Built To Grow

Some gym owners treat debt like a dirty word.They avoid it at all costs, convinced that cash-only is the only safe path.But here’s the irony: many of those same gym owners call themselves entrepreneurs. And by definition, entrepreneurship requires taking on financial risk.In this episode, Tim and Randy unpack one of the most critical mindset gaps holding gym owners back: the refusal to leverage debt.They share:the opposing financial philosophies of Dave Ramsey and Robert Kiyosaki how risk tolerance shapes business outcomesWhy playing it “safe” might be the riskiest move of allTune in to learn how leveraging debt strategically could be the key to breaking out of survival mode and building a gym that actually gives you freedom.Let’s dive in!Key Takeaways: Intro (00:00)Big changes coming to the podcast (00:28)By definition, an entrepreneur assumes financial risk (01:24)Dave Ramsey vs. Robert Kiyosaki debt philosophies (03:34)Belief in yourself is key to success (07:11)COVID, EIDL loans, and survival through debt