Mind Pump: Raw Fitness Truth cover image

2302: How to Be a Successful Trainer in 2024 With Jason Phillips

Mind Pump: Raw Fitness Truth

CHAPTER

Navigating Financial Realities in Coaching

This chapter examines the critical differences between cash and accrual accounting practices for new coaches, shedding light on how many fail to grasp their true financial standing. It emphasizes the importance of passion over necessity in starting a coaching business to avoid poor decision-making. Additionally, the discussion highlights the challenges of maintaining quality coaching amidst a growing trend of financial motivation in the fitness industry.

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