Episode #554: Entrepreneurial Drive and Innovation-The Story Behind the Stallworthy's Your Reformer
On today's episode, host Pete Moore sits down with Emma and Ben Stallworthy, the husband and wife team behind the Melbourne-based, Your Reformer. With a foundation built on serial entrepreneurship and a huge passion for Pilates, Emma and Ben share their story from reviving a rundown health club to scaling a successful chain of gyms, and ultimately selling their business to a major player.
They dive into the challenges of pivoting from brick-and-mortar to launching their own Pilates equipment and digital content venture, all while (trying!) to balance family life, married life, and staying true to their values. Listen now for some candid conversations about risk-taking, jumping on opportunities, and why they believe the future of wellness lies in making Pilates accessible anytime, anywhere, and for anyone.
On knowing your bottom line during negotiations, Emma states, "Make sure you're equipped with the right advisors around what is a realistic valuation that you can have some wiggle room in negotiation to move with. You should know, what's my bottom line, what would I walk away from, and what am I comfortable with? This way, you can then go in there and be comfortable with either decision and have no regrets."
Key themes discussed
- Building and scaling health clubs in Australia.
- Entrepreneurial journey and personal growth.
- Introducing reformer Pilates into gyms.
- Navigating acquisitions and business exits.
- Creating boutique wellness experiences within larger clubs.
- Transitioning to digital and at-home Pilates solutions.
- Balancing family life with business partnerships.
A few key takeaways:
1. Entrepreneurial Spirit and Diverse Ventures: The couple's journey highlights their strong entrepreneurial drive. From purchasing a rundown club at 22, to experimenting with other unusual businesses, they've shown a knack for identifying and chasing new opportunities. Their evolution to focusing on one "core thing" (Pilates, with Your Reformer) demonstrates the power of learning, adaptation, and focus.
2. Building, Growing, and Exiting a Fitness Chain: They took a failing gym, revamped it, and eventually scaled to six clubs (Pinnacle Health Clubs) by innovating early—like introducing 24/7 access before it became common. This alone doubled their membership! Their ability to consistently listen to member needs and adapt offerings was essential for sustained growth, culminating in a successful exit to Viva Leisure.
3. Pilates and Boutique Wellness as a Growth Engine: The pair recognized Pilates—specifically Reformer Pilates—as a critical differentiator and a driver of future growth. By integrating boutique wellness elements into their clubs, they expanded the appeal and unlocked additional revenue, with up to 30% of members opting in for premium wellness options.
4. Navigating the Acquisition Process: Emma and Ben shared valuable advice on selling a business: When a strategic buyer comes with an offer, don't let personal attachment cloud your judgment! They stressed the importance of getting solid advice, knowing your worth, negotiating from a position of strength, and recognizing that the first offer is often the best. Detaching emotionally and staying commercially minded is crucial.
5. Transitioning to Product and Digital Solutions: After their exit, they transitioned from brick-and-mortar gyms to manufacturing reformer Pilates machines and digital solutions, supplying both commercial facilities and the home market. Your Reformer meets the needs of major gym chains to home users, making Pilates more accessible without breaching any non-compete. They've combined design, content, and hardware into user-focused solutions, leveraging insights from hands-on, member-facing experience.
Resources:
- Emma Stallworthy: https://www.linkedin.com/in/emma-stallworthy
- Ben Stallworthy: https://www.linkedin.com/in/ben-stallworthy-912625a1/
- Your Reformer: https://yourreformer.com/
- Prospect Wizard: https://www.theprospectwizard.com
- Promotion Vault: http://www.promotionvault.com
- HigherDose: http://www.higherdose.com
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I am super excited to announce that we now have a formal
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partnership with the Prospect Wizard. And when I say
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wizard, I mean wizard. Obviously you have a website.
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This allows you to convert your website traffic visitors
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directly into leads. It's not just another chatbot and
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it's not AI but it allows a visitor to call, text or leave a
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voicemail immediately. Goes to you, your sales team or anyone else in the
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club instantly. MIT shows a study that if you contact
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the lead within 10 minutes, chance of them converting goes up nine
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times that of the average. We got the Atlanta clubs on
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it. Vita Fitness, Gold's Gym, Mountainside
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City Fitness, Philly, College Park. Become one
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of the next Halo companies to deploy the Wizard.
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It's easy to use. Go to the prospectwizard.com
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get a free 30 day trial. Talk to my boy Dave Gallen. He will get
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you all set up and let the leads flow based on the
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Wizard. Go get him.
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This is Pete Moore on Halo Talks nyc. I have the pleasure of
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bringing to our podcast Emma and Ben
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Starworthy from Melbourne, Australia. I know the full
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waltzy Matilda from my Katiki Tour back in
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1993. We are going to talk about pilates, we're going to talk
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about Australia, we're going to talk about the Internet and we're going to talk about
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running a family business. So welcome to the show.
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Thanks, Pete. Great to be here. So shout out to
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Brian for Brian Anderson for hooking us up. And
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you know, it sounds like you guys have been, you know, serial
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entrepreneurs, always have big business ideas since your
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childhood. So you want to take us through, you know, that itch and now
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what's being scratched? Yeah, the itch has definitely
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been there. There's no doubt about it. I was fortunate at the age
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of 22 to buy a rundown health club. So I got the
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opportunity to purchase that club and yeah, it was extremely run down.
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I was actually with Em at the time. So she's been on the journey right
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from the start. And yeah, from that
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rundown health club, we worked together, we built it to six
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clubs through a lot of innovation and doing a lot of things ahead
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of time and we exited
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that health club. We're very fortunate. There's a lot of different stages
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along the way of that journey. It's been a few itches
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scratched along the way. I mean, there's definitely that entrepreneurial spirit
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innately. We've had laser skirmish businesses and we had a
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farmer's golf business and we had a lease that was gonna be a bar and
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a restaurant. So we've had lots of things along the way
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that we've learned to laser focus in on, I
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guess, one core thing and do one core thing really well. So
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Ben's learned to be restrained in that regard. But I think when we've launched
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Euroformer, the sky's the limit. We can
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dream big. It can be a global business. When we had our chain of
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gyms, realistically, you're looking at a 5 to 10 kilometer radius in
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terms of your catchment realistically around there. So that's
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limited in terms of where what you can dream. So it's been
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really exciting on this journey. I definitely wouldn't describe myself as an
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entrepreneur. I thought I would be in the corporate world and climb the ladder
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and that Ben talked me into joining the business and
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I've learned to take risks and
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enjoy the journey and haven't looked back since. That's great.
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So, you know, by I was saying this earlier today, but,
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you know, experience is what you get when you don't get what you want is
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what one of my mentors said to me a very long time ago. So,
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you know, when you jumped into this health club opportunity, did you have
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a vision for, you know, what was going wrong or,
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you know, were able to kind of identify quickly what the levers
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were and maybe talk about how much confidence
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you started to gain, you know, as a couple and as a team
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going in and saying, look, I could diagnose what the problems are. I also know
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how to execute, not on PowerPoint, but actually know how to make change
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quickly. And that kind of gave you the confidence to start to jump into some
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of these other opportunities. Because she understood that, like, okay,
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this is kind of like a case study. And if I can nail the case
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study, then, like, it gives me more confidence to do next ones.
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Yeah, absolutely. I think the first thing, Pete, I mean, the club was losing
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$10,000 per month. It was completely run down. So
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even just doing things like a paint job and getting some things
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improved in the facility, I only had three months of working capital, so I
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didn't have a lot of time on my side. So I had to get things
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moving quite quickly. Fortunately, there was a great team in place.
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We had a team of about 15 team members at the time. And
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for the 13 years we had the health clubs, we still had six of those
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original founding team members. So for me, it was about
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how do we upskill the team to get the most out of their day, where
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do we need to focus our time and then ultimately listening to the
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members. All of our inspirations really come from what our members need, what
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they want. How do we keep reinventing the clubs? What one of the main things
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we did was back in 2010 seems a long time ago now. We went 24
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7. Our membership went from 900 members to 1500 members
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within three months. So we really saw that demand
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and where they could take the clubs and constantly. Yeah, yeah.
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That gave us the confidence, I guess, to know that, you know, we were good
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at execution. So it was just about making sure that you recognize
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what the trends are. What are you seeing, what's going to work in your
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space? What do you ultimately customer centric,
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focused, you know, what solution are you solving for them? And that's been something
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that we've continued along into this business as well. And then that
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team piece that Ben mentioned, again, learning
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and developing as leaders and as managers and then creating a
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high performance team. So it's been exciting with your reforma to start
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fresh and really bring together some amazing
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people who have a shared vision
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and objectives of the business and then, you know, to be able to achieve great
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things together. So one question I have would be, are
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you changing it to 24 7? Do you think those 600
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incremental members that resonated with them and they actually used
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it, or just the fact that that option value was there kind
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of created a different view of the value,
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you know, price to value. It's definitely a mixture of both. Without
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doubt. The value proposition definitely changed. We took away the excuses and the
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barriers at that point of making the decision.
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And I think it was, you know, people want to be onto something that's
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trending. Right. It's like, wow, you see that 247 gym that's open up.
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So it definitely created a bigger radius for our
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clubs than a traditional 5 kilometer radius. People will prepare to travel because
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obviously we're open, we're available. Yeah. So I hope that
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answers the question. And did, did you keep the. The. The same
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name or did you change the name when you bought it?
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We just added the 247 to it, so. Oh, sorry.
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When we went 24 7. Yeah. So we'll Pinnacle Health Clubs. Yeah,
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we kept the same name right. From the start and. And you sold it to
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a company called Viva Leisure. Was that deliberate?
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Did they come to you? How did that evolve?
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Yeah, it wasn't deliberate. That wasn't actually,
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you know, we're looking to continue to grow. We're up to six health clubs, all
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successful. And we started going down a process
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of what was next. Do we need a raise? How do we get to
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10, 20 locations? So we bootstrapped the whole thing and
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then going through that journey, come across Viva Leisure, and they were aggressively
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growing and they were on a different journey of going, wow, we need to get
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into Melbourne. We need to get into Victoria. There's a great chain there. We
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started conversations with them when we were introduced to them through
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someone that was supporting us. And that was prior to
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Covid. Things started moving quite quickly. People were quite interested
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in our group. And then Covid, of course, hit. So we had a false
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start there. We reopened after six months. Conversation
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started again. Melbourne locked down again in two weeks. And
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we're like, okay, well, that's probably off the cards. So we just focused
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on making sure our clubs were as strong as possible during that time. We
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had a really, when I say a successful Covid period, it really
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was successful. Australia was quite fortunate with some
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of the initiatives from the government and we're really able to leverage that to keep
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our team working and really contributing to supporting the business.
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Post opening for the third time, Veeva did come back and
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eventually we negotiated terms and things moved quite
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quickly from there. They're a great company to deal with and they still are.
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This is Pete Moore. I want to let you in on a little secret. There's
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this company called Promotion Vault. And what they do is they give out rewards
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from retailers that allow you to incentivize your
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members without having to do zero down and one month
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free or giving away shakes or giving away T shirts.
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What you want to do is build a rewards program that lasts,
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that people value, and that doesn't discount your own products and services.
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So here's the deal. There's something called Rewards Vault. The Rewards
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Vault is going to allow a member to set up their own profile.
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They are going to answer questions, you are going to get those answers, you're going
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to be able to target those members, and you're going to reward them inside your
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club, inside your spa, and outside of the club and outside
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of the spa to get them to become loyal, to get them to pay
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their monthly dues and to be rewarded properly
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for the actions. A lot of companies are cutting back on rewards. You shouldn't
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be. Promotion Vault, your answer, trust me, this is real.
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You know, one of the takeaways, and my day job, besides doing the
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podcast here and, and some professional education, is
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mergers and acquisitions. And, you know, when you have a company
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like Viva that has a stated growth plan
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that wants to be in your market and wants to buy you,
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they have kind of like a Limited
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timeline to say, okay, you know, we'll transact with you as
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quote unquote, the platform in Melbourne. If they bought someone
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else, you know, they might not come back to you at the same price. They
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might not want to talk to you anymore because they feel like they've accomplished, you
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know, their, their land grab if you will, and have some,
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some, some assets in the ground. So can you talk about. And,
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and what I usually say is when the big 800 pound gorilla comes around, you
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know, wherever you are, you know, try and get a deal done because there's a
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finite amount of capital and if they're a strategic partner,
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strategic buyer, they might only be strategic one time
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and that's when they want to buy and not when you want to sell. So
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can you give a little bit of insight into that? Your gut said,
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hey, I'm not going to let this fish off the line, if you will, as
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an analogy. Yeah, I think, I mean to take a step
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back, we did so much work on our model and what we wanted to be
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as a company. So we positioned in, you know, we're a full
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service club but we really chase yield in our clubs and they come
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from our personal journey really like if we, if we take a step back.
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How we found Reforma Pilates, first of all to modality was through our
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fertility journey and that's when we first
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found Reforma Pilates. Yeah, I mean there's the long list of benefits
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to so many people, those consistent Pilates practice and I've got
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my own personal story with that. But through
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that awareness we wanted to kind of be able to bring that and we knew
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our demographics, our customers, our members would
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really receive that. Well in Australia, Reforma Pilates was starting to
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really have a growth trajectory as well. And we knew people were having
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pain to go to a studio down the road and paying for their
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heat program as well. And we wanted to be able to bring it all on
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one umbrella and not lose people, but then also be able to provide
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an affordable membership. So we created, I guess boutique
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brands because the boutique element of it was important to the experience.
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So boutique brands under the overarching gym brand
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and then offer a studio membership. So we had a unique model that we're seeing
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so much more now in the fitness industry. But you know, this is going back
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sort of seven, eight years now that we introduced it, maybe longer.
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So we knew we had something that was a little bit different,
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some learnings that Viva Leisure could look at from a
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strategic sense as opposed to just ideal locations that was
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Making profit that they could plug into their business. Was it
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Pilates, a separate entrance or was under your,
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your Pinnacle door? It was, it was, it was
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within Pinnacle. That was made a separate boutique within
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Pinnacle. So yeah, that did have a separate entrance within club. It had
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a separate brand and feel and aesthetic. Like when you walked in, a different
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smell even. We really wanted it to be a different vibe
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from the overarching other spaces.
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It had its own zone. Just to give you some numbers on that as well,
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Pete, just for anyone listening, we originally had
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launched a small group training program in all of our clubs. And we see that
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a lot now in the industry, right. And everyone's chasing yield, how do we get
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it? So we did a small group training program that we could integrate roughly about
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six and a half percent of our membership base. So for a 2000 member
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club, we had 130 members in there paying sort of 40, $50 per
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week. You know, that was still really healthy for that program.
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But when we incorporated wellness so that being with formal Pilates
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and yoga, dedicated studios across three of our
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clubs, but then reformer across all of the clubs, that integration went to
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30% of all of our membership. So just having
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that additional wellness element brought in a brand new member to the clubs
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that we'd never seen, had been living in the area. And then some
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of our payers that were some of our foundation members, they might have
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been on, you know, some of the lowest rates were prepared to pay
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40, $50 per week to now have access to what they saw as
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their future training program. To go back to your question though,
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about the acquisition and not wanting to lose it, it
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might not be coming back around again. You're right to the point. So, you
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know, we had this and we were confident in our negotiations with them
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because we knew our model and the numbers and what was
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showing up. So therefore we were also comfortable with
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it, not with them walking away and
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us continuing to grow in a space that we felt there was a lot of
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opportunity in the fitness industry coming of COVID lockdowns here
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in Melbourne in particular. But you've got to be able to put your personal
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attachments. There's a lot of personal attachments to your business, to your
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baby and look at it as a commercial. So what,
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you know, make sure you're equipped with the right advisors around what is
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a realistic valuation that
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you can, you know, have some wiggle room in negotiation to
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move with and then be able to know what's my bottom, what would I
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walk away from, what am I comfortable with? So you can then go in there
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and be comfortable with either decision and have no regrets. That's great.
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Yeah. I always say you gotta negotiate from a position of
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strength. You also gotta look at it unemotional. We've done
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deals with owners that, you know, miss the first opportunity and
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then, you know, things unravel sometimes
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after that because you don't have as much confidence in your business. You think,
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you know, get a little bit wary about whether the buyer is going
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to try and tie you up and then, you know, undercut the deal.
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So the first bite's usually the best. One
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to stay present too. I think you start to picture what your life
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could look like if you didn't have this business or if you had this
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exit plan. It's very easy to do that. And so that I think
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that's part of also, if it doesn't come through, really hard to
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come back from. Yeah, yeah. So. So once that transaction happened,
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you sold everything to them. Will you still retain some of the reformer
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part of the business? Everything? Yeah. All
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six health clubs got it. Yeah. 100 team members
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handed over. Yeah, got it. And then from a
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non compete standpoint, and I'm not sure how things work in Australia,
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but what you do talk about what you're doing now and how that is
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not tripped up by your, you know, the sale.
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Yeah, so our non compete was more based around
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opening up bricks and mortar facilities, you know, not competing, going open up
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a health club or consulting to local competitors and things like that.
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So yeah, really what we've gone and created, we're not
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opening up bricks and mortar facilities. You know, we're a manufacturer
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of a product, we have digital solutions and yeah, we more
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obviously chat a bit more around that, but it didn't compete with Fever.
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Now when you take a look at the Pilates and you know, class
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pass came out and said that Pilates was a top 20, 24,
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you know, workout. I don't think you get through a trade show without
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four or five, you know, new Pilates machines and different,
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you know, you know, digital subscriptions.
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So what's a special sauce that you say, hey, look, our
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machine is based on xyz, our content,
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our commitment to the product, which I don't think some people
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take into account, you know, that some early stage manufacturing
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businesses of equipment like you also have
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to bet on the fact that they're going to be there for maintenance, for content
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creation, you know, for ongoing support for a community
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instructor. So how have you kind of position that and how
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is, how did you kind of Rewire your brain, if you will,
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to say, hey, all that human interaction that I had at
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Pinnacle and Pinnacle 247 with the people
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that worked for you as well as the members, you know, you. That was
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basically, you kind of wore that brand as like on
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your sleeve and they had confidence in you. And now you're kind of saying, well,
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you know, now I'm selling you a device. So talk about, like, how you've been
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able to kind of manage through
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digital is not necessarily human, but
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I can push that through content or I could kind of create a
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community, even though I'm not
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beating heart in front of you. Do you want to start off?
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Yeah. I mean, I still think it is from our beating heart. I
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mean, a big part of why we're successful is
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the way we communicate, the way we engage
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a community. So, yes, we sell hardware, we sell
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products, and we sell digital software as
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well, but we, we sell solutions. So
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from a D2C perspective, we bring the studio
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offering to your home. From a commercial perspective, we provide
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a range of different solutions depending on the business model. And
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it all comes from what,
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I guess, needs the customer has and what, what problems
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it's presenting for them that we are solving, you know, and I think
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because we are so innately
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attracted to, or I guess passionate about
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Pilates and the benefits that that can provide
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as that combines so beautifully with the business
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acumen that we have and the model, the robust model that we've built
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to continue to talk
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to our core customers in a way that some
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others are not. And are you provide. Are you
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selling into clubs as well as selling into the home?
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And do you feel like you're like maybe the wholesale channel, if
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you will, is more of an extension of who you are. And
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knowing that this, what you've, what you've, the success you've
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had by putting a group exercise boutique inside of a
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club, that you're basically replicating that and scaling it
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from what you learned and what you built before. How's that for
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a long winded question? Okay.
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We'Ve got it. There's different models that we see. I mean, we're
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supplying to eight of the ten major gym chains here in Australia now. And
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each of those gym chains will have a slightly different variation on
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what reform Pilates is for their community. So some will
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be full on demand, where we'll have our reformers and what we call our
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kiosk, and they'll come in. Some of our facilities will
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have 20, 24 units in a separate part of the gym. People
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will pay an additional five to ten dollars per week to access that space
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and those members unlock access to unlimited Reformer Pilates. So
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then we've got smaller like you think of a Snap Fitness even during like
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we supply to Snap Fitness here in Australia and it's been really successful
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for their network. Some snaps are bigger, some are smaller. The smaller ones
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finally have two to four machines with the kiosk. Then some of the
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biggest snaps will have a full studio offering but then run it as a hybrid
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and run the digital outside of the classes. So yeah, really
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it's depending on the space they've got available. What
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we've been able to create is we've been able to make reform plays accessible for
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any facility. Whether that's two machines, one machine
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or 24 machines. That's now an option.
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Yeah, and a follow on question that I've been preaching for like 10
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years that a health club is effectively an equipment
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church showroom and that at some point there should be a QR
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code that says you want to buy this piece of equipment for your home, you
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know, click here on this QR code or scan this and
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you know, they basically become your distributor. Have you seen
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any of that as a potential even like cutting the
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club in on some kind of sale price or like
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leveraging that relationship or. Is that great idea Pete? But
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that just. It's not how it happens. I mean it's a great idea Pete,
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but yeah, at this stage it's not something that you know, we're focused on.
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But there's definitely, don't get me wrong, exposure definitely
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supports brand awareness for sure. But
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what we're finding, I mean it does depend on the region. So you know, there's
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from a home market perspective there's lack of accessibility
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to start particularly in Australia. It's a large country but you've
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got very dense pockets in metro. But then we have a lot of people who
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live regionally who can't get to a studio or can't get to a gym nearby.
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So that can be of having something that can be in their home that they
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can do is, you know, has been life
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changing for them. But in the metro cities
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where you've got plenty of options, the feedback we get from our customers
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there is that they actually like having the convenience of it at home,
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but they still want that in studio. They'll still go to
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their gym or their studio once. Like to call it a die hard. If I
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think about someone like me who has two little children at home,
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busy working as well, juggling career, juggling family Everything. It
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can be very difficult to get to as many classes as I would love to
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get to or that I used to get to before I was a mum. So
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I can get to my one that it's my ride or die. That's the time
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I get to and then I can supplement it and stay consistent and still get
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some amazing results and benefits from it with having it at home.
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This is Pete Moore. Here's the last tip for you of the podcast.
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We are partnered up with a company called higher dose
381
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higherdose.com they are the leader in
382
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workout recovery products. Infrared technology,
383
00:24:02,189 --> 00:24:05,710
LED light masks, neck enhancers and
384
00:24:05,870 --> 00:24:09,550
other products such as PEMF mats and sauna
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00:24:09,550 --> 00:24:12,830
blankets. If you have not gotten on the workout
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00:24:12,830 --> 00:24:16,210
recovery train yet, your time and your stop
387
00:24:16,370 --> 00:24:19,930
is now. You got to get these products in there before these workout
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00:24:19,930 --> 00:24:23,170
recovery and spas end up saturating your market.
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Having your members walk out of the club and going into one of their locations
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00:24:27,090 --> 00:24:30,730
for 200 bucks per month where they're paying 39 to
391
00:24:30,730 --> 00:24:34,570
you. Let's become an expert in workout recovery. If we
392
00:24:34,570 --> 00:24:37,890
are already an authority in workouts, Higher dose,
393
00:24:38,290 --> 00:24:41,990
check it out. There's a wholesale code and we look
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forward to helping you augment your products and services
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to meet the demands of your members. And hey, let's get people
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happy, healthy and sweating. And the recovery should be
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just as good as the workout.
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You know, during COVID I spent a lot of time on my, my soul
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cycle bike Pilates. You know, equipment during COVID
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was not really as, as prevalent as it is now, obviously.
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How do you feel about, from, from a,
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from equipment that's at the home to results and
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motivation that can be done by yourself. Where does the
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Pilates machine kind of rank if you want to like force rank
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in that? I have no idea what the answer could be to this, but I'm.
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That's why I'm asking the question. And we'll have our instructor.
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I mean, for me, where it ranks is it depends on where that person is
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in life, right? Because there's a certain person that
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really, really could benefit more from reform of Pilates. And I saw that
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through our journey to fertility as an example.
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So, yeah, I think it depends. I think the people that we see the
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most in our community, they really need Reforma Pilates. It's a
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massive part of them. But in terms of using it, I think part of what
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you're asking is will they use it at home, how do they stay motivated and
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that sort of thing? I think, you know that that is not any
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dissimilar to any other piece of equipment in terms of engagement with challenges and
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giving them, you know, taking the thought out of what should I be doing today?
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We have a range of lengths of classes in terms of time,
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range of options. We've got physio, physiotherapist
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led classes that can cater for different injuries or different stages of life, et
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cetera as well. So sort of we try to have enough for everyone. But then
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I think the unique thing about Reformer Pilates specifically
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is that people find that it's so varied
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in what you can do. There's so much variety in every
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single workout when you turn up and the feeling
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of empowerment and that kind of mindfulness improvement that you
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can get from the movement as well. Kind of all couples to kind of really
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drawing you back each time. And also we're
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design led with our equipment. We want it to be a pride
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of home equipment that you have there. So people are really proud of
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this piece and they think about this space and create more of a haven.
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So again, drawn to having that me time to allocate it to them
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in their home to keep going back to. We haven't had that kind of story
434
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where you used to hear that treadmills become your clothesline.
435
00:27:15,790 --> 00:27:19,550
That's not what we're hearing with the Reformer. Yeah, gotcha,
436
00:27:19,550 --> 00:27:23,390
gotcha. Well, we can talk for a long time, I'm sure. But
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00:27:23,390 --> 00:27:26,670
in closing here, any quotes or
438
00:27:26,670 --> 00:27:29,470
entrepreneurial takeaways that you can
439
00:27:30,030 --> 00:27:33,230
expose to us or, you know, how you've gone and become
440
00:27:33,790 --> 00:27:37,470
successful serial entrepreneurs and you know, stay married and
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00:27:37,470 --> 00:27:40,190
have kids and you know, parameters maybe,
442
00:27:42,590 --> 00:27:46,030
or no parameters would be like, look, we're on life and we're on business like
443
00:27:46,030 --> 00:27:49,870
24 7. Like free, you know, free, free will, whatever. We want to
444
00:27:49,870 --> 00:27:53,590
talk about it. Okay. I mean,
445
00:27:53,590 --> 00:27:56,630
one thing that I've always been big on is it's not what happens to you
446
00:27:56,630 --> 00:28:00,190
in life, it's what you do about it, how you come back from that
447
00:28:00,190 --> 00:28:03,870
situation. So I think Covid represented that best for everyone.
448
00:28:03,950 --> 00:28:07,670
And yeah, I think we have challenges on a daily basis as
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00:28:07,670 --> 00:28:10,190
entrepreneurs, business owners, mums, dads,
450
00:28:11,150 --> 00:28:14,870
husband and wife. So it's all about, yeah, what
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00:28:14,870 --> 00:28:18,510
you learn from that and how you come back from it. And I think for
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00:28:18,510 --> 00:28:21,950
me it's really about what I've learned from this business in particular
453
00:28:22,110 --> 00:28:25,840
is it's cliche, but it's true.
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00:28:25,840 --> 00:28:28,600
Finding what you're passionate about and if you can then
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00:28:29,720 --> 00:28:33,000
build a business or a career out of what you're passionate about,
456
00:28:33,480 --> 00:28:37,200
that I have found has been the secret sauce in terms
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00:28:37,200 --> 00:28:40,520
of motivation and pushing through. Awesome.
458
00:28:41,000 --> 00:28:44,480
All right. Pilates everywhere, anytime. The
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00:28:44,480 --> 00:28:47,880
stalwarty family. Congrats on what you built, man. Look forward to
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00:28:48,280 --> 00:28:51,970
seeing a Pilates machine here in New York City that I can
461
00:28:52,450 --> 00:28:56,210
jump on. And great, great work of the passion. Thank.
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00:29:14,870 --> 00:29:15,420
You, Sa.