Every Wednesday we release our all new “HALO Academy: 2 Minute Drill" by Integrity Square Founder & HALO Talks host, Pete Moore on everything you need to know for financial literacy, unit economics, legal documents used for M&A and capital raises, capital sources you can access, understanding how financings are structured, valuation metrics and parameters, and what you need to know about your own business before engaging in cap raises and/or a potential sale.

If you missed our email about this, you can re-read it here: https://mailchi.mp/9567da51c0ce/2025programschedule
======================================================
RESOURCES

• https://www.integritysq.com
  
  
• https://www.halotalks.com
  
  
• https://www.thehaloacademy.com ===================================================

ABOUT YOUR INSTRUCTOR

Pete is the Founder, Managing Partner and Chief Dream Architect at Integrity Square ("ISQ"), a leading boutique financial advisory firm focused on the $4.7T Health, Active Lifestyle, Outdoor ("HALO") sector. Since founding ISQ in 2010, the firm has played an active advisory role in 100+ mergers & acquisitions, private placements and advisory assignments across North America.

Pete Moore and his team have also invested in passionate entrepreneurs at HigherDOSE, XTEND, and Promotion Vault. ISQ's media and "live education" properties include HALO Talks, the leading B2B podcast in the sector, Time To Win Again, and the HALO Academy, an Executive Education Bootcamp Series.

Prior to ISQ, Pete was Head of the Active Lifestyle & Wellness Group at Sagent Advisors (2003-2010.) Prior to 2003, Pete was co-founder of FitnessInsite, a SasS sales management platform with 1500+ clients (based in AZ.) At FitnessInsite, Pete invested his personal capital, leveraged his credit cards and learned what it takes to manage a startup.

Pete built his business and financial acumen on top of the foundation laid at three critical positions early in his career: Senior Associate at Brockway Moran & Partners, the private equity owner of Gold’s Gym International, Inc; worked as an Associate at Donaldson, Lufkin & Jenrette; and an Analyst at Chase Securities. (Now JP Morgan.)

ISQ saw a need for a deeper & more useful level of education in the HALO sector. In response, we launched the HALO Talks podcast, with 500+ completed interviews and over 120,000 downloads. HALO Talks has become a “must listen” for anyone working or investing in the sector.

Pete graduated from Emory University (BBA, 1994) and received his MBA from Harvard Business School (1999.) While at HBS, he co-founded IRON PLANET, the leading B2B auction site for used heavy equipment, which was sold to Ritchie Bros for $758 million. His hobbies include: Football, basketball, tennis, podcasting, amateur ventriloquism, pro bono DJ and fitness enthusiast.

In today's episode, host Pete Moore is joined by dynamic entrepreneur, Kevin Wathey. Kevin shares his journey from a deeply personal tragedy with his Mom, to becoming a multi-faceted entrepreneur, spearheading innovative projects across the globe. The discussion dives into two latest (and very complementary) ventures, including a new wellness resort set in Costa Rica, tailored for high-performing individuals seeking holistic health transformations.

Kevin also touches on Baseline, his health tech platform designed to revolutionize personal health management by offering customized experiences based on unique biological data. With insights on personal motivation, the importance of wellness, and his ambitious plans for future locations in Italy and South Africa, this episode is a must-listen for those interested in the fusion of hospitality, technology, and health.

On building out Velara, Kevin mentions, "The acquisition in Costa Rica was a preexisting boutique hotel. It was 24 rooms, two restaurants, a spa, and five acres of beachfront, on the Pacific Coast in the in the Nicoya Blue Zone. The intention was never to keep it as is, but to expand it. Right before we closed on it, the previous owner came to me and said, 'Hey. We have two extra plots of land adjacent. Would you like those as well?"

Key themes discussed

• Overcoming Limits Through Determination
• Opens Yoga Studio at 24
• Beachfront Hotel Expansion Project
• Pura Vida: A Subtractive Approach
• Baseline: Life Quality Scoring Platform
• Redefining Success and Profitability
• Embrace Workout Recovery Now

A few key takeaways:

1. Tragic Inspiration: Kevin shared a deeply personal story about how his mother's battle and subsequent passing from pancreatic cancer inspired him to pursue a "life without limitations." This taught him that whatever we focus on, we have the potential to accomplish.

2. Career Path: Kevin's journey from playing semi-pro hockey to getting into acting, then discovering yoga in Bali, and eventually moving into the hospitality industry, showcases his wide variety of experiences. These varied paths have shaped his entrepreneurial ventures today.

3. Building in Costa Rica: Kevin discussed acquiring and expanding a pre-existing boutique hotel in Costa Rica into a larger resort with a focus on health and wellness tailored to guests through testing prior to their stay. This venture targets high-performing individuals seeking more holistic health experiences.

4. Baseline Health Tech Platform: Complementing the resort, Kevin is also developing Baseline, a health tech platform that provides personalized health scores based on lifestyle and behavioral interventions. It's designed to track a client's health progress over time and is aimed at reducing dependence on pharmaceuticals.

5. Entrepreneurial Vision: Kevin is balancing two major projects simultaneously, driven by an overarching vision of holistic wellness and lifestyle improvement. He sees both as complementary, each aiding the success of the other.

Click here to download transcript.

Resources:

• Kevin Wathey: https://www.linkedin.com/in/kevinwathey
• Baseline: https://www.getbaseline.com
• Velara Resorts: https://velararesorts.com
• Prospect Wizard: http://www.theprospectwizard.com
• Promotion Vault: http://www.promotionvault.com
• HigherDose: http://www.higherdose.com

Every Wednesday we release our all new “HALO Academy: 2 Minute Financial Drill" by Integrity Square Founder & HALO Talks host, Pete Moore on everything you need to know for financial literacy, unit economics, legal documents used for M&A and capital raises, capital sources you can access, understanding how financings are structured, valuation metrics and parameters, and what you need to know about your own business before engaging in cap raises and/or a potential sale.

If you missed our email about this, you can re-read it here: https://mailchi.mp/9567da51c0ce/2025programschedule
======================================================
RESOURCES

• https://www.integritysq.com
  
  
• https://www.halotalks.com
  
  
• https://www.thehaloacademy.com ===================================================

ABOUT YOUR INSTRUCTOR

Pete is the Founder, Managing Partner and Chief Dream Architect at Integrity Square ("ISQ"), a leading boutique financial advisory firm focused on the $4.7T Health, Active Lifestyle, Outdoor ("HALO") sector. Since founding ISQ in 2010, the firm has played an active advisory role in 100+ mergers & acquisitions, private placements and advisory assignments across North America.

Pete Moore and his team have also invested in passionate entrepreneurs at HigherDOSE, XTEND, and Promotion Vault. ISQ's media and "live education" properties include HALO Talks, the leading B2B podcast in the sector, Time To Win Again, and the HALO Academy, an Executive Education Bootcamp Series.

Prior to ISQ, Pete was Head of the Active Lifestyle & Wellness Group at Sagent Advisors (2003-2010.) Prior to 2003, Pete was co-founder of FitnessInsite, a SasS sales management platform with 1500+ clients (based in AZ.) At FitnessInsite, Pete invested his personal capital, leveraged his credit cards and learned what it takes to manage a startup.

Pete built his business and financial acumen on top of the foundation laid at three critical positions early in his career: Senior Associate at Brockway Moran & Partners, the private equity owner of Gold’s Gym International, Inc; worked as an Associate at Donaldson, Lufkin & Jenrette; and an Analyst at Chase Securities. (Now JP Morgan.)

ISQ saw a need for a deeper & more useful level of education in the HALO sector. In response, we launched the HALO Talks podcast, with 500+ completed interviews and over 120,000 downloads. HALO Talks has become a “must listen” for anyone working or investing in the sector.

Pete graduated from Emory University (BBA, 1994) and received his MBA from Harvard Business School (1999.) While at HBS, he co-founded IRON PLANET, the leading B2B auction site for used heavy equipment, which was sold to Ritchie Bros for $758 million. His hobbies include: Football, basketball, tennis, podcasting, amateur ventriloquism, pro bono DJ and fitness enthusiast.

In this episode, we're joined by Deb Strougo, longtime industry veteran in the HALO sector. Deb shares her insights both as a seasoned consumer and advisor, exploring the current and future landscape of fitness. Pete and Deb dive deep into the experience and inner workings of high-end clubs like Bay Club, weighing their offerings and discussing the evolving needs of today's customer.

As Deb articulates the growing importance of holistic wellness and the cultural shifts in exercise preferences, she provides a unique perspective on how fitness businesses can thrive. Listen now to learn how to navigate the ever-changing dynamics of the industry and the collaborative potential between new entrants and established players. Whether you're a fitness entrepreneur, industry insider, or just passionate about health, this conversation has a ton of valuable takeaways.

With regards to empowering fitness choices and the need to provide more diverse options Deb states, "In the Pilates space for example, you're seeing a lot of women that are interested in getting more fit, but in a low impact sort of way. They're not into the whole HIIT thing. Some may have had fertility related issues, and so they are looking in other directions."

Key themes discussed

• HALO Academy promotion & consumer insights
• Boutique studio vs. big class experience
• Bay Club's competitive edge
• Orange Theory franchises in big gyms
• Enhancing group exercise programs
• Innovative membership solutions in fitness
• Brand differentiation & daily performance
• Thriving versus struggling businesses insight
• Consulting Deborah for industry insights

A few key takeaways:

1. Holistic Approach to Fitness: Deborah emphasizes the growing trend toward the holistic human being, which involves not just physical fitness but also aspects of nutrition, sleep, and overall well-being. Fitness centers are increasingly integrating these components to cater to the complete lifestyle needs of their clients.

2. Boutique vs. Big Box Gyms: Deborah discusses the advantages and challenges of boutique fitness studios compared to larger gyms. While big box gyms like Bay Clubs have extensive amenities and services, boutiques offer a personalized, intimate experience that many consumers also value.

3. Pilates Popularity: Strougo highlights the increasing demand for Pilates as people seek lower-impact, effective workout options. This trend is driven by the modality's adaptability to different fitness needs, from mobility to strengthening, making it a staple in many fitness routines.

4. Franchising Challenges: Deb and Pete also shed light on the complexities of franchising within the HALO space. Successful franchises need to balance innovation and operational consistency, and both franchisors and franchisees must work together to optimize business models and cater to local markets effectively.

5. Industry Insights and Networking: Deborah stresses the importance of leveraging industry knowledge and networking with experienced professionals when entering the fitness space. Understanding historical successes and failures can guide a new entrant or existing business in evolving effectively and avoiding common pitfalls.

Click here to download transcript.

Resources:

• Debra Strougo: https://www.linkedin.com/in/debrastrougo/
• Prospect Wizard: http://www.theprospectwizard.com
• Promotion Vault: http://www.promotionvault.com
• HigherDose: http://www.higherdose.com

Every Wednesday we release our all new “HALO Academy: 2 Minute Drill" by Integrity Square Founder & HALO Talks host, Pete Moore on everything you need to know for financial literacy, unit economics, legal documents used for M&A and capital raises, capital sources you can access, understanding how financings are structured, valuation metrics and parameters, and what you need to know about your own business before engaging in cap raises and/or a potential sale.

If you missed our email about this, you can re-read it here: https://mailchi.mp/9567da51c0ce/2025programschedule
======================================================
RESOURCES

• https://www.integritysq.com
  
  
• https://www.halotalks.com
  
  
• https://www.thehaloacademy.com ===================================================

ABOUT YOUR INSTRUCTOR

Pete is the Founder, Managing Partner and Chief Dream Architect at Integrity Square ("ISQ"), a leading boutique financial advisory firm focused on the $4.7T Health, Active Lifestyle, Outdoor ("HALO") sector. Since founding ISQ in 2010, the firm has played an active advisory role in 100+ mergers & acquisitions, private placements and advisory assignments across North America.

Pete Moore and his team have also invested in passionate entrepreneurs at HigherDOSE, XTEND, and Promotion Vault. ISQ's media and "live education" properties include HALO Talks, the leading B2B podcast in the sector, Time To Win Again, and the HALO Academy, an Executive Education Bootcamp Series.

Prior to ISQ, Pete was Head of the Active Lifestyle & Wellness Group at Sagent Advisors (2003-2010.) Prior to 2003, Pete was co-founder of FitnessInsite, a SasS sales management platform with 1500+ clients (based in AZ.) At FitnessInsite, Pete invested his personal capital, leveraged his credit cards and learned what it takes to manage a startup.

Pete built his business and financial acumen on top of the foundation laid at three critical positions early in his career: Senior Associate at Brockway Moran & Partners, the private equity owner of Gold’s Gym International, Inc; worked as an Associate at Donaldson, Lufkin & Jenrette; and an Analyst at Chase Securities. (Now JP Morgan.)

ISQ saw a need for a deeper & more useful level of education in the HALO sector. In response, we launched the HALO Talks podcast, with 500+ completed interviews and over 120,000 downloads. HALO Talks has become a “must listen” for anyone working or investing in the sector.

Pete graduated from Emory University (BBA, 1994) and received his MBA from Harvard Business School (1999.) While at HBS, he co-founded IRON PLANET, the leading B2B auction site for used heavy equipment, which was sold to Ritchie Bros for $758 million. His hobbies include: Football, basketball, tennis, podcasting, amateur ventriloquism, pro bono DJ and fitness enthusiast.

In this episode we're pleased to host Jeremy Kelstrom from Alaris, a company that continues to make waves in the B2B SaaS space by addressing the needs of youth sports, camps, and club check-in experiences. With a really cool origin story that dates back to their initially winning a business plan competition sponsored by Rolls Royce, Jeremy dives into how Alaris pivoted away from its core signature recognition technology origins to eventually becoming a key player in club management software.

Host Pete Moore and Jeremy also discuss how customer feedback led to their significant pivot, challenges and successes of entrepreneurship, and how Alaris is expanding its offerings with innovative booking platforms. Kelstrom shares his valuable insights on product market fit, customer feedback, and the importance of a bottom-up strategy focusing on front-line staff's experiences.

When it comes to the power of partnerships for growth, he states, "There are lots of deals we're brought in on where it's said to to the customer, 'Hey, you can't use our software unless you get Alaris.' That's been a testament to our partnerships with the clubs themselves, but also the member management partners."

Key themes discussed

• Innovative Acoustic Signature Technology
• Market-Driven Tech Success
• Outdoor Program Growth Catalyst
• Piggyback SaaS Growth Strategy
• Member Management Integration Advantage
• Business Growth and Market Expansion
• Customer-First, Bottom-Up Approach
• Naming Inspiration: Alaris Origins

A few key takeaways:

1. Pivoting from Core Technology: Jeremy discussed Alaris’ journey and the hard decision they had to make to pivot away from their original signature recognition technology to a more market-driven solution. They shifted focus to cater to the specific needs of kids' clubs and youth camps after realizing their core technology wasn't resonating.

2. Importance of Customer Feedback: Jeremy emphasized the significance of listening to customer feedback and market demands. He mentioned the importance of translating customer frustrations into scalable software solutions, highlighting the need for alignment with user needs rather than forcing a paticular technology onto the market that really wasn't needed (or wanted.)

3. COVID's Impact on Business: The pandemic posed a challenging time for Alaris, but it also brought about a positive shift in their focus towards health and outdoor programming. Jeremy noted a surge in interest for youth camps and outdoor activities, which they successfully supported through their software.

4. Growth through Integration and Expansion: Kelstrom explained Alaris’ strategy of integrating with major member management systems like ABC Fitness and Club Automation. This expanded their footprint within existing clients and built robust partnerships, making Alaris a mission-critical part of their clients’ operations.

5. Strategic Financial Management: Rather than take on significant outside capital and run at a deficit, Alaris has been prudent and methodical in its growth. Jeremy shared that their focus has been on creating the best product experience rather than short-term profitability, contributing to a long term sustainable and profitable business model.

Click here to download transcript.

Resources:

• Jeremy Kelstrom: https://www.linkedin.com/in/jeremykelstrom/
• Alaris: https://www.alaris.cloud/
• Prospect Wizard: http://www.theprospectwizard.com
• Promotion Vault: http://www.promotionvault.com
• HigherDose: http://www.higherdose.com

Today's Thursday. . .so that means another HALO Talks-Fast Break! Integrity Square Founder, Pete Moore, was out on location with Brian Mitchell (happy birthday! 🎂) who's got a LOT of great new info to share about his platform.

Pete and Brian had some thoughts on innovative techniques to enhance engagement and retention using the Promotion Vault platform. Here are three key takeaways:

• Boost Your Lead Conversion: Utilizing tailored rewards strategically can increase lead conversions by 12-15%. Offering incentives within the first three days after a lead comes in can be a game-changer.
  
  
• Enhance Employee Retention: Engaging employees with regular, small rewards not only gathers valuable intelligence but also significantly extends their employment life cycle. It’s shown a 30% increase in retention with a well-implemented rewards system.
  
  
• Cost-Effective Engagement: Implementing these strategies doesn't break the bank. Allocating $240 to $600 per employee annually can cover numerous engagements that help sustain and grow your team effectively.

Be sure to check out Brian's booth #1774 at the 2025 Health & Fitness Association (formerly IHRSA) show coming up March 13-14th in Vegas.

The 2025 survey insights Brian talks about? VERY enlightening. Check those out here: https://promotionvault.com/2025-fitness-revenue-pulse-survey-insights/

Every Wednesday we release our all new “HALO Academy: 2 Minute Drill" by Integrity Square Founder & HALO Talks host, Pete Moore on everything you need to know for financial literacy, unit economics, legal documents used for M&A and capital raises, capital sources you can access, understanding how financings are structured, valuation metrics and parameters, and what you need to know about your own business before engaging in cap raises and/or a potential sale.

If you missed our email about this, you can re-read it here: https://mailchi.mp/9567da51c0ce/2025programschedule
======================================================
RESOURCES

• https://www.integritysq.com
  
  
• https://www.halotalks.com
  
  
• https://www.thehaloacademy.com =====================================================

ABOUT YOUR INSTRUCTOR

Pete is the Founder, Managing Partner and Chief Dream Architect at Integrity Square ("ISQ"), a leading boutique financial advisory firm focused on the $4.7T Health, Active Lifestyle, Outdoor ("HALO") sector. Since founding ISQ in 2010, the firm has played an active advisory role in 100+ mergers & acquisitions, private placements and advisory assignments across North America.

Pete Moore and his team have also invested in passionate entrepreneurs at HigherDOSE, XTEND, and Promotion Vault. ISQ's media and "live education" properties include HALO Talks, the leading B2B podcast in the sector, Time To Win Again, and the HALO Academy, an Executive Education Bootcamp Series.

Prior to ISQ, Pete was Head of the Active Lifestyle & Wellness Group at Sagent Advisors (2003-2010.) Prior to 2003, Pete was co-founder of FitnessInsite, a SasS sales management platform with 1500+ clients (based in AZ.) At FitnessInsite, Pete invested his personal capital, leveraged his credit cards and learned what it takes to manage a startup.

Pete built his business and financial acumen on top of the foundation laid at three critical positions early in his career: Senior Associate at Brockway Moran & Partners, the private equity owner of Gold’s Gym International, Inc; worked as an Associate at Donaldson, Lufkin & Jenrette; and an Analyst at Chase Securities. (Now JP Morgan.)

ISQ saw a need for a deeper & more useful level of education in the HALO sector. In response, we launched the HALO Talks podcast, with 500+ completed interviews and over 120,000 downloads. HALO Talks has become a “must listen” for anyone working or investing in the sector.

Pete graduated from Emory University (BBA, 1994) and received his MBA from Harvard Business School (1999.) While at HBS, he co-founded IRON PLANET, the leading B2B auction site for used heavy equipment, which was sold to Ritchie Bros for $758 million. His hobbies include: Football, basketball, tennis, podcasting, amateur ventriloquism, pro bono DJ and fitness enthusiast.