Ball is life, even outside of the basketball court. If you cannot make it to the NBA or any other league, no need to worry. While being a player is one of the easiest ways to earn money from basketball, there are other things that you can do. Keep on reading and we’ll let you know some of the best ways to make basketball your source of income.
- Become a Bookie
Basketball is one of the most popular for sports betting. Take advantage of this trend and become a bookie. However, take note that this may not be the best thing to do in all places since there are some states where it is illegal. Check with the regulations from where you are. If it is legal, look for a bookie software to get started. Pick one that is easy to use and feature-rich. Look for pay-per-head options, which are more economical.
If you are looking for a bookie software, check out Bookiemarket.com. However, take note that this isn’t a platform where people can place bets. However, this can give you a real feel of how things work.
2. Start a Coaching Career
If you want to still feel the action on the court without being a player, consider a coaching career. To become a basketball coach, you should know the game by heart. It is good to have experience playing. Start at the bottom and volunteer. Do not hesitate to accept the coaching position as an assistant. For the qualities, you need sportsmanship, teamwork, a positive attitude, and respect. You also need communication skills. Most importantly, you need the right game strategy to propel your team into victory.
3. Sell Basketball Uniforms
Another promising way to earn money from basketball is to design and sell apparel, especially uniforms. According to Entrepreneur, starting a sports team uniform service will have a startup cost of anywhere from $2,000 to $10,000. You can operate it from home and even part-time. You don’t even need to have a physical store. Start with a website and you can reach potential customers. Don’t forget about marketing to reach more people.
4. Host an Event
You can also consider starting an event management service as a business idea. Start hosting basketball games featuring all-star teams. You can sell tickets for the sporting event, and from here, you can earn money. You can also look for sponsors from businesses in the local community to help you stage a game.
5. Sell Basketball Items
Put your selling skills to the test by selling basketball-related items, including memorabilia and player figures. Like with selling basketball uniforms, you can also do it even at home or online. There are many website builders that will allow you to build your e-commerce store from scratch, even without experience.
Consider our suggestions above to make a living out of hoops. From coaching to selling uniforms, there are many things that you can do to embrace your entrepreneurial spirit if you are passionate about basketball.