
Looking to build a business that not only thrives but also makes a meaningful impact? Want to know how to narrow your niche and connect directly with your ideal clients? Curious about turning challenges into the driving force behind entrepreneurial success?
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Tiffany
I'm Tiffany, founder of Harlem Pilates. When I couldn't find Pilates in my neighborhood, I started a studio from my studio apartment. Chase Inc. Helped me grow from one Pilates studio to three. Because when you start small, you're going to need some big help.
Chase Inc.
With the Chase Inc. Business Cash card, you can earn up to 5% cash back on business essentials so your business can go from here to possible Chase for business.
Andy Morgan
Make more. What's yours?
Chase Inc.
Real business owner compensated for their participation. Cards issued by JPMorgan Chase bank and a member FDIC subject to credit approval. Terms apply. Does it ever feel like you're a marketing professional just speaking into the void? Well, with LinkedIn ads, you can know you're reaching the right decision makers. You can even target buyers by job title, industry, company seniority skills. Wait, did I say job title yet? Get started today and see how you can avoid the void and reach the right buyers with LinkedIn ads. We'll even give you a $100 credit on your next campaign. Get started@LinkedIn.com results. Terms and conditions apply.
Omar Zenhom
Welcome back to the $100 MBA Show. I'm your host, Omar Zenholm and today's episode is a special one, an extended interview with Andy Morgan, the founder of RipBody.com and he's going to be teaching you how to create a highly successful niche business. Many entrepreneurs, when they get started, they are afraid to niche down. They're afraid to say, hey, I'm not for everybody. I'm for specifically this group. They don't want to turn away customers. They feel like, oh, if I niche down, then I'm going to say no to business. I need all the business I can get right. Well, Andy Morgan is a prime example of how niching down your business helps you tremendously. We're going to break down how he started his business, how he decided to only focus on a certain group of people and how you can do the same. Now, who is Andy Morgan? Well, Andy Morgan is the founder of RipBody.com he is a nutrition and training coach and an author. But he's more than that. He is a founder of an incredible movement that started out of Japan. He is originally from Birmingham, UK, but has been in Japan for 19 years and actually shot this interview in Japan live. So you're going to get a glimpse of an incredible interview style that we've tried. I hope you enjoy it. If you're listening to this interview on the podcast, check out our YouTube channel and just search the $100Bi on YouTube and you'll find us. And Andy Morgan's interview is really well done. It's really, really nice to see it' and you're going to really love it. So Andy's going to show us why he niched down and I'm going to show you why I was so excited to have him on the show because when I went to his website, rippedbody.com I read the copy on the website. I highly encourage you to do the same. He's very, very specific about who he serves. He only helps busy people, entrepreneurs get healthy now, not any busy entrepreneurs, specifically people that have tried other things, are already acquainted with the gym, know how to lift weights. Right. Are willing to out x amount of days. You really should see the qualifications he puts before you even try to apply to be part of his program. He also has a very special type of program where there are no calls because people that are busy don't have time for calls. So he's actually helping people out by not having calls and doing it over email. There's a whole lot more we discussed. You're going to absolutely love this conversation with Andy Morgan, so let's jump right into that conversation. Andy Morgan, the founder of RipBody.com Andy Morgan.
Tiffany
Awesome to see you, man, and to have you on the show.
Andy Morgan
It's nice to have you in my house.
Tiffany
Yes.
Andy Morgan
Thank you for coming. Thank you for inviting me up.
Tiffany
Well, any excuse to come to Japan. I mean, Japan's beautiful and you've been here for nearly 20 years.
Andy Morgan
Yeah, man, it's been. I'm now in my 19th year in Japan. Originally, of course, I came for a year. That's how it typically works. And we're now on 18 and a.
Tiffany
Half, so, yeah, we have that in common. You and I both, from a young age, decided to move abroad. For me, I went to Dubai for a decade, same as you. I went to teach English and started my professional career abroad. And we'll talk about some of the benefits of that and how that informs our business later on. But tell me about what motivated you to leave Birmingham and to make such a huge leap. I always say Japan is like the closest thing to go to another planet.
Andy Morgan
Well, yeah. Have you seen Peaky Blinders?
Tiffany
Yeah.
Andy Morgan
Yeah. So you understand Birmingham's a bit of a rough place, so I needed to get out of there. No, just jokes aside. Actually, that's kind of true. Okay. So when I was coming up to graduate, I didn't know what I wanted to do. I'd studied banking, economics and finance and I quote, unquote, knew that I was supposed to get a job in the big four accountancy firms at the time. And I remember I'd just come back from three months of traveling around, backpacking around Southeast Asia. And so I'm now in my final year of university and everyone's applying for jobs. I'm going through the PricewaterhouseCoopers online application form, and it crashed on me a second time. Because, you know, this is 2005, right? And it's because I took too long trying to answer this one question is, why do you want to work here? And I didn't have an answer because I didn't. I didn't know.
Tiffany
You're just kind of going through the motions. This is what you're supposed to do.
Andy Morgan
Exactly right. Because I was doing economics, banking, and finance at university. Because when I was 16, someone put a piece of paper in front of me and said, okay, now choose your university course. That is, choose your life. And I didn't know what I wanted to do. I mean, who does when they're 16? But I was good at math, I was all right at physics. I enjoyed economics. Turned out I wasn't very good at it, but hey. And so I thought, okay, well, economics, but how about economics with a bit of other stuff, more mathy stuff. So economics, banking and finance was a degree offered. So I decided to go for that. But it comes up to graduation. I knew that that wasn't something I was interested in, or rather, the small amount of options that have been presented to me.
Tiffany
Right.
Andy Morgan
Did not seem appealing. Karate was a hobby. And so I thought, you know what? I've traveled around Asia. I'd spent three months in India the year before that doing volunteer work. And that was amazing. And I thought, you know what? Asia's interesting. Karate is a hobby. Why not go to Japan, teach English for a year, do karate, and then I'll come home and I worry about getting a quote, unquote, real job.
Tiffany
Then I love that this kind of path, because this is a common thread I see with a lot of entrepreneurs where they expand their surface area so luck and opportunities can happen. And it's very hard if you just stay in your same town all your life for that to happen. And just merely by just saying, hey, let me go somewhere else, let me try something else and go there and try a different path than what I'm set out to do. You have a chance to kind of explore new things. And obviously you expanded beyond teaching English and learning karate. But I want to talk about the karate a little bit. You Shared a story with me one time in dinner, why you got into karate. Can you share that story?
Andy Morgan
So that was kind of harking back to my comment about the Peaky Blinders. I was unlucky. So the place where I went to school was a place called Aston in Birmingham, inner city area. It was a selective school. It was a grammar school. That means if you take the exam and you were in the top 96 students who took the exam that year, this is when you're 11 years old, then you get to enter that school. And I was one of those people. But it was in a rough area. Now, it wasn't a rough area 120 years before when it opened, but it was now a rough area. So I was used to watching my back, getting from the bus to the school gates and back to the bus. Right. But I wasn't used to it in my hometown, certain Coldfield, which was a bit nicer, a little bit more afferent. And I was about 15. I was with five other friends. We are three guys, three girls. The 107 bus. I'm getting specific here because anyone who knows the area will know this bus. They'll know the areas I'm talking about, and they'll probably have a smile on their face. The 107 bus comes around the corner, and I know exactly where that comes from and what areas that serves. And there's a gang of kids that pile off for the bus, and they're about the same age.
Tiffany
Yeah. How old are you at this time?
Andy Morgan
I'm about 15.
Tiffany
Okay.
Andy Morgan
They pile off the bus. One of them kicks out the back window of the top of the upper deck and jumps out of it. And so I turn around to my friend Matt, and I'm like, matt, it's gonna be okay. Just don't look over. We're fine. Ignore them. He immediately looks over, which obviously invites the what the are you looking at? Comment. And then it just escalates from there. Basically, they just wanted to fight. They were drugged up or drunk up, and they were looking to cause a rampage. Anyway, I ended up with a glass bottle around my head, which, you know, is fine. There's no major damage caused physically, but it left me with a great deal of shame because I ran away from my friends and I left them. Thankfully, they were fine. Pete got a bottle around the head as well and needed stitches as well. But, you know, the girls were fine, guys were all fine. But it left me with a great deal of shame. And I thought, never again. And I was invited to Karate by my piano teacher at the time. And I started going to karate and then I Going to the gym about a year after that when I'd got a job at Tesco Supermarket at the time. And then I could afford a gym membership. And the strategy behind that was look like less of a. An easy target by not being. Because I'm 6, 2, 6 3. By not being so skinny so that I look like such easy pickings, really, because I was just a bobbing chin waiting to be punched. For certain people, you know, you're using the.
Tiffany
The old club strategy. Remember the club they used to put on the wheel of the car so people don't steal it. We had that in the States. Basically it was like this metal bar. You go on the wheel. And basically the idea was, that's too much work. I'll go to another car. The thief would just go to another car that didn't have the club.
Andy Morgan
Right, right, right.
Tiffany
So you basically clubbed up. You just made sure. Okay. I'm, you know, just not an easy target. It's interesting that you mentioned this and. Because obviously this is your life. You know, you're in the fitness industry. Your whole business is about getting.
Andy Morgan
It shook me up, man.
Tiffany
Yeah.
Andy Morgan
I'll tell you. Right. Right now I've had an adrenaline dump because it's taking me back to that moment. And that shame. That's. That that's real.
Tiffany
Totally.
Andy Morgan
I still feel that, and I felt it for years. And I tell you, that's one thing that's nice about Japan. You don't have to watch your back.
Tiffany
Yeah. Almost a false sense of security here, you know?
Andy Morgan
Yeah.
Tiffany
Where it's hard to kind of travel outside of here. Yeah. I mean, it's tough to be in an area where you feel like you can't just be safe all the time. But in a way, I do feel those hardships has helped you along the way. Because sometimes when you go through that hard, it's like, okay, I've been through that. I can get through other things. I always say that. You know, one of the things I love about business is that you're. You're guaranteed to fail at something. Right. And that's really. It just. It's like, it's a way to build a muscle. As you know, in fitness, it's like the only you can build the muscles is that you test it and you push it. And if you don't, if you're not pushed, we can all be comfortable and sit in our homes and get cozy jobs. But that's why I love about the journey of entrepreneurship, and that kind of leads me to where I want to go next is like, okay, you go to Japan and you're teaching English. How long was the English part of your career?
Andy Morgan
I was doing it for six years.
Tiffany
Six years.
Andy Morgan
I was originally at a private language school. It was called Nova, and that was great, but it was in the evenings because that's when people had time to do English lessons. But I wanted my evenings back to train. So I found a job at high school. I got a contract eventually with the Osaka Board of Education, and I worked at high schools for five years. And that was. That was fun. That was great. That gave me lots of time between lessons and outside of school to train. I got into aikido. I joked that I was trying to turn myself into Jason Bourne.
Tiffany
Yeah, I can see that.
Andy Morgan
And it was fun. It was good times. It also gave me time to learn Japanese as well. But it wasn't scratching this entrepreneurial itch that I always had. But I didn't have that fancy word for but I'd always had it since I was a kid. Like, even at elementary school or primary school, we'd say in the uk, I had a bit of that. That entrepreneurial kind of streak in me.
Tiffany
Did you have any influences in your life, like an uncle or an aunt or somebody who kind of showed you, oh, this is possible?
Andy Morgan
You know, My dad had his own business. It was what most people would think of as a corner shop, although it wasn't on a corner, it was in a row of shops. It was a small video rental store and wines and spirits and beers store.
Tiffany
Yeah.
Andy Morgan
And we'll call that an off license in the uk. So he was running his own business. It's not that my dad taught me about business, but that was clearly an option.
Tiffany
Yeah, that's actually a big thing. A lot of people, they don't see that as an option. Most of their, you know, family has a job or a career and a career path and at least you saw, like, the ups and downs of business. Yeah, my dad was in sales, so I always say, like, you know, one summer we're having, you know, a holiday in Disney World, the next summer it's a backyard.
Andy Morgan
It's funny you say that.
Tiffany
Yeah.
Andy Morgan
We had one foreign holiday as a family and it was when I was 8 years old and it was to Disney World. And that was amazing. I still remember that holiday, man.
Tiffany
Yeah, yeah, yeah. So that's good that you actually had some exposure. So you were teaching English in Japan. Did you start to build your business on the side. Was it fitness at first or was it something else?
Andy Morgan
Yeah. Decided to build my business on the side. Or rather a year before I went independent from teaching English, about a year and a half before, I said to myself, I want to have my own business. I am going to figure this out. So this would have been 2010, and I think someone had just slipped a copy of what book do you think I'm gonna say Bridget.
Tiffany
Poor Dad.
Andy Morgan
No, no, no, no.
Tiffany
Influence and influence people.
Andy Morgan
There's a certain number of hours in a week.
Tiffany
Oh, four hour work week.
Andy Morgan
Four hour work week, yeah. Someone slipped a copy of the Four Hour Workweek into my hand. And so I had that. And I think I took Ramit's 1K.
Tiffany
Yeah, of course. On the side, or whatever it was called.
Andy Morgan
Yeah, yeah, yeah. And either that or I was exposed to his writing online. And this brought me into this world of, I don't know, create a business on the Internet.
Tiffany
It's very early 2010. I remember there's not a lot out there.
Andy Morgan
No, no, no.
Tiffany
It was like, you know, it's good that you found Ramit because remit was like the 1%. The rest of the 99% were what we would call Internet marketers. Scammers, Schwarmer. Schwarmy people. Like, you know, and. Yeah, it's interesting that you go back there and I'm thinking, oh, my God, there were so many different kinds of Internet business kind of things that we at the time didn't understand how to filter. But I think today there's a plethora of knowledge, so that's great.
Andy Morgan
I do feel lucky for the people that I found early on, because I do now, through the path of experience, I can pick out the scammy people, but without that, I wouldn't know. It's like through my experience in the fitness industry, I can pick out very easily the charlatans. But if you're not in the industry, it's very hard to know.
Tiffany
We had this conversation where I was like, oh, I didn't. I didn't have no idea. Yeah, yeah, exactly.
Andy Morgan
Yeah. So I had read that book. I had either read an article or taken Ramit's course and I was like, okay, step one, list up different businesses. Of course it's not going to be a T shirt business, but what about baby clothes in Japan? Custom built. Right. For people to have their whatever they want on there. Right. Or different things. List it up, list it up, list it up, list it up. One of those things that and this, I was trying to do it with a friend, Chris, who lived in Osaka. We used to go for a jog a few times a week. He wasn't that serious about it. He wasn't following through on a few things. One of the items on my list was become a personal trainer, but market myself as higher end. Because I can speak English, I have access to better information than the average Japanese person. That's because of the language barrier and the information gap that exists in Japan because of that. Because the language of science is in English, of course. So there's a, there's an information gap here and certainly was even greater at the time. So I thought I could, you know, combine, okay, English language, personal training lessons from someone who really knows their stuff. And I thought, okay, that's something I can go with. And then I started, I thought to myself, okay, well, I've been exposed to the idea of the Internet, right. And that we could have a business through the Internet. So I thought, well, I can have a WordPress website and that can be my online business card. Right, right. Why would I want to have my face on a wall in a gym?
Tiffany
Yeah.
Andy Morgan
And people are just looking.
Tiffany
It still exists, by the way. Oh, yeah, this still happens.
Andy Morgan
Yeah, yeah, yeah, yeah. And I get it, right? You're a personal trainer in a gym and it's a great way to get experience. And I'm not knocking these people at all. However, I'm not gonna stand out from the other people on the wall if I don't have something else where they can get deeper access to my stuff. Going to be one of those cards on a wall in a gym. Then how about I have at least a website link so that people can read, people can get to know me, you can see what I'm about, and then maybe they can consider hiring me and I work with a few people in person. But I very soon had an inquiry. Andy, do you do online coaching?
Tiffany
Right.
Andy Morgan
And yeah, things just went from there.
Tiffany
That was like I do now.
Andy Morgan
It was. So the guy was called Phil, he was from San Francisco. You know, God bless the Bay Area people because they're, you know, straight on things. And he said in the comments on one of my articles, okay, so my strategy was there's a language barrier in the. Because of the language barrier, there's an information gap. How can I help address this and also make myself stand out as a good personal trainer, as someone who knows what they're doing? So I'm going to take articles from English, have them translated into Japanese, but I wanted to make summaries of quite complicated articles topics. So I did that in English. I then had them translated into Japanese and I would put them on my WordPress blog that was in two languages. It looked absolutely horrible. If you want to go to the Wayback Machine, I think if you type in Wayback Machine, type in rippedbody jp it was JP at the time. And then have a look. I think the first one is July 2011 and see what it looks like. It's an absolute joke. However, a fellow called Phil from San Francisco, he said, andy, love your content. Do you do online coaching? And I was like, phil, may I send you an email about this? And he's like, yeah, absolutely. I send him an email. Phil, my 12 week package is $899, includes this, this, this, this and this. What do you say? And he's like, great, how do I pay? So now I'm googling how to pay.
Tiffany
I'm like, oh, how do I charge this guy?
Andy Morgan
How do I pay? Right, how to get money in Japan from America. Because that was not a simple thing, right?
Tiffany
Yes.
Andy Morgan
So you're go your average Japanese.
Tiffany
This is before Stripe. This is for PayPal.
Andy Morgan
So PayPal was there and PayPal is what it did. Yeah, I created a. And he paid me there. And so that was the start. And then I talked about on the blog how I was working with Phil and how I was helping him out. And then I created a coaching page. I think it was consultations. I called it at that time and I said, okay, this is an offer, this is what I do. And then people would apply and I just kept on writing articles. And I was writing articles at that time in a niche. I was writing about Martin Birkin's Lean Gain.
Tiffany
Okay.
Andy Morgan
People wanted more information about that. I was very interested in that. This was basically breakfast skipping, plus the idea of lifting heavy just a few times a week to failure. Reverse pyramid training it was called. So I was writing simplified articles based on that with Martin's permission. And people ended up coming to me for coaching. And I was clear, you know, I can't, I can't do what Martin does. People still wanted that. And then, you know, I've kind of grown in to be my own man. But it was very much I chased down a niche and that's what led to the business.
Chase Inc.
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Tiffany
And we're back, folks.
Chase Inc.
It looks like Jim from sales just got in from his client lunch, and he's got receipts.
Tiffany
His next meeting is in two minutes. The team is asking, can he get through his expenses in that time? He's going for it. Is that his phone? He's snapping a pic. He's texting around.
Chase Inc.
Jim is fast, but this is unheard of.
Tiffany
That's it. He's done it.
Chase Inc.
It's unbelievable.
Tiffany
On ramp expenses are faster than ever.
Omar Zenhom
Just submit them with a text.
Tiffany
Switch your business to ramp.com.
Andy Morgan
I also want to credit a book. It's called Trust Agents by Julian Smith and Chris Brogan. I don't know if you've heard of that.
Tiffany
Yeah, yeah. Chris Brogan, OG Amazing human being. Yeah.
Andy Morgan
Okay.
Tiffany
And I've learned so much about how to be humble in the face of all the success that he's had. And one of my favorite stories of Chris Brogan is, you know, we're at this big conference, and he's speaking on stage, and then after he gets off stage, people rushing to kind of talk to him and ask questions. And he answered every single question. Super patient, even though I know he's exhausted coming from his flight, and he's on stage for the last 90 minutes and all that kind of stuff. But he stood out because the other speakers would speak goodbye, leave, wouldn't go to the dinners, wouldn't hang out with the attendees. But in that moment, I didn't go to ask him anything or take a picture or anything like that. I was just watching from afar and realizing, this guy knows that these people that are asking him questions and wanting selfies, these people pay his bills, these people follow his content, you know, watch his videos. And he just was incredibly humble, despite the fact, you know, he's a Wall Street Journal bestseller and amazing success. And I got to spend some time with him at a. It was actually a podcasting cruise conference. So we're in a cruise, we're trapped in a boat, and you can't get away. Yeah. For six days. But I got to know him, and I was just like, you're the. Like, you are that good of a person. And. Yeah. So shout out to Chris Brogan. Amazing guy. Yeah.
Andy Morgan
That book, in a nutshell for me was the idea of creating in your content this one of us feeling and what they mean by that. The way I took it is I'm no better than you, Omar. I've just got a little more experience in this area of nutrition and training. I've been through a lot of the pitfalls that you may have already fallen into or maybe about to fall into. Let me help you. Let me help you. I'm not your teacher. You don't have to call me sensei. Just let me help you.
Tiffany
A few steps ahead of you.
Andy Morgan
Yeah. And I'm also. I'm part of the community. And so that really resonated with me. And I tried to take this approach to my writing because the other influences I had at the time, they tended to write. And it was writing back then, but it tended to write in a bit of a condescending way to people and I didn't like that. I did catch myself getting that way certain times and I'm glad I did, but it just didn't feel right to me because it's not congruent with my personality generally.
Tiffany
So I want to get back to the website in a moment, but before, because I'm. I'm a sales page, sales copy junkie. And my first impressions when I saw your website. But before we jump into that, you are building your business on the side while you're teaching. Are you putting nights and weekends. How long was that transition? What was that? What did that look like?
Andy Morgan
Sure. Website. It was just a WordPress.com site at the start that started, I believe, in May. I went over to WordPress.org so I could have my own domain and do some more customizations in June or July. I think it was July when I had the jp I'd bought that and then I had my first customer that August. Or it might have been the end of that July.
Tiffany
Still on a job at this point.
Andy Morgan
I'm still. Yeah, I'm still teaching that. My contract is April to April. That's the Japanese school year. So I've got Phil, that's $800. That was probably that July. And then started talking about it. I think I made maybe $3,000 in August. Then maybe it was this is going to be thereabouts. So maybe $3,000 that August. Then September, I think it was something like $12,000. Then October it was $8,000. And I was like, ah, here we go.
Tiffany
All right.
Andy Morgan
So, you know, it was nice while it lasted, right Then November, it was something like $19,000. December, maybe 24 and then that's January surpassing your salary. Yes. Oh, yes. Because I was earning, I think $2,000. Ye. In my English teaching salary. 2,500, depending on the exchange rate at the time. And then that January, it was, I think 35 grand.
Tiffany
Okay.
Andy Morgan
And I was working all the hours because I was like, oh my God.
Tiffany
Yeah.
Andy Morgan
And a friend said to me, andy, this is Disneyland. You do right by what is in your heart and you treat people well, but like, make hay while the sun shines, brother. Because you don't know how long this is going to carry on. He didn't say brother because he's Scottish. But you know, I'm a jester. I'm influenced by my American audience here. And yeah, I just worked hard since then. It got to a point where it was end of January and now I had a decision to make. Am I going to recontract with the school or am I going to dive in? And I decided to dive in.
Tiffany
Okay.
Andy Morgan
And I was thinking of quitting my job. This is before I had a business completely before. And just diving in with two feet. That was in April. And the teacher who sat opposite me, he said to me, andy, how about you've got lots of time. How about you just get your business going first and then you quit?
Tiffany
Very Japanese conservative, right? Yeah.
Andy Morgan
But that was great advice. And the reason that he said that is because that way you won't feel pressured to do something that you perhaps don't want to necessarily do or is not working.
Tiffany
Yeah.
Andy Morgan
And that also allowed me to do things that allowed me to operate from a place that I thought from a non scammy place.
Tiffany
Totally. I'm a big believer in being financially comfortable as much as possible when you're making business decisions because being desperate is a very bad place to be where you're trying to pay rent and you might cut some corners where you normally wouldn't. What I mean, cut by corners is maybe appeal or sell products that you wouldn't normally because you know you need to survive.
Andy Morgan
Yeah.
Tiffany
So that's definitely a good move.
Andy Morgan
I want to just dig in on that a little bit. There's a friend of mine, Greg Nuckles, he runs a fantastic website called strongerbyscience.com he said to me, this is probably 2015. He said, Andy, it's all very well, you feeling good. He wasn't this harsh about it. He's never mean or pointy in his thoughts. But he said, look, it's easy to have the moral high ground when you're not worried about how you're going to feed your family next month.
Tiffany
Totally.
Andy Morgan
Right. And that made me think and it kind of took me down a peg and just. Or made me. A lot of my brand is about fighting against the BS in the industry. Right. And feeling a real sense of rage at people that push all these pills and potions that people don't need. I just find it really frustrating. I still do to this day, but it gave me a, another way of another perspective on this.
Tiffany
Yeah.
Andy Morgan
And that was valuable.
Tiffany
I'll be honest with you. I went through a period early on when I was a full time entrepreneur. Nicole and I were in New York. It was rough. It was very rough. Luckily we didn't sell things we don't believe in or do it. But because we kind of stood our ground and said no, just keep the course. Let's continue to do gig work, freelance work until the hundred dollar MBA took off and all that kind of stuff. But I would never want to go back to that stage because it's really tough because every decision you make is really difficult. It's not an easy like yes or no or like of course I'm not gonna do that because this is my brand or this is, this is what I believe in. When you have, you know, more month than what you have money left over, it's kind of tough. You know, it's like, you know, maybe I need to even forget about, sell weird things on the Internet. But maybe I should take a part time job. Maybe I should, you know, take a part time break from this dream of mine so I can pay the bills. Luckily we were just, just a little bit away from that and we're able to kind of hang in there and make it happen. And today we're much happier that we stuck to our guns. But I really empathize with people that do take that leap. That's why we always talk about, you know, like you said, side hustling a little bit, get some traction. A lot of people feel like, well, I believe in my idea, I believe in myself. I'm going to bet on myself. It can't fail because of my dream. One of the things that I want to ask you about and discuss is a lot of people understand that sometimes in business it's not just about you, it's about the market that you could put something out and it just won't work. You know, like that's has nothing to do, no bearing on your ability to be good at what you do. What are some things that kind of failed with Ripbody when You first got started where you start experimenting that just the market said no, don't like it.
Andy Morgan
Yeah. So we tried to do. I said that the website was originally in two languages and you'll notice that the domain was jp it's now ripbody.com and ripped does not translate what is ripped.
Tiffany
Right.
Andy Morgan
It means torn. Right. Torn body. What? Yeah. So we needed to choose another domain. So we bought another domain. It's athlete body.
Tiffany
Okay.
Andy Morgan
That works in Japanese. Athlete is asolito. So now we've separated it. It's two different language websites. And I tried to match the same business model onto the Japanese market and that didn't work. Now I was fortunate that I had enough money from English language coaching sales to cover the costs of the Japanese website, which was at that time the full time salary of Ken, who was working for then and is still working for me now. He's amazing. His job was to translate either articles of mine or articles that we had ask permission to translate and put out in Japanese for free. That was his job full time. And I did that and I carried on doing that for I think it was four years before we made enough money, before we were making enough money consistently month on month to cover his salary. And then when we got to a point where I felt that we could, I then took on a full time professional coach, Naoto. And he's been coaching for us for I think six years now. And now we've got one more coach on the Japanese side. So that's a freed up Ken to work on other projects like book translations. Yeah. Now Kosei and Naoto, they're doing the coaching in Japan. But yeah, we did not have product market fit. We were too early for Japan. For Japan, yes. Even the Australians, the English, we are far less inclined to hire a coach generally and certainly to hire a coach online.
Tiffany
Okay.
Andy Morgan
It seems to me that the Americans are far more open to getting coached. It's almost like where I'm from anyway. I don't want to speak for everyone from England, but if you need to reach out for help, that's a weakness. Why aren't you figuring this out yourself? That plus general frugality. Now of course this isn't everyone in England, but that just. There's a difference there.
Tiffany
Yeah. And I didn't extravagant kind of thing.
Andy Morgan
And I was lucky they had the money on the English website.
Tiffany
Right.
Andy Morgan
And the reason that I carried on in Japan because I thought it was the right thing to do and it was the right thing to do. I didn't think it was the right thing to do. It was the right thing to do because I turned around to people and I'd said, I want to translate your work. I'm going to put this out, I'm going to see if we can make a difference in Japan. And I wanted to keep my word. And also I felt a tinge of guilt that I was making money from online coaching that came from a place of I would ask people if I could translate their work. And then I was making. I had attention in English from my summary articles that I didn't feel that I deserved. So there's a great deal of imposter syndrome. And I felt I needed to do this to feel morally right.
Tiffany
The balance skills. Yeah. So where is the Japan side of the business now?
Andy Morgan
Yeah. So we've got two coaches. We have.
Tiffany
Is it online or.
Andy Morgan
Yes, all online. We've translated Starting Strengths, which is a very popular book on lifting. Barbell lifting. We made that a best seller. But Starting Strength was already fairly well known. We made my two books, the Muscle and Strength Pyramids that I co authored with Eric Helms and Andrea Valdez, we made them into Amazon bestsellers. They're kind of considered in Japan to be the bibles for nutrition and training and for more serious trainees and among coaches. So that's fantastic. So the website has a lot of respect when we put stuff out, people listen. It's almost to the point where. No, it is at the point where if someone's in an Internet argument with someone, they'll say, no, you're wrong because athlete body says right and I'll drop a link which, you know, with. What is the phrase? With great responsibility comes great responsibility. What's the phrase?
Tiffany
Is it with great. With great, like gifts, with great power comes great responsibility.
Andy Morgan
Right.
Tiffany
I have no time for Spider man.
Andy Morgan
And so I think it was Batman. But, you know, maybe we're both wrong.
Tiffany
I don't know.
Andy Morgan
This is a really nice position to be in. But it's also, you know, there's pressure on us. We want to get things right, but that's kind of where the business is. And then in terms of money. So revenue for that website is. So it comes from books and coaching in US dollars. I'm not entirely sure, but maybe about a quarter of a mil and then ripbody still does better. The good thing about these businesses is that it's mostly digital products or digital services.
Tiffany
So great margins.
Andy Morgan
The margins are good, yes. That's not to say it's not work. It time for money. But the margins are Good. Yeah.
Tiffany
And in terms of your team, because that's part of the margins. How big is your team right now?
Andy Morgan
So it's myself and Matt. We coach on the English language website, and on the Japanese website, it's Kosei and Naoto, and they're doing the coaching, and then Naoto and Ken are doing the article creation.
Tiffany
Okay. So it's pretty lean. I mean, that's great. Because one of the things that can happen very easily when you start making revenue is, you know, you try to grow faster, to hire fast, and you start building out a team and you start maybe having too much redundancy. Did you get to that point or did you hire slowly?
Andy Morgan
I was very slow. I was very much of the mindset that I need to do all of this myself. I was forced to hire for the Japanese side of things because my Japanese just wasn't up to it. But it took me a long time before I even thought of hiring my first coach. And that was a mistake that I made because I had the mistaken belief that people just wanted me because it was my name on the articles. And I was the main. I was the face of the business. But actually it was a friend, Ben jawalski. He runs wadprep.com, which is another fitness business. It's courses for crossfitters, pain points, really good stuff. And he basically called me out on my nonsense there. And he said, no, Andy, like, they trust you, and, yeah, they'd love to have you, but if you have said that someone is a really good coach, then they're gonna trust in that. And my business is proof of that. So shush yourself and get on with it.
Tiffany
Right.
Andy Morgan
And then I had another friend who also said exactly the same thing.
Tiffany
Yeah.
Andy Morgan
So I was like, okay. And that's when I started to explore.
Tiffany
Love it. I got to know you in 2020, prior to my visit to Japan. We were introduced by a mutual friend, Jordan Harbinger, from the Jordan Harbinger Show. Great podcast. And he sent me, like, your website, and I like to do a little research about people before I get to meet them. And. And I just fell in love with your website. I was like, I love the way this is laid out, the way it's communicating to people. I don't know if maybe it's communicating to me because I'm like your ideal client, because I'm a busy entrepreneur, really prioritizes my health and my fitness and all that kind of stuff, but one of the things I noticed about your website is you clearly state like you Literally state, I am for this type of person. I am not for this type of person. Some of the things you say on your website is like, if you've never worked out on your own or you don't know how to use weights in gym, I can't help you. If you are not willing to work out X amount of days a week, I'm not for you. If you're not willing to be coached by email and not even use your phone, use your laptop. Because your phone is not a really thoughtful way to respond to emails. I just thought, wow, this is like a masterclass at niching because there's so many people out there doing fitness. There's so many people doing fitness for entrepreneurs. There's so many. Like, I know them personally, they're friends of mine in Australia and all that kind of stuff. Stuff. But I just really immediately thought, okay, this guy obviously didn't start out with this kind of niching, but he is definitely attracting people that will be successful. How did you get to that point where you were like, okay, this is my niche. How did you kind of filter down to this point and not be afraid to kind of say, I will be most successful this type of client?
Andy Morgan
Yeah. So there's a great deal of luck in my business. I saw I was very lucky from the start. My intention was to help people in Japan and become a personal trainer here in Japan in person. But someone called Phil asked me in the comments, do you do online coaching? And I was like, oh, Well, I know three other people that do online coaching. Alan Aragon, Lyle MacDonald and Martin Burkin. Wonderful. I mean, that's a thing. I'm sure I could figure that out. And then I was lucky because I had people that were interested in my service and I had a lot of people. And so I was able to say no because there was always somebody else that I could work with.
Tiffany
Yeah, you almost had to say no.
Andy Morgan
I either had to say no or I had to have a very long wait list. And I've ended up with both at different times. And yeah, I should have hired another coach at that point, but I was an absolute. I didn't know that was possible. And so I saw the patterns in what types of people got good results and what types of people were easy to work with. And so I niched down for that. And what ended up happening was I got better and better results with that subset of people. And that subset of people, when they're reading my website, it spoke to them more. And it was a virtuous cycle. Also I'll tell you, there was fear driving this as well. It was, what if I do a bad job with someone and they talk ill of me online?
Tiffany
Which can easily happen.
Andy Morgan
Easily.
Tiffany
Yeah.
Andy Morgan
I think if you type in Andy Morgan ripped body coaching review, Reddit, then you'll see one, one post like from 2016 or something, which I don't think it was a client, actually. It was just someone asking like, how is he?
Tiffany
And then, you know, know somebody had given an opinion.
Andy Morgan
And so there was also a fear there because I felt that reputation is very fragile and stuff in Google stays around forever.
Tiffany
Yeah.
Andy Morgan
And so I wanted to do a really good job there. And so I just gradually niched down and down and down and down. And the more I niched, the more it spoke to people in my niche. And so the more those people wanted to come to me and the more people kind of self filtered before the application stage. So then I'd end up with even more people who were appropriate for the coaching that were applying. So I wasn't turning down many people because I've been very clear from the start who I do work with and who I don't.
Tiffany
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Tiffany
I remember saying to myself when I was going through your website, I was like, this guy's like the Harvard of fitness. Because like Harvard, they do everything they can to make sure they find successful people so that they can take credit for their success later. So they can say, oh, you know, Mark Zuckerberg went to Harvard or whatever, or he didn't go to Harvard. Did he go Harvard? Yeah, he went to Harvard. Yeah. But the point is, is that like you are increasing your likelihood of success by choosing somebody who's one serious, you know, who's willing to do what you're asking to, has some experience, kind of tried a few Things failed, fed up, willing to pay to solve this. Three is aware they have a problem because they're reading your copy and they're like, okay, let me sign up for this or apply to be coached. And I think that is like the trifecta of a really good offer for people to be like, okay, I am attracting a certain type of person that has certain needs, certain problems. When you are going through your clients, when you're going through, you know, helping out your hired coaches, do you kind of see the same archetype of person coming through like maybe, you know, had a bunch of fitness failures or you know, maybe can't get their health in order because they're too busy with work. What are some of the common challenges these people are having?
Andy Morgan
Well, challenges and archetype, they're two different things. But like the journey that they've been on is usually very similar because look, if you're just starting out in fitness, then pretty much anything that you do is going to get you a result because you have no training stimulus right now. And so anything that you do is going to lead to a training stimulus and it's going to start changing your body. And then you get to a point you're like, ah, this isn't working anymore.
Tiffany
Your body is very adaptable.
Andy Morgan
Right, I need to drill a little bit deeper. And then you will get Men's Fitness magazine or Men's Fitness or Men's Health on the website and then you will get a program off of there and that will work for some time, then it will stop working and then your program hop and then you'll probably go and buy some supplements and then the supplements won't work, but you'll be broker. And then you'll try some other fad thing and then you'll try some other like, like fatty diet that didn't work or maybe worked for a little while and then, but you didn't actually feel very good doing it and now you're like, ah, damn, what's up with me? There's something wrong with me, I have a problem. And then people will quit at each of these stages or they'll carry on and go to the next thing. And by the time someone's come to my website, they're prepared to read anywhere between a thousand to ten thousand word article solving a specific pain point, like how to adjust your calories while you are in a bulking phase so that you don't get overly fat, how to adjust your calories and your macronutrients, your carbs, protein and fats Right. By the time someone's prepared to read that, they've already been on a bit of a journey because they realize they know the value in that information. And so anyone who's, who's looking for gimmicks or looking for a quick fix, they're just not going to come. So these are my people.
Tiffany
Yeah.
Andy Morgan
And the coaching page is technically a sales page, but it has none of the typical marketer sales page elements where you're trying to get people to buy, buy, buy. Like it was a, like it were a digital product, for example. Right. It's like, look, this isn't for everyone. And I don't feel guilty about that. I used to, but I, I don't feel guilty about that. This is for a very specific subset of people and if you are not one of them, that's okay because the entire website is free. If you have a question, ask me in the comments. I answer every single day, excluding weekends. And there's over 20,000 there answered. I am here for you. However, if you want to be a client, this is who I serve. This is who we know how to serve. This is how I do things. If you feel you need something else, I can't serve you. If you need me to on video call, I'm not your guy. Yeah, I'm sure there's someone else out there, but if you feel you genuinely need that, then you should go and find that person because that's not me. So I'm very specific in what I say I do. And people are either on board with that or they're not. And that's. I think people respect that.
Tiffany
Yeah. Yeah. And I want to get into your business model in a second. But for those who are listening, this is gold because you can now take this example and you can think of your own business and think, okay, what is the journey my ideal client has been through? What are some of the things, the challenges they've had? What are things they've tried already and failed? So that you can use that language, that kind of story building in your copy, in your sales letters, in your videos, in your emails so that you can speak directly to who you want to attract. And you could be like, hey, have you tried this, this, this, this? And you're frustrated. Then you may want to take a look at this article and this article leads to a call to action. And, and this is brilliant for anybody who's starting out and doesn't really know who. This whole idea of like, who's my avatar and who do I choose? And Things like that, well, finding out what they're going through, their pain points and if you talk to them in that language, you'll be able to attract those people that are suffering from those problems. So really appreciate you sharing that because it makes a huge difference for people that are kind of in the. I'll just serve everybody. So I don't, I cover all my bases. You know I love your coaching model, your business model because it's very streamlined. Most people that do online coaching, whether it's fitness or business or whatever life coaching, they do the model of alright guys, sign up. You're gonna pay $10,000 a year, you're gonna have a weekly call and then you know you can WhatsApp me whenever you want. And you go through some modules on my videos inside my members area. And that's kind of the model of online coaching.
Andy Morgan
Nightmare man.
Tiffany
Yeah. So we're gonna talk about why you don't do that and from a practical point of view as an entrepreneur, but your model is totally, I don't wanna say totally, but mostly email based so. Meaning that they send you an email and you reply to this email on a weekly basis. Is that what it is?
Andy Morgan
Every two weeks clients will check in. I have experimented with every four and every week. Every two weeks is a sweet spot. Every two weeks is obviously better from the entrepreneur, from the business perspective than everyone one because then you can almost get double the customers. But practically I don't think that having check ins every week is a good thing for an online fitness coach. Certainly for the subgroup of people that I'm working with, they already know how to train and they're busy. And they are busy. It is a service. If you can get it down to a succinct email and spreadsheet attachment or link to their data that is good for them. And the fact that it is async, they don't have to put something in their calendar to have a video call with me. Again for this type of person that is a bonus and obviously a lot of flexibility in my schedule. So yes, it's every two weeks. It's an email. They will check in by midnight on Saturday wherever they are and I will answer on Monday, wherever I am. And the reason for that is that let's say that time zones are switched. They're in Asia, I'm in America. I know that I always need my Monday, especially my Monday morning to be free. And that's just my constraint, that's my life constraint. And clients check in like every other week.
Tiffany
So talk about your workflow. Are you answering emails all day or all week? What does that look like?
Andy Morgan
Okay, so there are two types of emails that I'm managing. There are the check in emails and then there are the application emails. Application emails are somebody and you can go to rippbody.com coaching and you can have a look at that. I've got the steps laid out there if you would like. They enter in a form that they're interested. I reply, just say, hey, are you a bot? Just reply saying, why you want this? Just to help me make sure. If they're not, I'll send a quick loom video reply saying, hey, Omar.
Tiffany
Yep.
Andy Morgan
Thanks for your interest. Below in the email you'll see some questions and I look forward to seeing how we can help. I've said that thousands and thousands of times. Right Now I've got 18 questions in there. This will help me dig in. And I say to them, look, don't be on your phone, be focused when you're doing this because this is going to form the base of the plan if we do move forward and work together. And then I will then reply with probably the most detailed email that they've ever seen. Right?
Tiffany
Yeah.
Andy Morgan
Telling them where I think they're at, what they need to do, what I think they're doing. Well, what we should change moving forward, how long things are going to take.
Tiffany
Yeah.
Andy Morgan
I might need to pluck out some nonsense that I think they've swallowed. I don't have to do that that often. And then I send that email over and at the end of that email I say, look, let me know if this sounds good. If so, I'll send over pricing and coaching information. Now, the pricing range is already on the website. 500 to $800 a month. Right. But the specifics of what that is is not said. So most people, you know, I'm getting them into, they, yeah, I want to find out, I want them to agree. So they're saying, yes, please send over pricing information. Great. I don't want too many questions at that point because I've already prepared all the questions that I know they're going to ask because I've done this thousands of times at this point, right? Pricing email, boom. Another email that's templated.
Tiffany
Yep.
Andy Morgan
Right. That's another template.
Tiffany
Like a text expander shortcut you got there.
Andy Morgan
Exactly. Yeah. I use the Superhuman email app which has that built in, but the other one is handcrafted. Of course, the pricing information doesn't need to be and no one expects that to be it's not a bad thing. And then they're like, how does this sound?
Tiffany
Right.
Andy Morgan
If great. Which option would you like? Is it Matt for email only or Matt for email plus a little loom video along with the email? Or is it me for email or me for video and email? Those are the four options.
Tiffany
That's it.
Andy Morgan
And then the next is disclaimers and a few more questions and then we move on into the coaching. In that first week, they can email me at any time. I will answer. And then moving forward, it's every two weeks, they check in with an email with some set questions that I want them to answer and a spreadsheet link or an attachment with their data, which is quite detailed. And then they send that on a Saturday. By midnight Monday, I will answer them, yes. Then they will either say, yep, got it, no problems, or they will ask me any clarifying questions. So then Tuesday, I know I have to be on my email, but pretty much by Wednesday, I've got little to do, coaching wise.
Tiffany
Yeah.
Andy Morgan
And so that. That's my worst case.
Tiffany
That's pretty good. Yeah, that's pretty good. I mean, I've known you for some time. We holidayed together a couple times. You're very good at systems. I appreciate that because Nicole and I are very big on sop, standard operating procedures. And I'm sure you've built a lot of systems in your business to free yourself up so you don't have to think about this every single time it comes on your plate. So this is huge. For those who are thinking of coaching, thinking of doing any kind of agency business, consulting business, your business is as strong as your systems. And, you know, I mentioned this in a previous episode. One of the things that really gave Webinar Ninja value when we exited was our systems. It's like, this is so easy to kind of hand over because there was like, oh, you guys have laid it out perfectly for us. We can take over and make it happen. One of the other things I remember vividly in my nine and a half years of building Webinar Ninja was I was motivated to be really good at business and to run a great business and be successful as a CEO of this business because I ran the podcast, the Hunter ombay Show.
Andy Morgan
Right. So you're in the spotlight, right?
Tiffany
Yeah.
Andy Morgan
They're going to want to know, how is your actual business?
Tiffany
Exactly. So I was really motivated to actually be great at entrepreneurship as much as I could because I wanted to be credible and I wanted to make sure that I wasn't being Hypocritical when I gave advice or when I shared my stories on the podcast. What about you? When it comes to fitness, do you feel the pressure to be in shape, to be as healthy as possible? And are you conscious of that in a social setting?
Andy Morgan
Even so, my Instagram handle is andyritbody, and I have to joke with people, and it is just a work account, but I say, look, it's a brand, not a description. Because it is a brand. It isn't a description. I am not ripped right now. My abs are blurry. I'm certainly not in as good shape as many of my clients. And that's okay. You know why? Because they're not buying me.
Tiffany
Yeah.
Andy Morgan
They're buying what I can do for the clients. Right. The goal is to be happy with where you're at and no longer insecure with your physique. The goal is to be comfortable in your own skin and to find the balance between the sacrifices that you need to make to be in a certain shape versus living your life. And I'm comfortable with the balance that I'm in right now. Now, of course, I'm gonna go to the gym.
Tiffany
You look great, man. What are you talking about?
Andy Morgan
Well, I'm gonna go to the gym. I kind of have to go to the gym. And I have to stay in shape, but I would want to anyway because it allows me to do the activities that I want in my life.
Tiffany
Right.
Andy Morgan
But when I look at some of my peers, like a good buddy of mine, this is an extreme example, but Mike Tushir. I wake up this morning, I flick on Instagram, and he shared in his stories that he's just pulled a 900. This is down near £2,000. In his latest comeback meet for powerlifting. This is in the Masters. Like, he's a legend. A lot of my friends in the industry are in tremendous stupid shape, and that could have driven me crazy if I wasn't careful and piled a lot of pressure on. But I've tried to avoid that because very early on, I realized that if I make the business about me, then if I, God forbid, you know, I have an accident.
Tiffany
Yeah, right.
Andy Morgan
And I can't. I don't know what kind of accident this would be, but I can't stay in shape anymore. Well, then I don't have a business anymore if it's all based on how I look. So I don't have a business that is just selfies, right? Yeah, There aren't any. You can't see any.
Tiffany
I don't think I've ever seen a picture of you online without your shirt.
Andy Morgan
There is, like, from ages ago.
Tiffany
Yeah, but you're not answering questions on Instagram with your shirt off.
Andy Morgan
No, no, no, no. Because it's. It's all about what I can do for the customer.
Tiffany
Yeah, right.
Andy Morgan
Michael Jordan, right? He wasn't asking his coach, like, well, show me, like, what you can do. No, like, it's not.
Tiffany
I mean, even in your world, I was sharing with you that I downloaded Arnold Schwarzenegger's new app, the pump app, whatever. And he's not in anywhere the shape he was when he's Mr. Olympia. But it's about what he knows and what he's accomplished. And, you know, same goes with you. What you know, what you've accomplished and who you helped all these years. How many people you've helped all these years. Years. So that's why people come to you. So it's not, you know, people respect Arnold and you in the space because what you bring to the table, what you can do for other people. I was just trying to find a way to put you and Arnold in the same sentence.
Andy Morgan
I appreciate that.
Tiffany
Okay, you're good now. Was he a hero of yours growing up? He was a huge hero of mine.
Andy Morgan
Arnold, he's amazing.
Tiffany
I know he's amazing.
Andy Morgan
He's been in all the best films, of course.
Tiffany
Yeah.
Andy Morgan
It was just that era, right? The 80s, 90s. He's an absolute legend. I didn't know. I didn't look at him, though, and think, I want to build my body and look like that because it was just so far from where I was at. I didn't.
Tiffany
Maybe Frank Zane.
Andy Morgan
Yeah, there we go. Yeah.
Tiffany
For those who follow bodybuilding. Yeah. Great stuff. I want to kind of wrap up with a few, you know, personal questions. When it comes to your business, you've optimized it to a certain point right now for you, as the founder of RippedBody and the first coach, the main coach, what do you want to do with the business for the next five years? Is this a business you want to exit? Is this a business that you want to keep forever because it's been so good to you? Is it a business that you want to hand over to somebody else or none of the above?
Andy Morgan
Yeah. So I have no intention of exiting. I consider it my baby. Well, you know what? You considered webinar ninja your baby.
Tiffany
Yeah, I put everything into it.
Andy Morgan
I have no intention of exiting. I like what I do. I still love my Mondays. Today's a Monday. I'm still after this interview Excited to get back and answer the rest of the client emails that I have. I guess when the time comes where that doesn't fill me excitement anymore, then that may, that is the time where I need to hire other coaches to replace me and maybe think of exiting the business. But I think that no, I don't think we are a good thing in the industry. And I do have an opportunity to help a lot of people, not just those that we work with, not just those that we coach, but to be a website where people can come and they can have all of the information on how we get the results that we do out there for free. And I want to keep that resource there so that if my 19 year old self were to stumble across it, I would have everything that I needed. Now, whether I'd read it and trust it. Right. That's another thing. Right. Because I might not see the value in this level of detail, but I wouldn't want that to disappear. And so remaining in control is the only way. If someone was to throw, I don't know, what was your exit recently? 1 billion, 2 billion? If someone was to throw that at me, I might think twice.
Tiffany
Yeah. And just to wrap up, I want to ask you this question because I've known you for some time and I. And you've been in business for quite some time. What has entrepreneurship given you as a person, as a human being?
Andy Morgan
As Andy Morgan, the first thing I thought of was friends. Yeah, yeah, good friends. Josh, Nicole. Yeah, right.
Tiffany
Good people. Yeah, yeah.
Andy Morgan
Just really interesting people all over the world.
Tiffany
Yeah.
Andy Morgan
And Amy, my clients as well. They're amazing. Like, they're so interesting, like, and come from all walks of life. Like, I just feel super lucky and inspired to be a part of the community. And I do feel that it's a community. It's wonderful. I can't imagine doing anything else.
Tiffany
Yeah, I couldn't agree more. I really feel privileged that we get to hang around with people that are. Everybody we know is like chasing a dream, is trying to get better, is trying to improve despite all their successes, despite the fact that they've been doing this for 10, 20 years. It's just to be around those kind of people all the time. Not only do you get better, but also you get to see, you know, where this ends up. Like, you know, I like to talk to people that have been in business for longer than I was, you know, 20, 30, 40 years and be like, okay, this is what I can look forward to, somebody who's making 10 times as much as I am. Working a fraction of the time I am. Okay, how do I get there? Well, how did that person do? I'm going to talk to this person, figure out, out, you know, and it's just like you don't have access to these people if you're not in the same career, if you're not doing the same thing.
Andy Morgan
Right?
Tiffany
Yeah. And I love that. I love that. Andy, thank you so much for taking the time. We're going to have some extra content for those who are inside the members area, inside the hundred dollar mba. But love, love talking to you, love hanging out with you. And I want to congratulate you on the business that you built, the people that you've impacted over the years. I can't really think of a better gift than great health, like the gift that you give people. That's incredible. So thank you so much, man.
Andy Morgan
Thank you. I appreciate the kind words.
Omar Zenhom
Dynamite conversation with Andy Morgan. Learned a ton, learned a ton just by sitting with him and spending time with him. I've known Andy for a few years now. He's been a close friend of mine. In fact, we were snowboarding together in Hokkaido about a week before that and I broke my fibula. I broke my leg in Japan. And because he speaks Japanese and has been there for 19 years, he helped me tremendously in that week leading up to the interview so that I can actually pull it off because, you know, got me medical attention, he got me a wheelchair to rent, he got me all the things sorted that I needed to get sorted, doctor's appointments, all that kind of stuff. He was super helpful with that. So I want to just give him a shout out, you know, it's good to have friends around the world because they can help you out when you need it, when you're traveling. So. But I was so glad that we got to have that conversation with him. One of my biggest takeaways from Andy is that that he really wanted to create a business that has meaning, that really helped that give back to the Japanese community as well. That has an impact not only in his life financially, but also impact on the people that he serves. So it really allows you to have a sustainable business when you have both. When, yes, it serves you in terms of making you money, but also serves you in terms of having purpose in life and purpose of why you're doing this in the first place. Because the money will get old. I know that sounds very privileged, but the money will get old. You will get bored of making money at some point and you're going to be like well, why am I doing this? Why don't just retire? Well, that purpose, that drive is really going to allow you to make the business sustainable. If you love this episode and you want more amazing lessons on how to build your own business, grow it, scale it, go ahead and subscribe to the $100BA. Whether you're on Apple Podcasts or Spotify or here on YouTube, subscribe to the show so that you can get our next episodes automatically. And also if you're listening to our podcast, by subscribing you get access to over 2,500 business lessons in our archives. You can also check them out over on our website. Ones you can search by category you can search by topic and get all the lessons for free. This is my way giving back of my journey of entrepreneurship. It was tough for me. I want to make it a little easier for you. So thanks so much again for listening and I'll check you in the next one. I'll see you then. Take care.
Chase Inc.
Got a 7am meeting on a Monday day Expensing breakfast because it's in policy.
Omar Zenhom
Yay.
Chase Inc.
Wasting all afternoon submitting an expense report for that breakfast. If your company used Ramp, you could submit expenses with just a text. Yay. Free your team from expense reports today.
Tiffany
Switch your business to ramp.com.
Podcast Summary: The $100 MBA Show | Episode MBA2521 Extended Interview with Andy Morgan
Introduction
In Episode MBA2521 of The $100 MBA Show, host Omar Zenhom conducts an extended interview with Andy Morgan, the founder of RipBody.com. This episode delves deep into Andy's journey of creating a highly successful niche fitness business, exploring his entrepreneurial strategies, challenges, and insights garnered over two decades. Recorded live in Japan, the conversation offers a unique perspective on building a business with minimal resources while maintaining a strong community impact.
Andy Morgan’s Background and Journey
Andy Morgan hails from Birmingham, UK, and has resided in Japan for 19 years. Initially studying banking, economics, and finance, Andy felt unfulfilled by the conventional career paths laid out before him. Reflecting on his early years, Andy shares a pivotal moment during his university days when he struggled with the rigid expectations of securing a traditional job:
"I didn’t know what I wanted to do... I didn’t have an answer because I didn’t." ([05:24])
This uncertainty led him to take a leap of faith, moving to Japan to teach English and pursue his passion for karate. This move not only broadened his horizons but also set the foundation for his entrepreneurial spirit.
Transition to Entrepreneurship
While teaching English in Japan, Andy nurtured his entrepreneurial aspirations. Inspired by Ramit Sethi’s “The 4-Hour Workweek”, he began exploring online business opportunities. His initial idea was to combine his knowledge of fitness and his proficiency in English to bridge the information gap in Japan’s fitness industry. Andy recounts how a simple inquiry from a potential client sparked the inception of RipBody.com:
"I very soon had an inquiry... How do I get money in Japan from America?" ([18:05])
Despite technical challenges, such as setting up international payment methods, Andy's dedication led to his first significant client and the gradual growth of his online coaching business.
Niche Marketing Strategy
One of the cornerstones of Andy’s success is his commitment to niching down his business. He emphasizes the importance of being specific about the target audience to attract clients who are a perfect fit for his services. Reflecting on his website’s targeted approach, Andy explains:
“The more I niched, the more it spoke to people in my niche. And so the more those people wanted to come to me...” ([40:09])
By clearly defining who he serves and who he doesn't, Andy creates a self-filtering mechanism where only the most suitable clients reach out, ensuring higher satisfaction and better results.
Overcoming Business Challenges
Andy candidly discusses the early struggles of achieving product-market fit, especially in the Japanese market where online coaching was less prevalent. He highlights the importance of perseverance and adaptability:
“We did not have product market fit. We were too early for Japan.” ([32:17])
Despite these hurdles, Andy maintained his commitment to delivering value, eventually translating key fitness literature into Japanese and building a reputable presence in the market. His patience and strategic adjustments paid off, leading to substantial revenue growth and the establishment of a dedicated coaching team.
Innovative Coaching Model
Unlike conventional online coaching models that rely heavily on video calls and frequent check-ins, Andy adopted an asynchronous, email-based system. This approach caters to his busy clientele, allowing flexibility and minimizing disruptions. He elaborates on the mechanics of his coaching workflow:
“Every two weeks, clients will check in... I answer on Monday, wherever I am.” ([47:41])
This system not only enhances efficiency but also aligns with the preferences of his niche audience—busy entrepreneurs who value concise, actionable feedback without the need for constant scheduling.
Building a Sustainable Business with Purpose
Andy emphasizes the significance of creating a business that transcends financial gains, focusing on meaningful impact and community building. He draws inspiration from Julian Smith and Chris Brogan's “Trust Agents”, advocating for humility and genuine support in his interactions:
“I'm no better than you, Omar... Let me help you.” ([21:50])
This philosophy fosters trust and loyalty among his clients, reinforcing RipBody.com’s reputation as a reliable and supportive fitness resource.
Future Vision and Personal Growth
Looking ahead, Andy envisions RipBody.com as a long-term venture, dedicated to providing valuable fitness insights and coaching without the intention of exiting. He aspires to maintain control over his business to ensure its integrity and continued impact:
“I have no intention of exiting. I consider it my baby... I want to keep that resource there...” ([57:35])
Additionally, Andy reflects on how entrepreneurship has enriched his life, emphasizing the invaluable relationships and the sense of community it has fostered:
“As Andy Morgan, the first thing I thought of was friends... I feel super lucky and inspired to be a part of the community.” ([59:13])
Key Takeaways and Insights
Notable Quotes
Conclusion
This extended interview with Andy Morgan offers a comprehensive look into the strategies and mindset required to build a successful niche business. From overcoming early challenges to implementing innovative coaching models, Andy's journey is a testament to the power of focus, perseverance, and purposeful entrepreneurship. Aspiring entrepreneurs can draw valuable lessons from his experience, particularly the importance of niching down, establishing robust systems, and fostering a community-driven approach.
For those interested in more insights and actionable business lessons, visit The $100 MBA Show and explore their extensive library of over 2,500 business lessons available for free.