Archive for November, 2010

NET PROFIT FOR DUMMIES

NET PROFIT FOR DUMMIES

Posted on 13. Nov, 2010 by .

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Whatsup gang. Hope you had fun going through the “article-within-an-article” from a couple of days ago on the site where I talked about how your net profits, ie. the cash you take OUT of your business and put away and don’t touch, is the most important figure to look at in your business life. I just happened to read through the article again for the first time in a long time, and decided that I needed to come on here again and clarify a little more.  Like I mentioned, that article was for PFP, and it was a little too stuffy and low-key for my tastes.  I’m going to open up a bit and dig into some more details right now. Before I do, let me mention the link that was at the end of the article.  It was to a new week-long course on how to start a personal training studio related to THE STUDIO START-UP PROGRAM.  There’s tons of valuable free content in that series, so be sure to register for it right now if you haven’t yet – here’s where to go: How To Open A Training Studio Now the concept of what I was talking about […]

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How To Get MORE Money OUT Of Your Training Business

How To Get MORE Money OUT Of Your Training Business

Posted on 10. Nov, 2010 by .

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  Hey gang.  I’ve got a real cool article for you today that you’ll be able to implement right away to start pulling more money out of your fitness business. What I’m about to say isn’t something you’ll hear from most industry people, but let me come out and say it: ==> Essentially everything in life comes down to money. ==> Your money comes from your business. ==> And the only part of the financial side of that business that matters is your NET PROFIT. Your net profit.  That’s it.  I once had a training business that was the widest reaching New York City has ever seen.  But I had so many employees, so much overhead, and such a poor business model (strictly one-on-one training), that I was able to BEAT those profits by my ONE training studio in Long Island City Queens. So forget how many employees you have, how big your place is, how many certifications you have, or even what your GROSS profits are. What you should be paying attention to is your net.  That’s the cash that you can take home to buy yourself “bling”, investments, cars, or whatever turns you on. Don’t think money’s a […]

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