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How I Make Money

28

Hey there, I hope you're doing great… first off, I want to thank you for being a reader of my blog… without my readers this blog wouldn't exist… or if it did, the only person reading it would be my mom (=

I get people all the time asking me what I do for a living, and my typical answer is usually close to one or more of these…

"As little as possible"

"I work at home"

"I own a fitness training business"

"I'm an information marketer"

"I'm a blogger"

"I'm an internet marketer"

"I own websites"

"I help fitness trainers make more money and work less hours"

"All the above"

… and those are all truthful… but I guess it doesn't explain much… I'll try to use this post to do a better job.

Today I own a few businesses in the fitness industry that generate just under seven figures for me… and fortunately I don't have to spend too much time working, which is cool cuz' lately I've been really focused on spending time with my family ( Sarah and myself our expecting our third child right now BTW) … and I've also been spending a lot of time focused on lifting and on my spiritual path.

Work is important, but for me it needs to be part of my balanced life… I don't want to spend my day just putting in my 8 hours like somehow the majority of the world agreed to do.

I never liked spending my day at a typical day job… it seemed I was…

1. Just trading an hour for a dollar ( or eight dollars … or ten dollars… or… you get the point)

2. Working to make someone else rich

3. Living by someone else's values

I've always known a day job bothered me WAY more than most people… probably 100 times as much.

That's probably why I was a marijuana trafficker in my early twenties, which I was actually pretty good at, but I ended up getting busted and living in a cell for a while and realized a life of crime wasn't for me anymore…. I'll get my criminal fix living vicariously through Scorsese and older Tarantino movies these days… but that's about as close to a life of crime as I wanna get…. everyone usually dies in the end of those movies anyway.

After I got busted I ended up working a bunch of minimum wage type jobs… the only I enjoyed was being a bouncer throwing drunks outta bars… but there wasn't much future in it.

Since I was really into working out and was pretty damn ripped at the time… personal training seemed cool, cuz it was in line with my values and interests.

So I went and got a job at a big corporate gym and couldn't stand it… it felt like like I was a shady used car salesman trying to push training on the members.

Enter Business Number One

Soon I went off on my own, got certified and started my own training business… about that time I met Steve Hochman who turned me onto group training and human billboard marketing… thanks Steve! You're the man.

Within a very short time I was making six figures as a trainer. Along with human billboard marketing I figured out how to get clients from the internet… pretty soon I had WAY more clients than I could handle, even though I trained 6 people per hour with the group training, there's no way I could handle all the clients I was getting… especially from the internet… some days I'd have as many as six new clients in just day.

So I started hiring trainers to work for me… and I split the money with them 50/50… basically my websites pull in the traffic and get interested people to call in and inquire about training, I have appointment setters answer the calls and close the calls into appointments with the trainers, then the trainers sign the clients up, my corporation bills the clients and I pay the trainers 50% of the billed dues. Clients are put on EFT and usually on 6 month or 12 month agreements that continue on a month to month basis after the term of the agreement.

I ended up hiring 15 trainers in my area and was able to completely quit training myself.

These days that business generally takes less than an hour or two a MONTH of my time and generate a nice six-figure income for my family.

It's pretty much outsourced like this…

My link builders build links to my site to help with traffic and search engine rankings.

My websites pull in people from…

  • Google Organic
  • Google Local
  • Google Adwords
  • Yahoo
  • Bing
  • Facebook Ads
  • Craigslist

The appointment setters take the calls from the people who found my websites and schedule the appointments with the trainers.

The trainers train the clients.

And my wife Sarah and rock star assistant Del manage the business, and handle all the customer service, admin and billing. ( I can't tell you how great it is to have a full time kick butt personal assistant… not a virtual one, but one right there… mine works out of our home)

Today I pretty much just own the training business, and I consider it the perfect lifestyle business… or freedom business if you will.

With the right marketing and systems in place, the thing pretty much just runs on it's own… I set it up with all the feverish OCD my soul could muster, and it's been ticking like clockwork ever since.

(BTW -  If you want to get a non-stop stream of training clients from the internet, I have a program where we walk you through it all step-by-step… just click here to check it out)

Enter Business Number Two

Now, my next business is my information marketing business… where I help fitness entrepreneurs make more money and work less hours… and there's a few facets to this one.

A lot of my friends teach health, fitness and fat loss with their info-product line… but I like to teach marketing, sales and business since it's something I'm so passionate about… I mean I LOVE to talk about this stuff.

Ok, so for my info biz…

1. First, I have a blog ( the site you're on right now) where I give away lot's of free content to the fitness industry on a regular basis. The blog is a critical part of my info business… as it's my main channel of communication between me and my subscriber list, and it's the beginning of my marketing funnel for a large number of my new customers… and the blog is out there working 24 hours a day, 7 days a week, 365 days a year, whether I'm sleeping, working out, watching a movie… doesn't matter, the blog is working for me.

2. I then have a line of information products that I promote on the blog and to my email subscriber list. From lower cost products to ones that are all the way up in the thousands

3. And then the top 1% of true dedicated fitness pro's often ascend up to one of my coaching programs, where I work with them personally via phone and email to help them reach their business goals.

4. And I also promote a "few" people's affiliate products… and usually when I do I'll make quite a few sales, and when I make sales I make nice commissions… affiliate marketing is probably one of my easiest income streams. I only promote products I truly believe in, and there's VERY few peoples who's products I'll promote… but when I do, the commissions are usually pretty nice and it doesn't take much more than an email to make em'… when I started promoting affiliate products I thought it would be a small chunk of extra change, well today it's an additional six-figures of income that requires little more than sending out a few emails.

So to sum up the info biz … it's pretty much structured like this…

People find my blog > Some purchase my products > The ones who are dedicated to making their business succeed ascend all the way up to my higher-end private coaching programs… and on top of that I do a few affiliate promotions here and there.

Now my info business is what I really LOVE doing…  I don't know ANY info-marketer who doesn't truly love what they do… the money is great, and the hours are super flexible.

For example, I not only get to help a ton of people, but I have no set schedule and can work where and when I want.

AND… my entire info-business takes about 2-4 hours a day, and I work on it about 4 days a week, with the exception of a month or two a year where I'll put in some long hours like when getting ready for a launch or something… and then there's about 3 months out of the year I take completely off with the exception of answering about 30 minutes of coaching emails every few days.

And what's really cool is that … the entire business can be run from a lap top and a cell phone.

Info-marketing is BY FAR the coolest gig in the world, and a great way to either make millions OR just make a few extra thousand a month doing a few hours of work here and there on top of your training business … I have lots' of friends who also kill it with their own fitness and nutrition ebooks, videos and courses… and not one of em' would trade it for anything in the world.

( In fact if you're interested in making extra money every month working about an hour a day on top of your training business… then check out Craig Ballantynes Online Second Paycheck System for fitness trainers interested in passive income… it's not gonna show you how to get rich, but it WILL show you how to add an additional income for working VERY few hours.)

So that's pretty much I how I make money… and how do I spend my time?

Well, I usually spend a few hours a day doing one or more of the following…

  • Blogging
  • Creating Content
  • Writing Copy
  • Scripting Sales Videos
  • Working on Lead Gen Funnels
  • Improving Sales Systems
  • Creating and Nurturing Win/Win Relationships
  • Big Picture Strategy Stuff
  • Occasionally Inspecting Delegated Work
  • Learning ( Studying Info-Products)

Luckily, I love doing most of that stuff, and it's the true 5% of the most important things that need to be done in my businesses for it to be the kind of businesses I want em' to be…  FREEDOM businesses

Besides doin' all that stuff I'm usually either hanging out with my wife and little girls, lifting weights, reading, riding my harley, going to church, hanging out with friends, watching movies, etc.

For me, money and business is all about freedom, I could care less about power and flash – and I want NOTHING to do with bling… I do it all for the freedom.

If I can help people, do what I love and at the same time have the money to work where and when I want, live where I want, spend the majority of my time doing what I want and not have to worry about money…. if I can see my kids grow up without spending the day at some job I hate… then I'm on the right path.

I have nothing against long hard hours at some job that's just a job, and have put in many long hard myself and still do from time to time, AND I think long hard work is a highly commendable way to make a living…

It's just not my way…

One thing I'd like to mention before ending this post, is that none of this would be possible without the incredible team of people I work with. I have systems and procedures in place, but having the right people to implement them makes all the difference in the world.

Hope you enjoyed this post… I'd love to hear your comments below…

And here's that link again to Craigs system for fitness trainers who want to create passive income.

Click here to check out the Online Second Paycheck System





Facebook comments:

Comments on How I Make Money Leave a Comment

February 1, 2010

Great Post Chris . has opened my eyes to possibilites of generating other incomes . Thank you

John Cusick @ 3:16 am #

Your right about the movies . I am still on business number one should I focus fully on this before moving on to trying generate the second ones.

John

Donna Susor @ 3:27 am #

That is what life should be about. More time and freedom. I enjoy working for myself. I don't know what I would do if I had to work all day for somebody else. Thanks for all of your information. I appreciate the time that you spend giving us awesome information. Keep up the great work!

Doug Seamans @ 3:36 am #

More motivation from Chris, thanks man!

Yeah, check the time…up early to train a Boot Camp…the best one in Charlotte, NC! Hopefully I'll be able to hire some people to do this for me so I don't have to get up at 5am anymore.

Thanks again Chris!

Doug Seamans
PRIDE Conditioning
http://www.prideconditioning.com

Scott Williams @ 4:09 am #

Wow, awesome congrats on the next kid on the way mate that is so cool.

My 2nd is only about 12 weeks away now, can't wait. I am reading this in Australia right in the midst of my Daddy Day Care day with Maddy and I love every minute I have with her. Like you mate I am creating a business that takes care of itself and I now take Mon & Fri off to spend with the family.

Admitedly, I do still work a few long days a week, but I love it and I know that I am building more freedom to spend more time with my family.

Give Sarah a kiss and say congrats for me mate. So happy for you guys. Make sure to give the other girls a kiss to so they don't feel left out.

Rock on..

Scotty

Carlos Klein @ 4:31 am #

Hey Chris, great post!
I'm a personal trainer in Brazil, and have reached the point where I cant take any more One on One clients, Im interested in going to groups, but have no idea how to even start it. Your post has given me some thoughts.
If you have any other considerations, id love to hear!

Joyce @ 4:49 am #

it's great to get a clear glimpse into your business model. I am just starting to get there. I hired my first employee a few weeks ago, and man what an awesome thing that was! A question for you Chris…do you make your trainers Independent Contractors or are they employees? I can't figure out what the best way to go is.

Darin Steen @ 5:54 am #

Hey chris. Thanks so much for the example and inspiratuon. U have truly been a blessing to many including me. After being a full time truck driver for 18 years I needed a lot of help. I quit that dead end ob and started my own training bus 8 years ago. I hit a brick wall 4 years ago as I tapped out training clients 12 hours a day. Then I met u @ a stompernet convention and started following your advice. Can I say 2 things for all the trainers out there that are struggling. GROUP TRAINING and AUTO DEBIT. And Iwill throw in a.third. MARKET ANNIHALATOR. Thanks for changing and saving my life chris. And my wife and 2 daughters thank u too! Peace!

Dustin Maher @ 6:32 am #

Chris,

Awesome post! It has been great to see how you have developed your businesses throughout the past couple years. I have always looked up to you (barely though since I am 6'5), and been impressed with what you have been able to do.

I enjoy our chats that we have together and the interviews! Can't wait to see where our businesses will be in a couple years.

Dustin

Dan Go @ 6:45 am #

Loved this post chris. I'm in business for one reason and one reason only….FREEDOM. Following your steps one at a time has definitely helped me get more of that.

Robert King @ 9:39 am #

Chris

You and guys like Bedros, Craig, Steve are fantastic. I wish I had come across you guys a few years ago! You have taken my business (and me) to a different level.

I don't feel i am "working" now as much as "Creating" & "Giving".

Thank you for everything and looking forward to Vegas!

Rob
http://www.RobKingFitness.com

Michael Duivis @ 11:09 am #

Chris, you have an awesome lifestyle – this blog keeps kicking out great content everyday. Congratulations on your 3rd child!

caleb @ 12:02 pm #

straight forward and honest, chris. i love it.

Matt Sutton @ 1:56 pm #

Great content as usual, very motivating. Thank you Chris!

Hey Chris! Thanks for laying it all out there! It's awesome how open and honest you are. Congrats on the 3rd baby on the way! Good stuff!

JJ Robertson @ 2:58 pm #

It's hard to imagine… CHRIS MCCOMBS is my Role Model! Ha.. just like the movie Role Models!

Just signed up on for the Delegation Toolbox and it is exactly what I need right now…

Thanks Chris!!

JJ Robertson

February 2, 2010

Sarah McCombs @ 1:05 am #

@Joyce This is Chris' wife Sarah- We have the trainers as Independent Contractors- they have their own clients as well as ours- win/win

Now that the cats out of the bag I wanna publicly congratulate you and Sarah on the third baby!

And, if it's a boy, name him Bedros – heck if it's a girls, still name her Bedros :)

B

Seriously good post Chris and I can relate to pretty much everything you mentioned, even the brush with the law! :)

I have a few websites too which were my first real attempts with SEO (one of them a domainname.wordpress.com) site which I had managed to get ranked very highly in local and organic searches and was getting more calls than I could handle. The Google (a slap maybe?) changed the way the listings were being handled and the calls have dropped big time.

Somewhere in between all this I had the idea for my new website/service which is essentially what you setup, ie. getting lots of clients coming in via websites, etc. and then getting other trainers to train them and split the profits. It's a no-brainer really. So at the moment its really what I am spending time on, the site it getting plenty of hits but not getting the results I want.

Am very thankful to have (re)found your website as I came across it some time ago and didn't take much notice. Must be the right time now though, and probably also to do with just getting over myself and realising I don't know everything and can learn from others like yourself, Bedros, etc.

Love your work mate!

Regards, Clayton
Adelaide Personal Trainers

Chris,
You are a blessing my friend… thank you for your generosity. I just love all the great info you put out on your site.

Congratulations on your upcoming baby!

patrick

lee @ 10:55 am #

So whats the secret Chris to having constant traffic and effectively closing all the leads. Is it you build and optimise our websites and what about a great closing procedure.

Whats the deal amigo? show me those links!!!

keep up the great work…and good luck ;)

lee @ 11:01 am #

one more thing!!! to everyone!

I am leaving my country and relocating. I have 6 clients which I will leave behind.

Shall I hand them to another personal trainer for 50%, request the client pays me and I pay the new trainer??? Do you think the client will be pissed with this…asking why am I paying YOU?? not the new trainer??

What would you guys do?? BIG thanks in Advance….

Chris McCombs @ 12:21 pm #

Hey thanks for all the good words everyone

Lee, as for the six clients, I'd just give them to another trainer, I wouldn't try to make any money if it's only six people and you're moving out of country

And this explains a lot of the internet stuff http://www.kickbacklife.com/2010/01/20/fitness-leads-on-autopilot/

February 3, 2010

lee @ 12:47 am #

Thanks Chris, I'll check out the link.

Dave P @ 6:15 am #

FREEEEDOMMMMM …. YEAAAHHHH!!! – you know … like Rage Against the Machine would sing …

Good stuff Chris

February 4, 2010

Tony M @ 2:52 pm #

Hot dog, nice post Mr. McC. Congrats on the 3rd baby.

February 8, 2010

Saman @ 4:51 pm #

Duuuuuude,

You son of a B****. Congratulations!!!!!!!

How did you get Sarah to agree to the third one. She told me she was done!!! You are a helluva closer my friend )I don't mean personal training either).

I am happy for you guys

February 11, 2010

Nic @ 3:34 pm #

Awesome post- I can sense how much you enjoy this stuff!

I'd love to hear more about your spiritual journey. Peace with you -Nic

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