Bet on yourself because health is wealth

Paid Workout uses motivation techniques that are scientifically proven to spur action and help users stay consistent with their workout program. Users don’t have to subscribe to any specific type of program, rather, we put them in custom “Home” groups based on their fitness and activity goals. From there, users compete within their group on a weekly basis for a chance to earn cash rewards and get paid for working out. Our app is specifically designed to be target-group focused and process-oriented for ongoing motivation. It’s one of the first fitness apps to combine short-term goals and weekly payouts. We centered our focus on building a healthy lifestyle,  that’s based on changing how our users feel and not how they look.

People lack motivation to be fit

We all know that one of the key tenets of maintaining one’s wellness is consistent physical activity. The US Department of Health and Human Services recommends 150 minutes of aerobic activity as well as strength training for all major muscle groups at least twice per week. Unfortunately , more than 75 percent of U.S. adults do not engage in the recommended amount of activity, and as many as 25 percent of Americans get no physical activity at all (Source). Stress, finances, gym anxiety, and time management are many of the contributing factors to people’s consistent lack of motivation to workout (Source).These stressors typically stem from people focusing on changing the way they look rather than focusing on how they feel.

To make matters worse, the COVID-19 pandemic led to a 32 percent decrease in physical activity for Americans (Source), and many scientists believe this reduction can have long lasting physical and emotional effects. One of the glaring problems the pandemic illuminated with modern-day fitness is that people are craving more flexible workout routines that are tailor-made for their lifestyles. It’s obvious that the same gym routines are not motivating people to become more physically active, so now more than ever, people need a new way to get motivated to work out.

An app that pays you to move 

At Paid Workout, our goal is simple: we want to encourage people to maintain a healthy lifestyle by offering incentives to work out. People often begin their fitness journey without understanding why it’s important to them. They set broad, long-term goals that are ultimately unrealistic and when they don’t see results fast, they lose motivation over time. However, when a tangible motivator like money is introduced, studies have shown that adults can increase their average step count and fitness output by as much as 108% (Source). This is what we’re focused on at Paid Workout: motivating our users to get moving, not to change the way they look.

We designed  our app to be as user-friendly as possible. Just download the Paid Workout app, take a fun, quick quiz so we can recommend the perfect group for you, and start investing in yourself by joining a $2-$10 challenge! We use a freemium pricing model, so the app is free to download, but there are additional tiers, features, or incentives that users can pay for. To get the full benefit users will subscribe to pay a weekly fee (auto-renewing) to continue participating in weekly home group challenge.

We have four, fun types of challenges for our users to choose from. Home Group challenges have users compete for 7 days against people of similar skills and capabilities. Dash to Cash has users crush a short workout and win! Enterprising users can enter our High Roller challenges to win big money jackpots. Lastly, our latest challenge, Dash on Demand invites users to smash a 30 or 60 minute workout anytime within a 24 hour period to win cash! If those challenges aren’t enticing, users are invited to create their own challenge so they can move with their family and friends!

For those users who don’t know where to start on their fitness journey, we plan to launch Coach programs and classes. Our amazing cast of coaches and trainers create week long programs or single on-demand classes. Users can join a coach program for $10 and have three on-demand training sessions where the top 3 on the leaderboard win CASH. 

Our business model is simple. Users download the app, sign up creating a profile and  join challenges with pay-ins. We derive profit when pay-in fees exceed the winners’ payouts. For Example: 25 people join a $5 challenge. Challenge top-line is $125. Paid Workout pays out $75 to the winners and the net profit is $50. Typical margins are anywhere from 40% -50% depending on the challenge.

Our vision is to reach many more users, create new coach guided challenges, host live and virtual marathons and other events. Additionally, we are creating a wellness marketplace within Paid Workout to showcase a multitude of health and wellness offerings and products to a captive audience. Finally we see opportunities to partner with insurance companies, and corporations looking to improve the wellness of their employees, as well as host coach guided challenges in marathons and other events. 

We are moving the masses!

We keep our eye on the PRISE

The global app market is worth a whopping $4.4 billion ( Source). The North American share of the Fitness & Weight Loss Apps alone is worth $839 million, and we aim to make our mark in that sector. Where we really set ourselves apart from our competitors is that our app can augment virtually any fitness app due to Paid Workout’s business model of rewarding people to be active. Alone, our app is fantastic, but when used with another fitness app, it can be even better. We believe this flexibility lends itself well to collaborations and partnerships down the road. 

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Invest in us to invest in yourself

Physical activity is a pillar of wellness, which is why we created Paid Workout to inspire people of all shapes, sizes, and backgrounds to get moving. We found early success by staying true to our goal of having people investing in their wellness, and our easy-to-use app and fun, flexible workouts have proven that we have what it takes to be the best fitness platform on the market. With your investment, we will better the lives of everyday folks while disrupting a billion-dollar market and driving shareholder value. Join Paid Workout and invest in a healthier future.