• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Tough Mudder

Turning a profit on the “toughest event on the planet”

By
Daniel Roberts
Daniel Roberts
Down Arrow Button Icon
By
Daniel Roberts
Daniel Roberts
Down Arrow Button Icon
April 17, 2012, 11:07 AM ET
Add Fortune on Google for similar content.

In 2011, Joel Gat ran every Tough Mudder event in the country. Granted, the company only held its eponymous competition 14 times. But this is not some 5 kilometer road trial. Each Tough Mudder is 10 to 12 grueling miles made memorable by more than two dozen obstacles. Par for the course: crawling under barbed wire, running through charged electrical cords, and navigating monkey bars situated above muddy, freezing water. The cost to enjoy this kind of pain? $125.

Tough Mudder, the adventure sports company behind such events, is headquartered in the decidedly softcore DUMBO, Brooklyn. But from its posh perch, the company is overseeing a rapid expansion that will more than double the number of events it coordinates. Some 500,000 individuals will participate this year, up from 140,000 in 2011. Tough Mudders will be held in Australia, Canada and the UK as well. (Gat may find it harder to attend all 35 events this year.) And, in a bid to find more recruits, the company is launching boot camp training classes through 24 Hour Fitness gyms this month.

Guy Livingstone, 31, co-founded the company in 2010 with Will Dean, 31, after Dean came up with the idea while attending Harvard Business School. “We want to drive more people to our events, obviously, but we also think of Tough Mudder as a lifestyle,” says Livingstone of the expansion and the 24 Hour Fitness partnership. “People have viewed fitness as boring, and monotonous, and drudgery. We want to transform that.”

MORE: MLB.com is gearing up for next season

Tough Mudder, in its marketing materials, is careful not to call itself a “race.” Participants — who sign a death waiver as well as recite a pledge that they will help others during the event — are encouraged to go with a group and to drink a beer at the finish line. (Dos Equis is a sponsor.) The event is not timed, though the top 5% of finishers qualify for World’s Toughest Mudder, which is a timed, 24-hour long competition held at the end of each year.

A description of the trials usually elicits one of two reactions. “When people hear about the event,” says Eric Svenson, who completed a Tough Mudder last May, “they either say, ‘That sounds kind of fun,’ or they say, ‘why would anyone want to do that?’ If you fall into the first camp even slightly, you should do it.” The company believes many people might fall into the first one but remain too nervous to sign up. Hence the boot camps.

As scary as the events may sound to some, Tough Mudder stresses that it is team-oriented. Like the recent phenomenon of CrossFit — intense group weight-lifting classes — its demographic is clear: attractive, in-shape young people who work out and party hard. The new training classes are meant to make the event less intimidating. (The tenor of the actual events is another matter. Signs that direct participants how to skip an obstacle read: “Wimps go this way, Tough Mudders go that way” and “Harry Potters go this way, Tough Mudders that way.”)

Tough Mudder and 24 Hour Fitness began testing classes with a quiet pilot program last year in the San Francisco bay area. Now it has launched them in New York City and New Jersey, and will soon offer them at locations across the country. They are free for 24 Hour Fitness members; non-members can sign up for $15 per hour-long class. For now, 24 Hour Fitness has signed on to do the classes for 2012, with the possibility of extending that deal if the partnership proves successful.

MORE: With The Verge, SB Nation looks beyond just gadgets

While the classes will likely raise Tough Mudder’s profile (24 Hour Fitness has 4 million members), it is less clear how this partnership benefits the gym, which has over 400 clubs in the U.S. Tony Wells, CMO of 24 Hour Fitness, says only that the company has made other such partnerships — like with the U.S. Olympics — and is impressed with Tough Mudder. “They’ve built an unbelievable brand in a very short period of time. So we’re excited to help them succeed in their business and get our members excited about the event.”

The classes may get people excited — Erin Hass, who did a Tough Mudder last summer, says she would have taken them — but it’s doubtful they can provide much of a simulation, since they are held inside the club. And Julian Jamison, 39, a runner and economist at the Federal Reserve in Boston, says the people who do events like this regularly would not bother with the classes.

After all, Tough Mudder has competition in the toughness department. The Barkley Marathon, a 100-mile race, is one example. It has a completion rate of less than 1% compared to Tough Mudder’s 78%. The Barkley consists of five loops, each about 26 miles, much of the unmarked trail running through briars or along mountain edges. “The people who last out there for a while are hallucinating and sleep-deprived,” says Jamison, who was happy to complete just one of the five Barkley laps. “So when I compare it to that, Tough Mudder just isn’t so difficult.” Gat concurs: “My one lap at Barkley was much, much harder than my five laps at World’s Toughest Mudder. When I finished, my feet were macerated and bleeding. I was destroyed.”

If Tough Mudder, whose official slogan is “Probably the Toughest Event on the Planet,” is not the toughest event, then where does it see itself headed? Livingstone says it is not just another mud-run, though it often gets grouped with those. “If there’s a household brand that we benchmark ourselves against, it’s Ironman, but we don’t compete directly with them in terms of participation,” he says. “Our goal is to become a household brand so that a guy can be at a bar and mention to a girl that he’s running a Tough Mudder, and she can know what that is and be impressed.”

MORE: An audience with the King of the Patent Trolls

With buzz and viral marketing, Tough Mudder is poised to keep growing. The company had $22 million in revenue 2011 and projects it will pull in $75 million in 2012. It would not disclose its profitability, thought CMO Alex Patterson says it has made money since it first launched. The startup has also made partnerships with major brands. In addition to Dos Equis and 24 Hour Fitness, it’s drawn in Degree Men, Bic, Camelbak, Paramount and Under Armour. Those brand sponsors, it claims, will help fuel it to become a mainstream mega-competition.

About the Author
By Daniel Roberts
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

Current price of gold as of July 23, 2026
Personal Financegold prices
Current price of gold as of July 23, 2026
By Danny BakstJuly 23, 2026
2 hours ago
All hail London—whatever the U.K.’s new Prime Minister says 
EuropeLetter from London
All hail London—whatever the U.K.’s new Prime Minister says 
By Kamal AhmedJuly 23, 2026
2 hours ago
MoonPay launches universal AI shopping wallet for non-technical Claude and ChatGPT consumers
CryptoAI agents
MoonPay launches universal AI shopping wallet for non-technical Claude and ChatGPT consumers
By Jeff John RobertsJuly 23, 2026
2 hours ago
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
NewslettersCFO Daily
AI coding company Cursor, soon to be acquired by SpaceX, expands its CFO council
By Sheryl EstradaJuly 23, 2026
3 hours ago
ServiceNow CEO Bill McDermott pumping his fist.
AIServiceNow
Wall Street is finally starting to buy ServiceNow CEO Bill McDermott’s story as the company beats Q2 earnings forecasts
By Jeremy KahnJuly 23, 2026
3 hours ago
Members of KAIO and Mubadala Capital stand side by side smiling at the camera.
CryptoCoinbase
Coinbase invests in tokenized version of Abu Dhabi’s sovereign wealth fund 
By Camila Grigera NaónJuly 23, 2026
3 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
23 hours ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 days ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
20 hours ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
2 days ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
2 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.