▲Takeaway03:30
Design the life you want, then reverse-engineer the business
Most people pick a career because they like the subject, then discover the day-to-day reality is grim. Propane Fitness argue you should first decide how you want your daily life to look and reverse-engineer the business from there. Going fully online, for example, is ironically sedentary and solitary, which suits some people and not others.
- Start from how you want your days to feel, not from what topic you like
- Reverse-engineer the business model from the desired lifestyle
- Full online coaching is sedentary, laptop-bound and can be isolating
- Many coaches keep some offline work deliberately for satisfaction
“you need to think how do you want your life to look day to day”
#lifestyle design#career#online coaching
▲Takeaway42:30
Free gets ignored: price signals value
Offering free coaching backfires because people don't take it seriously and even find it suspicious. Price is an indicator of value; when something is expensive people commit and value it more. A well-known marketing book selling for 800 pounds is prized precisely because of the cost.
- Free offers are ignored or treated as suspicious
- A price makes buyers commit and take the work seriously
- Expensive things get valued more, cheap or free get discarded
- Charge a modest amount even for your first cohort
“when things are expensive people value them more so something's free people tear it”
#pricing#value#sales#commitment
▲Takeaway43:30
Men coach men, women coach women (usually)
For effectiveness and authenticity, coaches generally do best serving their own demographic. A young man building programs for middle-aged women he can't relate to struggles to imagine that client's reality. The exception: if a specific demographic organically gravitates to you, follow the signal.
- Same-demographic coaching is typically the most effective default
- Coaching a group you can't relate to reads as inauthentic
- Watch for organic pull, e.g. a men's program that women buy
- Let real audience signals override the default rule
“broadly should men coach men and women coach women for effectiveness typically that's the best way”
#niche#demographic#positioning#audience
▲Takeaway36:30
The freedom number: ~20 clients to replace your income
Propane Fitness frame progress around a 'freedom number', the point where online coaching replaces your offline income. At roughly 100-200 pounds per client per month, about 20 clients replaces a typical PT income, and doubling that lets you go full-time online. Most coaches couldn't even handle 100 clients, so the market is effectively unlimited.
- Freedom number = clients needed to replace offline income
- Typical rate is ~100-200 pounds per client per month
- Around 20 clients replaces a standard PT income
- Online, almost anyone with an internet connection is a potential client
“to get back you need like 20 people”
#income#pricing#freedom number#scale
▲Takeaway62:30
Start now: the barrier is low and someone else already started
Don't wait for January or the mythical time when you have all the money and time. Setting up an online presence is now low-friction, and if you have existing clients it bolsters your offline value. Someone starting today will be a year ahead of you if you delay, and nobody is scrutinising you as closely as you fear.
- The barrier to setting up an online offering is now very low
- An online presence bolsters the value of offline services
- Waiting just puts you a year behind someone who starts today
- You overestimate how much anyone is watching your launch
“start sooner rather than later and don't get caught in the weeds with websites and stuff you don't need”
#action#procrastination#getting started
▲Takeaway63:30
Vet a mentor: ask to see their version of the business
The market for selling marketing advice to trainers is full of people who've never run a fitness business. The defence: ask any prospective mentor to show you their own version of the thing they're teaching. Just as you'd want proof a coach can lift, demand proof the mentor built and sustained the business they're selling.
- Many gurus have never run the business they teach
- Ask: can I see your version of this business, please?
- A common reason people quit is the lifestyle didn't suit them
- Demand proof of results, as you would from any coach
“the question we encourage people to ask is like can I see your version of this business please”
#mentors#due diligence#proof#red flags