Although some people have time believing this, it remains a fact; services to people will always be the most profitable thing. Businesses that focus on providing services, commodities and consumable utilities will always be preferred over general items or services.
However, this is not to say there are no other profitable ventures, or Muay Thai is the only sport a person can invest in. However, with Muay Thai, you have a vast network and niche of investments.
There are many ways to invest in Muay Thai, especially in this period. Some of the niches include;
- Muay Thai sports and fitness services
Many activities are attached to Muay Thai sport and fitness services that are entirely some investment. Some of them include
Building Muay Thai centres – While this is the most capital intensive of all Muay Thai investments, it doesn’t make it impossible. People can enter partnerships, seek various funds, or even crowdfund to build a Muay Thai centre.
These centres can range from usual fitness centres, gym centres, camps, and other stations.
- Renovating existing areas
Muay Thai centres are quite the view in Thailand; most of them are as ancient as essential to the Thai culture. It can be an excellent investment to get these Muay Thai centres running again and collect some revenue or tolls when people come for tours.
- Buying off Muay Thai camp
If you have lots of funds and are not keen on any delays in running a Muay Thai centre, the best thing is to buy a Muay Thai camp. Some camps are sitting dormant after years of mismanagement or lack of funds.
Investing in these camps will not just be a personal goal but a win for the sport. Sometimes, it is more cost/management effective to buy an existing camp than building one from scratch.
- Investing in Muay Thai social projects
Muay Thai is just as important to the community as other social projects or services. Most schools and institutions such as Suwitmuaythai gym have realized the benefits and begun incorporating them into their curriculum.
Some examples of social projects for Muay Thai include;
- Investing in Muay Thai competitions
- Plan and organize inter-school Muay Thai competitions
- Plan Muay Thai carnival or events within communities
- Invest in Health or other fitness-related awareness programs
- Muay Thai retailing
There is such a gold mine in retailing Muay Thai products, especially Thailand. Since it became the recognizable hub of Muay Thai, thousands of people continue to swing into the country to “live” the Muay Thai experience in many ways.
There are lots of commodities you can retail in Thailand;
- Muay Thai wears
The expanding notion of styles and fashion means “regular” won’t do it anymore. Many others want to stand out, especially in their sportswear.
- Muay Thai equipment
As new gyms continue to spring across every corner of the country, there is increasing demand for Muay Thai training equipment to improve the fitness standards.
- Muay Thai camps
There is a growing demand for camps, making it easier for visitors to visit Thailand and still enjoy the Muay Thai experience. These camps such as Suwitmuaythai.com are significant, with lots of accommodation spaces, health and other social faculties.
Whether you choose to throw your investments, you win with Muay Thai.