Thursday, July 16, 2015

How Bodybuilders Make Money

Artwork of bodybuilder holding a dumbbell
How bodybuilders earn an income


Bodybuilding is expensive

Bodybuilding is one of the most expensive sports out there. The cost of supplements, nutrition and food needed to grow your body is no joke. 

Once you get serious, you can't simply go to the gym and eating whatever you want, whenever you want. A proper diet that ensures the best muscle growth is costly. 

Unfortunately we live in a world where the healthiest and most nutritious food is also the most expensive food. People in this sport can generally expect to spend up to a third of their salary on gym memberships, supplements and food.

You won't get far without sacrifice.
It costs money to get ahead.

Will most people make enough money from bodybuilding?

Even while paying the high price for your passion, can you make enough money through bodybuilding to support your aspirations and make a living out of it?  

Short answer: No. 

You need to get a job to support your dreams. You need some sort of income to buy the supplements and food that you need to achieve your desired physique.

Long answer: Yes. 

There are many bodybuilders who make enough to live off the sport. Some even make a lot of money from it as well. Working in the industry as a full-time career option is rare and highly coveted - yet definitely possible. 

How bodybuilders make money

You need to do a combination of things to earn a proper salary as a bodybuilder.

1. Win cash prizes at bodybuilding competitions
2. Get sponsored by companies
3. Model
4. Personal training
5. Be a contest coach
6. Monetize and expand on your personal brand
7. Entrepreneurship

List of ways to earn money as a bodybuilder
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1. Win cash prizes at bodybuilding competitions

This is not how bodybuilders make a living, but his is the first thing that comes to mind when people consider the income of body builders.

This is like an occasional bonus for the best of the best in the industry. The competitors at the top of their category do not count on getting this money - and you can't either.

A plan to live off prize money exclusively is going to get you in a financial mess - and a whole lot of disappointment. Congratulations to those who win money at shows, but don't count on it.

Even the top guys don't live off prize money. They still have to do the following things to stay in the industry full time. Check out these tips to win more bodybuilding shows.

Winning is nice, but it doesn't pay the bills. Hard work does.
Work for your salary.

2. Get sponsored by companies

If you perform well enough at bodybuilding shows, there will be companies who might be interested in sponsoring you. These companies are almost always supplement companies who want to use your image to sell their products to their target market.

Their market would be the people who want to look like you and be like you. These companies are not limited to supplement companies only. They can be energy drink, gym, clothing or other corporate companies. 

As stated in our 'make a career as a bodybuilder' article, getting a sponsorship is not as easy as stepping on stage and hoping that companies are going to chase you down with cash in their hands.

Most of the time, you are going to have to work for it. The competition for sponsorships is super tight. Therefore, it is essential to build strong relationships with prospective sponsors (learn how to forge relationships with the right people in the link above).

Some bodybuilders make a living with this kind of money. However, the numbers of bodybuilders who can live off their sponsorships are below 10% among the pros.

A sponsorship could be as small as a year's supply of their brand of supplements. They usually aren't enough to cover your nutrition costs, never mind everything else that comes with staying alive.

If you're waiting for somebody to come and save you, you will be waiting for a long time. Get up and find them.
A sponsorship are rare and doesn't as pay as well as you'd think.

3. Modelling

Modelling and guest posing gigs can provide for good additional income.

This is also usually not a lot of money until you become well known and have established a strong brand that people recognize and want to pay for.

This is also very competitive, so it will be hard work for you to differentiate yourself from the crowd and get noticed by those who pay for models.

The amount of bodybuilders who make a living from modelling is quite low, but higher than the amount who live off sponsorships. 

Almost all bodybuilders combine a variety of these income streams to make a decent living.

Successful athletes align themselves with brands that they believe in.
Align yourself with the right people.

4. Personal training

Many bodybuilders become personal trainers as a way of doing what they love and working in the same industry to pay the bills.

The bodybuilding sport and this career choice often complement each other. The better people perform in bodybuilding competitions, the more clients with the same goals will want to be trained by them and therefore the more they can make from training others by charging more per session.

You can leverage your performance at shows to eventually train celebrate or A-list clients.

Working at a gym always has great benefits for a bodybuilder. The bodybuilder gets to network and has a bigger chance of meeting someone who could help him get further in his career. A friend of mine got a large contract from somebody that he met at his gym.

Although you need to get qualified first, it is easy to make a living from personal training. It is most likely not going to make you rich, but staying within the industry can bring in more opportunities.

A large amount of people who regularly compete in bodybuilding shows are personal trainers. If you want to be a personal trainer but are put off by the amount of other people going after the same job, specialize. Focus on training children and teens, pregnant woman or people who are recovering from injury.

You add value in your career when you bring other people with you to the top.
Help others to help yourself.

5. Be a contest coach

Being a contest coach, just like personal training, can provide a steady stream of income that you can depend on - but won't make you rich. 

In order to become a contest coach, you need to know how the contests work. You need to have the skills to transform a newbie into the best performer that he or she can be onstage. 

You need a reason for people to believe that you can really help them to do the best they can at these shows. The better you do at your own shows, the more sought after you will be to others who want to be as successful as you.

6. Monetize and expand on your personal brand

If you want to make money out of bodybuilding, you need to develop your personal brand. You should become a well-known brand that people admire. 

How to grow your brand as a bodybuilder

1. Place well in bodybuilding competitions.
2. Build a big following on social media.
3. Get as much publicity from the media as possible.
4. Offer to write guest posts for websites and blogs that the industry pays attention to.

You should aim to reach as many people as possible. They should see your name repeatedly and start respecting your authority in the sport.

Once you have developed a brand within the industry, you can start capitalizing on it by selling you own merchandise, partnering with another company to use your brand to reach their target market, or becoming a product ambassador for larger companies.

The bigger your personal brand gets, the more opportunities will make themselves available to you.

Once you are well known, magazines and other media might offer you good cash for interviews, appearances, etc.

Learn how to grow your personal brand.
Build your brand.

7. Entrepreneurship

Entrepreneurship is an often over looked, and possibly lucrative, way to make money out of bodybuilding.

If there is a product or service that you can provide that people are willing to pay for within the industry, you have a great business opportunity.

Starting a business in bodybuilding has many possibilities. There are many ways of going about it. Although you can make endless amounts of money this way, it will require sharp business skills.

The chances are also very high that you will make nothing (or even lose money) when you try to start a business.

50% of success is choosing the right opportunity.
Look for business opportunities.

Extra tips and advice to earn money from bodybuilding


Decide: Are you in this for the cash or just for fun?

Unfortunately, bodybuilding is not like other sports because you can't try to qualify for a team and then get a salary depending on the club you belong to. 

If you want to make a living from it, you need to be clever about it. If you want to take up bodybuilding seriously, you need to decide whether you are going to do it for the sport of it or if you are going to need to make an income from it as well.

If you don't need an income from it and have another way of making a living for yourself and can afford the expenses like nutrition; then feel free to pursue it the best way that you choose.

Many of the greats have other forms of income and do bodybuilding professionally, even though they don't earn enough via the sport alone.

On the other hand, if you want to make your earnings from bodybuilding alone, you will need to be smart about it and plan well. You cannot rely on cash prizes from contests, so you will need to decide what other areas (listed above) you are going to pursue to make a steady income.

You don't have to turn every passion into a career.
Some things shouldn't be monetized.

Think long term

If you are planning to live off bodybuilding, you will need to make a short-term, mid-term and long-term plan regarding your finances.

Perhaps you should get a normal job while you study to become a personal trainer, and once you are a personal trainer, work on starting a business that works well with your passion for bodybuilding.

If you don't plan right, ending your next muscle plateau is going to be the least of your worries.

Multiple revenue streams

The key to making a lot of money is through multiple revenue streams. Don't rely on only one way of making money.

Your first goal should be to establish a steady form of income. Your second goal should be to somehow get a secondary income. With the extra money from the secondary income, you can figure out the best way to turn the additional income into more money.

Do as much as you can until you win.
Don't stop until you're satisfied.


Think different from everybody else

As with any industry, the better you can differentiate yourself from the rest of the crowd, the more successful you will be.

If you stand ahead of the rest on stage as a personal trainer or business, you can make a lot of good money. Originality wins.

Be money smart

Save and use your money wisely. Make sure that you always have enough for 'rainy days' and keep your expenses as low as possible.

The worst thing you want is to cut supplements in the middle of the month because you thought you would get more money but didn't.

Don't let your bulking diet drill your wallet into the ground and halt your progress.

We hope this info was useful. Please let us know if it was in the comments below. STAY STRONG!

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