Good Bad Business

19 Episodes

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Gyms: The Perfect Business… Until You See the Numbers

2026-10-1355:04

Gyms: The Perfect Business… Until You See the Numbers Imagine owning a business where customers pay every week even when they don't show up. Recurring revenue, thousands of members and predictable income. So why aren't gym owners all rich? Australia's gym industry generates around $3.7 billion annually, with approximately 7 million Australians participating in fitness and gym activities. From the founders of Jetts revolutionising 24/7 fitness to the rise of Anytime Fitness, gyms look like th...

Michelin: The Product Designed to Wear Out

2026-09-2944:02

What if your product was guaranteed to fail eventually, and every failure created another sale? That’s the strange beauty of the tyre business. But if replacement demand is built in, why aren’t tyre shops money machines? Michelin began with two French brothers, André and Édouard, and a frustrating bicycle puncture in the late 1800s. Their breakthrough was the detachable tyre. But their bigger business lesson came later: don’t just sell the product, create more reasons for customers to use it....

The Red Rooster Mystery: Empty Stores, Millions in Sales

2026-09-1746:05

Ever driven past a Red Rooster and wondered how it stays open? The dining room looks empty, yet some stores reportedly generate more than $2 million a year. So what’s really going on behind that famous red sign? Born in Western Australia in 1972, Red Rooster has survived more than five decades of changing tastes, fierce competition and the rise of delivery apps to build a network of more than 360 restaurants. Peter and Rod dig into the economics behind the chicken: million-dollar store revenu...

Eagle Boys vs Domino’s: How the Pizza War Was Lost

2026-09-0738:34

Eagle Boys once had hundreds of stores and was taking the fight directly to Domino’s. Then one of Australia’s most recognisable pizza brands disappeared. So how do you lose a pizza war when you’re already one of the biggest players on the battlefield? We unpack the rise and fall of Eagle Boys, from its beginnings in regional Australia and ambitious franchise expansion to the strategic decisions that ultimately left the business exposed. Behind the familiar pink branding was a fascinatin...

15 Trends That Could Make You a Millionaire

2026-09-0122:59

There’s more than one way to make a million dollars. The real question is: which path gives you the best chance of actually getting there? Peter and Rod break down 15 different paths to $1 million, from building and buying businesses to property, investing, technology and opportunities most people overlook. But this isn't about overnight success. They unpack the numbers behind the opportunity, the founder stories that reveal how wealth is really created, and the mistakes that can turn a promi...

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