The Your Fitness Money Coach Podcast motivates and teaches you to increase your profits, build wealth, and achieve your dreams while doing what you love. Billy Hofacker is your host and has over 20 years of in the trenches fitness business experience. He is the creator of the Financial Freedom For Health and Fit Pros course. Discover how you can organize your finances, pay down debt, and become financially free so you can achieve all you were destined to be. You’ll hear stories of Fit Pros like you crushing it with their business and finances, interviews with world class fitness business and financial experts, and get tons of motivation and actionable info.
#254: Are you feeling like you’re behind or not where you want to be in your fitness business or personal life? You’re not alone. In today’s episode, I’m here to remind you that progress isn’t always linear and that challenges are part of the journey.
We’ll explore how to shift your mindset, embrace small wins, and find your unique path forward. Plus, I’ll share my own story of overcoming setbacks and why I believe you...
#253: Feeling overwhelmed by your business finances? In this bite-sized episode, I’m sharing three simple and actionable steps you can take today to gain financial clarity in your fitness business. These quick fixes will help you organize your expenses, create a money management system, and build the habits you need for long-term success.
What You’ll Learn:
Read more
#252: Slow seasons are a reality for most businesses, including gyms. But what if they could be an opportunity instead of a challenge? In this episode, I’m diving into why gym owners should embrace a “Winter Strategy” to make the most of quieter times. You’ll learn how to see slow seasons as a blessing in disguise, creative winter promotions to keep your clients engaged, and how to prepare your business for tax season ...
#251: What if you could start 2025 with financial momentum instead of stress? In this episode, I’m sharing the three financial habits that I believe can make all the difference for your finances in the new year. These tips are simple, actionable, and proven to work—even if you’re just getting started. Tune in to learn how to:
Get on the same page with your partner ...
#250: The holiday season is here, and it’s one of the most challenging times to stay on top of your finances. But don’t worry—I’ve got you covered! In this episode, we’re diving into three simple, actionable strategies to keep your financial fitness in check while still enjoying everything the season has to offer. You’ll learn how to manage cash flow when holiday spending is high, discover budget-friendly ways to show appreciation ...
#249: As we near the end of 2024, it’s the perfect time to reflect on the journey we’ve taken. In this bite-sized episode, I challenge you to summarize your entire year in just one word. Why one word? Because it cuts through the noise and highlights what truly mattered to you—whether that’s growth, change, resilience, or, in my case, “Plan.”
I’ll share the thinking behind my chosen word, “Plan,” and guide you through a...
#248: As the year comes to a close, I’m reflecting on five powerful lessons that shaped my business, mindset, and overall well-being in 2024. These insights go beyond financial strategies—they’re about building a meaningful life and thriving both personally and professionally.
Key Takeaways:
Enthusiasm Makes Up For A Lot:
When you bring genuine energy ...
#247: Gratitude isn’t just a seasonal gesture—it’s a life-changing practice that can transform your mindset, relationships, and even your business success. In this episode, I reflect on the power of thankfulness and share practical ways to incorporate gratitude into your daily life.
Here’s what you’ll hear:
How gratitude shifts your mindset and strengt...
#246: Scaling your business can be thrilling, but it’s not something to rush into. In this episode, I’m sharing 3 critical steps every fitness professional should take before scaling to ensure sustainable success:
Follow the Wealth Building Plan (WBS): This 8-step guide helps you decide where to put your next dollar for maximum impact.
#245: In this special bonus episode, I’m revealing all the details of my Black Friday offers—designed specifically for gym owners who want to take their finances to the next level. Here’s what we’re covering:
A discount on a powerful mastermind with exclusive bonuses.
A one-time Profit Boo...
#244:
In this episode, we explore how to navigate the financial implications of major life changes, such as having a baby or moving to a new city. Join me as I share practical tips on budgeting, financial planning, and effective communication with your partner to help you thrive during these transitions.
Key Points:
Budgeting for Change
<...#243: In this episode, we tackle the financial challenges that fitness business owners face during slow seasons. Join me as I share practical strategies for assessing your financial situation, generating revenue, and making smart spending decisions to help you navigate these quieter times successfully.
Key Points:
Assessing Your Current Financial Situa...
#242: In this quick episode, I share three must-do tasks to set your fitness business up for a successful new year. By focusing on your finances, tax planning, and goal setting, you’ll make sure you’re ready for what’s next. Tune in for practical, actionable tips to wrap up the year with clarity and confidence.
Key Takeaways:
Review Financial Performan...
#241: In this episode, Billy Hofacker interviews Daniel Meng, a former gym owner who sold his gym for $900K ($950K with interest). Daniel shares his inspiring journey—from his days as a college baseball player to becoming a personal trainer for celebrities like Kenny Chesney and eventually running and selling a successful fitness business.
Topics covered:
#241:In this episode, we explore the often-overlooked topic of how gym owners should compensate themselves. It's not just about taking home a paycheck—it's about creating a strategy that aligns with your personal life goals and sustains your business for the long term. Billy breaks down a practical 4-level system for owner’s compensation, starting small and building up to profit distributions. He also shares key mindset shifts gym ...
#240: In this episode, I sit down with fitness business coach Vince Gabriele, a seasoned expert in the industry with over 20 years of experience. We cover crucial aspects of owning a fitness business, from effective marketing strategies to the importance of being “obsessed” with your customers.
Key Topics Discussed:
#239: In this episode, we dive into the crucial relationship between profit and cash flow for gym owners. As a financial coach and fractional CFO, I share insights on why understanding and managing both aspects is critical for long-term success. Whether you're struggling with cash flow or looking to enhance your profit margins, this episode is packed with valuable tips and strategies you can implement right away.
#238: In this episode of Your Fitness Money Coach Podcast, I’m sharing how public speaking has completely transformed my fitness business—and how it can do the same for you. Whether you’re an entrepreneur looking to grow your business or just want to improve your communication skills, public speaking can open doors you didn’t even know existed.
In this episode, we discuss:
In this episode of the Your Fitness Money Coach Podcast, we dive into one of the biggest challenges fitness professionals face—deciding between short-term wins and long-term success. Whether you're focused on bringing in cash flow right now or investing in something that could pay off in the future, knowing ho...
#237:
Calling Robert Kyasaki blunt is an understatement.
The author of Rich Dad Poor Dad argues that if 100 people were given 10K, only 4 of them would know what to do with it.
In today’s show, I dive into what is suspected would happen with the other 96 and what makes the 4 so different.
I also share a story that I’ve never shared before of how I had a chance to find out what...
'Monster: BTK', the newest installment in the 'Monster' franchise, reveals the true story of the Wichita, Kansas serial killer who murdered at least 10 people between 1974 and 1991. Known by the moniker, BTK – Bind Torture Kill, his notoriety was bolstered by the taunting letters he sent to police, and the chilling phone calls he made to media outlets. BTK's identity was finally revealed in 2005 to the shock of his family, his community, and the world. He was the serial killer next door. From Tenderfoot TV & iHeartPodcasts, this is 'Monster: BTK'.
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.
Listen to 'The Bobby Bones Show' by downloading the daily full replay.
The official podcast of comedian Joe Rogan.
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.