What: Venture-funded startup company that connects athletes with private coaches
Expected pay: $15 – $75/hour
Commissions & Fees: Graduated, from 6%-43% plus an annual fee of $10
Where: Nationwide
Requirements: Be over the age of 18 and have some coaching credentials
Review:
PROS:
- Advertise coaching services on a forum
- The site covers coaches and kids booking through them with a $1 million liability insurance policy
- Paid by direct deposit within a week following a coaching session
- Coaches set their own rates – the average coach charges $45/hour
- The site helps you market your services
CONS:
- New clients (people who want coaches) to the site are charged a $20 “placement” fee
- Coaches pay $10 annually, plus commissions on each booking
- The commission schedule is graduated, those who earned the least money pay the highest commissions
- You only take home 57% of the gross income for the first session you book with any individual athlete
- Each subsequent booking with the same athlete drops the commission
- After five sessions, the site takes 6% of the booking amount
- Poor client reviews
Alternatively, coaches can place free ads on neighborhood sites, such as Craig’s List and Nextdoor
What the Coaches Say: (From Yelp)
I am a coach for Coachup in the New York New Jersey area and I must say that I am extremely pleased with the Coachup online platform. I have received over 50 new clients via Coachup over the past 3 years and they handle all promotion, payments, and background checks. I have the ability to set my own rates and accept/decline any clients requesting my services. I also look forward to seeing each client improve after each one hour training session. This is really a great service that I recommend to any private coach who enjoys 1 on 1 training or group training. I have also recommended friends to sign on as coaches so that they too can help train athletes in the NY/NJ area.
