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Gymshark CEO: How I Built A $1.5 Billion Business At 19! Ben Francis

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Gymshark CEO: How I Built A $1.5 Billion Business At 19! Ben Francis

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3117 segments

0:00

if we go right back to the start

0:02

i had a vision i had an idea and i was

0:04

so passionate about it i just want jim

0:06

sharp to be a truly iconic great brand a

0:08

leader in culture and helps inspire

0:11

people around the world

0:12

that was a period of great

0:13

self-reflection for me what am i bad at

0:15

what am i good at and i decided to lean

0:17

into my strengths in the early days i'd

0:19

have gone i'm introverted shy you know

0:22

and i'm not good at people management

0:23

but i didn't want to identify with those

0:25

things you should be able to look at

0:26

those things and try and solve them

0:28

everything came crashing down around me

0:30

because because there was nowhere to

0:31

hide like that definitely hit me and it

0:33

definitely hurt me and i really felt

0:35

like i was carrying that burden

0:37

honestly just keep trying and keep

0:39

trying and don't be afraid to fail i

0:41

think that's so so so important i've

0:43

never met anyone

0:44

who was genuinely successful that wasn't

0:47

hard working

0:49

[Music]

0:55

ben francis

0:56

the guest that you requested again and

0:58

again and again he is the founder and

1:01

now the ceo of gymshark the global gym

1:05

brand worth billions and billions and

1:08

billions that started right here in the

1:09

uk

1:10

founded by ben who was in his early 20s

1:13

and who is still in his 20s now as he's

1:15

leading the global brand all around the

1:17

world with 900 employees

1:20

this is a conversation i have honestly

1:22

looked forward to for a long long time

1:23

because there is nobody else in the uk

1:25

like ben that has built such an iconic

1:27

company that you see everywhere that has

1:30

maintained its integrity while they're

1:32

still in their 20s

1:35

ben's net worth is probably

1:37

pretty close to or over a billion

1:40

dollars and remarkably

1:42

he's one of the most humble individuals

1:44

one of the most introspective self-aware

1:46

people i have ever met a really good guy

1:50

and if you're someone that someday might

1:52

want to follow in his footsteps or you

1:53

want to build a business or just pursue

1:56

the thing that matters to you the most

1:58

then this is the conversation for you

2:00

i can't wait for you to hear this

2:02

so without further ado i'm stephen

2:04

bartlett and this is the diary of a ceo

2:07

i hope nobody's listening but if you are

2:09

then please keep this to yourself

2:12

[Music]

2:18

ben

2:19

when i look back on my life i only in

2:22

hindsight have managed to start piecing

2:23

together some pieces that have

2:26

enlightened me to

2:28

why i became the person i went on to

2:30

become and why i had the interests and

2:32

skills and all those things and also

2:33

like the insecurities um when i look at

2:37

your early years back in bromsgrove at

2:39

school i started to like connect a few

2:42

dots but i wanted to know in your own

2:44

sort of self-assessment whether you

2:47

you can now see any patterns from your

2:49

early years that you would consider an

2:51

anomaly

2:52

that caused you to become the anomaly

2:54

you are today

2:55

um

2:57

so

2:58

so i i think i had two

3:00

sort of really lucky moments so the

3:03

first one was at about 14 years old i

3:06

think it's about 14. you know when you

3:07

do work experience yeah so everyone just

3:08

sort of work experience at school

3:10

um and the work experience that i did at

3:12

that age was basically with my granddad

3:13

and what my granddad would do is he

3:15

would travel around the midlands um and

3:18

he would lie in furnaces so furnaces big

3:21

ovens basically where you would stick

3:22

airplane parts in it would heat them up

3:24

loosely speaking

3:26

and then what he would do was go around

3:27

and fill them with either ceramic fiber

3:29

or brick so i basically did work

3:31

experience with him did a bit of

3:32

labouring

3:33

and i would be sort of on the sort of uh

3:35

cement mix of the drum and i would

3:36

basically pass him cement or um he would

3:39

teach me to like push in uh ceramic

3:41

fiber or labrix or whatever

3:43

now it wasn't actually the work that was

3:45

important as such other than the fact

3:47

that it did teach me hard work but it

3:48

was more the fact that they were they

3:50

were long days and through those days we

3:52

would have conversations that like to be

3:54

honest in hindsight probably not too

3:56

many younger kids would have been

3:58

exposed to um because it was it was all

4:00

about like the risk that he took in the

4:02

business and the intricacies and so on

4:03

he would just talk to me about that and

4:04

i'd ask him questions and stuff and

4:06

that there was one particular job that

4:09

he did that he told me about and it was

4:11

it was building a furnace to be shipped

4:13

off to germany

4:14

and

4:15

he'd basically risked pretty much

4:17

everything he had on this one particular

4:18

job

4:20

and he told me about all the worries the

4:21

concerns the you know the worries that

4:23

he had in terms of you know keeping you

4:25

know the house for my nan my mom her

4:28

sister

4:29

um

4:30

and at the time it didn't really i don't

4:33

to me it was just a story that my

4:34

granddad was telling me

4:36

but then as i grew up and then i started

4:37

taking business risks of my own i do

4:39

remember thinking oh yeah but my risks

4:41

are nothing compared to his so i think

4:43

that certainly helped and like i said

4:45

just learning that hard work i think

4:46

watching my mom's worked in the nhs my

4:48

entire life she was incredibly

4:50

incredibly hard working i also got

4:52

fortunate at school because i did so i

4:54

did my gcses

4:55

and i wasn't i didn't do particularly

4:57

well i was sort of like a d is student

4:58

sort of like pretty average

5:00

i ended up getting into sixth form i was

5:02

super lucky and one of the classes that

5:04

i took then was a b tech and i t and

5:06

that i don't know if you remember the b

5:08

text you had a levels or b text i'm not

5:10

sure if it's still like that in the day

5:11

and loosely speaking then a levels were

5:13

you'd study you do an exam and b techs

5:15

were course work or practical work

5:18

to do it or tech in a practical way from

5:22

for a btec for me was amazing and that

5:24

was a huge moment because through that

5:25

btec i learned how to use photoshop

5:27

dreamweaver illustrator all of the

5:30

like the nuts and bolts that actually i

5:32

ended up using to build gymshark so

5:35

the combination of learning those bits

5:37

of software alongside the fact that

5:40

watching my grandparents and my parents

5:42

work incredibly hard the risks that my

5:43

granddad took to build his business all

5:46

of those things i think certainly helped

5:47

me when it came to starting up the

5:49

businesses that i started what does that

5:50

say to you about the type of learner you

5:52

are though that it was the practically

5:53

practical yeah yeah and that's been

5:55

evident even today right because i

5:57

remember you saying in a conversation

5:59

you had that um

6:00

one of the real privileges of your job

6:02

is you get to go and learn from the

6:03

experts in your inside of your business

6:06

so

6:07

jim sharp was started in 2012

6:11

and for the first few years it was sort

6:12

of like i mean it was me and a bunch of

6:14

mates basically and my brother came on

6:16

and we sort of started to build the

6:17

business and everything revolved in many

6:20

ways around around myself

6:23

and then as the business started to grow

6:25

it became

6:26

clear to me there was a genuine

6:28

opportunity right and listen we were

6:29

doing well we could do decent revenues

6:32

and so on but there's a difference

6:33

between

6:34

doing well and doing i don't know a few

6:36

thousand pounds in revenue to oh wow

6:38

this this could go into the hundreds of

6:40

thousands or the millions and

6:42

as the business grew

6:43

i then started to realize that i needed

6:45

to surround myself with great people um

6:48

so that that really helped and i think i

6:50

got lucky at the start as well because

6:51

the people that i then surrounded myself

6:53

with helped the business grow so i was

6:54

sort of positively reinforced as well

6:56

from an early age doing that where did

6:58

those people where do those people come

7:00

from i've always wondered this because

7:01

you

7:02

yeah last time we spoke and in

7:04

subsequent interviews you've always

7:06

cited those people like steven who was

7:08

the ceo of jim shark

7:10

and others as being really really

7:12

instrumental and they almost felt like

7:14

they were like

7:15

mentors yes they were yeah so

7:18

how did you join them so

7:20

i'll tell you what happened right so

7:22

and this is this is interesting as well

7:23

so maybe i don't think this is probably

7:24

spoken about enough

7:26

as an entrepreneur particularly of a

7:28

growing business you'll know this as

7:29

well as me

7:30

not only do you have to wear loads of

7:32

different hats on on a daily basis

7:34

but people don't talk enough about the

7:35

fact that during the growth of the

7:37

business you have to completely change

7:39

who you are as a person

7:41

not only because

7:42

you're developing and you're trying to

7:43

improve but because

7:45

the business is a separate entity from

7:46

yourself and the business requires

7:48

different things of its founder or chief

7:50

exec depending on the size of the

7:52

business so in the early days

7:54

and

7:56

i don't know how to put this in the

7:57

nicest way possible but i think i was a

7:59

bit arrogant right it was a bit like

8:01

this is my baby i know where i want to

8:03

take it and i'm going to drag it there

8:05

and i don't i don't really care what you

8:07

say

8:08

because this is my vision

8:10

and that worked to a point right i had i

8:13

had a vision i had an idea and i was so

8:15

and i still am so passionate about it

8:17

and then all of a sudden

8:19

i don't know how this happened i think

8:20

it was just it naturally happened

8:21

through just asking questions i've

8:23

always been quite inquisitive then sort

8:25

of you start surrounding yourself with

8:26

you know with great people and um i

8:29

would i would go to the gym right and i

8:30

would find like a guy called paul who's

8:32

like the business guy and i go and ask

8:34

him questions and stuff and all of a

8:36

sudden when you surround yourself with

8:37

those people you realize this whole

8:38

thing of i don't care what you say i'm

8:40

going to do what i want anyway that

8:41

doesn't work or it works for a period

8:43

and then they disappear so then i

8:45

realized that i then can't be arrogant

8:48

single-minded moving where i want to go

8:50

i need to retain a bit of that right but

8:53

what i need to do is one learn to work

8:55

with people and more importantly learn

8:57

to work with great people so that

8:59

happened and i met paul at the gym

9:01

um and that was just for asking

9:03

questions paul introduced me to steve

9:04

because steve had previously worked at

9:06

reebok um and that sort of fitness

9:08

sports where sort of thing um made sense

9:11

i ended up meeting a guy called niren

9:13

who

9:14

worked in uh like a local company and

9:17

funnily enough actually on that oh um

9:20

i hadn't so i'd met anyone when i was a

9:22

kid i don't know i was like

9:23

13 14 years old or something and then we

9:25

just sort of never kept in touch we went

9:26

to uni and whatever

9:28

and there was a point where i was really

9:30

struggling with something i can't

9:31

remember what it was it was something to

9:33

do with like selling things online and i

9:35

knew that he worked in another

9:36

e-commerce company so i sort of messaged

9:37

him i think was on facebook at the time

9:39

high near and long time no speech you

9:40

might have picked your brain on a new on

9:42

a few things

9:43

he ended up coming in advising us

9:44

greatly and then he ended up joining the

9:46

business so i think

9:48

looking back i think

9:51

one i think i managed to learn the

9:53

ability to really sell the vision of jim

9:55

shark

9:56

but secondly i think

9:58

the single thing was just asking

9:59

questions like i would always just ask

10:01

questions of anyone whether they're in

10:03

the gym and i know there's people right

10:04

there in the gym that i've asked

10:05

questions too that probably rolled their

10:06

eyes and thought oh god here he is again

10:08

but i just want to get on with my

10:09

workout but i was i was that person just

10:12

asking questions i think that's really

10:14

unappreciated about you it's because

10:16

because when i was looking through as i

10:18

was saying like when i was doing the

10:19

research and you're trying to find these

10:20

threads throughout your story this one

10:22

thread kept coming up in my mind which

10:24

was like ben is really like an

10:26

insatiable learner he's always trying to

10:28

learn even in that you did the

10:30

conversation with uh jake humphries on a

10:32

high performance

10:33

and

10:34

at the end of it when he asks you know

10:36

you know about the worst things about

10:37

your role you basically flip it and say

10:39

i'm like the luckiest person on earth

10:40

because i get to learn from the best

10:42

people in the world a lot of people like

10:45

if we think about the impact that being

10:47

like a really keen learner has on

10:49

someone over 10 years

10:51

it's just like an unfair advantage if

10:53

you and then i i reflect on the

10:55

world of warcraft thing as well and i'm

10:58

like connecting these dots i'm like a

10:59

lot of people don't get obsessive about

11:01

world of warcraft where you're building

11:02

and you're learning and you're competing

11:04

tell me about this world of warcraft

11:06

thing because i only saw a couple of

11:07

lines how old i was then i was at school

11:10

i just listened i just loved it i

11:11

thought it was great i loved so the

11:12

three games i loved i loved world of

11:14

warcraft i loved call of duty modern

11:16

warfare and um gears of war and those

11:18

are like the games world of warcraft was

11:20

the one that i think i played for the

11:21

longest period and the thing i loved

11:23

about it was

11:24

it was open world for one it had like

11:26

its own economy in it so you could like

11:28

learn a trade and like you know do

11:30

things sell things on the auction house

11:32

but you were working with people from

11:33

all you were playing with people from

11:34

all over the world you had to learn sort

11:36

of teamwork

11:37

the other thing that was cool about it

11:38

was

11:39

there wasn't really one so you had like

11:41

different like classes of character

11:43

right so one was like a like a warlock

11:45

and one was like a warrior one was like

11:47

strong i had loads of health and could

11:48

protect one would inflict loads of

11:50

damage on the enemy

11:52

the thing there was with teams was there

11:55

wasn't one person or one individual that

11:56

could do everything there was it was the

11:58

group that could do everything but you

12:00

needed like all these different like

12:02

facets it's like the avengers right the

12:04

avengers assemble into this great group

12:06

individually they're not as strong and

12:08

again all these lessons i think

12:09

definitely helped because even when we

12:11

talk about today jim sharp sort of

12:13

leadership team that's the exact analogy

12:15

we use avengers assemble like i don't i

12:17

don't want a you know a chief of product

12:21

who is the most

12:22

wildly intelligent financier or whatever

12:25

or commercial person but knows brand

12:27

like it's useful that they have an

12:29

understanding and respect of those

12:30

things

12:31

but we want a chief of product who's

12:33

really good at cheap of product right

12:35

and then we want a chief of brand who's

12:38

really good at brand and a chief of

12:39

finance who's incredibly good at finance

12:41

and then all those people come together

12:42

to create a team do you notice that like

12:45

at the start of the company like you're

12:47

talking about the requirement of

12:48

specialists there at the start of the

12:50

company

12:52

was that very different at the start no

12:54

to the start if we go right back to the

12:56

start it is literally a case of we need

12:59

a group of ambitious individuals that

13:02

truly believe in the vision and will

13:04

essentially do what it takes to achieve

13:06

that

13:06

and

13:08

there are

13:09

so many corners that are cut along the

13:11

way because you just have to do what you

13:13

can to sort of get by and i think the

13:15

other thing as well as in the early days

13:17

more often than not

13:18

especially if you're sort of they call

13:20

it bootstrapping isn't it when you're

13:21

not sort of borrowing money as such

13:23

you you need to find a way around it

13:26

like if you have

13:27

50 quid to do advertising you work out

13:30

how to advertise with 50 quid there's no

13:32

like oh never mind let's go home you

13:33

just you have to have great problem

13:35

solvers in the business at that stage

13:37

um

13:38

and to be honest the one of the things

13:40

that

13:41

as we move through the sort of nine year

13:43

history of jim shark

13:45

one of the things that i'm what i'm

13:47

proud of myself for doing is being able

13:48

to adapt from that point of view but

13:50

some of the most difficult times have

13:52

been that

13:53

inevitably there are some people who

13:56

can't maybe make that switch from what

13:58

was

13:59

to the future so that's an incredibly

14:02

difficult thing to manage as well and

14:04

that's the sort of thing that like you

14:05

know what you don't go to business

14:06

school or whatever and get and get

14:08

taught how to understand

14:11

where the level of an individual is or

14:13

how to have a certain conversation or

14:15

how to be self-aware enough to know what

14:16

you sh i shouldn't shouldn't be doing

14:18

yeah or where my level is so

14:21

yeah there's a hell of a lot of

14:22

challenges along the way i can agree

14:23

more i always say i've said this on this

14:25

podcast before but i ended up hiring

14:26

like just really ambitious people that

14:29

would like sleep on the floor with me

14:30

that had no experience and then

14:32

obviously as the business scales and as

14:33

you

14:34

said there like the the challenges of

14:36

the business become different and you

14:37

really are looking for experienced

14:38

specialists especially to lead the key

14:39

departments and uh

14:42

i remember that challenge in like year

14:43

three of now looking at the people that

14:45

have been so loyal to me and thinking i

14:47

don't know where you fit yeah anymore

14:50

because we need you know and it's

14:51

heartbreaking but that's where

14:54

you need self-awareness in both camps

14:56

where you can sort of have the

14:57

conversation that says

15:00

like our relationship is our

15:01

relationship and i love you to bits

15:03

however i need to take a step back and i

15:05

need to build this business in a way

15:06

that's best for everyone that is going

15:08

to help grow it so those are the sorts

15:10

of things that i think you can never

15:11

truly be prepared for and it's always

15:13

hard um

15:15

and yeah it was difficult i started

15:18

social team with a co-founder you did

15:20

too as well from what i understand lewis

15:22

yeah um there's very little written

15:23

about why why he's no longer with you

15:26

i'm guessing i'm guessing from what i've

15:27

read that there was just a

15:29

difference in opinion about the future

15:31

and you decided to go your separate ways

15:33

yeah and i think to be fair i think

15:36

lewis was lewis was great right in the

15:38

early days we would we were literally

15:39

inseparable and i think there came a

15:41

point where

15:43

you're right i had my vision and i think

15:44

he had his vision and i just want to be

15:46

clear he's like i don't think one is

15:48

better than the other it was just a

15:50

difference of opinion and to be fair to

15:51

him he had so many other interests in

15:54

terms of investment and property and all

15:55

these different things so lewis

15:57

essentially left in

15:59

[Music]

16:01

i'm gonna say 2014. i could be wrong

16:04

maybe 2015. the business was found in

16:05

2012 i think he left the business in

16:07

2015

16:08

um and then he basically retained

16:11

20 of his shareholding and then in the

16:13

deal that was last year he then sold out

16:16

the rest of that and now he's uh

16:17

investing and doing other things and

16:18

were you friends before

16:20

we yeah we were yeah well so we met in

16:22

that it class that i spoke about so we

16:24

met in it when we were

16:26

16 17 whatever the first year of sort of

16:28

post school is college sussex form we

16:31

met then and then we just went to the

16:32

gym together and then there was a group

16:34

of like six seven eight of us that would

16:37

all go to the gym sort of every day

16:38

together and had you decided who did

16:40

what so were you the ceo and are you

16:42

both ceos was it just no

16:45

that so in the early days that never

16:46

really happened it was just a bit like

16:49

it was a bit like right this is a list

16:51

of things that we need to do let's just

16:52

tackle them as we go there was no

16:54

organization in those days and i think

16:56

as the business then got more organized

16:59

that's when i think that's when

17:02

our vision started to maybe move in

17:04

separate directions could that have been

17:05

why then because there wasn't clear like

17:07

structure at the start that could well

17:09

have been to be fair yeah because that's

17:11

what you need right you need clear roles

17:12

and responsibilities um

17:14

and listen regardless if you don't have

17:16

that it just it just muddies the water

17:18

doesn't it what do you think of of

17:20

having the importance of having a

17:21

co-founder in the role it plays in those

17:23

early stages

17:24

in the early stages i think

17:27

listen i think it's important i don't

17:28

know the stats on how many businesses do

17:31

founded by individuals and not i know i

17:33

know when lewis left in 2014 2015

17:38

the the six months after that was

17:39

difficult not too bad it's not in terms

17:41

of

17:43

the fact that he wasn't doing x y and z

17:44

it was just more the fact that like it's

17:46

just different isn't it and it's this

17:47

whole new world and it's a bit like like

17:49

i then naturally well i i then naturally

17:52

sort of i didn't lean into this as such

17:54

until later on sort of 2018-ish

17:57

i then very much became the face of the

17:59

business in many ways and then it was

18:01

like if people wanted to talk talk about

18:03

the business or to the business then

18:04

they were coming to myself so

18:05

um

18:06

yeah i definitely noticed that and um

18:09

listen and then i chose to obviously

18:11

start pushing that on youtube and stuff

18:12

and then that happened more and more

18:13

going forward

18:15

so talk to me about that so first time

18:16

we met i it was actually on a different

18:18

series i was running at the time called

18:19

like everyday entrepreneurs or something

18:21

and when i met you at jim shark's office

18:23

i did notice that you were very nervous

18:25

very different from home that was about

18:26

2015 wasn't it that was in the early

18:28

days yeah so hopefully you can see the

18:30

change that's happened in me from then

18:32

yeah 20 times differently and that so

18:33

that was the period that was a period of

18:35

great self-reflection for me and that

18:37

was when i was literally going right

18:39

what am i bad at what am i good at and

18:41

what's my choice so

18:43

actually around that point i'd split the

18:44

two out good bad and i decided to lean

18:47

into my strengths i did that for

18:50

about three or four years and then i was

18:52

like right now i'm really comfortable

18:54

with my strengths i know what i'm good

18:55

at now i'm going to lean into my

18:56

weaknesses and i'm going to become good

18:57

at public speaking i don't know people

18:59

management all these other things so the

19:01

yeah when we met

19:03

i was definitely a lot more nervous um

19:06

i i it's so fun because i i literally

19:08

remember meeting you and i obviously had

19:09

this this idea of meeting you this young

19:11

guy has made this killer business

19:13

whatever whatever whatever i was my

19:14

anticipation was that you were going to

19:16

be like

19:17

loud and like really whatever and you

19:19

were so quiet and i could tell you when

19:20

you were nervous about the conversation

19:22

um

19:23

and i would never have guessed that

19:25

you're totally different now yeah and

19:26

which i think is incredible because it's

19:28

just like two for me it's like very very

19:30

different people and it's a testament to

19:31

your growth yeah but i was i was really

19:33

really surprised and i want to share

19:35

that because

19:36

um it i think there is a lot of people

19:40

listening young entrepreneurs or people

19:41

that want to that think you know how you

19:44

are now is how you will be and there's

19:45

no there's no development or

19:48

no and this is the thing where i think

19:49

what what you need to do again even more

19:52

i think i think everyone should do this

19:54

whatever field of work they're in or

19:56

whatever but particularly as an

19:56

entrepreneur because i feel like as an

19:57

entrepreneur everything's just amplified

19:59

right your your wins are bigger your

20:01

losses are larger again um your

20:04

weaknesses are you know are exposed

20:06

because you are exposed to the business

20:08

and the world in many respects

20:10

but what you need to do is you need to

20:11

write down like your character traits

20:13

the best example would be and this is

20:15

one that i'm currently working on right

20:16

is people would be like

20:17

i thought i'm messy or i'm always like

20:19

oh i'm always late i'm messy what am i

20:21

like and it's a the conversation for me

20:23

is a bit like okay you're messing you're

20:24

always late but those things should be

20:26

up for grabs right you should be able to

20:28

look at those things and go don't roll

20:29

your eyes and say that's just me because

20:31

it's not or it doesn't have to be

20:33

because if i'd have done that in the

20:34

early days i'd have gone i'm introverted

20:37

shy not good in front of cameras

20:39

terrible at public speaking and i'm not

20:40

good at people management

20:42

but i didn't want to identify with those

20:44

things i didn't want to say ben is that

20:46

because i didn't want to be that and i

20:47

think everyone if you can somehow i i

20:50

don't i think i was lucky because i was

20:52

surrounded by great people right

20:54

so

20:55

it's definitely easier said than done

20:57

but if you can try and not identify with

20:59

those things those parts of yourself

21:00

that aren't maybe ideal

21:03

and you can again look at them in a

21:05

logical manner as you would any other

21:07

problem in life and try and solve them

21:09

so i'm not good at people management

21:11

fine who's the best person i know that

21:12

is i'm going to go and chat to them i'm

21:14

going to pick their brains or even

21:16

better i'm just gonna watch them

21:18

because some people learn from just

21:19

watching some people learn just by

21:21

watching and so steve for example who's

21:22

the who was the ceo at jim sharp

21:24

previously

21:26

we didn't have that many

21:28

steve teach me how to people manage

21:30

steve teach me how to public speak like

21:32

we didn't really do that but by him

21:34

doing it i just watched him and i

21:36

understood the traits or the things that

21:38

he would do

21:39

that helped him be great at that and

21:41

then i just basically learned them and

21:42

tried them and tried them and tried them

21:43

and eventually got

21:45

reasonably good at doing those things

21:46

one of the things linked to that that i

21:48

always say is um there's no

21:49

self-development without self-awareness

21:51

and like i i still to this day i've

21:53

spoken to a lot of people on this

21:54

podcast i have no idea how you make

21:57

someone genuinely self-aware and when i

21:59

was and when you're talking there about

22:00

sitting down and writing a list of my

22:02

goods and bads

22:03

how do we know that our own like

22:05

delusion and our ego isn't writing that

22:07

list on our behalf i mean you could ask

22:09

someone else to do it the the first

22:11

really the time it hit home for me and

22:14

it was like a

22:15

ton of bricks on the top of my head was

22:17

i did a 360 feedback so anyone that

22:20

doesn't know what a 360 feedback is you

22:23

this i could i'm sure you can find it

22:24

online if you google it but basically

22:26

you ask the people around you to

22:28

describe you and it like prompts you as

22:30

it goes so ben is i don't know x y and z

22:32

those people fill it in anonymously then

22:35

it comes back to you and you have this

22:36

like thick bot of paper that basically

22:38

fully describes yourself

22:40

and i actually did this in it was around

22:42

when we met so around 2015 and i had it

22:45

and i printed it off and i read it and i

22:46

was so

22:48

upset and annoyed and i remember

22:50

thinking this is not me

22:52

and i took it home that night and i it

22:54

was just um erratic hot-headed arrogant

22:59

um poor manager all these things from

23:01

your employees yeah

23:03

and it's one of them like the so the

23:04

first thing and completely natural is

23:06

who said that i'm gonna find him right

23:08

that's the first thing now fortunately

23:10

it's anonymous you can't do that and

23:12

that would be terrible anyway but then i

23:13

read it i took it home

23:15

um left it on the side and i think i

23:16

don't know what i've done i've gone to

23:17

the gym or whatever else now my other

23:19

half who's now my wife ended up reading

23:22

it and i'd come home and i'd seen her

23:23

literally just finishing it on like the

23:25

last couple of pages and i was so angry

23:28

right i literally grabbed it off and i

23:29

said mine don't read it like it's not

23:31

even me anyway is it like left her alone

23:33

and we carried on with that day and then

23:35

like later on she was i said um i said

23:38

the same i said

23:39

that was a load of rubbish wasn't it

23:41

that's nothing like me

23:42

and then she said

23:44

she said that's the most

23:46

you

23:47

thing i have ever read and then it was

23:49

like that was it it was like i i didn't

23:52

even say anything i just i remember like

23:54

everything came crashing down around me

23:55

because because there was nowhere to

23:57

hide like she knows me more than anyone

24:00

and like i can kick and i can scream and

24:02

i can say no it's not true but in my

24:04

heart of hearts i knew it was true and

24:06

that was the moment i realized i have to

24:08

change i have to improve i have to

24:10

develop and if you're talking about

24:11

becoming self-aware

24:13

i think that was my moment

24:15

so incredibly true how our partners know

24:17

us yeah

24:19

and they they can be the most hurtful

24:20

but as you said completely accurately

24:23

said they're like my girlfriend said

24:24

something to me i might on the surface

24:26

be like oh yeah but then i go back to my

24:28

room and i'm like oh my god like

24:31

once your egos had like a couple of

24:32

seconds to chill so

24:33

you get this list of feedback i remember

24:35

doing the 360 thing with my team as well

24:37

um and i remember the same feeling like

24:40

who the [ __ ] said that like and trying

24:42

to work it out like looking over looking

24:44

at everybody like i know it was you yeah

24:46

it's my assistant um so you get that

24:48

list of things back and you can see

24:49

areas where you need to improve and you

24:50

agree you say okay right i'm going to

24:52

start listening what happens like how do

24:53

you go about improving on those things

24:55

because a lot of them are so like deeply

24:56

ingrained in you from

24:58

decades of your childhood or whatever

25:00

and

25:01

especially when you're a winner when

25:02

you've been successful in

25:04

one thing it validates you it almost

25:07

appears to be like validation of

25:08

everything so what do you do then what

25:10

do you do next yeah you're right so

25:12

that's the dangerous thing and i think

25:13

that's why i was so fortunate because

25:15

jim shark for the most part not entirely

25:18

had been very successful until that

25:20

point so it was difficult for me to go

25:23

well wait a minute i can't be that bad

25:24

right but yeah i think the the thing

25:27

with robin where she literally put it on

25:28

me that that was the moment um so what i

25:30

did then and i was actually watching it

25:32

was a garyvee video that i was watching

25:34

actually so what i did

25:35

was i had

25:36

the weaknesses which

25:38

were both self-defined but defined by

25:39

other people

25:40

i also have my strengths because by the

25:42

way that com your strengths come back

25:43

with a 316. no one reads them you only

25:45

look at the weaknesses right but there

25:46

is a list of strengths in there

25:47

somewhere

25:48

um and i realized that my strengths

25:51

particularly at the time were

25:53

around creativity around product around

25:55

brand around marketing around

25:56

understanding the industry the customer

25:58

and so on

26:00

so i was you know i was mulling the idea

26:02

do i work on my weaknesses do i focus on

26:03

my strengths

26:05

and to be honest i don't really know the

26:06

answer to what the best way of doing

26:08

this is but i decided through i think it

26:11

was a gary video to focus on my

26:13

strengths and i said right you know what

26:14

i'm going to do i'm 20 whatever it is 3

26:17

24.

26:18

i'm

26:19

purely going to focus on my strengths

26:20

now and that's when i went into a brand

26:23

role a product role a marketing role

26:25

everything that was front end and

26:27

creative at gymshark i completely lent

26:29

into that was when steve came into the

26:31

business steve became the ceo so i was

26:33

sort of like the responsibility of maybe

26:35

some of the week the areas i was weaker

26:36

at finance ops management that was then

26:39

like moved away from me and i purely

26:41

completely innocently focused on that

26:42

that was your decision yeah it's a

26:44

pretty amazing decision

26:46

it was heartbreaking as well because

26:49

again it's one thing moving yourself out

26:52

of a role it's another thing moving

26:54

someone then into that role who does it

26:55

really good um and like i'm looking at

26:57

them i'm like you're way better than me

26:59

and i just have to like know that

27:01

and make honestly i think i use that as

27:03

motivation to one day be as good as that

27:05

that was the that was the inspiration i

27:07

think maybe because

27:08

i was young i knew i had time and i

27:10

think that helped um but it was

27:12

heartbreaking because the other thing as

27:14

well is that doesn't mean to say

27:16

exclusively everything steve did for

27:18

example i thought was right it just

27:20

there was things that he did well i

27:22

thought

27:23

maybe i wouldn't do that or i would

27:24

think differently and sometimes he would

27:26

be right and sometimes he would be wrong

27:28

but

27:28

what i can't do and this is the weird

27:30

balance right because i'm founder

27:32

and i am like a majority shareholder of

27:35

the business so ultimately i have

27:37

control of the business

27:38

there's no point in me putting him a ceo

27:40

and then just overall in what he says

27:41

he's in the ceo because he's the best

27:43

person for the job and i have to trust

27:44

his judgment and opinion and

27:46

and it's that weird balance of that and

27:48

i never and i never have to this day

27:50

played what we'd call like the

27:51

shareholder card i've never come in and

27:52

gone

27:53

this is the way it's going to be just

27:55

because

27:56

so yeah then i was fortunate enough to

27:58

watch steve learn from steve and and

28:00

that really helped him

28:02

and this was the beginning i think of

28:04

the period where i was sort of becoming

28:06

a ceo because

28:08

i i started off as the chief of brand

28:10

right so the business was smaller at

28:12

this stage i can't remember the the

28:13

exact size or say 20 30 million in

28:16

revenue maybe

28:17

and i managed the creative the imagery

28:20

the videography the

28:22

athletes and sponsorships and all these

28:24

different things the events

28:25

and that was cool because i just

28:27

i got a real detailed understanding of

28:29

all those things like really detailed i

28:31

was in the nuts and bolts of everything

28:33

um funnily enough it then happened again

28:35

a guy called noel came in who was way

28:37

better than me

28:38

and he came in as the chief of brand so

28:40

again i'm sort of left a little bit high

28:42

and dry i was ceo now i'm not chief of

28:44

brand now i'm not um you brought him in

28:46

as well yeah so he actually came in and

28:48

reported into me but it was clear within

28:50

uh i don't know a year or so that he was

28:52

better so

28:54

i vacate the seat he comes in and he's

28:55

done a great job since

28:57

then i think after that i did i think it

28:59

was product for a little bit

29:01

which was great fun oh sorry i did

29:02

marketing which was great for the

29:03

marketing is all that's what it says in

29:05

the tin right all the marketing all the

29:07

ads you see online everything that comes

29:08

with that and that was great fun and i

29:10

learned a lot there i traveled the world

29:12

i spent time with facebook google's all

29:14

the partners like that and i learned a

29:15

hell of a lot there did you feel a bit

29:17

lost at this point

29:18

um because having gone from ceo to brand

29:21

to marketing typically when an employee

29:24

in my company does that i i tend to get

29:26

the impression that they kind of know

29:27

that me being moved around a little bit

29:28

like a chess piece and it's like they

29:30

don't feel like they ever fully own

29:32

something or that yeah so i've had that

29:34

but i've had i had that for five or six

29:36

years because then then it was it was

29:37

brand into marketing into product there

29:39

was tech for a little bit um

29:42

i've moved around a lot so this this

29:45

ceo role

29:47

is it's the first genuine home i've

29:49

found since sort of running the business

29:51

back in 2013 2014 and and why why why

29:55

did you so you've recently announced

29:56

that you're now the ceo i think it's

29:57

been roughly about four months yeah

29:59

since you uh

30:00

you kicked steve out and

30:02

evaded

30:03

evaded the office and slammed the

30:05

shareholder card on his desk and told

30:06

him to do one i'm joking um but

30:09

since you've sort of regained your

30:11

position and

30:13

made the decision with steve

30:14

um that you wanted to do the role again

30:16

yeah what was the thinking behind that

30:18

because a lot of founders when they own

30:20

the business it's doing really well it's

30:22

flying they know that they're in terms

30:24

of the financial ins incentives they're

30:26

going to do just fine and they can have

30:27

a really easy life and i've seen it

30:29

happen they just step back yeah they

30:30

just tiptoe out the door and let other

30:32

people do the hard graft why did you

30:34

want to step back into the hardest role

30:36

of all so first and foremost

30:38

i think like i said i've done all these

30:40

roles and i've built up to a point where

30:41

i

30:42

sort of thought i won't be able to do it

30:43

and i think the fact that so steve came

30:45

to me two years prior to coming to the

30:46

job and he said if you almost like i

30:49

think you can do this so that was a huge

30:50

vote of confidence because we'd had this

30:52

wasn't like an overnight thing right

30:53

this was a two-year build up from the

30:55

first conversation steve had to me

30:57

that's and his conversation was i think

30:59

i've taken the business to a point

31:01

where i can which is which was great uh

31:04

that he would be so honest and open

31:05

about that and then we had a two-year

31:07

period of okay like

31:09

are we gonna bring someone in from the

31:10

outside or ben are you gonna be able to

31:13

do this role and you know again similar

31:15

to what i did in 2015 is these are the

31:17

things that i now need to do to be good

31:18

enough to do in that role um so there

31:20

was a long almost warm-up handover

31:23

whatever you want to call it to that

31:24

now

31:25

the other thing i would say is the

31:27

business today is a very different place

31:29

to where it was like i don't know what

31:31

the numbers are but prior to steve we

31:33

were maybe 30 30 employees now we're

31:35

900. we were one office in the midlands

31:39

now we're several offices around the

31:40

world so it's a very very different

31:42

place

31:43

but

31:44

doing the chief of brand when the

31:45

business was this big and then product

31:47

at this big they're markets in it this

31:49

big and tech and so on

31:50

having the intricate understanding of

31:52

those areas not every area of the

31:53

business but many of the areas has

31:56

really helped as well one of the things

31:57

you said is that your link to that is

31:59

i'm scared of being someone that can

32:00

only just start the business and not run

32:02

it

32:03

yeah what do you mean by that i

32:06

so i i'm this i'm so proud of the fact

32:08

that i've found a gymshark i am it's

32:12

it's it's so great

32:14

but i don't want

32:16

i don't want it to be a bit like ben

32:18

founder of the business and that's all

32:19

he did like i want to do way more than

32:21

that and for me with my personality and

32:24

the way i'm built it's i think it's a

32:26

it's a bit it's a far bigger challenge

32:29

for me to run jim shark at the scale it

32:31

is now as a chief exec than it is to

32:33

start the business right

32:34

like there are so many business that

32:36

businesses that are started that die

32:38

after year one after year two after year

32:40

three after year four and five for me

32:42

i'm proud of the fact that i founded the

32:44

business i'm proud of the fact that i've

32:45

worked in the chiefs roles

32:47

but to be

32:49

in the front seat in the ceo

32:51

role a business like jim sharp moving

32:53

forward is one is the most exciting

32:55

thing in the world for me it's the

32:57

biggest challenge that i could possibly

32:59

like go for

33:01

and like for me that's exciting like i

33:03

want to aim

33:04

high both for the business but also

33:06

personally for myself as well and like

33:08

you said at the start i love learning

33:10

that doesn't mean i sit there reading

33:11

books 24 7 but i love learning and being

33:13

amongst it and there's no better role

33:15

for that

33:16

but the

33:17

apparent downside to that role is that

33:19

you then the box stops with you yeah

33:21

which means when there's problems when

33:22

there's crises they stop with you and

33:24

you could sail off into the distance

33:26

you'd get a really big boat with your

33:28

shareholding uh in the company and you

33:30

could just relax and just maybe

33:32

you know chill out maybe even invest in

33:33

some stuff and you know you and robin

33:35

can have a great life yeah why not

33:38

because it's like you're choosing

33:40

stress and long hours and busyness over

33:44

um

33:45

i think robin probably asked me the same

33:46

question regularly if i'm honest um

33:49

i genuinely love it i love the people

33:51

that i work with and you're right there

33:52

i i do not have to do this job there are

33:55

there is no two ways about it

33:57

i do it

33:58

purely because i absolutely adore it and

34:00

i want to challenge myself and i want to

34:02

be the best version of myself possible

34:03

when i have genuine ambitions to be a

34:07

great chief exec of this business one

34:09

day i don't think i'm anywhere near

34:10

there now

34:12

and it's a bit like you know someone has

34:14

to be a great ceo in five 10 20 years

34:16

time so why not me and

34:18

i'm always ambitious on behalf of the

34:20

business more than i am myself right so

34:22

i'll always put the business first

34:24

because it is my baby and i've been

34:26

there from

34:27

so in the close in the early days going

34:29

to the first events like looking at

34:30

having no money in the bank because of

34:32

the risk that we've taken so the

34:33

business for me always comes first and

34:34

the people within the business always

34:36

come first but personally i'm also

34:38

ambitious for myself as well

34:40

who is um hurricane ben hurricane ben

34:43

that would have been the

34:45

the ben that would have been described

34:47

prior to my 360 feedback so that i'll

34:48

give an example right so there would be

34:50

a

34:52

particular product that i didn't like

34:54

and my opinion would be just direct

34:57

brutal and probably not take into

34:59

account other people's feelings or

35:00

thoughts and that's not to say that

35:03

everything that you should do in

35:04

business should always be

35:06

you know stepping around people's

35:07

feelings because i definitely don't

35:08

think that's the way but equally like

35:10

don't be a dick and there was definitely

35:12

times in the early days when i was a bit

35:14

of a dick

35:15

and you and so what happens now in terms

35:17

of how have you learned not to be a dick

35:19

uh learn to give feedback

35:21

examples with feedback empathy

35:24

understanding why people do certain

35:25

things

35:26

like understanding the fact that like

35:28

you know no one is perfect certainly not

35:30

me nor anyone and

35:33

pretty much

35:35

never have i seen someone

35:38

go out of their way to like damage the

35:39

brand like people are doing things for

35:41

good intentions no one's designed a

35:42

product in a particular way because

35:44

they you know they want to see the brand

35:46

negative negatively affected no one's

35:48

posted on social or done something in

35:50

particular because they want to see the

35:51

brand negatively effective it's

35:52

essentially a difference of opinion so i

35:54

think

35:55

like understanding that and being aware

35:57

of it whilst i'm giving feedback i think

35:59

it's important what i'm in your because

36:01

i have this a lot as well what are the

36:02

some of the character traits you see in

36:03

people that work with you in in your

36:05

organization that you

36:07

you don't like so don't lie you don't

36:09

like so if you because because if if i

36:11

asked my team if i said to them what are

36:13

some of the things that steve doesn't

36:14

like from in terms of character

36:16

perspective okay

36:17

they would they would know i feel like

36:19

they would know because

36:20

and so to be fair i don't get too much

36:23

of this but i just don't want people to

36:24

agree with me because like i want to be

36:26

challenged all the time like for me

36:28

we want the best outcome i don't care if

36:31

it's my opinion or your opinion i want

36:32

the best outcome and if my idea is crap

36:35

tell me it's cool it's fine i will not

36:37

take it personally so i don't want

36:39

people i don't want like you know the

36:40

whole thing of a yes man yes person

36:41

whatever you want to call it i think

36:46

it's not to say that i don't like it but

36:48

i know that individuals that really

36:49

struggle with change don't tend to do

36:51

well at companies like jim shark if you

36:53

just want

36:54

a nine to five that is going to be

36:56

consistent and stay the same then it's

36:57

definitely not the right place for you

36:58

because it's so rapidly changing not

37:01

only because of the business itself but

37:02

because of the world that we're in like

37:04

10 years ago facebook was only small

37:06

snapchat didn't really exist

37:08

instagram barely existed

37:10

um shopify was very small like the

37:13

ecosystem in the world that we play in

37:15

was completely different so change as

37:17

well i think is important

37:18

yeah i can completely agree and uh i've

37:21

i've heard a few of your friends and

37:23

people within your team describe you as

37:25

being a bit of a perfectionist as well

37:26

in terms of having a high sort of

37:28

attention of detail is that do you

37:31

consider yourself to have to be a

37:33

perfectionist

37:35

i don't know

37:36

i don't think so i definitely don't have

37:38

a massive attention to detail i've got

37:40

the attention span of a nat really um

37:43

i try if if it's something that's really

37:46

i don't know something that just like

37:48

aligns with me then i'll i can obsess

37:50

over it for months on end um

37:52

if it's something i don't find

37:53

particularly interesting i have to use

37:55

every ounce of strength of every cell in

37:57

my body to remain focused on it like i

37:59

find that really difficult

38:00

i don't know if i'm a perfectionist i'm

38:02

probably not the best person to comment

38:03

on that i wouldn't say so i don't i

38:05

don't look like a perfectionist i'm a

38:06

bit scruffy and i you know i sort of

38:08

that's interesting meander

38:10

for those that can't see ben now he's

38:12

wearing his um it's all jim shark right

38:14

other than the shoes right yeah exactly

38:16

that um and you wear this outfit a lot

38:18

yeah

38:19

you pretty much look pretty the same

38:20

every day yeah why

38:22

because speed efficiency just simple no

38:25

messing around i don't have to sit and

38:26

think about i don't know what am i going

38:28

to wear today or i don't know anything

38:30

like that it literally just goes if it's

38:32

simple comfortable and i like it one of

38:34

the things you've started recently as

38:35

well as your vlog online um

38:38

and if we go back to when i that day

38:39

that i first met you and i i could tell

38:41

that you you know you were nervous in

38:42

that context and the guy you are today

38:44

two questions for you yeah um

38:46

did you did you do some sort of um did

38:49

you have professional support in

38:50

developing your ability to speak so

38:53

fluently and articulate your ideas so

38:54

well

38:55

um and then we'll move on to chatting

38:57

about why you're doing the vlog so i so

38:59

there's two things so public speaking

39:02

one in front of a camera two in front of

39:04

an audience or whatever you want to call

39:05

it to uh

39:06

to a group

39:08

i found those as two very different

39:10

things

39:11

and it's weird right because if i so

39:12

steve would be great in front of an

39:15

audience or struggle in front of a

39:16

camera

39:17

i was fortunate my other half robin was

39:19

a youtuber so she's brilliant in front

39:20

of a camera and she taught me how to

39:22

work in front of a camera basically not

39:24

through

39:25

uh i don't know i don't know it was just

39:27

through brute just keep going keep going

39:29

stick it for a camera in front of me the

39:31

first vlog she recorded and edited the

39:32

whole thing

39:34

um so she taught me how to sort of work

39:36

in front of a camera

39:37

i did have public speaking lessons

39:40

and that was massively life-changing for

39:42

me and the um going back to that list of

39:45

of things by the way when i said about

39:47

these are the things i'm good at these

39:48

are things i'm bad at one of those

39:49

things was public speaking

39:51

um and this is why i'm such a massive

39:53

advocate of making a list right because

39:55

public speaking was one of the many

39:56

things on my list which was a weakness

39:58

but i didn't then immediately go and

39:59

draw out a plan i just had that list and

40:01

i said i know i think i had it as my

40:03

wallpaper on my phone public speaking is

40:05

something i'm bad at

40:06

and then i was at an event or something

40:08

i remember what it was i think there was

40:10

an event at gymshark

40:11

and i'm chatting away to people chatting

40:12

away chatting away and said hello i'm

40:14

ben how are you have a great day you

40:16

know what do you do

40:17

and someone said i'm a public speaking

40:19

coach and then all of a sudden i've gone

40:21

boom light bulb i'm terrible at public

40:23

speaking you're a public speaking coach

40:24

i was like can you teach me

40:26

and and that's literally how it happened

40:28

but if i hadn't have sat there done that

40:29

work and written it down

40:31

it probably would have gone gone on

40:32

right i probably would have said okay

40:34

enjoy your day i'll see you soon it's

40:35

lovely to meet you and then i had public

40:38

speaking lessons i did i did actually um

40:41

shopify actually put me on a public

40:42

speaking sort of camera thing which was

40:44

cool then i did some here back in the uk

40:46

and just slowly worked it and and then

40:49

the thing that really helped me was just

40:52

and i wouldn't probably do this now due

40:54

to time but he was just saying yes to

40:56

things just saying yep i'm gonna do it

40:57

and you know what i'm gonna make a fall

40:59

on myself i'm sure there's some footage

41:01

somewhere of me

41:02

sweating and shuffling around a stage

41:04

somewhere like falling over my words and

41:06

being terrible at it but

41:08

you know that's just a necessary evil to

41:09

get get good at

41:11

anything really what did the public

41:13

speaking lessons was there like key

41:14

principles or key exercises that that

41:17

you felt actually moved the needle for

41:18

you was there anything there that maybe

41:20

someone listening to this that's a

41:21

really bad speaker might

41:22

be able to steal

41:25

there's a um there's a few bits so

41:26

there's one that that they told me and

41:29

there's a there's a quote i've said

41:30

online i think it's a winston church or

41:31

quote whether it is true you know you

41:33

see all these quotes and whether or not

41:34

they're true or not there's one where he

41:36

it says um i'm just preparing my

41:38

impromptu remarks which is like

41:40

obviously impromptu remark is a quick

41:42

sort of like thing that you've sort of

41:43

made up on the spot

41:44

and that really stuck with me because

41:46

then i know a lot of other people do

41:48

this as well is when we're talking about

41:50

a particular subject now i'm fortunate

41:51

because i've i've done so much of this

41:53

i've got like all these different

41:54

sentences and phrases and things that i

41:56

can draw on but in the early days it's

41:58

like so ben you're going to talk about

42:00

you're going to publicly talk about the

42:01

jim sharp story

42:02

now historically even though i knew the

42:03

gym shot story inside out because i was

42:05

there um i'd struggle with that so what

42:07

i do is i prepare phrases sentences

42:09

words reminders in my head so if someone

42:12

said i don't know talk to me about the

42:13

first event it would just sort of roll

42:15

off the tongue and granted i probably

42:17

wouldn't do that any anymore

42:19

but in the early days that got me over

42:22

that hump of that nervousness that frog

42:24

in my throat i don't know where to start

42:25

because that's the main thing is once

42:26

you've started it's fine right it just

42:27

goes but even just having that first

42:29

sentence of oh the first event was body

42:31

power and we did this and this and this

42:32

and then it yeah that that really helped

42:34

me that's so funny because that's

42:35

exactly what happens from practice isn't

42:37

it you'll know that now just go back to

42:39

it exactly i you know when i i do a lot

42:41

of interviewing interviews and stuff too

42:43

and there's like keywords trigger story

42:45

so if you said to me um

42:47

rejection i'd be like oh yeah you know

42:50

and then it's just the same old and that

42:51

and that's so funny because that's

42:52

ultimately what you're saying you're

42:53

yeah and coaching so yeah so first and

42:55

foremost preparing impromptu remarks

42:57

whatever you want to call it prepare

42:58

stories prepare things like make sure

43:00

you're well prepared and generally you

43:02

want to

43:03

if you're not very good at it like for

43:04

me i had to over prepare i had to

43:06

prepare you know this many things for a

43:08

conversation that was this long

43:10

um and then the aim of that is to become

43:14

comfortable that's the main thing and

43:15

that was really that was the biggest

43:17

difficulty for me become comfortable so

43:19

now i'm super fortunate you could put me

43:21

on a stage in front of a thousand people

43:22

and i would i mean it'd be a bit

43:24

peculiar if i wasn't prepared but you

43:25

know i'd be fine i'd be comfortable

43:27

because then once you're comfortable

43:28

what you do is you buy yourself time so

43:30

then if we're on stage and you asked me

43:31

a question five years ago i'd probably

43:33

like panic and answer as quickly as i

43:35

can with whatever

43:37

whereas now

43:38

i'm gonna process it think about it and

43:41

then come back with a response because

43:42

i'm comfortable and like i think the

43:44

stages to all different types of

43:46

learning and that was it for me one

43:48

preparation once i'd done that i'd

43:50

learnt to be comfortable and then i

43:51

learned about you know different things

43:53

as i go on and you know so this has led

43:56

you to now because you know what you're

43:58

i watched your videos back then and

44:00

maybe this is why i was surprised when i

44:01

met you because you're on your videos i

44:03

genuinely thought you were amazing you

44:05

could take ten thousand hundred and

44:07

twenty three that's why yeah i watched

44:09

your videos on youtube i was like this

44:10

guy's an unbelievable speaker oh no and

44:12

then i met you in person and it wasn't

44:13

that you're about like he's a shuffling

44:14

mess no it was so the crazy thing is you

44:16

weren't a bad speaker and your stories

44:18

were amazing but it was i could just

44:19

tell you were nervous yeah and that was

44:21

and that's what you were speaking today

44:22

about being comfortable

44:24

some people are just naturally

44:25

comfortable and that's and that's cool

44:27

and i think that but that's the main

44:28

thing and i do think for whatever reason

44:30

i think it's probably maybe we're not

44:31

taught it maybe it just doesn't feel

44:33

natural

44:34

if you can and by the way if you can

44:36

speak publicly if you can speak to

44:38

cameron if you can speak to groups

44:40

that is so powerful

44:42

so powerful it's untrue

44:44

why should you drink fuel we're going

44:46

into the fourth quarter of the year

44:48

diets are dropping off we're becoming

44:49

lazier and lazier and what tends to

44:51

happen when when our diets dip and we we

44:54

start to become less um compelled to go

44:56

to the gym

44:57

is yeah we get out of shape we start to

45:00

feel low energy we start to binge eat

45:02

bad things and fuel is the antidote it's

45:05

nutritionally complete so you get

45:07

everything you need for your diet in a

45:08

drink you get your 20 grams of proteins

45:10

you're going to get your 26 vitamins and

45:12

vitamins and minerals

45:13

it's low sugar high in fiber it really

45:16

is the cure to a lot of the health

45:18

issues that we see in our personal lives

45:20

but in wider society if you've never

45:22

tried it all i'll ask you to do is give

45:24

it a try and if you like me then you

45:28

will like the world berry ready to drink

45:31

you'll like the mac and cheese which is

45:32

just selling like absolutely crazy

45:35

unsurprisingly um

45:37

you like the cinnamon

45:39

and you like the banana flavor those are

45:40

my recommendations i know a lot of

45:42

people love the chocolate flavor

45:44

let me know try it get yourself healthy

45:47

and send me a message on instagram tag

45:48

me on instagram as well on your stories

45:50

if you do try it out because i i

45:52

sometimes upload those tags

45:54

and let me know which is your favorite

45:55

flavor can't wait from you

45:57

you now run

45:59

what was voted i think 2016 2017 one the

46:01

fastest growing company in this country

46:03

it's still one of the fastest growing

46:04

companies in this country it's worth

46:05

billions and billions and billions

46:07

um and you've decided that you're going

46:10

to vlog inside the company this is not

46:12

what ceos do ben

46:14

they don't you don't see them you never

46:16

get to

46:16

you know like think about all the big

46:18

companies it's very controlled pr yeah

46:20

why why do you think that matters

46:23

because if we go back to

46:26

me on the inside working with my grandad

46:29

and being able to learn about those

46:32

stories that eventually

46:34

led to in many ways the gym shot we see

46:36

today

46:38

i think

46:40

i would love to be able to provide that

46:42

to other people around the world

46:43

particularly here first and foremost it

46:46

can be done right so you can start a

46:48

business

46:49

in the uk whatever in in this world

46:52

online and it can become a unicorn in

46:54

under 10 years and if you don't want to

46:57

you don't have to go and borrow a load

46:59

of money you don't have to highly

47:00

leverage yourself if you're a problem

47:02

solver you're open-minded and you're

47:05

self-aware it can be done and i think

47:07

one that i think that's the first sort

47:10

of like step for me let me come at that

47:12

one then because i know because i i know

47:14

what people are saying they're saying

47:16

ben no that's you know it's called good

47:17

or well and good you saying that because

47:19

you've done it but

47:20

i can't i can't do it i'm i don't know

47:23

what you know and i'm uh i don't you

47:25

know i don't know anything about

47:27

computers and

47:28

it's all well and good you saying that

47:29

but you were this is what people say

47:31

because they said to me well you were

47:32

lucky you know you're timing and

47:34

by the way i was incredibly lucky

47:36

massively lucky you're good and that

47:37

would be completely right

47:39

um

47:41

and listen i would completely understand

47:42

that but

47:43

for the for some that want to

47:46

then that to me is is a proof of when it

47:48

can be done now

47:50

i am

47:51

very well aware of the fact that i was

47:53

very lucky one in the people i've met

47:56

two in terms of timing so fitness was on

47:59

the up right in the early 2000s all over

48:01

the news was obesity right to rise in so

48:03

fitness was on the up because people

48:04

were encouraging people into the gym and

48:06

fitness um

48:07

direct to consumer came out of nowhere

48:09

people were more comfortable in the sort

48:11

of 2010s than ever buying things online

48:13

right in the early 2000s

48:15

people were weren't that comfortable

48:17

buying online from a company they had

48:18

never heard of let alone one from right

48:20

another country abroad but number three

48:22

we had social media those three forces

48:26

converging at the point where jim sharp

48:28

was founded

48:30

is completely and utterly look and i do

48:32

understand that but i'm also aware of

48:34

the fact that there's loads of those

48:35

things happening elsewhere in the world

48:36

right now that you know probably aren't

48:38

being completely taken advantage of

48:41

so

48:41

i am aware of the fact that it's luck

48:43

but i also think as well in me doing

48:45

this i'd like to think that regardless

48:47

even if you don't want to start your own

48:48

business which by the way is completely

48:50

cool like and i'd probably say in many

48:52

respects that's probably a good idea

48:53

because it is very difficult to do this

48:56

um

48:57

i still think there's lessons that can

48:58

be learnt and i love the thought of

49:01

people being able to take something away

49:02

from the gymshark story and create

49:04

something called of their own

49:06

it also gives you this weird type of

49:08

defense

49:09

because you can see that so many ceos

49:11

have been attacked because they are in

49:13

essence i think what we're talking about

49:14

here is being like a glass box ceo or

49:17

the old model of being like a black box

49:19

ceo yeah where your image is painted on

49:21

the outside by your marketing or pr

49:22

people and no one ever gets to really

49:24

know you'll see inside you've taken this

49:26

really glass box approach where if

49:28

someone writes something bad about you

49:30

ben i can like well i've seen 65

49:32

interviews of him and i've seen his vlog

49:34

so i have my own reference point to know

49:36

that that's actually not him and some

49:38

ceos out there like elon and these

49:40

really public ones have that and then

49:42

zuckerberg hidden a k for the last 10

49:44

years and in 2019 he announced that he

49:46

was finally going to start doing

49:47

interviews because of how everyone just

49:49

thought he was this emotionless robot

49:50

because that's what the press said yeah

49:52

um and it is this this incredible

49:54

defense mechanism that i don't think

49:55

people really appreciate

49:57

yeah and i think i can also empathize i

50:00

mean listen what zuckerberg has done is

50:02

like on a completely other world to what

50:04

any pretty much anyone else has done

50:06

certainly myself um but in the early

50:09

days of gymshark i didn't want to be

50:10

clustering myself on social media by the

50:12

way i didn't want to be on youtube i

50:14

wanted to just knuckle down and focus on

50:16

building the business because remember i

50:18

didn't know what it would be at that

50:19

point

50:20

it was only when

50:22

people started asking for that that i

50:24

then decided to do it so i do also

50:26

understand the idea of just knuckling

50:28

down and focusing on what you're good at

50:29

but you're right the problem that comes

50:30

with is

50:32

other people get to control

50:34

the rhetoric or the language or the

50:36

description of yourself and we're seeing

50:38

that in the uk a lot of big companies in

50:40

the uk that are being attacked at the

50:42

moment

50:43

you don't know whether the articles are

50:44

true because you don't know the person

50:46

they're talking about and um that's why

50:47

i literally have a picture in my office

50:50

over there reveal on smoking's uh joint

50:52

on the joe rogan podcast because for me

50:54

and this is going to sound like [ __ ]

50:55

bonkers like that's the ceo i would want

50:58

to be

50:58

is where i cry on jurgen's podcast

51:01

smoking a joint and for everyone to know

51:03

that that's how open i am and yeah much

51:05

the reason why i started this so the

51:07

pandemic comes around

51:09

um

51:10

talk me through how it was being a ceo

51:12

throughout that because one of the

51:13

really remarkable things is you didn't

51:14

follow anybody you didn't no we didn't

51:16

so i wasn't ceo at the start of covid i

51:19

came in in august but the so that was

51:21

interesting so we we were lucky again

51:23

because we were completely set up the

51:25

zoom everyone has laptops we're you know

51:27

we're a digital business so working from

51:29

home thanks to our tech team and in the

51:31

investments they made

51:32

from a systems perspective it wasn't

51:35

like tough i know there are other

51:36

companies that not everyone had a laptop

51:38

and so on so that i couldn't imagine

51:39

where to start there

51:40

um and we had that moment where

51:43

so what we have is because we have we

51:45

have an office in hong kong we have

51:46

offices in the uk we have offices in the

51:48

us and we literally saw because kovid

51:50

sort of came from the

51:52

east to the west didn't it and we saw

51:55

hong kong

51:56

closed right everyone went into lockdown

51:58

and there was this bit where i know i

51:59

was thinking never happened here never

52:02

happened here

52:03

until it did right and then

52:05

boom locked down everyone working from

52:07

home and um i was in what was i doing at

52:11

that point i think i was just finished

52:13

opening marketing and i think i was

52:14

moving into product at that point

52:17

and the moment that caught me which was

52:20

within like 24 hours of being locked

52:21

down

52:22

i was lucky i have an office at home i

52:25

shut the door i've got a desk and i can

52:26

just work through that and when i'm

52:27

finished i can close the door at the end

52:28

of the day i was chatting to someone and

52:30

they were like they were in a studio

52:33

apartment in birmingham city center and

52:34

their partner was making their breakfast

52:35

behind them and they were sort of like

52:37

like balancing their laptop on the work

52:38

surface and

52:39

it was all just i remember chatting to

52:42

her and thinking okay this is going to

52:43

be really just really tough for some

52:46

people

52:47

from a professional perspective and then

52:48

i'm chatting to my mom who worked at the

52:50

qe in birmingham city center uh hospital

52:52

in selly oak she was telling me about

52:54

what was going on there and i was like

52:55

it was very

52:56

i became very aware very quickly that

52:58

this was a big thing or it was going to

53:00

be a big thing um so yeah managing

53:02

through that was was really really

53:04

really tough um

53:06

listen commercially the business did

53:08

okay like people were shopping online

53:10

and it you know there were more people

53:11

working out from home they were cycling

53:13

they were running

53:14

that side of the business did well

53:17

but managing hundreds of staff around

53:19

the world working from home

53:21

mental health making sure that we're

53:22

supporting them

53:24

through

53:25

complete uncertainty was definitely

53:27

difficult and where did you learn then

53:29

so having seen that member of your team

53:31

on that ironing board in that studio

53:33

apartment where did you land on this

53:34

whole remote working debate um

53:36

what is jim shark what's that what's

53:37

your injury so we we i mean listen there

53:39

are people at jim sharp that work

53:41

remotely and it works for them and

53:42

that's fine

53:43

personally i'm a little bit

53:45

old-schooling i'm in the office pretty

53:47

much every day unless i'm you know out

53:49

at meetings i just love to be in the

53:51

office um that doesn't mean it's right

53:53

or wrong i'm sure i would probably do a

53:56

a day maybe a month or a quarter working

53:58

from home if i need to like work through

53:59

things because when we did work from

54:01

home i found that i finally got to my

54:03

to-do list which was useful and i'd

54:05

never really got to that previously

54:07

we're sort of open-minded there are some

54:09

people that remote work it makes sense

54:11

for them um as long as it makes sense

54:12

for the business as well as them that's

54:14

cool personally i like to be in the

54:15

office you you have this big amazing

54:17

office in the uk especially i mean you

54:18

have a few but the one in

54:20

birmingham yes

54:22

sully hall is a tremendous new like

54:24

newly built

54:25

campus almost that he's built um

54:28

what role does that play because i'm i'm

54:31

in the camp of i love the office as well

54:32

and i think it's i think it's more than

54:34

just a place where you come to do your

54:35

work i think it's community i think it's

54:37

culture i think it gives especially

54:39

younger generations who haven't figured

54:41

out their lives you have an opportunity

54:43

to learn meet people

54:44

get married

54:46

um so what like how do you see the

54:48

office and and have you set parameters

54:50

for your employees as to

54:52

we're working on it now that's what

54:53

we're trying to work through um there

54:55

are some people that are on remote

54:56

contracts so they choose to work remote

54:58

there are many the vast majority are on

54:59

contracts which which means they're

55:01

based in hq

55:02

um

55:03

personally you're right the whole thing

55:04

about like i said earlier being able to

55:06

watch steve right was massive for my

55:09

development so if i'm a youngster that's

55:12

coming in to work at gymshark i want to

55:14

be in the office i want to learn and i

55:15

want to grow and i want to be around

55:16

people because that's not to say you

55:18

can't learn on zoom i think you can and

55:20

i think there's great utility for zoom

55:22

and i think there's areas where it's

55:23

really helpful and useful

55:25

but if i'm a young product designer i

55:27

want to be around designers and i want

55:29

to be able to be inspired and i want to

55:30

have that conversation i want to be able

55:32

to share ideas in the moment rather than

55:34

having to jump on slack forward slash

55:36

resume jump on a call and so on

55:37

hopefully they're free

55:39

so yeah for me i like i said i like to

55:41

be in the office i think it's it's a

55:43

great place to learn and and the office

55:45

for us and which is why we're investing

55:46

in this campus and this larger office is

55:49

it is it's a hub of jim shark when

55:51

you're there you're in it we we work

55:53

together we eat together in refuel many

55:56

of us go and lift in the gym after

55:57

together and it builds that genuine

55:59

community in the build in the uh in the

56:01

business one of the things you you know

56:03

when i hear your story um no matter

56:06

where i look

56:07

it it does feel like you're just

56:09

incredibly good at dealing with [ __ ]

56:12

like it it appears on the surface that

56:14

you're just incredibly good at dealing

56:16

with the hard times um and it also kind

56:19

of appears that other than the one

56:21

moment you told me about where you the

56:23

website went down and you had to write

56:24

out the apology notes and stuff but

56:27

there's really not been a lot of like

56:30

chaos

56:31

and i'm like every every day is chaos

56:33

that's why tell me about that part of it

56:35

i don't know where to begin like in

56:37

terms of like starting the business

56:39

we there were several times we invested

56:41

everything we had on a particular event

56:42

or a particular product line

56:45

um

56:46

covid was tough it's like

56:49

what

56:50

when the business the business is

56:51

growing at the rate that we're growing

56:53

even just making sure that we've got

56:55

enough stock to fulfill the forecast for

56:57

the following year is it's tough to

56:59

manage and work out moving from you know

57:02

zero to 900 staff in nine years that's

57:04

so hard and it's like every day hard

57:07

because in many respects

57:09

when a big problem comes in and it just

57:11

hits you in out of nowhere

57:14

you look at that problem and you try and

57:15

solve it whereas people forget about the

57:17

everyday nagging problems of making sure

57:19

that like the majority of the people

57:21

that currently exist in gymshark weren't

57:23

in jim sharp 12 months ago so the

57:26

majority of people in jim sharp maybe

57:28

aren't as aware of the story or the way

57:30

that the business works or or haven't

57:32

been truly immersed in the culture both

57:33

because they haven't been here for a

57:34

long time but also because we have been

57:37

working remote for so long

57:38

so those problems in terms of making

57:41

sure that everyone is truly bought into

57:42

the brand are really important because

57:44

when you've got a team that big we want

57:46

to make sure that they're working

57:47

efficiently as well

57:48

steve said that um

57:50

the former ceo said that pressure is a

57:52

privilege

57:53

to you so i think it's true

57:55

do you think it's a privilege for you as

57:57

ben or do you think it's a privilege for

57:59

everybody i think it depends on what the

58:00

pressure is right right i'm sure there

58:02

are people in this world that are under

58:04

a lot of pressure that certainly doesn't

58:05

feel like a privilege but in the context

58:08

of jim shark is a privilege like we all

58:11

choose to be there we're all a part of

58:13

something really special something that

58:15

i really believe this i think

58:18

i do think books will be written on this

58:20

story and i think maybe if we do what we

58:21

think we can maybe like there'll be

58:23

programs and movies too because it is so

58:26

unique and so special so within the

58:27

context of gymshark i do think pressure

58:30

is well and truly a privilege for us

58:32

when i when i reflect on early days of

58:35

starting my business there was a lot of

58:36

unknown unknowns a lot of things i wish

58:37

someone had just told me sooner or a

58:39

lesson that it took me three or four

58:40

years to learn

58:42

when you look back at some of the things

58:43

you wish you knew sooner that would have

58:45

maybe even put

58:46

what is a phenomenal business even

58:48

further ahead

58:50

what are those things that come to mind

58:51

i'm interested in

58:52

interested to hear what you think but

58:54

for me given my skill set we didn't

58:57

invest in the foundations of the

58:58

business early enough i

59:00

i was

59:01

going back to being arrogant at the

59:02

start i didn't really respect what maybe

59:05

the ops or finance people of this world

59:08

did i the the foundation elements of the

59:11

business to me were nowhere near as

59:14

exciting or fun as the front end element

59:16

of the business the product the brand

59:17

and the marketing so i think if we'd

59:19

have better prepared ourselves for that

59:21

from a like i said data ops finance all

59:23

these things i think dream shop would

59:24

have grown far quicker

59:26

and i mean in terms of especially with

59:27

what you guys did particularly social

59:29

change you were ahead of your time in

59:31

that in terms of bringing all these

59:33

pages and channels together and almost

59:35

packaging them up for different

59:37

businesses and brands so

59:39

you must have struggled with that as

59:40

well oh my god my answer is the exact

59:42

same as yours it's just i was exact i

59:44

was exactly the same guy i

59:46

thought that the thing that would move

59:48

the needle most was what i did and what

59:49

i knew and then it wasn't until you hire

59:51

one really great person and you go

59:54

[ __ ] oh that's that's what good look

59:55

and look at all the things i don't know

59:58

and i i think it took me two maybe three

60:00

years to realize the importance of

60:02

really great talent yeah and that my

60:05

skills and my talents weren't actually

60:07

going to matter that much especially at

60:09

700 800 people business yeah the um i

60:12

think great people are amazing we did a

60:14

trip uh to fiji years and years ago and

60:17

it was the first time i got to spend

60:19

time with

60:20

harley uh shopify holly finkelstein and

60:23

uh toby wow at shopify so like these are

60:25

like some top top entrepreneurs and

60:28

there was there was a load of other

60:29

people there

60:30

i remember sat i didn't even barely say

60:32

anything i remember listening to them

60:34

and i was thinking to myself

60:36

jim sharks like uh

60:38

or the people or the certainly even me i

60:40

felt like i was like a local football

60:42

club player these are like premier

60:44

league international stars they were

60:45

like

60:46

another level compared to what i was and

60:49

we were in the business so to be able to

60:51

see those when you see a great operator

60:54

like look at zuckerberg people just look

60:56

at zuckerberg as like a guy or elon or

60:58

whatever these people are going to be so

61:00

efficient and frighteningly intelligent

61:03

and adaptable and resilient that

61:06

you without meeting them i genuinely

61:07

don't think you'll be able to fathom it

61:09

i obviously haven't met them having met

61:11

people like harley and toby they were on

61:13

another level to anyone that i'd met

61:15

before

61:16

um

61:18

and they're like they were just like us

61:19

at one point right they've had to work

61:20

they weren't just born hyper resilient

61:22

super intelligent open-minded and blah

61:24

blah blah

61:25

maybe a little bit in terms of

61:26

intelligence but a lot of the skills

61:28

that we see

61:29

from them they had to learn and they had

61:31

to work on

61:32

that was massively inspiring so i yeah i

61:35

think you're right i can't stress enough

61:36

how important it is to just try and

61:38

surround yourself with great people but

61:40

i was i was lucky right that trip most

61:42

people don't get to go on trips like

61:43

that they don't get to have their their

61:45

eyes opened um but there's still there's

61:48

great people in every community every

61:50

gym every whatever you can you can

61:52

definitely find them

61:53

i completely agree again i i um i came

61:56

to now learn in the businesses i start

61:58

and i say this to my teams all the time

61:59

in flightster and third web that we are

62:01

basically a recruitment company we're

62:02

like never forget that the most

62:04

important thing here and the thing that

62:06

is behind and initiates every decision

62:08

is a person a talent obviously it's

62:10

bound together with culture and a vision

62:12

but fundamentally um it was actually one

62:14

day i read on somewhere that the

62:17

definition of a company on google and in

62:19

the oxford dictionary is actually a

62:20

group of people

62:21

like that's what they said as a company

62:23

that's it means a group of people yeah

62:25

and i started thinking about that in

62:26

fact it's like a football team it's

62:28

where we are starting 11 and in

62:30

competitive industries and we're all in

62:31

competitive industries i start thinking

62:33

about it like a football team like this

62:35

is the guy i've got up in left back or

62:38

right wing against my competitors guy

62:42

or woman

62:43

and i started thinking [ __ ] hell

62:45

fundamentally i just need to be the best

62:47

talent as steve jobs says the best

62:49

talent scout in the world and i wasn't

62:51

until

62:53

this chapter of my life later on like

62:55

it's too late

62:56

yeah until too late and the

62:59

for me i think like in terms of getting

63:01

so you can talk about getting great

63:02

people becoming self-aware becoming the

63:04

best version of it yourself that you

63:06

possibly can be

63:07

and even that all of those things if you

63:09

did that incredibly well that by no

63:11

means guarantee success all that does is

63:13

increase the likelihood or the

63:15

probability of success even then you've

63:18

got a fairly slim chance because like i

63:20

said so many small businesses fail and

63:22

that's the other thing that i think

63:23

anyone starting out or whatever all

63:26

working the business needs to understand

63:27

is that

63:28

failure is inevitable don't be defined

63:30

by your failures it could be an

63:32

operation in the business it could be

63:33

the business itself

63:35

it's inevitable that it's going to

63:36

happen all you can do is do everything

63:39

within your power to minimize the

63:40

likelihood of that happening

63:42

talking about doing that which is within

63:44

your power you've managed to seemingly

63:45

avoid

63:46

um the the toll of business getting to

63:49

you my business partner's been very open

63:50

on this podcast about how the stress of

63:53

business made him anxious and then he

63:55

suffered with depression and then he

63:56

became in his own words basically like a

63:58

functional functional alcoholic

64:00

um

64:01

it doesn't seem to have touched you in

64:03

the same way i mean have you ever

64:04

experienced anxiety or yeah i've

64:06

listened i've definitely struggled there

64:08

were points where

64:09

again when i was first sort of i felt

64:12

like i was first going out on my own

64:14

um in 2015

64:16

there have been periods where

64:18

uh you know social media maybe has

64:21

turned on the business and myself

64:24

it's definitely been really difficult at

64:26

times there's been points where social

64:28

media turned on the business so we there

64:30

was a there was something that happened

64:32

last i think it was last year or the

64:33

year before

64:34

where

64:35

someone at gymshark on the channel on

64:38

the on the social channel basically

64:39

commented back to someone

64:41

um i can't remember exactly what we said

64:44

but basically it was around a blue lives

64:45

matter you know you had the sort of

64:47

black lives matter

64:49

someone commented uh something on our

64:50

page saying blue lives matter and

64:52

someone at jim sharp basically commented

64:54

something sarcastic back to them um

64:57

which to be honest was it it probably

64:59

just shouldn't have been posted and then

65:01

at that point that i think that whole

65:02

group of people started to converge onto

65:04

gymshark

65:05

um

65:06

and then before long they then started

65:08

to converge onto me and i had thousands

65:09

of comments thousands of messages death

65:11

threats everything you can imagine um

65:14

and that that was in that definitely hit

65:16

me and it definitely hurt me and i

65:17

really felt like i felt carrying that i

65:19

felt like i was carrying that burden at

65:21

that point

65:22

talk to me about that and so you the

65:24

world piles on

65:26

because of something someone else has

65:27

done on twitter whatever we won't go

65:29

into that too much but

65:30

the world piles on you're going on your

65:32

phone that's popping off your people are

65:33

probably texting you your family this is

65:35

the worst part you're family checking

65:36

yeah and it's like

65:38

you just don't want to look at your

65:39

phone yeah and that's

65:41

that like i said that was really

65:43

difficult for me really tough

65:45

um did you feel anxious you felt that

65:48

sense of like i felt horrible i felt

65:49

like you have a lump in your throat you

65:51

feel sick you don't look at it yeah then

65:53

you don't want to look at your phone um

65:55

i

65:56

i struggled with that but i think i had

65:58

support at work

66:00

and

66:02

there's a quote that i've heard no no

66:04

was the one that told me about it

66:06

and the quote goes something like

66:08

to whom much is

66:09

to whom much is given which is tested i

66:11

think it's roughly like that and i do

66:14

think about that a lot i i'm in this

66:16

role i'm in this job and i'm so

66:18

privileged and fortunate to be here i've

66:20

worked incredibly hard but i am

66:22

fortunate and inevitably

66:24

much has been given to me so much will

66:26

be tested of me and that to me is one of

66:28

many and there'll be more in the future

66:29

that will happen again and i have to be

66:31

well aware of it and open to it and

66:33

understanding of it what did that moment

66:35

teach you

66:37

i think it's

66:38

it was a so that was a bout of

66:40

resilience so going back to what i said

66:42

earlier every day i feel like i have to

66:43

be resilient in terms of having hard

66:45

conversations in terms of challenging

66:46

people in terms of

66:48

you know trying to move the business

66:49

forward in the right way whereas that

66:51

was like boom you need to be resilient

66:53

now because the other thing as well that

66:56

again i'm sure you will know this that

66:58

happens and i'm feeling terrible as it's

67:00

happening but there's still a business

67:01

with hundreds of people that need help

67:04

support you know all these things so i

67:06

can't like i can't just shy away and

67:08

feel sad for a week

67:10

or at least it can't appear to be like

67:12

that i mean i can feel those emotions i

67:14

can process them but ultimately the

67:16

business comes first and i have to

67:17

support the business and the individuals

67:19

within it and

67:20

that was that was

67:22

an interesting challenge for me to face

67:24

because again i can't just mope around

67:26

the office i come into the office and

67:27

i'm

67:28

it's to me it's like it's like a game of

67:31

football i'm there to perform to deliver

67:33

and i

67:34

you know we want to win we want to

67:36

create great things and

67:38

i don't want to

67:40

let this thing rightly or wrongly sort

67:43

of drag me down two questions then how

67:45

do you

67:46

handle the situation with the employee

67:48

that posted that comment which ended up

67:50

getting you piled on and

67:52

you know felt at least like you were

67:53

being cancelled

67:54

they had no bad intention so yeah they

67:56

stayed at the business and now they they

67:59

do an incredible job they were a great

68:01

person so i i really don't believe in

68:03

cancer culture i think especially when

68:06

uh people do things by mistake and this

68:08

certainly was a mistake and they learned

68:10

from the mistake and now they're a

68:11

better stronger more educated and

68:13

informed person because of it and i

68:15

think that's

68:16

um that's the way it is like i that what

68:19

you can't have at gymshark or anywhere

68:21

you can't have someone that fails

68:24

particularly with good intentions and

68:25

then

68:26

you just

68:27

move them out of the business because

68:29

what we're trying to do is we're trying

68:31

to create change we're trying to create

68:33

progress and a great business and if

68:35

every time someone failed you just move

68:36

them out the business then all you'll be

68:38

left with is with a group of people that

68:40

have never failed

68:41

and that's dangerous

68:43

so yeah they're still in the business

68:45

and they're doing great work and the

68:46

other question was when you go home that

68:47

day

68:49

and robin's there

68:50

what's that like uh she's incredibly

68:53

supportive i think she gets it because

68:55

and this is this helps as well because

68:56

she has had time online she did do the

68:59

whole youtube thing and the social media

69:01

thing so she does understand what it's

69:02

like so she's

69:03

um

69:04

incredibly supportive did you

69:07

rant to her did you

69:10

so that's probably something i'm not

69:11

very good at i'm not i don't

69:13

talk about my feelings massively i'm not

69:16

that sort of person i don't know why i

69:19

don't know it's just if i look at the

69:21

way my dad is my grandparents are the

69:23

males that around me growing up they're

69:25

very strong individuals they're very

69:28

like i wouldn't

69:29

often hear them talk about feelings

69:31

which is fine and it's cool i get it

69:33

it's probably not the most optimal

69:34

solution and i'm learning to do that but

69:37

um

69:38

it's given me great resilience it's made

69:39

me strong

69:41

um

69:42

definitely made me mentally strong so

69:44

yeah i'll i'll chat to robin i think

69:46

she'll try and pry information from me

69:48

and i'll i'll chat to her does she does

69:49

she succeed i mean my girlfriend does

69:52

the same my girlfriend is the the

69:53

ultimate person in my life of trying to

69:55

make me express how i'm feeling

69:57

emotionally and again like you said

69:59

naturally it's not my default state

70:01

especially it almost makes me feel

70:02

uncomfortable like i'd love to sit here

70:04

and talk to you about how i am

70:07

completely open and in touch with every

70:09

single feeling that i'm feeling i wish

70:11

maybe that's something i need to work on

70:13

but that certainly isn't true i

70:15

i do understand and i process those

70:17

feelings i'm definitely not as

70:20

communicative as what i probably should

70:21

be on those things i like to sort of

70:23

internalize them and process them

70:25

without talking about them too much we

70:28

we've seen obviously in headlines and

70:30

stuff around mental health and men in

70:32

particular not talking about the

70:33

feelings the adverse consequences of not

70:35

sharing your feelings the other thing

70:36

which i learned recently is from patrice

70:38

evra when he came and we talked about

70:40

toxic masculinity and again his he was

70:42

telling me his girlfriend was the one

70:44

who

70:44

um

70:45

helped him open up his feelings because

70:47

he was very you know growing up on the

70:49

streets of france drug dealing trying to

70:50

survive et cetera um the risk is it

70:53

becomes a generational cycle you've

70:55

pointed to the fact that it probably was

70:57

a generational cycle for you

70:59

um death prob definitely was for me i've

71:00

never had my dad express a feeling in

71:02

his life

71:03

so now you're married and you know

71:06

one would assume that there's going to

71:08

be kids at some point potentially

71:11

is that something you think about like

71:12

the

71:14

uh

71:17

i don't know

71:19

i mean listen

71:20

if i had a kid

71:22

i would definitely want them to tell me

71:24

about how they're feeling because i'd

71:25

rather know what's going on than not so

71:28

yeah maybe that is something i would

71:29

push with them robin certainly will yeah

71:31

robin will yeah um and the other point

71:34

on the kid thing it just triggered

71:35

something i've been thinking about

71:37

lately in my life is how present are you

71:39

gonna be i i'm i'm gonna be honest i'm

71:42

scared

71:43

i'm scared because um if things carry on

71:45

as they are now i'm like sometimes i

71:47

forget to walk my dog and my assistant

71:49

does it for me and when i when i have

71:51

kids i don't want to be that business

71:53

guy that's never ceased his kids i want

71:55

to be president in their lives i want to

71:56

take them to school pick them up again

71:58

like you know so do you think about that

72:00

yeah change you might have to make

72:02

because we don't have kids i haven't

72:03

thought about it massively i think um

72:05

there was a few things so steve advised

72:07

me he said

72:09

be there for the sports days

72:11

he doesn't i don't think he means be

72:12

there for the sports days i think he me

72:14

it's like a thing like be there be

72:16

present and be there when the kid wants

72:18

you to be so that's something i would

72:19

definitely like to do

72:21

i don't know

72:22

my dad worked away a lot as a kid

72:25

and

72:26

i don't feel like i was adversely

72:28

affected by it

72:29

maybe i'm wrong maybe i have been um but

72:32

it's not even when i said when i started

72:34

traveling

72:35

and being away for long periods of time

72:36

there was periods where i'd do 30 40 50

72:38

flights a year and i'd be away all the

72:40

time and that wasn't like abnormal that

72:42

was like my mom was like cool with that

72:44

she gets it's fine my dad would work a

72:46

lot in like the states in europe and

72:48

stuff and then my mom would look after

72:49

us so i'd go and stay with my

72:50

grandparents for a while

72:52

um

72:53

again i'm not saying that's optimal

72:55

but i

72:56

i was i felt like i was fine growing up

72:58

i i actually spoke so i've got uh i'm

73:01

working with a new ea called zoe who's

73:03

absolutely been life changing for me

73:04

like genuinely life-changing and she has

73:07

two kids and we were talking about it

73:08

actually the other day

73:10

um

73:11

and we sort of we do this thing we

73:12

monday morning first thing we look

73:14

through the calendar for the week and

73:15

then she sort of made a bit of a comment

73:17

she was like are you still gonna be able

73:18

to do this if you have kids

73:20

um and and i was sort of like is that a

73:23

loaded question like you asked are you

73:25

telling me that i won't be able to do

73:26

this and um

73:28

what helps having zoe is i think because

73:30

she has kids she knows what it's like i

73:32

think she'll help me manage it as it

73:33

comes and then her thing was

73:35

no you won't be able to work like this

73:37

but if we plan for it and we work things

73:38

out then we can work out a way to make

73:40

it work which is great i'm sure robin

73:42

will be happy with that as well

73:46

if i'm in the ceo role which i hope i am

73:49

i'm not going to be at home every single

73:51

day at half five monday to friday it's

73:54

it's it's just one of the things that

73:56

comes with the job

73:57

there's been a lot written about what

73:58

the future of jim shark looks like a lot

74:00

of speculating a lot of guessing as to

74:02

what route you're going to take a lot of

74:03

people at this point probably would have

74:04

already sold the company to a bigger

74:07

nike or an adidas or whoever it might be

74:10

what can you tell me about the future of

74:12

jim shark

74:13

so my ambition is to make so

74:15

so in canada you've got lulu in the

74:18

united states you've got um

74:20

nike and drama and in germany you've got

74:22

adi and puma so first and foremost i

74:23

want jim sharp to be

74:25

the

74:26

british fitness brand right i want you i

74:29

think it's really cool so growing up i

74:31

grew up not far away from the rover mg

74:34

factories in longbridge um

74:36

it was a really cool british brand

74:38

unfortunately it didn't end or i mean mg

74:41

still going it didn't end probably as

74:42

they would have liked um over in sully

74:45

hall jaguar land rover uh cool british

74:48

but international brands uh burberry

74:50

aston martin like bentley and rolls

74:53

royce like these are so cool and i think

74:56

i love the thought of a brand that was

74:58

grown here he's headquartered here but

75:01

he's a truly global brand and i think

75:03

that's really really cool i love the

75:04

thought of that

75:06

um

75:07

now emphasis on the fact i want jim

75:09

chart to be a global brand we we sell

75:11

into

75:12

like the entire world at the moment like

75:15

a lot of the the revenue and the

75:16

customers and the community of gymshark

75:18

are international the uk is a small

75:21

um area of that now because of the

75:23

growth we've seen in north america

75:24

europe and so on so my ambition is for

75:26

gymshark to be

75:27

a truly truly global brand and one of

75:29

the most iconic brands in the world i

75:31

think that's so it's so cool the thought

75:33

of jim sharp being a truly iconic brand

75:35

a brand that's sort of like

75:37

like genuinely pulls people together and

75:39

inspires people to be

75:40

the best version of themselves both

75:42

physically and mentally and he's in many

75:43

ways

75:44

the

75:45

like the manifestation of this journey

75:47

that i feel like i've gone on from

75:48

joining the gym and trying to improve

75:50

myself physically and then mentally

75:51

through the business and so on i think

75:52

that's really cool but ultimately i want

75:54

it to be one of the most iconic brands

75:56

in the world and then however you

75:58

structure that in the back front

76:00

whatever you do to make that happen i'm

76:02

almost like channel agnostic i just want

76:04

jim sharp to be a truly iconic great

76:06

brand that

76:08

is like a true leader in culture and

76:12

helps inspire people around the world 10

76:14

years time we wake up

76:15

jim shark is a truly iconic british

76:18

brand

76:18

globally you've done it

76:21

now what i'll be really sad i'll have

76:23

nothing to do um no i'm not sure at that

76:25

point i don't know it's so funny because

76:27

your answer there is exactly what gary

76:28

vaynerchuk said he said he was like that

76:30

would be the worst day of my life

76:32

oh when he um when he buys the jets

76:35

i don't know um

76:38

isn't that funny the thing you aim for

76:39

will be the saddest day of your life is

76:41

scary isn't it but will you i don't know

76:43

how you would put a pin in that like if

76:44

gary bought the jets he owns the jets

76:46

yeah how would you put a pin in the fact

76:48

that jim shark when did gymshark become

76:49

iconic it's true like when when does

76:51

that tipping point happen um you'll have

76:53

to let me know if that happens i think

76:54

that's so that's a really interesting

76:56

point there because what it what it

76:57

actually says is that all the fun is

76:58

actually the journey and if you do want

77:00

to set yourself up to never have that

77:02

awful day then create a goal that like

77:04

they say the best journeys are the ones

77:06

with no destination

77:07

and so you're right this is uh there's

77:09

no day there's no measurement of that

77:11

it's a continual process and also at

77:14

times you'll get things pop the world

77:16

will change and we all might go to the

77:18

metaverse yeah and that's going to be a

77:20

whole new challenge for you to maintain

77:22

the position so

77:24

like through the yeah this that is

77:26

mental we were talking about the other

77:27

day about how just how much the world's

77:29

going to change in the next 10 years and

77:31

then going back to the start about

77:32

someone that's starting up

77:34

so once he's considering starting a

77:36

business or

77:37

or anything like that is like

77:39

that becomes easier or it happens with

77:41

change and like looking forward the

77:43

amount of change we are about to see is

77:45

unfathomable i am convinced of it it is

77:48

going to be crazy and the opportunities

77:50

will be huge

77:51

you have 900 people roughly now right

77:54

how do you turn a 900 person company uh

77:58

in a new direction really hard what are

78:00

you doing from like in a very practical

78:02

sense to set the team up for

78:05

so in terms of nuts and bolts we'll have

78:07

something that we call a brand book

78:08

which is brand guidelines this is what

78:10

we do this is what we don't do we'll

78:11

have a strategic page which says these

78:14

are the core things that we want to do

78:16

these are force or strategic initiatives

78:18

that sit outside of the day-to-day

78:20

outside of what you might see

78:22

that jim shark are currently doing and

78:24

then we'll basically put resource behind

78:26

those initiatives um

78:28

to basically see what happens some of

78:30

them might fail some of them might win

78:32

i'm not sure um that's a really boring

78:34

way of explaining how we do it and is

78:36

there like a cultural thing as well

78:37

around like some you know because so

78:40

many companies they get big doing one

78:42

thing yeah

78:43

web two let's call it you know social

78:45

media whatever it might be and then the

78:47

world changes and because they are so

78:49

big as you've said it becomes actually

78:51

their biggest weakness yeah especially

78:53

in advertising like in our industry the

78:55

reason why social change did so well was

78:57

because the incumbents were all into

78:59

like billboards and tv yeah and radio

79:01

and it was like a mindset thing they

79:03

couldn't change fast enough which gave

79:05

us this window like you've described

79:06

macro factors with this surfboard we

79:08

surf in

79:09

and we'd capitalize on them the moment

79:11

yeah

79:12

um is there a mindset thing a way that

79:14

you speak to your teams to make sure

79:15

they're like mentally

79:16

well no but like i said as people are

79:18

joining the business and coming in we're

79:19

super we make them aware that this is a

79:21

place where change is inevitable and

79:23

oftentimes you don't even know what that

79:24

is right like the biggest problem jim

79:26

sharp will experience in the next five

79:27

years we've got no idea what it is and

79:29

one day whether it's tomorrow or in two

79:31

years or in four years it's gonna hit us

79:33

and blindside us in the head and knock

79:35

us for six and we'll have to adjust

79:37

adapt and change to deal with it um and

79:40

we've we're aware of that we talk about

79:41

that a lot we we do talk about change

79:43

and we try and like prime everyone to be

79:46

prepared and ready for the fact that

79:47

things will change like on a day-to-day

79:50

basis things change from structures to

79:52

the way that we want to you know achieve

79:54

certain things

79:55

and sometimes they can be difficult but

79:57

ultimately that's a lot easier to deal

79:59

with but i think those things happening

80:01

the constant change of a growing

80:03

business creates a culture of a culture

80:06

of change when these things do happen

80:08

i'd like to think we're in a reasonable

80:09

situation to deal with it and we are

80:11

agile as well with thin we're like

80:13

we don't have

80:15

like 900 people's a lot not compared to

80:17

some of the larger competitors they have

80:18

thousands and thousands and thousands of

80:20

employees all around the world they have

80:22

lots of different distributors they have

80:24

lots of different stores like hundreds

80:25

if not thousands of different moving

80:27

parts all the right all the way around

80:29

the world today jim shark is in his most

80:32

basic form

80:33

a website

80:35

one website and that is where you buy

80:36

jim sharp from

80:38

speaking of change then um the high

80:40

street

80:42

shut down this year fortunately as

80:43

you've described you're in a good

80:44

position because you are a direct

80:46

consumer yep um and

80:49

why have you never opened up a store on

80:51

the high street why have you always you

80:52

know stayed away from that

80:54

just time resource

80:56

there are

80:58

in a fast-growing business you will

81:00

you'll you'll have to say no to so many

81:03

things because if you said yes to

81:04

everything you would end up just

81:05

watering your business down it would end

81:07

up just being

81:09

you know it would be too gary used this

81:11

term we spoke to him the other day he

81:12

said you never want jim char to become a

81:13

vanilla boulder just you don't want to

81:16

become vanilla right

81:17

so it was it's purely down to a down to

81:19

a resource thing historically so if i

81:21

look at what we would coin as offline

81:23

jim shark's been heavily involved in

81:24

offline since day one the first ever

81:27

blow up of the brand

81:29

was through an offline event

81:31

um and then we did expose around the

81:33

world and we spent every single penny we

81:34

had flying around the world now in our

81:36

early 20s doing these events

81:38

then after that

81:40

we wondered

81:41

are there people coming to the event

81:42

because of to see jim shark or our

81:45

people happen to be at the event and

81:46

they come to gymshark so we thought how

81:48

can we find out how many people really

81:49

want to come and see gymshark we

81:51

actually did a

81:52

test in covent garden we wanted to do a

81:54

one-month story in covent garden uh two

81:56

weeks in cove it happened and we had to

81:58

close the whole thing

81:59

um

82:00

i'm massively inspired by

82:03

different businesses and what they do

82:04

off in their offline so

82:07

i think the opportunities on the high

82:09

street are massive would you ever

82:12

well we will at some point um

82:15

so touchwood

82:17

we are i'm hoping in the next sort of

82:19

few days to be able to sign a lease on a

82:22

store um in london our first ever store

82:25

would be a flagship and it will be a

82:27

hopefully a community hub for jim shot

82:30

our first ever

82:31

perm permanent offline

82:34

store hub whatever you want to call it

82:35

this is so early in the process like i

82:37

said we haven't even signed a lease yet

82:38

so

82:39

um

82:40

fingers crossed that will go through

82:42

we're just working through that now and

82:44

again we've got a vision of this being a

82:46

a true

82:47

gymshark community hub

82:49

that's so interesting because that

82:50

really does feel like the future of the

82:52

high street really experienced base not

82:55

somewhere you're going to buy and sell

82:56

things but

82:58

truly experienced based and

82:59

community-centric because as well what

83:01

we need to think about is what we're

83:02

trying to build here is a brand

83:04

and what we don't want is something that

83:07

is purely based on utility and what i

83:09

mean is

83:10

i don't want people to buy gymshark

83:12

because it's quicker cheaper and easier

83:15

like i think we should try and be those

83:17

things to a degree but it's not purely

83:19

utility thing if you want that go to

83:21

amazon right amazon will give you

83:23

everything that you need rapid cheap and

83:25

that's cool and i love the business i

83:27

shop from them all the time

83:29

but for me gymshark is a brand and it is

83:32

a brand and it's a feeling and it's that

83:34

badge of honor that you wear it's that

83:36

that that dedication to self-improvement

83:38

both physical and mental and to do that

83:40

we need a community and that's the wider

83:42

gymshark community the people that

83:44

follow us all across instagram snapchat

83:46

you know ticks off all these different

83:47

channels

83:49

and then the events have always been the

83:51

culmination of that community when

83:52

you're there and it's just like

83:53

everyone's there and they have these

83:55

sort of inherent

83:57

um like similarities and they've got

83:58

that same mindset and it's such an

84:00

amazing place to be

84:01

so we thought what if we could do that

84:03

permanently which is what hopefully this

84:05

store will be

84:06

when your brand gets bigger and brands

84:08

you know many brands have kind of fallen

84:10

foul of this it's it's really hard to

84:12

hold on to the brand piece right there

84:14

yeah what's your strategy towards as you

84:17

scale all around the world

84:19

what's going to happen right is if i

84:21

walk into my gym muscle works down the

84:22

road and everyone is wearing gym shark i

84:25

might be like [ __ ] that i don't want to

84:26

be that guy right like yeah and then

84:28

your brand is almost doing a lot of work

84:30

for you on the ground because of the

84:31

scale so how do you hold on to that core

84:34

specialness i think

84:36

well first and foremost i think so jim

84:38

shark it's still quite a niche brand in

84:40

the sense that we're not doing

84:42

sportswear right you won't see people on

84:44

the football pitch wearing gymshark you

84:45

won't see people on play like on the

84:47

basketball court wearing gymshark

84:49

gymshark is built to be worn in the gym

84:52

like granted you know there's odd bits

84:53

to sort of to and from stuff that i'll

84:54

wear in the office or and in the gym as

84:57

well but i think by staying true to that

85:00

core by focusing

85:02

completely and early on building the

85:04

best gym product whether it's clothing

85:06

whether it's accessories whatever it is

85:08

we might create down the line i think by

85:10

doing that i think we can um

85:13

we shouldn't water our brand down too

85:14

much and you know that specialness

85:16

because you've been there since the

85:17

start so if i remove ben what happens in

85:20

your honest opinion if i was to remove

85:23

you from your business whereas what

85:25

happens to your business in 10 years

85:26

time i think it will continue i'm not

85:28

sure who would immediate like being four

85:30

months in i'm not sure who would

85:31

immediately step into the role

85:33

probably the best argument would be

85:34

steve but we we've got a proper

85:36

management team like we've got like our

85:38

chief of product is infinitely better

85:40

than i will ever be at product achieve a

85:41

brand is infinitely better than i will

85:43

be the commercial team that we've run

85:45

across international and now they're

85:46

both way better than me but there's a

85:48

specialness with a founder because they

85:50

they can see all of the dots they've

85:52

been there for 10 years and they can see

85:55

why this truly from day one why this

85:57

brand is special like i genuinely

85:59

believe no one can even in leaving my

86:00

business i'm going to be honest

86:02

i know the specialness my business has

86:04

lost it doesn't mean my business isn't

86:05

going to make great revenues for the

86:08

next five ten years but i know that

86:10

there's going to be a loss in vision and

86:12

culture and like specialness that um

86:16

it's hard to replace yeah and is that

86:18

this dude maybe i don't know because i

86:20

know that a lot of people like to work

86:23

in the business because they're so close

86:25

to it like it feels like you're in a

86:26

movie like it genuinely feels like that

86:28

because

86:29

we'll sit at lunch and we'll talk about

86:31

like the stories of jim shark like

86:34

we'll go and lift in the gym after work

86:36

with just random people that have just

86:38

joined the business and

86:40

maybe maybe that would disappear i don't

86:42

know you're right in terms of the

86:44

commercials of the business wouldn't

86:45

change the brand is so well run and the

86:48

vision the plan is so robust

86:50

like they'll present brand plans for the

86:52

next two years to me

86:54

and i'll just sit there nodding

86:55

and that's amazing that's really that's

86:58

really amazing

86:59

that's like a testament again i know

87:02

you're gonna

87:02

give give the credit but that's that's

87:04

what the promised land for all founders

87:07

is to be to build such a team that

87:09

you're effectively redundant right

87:11

and you've done that i wanna i know that

87:13

there's gonna be a lot of young

87:14

entrepreneurs watching this and i know

87:15

that they typically ask me the same

87:16

question so i want to ask you just a

87:18

couple of them before we wrap one of

87:19

them i get a lot is you know there'll be

87:21

someone listening to this they've not

87:22

got any money yeah um they want to start

87:24

a business they

87:26

don't have an idea but they want to

87:27

start a business what would you say to

87:28

them

87:30

they're going to you don't have an or

87:31

money yeah but they want they want to be

87:33

an entrepreneur i get this a lot

87:37

so

87:38

the first thing for me would be to find

87:40

out what you're truly truly passionate

87:42

about because

87:44

for me when i started gymshark

87:47

i made two fitness apps beforehand i

87:50

made two fitness apps both failed

87:51

miserably i made a little fitness social

87:52

network failed miserably a little

87:54

fitness sort of forum that failed

87:55

miserably and then jim sharp was it

87:58

i wanted to be involved in the industry

88:01

more than anything i wanted to be

88:02

involved in fitness because it changed

88:03

my life it was the thing that got me

88:05

from being a d student to an a student

88:08

literally that was the thing that

88:09

changed my life the discipline yeah the

88:10

discipline that i learned the structure

88:12

the fact that if i was tired on a monday

88:15

the gym doesn't care go in and lift it

88:17

doesn't matter and most importantly that

88:19

if january 1 i joined the gym and i left

88:22

five days a week every single week by

88:25

december 25 whatever i am better than i

88:28

was a year ago that that those lessons

88:31

to me were massive because previously i

88:33

didn't really realize that and i do this

88:34

thing in school where i would be like

88:36

i'd work try really hard and i get a bad

88:38

grade and then there'd be another thing

88:39

that i wouldn't try out and i'd get a

88:40

really good grade and i just it didn't

88:41

mean it didn't add up to me

88:43

so for me i was in love with the

88:44

industry and and fitness was and is my

88:47

passion and that carried me through some

88:49

of the difficult times because i

88:50

remember

88:51

the difference it's made to my life and

88:53

it's this inherent passion that drives

88:55

me every day

88:56

so if you've got no idea or money just

88:59

lean into that community whatever it is

89:01

it might be boxing it might be golf it

89:03

might be videography it might be

89:05

motorcycles or bicycles or whatever lean

89:07

into it because inevitably there will be

89:09

an opportunity

89:10

especially now because of this new

89:12

social media world that we live in

89:14

there's a massive there's so much room

89:16

for people to create brands so yeah i

89:18

would just lean into whatever your

89:19

passion is it's so true because look you

89:21

can waste a ton of time procrastinating

89:23

and falling into indecision by trying to

89:26

guess

89:27

and as you said there i read that

89:29

gymshark was actually like the seventh

89:31

apple website you created so you like

89:33

leaned into the industry did this

89:35

process of like failure and exploration

89:38

and stumbled across the winner right

89:39

like and you have to fail

89:42

one of the if you're a young

89:43

entrepreneur just do not be afraid to

89:45

fail just

89:46

all names out of boxes ideas out of

89:48

boxes aside the likelihood of an

89:51

individual starting a business and that

89:53

one being the one that strikes gold

89:56

is

89:57

ridiculously low what we've got to

89:59

remember is you could start 30

90:01

businesses and you are still more likely

90:04

to fail than you are succeed so just

90:07

honestly just keep trying and keep

90:09

trying and don't be afraid to fail i

90:11

think that's so so so important and

90:13

everyone i've met by the way from the

90:16

people that run businesses that are 10

90:18

times bigger than jim shark to every

90:21

entrepreneur that i've met every

90:22

business person every successful person

90:24

in sport in business whatever where

90:26

they've started a business or not every

90:28

single one of them has failed time and

90:29

time and time again and i think then

90:31

people look at the the final product and

90:34

just assume that they've just they were

90:35

either this incredible human who had was

90:38

born this way or and it is just never

90:40

never ever the case more often than not

90:44

the all the most successful people i've

90:45

ever met are all winging it they're all

90:47

literally just working incredibly hard

90:49

and they're just giving it their best

90:50

shot

90:52

i'm gonna ask you one more on this point

90:54

i think that was a superb answer as well

90:56

because it's just incredibly true i am

90:58

the other question i would i'd get a lot

90:59

from your entrepreneurs is something

91:01

like you know they're in a job at the

91:02

moment

91:03

and they've got an idea so this is an

91:05

example where they've got a business

91:06

idea that they want to pursue

91:08

um

91:09

but they're just you know they've heard

91:10

you say that they want to pursue it but

91:12

there's something holding them back

91:14

and they're you know i know you get this

91:17

a lot as well yeah

91:18

probably most conversations what you say

91:19

to those people

91:21

well i think if if it's your passion

91:23

then i think you should jump in the the

91:24

other thing i would say and this is i

91:26

think this is this is a dangerous thing

91:27

i do see people online in

91:29

quit your job jump in go and do

91:31

something and it's a bit like personally

91:33

i'm thinking no don't don't quit your

91:35

job it's fine like

91:36

like

91:37

i i i worked at pizza hut for whatever i

91:40

can't remember what the amount was it

91:41

was four or five pounds an hour

91:43

and jim sharp was doing hundreds of

91:45

thousands in revenue

91:46

the utility of having a job whilst

91:49

running the business is huge

91:52

one because you can earn money to

91:54

survive so you don't need to remove but

91:56

you know you don't need to remove money

91:57

from the business so two you can then

91:59

reinvest all the profits that you can

92:00

make in that business if you just and

92:03

two by the way if business number one

92:05

fails you've still got your job you try

92:06

number two number three number four and

92:08

i think

92:09

whatever it is find your passion

92:12

i genuinely don't think it's a good idea

92:13

just to jump out of your job just on a

92:15

whim

92:16

there are some people you'll hear about

92:18

the one in a million that succeeds and

92:20

congratulations more power to you i'm

92:22

super happy for those people but you

92:23

don't hear about the

92:24

99 that ended up quitting their job and

92:27

it didn't go as well as what they would

92:28

like and then they ended up having to go

92:29

back and find a new job so use that job

92:33

as a superpower as stability and invest

92:36

the money you earn from that job in the

92:37

business and just keep trying try and

92:39

try them and hard work where does that

92:40

feel

92:41

what's the importance of it because

92:42

there's a there's a narrative i talk

92:44

about this podcast that hard work is

92:45

maybe a little bit

92:47

the narrative you see online from like

92:48

the hustle porn stars a little bit toxic

92:50

yeah but

92:51

would you be sat here without hard work

92:53

oh definitely not no it's that

92:56

combination of

92:57

hard work alone is definitely not enough

92:59

you have to work hard but you also have

93:01

to work smart there were periods where

93:03

we were finding out ways to manipulate

93:05

google in a way that got gym chart to

93:07

the top which gave us huge revenue for

93:09

next to no cost right that was smart

93:12

work but there were days when we would

93:13

work 12 14 16 hours sewing and printing

93:17

t-shirts every single day

93:18

there are days like that now where i

93:20

just we just work and work and work to

93:22

get the job done so exclusively hard

93:24

work

93:25

won't solve your problems you definitely

93:27

have to work smart

93:29

but i've never met anyone

93:31

who was genuinely successful that wasn't

93:33

hard working

93:34

we have a new tradition

93:36

on the diary of a ceo i've heard about

93:37

this oh yeah okay they told you okay so

93:40

um the previous guest

93:42

writes a question for the next guest and

93:44

this is the first time i've seen the

93:45

question

93:46

i don't know if people believe when i

93:47

say that but um

93:48

their question to you is

93:52

what is the greatest gift

93:54

that another human has given you

93:58

oh

93:59

that's intense yeah i didn't see that

94:01

coming what is the greatest gift that

94:03

another human has given you

94:06

i'd have to i'd really have to think

94:07

about that the first thing that comes to

94:09

mind would be time

94:12

because i really so there's so many

94:14

people that have given genuine time to

94:15

me to like teach me take me under their

94:17

wing robin time to support me

94:20

emotionally my parents time to you know

94:22

teach me and bring me up grandparents

94:24

the people that i work with every day

94:26

um

94:28

so yeah it would definitely be something

94:29

around

94:30

time i love that

94:32

and it speaks to

94:34

i think your understanding of the

94:36

importance of time as well and i think

94:38

being a ceo you quickly learn oh yeah

94:40

very quickly you learn that time is

94:43

a finite resource and um

94:47

every second is planned i'm really

94:49

careful about how i spend my time and i

94:51

want to spend it the most effective and

94:53

productive way i possibly can yeah well

94:55

thank you for giving me your time today

94:57

because you know you're one of the

94:58

you're really you're a real anomaly as i

95:00

said at the start of this conversation

95:01

in the uk for so many reasons i mean the

95:04

business you've built as an anomaly as

95:05

you've described like

95:07

to have a brand like that that's reached

95:09

such scale

95:10

from the uk from a from a guy that was

95:13

20 and you're still in your 20s now

95:15

right um is just i mean

95:18

there's not another example in the uk

95:20

right it's just it's staggering and

95:23

i think you've done this tremendous

95:25

service in

95:26

doing the public speaking training you

95:28

did and really putting yourself out

95:30

there because now everybody gets to see

95:32

this this person and also you're one of

95:35

the most relatable people i've ever met

95:36

in every way um which means that you're

95:39

just by doing conversations like this by

95:41

putting yourself out there you're

95:42

empowering 18 year old steve bartlett's

95:44

or the future you know ben francis to

95:47

to that they can too and

95:50

when it's relatable and when you're a

95:51

guy like you are and when you're so like

95:54

i wouldn't say self-defecating but more

95:55

like when you're so humble

95:56

it just feels like um whatever position

95:59

the listener is in on this podcast they

96:01

they have a way out of that potentially

96:03

unpleasant situation so thank you so

96:05

much because it's uh honored to have you

96:06

back on and to observe your growth over

96:09

the years it's been super inspiring for

96:10

me thank you very much thank you

96:12

quick one can you do me a favor if

96:14

you're listening to this and hit the

96:15

subscribe button the follow button

96:17

wherever you're listening to this

96:18

podcast me and my team use that as an

96:20

indication of whether the episode is

96:22

good or not based on how many new

96:24

followers and subscribers we get thank

96:26

you so much

96:29

[Music]

Interactive Summary

Ben Francis, the founder and CEO of the global fitness brand Gymshark, shares his journey from being a humble student to building a multi-billion dollar company. The conversation delves into his evolution as a leader, the importance of self-awareness and learning, and how he has navigated the challenges of scaling a business while maintaining its culture. Ben reflects on the necessity of surrounding oneself with experts, the courage to fail, and the delicate balance between his professional ambitions and personal growth.

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