The Business Growth Podcast with Kevin Miller

Selling for over $50 Million Dollars, after a foray into 24 / 7 gyms aged 65 Years Old with Bob Cheek

July 26, 2022 Kevin Miller
The Business Growth Podcast with Kevin Miller
Selling for over $50 Million Dollars, after a foray into 24 / 7 gyms aged 65 Years Old with Bob Cheek
Show Notes

Bob Cheek is a former politician, published author and successful businessman. At 65 years old, when most people are looking towards retirement Bob found himself running a small local gym at a loss. On a whim and desperate for change he booked himself a flight to the US after identifying an opportunity in a fitness magazine. Fast forward 8 years, Zap fitness and the 24/7 gym concept was introduced in Tasmania. 37 Gyms, 30,000 members and a business eventually sold for over $50 Million dollars, that opportunity worked out. This is an awesome chat with Bob as he shares his journey with humour and honesty. We discuss why you are never too old to reinvent yourself and the hurdles he faced getting his new venture off the ground. There are also some great insights  into the 24 / 7 gym concept, an unheard concept at the time and one which faced stiff resistance from local government in Tassie. If you are considering change, at a crossroads in your career or looking for some inspiration to take the next step, Bob shares some valuable lessons from real world experience. Enjoy 😊

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