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The Best Ever CRE Show

JF1183: How Relationships Are The Driving Force Behind Crunch Fitness’ Success With Founder And CEO Ben Midgley

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7996 Ratings

🗓️ 28 November 2017

⏱️ 37 minutes

🧾️ Download transcript

Summary

Rather than have 400 owners and 800 franchises, Ben envisions having 40 owners and 800 franchises. He says that relationships are the key to any business, and the better your relationships are, the better you will do. Crunch fitness has a strong emphasis on building communities with owners, staff, and club members. Hear how Ben has been able to grow Crunch Fitness into the fastest growing gym chain in the country. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “You’ve gotta have people behind the scenes, looking over your shoulder” - Ben Midgley   Ben Midgley Background: -Founder and CEO of Crunch Fitness Franchise, the fastest growing gym chain in the country -Crunch has recently reached over 1 million members and has more than 225 open locations -2010 to started franchise arm of Crunch Fitness, then coming out of bankruptcy. -Never graduated college, started cleaning machines at Gold’s Gym -Still works out in his basement, treats his franchisees like family (he knows the names of all their kids) and loves to serve his community -Began his journey to fitness entrepreneurship when he realized he wanted to get healthy -Crunch clubs are growing at a 77% compound annual growth rate & member growth 42% -Say hi to him at crunch.com     Made Possible Because of Our Best Ever Sponsors:   Fund That Flip provides short-term fix and flip loans to experienced investors. If you're looking for a reliable funding partner, their online platform makes the entire process super easy, and they can get you funded in as few as 7 days. They've also partnered with best-selling author, J Scott to provide Bestever listeners a free chapter from his new book on negotiating real estate. If you'd like to improve your bestever negotiating skills, visit www.fundthatflip.com/bestever to download your free negotiating guide today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

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0:11.0

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0:23.0

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0:27.0

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0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-G-O-G-O-G-O-G-G-O-G-O-GO-G-G-T-G-O-T Promo Code 100 Best Ever to get $100 off your ticket.

1:05.0

Get a clearer picture of what's going on.

1:06.5

Make sure you talk to all parties.

1:07.7

Make sure you look at things from all the different angles.

1:10.0

Then proceed to make the right decision.

1:12.2

I know that's not specific best advice lesson ever,

1:17.1

but you can apply it to pretty much anything.

1:19.2

Best ever listeners before we get into today's episode, are you looking for some financing, maybe some more money

1:26.6

to do your Fix and Flip projects?

1:29.0

Are you looking to grow your Fix and Flip business?

1:32.2

Well, guess what? Got a solution for you? It's Fun That Flip. You know Fun That Flip. Matt

1:36.6

Rodac, the founder of Fun That Flip, has been on the show multiple times. He's a friend of mine and they love working with the best ever listeners.

1:44.6

They provide short-term fix and flip loans to experienced investors.

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