Setting Up Finances for Bootcamps – Group Training Business – Rates for Bootcamp Training Business
Fitness business expert Pat Rigsby is joined by BJ Gaddour as he continues his live presentation discussion of the bootcamp business model, this time focusing on the financial aspects. This is the audio file and transcript of Pat’s live workshop in 2010. (If you attended this workshop, you already have this material.) As a live event, the sound quality isn’t quite as good as our other lectures.
“For people just starting your program, in about three weeks they kind of feel like they are getting their bearings. You cannot just pull the rug out from under them. Three-on and one-off should be considered more of high-intensity segment, and this fourth week is low intensity, so maybe it’s unsupervised. Maybe it’s semi-supervised. Maybe it is one time a week. Maybe there are a couple of optional things. Maybe you bring in another coach.
“If you have your own facility, you can offer an open gym during that flex week or that open week. You can offer optional camps led by somebody other than you. You can offer the recovery workouts. You can do home workouts—bootcamps to go, where you are providing them solutions they can do on their own.” ~Pat Rigsby
• Three-on and one-off schedule with options
• The options are considerable
• Six weeks on, one week off
• Open gym—don’t abandon your clients
• Choose a base program
• Pricing your bootcamps
Pat is a leader in the business of fitness directed toward personal trainers, coaches and bootcamp or group class leaders. His main sites are fitnessrevolutionfranchise.com, fitbusinessinsider.com, and myathleticrevolution.com.