What are people most interested in? There can be two answers to it. One is movies and the other is sports. If you look from a business perspective, one can incur huge losses in movies and entertainment business but sports is such a business which is both profitable and one that can give you fame and recognition.
Here are the most profitable sports business ideas that you should start in 2019 –
If you got a flair for writing and a passion for sports, it’s worth doing immediately. You just need to open a blog and simply start writing. Blogs are read worldwide and you can instantly gain popularity and recognition for your writing.
You just need to prove how different you are from other writers in the same field. You must have quality content for the readers to attract and come back at your blog.
Wonder how newspapers have Virat Kohli’s perfect cover drive photos in it or Cristiano Ronaldo’s amazing goal. It is because of the fantastic sports photographers that they have. It is one of the most in-demand businesses.
Many renowned websites and channels pay huge sums of money for one picture of theirs. You just need to have a camera and the art of clicking pictures.
Sports people often encounter circumstances in their careers’ where they are deeply sad, angry and let down by themselves. They have a lot of stress and not to forget the expectations of millions of people who can also bog a person down. Many times it can take a huge toil onto a players’ psyche.
In such cases, a Sports Psychologist is the go-to person.
To gather a better understanding, also read: The What & Why of Sports Psychology
4Sports Retail Shop
Sports retail is one of the most profitable businesses. Right from little kids to teenagers and middle-aged people buy sports equipment and accessories. Gloves, Shoes, Bats, Balls etc. with specific brands like Adidas, Nike, Reebok are available and accessible to everyone.
People often buy tracksuits for their morning walks and gym clothes from such sports retail shops.
A sports bar is the hippest place to be for a sports fanatic, if not the stadium itself. Sports Bars are the most popular destinations for youngsters as they can watch their favourite Manchester United Vs Real Madrid game on the big projection screen or watch Virat Kohli chase down a huge Australian total, with a drink to go with.
Also, the chill vibe with the happening music playing around adds to the ambience. It’s a perfect place to be on a Saturday night and as a businessman, you can cash on it.
As a business idea, owning a gym is a very profitable one. As numbers have it, 70 per cent of people who join the gym are irregular and leave it within a month but after paying for the whole year – which makes it very profitable. You have to invest in the types of equipment and coaches. You can also attract people by having Zumba and Yoga in the gym.
There is a huge and crazy market for memorabilia. Do you know for how much did Mahendra Singh Dhoni’s World Cup winning bat go? It’s a whopping 92 lakh rupees.
There are many fans out there who want to have signed autographs, jerseys or anything related to their favourite players. These fans are willing to pay any amount. It is the same business as with antics. It is very popular in Western countries and is fast gaining popularity in India as well.
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