Listen to “#571 How the Cofounder of Anytime Fitness Built 4,000 Locations” on Spreaker.
On this episode of The Small Business Radio Show…
SEGMENT 1, starting at 0:00: One thing that we are all working on is how to become better leaders. Unless we can lead our team, we will never get the leverage to build a big and profitable company. My next guest, Chuck Runyon, Cofounder of Anytime Fitness, is here to share how he built a company that has over 4000 franchise locations in over 50 countries across seven continents. If you prefer to read the transcript of Chuck Runyon’s segment, click here.
SEGMENT 2, starting at 20:20: 50-70% of small businesses still don’t have a website! Why? Many say they are intimidated by the process or don’t need a website because they get business mainly through referrals. Here to show you how easy it is to build a website, and why it is so critical for small businesses to have one, is Jay Christensen, VP at Hostway.
SEGMENT 3, starting at 37:20: Over my 30 years in small business, I have found that most owners don’t have the financial habits to be successful with their company. Money strategist and business coach Matt Baker is here to share the seven financial habits of the most successful small business owners so you can learn which habits you need to adopt.
Sponsored by Nextiva, LinkedIn, vCita and Blue Summit Supplies
More on each segment below.
Segment 1: Chuck Runyon is the Co-founder of Anytime Fitness – an alternative to big-box gyms which typically feature expensive “frills” that few members actually use or need. In contrast, Chuck and his partner designed smaller, neighborhood clubs featuring the things members want most: convenience, affordability, quality equipment and surprisingly personable service in friendly, non-intimidating facilities. Chuck is the co-author of the new book “Love Work: Inspire a high-performing work culture at the center of people, purpose, profits and play”.
1:30 – Where did the idea for Anytime Fitness come from? What need does it fill in the?
5:30 – What’s the difference between franchisees who have 1 location and franchisees who have 500 locations?
6:30 – Why you MUST get in tune with your emotions if you are going to be a successful entrepreneur and leader.
8:30 – All leaders need feedback. But where should they seek feedback from?
10:30 – Good leaders are not afraid to be vulnerable with their employees. Why? How vulnerable do they need to be?
14:15 – Seventy-nine percent of employees quit due to a lack of appreciation from their leaders. What can leaders do to get better at this?
15:30 – How do we measure our growth as leaders?
Read the transcript of Chuck Runyon’s segment here
Segment 2: Jay Christensen is the Vice President of Business Development and Sales at Hostway.
20:45 – What is the origin story of Hostway? How has it evolved over its many years in business?
23:45 – What holds small businesses back from having their own domain name and website?
26:15 – Why is it critical for small businesses to have a website?
27:45 – What is the key to having a good website? What factors contribute to showing up on Google?
29:15 – Are .com websites still better than other extensions?
31:30 – How should small businesses approach digital marketing?
Segment 3: Matt Baker is a money strategist and business coach who is passionate about helping entrepreneurs solve their most challenging problems. As VP of Corporate Development and International at FreshBooks, Matt is helping millions of self-employed professionals grow their businesses and get paid faster.
37:20 – Why do so many small business owners lack good financial habits?
40:45 – What financial habits do small business owners need to practice if they want to be successful?
47:30 – Where should people start in reviewing their finances if they don’t really understand what their financial statements are telling them?
Sponsored by Nextiva, LinkedIn, vCita and Blue Summit Supplies
