Overworked, Underpaid and…Exhausted?
If you are reading this, it’s fair to assume it is because you answered “yes” to at least one part of that question.
Let’s be honest here, most of us feel this way at some point or another, no matter what industry you’ve worked in.
Many sport performance coaches spend countless hours planning, preparing and delivering, only to fall short on financial performance and feel exhausted. After all, we wake up before the sun, and go to bed just before it rises again…right?
If you are like most performance coaches, passion got you started—persistence keeps you going—and pride keeps you from quitting when the going gets tough. If you are feeling that you are
overworked, underpaid and exhausted…well, the going has gotten tough.
What to do?
Take a few steps back, and figure out how you can turn your youth fitness business into a lucrative and successful place…afterall…the world NEEDS you!
Here are 3 Ways to avoid burnout as a performance coach:
Take a 30,000 foot view, quarterly:
Sometimes we can’t see what is really going on inside our businesses until we remove ourselves. It isn’t always physically possible, but what if you could look at your business from the outside…
… what would you see? Would you like it? What wouldn’t you like? Is it what you envisioned when you started? Would you come into your own gym as a client, and why?
These questions serve to spark your curiosity, knowing what your business is really about is probably the most important thing you can do when it comes to being lucrative.
If you lose sight of your vision, your dream and the reason you started in the first place, likely that passion will fade and so will your business.
Know your numbers, monthly:
Many youth fitness business owners hate showing their numbers. Knowing your numbers is a sure-fire way to gain insight into your business.
Numbers you have to know:
- Gross Revenue
- Profit Margin
- Clients Lost
There are more than these, but this is a good start. Do you know these answers? If you don’t, you need to. If you want to make money, you have to know what is coming in and going out.
Don’t have “time” to track them, then keep ignoring them and the result (likely not the one that you or I want for you) will come, or acknowledge them and have the power to create solutions and change the course…and WIN!
It is that simple. Numbers tell the story, get to know your business’s story!
Work ON the business, not IN the business, weekly:
Performance coaches are good at coaching…we are not always businessmen and businesswomen. Overlooking critical aspects of our business, like sales/marketing, setting goals, our numbers, strategies and systems, etc. can destroy a business.
By working ON your business, you focus on the strategies and systems that optimize your performance. Spend an hour or two every week (or a timeframe that works for you), focusing on your business.
What to think about?
- What is working
- What is not working
If you are only working IN the business, you have blinders on to most of these things. You may know them, but they get forgotten. Don’t let that happen…it’s a good way to burn out.
IYCA– Executive Director
YFS, YNS, YSAS
Fitness Business Owner
Here is a free video and PDF resource for you to help save you some time (and energy) on program design for long-term athletic development.