 Hey coach in this video, we're going to talk about how to get paid as a basketball trainer in your business My name is coach Nick Aldearo I'm a success coach with make money coaching sports And if you're looking to connect with this for a free call You can text the word grow to 732-908-2315 or you can directly schedule a call with me on the calendar Below that's in the description. Okay, so First what we don't want to do in our basketball business is we don't want to use Venmo and cash app and all that other stuff It's not professional. You don't you don't usually most people don't have terms Attached to that right by terms I mean like if somebody doesn't show up or and or they're using it to get paid after the session We don't want to get paid After the session you want to always get paid before Everything and ideally you're running a program where you're getting paid on a monthly three months six month or 12 month Basis and that's one of the things we help people with is is scheduling or or getting clients to commit to a longer term But you want to run your program where they're paying ahead of time just like just like a gym membership We don't we don't go to the gym on Tuesday and you're like, hey, you know pay us when you can Okay, it's it's you pay up front you pay for Netflix ahead of time And then you get to watch and then you get charged again and then you get to watch right? It's the same thing you have to run your business like a business There's a reason why the they they run it like that right Amazon collects your money up front Right, they don't say they don't send it to you like hey when you get a chance just you know Venmo me when you can right you pay on your credit card. Okay, so stop using Venmo and cash app It's not collecting cash and you have all this cash in your hand because guess what they don't have to show up And if they don't show up you don't get paid, right? So your business is not sustainable again like a gym membership. They're like nobody can pay Hey, can I just give you $2 every time I come in or can I just pay $10 every time I come into the gym? Maybe some gyms might have that but for the most part everybody's their credit card gets charged, right? So that's the way you want to run it. You need to get a stripe account. It's free They do take a percentage and this is this is the block that most coaches have I don't want them taking a percentage of my money Well, guess what? There's no escaping taxes when you have a business, right? You're gonna have to legally file your business You're gonna have to pay taxes and if you don't You're gonna be more worried about that because the IRS is gonna be coming for you So Having a stripe fee is the least of your worries, right? Because again, guess what Venmo is tracked now so his cash out PayPal is a little bit better, but I don't I don't even know if you can have terms on there and policies and things like that or recurring payments With a credit card or with a stripe account you could have recurring payments so you can you can do recurring payments just with a stripe account and You can also use something that we use this is the best resource and it's called Sam cart So Sam cart is what I use It's what all the coaches in our program use for the most part It's a great resource. There's a link in the description where you can get it and learn learn more about it But it allows you to manage your clients See what they thought See your product sales make pages on Make detailed pages where it has terms checkboxes to a greater things So you need a stripe account and you need your Sam cart that allows you also to have Automatic recurring payments in your main program and then of course you can have other things like one-off payments and You got to get over the fact that Uncle Sam's taken a percentage and stripes gonna take a percentage. Okay, and Sam cart It's like either a monthly thing or you can pay for the year I personally pay for the year for mine, but it is worked Phenomenal and it's easy. I have terms attached to it. It makes running the business way way smoother. So I Know if you hate to hear this if you just started out stop with Venmo stop with cash You have those are not professional means of collecting payments those mean that payment is meant for hey I went out to dinner and I covered for my buddy and then he pays me right like it is not to run a Business because you do not it's not professional It can be professional. I think now they have a business Venmo, but it's just not as professional when you have that page with all the details All the terms and then they can make payment and on top of that you can make recurring payments In your main program Okay, so that is how you should get paid as a basketball trainer or coach in your business If you're looking to connect text me the word grow to 732 908 2315 right here Or best way to do it is just schedule a call on the calendar. The link is in the description. All right I will see you next video