Andrew Obrecht

EO Member Since 2001.

EO or EOA Member?
EO

Company Name:
YYC Cycle and YEG Cycle

Company Description:
We have five indoor spin studios that are focused on creating community, connection and impact for our riders and their communities.

Founded or Bought In?
Founded

Year Founded:
2014

View More Member Stories

Andrew talks about his company, YYC and YEG Cycle, and his journey as an entrepreneur. Learn more

 

Q: Please describe the growth journey of your business including where you are at today.
A: In the last 5.5 years, we’ve opened up five studios (Three in Calgary, soon to be four, and two in Edmonton). We’ve grown our team to over 300 people and our community into thousands of Bikergang members who are our customers. Starting our business at the start of the downturn in 2014 wasn’t easy, but it’s built resilience as we’ve driven momentum over the last five years. We’ve stayed steady in our vision through riding the waves within the market, managing competition and saturation within fitness, diligently building the culture and community that we have, managing partnership buyouts and many more elements that have grown our perseverance and grit as entrepreneurs.

Q: What are you most proud of as an entrepreneur?
A: I’m most proud of the impact that our studios and Bikergang have had on the community. Over the last 5.5 years, we’ve raised and donated over $650,000.00 to local charities and organizations. This makes me incredibly proud.

Q: What is the greatest challenge you’ve had to overcome as a successful entrepreneur?
A: A one and a half year buy out of a founding partner, while maintaining our community and culture was the greatest challenge so far.

Q: Please list any awards or recognition you’ve received as an entrepreneur.
A: EY Entrepreneur of the Year Finalist, Three-Time Fitness Studio of the year recipient.

Q: What about the community? How are you contributing to making the community a better place for everyone?
A: Over the last 5.5 years, our studios have raise and donated over $650,000.00 to local charities and organizations through our GIVE’R and charity campaigns.

Q: What is your mindset when it comes to being an entrepreneur?
A: Always leading with a growth mindset. That momentum is nearly impossible to start, but once you have it, it’s nearly impossible to stop. Relentlessly pursuing growth as a leader while growing leaders around me is the key.

Q: What would you say to a prospective EO’er about joining our organization?
A: It’s like having children – it changes your whole perspective on life and gives you completely new and exciting priorities. You soon won’t remember what life was like without it.

Q: Final question: what advice would you provide to a colleague or aspiring entrepreneur in regards to starting, running and growing a business?
A: EO has been essential in the growth and evolution of myself as a leader, as well as our company. It has strengthened my relationships, both with my remaining partner and our team, as well as provided the support and inspiration to continue to evolve our businesses.

EO Calgary

Membership: 108
Median Sales ($USD): 2.5M
Employees: 7,787

Contact Us

EO Calgary
Unit 345
2500 Castle Dr
Calgary, AB

T: (403) 629-4753
E: info@eocalgary.com