Trainers: You need to work for yourself
There’s a saying in business: if you’re not growing you’re dying.
Personal Training is a business. Your expertise and time are exchanged at your per session rate. I’m a trainer with over 20 years of experience. Some brief thoughts on this model:
Most trainers work in a gym.
Gyms provide:
facility
leads
insurance
Partial health insurance?
Continuing education reimbursement?
For these conveniences gyms takes a percentage of your per session rate. I.e. you charge $100 for a session and split $55 to the gym, $45 to you.
Gyms often add a pay bump to incentivize trainers to work more hours. If you work a certain number of hours (let’s say 25) you get a small pay increase to $50/session.
Work 24 hours your pay is $1080.
Work 25 hours your pay is $1250.
The 25th session is worth $170.
If you miss that 25th session 20 times this year (illness, client travel, family commitments) you lose $3400.
I’ve worked anywhere from 15- 40 sessions a week for my career. There is a balancing act between working enough to make a living, and working so much your burn out and the quality of your service decreases. My sweet spot is 30-35 sessions per week. That’s enough hours to make a living without overworking or sacrificing personal time/health.
Some gyms provide a sales bonus if your fitness team hits a sales quota. The quota is:
not determined by you.
reliant on the work and industriousness of several other trainers whose schedules and workload are all susceptible to (illness, client travel, family commitments).
The more successful you are the higher your sales quota is. You can outsell 90% of your co-workers, fail to reach your quarterly sales goal ((illness, client travel, family commitments) and receive no bonus.
Let’s look at working for yourself.
You charge the same rate: $100.
Rendering 100 sessions = $10,000.
You pay your own insurance ($100/month).
You pay your own health insurance (the gym wasn’t paying the entire amount before. Let’s say you pay $450/month)
You’ll have to rent space from a studio gym. (I typically paid $1500/month).
Let’s look at the options side by side:
Gym: 100 sessions/month x $47.50/per (assuming pay bump 50% of the time) - $250/month (health insurance)= $4500.
Self Employed: 100 sessions/month x $100/per - $450 (health) - $1500 (rent)- $100 (insurance)= $7950.
Self employed Trainers make 176% more, per month, for the same work.
Is what your gym provides you worth $3450/month?
$41,400/year?
So why doesn’t every trainer work for themself?