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Make Six Figures As a Personal Trainer and Live a Life You Love
Make Six Figures as a Personal Trainer and Have a Life
How much do top personal trainers earn? Well, when I compare what I make as a personal trainer to the millions of people on the Internet who claim to be making money in the fitness industry, it feels like a silly change. For example, I received a nasty automated email message from a fitness marketer a while back in which he claimed he was a millionaire and that one of his friends was making over 150k–a month. I don’t make much more than that a year as a personal trainer, so I know that such “success stories” can make you feel like you’re going down the wrong career path. So why pursue advanced training? Why should someone be a personal trainer and only make 100K? Well the answer has nothing to do with money.
Don’t get me wrong; income is important, but there are other things to consider, such as:
– What is your take-home pay?
– How many hours do you work?
– Do you enjoy your work?
– Where are you going, professionally?
– Are you the kind of person you want to be?
– Is your job fulfilling or boring?
These are the factors to weigh when deciding how much importance to place on how much you win because they are what being a top level coach is all about. It has nothing to do with the income, because when you consider all the factors, what this profession offers you is much more than just what the 100K represents.
Not that there’s anything wrong with earning six figures… After all, $100,000 income has a certain cachet and significance in America.
It means membership to the consumer society. You can now participate and enjoy what people call the American dream and way of life. When you stop to think about it, our entire consumer society and marketing is dedicated to these six-figure earners. For example:
– You can make payments on Mercedes Benz.
– You can save enough to buy a home.
– You can afford to build a high fashion wardrobe.
– You can take vacations to places to domestic resorts and abroad.
– You can afford to throw away about 10% of your income each year.
Is all this superficial? Yes, but if you can’t have or do these things, you’ll feel left out, like you’re one of the non-colored kids who can’t get into the party. But, consider the price of admission to that party. We feel that it takes millions of dollars to live a comfortable and attractive lifestyle. So, we end up working for years
finally and sacrifice the best years of survival and countless other things to get the kind of lives we want, but waste a lot of them in that pursuit. We fail to realize that only a simple plan to six figures in earnings would have gotten us there! I remember when I first reached this level of income. There is a certain sense of entitlement that comes with it – as if the curtain has been pulled back and a new world has been made available to you.
Remember that less than 10% of people in our society make 100K. When you consider the type of work that personal training entails and the fact that training rates are so high, I think it has to be the best and easiest career to earn a six figure salary. By simple, I mean you can earn it just from training customers. You don’t have to sell e-books, vitamins, books or balance boards, record videos or open a small training studio. You can do it by training profitable clients – period.
If you’re still not winning as much as a coach, you’re probably not thinking about what you’re doing right. I don’t know where or when being a personal trainer got a bad rap in the fitness industry, but I think the reason is because it’s usually associated with the mainstream health club setting, not independent trainers who want to create a stable practice. That’s why you hear a lot of people who are into fitness for some reason talk down about training. They want to skip the step of being a personal trainer. They are the ones who want to own a sports gym or be a strength coach for a major sports team.
There is nothing wrong with that; reaching a top position in this field is a great goal and being a top level trainer can give you those opportunities. It becomes very easy to shape your future when you earn 75-100K in about 25 hours a week. Even if you are a college student working toward your sports science degree, earning a good income in this field will increase your career curve straight up. Ultimately, what makes more sense to you? Working a part-time job doing some unrelated task while you’re at school, or already succeeding in the field you’re studying for? And remember, you can apply everything you learn in school to your clients
The advanced trainer lifestyle has given me the time to do and learn things I would never have been able to do otherwise. Professionally, I learned to become an effective writer, made many lucrative connections, wrote for the top training magazines and spoke at the top conferences. Personally, it gave me the type of high-profile lifestyle that I thought was only reserved for drug dealers or trusted brats. Another group that knocks on the six-figure salary are the coaches out there who think they’re already earning it. But when we talk about six figures, there’s a lot we don’t talk about. I don’t mean that you:
– made 150K in sales in your training department last year, of which you only kept a small commission.
– worked 60 hours training children and elderly women (not that there’s anything wrong with that but it’s not for everyone).
– you “own” a gym. I make more than any of the private gym owners I’ve ever met. They all had business partners so were only minority owners in their gyms, and had tons of expenses and worked at least 60 hours a week. They didn’t own the gym, the gym owned them.
By the way, I don’t care that you own a gym, because after you’ve paid all your employees, expenses, and advertising expenses, you’re very lucky and smart if you took home more than 100K–and, again, you probably work a lot of long hours for to do it No, when I say six figures, I really mean six figures in take home pay. How is that possible? It is because in our economy, the government loves entrepreneurs. They are the people who make the entire economy possible in the first place.
Remember, when you’re a personal trainer, you’re technically a small business, even if you have no employees or only have 10 regular clients. If you form an S-corp as a small business person, you can declare many of your expenses as tax deductible. And the tax documents for S-Corps are not heavily scrutinized – that’s the advantage of living in a capitalist country. America loves and cultivates entrepreneurs.
There are other blessings to consider, such as the fitness lifestyle. Did you know that most fitness conferences are held in Vegas and Miami? This means that your hotel, airfare and admission to the event are all tax deductible, as are your training certificates, gym memberships and exercise classes. So, how do you get to that six-figure salary? It all boils down to just two things: doing expensive training sessions, and finding and keeping a dozen or so clients who can pay for them. It really is that simple.
The ball is in your court. Chase it.
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