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6 Money Making Sports Related Business Ideas

6 Money Making Sports Related Business Ideas

Around the world, people are either playing sports or watching sports. Anywhere you look in the media, sports are being broadcasted worldwide and have sometimes had even more viewers than the news stations—imagine how many people watch the Olympics and the Super bowl!

If you love everything sports, why not start a business circulating around something that you love anyway? Listed below are ways to make money in the sports industry.

1. Sports Magazine or Newspaper

If you’re a great writer and have a love for sports, you may be able to start your own newspaper or magazine. With the amount of sports fans around the world, you’ll have no problems with gaining a following as long as your content is quality material and well-written.

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Up-to-date sports writing, along with well-written, quality materials will make the readers want to purchase your magazine. The more people that purchase your newspaper or magazine, the more money you will be able to take in.

2. Sports Radio Station

Another way to get involved with sports in the media is to start a sports radio station. This particular type of radio station is dedicated to anything and everything sports related, 24 hours a day, 7 days a week, and 365 days a year. It may seem daunting to have your station run constantly, but the benefits will make it worthwhile.

Running your station at 24 hours a day ensures that it can reach a variety of different people who can listen at any time of the day that they find convenient, which can increase the number of listeners once it’s established that your station will give the latest, up-to-date sports information on real-time. You can get paid based on how many listeners are tuning into your station.

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3. Sports Betting

Although not the best way to make money, as it can get addicting and risky, this is another way to earn some cash in the sports industry.

Sports betting thrives in any part of the world, and with a sports betting business, people can be allowed to visit your establishment and place bets via your outlets or website.

4. Sports Cartoons

Just like with sports writing and sports broadcasting, you can share your love of sports while making money. If you’re a graphic artist or animator, you could produce cartoon movies and then pitch your idea to a producer who will most likely purchase your work if they feel that it could attract many viewers.

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Sports cartoons won’t be too much of a problem to sell because it children that love certain sports will most likely be the viewers, and it will also allow other children to fall in love with the sport as they watch the cartoons.

5. Sports Shop

If you want to be able to talk sports with a variety of different people, you can open up a sports shop. You can keep it as a general sports shop, or stick to one specific type of sport. As long as you know which sports are popular in your region, you will undoubtedly attract customers no matter where you set up considering that every part of the world is engaging in some kind of sports event.

The type of merchandise sold at your shop can range from memorabilia to sports equipment—such as souvenirs, apparel, balls, and shoes—really anything and everything sports! The more merchandise you have, the more people you will attract, the more money you can make.

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6. Sports Marketing, Promotion, and Branding Company

This business can thrive extremely well if you are promoting popular teams and putting out quality merchandise. Getting into sports marketing means you should be knowledgeable about which teams are doing the best during their seasons where people are more likely to purchase their memorabilia—such as jerseys, souvenirs, apparel, etc. It will help you in picking which athletes you would want to wear your brands to promote your business.

This type of business takes dedication and work but can be worthwhile in the long run – remember, brands like Nike and Adidas started at the very bottom before rising to where they are now.

All in All

These are only a few ways to get into the sports industry business. No matter what your interests may be, you could always find a way to tie it into sports. So get the balls rolling and see how you can turn your passion into income!

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Last Updated on January 21, 2020

The Best Way to Create a Vision for the Life You Want

The Best Way to Create a Vision for the Life You Want

Creating a vision for your life might seem like a frivolous, fantastical waste of time, but it’s not: creating a compelling vision of the life you want is actually one of the most effective strategies for achieving the life of your dreams. Perhaps the best way to look at the concept of a life vision is as a compass to help guide you to take the best actions and make the right choices that help propel you toward your best life.

your vision of where or who you want to be is the greatest asset you have

    Why You Need a Vision

    Experts and life success stories support the idea that with a vision in mind, you are more likely to succeed far beyond what you could otherwise achieve without a clear vision. Think of crafting your life vision as mapping a path to your personal and professional dreams. Life satisfaction and personal happiness are within reach. The harsh reality is that if you don’t develop your own vision, you’ll allow other people and circumstances to direct the course of your life.

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    How to Create Your Life Vision

    Don’t expect a clear and well-defined vision overnight—envisioning your life and determining the course you will follow requires time, and reflection. You need to cultivate vision and perspective, and you also need to apply logic and planning for the practical application of your vision. Your best vision blossoms from your dreams, hopes, and aspirations. It will resonate with your values and ideals, and will generate energy and enthusiasm to help strengthen your commitment to explore the possibilities of your life.

    What Do You Want?

    The question sounds deceptively simple, but it’s often the most difficult to answer. Allowing yourself to explore your deepest desires can be very frightening. You may also not think you have the time to consider something as fanciful as what you want out of life, but it’s important to remind yourself that a life of fulfillment does not usually happen by chance, but by design.

    It’s helpful to ask some thought-provoking questions to help you discover the possibilities of what you want out of life. Consider every aspect of your life, personal and professional, tangible and intangible. Contemplate all the important areas, family and friends, career and success, health and quality of life, spiritual connection and personal growth, and don’t forget about fun and enjoyment.

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    Some tips to guide you:

    • Remember to ask why you want certain things
    • Think about what you want, not on what you don’t want.
    • Give yourself permission to dream.
    • Be creative. Consider ideas that you never thought possible.
    • Focus on your wishes, not what others expect of you.

    Some questions to start your exploration:

    • What really matters to you in life? Not what should matter, what does matter.
    • What would you like to have more of in your life?
    • Set aside money for a moment; what do you want in your career?
    • What are your secret passions and dreams?
    • What would bring more joy and happiness into your life?
    • What do you want your relationships to be like?
    • What qualities would you like to develop?
    • What are your values? What issues do you care about?
    • What are your talents? What’s special about you?
    • What would you most like to accomplish?
    • What would legacy would you like to leave behind?

    It may be helpful to write your thoughts down in a journal or creative vision board if you’re the creative type. Add your own questions, and ask others what they want out of life. Relax and make this exercise fun. You may want to set your answers aside for a while and come back to them later to see if any have changed or if you have anything to add.

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    What Would Your Best Life Look Like?

    Describe your ideal life in detail. Allow yourself to dream and imagine, and create a vivid picture. If you can’t visualize a picture, focus on how your best life would feel. If you find it difficult to envision your life 20 or 30 years from now, start with five years—even a few years into the future will give you a place to start. What you see may surprise you. Set aside preconceived notions. This is your chance to dream and fantasize.

    A few prompts to get you started:

    • What will you have accomplished already?
    • How will you feel about yourself?
    • What kind of people are in your life? How do you feel about them?
    • What does your ideal day look like?
    • Where are you? Where do you live? Think specifics, what city, state, or country, type of community, house or an apartment, style and atmosphere.
    • What would you be doing?
    • Are you with another person, a group of people, or are you by yourself?
    • How are you dressed?
    • What’s your state of mind? Happy or sad? Contented or frustrated?
    • What does your physical body look like? How do you feel about that?
    • Does your best life make you smile and make your heart sing? If it doesn’t, dig deeper, dream bigger.

    It’s important to focus on the result, or at least a way-point in your life. Don’t think about the process for getting there yet—that’s the next stepGive yourself permission to revisit this vision every day, even if only for a few minutes. Keep your vision alive and in the front of your mind.

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    Plan Backwards

    It may sound counter-intuitive to plan backwards rather than forwards, but when you’re planning your life from the end result, it’s often more useful to consider the last step and work your way back to the first. This is actually a valuable and practical strategy for making your vision a reality.

    • What’s the last thing that would’ve had to happen to achieve your best life?
    • What’s the most important choice you would’ve had to make?
    • What would you have needed to learn along the way?
    • What important actions would you have had to take?
    • What beliefs would you have needed to change?
    • What habits or behaviors would you have had to cultivate?
    • What type of support would you have had to enlist?
    • How long will it have taken you to realize your best life?
    • What steps or milestones would you have needed to reach along the way?

    Now it’s time to think about your first step, and the next step after that. Ponder the gap between where you are now and where you want to be in the future. It may seem impossible, but it’s quite achievable if you take it step-by-step.

    It’s important to revisit this vision from time to time. Don’t be surprised if your answers to the questions, your technicolor vision, and the resulting plans change. That can actually be a very good thing; as you change in unforeseeable ways, the best life you envision will change as well. For now, it’s important to use the process, create your vision, and take the first step towards making that vision a reality.

    Featured photo credit: Matt Noble via unsplash.com

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