Contract CEO
Role
Turnaround
Stage
6 months
Duration
$480K+ turnaround
Impact
The Situation
An international fitness brand spanning digital subscriptions, equipment sales, and gym operations was losing $40K monthly. The business had fundamental operational issues: no inventory tracking, no COGS analysis, negative contribution margins on core products, severe technology dysfunction, and 6-figure technology initiatives greenlit without business cases, ROI analysis, or governance oversight.
What We Did
- ·Restructured pricing strategy and halted unprofitable customer acquisition channels
- ·Terminated unfunded projects lacking business justification (mobile app, business intelligence platform)
- ·Established strategic framework for subscription business including KPIs, OKRs, and growth initiatives
- ·Implemented inventory tracking and cost analysis infrastructure
- ·Improved website performance by 75%+ (page load times, checkout flows, course access)
- ·Consolidated vendor spend and eliminated redundant technology costs
- ·Developed multi-channel marketplace strategy to monetize stranded inventory and reduce platform risk
- ·Built manufacturing/logistics operations for international sourcing
- ·Optimized organizational structure through talent assessment and contractor management
The Results
Reached cash flow positive operations in 3 months through improved unit economics and operational efficiency. Total annual impact exceeded $480K via eliminated losses and cancelled wasteful spending. Established financial controls and operational infrastructure to support sustainable growth.
