On Money Matters TV’s segment Growth Stories, Michael Verrill, Vice President of Strategic Development for The Sharp Financial Group and guest host Rija Beares, Vice President with CBRE, began by discussing commercial real estate before jumping into a guest interview with Tony Frick in which health, fitness, and the growth of his business were the main discussion points.
Tony Frick is Chairman, President & CEO of GlobalFit, a leading provider of wellness technology solutions for employers and insurers nationwide. With more than 25 years in the wellness space, GlobalFit provides powerful technology solutions that accelerate wellness program engagement, leading to improved population health and vitality.
When building and managing a team, it's great to have a diverse background and experiences in the mix. It's even more advantageous when the organization’s leader has vast experiences to draw upon.
A prime example is Tony Frick who grew up just outside Philadelphia. He credits his success and drive to his career-minded parents, especially his mother who went back to college to further her education when he was young boy. That inspired Tony and stuck with him throughout his growing years.
Years later, after graduating from Brown University (where he studied finance and economics), he spent some time as a professional lacrosse player for the San Jose Stealth before settling into a healthcare consultant role at Accenture. Soon after, Tony set his sights on law school. Citing why he decided to make the career switch, he explained “that law permeates all aspects of life - personal and professionally, and how incredibly important it is for business.” After serving as an associate in an M&A practice for a national law firm, among other organizations, Tony once again decided to make a switch.
While working in healthcare consulting and executive search engagement, Tony made many contacts with PE-backed healthcare companies. He eventually joined the board of GlobalFit and later became the company’s CEO after its previous leader retired.
Tony quickly recapitalized the business and played an instrumental role in growing the company’s white label fitness offerings both organically and through acquisition while growing to 70 employees (from 20) and doubling its revenue.
Tony concluded the interview by imparting advice to leaders looking to emulate his success. He says that he’s tried to create an environment at GlobalFit where the best idea wins, no matter its source. Further, he recommends that business owners and leaders should always listen to their team and clients in order to better understand where the opportunities are in the market.
Sharp Wealth Advisory, LLC d/b/a The Sharp Financial Group (“Sharp Financial”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Sharp Wealth Advisory and its representatives are properly licensed or exempt from licensure.
The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor.
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability or completeness of, nor liability for, decisions based on such information and it should not be relied on as such.