FailedNormieManlet
NTmaxxed pajeet
- Joined
- Oct 10, 2021
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Money maxxing plan
I hope that by recruiting students from the school I will teach in, it will give me a huge market of students for my school.
I predict that if I can get 20 kids to sign up, that's £600 a month, £7.2k a year for a hobby I normally do + my normal salary. I won't be a millionaire, but I'll be able to make money doing the thing I really enjoy. I already attend BJJ/judo, so why not make money from it? Adults classes I might struggle to pull as many though might have 5-10 students at most.
My judo blackbelt will take me another 2 years probably - but I will wait 5/6 years so I'm a decent blackbelt. By then my salary will be £36k from my job + the 7.2k. I will be on £42k a year at age 27/28 + money from investing in properties.
However the drawbacks :- I have never ran a fucking business. Idk how the costs of a business are or how hard it is to run one. How hard really is it?
- Get a job teaching kids
- save up 30k
- buy nan's flat with 30k - real value is 100k, but being sold it for 30k cuz of council
- with that 100k, I put it in property. I save 10k or so for bjj/judo gym
- Keep training bjj/judo
- Get judo blackbelt and open my gym
- Start recruiting kids from the school I teach in
- I run this judo club as a side hustle
- Keep training bjj
- Then once I get BJJ purple belt - or blackbelt hopefully
- I start teaching BJJ/judo to kids and adults - will intentionally keep my prices cheap to undercut competition in my town
- Profit?
I hope that by recruiting students from the school I will teach in, it will give me a huge market of students for my school.
I predict that if I can get 20 kids to sign up, that's £600 a month, £7.2k a year for a hobby I normally do + my normal salary. I won't be a millionaire, but I'll be able to make money doing the thing I really enjoy. I already attend BJJ/judo, so why not make money from it? Adults classes I might struggle to pull as many though might have 5-10 students at most.
My judo blackbelt will take me another 2 years probably - but I will wait 5/6 years so I'm a decent blackbelt. By then my salary will be £36k from my job + the 7.2k. I will be on £42k a year at age 27/28 + money from investing in properties.
However the drawbacks :- I have never ran a fucking business. Idk how the costs of a business are or how hard it is to run one. How hard really is it?