Getting Into Boxing Promoting?

Grassroots success: 1. Small business loan. 2. Open a gym 3. Build a client base 4. Allow travelling existing boxers AND trainers to train there for free on fight nights. (or throughout the year depending on your market and demographic) 5. Treat them well enough and when their existing contracts run out...offer to let them train there for free if they sign your promotional contract. Basically to sign a fighter You have to have enough capital to pay a fighters Housing, training,insurance, travel. etc. OR he has to work another job to help balance it out. Your job will also include heavy marketing, securing the venue, bringing in sponsors, etc. I would stick with having a stable of fighters that other established promotional groups SIGN for THEIR fights...till you build the captial.

Thanks man, great post. So you would have to start off with quit a few $$$ in your back pocket then? Yes on the $$$. Any way you slice it, money will be needed. You have to realize that if you have a fighter, even if he is not fighting, at an early stage in their career, a fighter can get a 3 day notice to fight. So they have to be in ready shape constantly. In the gym=their job=your paying. THe hardest part if you go this particular route is finding the talent. The talent is not always at your local gym. You have to keep yourself in the game by going to events, other gym in other cities even states etc. again, hard biz, but why not?

Can anyone inform me how the likes of Lou Dibella, Don King, Dan Goosen, etc got there start? Everyone's gotta start from some were right? DiBella used to work with HBO boxing before he started DiBella entertainment. Don King was mentored by Don Ealbum (I think thats how you spell it) who was an old promoter back in the day. Bob Arum was some type of government lawyer who didn't care about boxing and ended up being Muhammad Ali's lawyer. There is no standard operation procedure on how to get into the boxing business. Everyone in it got in by chance or being at the right place at the right time.

Ok fine lets assume you live in Las Vegas. How to become an amateur boxing promoter in LV: http://boxing.nv.gov/New_regaprom.htm How to become a pro boxing promoter: http://boxing.nv.gov/New_regpprom.htm I doubt a whole lot of promoters just jumped right in the game they probably got there start somewhere. In some cases a degree at college (I know Dibella graduated from Harvard Law and then worked for HBO) or maybe they had a background in boxing. Here is a list of the current boxing promoters according to the Las Vegas Boxing Commission: http://boxing.nv.gov/telephone/rptPryearPROnet.pdf Maybe it would be smart to email one of these places about possible career opportunities. Thanks man

Can anyone inform me how the likes of Lou Dibella, Don King, Dan Goosen, etc got there start? Everyone's gotta start from some were right? Ok fine lets assume you live in Las Vegas. How to become an amateur boxing promoter in LV: http://boxing.nv.gov/New_regaprom.htm How to become a pro boxing promoter: http://boxing.nv.gov/New_regpprom.htm I doubt a whole lot of promoters just jumped right in the game they probably got there start somewhere. In some cases a degree at college (I know Dibella graduated from Harvard Law and then worked for HBO) or maybe they had a background in boxing. Here is a list of the current boxing promoters according to the Las Vegas Boxing Commission: http://boxing.nv.gov/telephone/rptPryearPROnet.pdf Maybe it would be smart to email one of these places about possible career opportunities. Here is the Nevada Athletic Commission website: http://boxing.nv.gov/

You probably wouldn't need a ton of money but you'd probably at least need a few thousand I'd imagine. But if you fail you could lose that few thousand pretty quickly. Any type of business venture, especially in the world of sports, is a very risky business. Tread carefully...

Yeah if that is where your heart truly is you can do it for sure. How old are you and where are you from? Good luck my man if you go for it. Thanks alot man.

Is it possible? Alot of boxing promoters over the years have started from scartch and become a success. What are the keys to becoming a success? With dedication, hard work and persistance, is it possible to become a mainstream rich promoter? Thanks guys Yeah if that is where your heart truly is you can do it for sure. How old are you and where are you from? Good luck my man if you go for it.

Well the first step is to have some fighters, a stable...One will do if he's good enough to get fights on other promoted events..Getting fighters fights is not as easy as it may seem, even if they are really good. Just know that when you have a fighter, you are sponsoring him, ie. giving him money even if he is not fighting...a loan here and there, and hopefully you can recoup if he gets fights. If you want to put on shows, that's a different story. It's like producing a movie. You have to bring all the details together... Venue, fighters, advertising, dealing with each fighters manager, down to the hiring the ring girls..tough biz. I would suggest going to local events/fights, and do what most entrepreneurs do "ask allot of questions". Good luck.. Thanks man, great post. So you would have to start off with quit a few $$$ in your back pocket then?

Is it possible? Alot of boxing promoters over the years have started from scartch and become a success. What are the keys to becoming a success? With dedication, hard work and persistance, is it possible to become a mainstream rich promoter? Thanks guys Well the first step is to have some fighters, a stable...One will do if he's good enough to get fights on other promoted events..Getting fighters fights is not as easy as it may seem, even if they are really good. Just know that when you have a fighter, you are sponsoring him, ie. giving him money even if he is not fighting...a loan here and there, and hopefully you can recoup if he gets fights. If you want to put on shows, that's a different story. It's like producing a movie. You have to bring all the details together... Venue, fighters, advertising, dealing with each fighters manager, down to the hiring the ring girls..tough biz. I would suggest going to local events/fights, and do what most entrepreneurs do "ask allot of questions". Good luck..

To me they are demotivational because I, like most, don't want to work hard. lol. So you havent achived your goals then?

Can anyone inform me how the likes of Lou Dibella, Don King, Dan Goosen, etc got there start? Everyone's gotta start from some were right?

Some motivational words there, thanks To me they are demotivational because I, like most, don't want to work hard. lol.

If you really have the desire and ability to accomplish something you can do it if you work hard enough. I speak for myself especially when I say a huge majority of people don't want to work for it. Some motivational words there, thanks

If you really have the desire and ability to accomplish something you can do it if you work hard enough. I speak for myself especially when I say a huge majority of people don't want to work for it.

Well for starters what state are you from?

Promoting is a DIRTY game. It's not meant for everybody, plus you have to have a good amount of coin at your expense. Lot's of backroom deals, severed friendships, and financial setbacks. Promoters come and go all the time because it's tough. The only ones that survive are the ones with an endless supply of money.

Persistance is the word, because everyone loses money at first. It's very hard to make money promoting fights. But if you can motivate local businesses to sponsor the fights, sell tickets by going out and promoting on the grassroots level with the media and local organizations, you can build a rapport with your community and build your small shows to bigger venues. Thanks for a great reply man. So it is possible then?

Persistance is the word, because everyone loses money at first. It's very hard to make money promoting fights. But if you can motivate local businesses to sponsor the fights, sell tickets by going out and promoting on the grassroots level with the media and local organizations, you can build a rapport with your community and build your small shows to bigger venues.