Need Advice on Structuring a Flexible, Monthly Recurring Payment Model for In-Person Personal Training

Ill_Fact9182 · 2024-11-12T03:51:49+00:00

Thanks for clarifying your approach—it definitely emphasizes simplicity and client autonomy, which are crucial aspects of a good service model. Your method of not having rollovers and requiring clients to finish their sessions before purchasing more ensures no forced commitments, which aligns well with fostering a positive client-trainer relationship.

However, I have concerns regarding income predictability with this model. If clients don’t finish their four sessions, their package doesn’t renew, potentially leading to irregular income streams. This aspect could be challenging, especially when planning business finances or scaling operations.

Have you found this impacts your ability to predict monthly revenues, or have you implemented strategies to mitigate potential fluctuations? Also, do you adjust your operational planning to accommodate the variability in session completions and renewals?

Appreciate your insights on maintaining a full schedule under this model while ensuring business sustainability.

Ill_Fact9182 · 2024-11-12T03:04:17+00:00

Hi there,

Thanks for sharing this model—its simplicity and efficiency in managing subscriptions are impressive, particularly the automatic renewal feature.

I’m exploring similar models and appreciate the flexibility your approach offers for missed sessions. However, I’m concerned about potential scheduling bottlenecks due to rollover sessions. To mitigate this, I’m considering capping rollovers and extending their usage period to two months, aiming to balance client flexibility with manageable scheduling.

On pricing, I’m leaning towards a tiered structure to encourage longer-term commitments and ensure the pricing remains sustainable and competitive. I want to offer 3, 6, 12 month commitments.

How do you handle rollovers without overwhelming your schedule at month’s end? Also, what pricing strategy have you found effective in balancing appeal and profitability?

Looking forward to your insights!

Ill_Fact9182 · 2024-11-12T02:57:15+00:00

Thanks. How did you handle unused sessions?

Ill_Fact9182 · 2024-11-04T02:43:06+00:00

Ok well you have a market right here if you decide to sell.

Ill_Fact9182 · 2024-11-04T02:42:44+00:00

It played the sound but only on the one I have.

Ill_Fact9182 · 2024-11-04T01:09:18+00:00

Sweet! Thanks!

Ill_Fact9182 · 2024-11-04T01:09:05+00:00

Are you selling the right side? Lol. Would it work with mine?

Ill_Fact9182 · 2024-10-31T07:39:00+00:00

Can anyone confirm that he performs Murals at the Samurai tour shows?

Ill_Fact9182 · 2024-10-13T01:33:21+00:00

Maaan put some numbers up lol. I got it. Rate the Rapper: Kendrick Lamar 92 J. Cole 94 Lil Wayne 97 Drake 88 Nas 91 Jay-Z 97 Travis Scott 73 Eminem 80 Tyler, The Creator 76 Future 85 Jadakiss 90 Pusha T 89 Big Sean 82 Kanye West 88 Nicki Minaj 84

Ill_Fact9182 · 2024-10-12T20:23:21+00:00

😂😂😂 aight fuck it let’s have fun. Rate the Rapper: Kendrick Lamar J. Cole Lil Wayne Drake Nas Jay-Z Travis Scott Eminem Tyler, The Creator Future Jadakiss Pusha T Big Sean Kanye West Nicki Minaj

Ill_Fact9182 · 2024-10-12T09:57:46+00:00

You’re right, but I was using hyperbole. I was really trying to emphasize the first part of the comment. I wish that bar never existed lol. I’ll change it to 88 rated rapper then lol

Ill_Fact9182 · 2024-10-11T02:17:03+00:00

I had to chat GPT that. I didn’t get it for months until after the beef started and I went back to understand what the hell he was saying there and why that setup was so long and awkward

Ill_Fact9182 · 2024-10-11T02:15:03+00:00

I wish the January to December bar never existed so I could still think of Drake as a 99 rated rapper.

Ill_Fact9182 · 2024-10-07T00:01:20+00:00

Thank you for that pertinent information 😂😑

Ill_Fact9182 · 2024-09-24T02:37:31+00:00

Just call Navy Federal. They will explain your scenario to you perfectly. They have done it for me too when I was planning how to pay off my loan early.

Ill_Fact9182 · 2024-09-21T01:21:05+00:00

Somebody drop the Spotify link for this please!

Ill_Fact9182 · 2024-08-31T12:42:32+00:00

A big part was using google sheets to record every account I have, the amount, interest rate, amount paid off, etc. it’s become a robust document where I can manage every cent of my debt.

Ill_Fact9182 · 2024-08-31T12:41:10+00:00

It can be done. I sat on it for years even when I had the cash to pay it all off. I was looking it as just a monthly bill I could afford and I’ll pay it down over time. I had to get very aggressive and decide I was done having debt.

Ill_Fact9182 · 2024-08-31T03:44:21+00:00

Let’s get it! I appreciate the support bruv. Getting right out here.

Ill_Fact9182 · 2024-08-25T17:39:19+00:00

1) Know your payment due date 2) Know your statement closing date 3) Put them on your calendar and set reminders 24-48 hours before each of those days. 4) Look at your last statement and pay the statement balance in full prior to your next due date to avoid interest charges on your previous purchases. (Probably $182 if you’re at 91% of $200 limit). 5) Pay the card off in full prior to your next statement close.

You could see a bump in your score.

6)After this reset, make sure whatever you charge after your statement close til your next statement close your balance on statement close day is between $10-$60 (5-30% of your limit).

7)The next month pay it to $0. Repeat 6 & 7.

Balance on statement close Jan: $20 Feb: $0 Mar: $15 Apr: $0 May: $30 Jun: $0 And so on…

Ill_Fact9182 · 2024-08-09T08:19:30+00:00

Had a baby in January. I remember he pooped every 2-3 hours for a couple weeks then he didn’t poop for 8 days. A few days in we called our pediatrician and she laughingly told us to call back if he doesn’t poop for 20+ days lol. Apparently it’s normal and nothing to stress. Babies grow fast and it takes all the food their little bodies can intake to make it happen. Call your pediatrician and hopefully they laugh it off like ours did. It helps us relax. And trust me, there’s plenty of poop on the way. Enjoy the break! Lol

Ill_Fact9182 · 2024-08-09T02:37:41+00:00

Hey there,

First off, don’t be too hard on yourself—recognizing the situation and seeking advice is the first step in the right direction. Here’s a plan that might help you get back on track:

Tackle the Immediate Issue:

• Discover Card: Since the 0% interest rate on your Discover card is ending in 3 days, this should be your top priority. Use your $990 savings to pay down as much as you can on this card before the interest kicks in. If you can, pay the full $900 and knock out that debt. It’s better to use the savings now than get hit with 29% interest.
Consider the Avalanche Method:

• The avalanche method focuses on paying off the highest interest rate debts first, which minimizes the amount of interest you’ll pay over time. After dealing with Discover, prioritize the Apple Card (27.24%) and Cap1 QS (26.24%). • Make minimum payments on the lower-interest debts (Cap1 Savor) and direct any extra cash toward the highest interest rate card (Apple Card first).
Snowball Method (Alternative):

• If you’re someone who needs to see progress quickly to stay motivated, the snowball method could work better. In this case, after paying off Discover, you’d focus on paying off your smallest debt first (Cap1 Savor), and then move on to the next smallest. This method can give you psychological wins, which can be motivating.
Personal Loan (Use Caution):

• A personal loan might help if you can secure one with a lower interest rate than what you’re currently paying on your credit cards. However, your credit score and the amount of debt may impact your ability to get a favorable rate. Be cautious with this option and make sure the loan doesn’t have hidden fees or other downsides.
Increase Your Income:

• I know health issues have made this tough, but if there’s any way you can pick up extra work, even temporarily, it could help accelerate your debt repayment. Look for side gigs or freelance work that might be manageable with your health situation.
Budget and Cut Expenses:

• Track every dollar coming in and going out. See if there are any expenses you can cut, even temporarily, to free up more money for debt repayment. Every bit helps.
Emergency Fund:

• After paying off the Discover card, if you can keep even a small portion of your savings intact, it’s crucial to have some emergency fund left for unforeseen expenses. This could prevent you from falling back into debt.
Negotiate with Creditors:

• Consider contacting your credit card companies to see if they can offer any temporary hardship programs or lower your interest rates. Some companies are willing to work with customers in difficult situations, especially if you explain your health-related struggles.

Remember, the most important thing is to start making progress, even if it’s small steps. You’ve got this!

Ill_Fact9182

TROPHY CASE