Handling the unexpected during a pandemic. Moving from private to public in 2021. Staying optimistic and realistic in an evolving economy. Life Time has had to be ever thoughtful about its financial standing and place in the market over the past almost three years.
To discuss how the organization has made it happen, Mad Money’s Jim Cramer visited Life Time One Wall Street in New York City to explore the newest Manahattan athletic country club and talk with Life Time’s founder, chairman, and CEO, Bahram Akradi. They conversed about the ups and downs of navigating the last few years, how Akradi’s vision for the company has remained consistent, and the culture of care that sets Life Time apart.
When I first decided to build this company, I had a clear idea — I didn’t want to build a fitness center, I didn’t want to build a gym. We really wanted to build that place that after you got done with your workday, you would feel like, “I want to go there.”
Our goal has been to create an environment that people just love to be in, naturally. Socially, it’s a place they want to be with other people — pleasant, inviting. And then they get to do all aspects of their healthy living, healthy aging in one place. We want it to be an exclusive experience, but we want it to be inclusive. We want to allow people to come in and enjoy it.
Watch the full interview:
