Built To Grow

This episode is all about something that touches all of us – the economy. And it doesn't matter where you are in the world; the economy is creating ripples that affect everyone, everywhere.While official figures may report inflation rates of 7-8%, the numbers we see on price tags suggest a much bigger increase.Take the humble pack of rice, which has more than doubled in price in just four months. So we can't pretend it is just a 7% problem when we're spending twice as much on the same groceries.This trend of climbing prices isn’t limited to just groceries; it spans across interest rates, the housing market, the service sector, dining out, fuel – the list goes on. The bottom line is that our financial situation is much worse than it was a decade ago as the buying power of the dollar erodes.Gym owners, like other entrepreneurs, are dealing with increasing costs and the pressing need to raise employee wages. To stay afloat, they will need to find ways to boost revenue and reduce expenses.Similar to t