Originally Posted by
Martin Shenfield
Gday Rip,
I am at a crossroads in life and I would greatly appreciate your advice.
Without boring you with the details, I have found myself between employment but was recently presented an opportunity to be a personal trainer at a local commercial gym.
Long story short, I have the qualification already from years ago so I can get the gig when I get insurance sorted etc etc.
My problem is it's the standard subcontractor, I pay the gym rent and hope I get enough clients. They currently have no Trainer so I should be okay in this regard. I would need 6 clients a week to clear rent. Plus, even though they bought new equipment it still sucks.
On the other hand, I could open my own fitness studio in a modest place. There is a gap in the market for a 1-1, small group place since the only other guy doing it retired last year. It looks like if I charged $100 a week for 3 sessions I would still need 6 clients for 11 months of the year to pay rent. I have a rack and a good bar plus weights already. I've got funds to probably get through the first year with absolutely no clients and the current Australian tax system would allow me to write off many of the assets I need to obtain.
Either way I need to be a business, get clients, take all the risk. The benefits to the commercial gym are people are already there. The benefits to my own are I can run the program more effectively and do the Coach course more easily. Plus, if the Australian government does some crazy vaccination thing again in the future, having my own place may be slightly safer.
I imagine I would need a side job regardless of which I do. At least at the beginning.
I am confident I can coach normal people, I'm still training my mum who is the hardest case I will ever take. The train friends for free model has not worked for me so far and opening the business in my garage is unprofessional.
I do have access to support for building a business from some different avenues to help me with marketing and things of the like.
I'm doing Byron's training camp next month, if I get some clients I would do the Coach Development Course, and get enough experience to do the Seminar and become the greatest SSC in Australia. Which I am confident I can do in the next couple of years.
I'm old enough to need to not rush in, but young enough to make it work. I know this is my own situation and I have to make the decision, but you have not steered me wrong yet so any advice you have would be well regarded as always.