Podcast
Unleashing Greatness
Hosted by Bob Thompson · EN
Unleashing Greatness is the one place to find everything you need to know about starting a business from scratch and scaling it beyond your wildest imagination while not losing yourself in the process.
Learn from a guy who went from getting kicked out of Catholic school, to starting his first fitness business in a basement and then scaling it to over 20+ locations and over 10M in annual revenue, before almost losing it all, getting it back, and finding his way back to Christ.
Each week Bob shares with you something from his playbook to help you move forward faster in your marketing, sales, leadership, and life.
Be sure to follow the podcast NOW so you can unleash your greatness.
10episodes
Episodes
Newest firstAll episodes
The 4 Keys To Cheap FB Leads
Jan 19, 202200:21:23Tap to summarizeHow do you get quality leads? Whether you’re a new entrepreneur or a seasoned business owner, your business needs conversions. It's that simple. Lead generation is vital to a thriving business and is key to every successful marketing strategy. One way to generate leads is to run paid ads. But how much money should you allocate? How would you know if the numbers are good? How can you reduce your ad spending? Planning your ad strategy can seem a little daunting when you’re just starting with advertising. So here's Bob to share the lessons he learned from running a million dollars worth of ads (specifically FB ads). Get ready to learn what metrics to look out for and what's working right now in today's episode of Unleashing Greatness. “If you haven't had success with Facebook traffic yet, do not give up. It still works really well; you just have to know what you're doing.” - Bob ThompsonIn This Episode:0:00 The result from a million-dollar ad spend2:14 Is Facebook still a great way to generate traffic?3:20 Two things to look for when running FB ads6:35 Four key areas that influence your lead flow and cost per lead 7:59 What you can do if the numbers are off11:41 Factors that contribute to the success of your lead generation13:12 A simple yet effective ad copy framework (Tease-Please-Seize)14:52 How organic content affects your traffic15:17 Learn how to improve your landing page conversion17:30 This is how everything comes together Connect with Bob:Instagram Facebook
Transcribe →The Easy Way To Grow Your Gym Right Now
Jan 12, 202200:22:57Tap to summarizeJanuary is an excellent time for gym businesses. People have just started new goals, and getting more fit and healthy is at the top of the list. For gym owners, it's a great time to bring in new customers and reconnect with former customers. Of course, you should keep your current customers engaged. In this episode, Bob shares what his team is doing to continue growing their business. The simple strategies presented here also apply to other businesses. With practical demonstrations from Bob, you can never go wrong. “If you have a business, you want to get NEW customers, and you want to get REPEAT customers.” - Bob ThompsonIn This Episode:0:00 What this episode is about2:18 Two ways to bring in customers right now4:58 Three areas you can focus on to increase revenue7:25 What is Legion doing right now9:10 What you can do to keep current customers 11:06 A practical demo from Bob on why you need to keep existing customers13:19 What are you doing to bring back former customers, and how often should you reconnect with them14:38 Learn from Legion's text and email promo launches 18:47 Simple strategies that work Connect with Bob:Instagram Facebook
Transcribe →Launching A Skincare Brand
Jan 5, 202200:17:06Tap to summarizeAre you looking for a new business venture? Among the many profitable industries out there, the global skincare market is perhaps one of the most lucrative. Experts predict that it will be worth around $200.25 billion by 2026. That’s an incredible opportunity for entrepreneurs interested in launching a skincare brand. Although the skin care industry is competitive, it has plenty of room for new players. And Bob is in the right direction. After all, fitness gyms, supplements, and skincare products contribute to a holistic approach to transformation. So tune in to hear how Bob plans to unleash this next great project with his expert business partner. “When I launch my product, it has to be the best.” - Bob ThompsonIn This Episode:0:00 What does a burly bearded man know about the skincare industry0:48 Who is the driving force behind Bob’s skincare brand 1:51 Uncovering an unsolved need 4:23 Know your target audience and market potential6:17 Market research and finding the right manufacturer7:55 The difference between white label vs. custom formula12:03 How does your risk-reward analysis look14:21 Learning the basic framework for launching a product Connect with Bob:Instagram Facebook
Transcribe →How To Get More Done With Less Time
Dec 29, 202100:17:51Tap to summarizeAs an entrepreneur, you should know that time literally means money. That means you have to make the best use of every minute of each day doing things that move your business forward. However, there are other things in life that deserve your attention -- perhaps more important than making money. It could be enjoying the day with your family, volunteering at a charity, or pursuing a passion project (or just hanging around with your dog!). So, how do you get more done in less time? Bob shares his simple 3-part process in this episode. “You don't have to wake up early to do things; you just have to structure your days.” - Bob ThompsonIn This Episode:0:00 What's so great about being an entrepreneur 1:08 Why would you want to get more done with less time3:29 How you can structure your days to get things done5:10 This step is so simple, but it actually works 6:27 What are the two key things you absolutely must do to grow your business12:18 What are the things you don't have to do (this is as important as knowing the things you have to do)14:25 Recap of the 3-part process that Bob follows 16:01 It's the best thing you can do in your entrepreneurial journeyConnect with Bob:InstagramFacebook
Transcribe →Takeaways From The Convention
Dec 22, 202100:15:03Tap to summarizeAs we approach the end of another unique year, many people are taking a good look at the past year to plan for the new year. Most successful entrepreneurs get into the habit of preparing themselves in the current year for the coming year. And Bob is no exception. Bob lets us in on the key takeaways from the 2-day Legion Convention with his franchisees and business partners in today’s episode. The lessons from Legion are also applicable to other businesses. Because of how Bob looks back to look ahead, we can expect some really cool new things from Legion in the years to come. What about you? Are you ready for 2022?“The numbers tell the real story.” - Bob ThompsonIn This Episode:0:00 A 10,000 FT. view of what transpired in this exclusive event2:21 Simplicity beats complexity (as they always say, KISS should do it)3:04 Legion Business Cycle (you can never go wrong with this simple cycle)5:29 Always look at your numbers (they tell you the real story)9:05 Consider The Profit First Method and why you should build your business to sell11:29 Develop an abundance mindset (there's plenty of money out there!)13:09 Recap of the key takeaways (in case you're in a hurry) Connect with Bob:InstagramFacebook
Transcribe →All You Need to Know About Franchising with Erik Van Horn
Dec 15, 202100:41:41Tap to summarizeIf you want to start your own business, franchising can be a viable alternative. With franchising, you're getting an established business framework, systems, and processes plus ongoing guidance. And, if you are a business owner who wants to scale fast with minimal to no capital outlay, then you can welcome franchisees into your business. But you have to understand that being a franchisor is very different from being an entrepreneur. Whichever side you may be on right now, there's a lot you can learn from this conversation between Bob and franchising expert Erik Van Horn. With over 20 years of experience, Erik shares some of the secrets he used to build 6 brands in 30 locations and help 1,000 people achieve their success in franchising.“I'd rather be in a killer market that's out of state where I can travel to vs. being in a weaker market that's in my backyard.” - Erik Van HornIn This Episode:0:00 Meet franchising expert Erik Van Horn6:17 What Erik shifted his focus from real estate investing to franchising 10:12 What you should look for when considering a franchise13:11 Benefits of the fitness franchise concept 16:15 Erik's recommendations for growing franchise businesses19:40 Analyzing franchise markets 21:33 How franchisors should think about their exit strategy23:57 What to look for when evaluating brands for franchising opportunities28:17 The different stages of franchising (and the risks involved)33:50 Can you effectively perform the role of the franchisor and entrepreneur (or should you focus on just one)36:20 How to provide the best support to your franchisees40:35 Erik's BIG advice for those who want to learn about franchising and business in general Connect with Erik:WebsiteInstagramFacebook GroupConnect with Bob:InstagramFacebook
Transcribe →Righting the Wrongs: Second Chances in Business
Dec 11, 202100:47:57Tap to summarizeSome people want to have everything planned out before starting, while others believe you don't need to have everything figured out. You just have to be passionate and be willing to learn and adjust as you go. So which one are you? Today on Unleashing Greatness, Bob interviews Andrew Fitzpatrick, part of the Legion Franchise Team and Legion West Chester gym co-owner. Andrew was part of the early days of Legion until he took a hiatus, then came back. They talk about their lessons, from running a gym to training franchise owners. What they discuss applies not only to gym businesses but also to most service-based businesses. Get some inspiration from today's conversation between Bob and Andrew as they talk through righting the wrongs. Own a Legion: https://legiontransform.com/“Being clear with your expectations is half the battle.” - Andrew Fitzpatrick In This Episode:0:00 Meet today's guest, Andrew Fitzpatrick8:34 How to determine if a location would be profitable15:34 How Andrew's mindset has changed over the years20:03 Passion and a desire to help people will help you get started (even if you don't have a business background)25:55 How Andrew transformed his facility, which is the physical manifestation of the business30:33 A micro gym is not a passive investment -- you have to be there!34:08 Why franchise locations need leadership teams and your presence 37:41 Expectation setting and communication is different from micromanaging42:06 Are your priorities in the right place Connect with Andrew:WebsiteFacebookConnect with Bob:InstagramFacebook
Transcribe →How Microgyms Can Win December
Dec 8, 202100:16:18Tap to summarizeIt's December, and a lot of people are distracted by holiday preparations. It's usually the month where gym owners generally see a dip in revenue because members stop going to the gym. Instead, they are traveling to visit family and friends or busy catching up on other goals before the year ends. So, some gyms close in December and just reopen in January. But it doesn't have to be that way. In today's episode, Bob shares three actionable ways for gym owners to win December. These tactics are the same ones that he uses for his gyms, and they actually work! So don’t be crushed by the holidays. Instead, learn to smash the holidays. “You have to give people a reason to sign up. Give them a great reason to take the next step.” - Bob ThompsonIn This Episode:0:00 How gyms can win December0:59 Three key areas you need to focus on 2:21 Launching an internal promo to keep your current members coming 7:53 External offers and cool seasonal promos to bring in new people 8:56 Sample challenges and tactics you can try to keep members engaged10:15 It's a great time to continue running ads (even when others are pausing their ad campaigns)11:40 Don't be caught in the “money later” effect of advertising14:13 How to make December an absolutely fantastic month for your gym Connect with Bob:InstagramFacebook
Transcribe →What NOT To Do For Gyms on Black Friday (Or Other Holidays)
Dec 4, 202100:23:58Tap to summarizeWebsites are crashing from online traffic, and products are running out of stock! By now, you've probably received a ton of emails and scrolled through ads offering insane discounts. It's that time of year again when business owners and consumers participate in the biggest holiday sales. If you're a business owner, you must be excited about the influx of cash that you will get. But have you thought about how this will affect your long-term goal? In this episode, Bob presents the painful truth about holiday sales and their impact on most businesses, especially gyms. Tune in to discover how you might be cannibalizing your recurring revenue and devaluing your service by offering huge discounts.“Do the opposite of what everybody else is doing.” - Bob ThompsonIn This Episode:0:00 It's that time of the year again (got any deals?)1:57 The psychology behind people's buying decisions 2:25 Why you need to rethink your vision for your business5:04 How the largest sales months lead to the worst cash position 7:40 Bob speaks from his experience offering holiday sales12:21 Businesses that would benefit from recurring revenue over instant revenue13:59 Do this instead of discounting your prices19:12 Are you attracting the right people to your ecosystem21:23 How to create holiday offers that do not devalue your service Connect with Bob:InstagramFacebook
Transcribe →Lessons from Franchising
Dec 1, 202100:24:05Tap to summarizeMany successful business owners reach a point where they need to expand their business. However, growing your business comes with challenges like more work, more stress and usually requires more capital, especially when it's a brick and mortar business like a fitness gym. Some options for business expansion include opening new locations, finding new investors, or forming partnerships. Another option that can be very cost-effective yet highly effective is franchising your business. That's what Bob decided to do in 2017. In this week’s episode, learn from Bob's Legion Fitness Franchise experience and see if this route works for you. “Oftentimes, businesses don’t have to be complicated; they just have to make sense.” - Bob ThompsonIn This Episode:0:00 It's time to scale the business2:52 Should you work with a consulting group or learn from a mentor?5:19 Go slow in the beginning and get your processes in place6:22 What is the hockey stick effect and is it a good indicator of success?6:56 Is franchising the right path for your business?8:11 Another big reason why Bob decided to franchise his gym9:24 Awarding multiple franchise locations 12:40 Gym owner vs. franchise owner (can you effectively do both?)15:00 The current state of Bob’s franchisees and what are the next steps20:01 Reviewing and refining the process before scaling again Resources:Fitness Franchise Opportunity Connect with Bob:InstagramFacebook
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