Up until 2012 I was primarily a freelance coach for endurance athletes (triathletes, cyclists, mountain bikers, runners), but I also wrote books (working on #14 now), consulted with the sporting goods industry, spoke at seminars, and provided camps for athletes primarily in Europe. Last year I retired from coaching after 32 years.
How would you describe what you do?
Now I do only the other things listed above. I also am a co-founder and part owner of two businesses – TrainingPeaks.com and TrainingBible Coaching. Both of these provide services to the endurance athlete market. My role in each of these is rather minor now. My partners run the businesses. I am just an ornament in them these days.
What does your work entail?
Right now it involves working only when I want to. I do 2 seminars monthly in the winter months, put on 1 or 2 European camps annually, consult on topics I’m interested in, and write books when motivated to learn more (which is nearly all the time).
What’s a typical work week like?
There is no typical work week. Other than training every morning (I still race) and golf every afternoon. When I was in the early stages of my coaching career I would start working at 6am and stop at 9pm with breaks for training.
How did you get started?
I owned a running store in 1980 which became the first triathlon store in the world (I suspect) in 1984 after I bought the bike store next door and took down the wall between them. Customers would come to the store make a purchase and also find out how to train for a race (they knew I had a masters degree in exercise science and raced). I soon discovered that I enjoyed coaching them more than retail. So in 1987 I sold the stores (I now also had a second) and starting coaching. But I had to find a day job until the coaching could pay the bills. That took 5 years. Then I was doing it full time.
What do you like about what you do?
Spending time with athletes of all abilities. They are some of the nicest people on the planet – healthy, goal-oriented, happy, and motivated.
What do you dislike?
The only downside of when I was coaching was that there was never a vacation from it. The client needs support every day, 24/7/365.
How do you make money/or how are you compensated?
For coaching I was paid a monthly fee of $1500 per client.
How much do you make?
This is for all income streams listed above.
How much money did/do you make starting out?
When I first started coaching it was $10/week. It then went to $79/month in the late ’80s. My fee continued to rise steadily after that..
What education, schooling, or skills are needed to do this?
I have a masters in exercise science, but I’ve learned more (99.9%) of what I know and apply since I graduated. I have been reading research studies daily since the late ’80s. Never let school get in the way of your education.
What is most challenging about what you do?
It the early years it was marketing my services. Freelance coaching was unheard of then. That remained the biggest challenge until the late ’90s. Then it became maintaining contact with my clients. That’s how TrainingPeaks.com came to be.
What is most rewarding?
The success of my clients, especially those who are new to the sport and accomplishing things they at one time thought were impossible for them..
What advice would you offer someone considering this career?
Get a coaching license from your sport’s federation and then continue to grow as a coach. Keep your eyes and ears open to what other coaches and athletes are doing that’s successful.
How much time off do you get/take?
Back when I was coaching full time there was never a day off.
What is a common misconception people have about what you do?
That all coaches work for schools and that if you don’t then you aren’t successful and not making any money.
What are your goals/dreams for the future?
I intend to continue growing my companies. TrainingPeaks.com now has about 50 full-time employees and TTrainingBible Coaching has about 30 U.S. coaches and another office in the U.K. with 5 coaches. I have also started a third business recently which I am exited about even though it is in the very stages. It has great potential. I am also working on my 14th book. This will take me a year or so to finish. I have several others in the back of my mind as well. So little time, so much fun.
What else would you like people to know about your job/career?
Starting is hard work, but if you do a good job it can pay off with the rewards of money and freedom later in life.