 This video is for you if you're a trainer that is operating off of Venmo, cash, checks, any sort of one-off payment between you and your clients. Watch this video all the way through. I promise this is gonna transform how you run your business. Let's get into it. If you find today's video helpful, hit that subscribe button. And if you want more free information about how to grow your coaching business, head over to makemoneycoachingsports.com. All right, on this graph, I'm gonna show you the difference between getting paid cash. And when I say cash, I mean actually getting paid cash, Venmo, cash app, one-off payments on checks, or you're getting paid online, streamlined, where once you get paid, you never talk to your clients ever again about money. And I'm gonna show you the difference between private training and group training in camps and clinics between getting paid cash and going all online with all your payments. So first let's talk about private training. So I want you to imagine, right now you're meeting with one client. If you are getting paid per session every single time you see them, you are 100% relying on them to show up to the session to give you money. Now, here's the problem. If they text you that day and they say, hey coach, we can't make it to the session. Well, guess what? You just lost on that cash because the only way you get paid is when you actually physically see them. So here with this model, there's going to be so many different times throughout the year where kids have dentist appointments, they play other sports, they get sick, they have school conflicts where they're not going to be able to make every single session. So here with this model with personal training, private training or even group training, you're going to lose thousands of dollars per year because of how you operate. So here, I'm just going to put one dollar sign, all right? And you'll know what that means in a second. Now, if you operate online, then regardless of your client showing up or not, you're getting paid. So now I want you to imagine a client text you 10 minutes before the session, they're like, hey, we can't make it today. Well, guess what? They already paid. And if they already paid, you've already been prepaid upfront for your time, meaning you don't have to chase your client for money. So with this model, you're not relying on your client showing up to every session. Of course you want them to show up to every session. That's kind of the whole point of this business. So you can help them develop and get better, but you're not relying on them to do that to get paid. Instead, you get paid upfront for either multiple months or month by month. And you're not going to have to freak out when they don't show up or if they send you that text right before the session. So this here, I'm gonna put $3 signs. You're going to make way more money with this model than you will here. And I can prove it. I've already worked with literally thousands of coaches who transitioned from here to here. And they can have the same amount of clients and make way more money without even adding new clients because they transitioned everything over to online billing. So with online billing, it's going to protect you long-term. If you're doing this part-time or full-time, you're going to make way more steady income than you would if you're getting paid cash. And like I said, cash is cash, Venmo, cash out, getting checks, any of the one-time payments, that stuff will destroy your business, especially as you try to scale. You're working with like 20 to 50 clients. It's another whole nother job for you to collect money from them. Today's episode is sponsored by MakeMoneyCoachingSports.com. Simply head over to MakeMoneyCoachingSports.com right now and access my free webinar where we break down exactly how to grow your company to six figures and beyond. So we don't want to do that. We want to streamline your time. We want to streamline your business. So once you ask for money once, once you make the sale online, that means you're never going to have to go back to your clients ever again, all right? Really, really huge time saver for you and you're going to be way more professional with your business. Now let's talk about camps and clinics. This is a huge one because if you get paid cash for camps or clinics, you might have 20 to 30 parents who say, hey, we're going to be there on Saturday for your camp. But when they show up, you're either collecting money from them one by one or they're going to pay you after the camp is done or after the clinic is done. And again, that's not fair for you because what if they decide not to show up? Why would they still pay you for something they didn't use? And that's very common. A lot of parents who commit to cancer clinics, they don't show up to every single one. The problem you're going to run into is you're going to be relying completely on them to show up to the camper clinic to actually get paid. I've seen this personally in my business in the past. I remember I would have like 20 to 30 parents tell me that they're going to be at the session at my camper clinic and then like four or five people would show up. And I would lose hundreds and literally thousands of dollars that day because of how I operated. So here, all right? Again, I'm going to put a little dollar sign here. Like you can make some money, all right? But when you shift over to online, all right? You're going to be making way more. So we got $3 signs here. You're going to be probably making three extra what you would normally make if you're doing things the old way. So here's how I like to try to show you if you are doing it this way. If you are accepting cash, Venmo, Cash App, any of the things I've talked about, that is the most common way coaches are running their business. But here's the thing. You want to be an uncommon trainer amongst common trainers. And when you are uncommon, that means you have standards, you have rules. You are more professional than everyone else. And if that's the case, you should be doing things the new way, which is streamline all of your billing, have everything set up nice and neat and organized to the point where when you run a camper clinic, you could send out one email and sell out your whole camper clinic like a month before it even happens. So imagine 20 people signing up that day paying you online, or imagine 20 people telling you that they're going to show up and then like four or five people actually show up. You just lost thousands of dollars because you're doing it the old way. So the new way is the most effective way to run your business. This is what all of the coaches that we work with, this is what they end up doing. And they can end up growing and scaling their company, again, without even taking on new clients. But once they have this as their baseline, anytime they get a new client, it's so much easier to onboard them and get them more committed to the process. So you can choose the old way or the new way. You're going to make way more money on this side than you ever will here. And again, as you grow and scale your company, you don't want to have to deal with this extra job of collecting money. That should be an afterthought for you. It should be you make the sale, do a good job with the clients, not focusing about the money beyond that. Cause I know how it is. If you're collecting money at the sessions or you're worried if someone's going to pay that day, you are completely reliant on them. And this business is really hard and annoying to run when you are just completely dependent on your clients. Don't wanna run it that way. There's other easier ways to do this. That's it for today's video. I'll see you soon.