Mike Rashid Net Worth: How He Became a Multi-Millionaire
Mike Rashid, a former professional boxer, is an entrepreneur and YouTube fitness instructor with more than 20 years of experience in the health club industry. Mike Rashid net worth is estimated to be $35 million.
Mike’s story starts when he was just 16 years old and started boxing professionally. By his early 20s, he had a career record of 38-0. Mike last fought in 1997 at age 27 when he retired from the sport due to injury.
After retiring from boxing Mike started consulting with health clubs on how they could improve their business model. It was during this time he realized the health club industry was changing, and he wanted to be part of this change. Mike knew there would be a shift from gym memberships where people pay for access to equipment but don’t actually use it because they are not sure how to use it correctly or lack motivation.
Mike believed he could turn things around by creating YouTube videos demonstrating his workouts and selling DVDs online. Mike’s YouTube videos demonstrate Mike working out and explain the correct form for each exercise as well as how many reps, sets and rest periods should be used. He wants to educate people on fitness so they can take responsibility for their own health rather than rely on doctors or drugs.
His net worth is estimated at $35 million. Mike’s company sells fitness DVDs and provides personal training sessions online through Skype, which Mike hopes will help Mike expand his client base worldwide to people who cannot afford a health club membership or do not have the time to go regularly due to work commitments.
Mike Rashid net worth is expected to increase as he continues creating YouTube videos and DVDs. Mike has a YouTube channel with more than 600,000 subscribers where he uploads new videos weekly for his fans to watch free of charge.
Mike has also written two books on fitness which are available online through Mike’s website as well as Amazon and other retailers including Barnes & Noble.
Even though Mike is retired from boxing, Mike is still very much involved in the sport. Mike trains students and provides motivational speeches for athletes at boxing matches, fitness events and other fundraisers throughout the year. Mike also owns a gym where he coaches young boxers who are working to become professionals like Mike did many years ago.
Mike is also involved in the health supplement business, where he creates protein bars with nutritional supplements that help him maintain his physique even though he no longer competes as a professional boxer.
Mike’s advice for aspiring entrepreneurs is to work hard at what you love because doing so will give you satisfaction and help you achieve your goals. He believes that if you live a healthy lifestyle and surround yourself with positive people, success will follow.
Mike’s favorite quote is from Muhammad Ali: “Champions aren’t made in the gyms. Champions are made from something they have deep inside them – a desire, a dream, a vision.”
I buy and review courses so you don’t have to. Sometimes, I even find courses that are legitimate and worthwhile; and that’s how I accidentally came across one that led me to building a 6-figure business in a little under 5 years. Now, I still review courses because it’s my favorite hobby. 🙂 Learn more about me here.