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The Leisure Media Company Ltd
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FITNESS, HEALTH, WELLNESS

features

Life lessons: Chris RondeauCEO, Planet Fitness

At times I’ve felt like the underdog

Published in Health Club Management 2023 issue 5
Chris Rondeau / photo: Bill Truslow
Chris Rondeau / photo: Bill Truslow
For the first decade we worked every day, lived pay cheque to pay cheque while we tried to figure out the business

My overarching life lesson has been learning the value of hard work. I dropped out of college at 20 and took the school of hard knocks route. I didn’t go to an Ivy League school or graduate with a big degree and I didn’t read my first book until I was 42-years-old.

I started at the front desk of the gym and worked my way up through the ranks. It has felt like a 30-year college degree and I’m still learning now.

At times I’ve felt like the underdog and I’ve had to play catch up. My business partners and I were not the most sophisticated bunch, but we had great passion and we believed in the model. When we got to 500 locations we were like “this is a big company, we can’t just run it like three gym guys anymore.” So in November 2012 we brought in private equity. That was a big step forward and I learned a lot from them.

Then one of the partners retired and I was elevated from COO to CEO and all of a sudden we were doing budgets and I’d never done those before. Three years later we went public, which was another learning curve.

Around 2016, a year or two after the IPO this started to change. I was meeting with well educated, super smart people – all the investors and analysts who ask good (and tough) questions and I realised there wasn’t a question I couldn’t answer off the tip of my tongue. No matter how smart and well educated they were, no one knew the business better than I did. That’s when my confidence level rose and any doubts stopped.

Building strengths
It’s a strength that I’ve worked in all parts of the club. I’ve worked the front desk, been a trainer, a manager, a regional manager, COO and CEO. I understand the trials and tribulations of staff and how to engage members, as well as how to do all the day-to-day stuff, such as checking members in and billing. I love working in the gyms.

Pre-COVID I used to work the front desk once a quarter because I’d learn things about making the jobs easier for our staff, or the experience better for members.

If I could go back and change things, I don’t think I would. It’s been very tough, but we now have more than 2,400 locations in six countries and 17 million members and are still driving membership growth. The drive and underdog mentality made me work that much harder. If I’d taken another route I might not be where I am now: we could have been a few years later in developing our model and someone else might have got the opportunity before us.

Although I wasn’t much for education when I was growing up, if I could give my younger self some advice, I’d say pay attention at school – especially in business class – and read more books. The learning curve throughout my career has definitely been a struggle at times. For the first decade we worked every day, lived pay cheque to pay cheque and had credit card debt while we tried to figure out the business. Luckily, with passion and hard work it all worked out!

Planet Fitness has grown to 2,400 clubs and 17 millon members / photo: Planet Fitness
Planet Fitness has grown to 2,400 clubs and 17 millon members / photo: Planet Fitness
/ photo: Planet Fitness
Once Rondeau reached 500 locations, a decision was made to bring in private equity / photo: Planet Fitness
Once Rondeau reached 500 locations, a decision was made to bring in private equity / photo: Planet Fitness
https://www.leisureopportunities.co.uk/images/2023/269681_478478.jpg
The CEO of Planet Fitness tells how he overcame feelings of being an underdog to reach the top of the industry
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features

Life lessons: Chris RondeauCEO, Planet Fitness

At times I’ve felt like the underdog

Published in Health Club Management 2023 issue 5
Chris Rondeau / photo: Bill Truslow
Chris Rondeau / photo: Bill Truslow
For the first decade we worked every day, lived pay cheque to pay cheque while we tried to figure out the business

My overarching life lesson has been learning the value of hard work. I dropped out of college at 20 and took the school of hard knocks route. I didn’t go to an Ivy League school or graduate with a big degree and I didn’t read my first book until I was 42-years-old.

I started at the front desk of the gym and worked my way up through the ranks. It has felt like a 30-year college degree and I’m still learning now.

At times I’ve felt like the underdog and I’ve had to play catch up. My business partners and I were not the most sophisticated bunch, but we had great passion and we believed in the model. When we got to 500 locations we were like “this is a big company, we can’t just run it like three gym guys anymore.” So in November 2012 we brought in private equity. That was a big step forward and I learned a lot from them.

Then one of the partners retired and I was elevated from COO to CEO and all of a sudden we were doing budgets and I’d never done those before. Three years later we went public, which was another learning curve.

Around 2016, a year or two after the IPO this started to change. I was meeting with well educated, super smart people – all the investors and analysts who ask good (and tough) questions and I realised there wasn’t a question I couldn’t answer off the tip of my tongue. No matter how smart and well educated they were, no one knew the business better than I did. That’s when my confidence level rose and any doubts stopped.

Building strengths
It’s a strength that I’ve worked in all parts of the club. I’ve worked the front desk, been a trainer, a manager, a regional manager, COO and CEO. I understand the trials and tribulations of staff and how to engage members, as well as how to do all the day-to-day stuff, such as checking members in and billing. I love working in the gyms.

Pre-COVID I used to work the front desk once a quarter because I’d learn things about making the jobs easier for our staff, or the experience better for members.

If I could go back and change things, I don’t think I would. It’s been very tough, but we now have more than 2,400 locations in six countries and 17 million members and are still driving membership growth. The drive and underdog mentality made me work that much harder. If I’d taken another route I might not be where I am now: we could have been a few years later in developing our model and someone else might have got the opportunity before us.

Although I wasn’t much for education when I was growing up, if I could give my younger self some advice, I’d say pay attention at school – especially in business class – and read more books. The learning curve throughout my career has definitely been a struggle at times. For the first decade we worked every day, lived pay cheque to pay cheque and had credit card debt while we tried to figure out the business. Luckily, with passion and hard work it all worked out!

Planet Fitness has grown to 2,400 clubs and 17 millon members / photo: Planet Fitness
Planet Fitness has grown to 2,400 clubs and 17 millon members / photo: Planet Fitness
/ photo: Planet Fitness
Once Rondeau reached 500 locations, a decision was made to bring in private equity / photo: Planet Fitness
Once Rondeau reached 500 locations, a decision was made to bring in private equity / photo: Planet Fitness
https://www.leisureopportunities.co.uk/images/2023/269681_478478.jpg
The CEO of Planet Fitness tells how he overcame feelings of being an underdog to reach the top of the industry
Latest News
Xplor Technologies has unveiled a financing solution for small businesses, which aims to counter the ...
Latest News
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to ...
Latest News
Peloton Interactive Inc is believed to be working to get its costs under control in ...
Latest News
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, ...
Latest News
Having good levels of cardiorespiratory fitness cuts disease and premature death by 11 to 17 ...
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US gym chain, Crunch Fitness, has bolstered its global expansion plans with the appointment of ...
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Active Oxfordshire has received £1.3 million to tackle inactivity and inequality and launch a new ...
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Featured supplier news: Group exercise complaints now a thing of the past for Reynolds Group
Complaints about group exercise have become a thing of the past for the Reynolds Group thanks to its partnership with CoverMe, a digital platform that simplifies group exercise and PT management for clubs and instructors.
Featured supplier news
Featured supplier news: Introducing the Schwinn Z Bike: where innovation meets performance
In the dynamic world of indoor cycling, Schwinn has consistently been at the forefront of innovation. Now, we proudly present the Schwinn Z Bike, the culmination of our legacy of excellence.
Company profiles
Company profile: ABC Trainerize
ABC Trainerize is a member engagement mobile app and software platform that allows coaches and ...
Company profiles
Company profile: We Work Well Inc
We Work Well is a global premier hosted buyer event company, connecting high-level executives from ...
Supplier Showcase
Supplier showcase - Jon Williams
Catalogue Gallery
Click on a catalogue to view it online
Featured press releases
ABC Trainerize press release: New ABC Trainerize Webinar: How to earn more with clients and members you already have
ABC Trainerize, a leading software platform for the fitness industry, recently ran a webinar for studio and gym owners on how to increase gym revenue with Gym Launch CEO, Cale Owen.
Featured press releases
Alliance Leisure Services (Design, Build and Fund) press release: £26 Million Investment Paves The Way For Health and Wellbeing Hub At Lincolnshire Sport Complex
South Holland District Council has bolstered its successful £20 million UK Government, Levelling Up Fund bid with a £6 million investment to see the Castle Sports Complex in Spalding transformed into a health and wellbeing hub to drive positive health outcomes for residents across the district.
Directory
salt therapy products
Saltability: salt therapy products
Lockers
Fitlockers: Lockers
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Snowroom
TechnoAlpin SpA: Snowroom
Cryotherapy
Art of Cryo: Cryotherapy
Spa software
SpaBooker: Spa software
Property & Tenders
Loughton, IG10
Knight Frank
Property & Tenders
Grantham, Leicestershire
Belvoir Castle
Property & Tenders
Diary dates
10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
Diary dates
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
Diary dates
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
Diary dates
08-08 Jun 2024
Worldwide, Various,
Diary dates
11-13 Jun 2024
Raffles City Convention Centre, Singapore, Singapore
Diary dates
12-13 Jun 2024
ExCeL London, London, United Kingdom
Diary dates
03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
Diary dates
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
Diary dates
01-04 Oct 2024
REVĪVŌ Wellness Resort Nusa Dua Bali, Kabupaten Badung, Indonesia
Diary dates
22-25 Oct 2024
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Diary dates
24-24 Oct 2024
QEII Conference Centre, London, United Kingdom
Diary dates
04-07 Nov 2024
In person, St Andrews, United Kingdom
Diary dates
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