HOW DOES A COACH EARN MONEY?
This is always a fun conversation and we've learned from our own experience that the two questions in the back of everyone' mind is:
Truth is, we ask ourselves this question every day in our work, our relationships, our weight loss plan, and most of our commitments. It's human nature to weigh out the benefits of our efforts. Sometimes, we measure the money we make for the time we spend to earn it. Other times we measure the rewards we receive for the risks we take, or we trade the effort of something for the joy it brings us. I guess the point is that rewards and compensation come in many forms, and have different value and meaning to each one of us. It's important to know what rewards motivate and inspire you. We know you can do this and we have countless stories of people who can share why it's worth it.
So, how does taking your own personal journey to a healthier lifestyle produce an income? How could inviting people to join you in a support group, posting on social media, and sharing your story possibly replace a full time income?
As crazy as it sounds, it works. Most coaches start with nothing more than a desire to get fit themselves and they are people like you and me that you see in the grocery store and not think twice about. We build relationships with consistency, dedication and with the power of “pumping the well” you can make something that seems ordinary into a lifestyle and income that is extra ordinary.
Here are a few things you can check out today. The details in documents can share the facts and figures, but it’s the actual results that happen for you that makes it all real. I can tell you that we are a results focused community and that includes helping you reach your business and income needs, right along with your health and fitness goals.
HOW IT WORKS:
Coach Compensation Overview Document:
This document is a nice overview and yet most people don’t wrap their minds around it at first. I included it because want to be totally open and give you everything I can to help you see the facts…and figures!
Click the documents to download >>
COMPENSATION 101
This video was produced by Beachbody’s VP Michael Neimand who likes to make things simple and fun! (He’s the dad of two boys, if you can’t tell from watching) He gives a great breakdown of the several ways a coach can earn money, but here they are to recap:
a) Commissions
b) Team Cycle Bonus
c) Matching Bonus
d) Leadership Bonus
e) Travel + Swag Incentives
STATEMENT OF COACH EARNINGS:
<<< CLICK TO DOWNLOAD >>>
This document can be a little hard to grasp at first so if you have questions please reach out to the coach that invited you or jot them down and join our next Live Sneak Peek Q&A! The key here is to understand that these numbers are a full disclosure and represent coaches who only focus on selling products, while others have built large successful teams. The good news is that both methods work and pay well. Combine them, and you have a solid business that you can count on month-after-month.
Since we believe in telling the truth about what it takes to live a healthy lifestyle. Let's be perfectly honest about coaching. Is it for everyone? No, not really. Some people prefer to join our community as a customer and focus on making healthy changes first. As their story unfolds, people start asking how they did it...and coaching becomes a natural fit. Others, like me...believe that coaching can happen while we take the journey, simply by inviting others to buddy up and come along for the support.
The most important thing I can encourage you to do is simply have an open conversation about where you are in your life right now with the person who invited you to this sneak peek. Think about the next five years and what changes you could make that would have the biggest impact on your life. If nothing else, let them be a trusted sounding board for you to create a plan. Regardless of whether being a coach is a fit for you or not. We are a community of people helping people live healthy and fulfilling lives. That's what we all want for you too!!