Categories
Resources for Accountants

Jack Thomas Talks on Base Bangkok & HIIT Metrics || Fruiting Body Podcast #31 [Video]

Jack Thomas Talks on Base Bangkok & HIIT Metrics || Fruiting Body Podcast #31

Jack Thomas is the founder and CEO of BASE, voted Bangkok’s Best Studio and Asia’s Gym of the Year at the Fitness Best Awards. Jack also hosts the Fitness Business Asia podcast, a weekly show that was created with a mission to raise the standards of the fitness industry in Asia.

Jack was born and raised in the UK and after traveling to Bangkok 17 years ago, he fell in love with the magic of Thailand and decided to stay. From working as a bank cashier to partying every weekend, Jack has made the ultimate life transformation through the help of health and fitness.

Now a successful businessman and founder of the highly sought-after Bangkok gym, Base has changed the fitness game in Asia forever.

Join us in today’s episode of Fruiting Body Podcast as we step it up with the Founder of BASE gym, Jack Thomas.

We first go back to the beginning of Jack’s career as a banker in the UK to find out what made him want to travel to Thailand, how selling clothes became a huge business, and why Bangkok stole his heart.

We find out more about how BASE gym has become the number 1 household brand for health and fitness in Asia, what it takes to compete at the top level in a highly competitive industry, and the processes involved to start and run a successful business from anywhere in the world.

▸ Three (3) Simple Steps to Help Our Account Grow

1. SUBCRIBE TO THE FRUITING BODY PODCAST: https://bit.ly/3b8l2Yx
2. LIKE OUR VIDEO
3. LEAVE A COMMENT & SHARE

THANK YOU TO ALL OUR SUPPORTERS 🙂

▸ SUBSCRIBE TO THE FRUITING BODY PODCAST | https://bit.ly/3b8l2Yx
▸ MORE FRUITING BODY PODCAST | https://www.youtube.com/c/FruitingBodyPodcast/playlists

FOLLOW US ON INSTAGRAM ▼
▸ BRENDAN ONEILL | https://www.instagram.com/brendan.william/
▸ FRUITING BODY PODCAST | https://www.instagram.com/fruitingbodypodcast
▸ MUAY THAI & MUSHROOMS | https://www.instagram.com/muaythaiandmushrooms

MUSHROOM PRODUCT ▼
▸ WEBSITE | https://fruiting-body.com
▸ FOLLOW OUR FACEBOOK | https://www.facebook.com/fruitingbodypodcast

OUR GUESTS SOCIAL▼
▸ Jack Thomas IG | https://www.instagram.com/jacktbase
▸ Base Bangkok IG | https://www.instagram.com/basebangkok
▸ Base Bangkok Website | https://basebangkok.com/
▸ Fitness Business Asia | https://www.instagram.com/fitnessbusinessasia/

TIMESTAMPS ▼

00:00 – Fruiting Body Intro
01:35 – A Need for Health & Fitness
03:32 – The Weekend Warrior
06:55 – Feeling the Magic of Travel
08:57 – Never Trust a Tuk Tuk Driver in Bangkok
11:00 – A Psychedelic Experience in Koh Phangan
15:03 – “The Bangkok University Degree”
18:30 – The Export Business & The World Economic Crisis
24:40 – Californian Fitness
27:24 – A Diploma in Personal Training
28:42 – If He Can Do it, I Can!
32:30 – The Truth About HIIT Training
35:50 – The Lab
37:24 – A Journey of Learning & Progression
39:04 – The Concept of BASE & Finding Investors
42:26 – Turning Weakness into Strength
45:19 – The Branding Process of BASE Part 1
46:43 – The Power of BASE
49:53 – Steering the Ship
51:31 – The Branding Process of BASE
53:50 – BASE, Voted Best Gym of The Year Part 1
56:38 – Black Hats & The Importance of PR
58:40 – Base Voted Best Gym of The Year Part 2
1:01:30 – Before & After ‘Gym of the Year’ Award
1:02:33 – How Base Gym’s Competitive Progress Tech Came to Fruition
1:08:04 – Structure And Data to Reach Personal Fitness Goals
1:12:38 – Evolution Of a Gym’s Unique Concept
1:14:42 – Benefits of Measuring Client Information
1:17:41 – The Back Chatter
1:19:09 – What It Takes To Be CEO/Founder
1:23:16 – Marketing w/ Storytelling & Customer Engagement Drives Sales
1:26:04 – More Fishing Poles, More Opportunities
1:27:38 – Base vs. The Metaverse
1:30:09 – What’s Happening Now in The Bangkok Gym Scene
1:32:43 – Motivating Factors
1:35:19 – Leaving a Legacy
1:37:46 – Jack’s Future In Business & Passion for Marketing
1:42:52 – Jack Thomas Outro
1:44:05 – Fruiting Body Outro

Who is Fruiting Body?

The Fruiting Body represents the completeness and full development of the mushrooms’ life cycle. This process initially begins with new life and follows with multiple stages of development until ultimately a fulfilled life.

Our story began the same and continues to grow and evolve.

Fruiting Body is a medicinal mushroom company that has been both molded and shaped by our local and international community, right here in Phuket, Thailand. We understand the value of lifestyle and are committed to sharing the secrets of success and personal freedom.

We aim to provide you with a supplement that gives you the power to accomplish anything you want. Fruiting Body’s medicinal mushrooms will grant you a host of benefits that in time will spark new beginnings and your own story, this is our golden rule.

We are Fruiting Body!

Watch/Read More
Categories
Resources for Accountants

The Difference between a Top-tier and a Low-tier Business School [Video]

I’ve taught at several different business schools, and I’ve found that both higher-tier and lower-tier business schools teach the same business concepts. You’ll learn about Porter’s Five Forces, the four P’s of marketing, and the financial statements. So if you’re learning the same concepts, why do some people try so hard to get into a top business school? I mean, why does it matter where you go to school? It matters because classroom learning is just one aspect of the business school experience. What you get out of business school is also a function of: • The quality of the school’s alumni network and faculty, as well as your classmates • The helpfulness of the school’s career center • The reputation of the school and its ability to become a recruiting target for top firms — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • A 44-PAGE GUIDE TO U.S. TAXATION • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • MANY MORE FREE PDF GUIDES AND SPREADSHEETS * http://eepurl.com/dIaa5z — SUPPORT EDSPIRA ON PATREON *https://www.patreon.com/prof_mclaughlin — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/ * https://michaelmclaughlin.com

Categories
Resources for Accountants

Negotiation Skills: How to Prepare for Successful Negotiations [Video]

Negotiating is a valuable skill that can help you achieve your goals in various aspects of life, from business deals to personal relationships. To excel in negotiations, it's crucial to be well-prepared. This guide will walk you through the steps to prepare effectively for successful negotiations.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

Categories
Resources for Accountants

IFRS 16 vs ASC 842 [Video]

ASC 842 is the section of the U.S. accounting rules codification that governs accounting for leases. ASC 842 was issued in February of 201640 and has many similarities to IFRS 16. For example, both ASC 842 and IFRS 16 require lessees to capitalize leases with a lease term of more than one year. However, there are several key differences between ASC 842 and IFRS 16. These differences mainly pertain to the lessee’s perspective. The most significant difference is that ASC 842 requires lessees to conduct a classification test to determine whether a lease will be treated as a finance lease or an operating lease. If the lease is classified as an operating lease, the lessee recognizes both interest expense on the lease liability and amortization expense on the right-of-use asset. However, the lessee amortizes the right-of-use asset in such a way that total lease expense is the same for each period. In short, the lessee first calculates interest expense and then calculates amortization expense as the plug that will make total lease expense the same amount each period. Thus, lessees report a single amount for lease expense that is the same from period to period. Another important difference is that ASC 842 doesn’t has an exception for leases of low-value assets. Recall that IFRS 16 requires lessees to capitalize all leases, except (a) short-term leases of 12 months or less and (b) leases of assets that have a value of $5,000 or less. With ASC 842, the exception is only available for short-term leases of 12 months or less. For lessors, ASC 842 relies on quantitative criteria to determine whether a lease should be classified as a finance lease or an operating lease. IFRS 16 says this determination should be based on the substance of the transaction.— Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS* http://eepurl.com/dIaa5z— LISTEN TO THE SCHEME PODCAST* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc* Website: https://www.edspira.com/podcast-2/ — CONNECT WITH EDSPIRA* Website: https://www.edspira.com* Blog: https://www.edspira.com/blog/ * Facebook page: https://www.facebook.com/Edspira* Facebook group: https://www.facebook.com/groups/561316587899818//* Reddit: https://www.reddit.com/r/edspira* LinkedIn: https://www.linkedin.com/company/edspira— CONNECT WITH MICHAEL* Website: http://www.MichaelMcLaughlin.com* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin * Twitter: https://www.twitter.com/Prof_McLaughlin* Facebook: https://www.facebook.com/prof.michael.mclaughlin* Snapchat: https://www.snapchat.com/add/prof_mclaughlin*Twitch: https://twitch.tv/prof_mclaughlin * Instagram: https://www.instagram.com/prof_mclaughlin*TikTok: https://www.tiktok.com/@prof_mclaughlin