to be a 7 figure CEO and wanted to share the highlights and biggest takeaways with you! I'll be honest though, you may not like the answer. If you're willing to face the reality and do what's necessary though, allow this 2 part series to be your starting guide.

 

Time Stamps:

 

(1:26) What A CEO Actually Does

(3:16) Traits vs To Do’s

(5:33) What Needs to Improve Is Your Character

(7:13) What To Expect In The Next Episode

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Transcript

Click on a timestamp to play from that location

0:00.0

running a company is tough. Like I said, everything falls on your shoulders. Every mistake is your

0:06.4

fault. You make every decision. You have to be good at a little bit of everything, the marketing, the

0:11.4

sales, the coaching, the finance, the billing, the HR, the everything. So if you don't focus on

0:18.2

who you are as a person and the pyramid of success that I'll explain in part two

0:23.3

to this episode then you're just really you're always going to struggle.

0:27.9

Yo, welcome back to the fitness podcast. So I recently did a presentation at our legacy event,

0:34.1

which our legacy are all of our earners, or all of the people who have been in

0:37.9

IFCA for a little while. They're all earning, I think they're average, on average they earn.

0:43.8

I don't know, we just ran all the data, but it's like $17,000 a month. These fitness coaches

0:47.8

do, but there's a range, right? Anywhere from 10K months to, I think, average of, there's a seven-figure earner in there.

0:56.3

So 80K months.

0:57.2

Anyway, whatever.

0:58.0

I just did this presentation with them all about how to become a million-dollar CEO.

1:03.1

And so whatever I want to go over in this podcast is there's one thing you need.

1:09.2

There's a secret.

1:10.6

There are usually no secrets in business,

1:13.4

but this is the secret thing that you really need to run an effective million dollar company

1:20.2

or any company in general. So I want to walk you through that. But first, let me break down what

1:25.7

CEO actually does. Because one of the biggest struggles once you

1:29.8

have a team and maybe you have already you've outsourced client fulfillment and you're not all

1:35.6

like in answering check-ins all day and maybe you've started to grow your team and in other ways

1:40.9

you have a VA, you have assistant coaches. And just in general, in business,

...

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