Fitness boot camp owners have to be experts at balancing time and money. They have to know when it’s better to spend money and save time or vice versa. They also have to know how to maximize their income for the hours they spend running their business. The Fit Body Boot Camp business model is based on the principle of maximum earnings for minimum labor. The boot camp model was created because group training earns much more per hour than selling personal training one-on-one.
But you can take the principle of maximum earnings for minimum time one step further, by creating streams of income that earn you passive income long after the work has been done. Two of the best ways to do this are by creating and selling fitness info products and by offering online coaching.
Online coaching can be a huge moneymaker for you. It was for FBBC superstar Shawna Kaminski, who just brought in $7,000 in 72 hours with her first online coaching program. The beauty of it is that you usually have to do very little once you’ve created the programs you’re offering clients.
Most of the time, you create a program or set of programs, set up a payment and delivery system, create a marketing campaign and then have something that can continue to earn money for you, while all you might do is tweak your marketing or start a new marketing campaign periodically.
Fitness info products and online coaching share some similarities and can achieve the same results, but they have some important differences. You might create a workout and nutrition program focused on losing belly fat and package it into a fitness info product, or you could create the same program and offer it via online coaching. The main differences between the two are price and interaction.