Скачать или смотреть Episode 14 - Billy Hofacker: Financial Foundations for Coaches

In this episode of the Coaches Unscripted podcast, host Trey Belcher and Coach Corey Smallwood welcome Billy Hofacker, author of 'Fitness Profits' and host of the 'Your Fitness Money Coach Podcast'. The conversation delves into Billy's personal journey from being in significant debt to achieving financial freedom and helping others do the same. They discuss the importance of financial literacy for fitness professionals, the role of coaches and mentors, and the significance of building a support system. The episode emphasizes the need for personal accountability, recognizing red flags in business, and the balance between passion and skill in one's work. Billy shares actionable insights for coaches and gym owners on managing finances and the importance of having a clear financial identity.


00:00 Introduction to Fitness Profits and Personal Journey


05:18 Overcoming Debt and Financial Turnaround


10:03 Navigating Business Challenges and COVID-19 Impact


15:16 Finding Passion vs. Skill in Work


20:07 Red Flags in Business and Financial Management


24:58 The Importance of Coaching and Community


26:13 The Importance of Support Systems


31:04 Financial Foundations for Coaches


34:43 Navigating Business Structures and Legalities


38:43 The Necessity of Financial Awareness


42:58 Building a Financial Identity


46:13 Future Endeavors and Community Engagement