The Personal Training business world is changing. Gone are the days of it being thought as a male dominated world. Not anymore. Year-by-year, more and more females are leaving their 9-5 jobs and becoming fitness professionals.
The American Fitness Institute are now reporting that females are outnumbering the guys in the workforce by 20%! And this number is set to slowly grow as the industry expands. According to the Bureau of Labor Statistics, the fitness industry is set to grow above the national average. Better yet, there were reported more personal training jobs and an increase in how much personal training businesses earn. In fact, the average income went up from $31,720 with the top 10% earning$66,530.
The article also suggests that according to AFI’s recent study of 2000 personal trainers, it reveals the top 5 reasons why women choose to be personal trainers. They are:
- Helping others
It’s just that, people in this day and age enjoy freedom and having control of their life. Sitting in a cubicle all day and working 9-5 isn’t appealing anymore. There’s a huge shift of women leaving the corporate environment and entering the fitness world. Freedom and having the flexibility to run your own life is what having a personal training business is all about.
Personal trainers run their own business, set their own rates and operate flexible schedules which gives them more time to do what they enjoy. And that’s one of the perks of running a personal training business. But sometimes chasing freedom and flexibility makes trainers lose sight of the real reason they got into business in the first place: To make money.
Even though the industry is growing, I still see many trainers failing and living ‘average’ lives. Worse still, the personal trainer drop-out rate is still high (nearly 50%) and that won’t change either. A personal training business is like any other business. It still takes hard work, planning and it has to make money. Otherwise it’s a hobby. Not a business. And sadly, less than 10% of trainers are making an income over $50,000 – while the majority earn around $30,000. A tough industry to succeed in. But a rewarding one if you know how.
Here’s an infographic courtesy of Prnewswire.com explaining AFI’s new study:
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