My guest today is Patrick Precourt, an MMA fighter who is a successful gym operator. Pat is a very active member of the Collective Genius Mastermind. He is known as “the people’s developer” within the group. Pat is more than a business owner, he is a cultivator of people.
On today’s episode, Pat shares his view on business and how he approaches his management style. Listeners will learn about identifying a challenge and how to make it an opportunity. You will also learn how to find people that can bring creativity and multiple viewpoints to your company’s problems. Tune in to learn more about becoming a people developer and more about Collective Genius.
00:00 — Introduction to the Big Mike Fund Podcast.
00:22 — Welcome to the podcast, Patrick Precourt.
00:41 — Pat’s background with gym operation and Collective Genius Mastermind.
01:16 — How to show leadership and attract talent in your management style.
03:39 — How to identify a challenge and make it an opportunity.
04:11 — The difference between management and leadership.
08:11 — Why you can’t expect complete replication.
08:50 — What defines success for a gym?
10:45 — How location changes the key metrics.
11:27 — How to measure member happiness, create a community, and the “Cheers” effect.
15:06 — Why Mike prefers martial arts.
16:00 — The appeal of self-improvement and how to encourage it.
17:00 — Why Pat’s competitors can’t duplicate his business model.
17:45 — The benefits of the Collective Genius Mastermind.
20:15 — What makes Collective Genius Mastermind a great mastermind.
22:05 — The more you give, the more you get.
22:33 — Pat’s role in Collective Genius.
23:33 — Pat’s book recommendation.
24:52 — The Law of Attraction in a nutshell.
26:50 — Patrick Precourt’s contact information.
27:25 — Outro to the Big Mike Fund Podcast.