- Dec 27, 2020
If I want to be a (gymnastic) coach, which major should I go for in college/university?
In that case, some sort of business management degree is probably best.Tbh actually my goal is to have my own gym (because here in my country we do have a lot of gymnastics club/gym) but I’m so scared and worried about everything because that will be my only financial income, (I’ll graduate college as a coach) Do you recommend this idea (having your own gym/club) I mean can you talk about you Experience in having a club?
Yes I got your point , btw you let me reconsider everything (deeply) I was planning to check the universities and colleges today but thanks god I’ve seen your message before checking them ...you saved my life, thank youIn that case, some sort of business management degree is probably best.
However, a few things to keep in mind:
1) If you own a gym, you likely will spend a LOT more time on management and ownership than you will on actually coaching. Think long and hard about whether this is what you want.
2) You are not going to turn a profit your first year. Or your second. Or your third. So you need to either have a LOOOOT of money saved up before you start, or you need to scrounge up enough to buy an already-successful gym. In other words, the only way to make a lot of money is to already have a lot of money before you start.
3) It's anybody's guess what the gymnastics industry will look like in the post-covid and post-usag-being-a-disaster world. Maybe the industry will bounce back. Maybe it won't.
In other words, aiming for gym ownership is a gamble.
Whether you want a career in gym ownership or in coaching, have a backup plan. Sorry if this sounds cynical and pessimistic, but I don't want you to get into something that's just going to burn you out and drain your bank account. My cynicism comes from 25 years in the gymnastics world. Unless you can afford for the whole thing to crash and burn, I don't think it's an advisable endeavor.
tl;dr: the best advice I can give you is to reconsider. Should you ignore that first piece of advice, I wish you the best of luck.
That’s so tiring, but I guess it’s worth it . In my opinion gymnastics/coaching is such an amazing thing to have as a business, the most important thing is because you can consider your gym/members at the gym as you second family like you always have fun coaching them.To further on what Geoffrey Taucer said on hours spent coaching versus hours spent on admin. As a gym owner I spend 26 hours per week coaching and 45 hours per week running the business.
So 71 hours a week working on a good week. Unless we have competitions on Sunday, in those weeks it is more.
I earn good money but there are other (less time consuming ways) of doing that.
I’m a gymnast now so does this count that I have enough skills?I coached and managed gyms for many years before I owned a gym. Many skills to learn first.
Also there is quite an initial financial outlay. Whether you are going to buy an existing gym or purchase equipment and start from scratch you need money to start. It’s very unusual to have the means to set up a gym straight up. You will need a source of good income to get you there.
Most businesses take a period of around 5 years of operation before they start to draw a profit, so you either need a lot of savings, a supportive partner or another job to tide you over while your gym is building.
If you have the skills it can become very financially rewarding down the track. My gym built quickly and earned good money very quickly but that was after years and years of developing my coaching and management skills in other environments.
If you love it, it is a magical career, but it takes a lot of time and there are personal sacrifices. I had to make the choice not to have any children of my own.