7 Habits of Wealthy Fit Pros
by Billy Hofacker │June 4, 2024
7 Habits of Wealthy Fit Pros
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In 1996, a book came out that forever changed the world of personal finance.
I was only 16 years old but a couple of years later, I became certified as a personal trainer through the ISSA.
My first mentor was the owner of the neighborhood gym where EVERYONE worked out their chest on Monday. Frank Rossi had been owning and operating the All Natural Gym and took me under his wing.
I remember members complaining that the equipment was too old and he needed to upgrade.
He didn’t let it phase him as he had a plan based on the numbers when he would upgrade.
I was curious then and thought it would be really cool to own a gym one day.
Frank advised me to “save my pennies” and read The Millionaire Next Door by Thomas Stanley.
I saved some pennies but neglected to read the book for decades. I wonder how different things would have been had I read it.
Years later I not only read TMND but I read almost all of Stanley’s books.
In The Millionaire Mind, he studied the mindsets and attitudes of very wealthy people. A disproportionally large percentage of those he studied were entrepreneurs.
7 traits were identified as contributing factors to their wild economic success.
In this episode, we dive into the 7 traits and what they mean to us as fitness professionals.
While there is no guarantee of success, it leaves clues and if we do more of the things that are associated with success, our chances are higher.
Getting up earlier was NOT one of the factors that made a difference. This is contrary to what a lot of people say.
Enjoy listening to the factors that did contribute and better yet, rate yourself in those factors.
Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram!
Listen and grow!
Your Financial Coach,
Billy
P.S. If you or someone you know is looking for a plan to dial in their finances and achieve some financial freedom, book a short call with me here!
P.P.S. You can book a call at that same link if you are interested in getting your financials dialed in and efficient with bookkeeping.
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