Welcome to this week’s episode of the Escape Your Limits Podcast. To wrap up our series at the Connected Health & Fitness Summit, we sat down with Jon Canarick, a Managing Partner with over 20 years of consumer private equity investment experience.
Since joining North Castle in 2001, Jon has actively managed North Castle’s investments across a variety of Healthy, Active, and Sustainable Living sectors and across all job functions at North Castle. Having started his NCP career as an Associate, Jon has played a crucial role in the development of North Castle and many of its portfolio companies. Jon currently sits on the Board of Directors of Therabody, Five Iron Golf, Echelon Fit, CR Fitness, Encore Vet Group, The Escape Game, Barry’s, and SLT.
Today he tells all about:
If the American economy is facing a recession
Why the value of Peloton went down exponentially, and how fittech companies should avoid the same fate
What trends are currently happening in the commercial equipment space along with the home space
To learn more about North Castle Partners, click here! https://northcastlepartners.com/
Throughout our interview, we cover:
Asking the detrimental question on everyone’s mind about the economy- are we in recession
Why the value of Peloton went down exponentially, and how fittech companies should avoid the same fate
What trends are currently happening in the commercial equipment space along with the home space
The importance of understanding the market when pitching a new fitness idea to investors
Why building your company to sell is a very dangerous concept
The lessons learnt from previous recessions
New potential ideas for fitness companies to keep their eye on
What one of the key components is to make your business into something big
On this week’s episode, hosts Matthew Januszek, Co-Founder of Escape Fitness and Mo Iqbal, Founder & CEO of Sweatworks, lift the lid on some of the stories driving the fitness, health, and wellbeing newsfeeds.
Alimanestianu on the Future of Fitness Investments.
Alex Alimanestianu, Angel Investor with significant experience in the fitness and wellness industry, long time CEO of Talent Sports International.
The Impact of Stress Management Technology.
Matthew and Mo are joined by special guest, Anna Gudmundson, CEO of stress management technology company, Sensate.
ukactive’s Vision for Collaboration with the New Labour Government.
Matthew Januszek and Mo Iqbal, Founder & CEO of Sweatworks are joined by special guest, Huw Edwards CEO ukactive.
The Decline of HIIT Training, What’s Next for the Fitness Industry – Ross Campbell.
Beyond Activ is recognized as one of the largest and most influential global networks in the health, fitness, wellness and hospitality industry.
Spirit Gym – Paul Chek’s Ultimate Journey to Holistic Wellness & Self-Discovery.
Paul Chek, the absolute master of corrective and high-performance exercise kinesiology, stress management and holistic wellness has launched Spirit Gym, a concept he is calling ‘his greatest creation yet’.
IDEA World 2024: Fitness Industry Leaders Share Insights & Innovations.
Live from IDEA World Convention and Expo, a major annual event bringing together fitness professionals, celebrities, and industry leaders.
The Retention Guru, Gymtimidation & Psychological Triggers at work in the Gym.
Dr Paul Bedford, the retention guru, researcher, international speaker and fitness industry expert on retention, attrition, and customer experience.