John Clancy, CEO at Planet Fitness Midwest LLC, Episode 188

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John Clancy is the CEO of Planet Fitness Midwest LLC, a fitness franchise focused on providing affordable and judgment-free workout spaces. With a passion for health and wellness, John has led the company to remarkable growth by expanding its footprint and creating a welcoming environment. Under his leadership, Planet Fitness Midwest has become a beacon of inclusivity, offering fitness opportunities for people of all backgrounds and abilities. John's commitment extends beyond his role, as he actively engages in philanthropic initiatives and works to make fitness accessible to the community. Through his vision and dedication, John continues to shape the fitness landscape in the Midwest.

On this episode of The Wow Factor podcast, we have the extraordinary John Clancy as our guest. From starting with little and struggling to find low-paying jobs, John shares his remarkable journey of becoming a Broker at Stratton Oakmont and attaining millionaire status in just three years. He opens up about his involvement in one of Wall Street's biggest frauds, the aftermath of its exposure, and the personal challenges he faced. From being a federal target to enduring a difficult jail experience, John's story takes an unexpected turn when he experiences a profound moment of redemption. Learn why he remains dedicated to being a Christian foot soldier and the transformative power of second chances. 

“God had given me this talent for sales.” - John Clancy

“As God got me more and more exposed to the real world. And I started feeling that emptiness that lack of peace inside was getting bigger and bigger.” - John Clancy

“As a Christian businessman, you’ve got to be radically obedient to the Holy Spirit, and a lot of that is radical obedience to generosity.” -  John Clancy

This Week on The Wow Factor:

  • How John went from being broke and trying to get low-paying jobs to finding a role as a Broker at Stratton Oakmont

  • How he became a millionaire in three years

  • How John found his inner peace in the middle of professional turmoil

  • The experience of being involved in one of the biggest frauds in Wall Street history

  • What happened when the fraud was uncovered, and stock prices tumbled

  • The first person John called when he found himself on the front page of the Wall Street Journal

  • How John felt when he realized he was a federal target and how he made a deal

  • What happened when the state then indicted John, and why he didn’t take the ‘no jail’ deal

  • Why he illegally fled to the Bahamas, and the horrific experience in jail he suffered on his return

  • The moment the Holy Spirit came to him when he was suffering the weight of sin

  • What John decided to do when he was acquitted 

  • Why John still loves being involved with Planet Business

John Clancy’s Word of Wisdom:

If you're a Christian, and you own a business, or you want to own a business, or you want to build a business, it is absolutely imperative that you follow the leanings of the Holy Spirit. God answers prayer, but as a Christian businessman, you’ve got to be radically obedient to the Holy Spirit, and a lot of that is radical obedience to generosity.

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Mark Johnson, Managing Partner and Co-Founder at Michigan Software Labs, Episode 189

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Honoring Tom Smith, Former CEO of Food Lion, Episode 187