Passive income is revenue that is generated with little to no effort on the part of the recipient. It is income that is earned from investments or other sources that require minimal maintenance or ongoing work to generate income. For a freelance personal trainer, finding ways to earn money while sleeping or enjoying life is a dream. So let's see how you can get there.

Many personal trainers who don’t feel fully in control of their finances are significantly stressed. Being aware of your finances is the first step towards having a profitable fitness business and make intentional plans for your future.

The job market for personal fitness instructors is expected to grow faster than the average for all other occupations between now and 2026. ​

If you’re reading this then the chances are you know you need to raise your prices. If not now, soon.

Maybe you went in too low from the start and now you’re trying to pick up the slack. Or your business outgoings, plus the cost of living have outgrown your current business model.

We’ve been there. You just received your certificate and couldn’t be more excited to get out there and start changing lives. But then you realise it's not all sunshine, happiness and banknotes flying in your pocket. In fact, it's nothing like what you expected.

Starting up a new personal training business is a big risk and, as one might expect, a lot of hard work. In the early days, there will be a lot of late nights, along with worry and questions about how to make ends meet. 

The average salary of a Personal Trainer in the UK and USA are £19,323 and $30,385 respectively a year,
 
When compared to the average salary of £27,000 for all jobs we are earning less than average but we usually serve people with the most disposable income and provide them with the upmost value.
 
Despite our chaotic earning patterns that can have us living like kings one months and struggling the next, as business owners we don’t tend to make the best business decisions when it comes to securing our personal trainer salary.

​One of the hardest aspects of starting your own personal training business is finding the perfect rate to charge for your services. If you set your rates too low you’ll quickly run out of money and have to close up shop, but if your rates are too high you’ll price yourself out of the market and struggle to find any clients. Finding the right balance between profitability and affordability requires you to look at a number of business different variables.

3 months ago I took what was, for me, a huge step.

I increased my daily ad spend on my Facebook ads from £1/day to £2/day for my company that provides personal training in West Bridgeford.

http://www.boostyourbody.co.uk/

Yes, really.

Over the previous 17 months, which is when we started the business, we grew from £0/month to around £2,000/month using a variety of techniques. Mostly word of mouth, networking, referrals and pure good luck in some cases.

They were great and we ran some ads to supplement that offering a short trial for a low fee, usually 21 days for £21.