Getting Into Boxing Promoting?

[the gent]

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..

[MeccaOfBoxing]

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?

[futureofboxing]

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.

[MeccaOfBoxing]

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.

[Kevin Malone]

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...

[Danny Gunz]

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/

[MeccaOfBoxing]

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

[The Comedian]

You'll have to be really intelligent with your spending. The first few events you promote you most likely wont make a profit or break even for that matter.

You have to get insurance
Catering
Pay Fighters
Pay Who Ever Is Housing The Event
Promoter Licenses
Promote the Actual Event and fill seats
etc...

this isnt even scratching the service.

Takes ALOT OF HARD WORK.

[emart05]

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.

[the gent]

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?