Ways to Maximize Profits
Many people are intrigued with becoming a personal trainer nowadays because not only is it possible to enjoy work to the fullest; you may also earn a healthy financial living at it. The latest statistics indicate that in a market that is not quite so large or metropolitan, a successful personal trainer makes between thirty-five dollars and fifty dollars per hour. So on average a mid-size market trainer earns approximately forty-five dollars. This means he or she is earning about $85,000 per year with the lowest range trainer making $70,000. However, that said, even in the smaller markets there are some trainers bringing in around one hundred grand. This isnt true for the majority: Around fifteen percent of trainers hit the 100k mark.
Certainly, there are just so many hours in a day: So how, as a trainer, do you become one of the fifteen percent of trainers who reach the 100 thousand dollar a year plateau? The best way to do it is to arrange for groups of three. In this way, the price per hour is more affordable for your three participants. As a general rule, do not go over three clients within a small group because then the training becomes too non-personal.
The groups of three may be comprised of a mom and her two children; a client and two close friends or neighbors; or three acquaintances planning on attending the same upcoming event and needing to get into shape for it.
An exception to the Groups of Three rule is when a mom wants to add one more child to the group. You wouldnt want one child to be orphaned from the family group because you generally work in groups of three; however, if the mom has more than three children you may need to put your foot down here. You arent going to manage to provide the training each person deserves if the group gets too big. A suggestion is to provide maybe two family sessions per week with different member groups of the family attending. For example, if the family is comprised of six, take three members on certain days of the week; and three other members on alternate days. In this way, you are still saving the family money.
Speaking of big you can take on a larger group by marketing a particular type of training using a boot camp type of arrangement. Within a boot camp a trainer shows a group a special set of exercises and routines meant to target particular areas of the physique. In this way, you attain payment from several participants and the group is still considered small and informal enough. Whatever you believe you can handle as far as number of persons, without acquiring too large a group, is appropriate for boot camp training. Plus by formulating a boot camp you are not increasing the number of hours you work, only your revenue.
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