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The Diary of a CEOThe Diary of a CEO

Gymshark CEO: How I Built A $1.5 Billion Business At 19! Ben Francis

This weeks episode entitled 'Gymshark CEO: How I built A $1.5 Billion Business At 19:' topics: 0:00 Intro 02:18 Your early years 15:16 Co-founders 18:15 Developing yourself personally & within Gymshark 36:00 The Worst Character traits in business 38:34 Learning how to speak infront of people & a camera 45:57 Why are you vlogging inside gymshark? 51:06 Gymshark through the pandemic 58:32 What do you wish you knew sooner in business? 01:03:42 Struggles with business personally 01:13:57 The future of Gymshark 01:27:19 Advice for young entrepreneurs 01:33:34 The last guests question Ben: https://www.instagram.com/benfrancis/ https://twitter.com/BenFrancis1992?s=20 @BenFrancis Listen on: Apple podcast - https://podcasts.apple.com/gb/podcast/the-diary-of-a-ceo-by-steven-bartlett/id1291423644 Spotify - https://open.spotify.com/show/7iQXmUT7XGuZSzAMjoNWlX FOLLOW ► Instagram: https://www.instagram.com/steven/ Twitter: https://twitter.com/SteveBartlettSC Linkedin: https://www.linkedin.com/in/steven-bartlett-56986834/ Sponsor - https://uk.huel.com/

Ben FrancisguestSteven Bartletthost
Dec 26, 20211h 36mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

From Shy Teen To Billionaire CEO: Ben Francis’s Gymshark Blueprint

  1. Ben Francis recounts how he built Gymshark from a bedroom startup into a multi‑billion dollar global fitness brand before turning 30, emphasizing luck, timing, obsessive learning, and relentless hard work. He explains how early influences—manual graft with his grandad, a practical IT course, and gaming—shaped his entrepreneurial mindset and approach to building teams. A major thread is his personal evolution: from an arrogant, introverted, ‘Hurricane Ben’ founder to a self‑aware CEO who uses 360° feedback, coaches, and role changes to deliberately re‑engineer his own weaknesses. He also shares candidly about co‑founder separation, social‑media pile‑ons, office vs remote work, future retail plans, and why he chose to step back into the hardest job in the company.

IDEAS WORTH REMEMBERING

5 ideas

Deliberately audit your strengths and weaknesses, then sequence what you work on.

Ben literally wrote two lists in 2015: what he was good at (brand, product, marketing, understanding the customer) and what he was bad at (public speaking, people management, operations, finance). For 3–4 years he chose to lean hard into his strengths—moving into brand and marketing roles and stepping away from CEO. Only once those strengths were rock solid did he consciously turn to his weaknesses, using coaching and exposure to improve. Practically: write your own list, pick one side to focus on for a defined period, and design your role and learning around it.

Use brutal 360° feedback as a trigger for real self‑awareness.

A 360 review described Ben as “erratic, hot‑headed, arrogant, poor manager.” He initially rejected it until his partner read it and said, “That’s the most you thing I have ever read.” That moment—“everything came crashing down around me”—forced him to accept that his self‑image was wrong and that he had to change. Actionable step: run a truly anonymous 360 (or at least ask trusted colleagues for written, candid feedback), don’t argue with it, sit with it, then pick specific behaviors to change (e.g. how you give feedback, how you react under pressure).

Hire people better than you and genuinely vacate the seat.

Ben repeatedly replaced himself: first as CEO (by Steve), then as Chief Brand Officer (by Noel), then in other functional roles. He brought in specialists from Reebok, local e‑commerce, etc., then consciously refused to ‘play the shareholder card’ and overrule them. This both accelerated Gymshark’s growth and became his primary way to learn. For founders: aggressively recruit people who outclass you in specific domains, give them real authority, and treat your discomfort at being ‘outperformed’ as fuel, not a threat.

Treat curiosity and insatiable learning as an unfair advantage.

From pestering ‘the business guy’ at his gym with questions, to DM‑ing an old acquaintance on Facebook for e‑commerce advice, to studying how his own executives manage people, Ben turns every interaction into a lesson. He calls his job “the luckiest on Earth” because he gets to learn from the best people in the world. Practically: adopt a question‑asking habit, actively watch how high‑performers operate, and view your role less as “decision‑maker” and more as “professional learner.”

You don’t need to quit your job to start; use it as a superpower.

Ben worked at Pizza Hut for £4–5/hour while Gymshark was already doing hundreds of thousands in revenue. He strongly cautions against the online ‘just quit’ narrative: a stable job lets you fund the business without draining it, and if startup #1 fails you can still eat while you try #2, #3, #4. His advice: keep your job as long as possible, pour your free time and surplus cash into your venture, and only step away when the trade‑off is obvious and the downside covered.

WORDS WORTH SAVING

5 quotes

I didn’t want to identify with those things, I didn’t want to say, ‘Ben is that,’ because I didn’t want to be that.

Ben Francis

I read the 360 feedback and thought, ‘This is not me.’ My wife read it and said, ‘That’s the most you thing I have ever read.’ Everything came crashing down around me because there was nowhere to hide.

Ben Francis

I don’t want it to be a bit like, ‘Ben founded the business and that’s all he did.’ I want to do way more than that.

Ben Francis

If every time someone failed you just moved them out of the business, all you’d be left with is a group of people that have never failed. And that’s dangerous.

Ben Francis

Honestly, just keep trying and keep trying and don’t be afraid to fail. I’ve never met anyone who was genuinely successful that wasn’t hardworking.

Ben Francis

Early life influences, learning style, and the origins of GymsharkEvolving from founder to CEO: self‑awareness, 360 feedback, and coachingHiring great people, leadership transitions, and co‑founder dynamicsCulture, office vs remote work, and building a high‑growth organizationHandling criticism, social media backlash, and personal resilienceBrand building, community, and Gymshark’s future (stores and global ambition)Advice for aspiring entrepreneurs: passion, failure, hard work, and keeping your job

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