Jason Chan

Jason Chan is a franchise owner of My First Gym where it has more than 10 franchises as of today’s date.

AS THE BUSINESS IS GROWING, IT COMES WITH CHALLENGES.

Jason had a hard time as the business grows. There was a lot of challenges with the leadership group and the management. All of the other processes and systems were missing, which is essential for a franchise.

“So when we first got in, it wasn’t quite what we expected. There was a lot of challenges with the leadership group and the management. We had to sort of navigating our way through that. The gym didn’t kick off as quickly as we thought it was going to. That was surely part of the pretty unstable structure of the leadership group. All other processes and systems weren’t in place, which is kind of the key thing for a franchise.”

THIS IS WHERE JASON SEEK ASSISTANCE FROM AUREUS FINANCIAL.

“The timing was right. I really wanted to set some goals and get some clarity about my finances, training, and the rest of my life. I’m goal-oriented and know exactly what I want to accomplish. It motivates me to get up at five a.m. to reach those goals, but I’ve never done it with my finances, which was interesting. I was lucky enough to get some money come my way. It was a bit of a turning point. I can either put money in a bank and sit there while it goes backwards, or I can look into automating the scribe for me. I’d like to be able to pass part of that down to my children as they grow up.”

THE 3 BIGGEST BENEFITS JASON GOT FROM THE WEALTH ACCELERATOR PROGRAM
  1. Structure
  2. Measuring
  3. Planning
THE GREATEST VALUE

Jason didn’t realize how important it is to apply your business principles to your personal wealth. Until he joined the program, he had no idea it was possible.

“I’ve worked for people, and especially in my own business, my business partner. We analyzed the figures and reviewed the P&L and targets on a daily basis. The huge realization was that I needed to achieve that with both my personal and financial wealth. So I started trading my personal finances differently than I traded my business finances. The key part was when I aligned that. Create goals, set targets, and obtain a better picture of where you want to go, where you are now, what’s working, what’s not, and how much money you have coming in and going out. I learned that I needed to apply the same principles I used in the business to my own wealth.”

SO, WHAT DID THE PROGRAM DO TO MY FIRST GYM?

One of the things Jason took away from the program was the ability to create clear goals and plan for the future. It will help him better manage his business because he now has a clear direction for years ahead, which is something many entrepreneurs struggle with when they first start out on their own business journey.

“So I think it’s simply having a plan, and I believe the plan is pretty much set in stone for the next, at least the next five years. Following the plan could make everything go more smoothly. I mean, things will change. But I think you’ve got to have a plan first.”

WHAT CAN JASON SAY TO OTHER BUSINESS OWNERS WHO ARE OUT THERE CONSIDERING THE WEALTH ACCELERATOR PROGRAM?

I’d say, do it. A lot of it, I believe, comes down to breaking your own habits and telling yourself, ‘I’m going to take responsibility for this.’ It’s a major step when you take responsibility because you start uncovering everything. Because it’s been measured, it just keeps you accountable. You have someone who holds you accountable. It’s the style that you guys deliver it. As a business owner, you feel isolated when you’re by yourself. I’m lucky enough to have some business partners but I’m still the one in charge. It’s important to have assistance in your business, particularly when it comes to goal-setting, targets, wealth, and the financial side of things.”

Are you on track to achieve your financial an lifestyle goals?

Complete an expression of interest form and we can discuss how we can help you remove cash-flow bottlenecks
and turn your business profits into personal wealth.

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