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Name: Mark Mastrov.
Title: Chairman and CEO.
Company: 24 Hour Fitness Worldwide.
Education: B.S. in business administration from California State University at Hayward.
Background: Born in Oakland and raised in Castro Valley, Mastrov for $25,000 including $15,000 borrowed from his grandmother - bought 10 percent of a San Leandro fitness center where he worked in 1983. Today, San Francisco-based 24 Hour Fitness Worldwide (the holding company) has 437 clubs in 15 states and 11 countries, 3 million members, 28,000 employees, and it broke $1 billion in sales in 2001.
Residence: San Francisco and Lake Tahoe, Nev.
BUSINESS PHILOSOPHY
Essential business philosophy: Hire people in the positions near me who are smarter than me.
Best way to keep competitive edge: Always try to move forward and improve what you're doing.
Guiding principle: My word is my bond.
Yardstick of success: How well my team around me is doing.
Goal yet to be achieved: There are a lot of cynical people who say they can't work out - or won't work out. Our...