Dave Mortensen

Chuck is the first three innings.

I'm the second three innings.

And then we hire really smart people to finish the last three innings.

You know, there are a lot of different things we did.

So look at 2008.

2008 and 2009 is when we made one of our first major pivotal decisions.

When you think about pivoting, we had a third partner.

And at that time, Anytime Fitness probably had about

We were probably at about 600 clubs open at that time, and we knew we were onto something special.

But Chuck and I, we both looked at each other and wanted to reinvest back into that business because we knew we were a part of something that was bigger than ourselves.

And our third partner...

albeit was in it for one reason.

He wanted to make money, get out and go enjoy life.

So we've found a way to make that happen.

Now to make that happen, believe it or not, Chuck and I took a, if you know anything about 08 or 09, that was the financial crisis at the time.

So Chuck, to buy him out, had to take on a loan for $26 million, right, at 16% interest.

So imagine taking a 16% interest loan on anything.

It's like credit card loans, right?

But we did.

We didn't have to be in it that long.