Imagine this: No more early mornings spent hustling clients. No more late nights buried in paperwork. Just the freedom to design your own schedule, pursue your passions, and maybe even squeeze in a midday beach workout. That’s the power of financial freedom for fitness entrepreneurs.
In this episode, we chat with The Wealth Mentor, Jackson Millan, about the specific challenges and opportunities fitness professionals face on the road to financial freedom.
In this Episode, You’ll Learn About…
The Surprising Financial Freedom Number
Have you ever stopped to consider what financial freedom truly means for you? Jackson throws out a benchmark figure that many fitness entrepreneurs might not expect. He’ll explain the factors that influence your financial freedom number and how to create a realistic roadmap to get you there.
Financial Planning For Your Fitness Business
Running a successful fitness business goes beyond just building killer workout routines. Jackson will share practical strategies for taking control of your business finances. From creating a budget that keeps your cash flow healthy to navigating taxes and planning for unexpected expenses, you’ll gain the knowledge and tools to ensure your business is on solid financial footing.
Building Wealth As A Fitness Professional
Many fitness professionals focus solely on generating income through client sessions or gym memberships. But what about building long-term wealth? Jackson will explore strategies for investing your hard-earned income and creating passive income streams that free up your time and energy. This episode will equip you with the knowledge to start thinking beyond the daily hustle and build a secure financial future.
Investing For Fitness Entrepreneurs
The world of investing can seem complex, especially for busy fitness professionals. Jackson will break down investment strategies specifically tailored to fitness entrepreneurs. He’ll consider factors like your risk tolerance, long-term goals, and the unique financial landscape of the fitness industry. By the end of this episode, you’ll have a clearer understanding of how to invest your money wisely and watch your wealth grow.
Achieving Work-Life Balance With Financial Freedom
Wouldn’t it be amazing to finally achieve that elusive work-life balance? Financial security can be the key to unlocking a healthier, happier you. Jackson will discuss how achieving financial freedom can empower you to take control of your time, prioritize your well-being, and truly live the life you design.
Ready to ditch the grind and build a life of freedom on your own terms? Tune in to this episode and discover the financial planning strategies that can help you achieve your fitness entrepreneur dreams.
🎧 Listen here:
Our favourite quotable moments:
“For the vast majority of business owners… they will need at least $4 million in investment assets in order to be financially free.” – Jackson Millan
“It’s about understanding how you are intrinsically wired as an individual to build wealth and to manage money.” – Jackson Millan
“Most business owners do not see getting on top of their finances and building wealth as a ‘now’ problem. They believe that there are other, more important priorities, which is not to say that they’re not important, but it’s to say that these things can be done in conjunction.” – Jackson Millan
Resources:
Instagram – Coach Dan Henderson
Facebook – Coach Dan Henderson
About Jackson:
Jackson Millan, also known as The Wealth Mentor is an award winning entrepreneur and wealth coach. He is the author of the international best selling book ‘Enjoy The Journey: Creating Wealth & Living The Life You Desire’ that has been featured on best seller lists in 8 countries across 15 categories. Jackson has spent the last 12 years dominating the wealth and business strategy space having worked with over 1,000 clients to help them build over $1.2b in combined wealth. Jackson has personally scaled multiple 7 figure businesses and has helped many of his clients do the same.
About Dan:
Dan Henderson, founder of Fitness Profit, is a coach and business consultant who helps fitness owners achieve more freedom, impact, and income. With over a decade of experience in the industry, Dan is a well-respected leader, owning two successful businesses within the space: Momentum 360 gym and Australia’s largest fitness conference, Filex. As a published author and entrepreneur, Dan shares his knowledge on the Profit Made Simple podcast, where he interviews industry experts and offers practical advice for growing your fitness business, building your brand, and achieving your goals. Join Dan each week and take your fitness business to new heights with Profit Made Simple.
Disclaimer: This podcast episode provides general information and is not financial advice. Consult with a licensed financial advisor before making any decisions.
