Over the years, Muay Thai – also known as Thai Boxing, has become a lucrative business in Thailand for weight loss. It is among the most popular sports in Thailand and has been a means of survival for thousands of Thai indigenes and residents.
In Thailand, Muay Thai training camps compete amongst each other in raising the best fighters. Representatives from different gyms fight in competitions and tournaments to win money for both them and their training camps- or gym. Many people have earned a good income and escaped poverty by becoming Muay Thai boxers.
In Pattaya, which is one of the lowest-paid regions of Thailand, the average Muay Thai boxer earns between 3,000 and 4,000 baht (US$96 to US$130) per fight. On the other hand, in Bangkok, the payment of an average fighter begins from 4,000 baht- and increases according to the fighter’s expertise and the kind of tournament.
Many people in Thailand want to delve into Muay Thai- especially as people from other parts of the world continuously show interest in sports. You, too, can tap into this lucrative business and make a lot of money. Below are some ways you can make a great profit from setting up a Muay Thai training camp in Thailand.
1. Get Funding to start up your training camp for weight loss
The truth is, almost everyone in the world is increasingly becoming conscious of their fitness. This is why opening a gym has become an excellent investment around the globe as a whole. So, to benefit from the lucrative business of Muay Thai, the first step is to get Funding. You may want to discuss the idea with some investors and convince them to channel their funds into your business.
2. Get Approval
Like any other company or business, Muay Thai sports is under the regulation of the Thailand government, the International Federation of Muay Thai Associations, and the World Muaythai Council. Before you start your Muay Thai business, it is necessary to get approval from the relevant government agency to supervise your training center and grant you approval.
3. Haunt for strong and talented young boxers
Muay Thai involves rigorous training that not everyone can withstand. This is why you need to get a good talent scouting team that’ll go around the villages to pick strong young people interested in the sport. At first, you may need to train some of the young boxers for free, but over time, as your fighters being to win fights and your training camp’s popularity increases, you will start earning a lot of money.
4. Advertise your weight loss business online
Online marketing and advertising is an incredible tool that most businesses cannot do without. To boost your Muay Thai training camp, you will need to leverage social media. Place adverts targeting a specific audience all around Thailand and other parts of the world.
By following the above-listed steps, you can startup your Muay Thai business such as http://www.suwitmuaythai.com and make a lot of money for yourself and your fighters.