The sports industry is absolutely huge the world over, and the amount of money that gets passed around is staggering.
Most people think that the only way to make money in the sports niche is to be lucky, skilled and healthy enough to make the team and build a career from it.
Most sports fans though are not usually geared for actually playing, so how then can a sports obsessed fan make money from their favorite pastime?
Here are my top seven ways to make money with sports, without ever touching a ball, or getting sweaty!
1. Start a Swimming School
Aside from the fact that people swim for sports, most people who engage in swimming do it for the fun of it. If you are a good swimmer and you know you can teach people how to swim either for sports or fun, then you should look towards starting your own swimming school. One thing about this type of business is that you can run it as a part – time business while keeping your regular 9 – 5 job especially if your weekends are free.
2. Open a Gym
Just swimming, people register in gyms to keep fit and it is common to see people who are into active sports registering in a gym close to them especially if they gym is well equipped with state of the art gym equipment. The start – up capital required to set up a standard gym might be on the high side, but the truth remains that you are sure of making your money if the gym is well located.
More than ever in the history of man, people are beginning to take their fitness status really seriously. So, in starting a gym, you have to have it well equipped with the necessary machines.
3. Start a Sports Photography Business
There are people making huge money from just covering sports events; you can become a sports photographer. It can be exciting at the same time financially rewarding. No doubt if you are a good photographer, you will make good money from selling quality pictures from the sports events you covered. Just ensure that you are well registered and licensed if not you will struggle to secure accreditations for major sports events.
One of the things that would make you stand out in this niche is for you to procure the best cameras that would help bring the best out of what you do.
4. Sports Betting Company
People all over the world are into sports betting and the industry of course is growing in leaps and bounds. Sports betting business is one sports related business that can thrive in any part of the world especially if you not just operating a sports betting business where people can only be allowed to place bet by visiting your outlets but via your website. With that you will be able to attract customs from all over the world irrespective of where your sports betting company is located. One key factor that will help you to succeed in this business is to pay winners as at when due.
5. Sports Consulting Business
Another interesting sports related business that you can start is to become a sports consultant; offering consulting services for sports men and women, sports clubs and even the government. Although this business is still pretty much green, but it is not open for all and sundry. You should be able to prove your worth as a consultant before you can make headway in the industry. It is one thing to register a business as a sports consultant, it is entirely another kettle of fish for you to attract clients’- especially big time customers that can pay you huge fees et al.
6. Become a Professional Sports Blogger
Another of the sports related businesses that you can comfortably start with little or no start – up capital is to start blogging on sports related topics. You could choose to specialize in just one sports i.e. football (soccer) et al, or you could settle for all sports.
The bottom line is that if you have useful contents on your blog you will attract readers / viewers and the higher the numbers of visitors that visits your blog regularly, the easier it is for you to make money as a blogger. You will be able to get corporate organizations to place adverts on your blog.
The sports industry all over the world has more followers more than how it was in the past. This is one of the reasons that should make you embrace a sports related business. Doing this means that you have got to be ready to bear the financial brunt, as well as other brunt that might follow it. If on the other hand the type of business that you intend to start is such that requires a huge start up, then you may want to bring in investors who can help push the vision.
7. Start an Online Sport Shop
Another sports related business that you can start is an online sports shop, a shop where you will sell sporting wears and sports accessories et al. There is a large market for sports wears and accessories. Just like any other e – commerce store, you would need to make arrangement for shipping.
The Bottom Line
While you may not be able to run a like the wind, or hit a tennis ball, you can still turn your passion for your game into a money maker. All it takes is the will to mold that passion into a business.