For thousands of years, humans have interacted through one business venture or the other. Some even suspect that the “first” transaction between cavemen who exchanged his meat for a neighbor’s tuber. However, the business has grown into a million forms now and has become as simple as ever.
The only way to grow your finances and become ‘financially free’ for life is to invest your money in a business. Yet the biggest question that begs an answer is;
What kind of business should one invest in?
As a growing economy, Thailand is home to one of the biggest business hubs of South-East Asia. It makes it one of the most secure and progressive places to “invest” your funds. Looking for a business to invest your talent, resources, and time into, then I suggest Thai boxing.
What are Thai boxing, and its prospects?
Muay Thai boxing is a combat sport that evolved from an ancient Thai military combat system. However, these days, it has become a recreational sport mostly practiced in gyms, camps, and other centers. Most people train in Muay Thai to lose weight, keep fit, exercise, and so on.
Here are sectors where you can invest in Muay Thai
It is this recreational sport that is creating jobs for lots of people in Thailand. It also makes it one of the fastest-growing businesses and a great sector to invest in.
- Invest in a Muay Thai sport competition
With Muay Thai popularity growing in Thailand, it is presenting a great way to make more money. Partnering to host a Muay Thai sports competition can become a lucrative venture if you manage it just well.
Also, as a sponsor of Muay Thai boxing competitions, you can gain indirect profits through adverts, branding, and marketing.
The best way to start is to reach out to your community.
- Become a Muay Thai landlord
It’s funny, isn’t it? But imagine the thousands of tourists that troop into Thailand each year for Muay Thai. Most of these tourists are either coming to learn or train more. Where do they stay for the extended visit? How do they live?
If you can provide easy accommodation for these tourists, that make their stay easy and less stress-free, you have solved a problem. Boom! You are a businessman.
- Build a Muay Thai boxing gym
In Muay Thai boxing, no investments are too large. Thailand is becoming one of the tourism hubs of the world. The massive crowd Thailand attracts during the year is something any serious investor will want to do something about.
Some of these tourists will like to keep fit, maybe continue their routine, lose weight, and all; this is where a gym comes in handy for them.
You can also partner with another investor (s) in building the gym/fitness camp. It doesn’t have to be a single business. Muaythai-thailand.com is an example of Muay Thai boxing business.
When investing in business projects within Thailand, don’t forget to improve the community of your business. There is no good PR like charitable works. And relating to Muay Thai sport, it can be in healthcare, fitness checks, sensitization rallies, free tips, and so on.
Most reports coming out of Thailand are that it is a growing gold mine for start-ups and tourism. It would become a prowling ground for bigger investments in the future.