A New Frontier In Fitness Entrepreneurship is on the rise with at least 29% of Fit Pros want to be their own boss.  There are around 88% of fitness coaches and trainers who still are employees but more groups are making it possible to break out on their own.  

DID YOU KNOW 
◾ There are 31M entreprenuers in the U.S. 
◾ 16% of the Adult workforce are self-employed 
◾ This year 5.1 million new companies will be started 
◾ 55% of adults have started their own business

People want to be their own boss... the same holds true for Fit Pros... But according to  Steve Pirt of Flexworks around 88% of fitness coaches and trainers are employees still. 

📈 The interesting part is the "Health Beauty and Fitness" industry is the #4 industry to see new small business at 9% of companies! Which indicates we could see 459,000 new beauty/fitness companies this year 😲 

THE OPPORTUNITY 
📅 Pre-pandemic we heard noise about the Fitness Hall model which seemed closer to the "hair stylist chair rental" model as it had no services 

➡Now, places like Flexwork are providing a "shared resource" model WITH SERVICE for Fit Pros to start their own companies at their facility, giving them their own private space, access to tools, people & much more...

📌As a former Fit Pro I understand how trainers and coaches hit ceilings and this is a natural progression. I also got to first hand work with hundreds of fitness professionals when I built up a fitness creator agency and media co. What I found was training them to perform on camera and helping them just a little gave them tons of confidence and that little boost to create a mindset of "wanting to be their own boss". 
 
🔎💥TREND INSIGHT 
As I follow Trends and try to provide New Insights! This is another one that I've been involved in and continue to follow as it has some upside 📈 

According to the IBIS World there are 831,531 Personal Trainers in the U.S. (might be high vs other data). But if my math is right, 17% of the PT market is unmet = 141,360 Fit Pros wanting to be their own boss and at an avg wage this is a $6.17 BILLION Market Op, not including 2nd mkts. 💵 💵