I am an in home personal trainer and have struggled with ways of creating additional revenue streams. I am trying affiliate marketing and just completed a nutrition course I would like to use. Has anyone had success in incorporating other income streams? Also, I don’t want to trade time for money and I would like to avoid mlm.
Hi Michael. There are many, many revenue streams for fitness professionals. It really depends on what fits your particular skill set and interests. For me, it’s writing and putting on clinics. I love to write and do it often. Not only does writing for publication offer an additional revenue stream but it allows me to reach a much wider audience with my message on health and fitness. Clinics allow me the opportunity to work with a wider audience than I possibly could working exclusively one-on-one.
Figure out what you enjoy, figure out what your skills sets are and then figure out a way to develop a business model utilizing that thing.
I’m not sure that I know what the ‘mlm’ abbreviation is.
What other steps have you taken to promte yourself?
How large is your home gym/square feet?
How many clients are you actively training?
Do you teach group PT training?
Is your location easily found and adequate parking?
What/Where/Who are your competitors and what advantages do you offer?
Hours/Days open for training?
Could these areas be improved upon before incorporating additional time and resources elsewhere?
MLM’s can be a great revenue source however, they take time and money to build a substantial organization and are usually short lived.
Wishing You Great Success!
I visited your web site and saw that you are already branching out in many different directions from supplements to exercise products in addition to the training in client’s homes.
When you say that you do not want to ‘trade time for money’, do you mean that you want to generate extra income without putting in any time and effort? If so, I am not quite sure there is such a thing short of investing your money and living off the interest.
If I misunderstood, you may contemplate group programs for corporations. Your clients may be able to give you some leads. Many companies are trying to control health care costs by giving their employees incentives to exercise.
How about getting a Group Exercise Leader Certification with an accredited organization and start a bootcamp for skiers?
Get specific about your area of expertise and concentrate on that.
Personal training can be finite, look at the bigger picture in the fitness world, there are so many populations that have not been touched.