How a Massage Therapist Can Make a Million in 5 years

Have you ever wondered how you can make a million dollars in 5 years as a massage therapist? It is possible. You need to have a plan and simply duplicate the strategy of other successful massage therapists who have already achieved it. I will now describe some easy to follow guidelines for the same

What should be your first step?

Join a massage school and get professionally qualified. Being a professional, registered massage therapist can help you grow your business.

What's the normal income potential?

The average massage therapist in a massage threpay job usually works 5 hours a day, 6 days a week, and usually charges $65 per hour. Considering holidays, missed appointments and no-shows, it works to around 48 weeks a year. That makes a registered massage therapist's gross income about $70 K per year. Its a good income for the service you provide.

How you can be a registered massage therapist

Some helpful information to a would-be massage therapist

• Take several massages yourself from the expert to see what technique best suits you.
  
• Understand the physical, mental and social aspects of the profession so that you are fully prepared for your chosen profession.
  
• Job-shadow another successful massage therapist you trust and respect. This is an excellent way to see first hand if massage therapy is really suitable for you.
  
• Interview several massage therapists to understand the profession in detail. Ask them common but intelligent questions to see if there are any discrepancies or concerns.
  
• Research the different types of massage and the schools that offer them.
  
• Consider the type of massage you want to study, whether it is relaxation, Swedish massage, sports massage, deep tissue massage or a combination. This is important; because in the end you must feel comfortable with the technique you have chosen to study.
  

How to start your business

• You need to decide whether you will work for someone or start up your own business.
  
• In case you start your own massage parlor, you need to have funds to meet the initial investment and regular expense. You need to select location, type of practice and recruit experienced people with specialization in different massage therapy techniques.
  
• Do some homework and market research on the locality where you want to open your massage parlor. Every state, city, province, town and country will have different fee schedules and some may even have massage therapy fee regulations.

Simple Income-Expense statement from a start up massage parlor in Texas for your reference

This is a simple income expense statement for a start up massage parlor with a decent office space of 12000 sq ft. The office requires quality massage tools and equipment like massage table, massager chair and sauna. This parlor has two hired masseurs. One of them is a specialist in Thai massage. The owner has 7 well known massage therapists on contract from her locality.

Expenses

Staffing expenses will be US$ 15000 considering the salaries of the CEO, massage therapists, accountants, contract cleaners and front desk people.

Operating expense will be US$ 5000 considering office rental, telephone, utilities and advertisement.

Revenue

Income is US$ 260000 from 2 hired massage therapists who work 6 hours/day and 5 days a week.

Income is US$ 110000 as commission from 7 experienced massage therapists on contract.

From a single massage parlor you have a total profit of US$130000 . You just need simple math to know how many parlors you need to reach 1 Million.

Where is the big money?

Try to create a brand of your own. Deliver something unique to your customer. Try to do same thing differently. Be customer-centric and make it your unique selling point. The customer always pays for value and comfort. You can duplicate the success of one massage parlor and create multiple massage parlors. Along with massage therapy, you can start other therapies like physical therapy, water therapy, mobility therapy, gym therapy etc in all your parlors.
You can tie up with local doctors and hospitals which guarantee you regular patients and increase your brand value. You can also open a spa. You can also open a massage training institute. Considering the rapid growth of popularity of alternate therapy, it might be a good idea to open school of massage where student will enroll to become a registered massage therapist. This is the brief business strategy for a massage therapist to earn a million dollars. As you can see, it is not very difficult.

To learn the benefit of massage tool in massage follow the link: Sports Massage