Sports is one of the most paying ventures in the world. Apart from players taking part in various events, there are lucrative businesses in sports that can earn businessmen a fortune. Here are some of them;
1. Being a photographer
Every team takes time to sit down for the team and individual pictures. These images are often shared with relatives and friends. And there’s usually a photographer responsible for delivering those images. A local team will try to find a local photographer for these moments. Marketing your photo business to these organizations could land a lucrative and long-lasting contract.
2. Sports blogging
With advancement in technology, it is now easy to put up a blog that can tackle sports issues. This requires very little capital and one can blog about the sport they were involved in or choose a wider swath. Insider information from colleagues with athletic backgrounds will position your blog in a good place.
3. Starting a gym
Whether it’s investing in a gym franchise or starting a small independent weight room, fitness-conscious people and bodybuilders need “their church” where they congregate. This type of business clearly requires a little investment, obviously. Gym equipment, a gym, and insurance are just the beginning.
4. Start a magazine
Some of the best apps for creating your own publication include Adobe Digital Publishing Suite. You can monetize the publication by getting in touch with old colleagues and selling ads.
5. Start a jersey-selling business
Everyone wants to wear the name and number of their favorite athlete. Make sure any and all suppliers are licensed properly. A good graphic designer is another must-have for this idea.