• MIKE BALFOUR OBE FCA
    Business Mentor

CAREER AND ACCOLADES

Mike Balfour bought a bankrupt squash club in 1992 and transformed it into the world’s largest chain of fitness clubs. With Mike as CEO, Fitness First had 550 clubs in 21 Countries across the world, with 1.5 million members and 20,000 employees.

Fitness First was floated on AIM in 1996 at a valuation of £14 million and went on raise funds a further five times. The company was sold to private equity in 2005 for £835 million.

  • • 2010 Lifetime Achievement Award by The American Fitness Industry in
  • • 2008 Awarded the Order of the British Empire in the Queens Birthday Honours for Services to Business
  • • 2004 Awarded an Honorary Doctorate in Business Administration from Bournemouth University
  • • 2001 Named Ernst & Young Entrepreneur of the Year
  • • 1999 Named PwC Entrepreneur of the Year

Since Fitness First Mike has worked with a variety of small businesses in many different industries, helping them achieve their fundraising goals.

MIKE BALFOUR

Founder

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MIKE BALFOUR

With 40 years of business experience Mike knows what it’s like to start with nothing and he knows what it takes to get to the top.

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Mentor Services

Mike enjoys the challenge of business and now likes to help people achieve their business dreams as an active Mentor.

The advantage of age is that it comes with experience and that experience can be hugely beneficial to young entrepreneurs starting up.

WHAT’S ON OFFER?

HARD WORK THAT PAYS OFF.

What do you need?

The key to business success is a great management team with tons of ambition and drive. Your determination to succeed must be second to none. Your passion for your product must be all consuming. You will do anything that it takes to become a success.

If you have these abilities and a product or concept to match, then you
could well make it.

My Advice to 500 Business School Graduates

  • If you’re doing the same job in 5 years, do yourself a favour and get yourself fired

    — Mike Balfour —

Your determination to succeed must be second to none

— Mike Balfour —

Contact

If you've got what it takes and that inner determination to succeed, get in touch.

Email me a brief outline of your business idea and the reasons why it will work and why you think you are the right person/team to make it work.

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