Clay Ferrer's guest appearances

Clay Ferrer

321Go Podcast

Run a Profitable Gym

WTF Gym Talk

John Briggs

Jason Khalipa

Jason Rule

Jason Ackerman

Deacon Andrews

Brian Strump

Greg Glassman

Vaughn Vernon

Mike Michalowicz

Zach Forrest

Nicole Aucoin

Julie Foucher

John Manser

Chris Cooper

Eli Slossberg

OwlTail

Clay has been on my podcast before.  He's even come down to Urban MVMNT to meet in person and talk shop. So when I decided to put on the SELF MADE SUMMIT and wanted to find companies to partner with, Clay and his team were a no-brainer. For a microgym looking to rebrand, you may need some extra cash for upfitting, equipment, etc - this is where RigQuipment comes in.  www.rigquipment.com  www.fitprofitplanner.com  ---   Send in a voice message: https://podcasters.spotify.com/pod/show/wtfgymtalk/message

Clay has been on my podcast before.  He's even come down to Urban MVMNT to meet in person and talk shop. So when I decided to put on the SELF MADE SUMMIT and wanted to find companies to partner with, Clay and his team were a no-brainer. For a microgym looking to rebrand, you may need some extra cash for upfitting, equipment, etc - this is where RigQuipment comes in. <a href="http://www.rigquipment.com" rel="nofollow" target="_blank">www.rigquipment.com</a> <a href="http://www.fitprofitplanner.com" rel="nofollow" target="_blank">www.fitprofitplanner.com</a> --- Send in a voice message: <a href="https://podcasters.spotify.com/pod/show/wtfgymtalk/message" rel="nofollow" target="_blank">https://podcasters.spotify.com/pod/show/wtfgymtalk/message</a>

Clay Ferrer x RigQuipment

Two-Brain Radio: Good Debt vs. Bad Debt With Clay FerrerOn this episode of Two-Brain Radio, Greg Strauch speaks with Clay Ferrer, Founder and CEO of Rigquipment Finance, a lender that specializes in boutique fitness facility financing. Clay—a passionate CrossFit coach in his own right—talks about the difference between good and bad debt, why you might take on debt for purchases and reserve cash on hand versus paying up front, and why the best time to take on debt is when your business is already in a good place. He explains the different forms good debt can take—such as the purchase of hard assets—and how to maximize ROI on those investments from Day 1. He also discusses the bad-debt pitfalls gym owners should avoid.Finally, Greg and Clay discuss Riquipment's exciting partnership with Two-Brain Business, which allows gym owners to finance the Incubator. Links: https://rigquipment.comhttps://www.uplaunch.comContact: info@rigquipment.com571-933-8339Timeline: 4:26 – From investment banker to the financial services sector. 7:46 – Watching the CrossFit Games hung over on New Year’s Day and finding a gym via windshield flyer.9:36 – From athlete to coach to entrepreneur: The birth of Rigquipment.11:47 – Taking on debt for a purchase vs. paying up front. 14:42 – Defining good debt.20:06 – The benefits and dangers of business credit cards. 23:00 – When to take on good debt. 25:44 – Looking at the ROI of a good-debt purchase.30:54 – Defining bad debt—going beyond the credit card.31:37 – Merchant cash advances: just a BandAid.33:22 – Short-term working capital loans: It’s a (interest) trap!39:00 – Financing the Two-Brain Business Incubator with Rigquipment = good debt.

Two-Brain Radio: Good Debt vs. Bad Debt With Clay Ferrer On this episode of Two-Brain Radio, Greg Strauch speaks with Clay Ferrer, Founder and CEO of Rigquipment Finance, a lender that specializes in boutique fitness facility financing. Clay—a passionate CrossFit coach in his own right—talks about the difference between good and bad debt, why you might take on debt for purchases and reserve cash on hand versus paying up front, and why the best time to take on debt is when your business is already in a good place. He explains the different forms good debt can take—such as the purchase of hard assets—and how to maximize ROI on those investments from Day 1. He also discusses the bad-debt pitfalls gym owners should avoid. Finally, Greg and Clay discuss Riquipment's exciting partnership with Two-Brain Business, which allows gym owners to finance the Incubator. Links: <a href="https://rigquipment.com/" rel="nofollow" target="_blank">https://rigquipment.com</a> <a href="https://www.uplaunch.com/" rel="nofollow" target="_blank">https://www.uplaunch.com</a> Contact: info@rigquipment.com 571-933-8339 Timeline: 4:26 – From investment banker to the financial services sector. 7:46 – Watching the CrossFit Games hung over on New Year’s Day and finding a gym via windshield flyer.9:36 – From athlete to coach to entrepreneur: The birth of Rigquipment.11:47 – Taking on debt for a purchase vs. paying up front. 14:42 – Defining good debt.20:06 – The benefits and dangers of business credit cards. 23:00 – When to take on good debt. 25:44 – Looking at the ROI of a good-debt purchase.30:54 – Defining bad debt—going beyond the credit card.31:37 – Merchant cash advances: just a BandAid.33:22 – Short-term working capital loans: It’s a (interest) trap!39:00 – Financing the Two-Brain Business Incubator with Rigquipment = good debt.

Two-Brain Radio: Good Debt vs. Bad Debt With Clay Ferrer

Ready to EXECUTE on everything you learned?  Join the Hub for only $10 your first month and have unlimited access to the Summit content, Business and Marketing Templates, and dozens of business and marketing courses.   Already a Hub Member?  Join us in November for the first annual Hubster Gathering in Charleston, SC for a fun getaway with business and marketing sessions and plenty of good times with fellow gym owners: Reserve Your Spot  Today's Partner - InBody USA  A huge thank you to our partner for today's episode, InBody USA. For the entire month of October, InBody will pay your 1st month's payment on a 24 month, 0% interest plan and extend your warranty for 2 years FREE. Email John.Ross@inbodyusa.com to learn more.   How do you value your business?  The short answer it - it's really complicated. Check out today's show with Rigquipment founder Clayton Ferrer. We discussed different methods for creating an accurate valuation of your business.   But, what's the takeaway? The takeaway is that we should operate our business as if our ultimate intention is to sell.  What if we operated as if we plan to sell our business in 12 months? What would you do?   Please take a moment to Subscribe to the Show, share with a friend, and leave us a review! 

<h1>Ready to EXECUTE on everything you learned?</h1><h1> </h1> Join the Hub for only <a href="https://321goproject.com/hub/" rel="nofollow" target="_blank">$10 your first month</a> and have unlimited access to the Summit content, Business and Marketing Templates, and dozens of business and marketing courses. <h1>Already a Hub Member?</h1><h1> </h1> Join us in November for the first annual Hubster Gathering in Charleston, SC for a fun getaway with business and marketing sessions and plenty of good times with fellow gym owners: <a href="https://321goproject.com/hubster-gathering-2017/" rel="nofollow" target="_blank">Reserve Your Spot</a> <h1>Today's Partner - InBody USA</h1><h1> </h1> A huge thank you to our partner for today's episode, InBody USA. For the entire month of October, InBody will pay your 1st month's payment on a 24 month, 0% interest plan and extend your warranty for 2 years FREE. Email John.Ross@inbodyusa.com to learn more. <h2>How do you value your business?</h2><h2> </h2> The short answer it - it's really complicated. Check out today's show with Rigquipment founder Clayton Ferrer. We discussed different methods for creating an accurate valuation of your business. But, what's the takeaway? The takeaway is that we should operate our business as if our ultimate intention is to sell. What if we operated as if we plan to sell our business in 12 months? What would you do? Please take a moment to <a href="https://itunes.apple.com/us/podcast/321go-podcast/id993768602?mt=2" rel="nofollow" target="_blank">Subscribe to the Show</a>, share with a friend, and leave us a review!

Ep 127 | What's Your Gym Worth? A Valuation Discussion with Clay Ferrer