 So, how do you run a sustainable basketball training business where you're not having to chase clients for money constantly and they're not committed, they're not reliable? That's what we're going to cover in this video here. My name is Nick Aldera. I'm a client success coach with Make Money Coaching Sports. If you're looking to connect after this video and chat about what you're currently doing in your business, you can text me. It should be behind me right there on the whiteboard. Text me the word GROW to 732-908-2315 or you can check out the links in the description to schedule a free call with me, okay? So how do you run a sustainable basketball business where you are not having to run after people and chase them for money and you're getting a consistent revenue? So number one is stop collecting cash, stop accepting different payments on like Venmo and Cash App and Zell, all these different ways. Come up with a method where they pay online, where there's clear terms on that page where they can see all the information. For example, the coaches in our program, we use something called SAMCART. It's very clear and you can put people on subscription payments and you can put in all the terms there and everybody pays on that. Now you might say, well, I don't want to have to pay taxes or fees. Guess what? If you run a legitimate business, there is no escaping that, right? You might not like it, but there's no escaping that and you're not good, like LA Fitness isn't sitting there collecting cash, right? So you got to run it like a gym. Now you can have longer commitments than a gym, but people should pay upfront online, okay? So next, get your payments automatic online before anybody starts. Never allow people to train and then pay. Everything comes first. Just like when you buy something on Amazon, you pay first, right? You join a gym, you pay first, now you have the month to do it, okay? So that's number one. Number two is you want to get people on a commitment. One month, if you do have everybody on month to month, you really don't know. They could just ditch you, you know, whatever they want really, okay? So you want to get people on three months, six months, 12 month commitments, right? Now three months isn't very long, but it's an option to kind of anchor and you can kind of charge more per session like that and then give them a discount for, you know, committing for longer. So you need to get people on a committed plan where you know you're going to have a set revenue coming in, right? Number three, you got to have a cancellation policy, especially when you're first starting out and you have to pay for a gym like that, you're renting, you can't afford to have people just suddenly ditch you just like this. You need time to get more people. So whether you want to make it seven days, 14 days, 30 days, 60 days, that's really up to you, but you want to have time to get somebody new. I recommend, we recommend a 30 day cancellation policy in our program, okay? So number four is you need to have your terms in place. What happens if somebody misses a session? What's the policy, right? You are the business owner, you have to take control of the situation, otherwise Timmy's mom who signed up, Timmy is going to try to control how you run your business and now it's going to become Timmy's mom business and not your business, right? So you are in charge as long as you let people know upfront, right? You'd be fair, but you also have to be firm in whatever you say, okay? Number five, you got to add value outside of just in-person training, whether you give kids homework, you know, how to structure it. Now, that's things we talk about, all the details of this we talk about in our program. It's called the Accelerator Program. If you are looking to connect and learn more about it, in the description, it says, this is how we help coaches. You can click that into your info and you can watch a quick five minute video on how we help coaches or you can just text me the word grow to 732-908-2315, okay? So added value, right? Massively important because that keeps people in the program. So what are you adding to them that isn't just in-person, face-to-face because we have a lot really good technology where you can add a lot of value, like I'm adding value right now via YouTube. So how can you do that for your clients, okay? Number six, are you running camps and clinics when there is no school, right? So that's your one-time payment, but your regular program throughout the year is consistent reoccurring automatic revenue. That's the base. That's the foundation. And then camps, clinics, those are one-time payments, but you can generate a lot of money from those. There's going to be a big part of your business, but you still have to have that reoccurring revenue within the business. Now, there's a lot more details than I can fit into this video, but if you are somebody who is hungry to run your own business, now, when I say hungry, I mean, you're not thinking about, oh, I just want to do a side hustle, right? You're not going to do that. You're not going to be good at this if you think like that. If you are serious, just like a kid that you're training, if a kid is half in on getting better at basketball, they're not going to get better, right? So as a coach, it's the same exact thing. If you are dedicated, right? If you are willing to do what it takes to run your own business, work for yourself, you know, potentially eventually take yourself out of the business, hire new coaches. If you are hungry to do that, I want to talk to you. If you don't have that mindset and you're not serious and you're just like, or you want like me to talk to you about like drills and stuff, like drills are everywhere. We help coaches run their business, okay? So if that's you, if you're serious, text me the word grow, 732-908-2315, it's on the board in the back, or you can schedule a call directly, okay? Thanks for watching. Make sure you click that like button and also subscribe to the channel.