As IDEA’s editors, we’ve learned a thing or two about profit centers as we’ve read and shepherded countless articles from the best minds in the industry. To celebrate IDEA’s 30th Anniversary, we decided to collect the best (somewhat passive) revenue stream ideas, all in one place.
We hope these ideas will inspire you and launch you into the next three decades with a new perspective on how success can be yours without it eating up all of your time, energy and financial resources.
Sell a Membership Model and Adopt Auto-Paymentnewsletter_teaser: As IDEA’s editors, we've learned a bit about profit centers in the fitness industry. Here, for IDEA’s 30th Anniversary, we've collected the best (somewhat passive) revenue-stream ideas, in one place.
The following list of resources act as a supplement to the article "30 Ways to Make More Money: Win the Leverage Lotto!" as seen in the July-August issue of IDEA Fitness Journal. Each of them offer more in-depth information for the majority of the ideas presented in the article.
One way to boost voter enthusiasm in November could be to get more people exercising. In the 2008 presidential election, 64% of eligible citizens voted, according to the U.S. Census Bureau. Fifteen percent of registered voters who did not actually vote reported that they were ill or disabled or had a family emergency. Researchers responsible for the SGMA 2012 Sports, Fitness, and Leisure Activities Topline Participation Report found a direct correlation between people’s intention to vote and their activity level.
It’s well known that sedentary living is associated with health risks. Now, researchers have been looking at motorized transportation dependence and its correlation with body fat and waist circumference.
Have you ever had a great idea for a new product, but not known how to get it from your head to the marketplace? We tapped into the genius of top fitness industry entrepreneurs to see how their ideas evolved into viable, successful products—and how yours can, too.
Fill a Need [subhead]
The market is saturated with fitness products and gadgets that often end up on eBay® before they’re even out of their original packaging. Before you begin making your idea a reality, you need to consider how this product will fill a hole in the market.
newsletter_teaser: Have you ever had a great idea for a new product, but not known how to get it from your head to the marketplace? We tapped into the genius of top fitness industry entrepreneurs to see how their ideas evolved into viable, successful products—and how yours can, too.
The National Business Group on Health estimates that the corporate wellness market will grow 18% over the next 5 years. This puts the fitness industry in a perfect-storm position to create or embrace the opportunity. The major factors catalyzing this storm are rising disease and disability among Americans and relentless annual increases in healthcare costs.newsletter_teaser: The National Business Group on Health estimates that the corporate wellness market will grow 18% over the next 5 years. This puts the fitness industry in a perfect-storm position to create or embrace the opportunity.
On April 29, industry veterans and IDEA faculty members Sara Kooperman (CEO of SCW Fitness Education and Les Mills Midwest) and Dave Parise (owner of Results Plus™ Personal Training & Nutrition Center) were inducted into the National Fitness Hall of Fame. Previous inductees include Arnold Schwarzenegger, Richard Simmons, Jacki Sorensen and IDEA’s Peter and Kathie Davis.
Our work as fitness and wellness professionals can be hugely rewarding. We are there on the frontlines, helping people win back their health from the jaws of obesity and sedentary living. We give loyal participants the joy of those regular exercise sessions they love. And we train some of the fittest people in the country as they strive to break through plateaus and achieve new personal bests.