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.
I think a great way for fitness professionals to open up new revenue streams is by adopting innovative technologies that you can integrate into your practice. There are a lot of amazing technologies out their that range from gym equipment to software solutions. Of course gym equipment comes at such a high cost so it will take time to recoup and you can’t exactly move equipment around if you are an on-site trainer. I think your best bet is to look at mobile software technology that could help you train your clients. It’s a fast growing area. For example check this out (disclaimer I am the founder of this company!): http://oneaura.com/private-beta-request/fitness. This is an example of what I am talking about. Adding a product or service like this can give you a reason to charge the client more. Anyways i’m always more than happy to talk if you’d like. Best of luck!