This article looks at if and how a massage therapist can really make six figures in their massage therapy business.
In fact, the median income for massage therapists is under $50,000 a year. Many earn much less than this. This is because many choose to work part time. But what about the entrepreneur who wants a full time massage therapy business and wants to earn a 6 figure income?
How To Make Six Figures From Your Massage Therapist Business
Well, most massage therapists have a base fee that works out to about a dollar a minute, so an hour massage would cost about $60. Mind you, I’ve seen much higher, in 2002 I stayed at a luxury resort in Fiji that charged $250 USD per hour for a massage. But let’s use $60 per hour for this example.
6 x 1 hour massage per day, 6 days a week, 48 weeks a year. This is certainly ‘doable’. 2 treatments in the morning, 4 in the afternoon/evening, 6 days a week with 1 month off a year for vacation, and you’ll earn a 6 figure income. $103,680 to be exact.
While a business like this would certainly take time to set up, it is absolutely doable. This leads us to 2 other questions:
1. How do you make six figures in your massage therapy business working less than this?
2. For the very ambitious: how do you do even MORE than this in your massage business?
1 – How to work less and STILL make six figures in your massage therapy business?
While this workload would not be a problem for some, for others the idea of an average of 6 1-hour massages a day, 6 days a week is too much for their liking. So, to earn the same amount while working less, it’s simple, replace part of your massage income with a different type of income that you can still earn in your massage business.
For example, let’s say you want to do 6 fewer massages per week. Instead of 6 per day, you want to average 5 per day. Or maybe you want to work 5 days a week instead of 6. You need to find a substitute source of income to make $360 a week.
The easiest way to sell products, here are some ideas:
massage oil
massage books
massage videos
massage pillows and rollers
yoga and pilates products
Novelty massage products such as mugs and t-shirts
You can also take a course once a month teaching massage for home use. You can specialize in a particular massage niche such as:
Facial and scalp massage
Back, neck and shoulder massage
couples massage
· Child massage
If you have just 10 people paying $200 for a one day or weekend course, that’s $2000.
2 – How to earn even MORE than 100,000 per year with your massage business?
When you hit a six-figure income level, you may be so excited about your business that you just don’t want to stop, your entrepreneurial genes kick in, and you want to grow your income even more.
Of course, you can add all the things I mentioned above, selling products, taking courses, but there is also another important strategy… leverage.
Leverage Your Massage Therapy Business
This means taking advantage of your time. If you’re doing 6 massages a day, all you need to do to triple your income is do 18 massages a day, except of course you couldn’t physically do it!
But if you have this level of business experience, you could certainly expand your marketing to increase your clientele and hire other massage therapists. Imagine having 1, 2 or 3 massage therapists working for you and you keep 50% of what they earn. That is the power of leverage.
This may seem like a daunting strategy, but when you have established a successful massage therapy business and have grown some business skills and entrepreneurial flair, leveraging your business in this way can take your income to a whole new level that you once thought was impossible. . you.
I hope these ideas on how to make six figures with your own massage therapist business have given you food for thought and inspired you to set higher goals for where you want to take your business. Other successful massage therapy businesses are doing it and reaping the benefits, so why not you?