Sunday, July 10, 2011

Financial Investment

10 days ago, or so, I had a momentous occasion.  For the first time ever, I was paid for teaching Zumba!  Technically, I haven't been paid yet, but I know it's coming, and how much it is, so I guess I'll count it.

This was the first time that I added a 'positive' value to my spreadsheets that thoroughly detail the total amount I've spent throughout this process.  I was asked by someone today (a gentleman!) about the process for becoming a Zumba Instructor.  (I'm sending him your way, Joy!)  The thing that I've left out of my story so far is the financial investment you have to make before you start earning any money back.

Everything costs money, and you need to be ready to front a lot of it until it starts coming the other way:
- Instructor Training (The largest and first-seen cost.)
- Monthly ZIN Membership (You should definitely do this.)
- Promotional Posters / Business Cards (You'll want something to get your name out.)
- Zumba Gear (Become the fitness instructor, don't expect words to work on their own!)
- Liability Insurance (Get it if necessary, and I had to.)
- Zumba Classes (You'll still want to keep going to Zumba classes to continue to network and learn.)
- Zumba Music (You want to personalize your music, so have a few unique songs to stand out.)
- Parking/Memberships/Bridge Tolls/ Etc. (All those little expenses that add up if you track them.)

In general, I'd say you should expect to invest about 2.5 times the price of the instructor training before you will see any money back.  Obviously, that number varies widely depending on how long you wait to start teaching, and how much you immerse yourself in gear and promotional items, but I think that is a fair number to plan for.

Money shouldn't discourage you, but you should be serious about the investment considering the economic times we're in.  Hope this helps those of you considering starting a Zumba journey of your own!!

Happy Dancing,

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