Hi guys!
It's your go to girl for learning how to make fit work in a crazy, busy world and today
I'm tackling a rather uncomfortable topic - money.
That's right.
I'm going to dive deep into the topic of money when it comes to beachbody coaching.
If you ever wondered "how much money does a beachbody coach make" or rather "how much
money does a beachbody coach really make" or do "beachbody coaches even make money",
you're in the right place.
If you've ever done searches along those lines or asked a coach, you could either get responses
like "well, it's not really about the money.
It's about helping people" or "wow, I'm so glad you asked.
Beachbody coaching has allowed me to pay off all my debt, retire my husband, build my dream
home and live the life of my dreams" or you may have come across one of those videos about
"my $20,000 week as a beachbody coach".
Here's the real deal folks.
When it comes to figuring out how much a beachbody coach really makes, the answer really is "it
depends".
If you look at the statement of independent coach earnings from last year, 2014, which
I will put a link to in the description below, coaches have earned anywhere from zero all
the way up to $2.4 million dollars in that calendar year alone.
Truth be told, many coaches sign up just for the discount, the 25% discount they get on
any of their beachbody products and programs, most notably Shakeology and some choose to
work it as a business and if you are one of the folks looking to sign up to work it as
a business, you want to know how much you can expect to make and it's all going to depend
on what you're willing to do as a coach.
You have to be willing to work and you have to be willing to help people.
That is your job.
When you take a look at the statement of independent earnings, you'll see that it varies based
on rank and rank is basically whether or not you're actually building a team.
If you sign up to just sell products and you don't really want to recruit other coaches
and build a team, you're probably not going to make the big bucks and that's okay.
That's not to say that you can't make a decent amount of money just by selling beachbody
products because you can.
A little confession time for me.
I'm a much stronger retailer than I am a recruiter.
Truth!
Let me explain.
Coaches can make money from either one of two ways.
By commission of retail sales they make to people they know or by earning what's called
team cycle bonuses.
Commission amounts can range anywhere from 15% all the way up to 40% depending on what
was sold.
Generally speaking, most products will earn you a 25% commission rate.
Let's say you sold a bag of Shakeology to a friend, which retails for $129.95.
That would get you a $32 commission.
Now if you remember those "I made $20,000 this week" beachbody videos, well if that
$20,000 were just made from sales that coach made, they would have had to sell $80,000
worth of Shakeology.
That's 650 bags.
To achieve those kind of results, you'll need to have built a large team underneath you
and be tapping into the power of team cycle bonuses.
Team cycle bonuses are based on the sales and purchases made by those below you.
It's a little complicated to explain, but to give you like a basic rundown, when you're
building a team, you'll build what's called two separate legs below you.
You'll cycle each time you hit 200 points volume on one leg and 100 points volume on
the other.
To run Shakeology math on that, that would mean that four coaches would have had to buy
or sell bags of Shakeology below you on one leg and two coaches would have had to buy
or sell a month of Shakeology on the other leg to cycle once.
You can cycle multiple times in a given week.
For each time you hit a cycle in a week, you'll get anywhere from $14-$18 depending on your
rank.
In case you're wondering, yes there are caps as to how much you can earn per week in team
cycle bonuses depending on what rank you are.
I'll put another link in the description below that links you to the coach policies and procedures
that goes all over how earnings are determined and what you're capped at.
If your biggest fear is that you're going to sign up to become a coach and be one of
those who make zero bonus money even though you would like to build a business, I get
that.
I actually had that fear.
I wasn't even sure if I wanted to treat it as a business.
I did sign up when I was buying Insanity and I wanted to get Shakeology and I wanted to
get it at a discount because I thought if Shakeology was as good as people had told
me that it was that I would want to stay on it and I probably wouldn't want to pay the
full price.
Even though I signed up as a "discount coach" I did have the hope in my head that I could
maybe start a business with it.
I signed up back in September, 2011 and as you'll see on the side I did not make a dime
until my eighth week in and my first check was a whopping $49.99.
You'll see the week after that things really started to pick up and that check was $319,
which was very nice.
I have been coaching now for a total of 195 weeks and aside from those seven zero weeks
in the beginning, I've only had three other zero dollar weeks.
Phew!!
Talking about money is uncomfortable and to sum it all up, yes beachbody coaches really
can make money if they're passionate about the product, they're willing to share their
story and they actually want to help people.
This is not a get rich quick scheme by any means.
It takes time and passion and effort and diligence.
If you're willing to put the work in, you're not only going to come off with the warm fuzzies
for helping people, but you will actually have money in the bank.
There concludes the uncomfortable money talk.
As always, if you have any questions you can email me at CoachPetrina@yahoo.com.
You can check out my crazy sexy cool website over at PetrinaHammFitness.com or if you want
to go ahead and sign up as a coach on my team, nudge, nudge, wink, wink, you can sign up
at JoinTeamFitspiration.com.
That's it.
Take care and have a great week.