Game plan for starting a sport and exercise business.

Module 1: Game plan for starting a sport and exercise business.

1. Sport/Exercise business idea 1: What research led you to select this business concept?

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2. Sport/Exercise business idea 2: What research led you to select this business concept?

3. Sport/Exercise business idea 3: What research led you to select this business concept?

Answer:

1. After doing some research about sports careers and job I have come up with three business concept that I would like to do further research on. First business idea, is to own a private soccer training academy. The second business idea is to organize a soccer tournament with the best youth team in the south Florida. The third business idea is to create an app that allowed coaches and athlete to communicate, share drills, etc. The idea will be to great a social media platform for soccer players, coaches, and fans.

Module 2: Game plan for Starting a Sport or Exercise Business.

Directions: Analyze your three business ideas. Which idea do you think has the most global opportunity? Why?

1. Sport business idea 1

2. Sport business idea 2

3. Sport business idea 3

Which idea do you think has the most Ethical opportunity? Why?

The key is for you to realize that you must analyze the semester-long activity of writing a business or game plan.

Is there enough material to support a secondary search of information?

Will you be able to find some comparable financial data?

Can you find some support on which of the three potential sport business ideas is most likely able to be implemented after the course ends?

Answer:

Sport business idea 1: Own a private soccer training academy and sport psychology private practice.

Sport business idea 2: Organize a soccer tournament with the best youth team in South Florida.

Sports business idea 3: Create an app that allows coaches, athletes, trainers, and fans to communicate, share drills. A social media platform for soccer enthusiastic.

From the three business ideas, the social media soccer platform has the most global opportunity. Due to being an app, it is able to reach a higher population around the world because it is online. Anyone with accessibility to the internet will be able to use the app.

I believe that the first idea, a private soccer training academy and private sport psychology practice, has the most ethical opportunity because it will be helping athletes physically and mentally. The idea is to help them become well-rounded players and take them to the next level one session at a time. Usually other businesses that ado private soccer trainings focus only on the technical and tactical aspect of the game. They often claim that they help athletes become mentally stronger through their soccer training but they have no knowledge and experience on how to do so. They have no certification and education on exercise and sport psychology. My business idea is ethical because I will have the certification and experience of a sport psychologist.

There is enough research to support a secondary search of research. I am connected with many trainers throughout the world that are successful private soccer trainers that provide me tips and advice on how to successfully start my business. There are also research online that supports my business idea but not as much as I would like to have because there are only few successful private trainers in the world that are known.

I believe I will be able to find some comparable financial data. As I mentioned earlier. I am well connected with other private trainer in the world that give me advice on how much to charge, how to keep track of sessions and players, how to create contracts, and how to attract committed players. Some have shown me how their pricing program works. It will be hard to find information about this type of business online. In my case, it will easier to find information through peers.

From all the three business idea, I believe that the first idea of running a private soccer training business will be the most likely idea that I will be able to implement after the end of the course because I am currently doing so. I just have not made it official in the sense that I do not have a business name and logo that I have purchased copy rights. This is something that I am planning to do soon.

Module 4 Part B: Game Plan

A prospector company aggressively offers new products or services or aggressively enters new markets. Prospecting is a growth strategy used in fast-changing environments with high growth potential. Develop three potential prospector strategies for the business you have started in the prior chapters.

Answers will vary based on the company started by the student. However, an indoor soccer training facility might consider developing lacrosse leagues, offering their field for local colleges to train indoors during the winter season, or having birthday parties during periods when the facility is not busy with leagues and teams.

1. Prospector strategy 1: ________________________________________________________

2. Prospector strategy 2: ________________________________________________________

3. Prospector strategy 3: _______________________________________________________

Answer:

1. Prospector Strategy:

1. I will host birthday parties in indoor facilities. It is perfect for kids because I will have an arcade room as well for them to enjoy.

1. Pick-up games will be offered almost every night for people to come together and play other players whom they might not even know. This will be done at night when the academy is done training.

1. The business will host watch parties when big games are going on. The facility will have a bar, which will make it perfect for people to come with their families and have a great time.

Module 5b: Game Plan

Delegating is an art and a skill. Some managers are able to delegate many tasks to their employees. However, many managers think employees will never do the job as well as they could do it themselves.

1. Describe what you would do to create a positive atmosphere of delegating in the sport or exercise company you started in prior chapters.

2. Describe 3 issues you would be able to delegate.

1. Key delegating issue 1

2. Key delegating issue 2

3. Key delegating issue 3

Answer:

To create a positive atmosphere of delegating in my indoor soccer facility, first I will make sure that all the staff that I hire I can trust because of their experience. Therefore, I will be able to trust them and delegate them to do things without doubting their capabilities. I will give everyone opportunities to prove themselves and will also make sure they feel comfortable enough with me to ask me questions just incase they have any doubts. I believe in giving empowerment to employees and allowing them to be independent.

Some issues I will be able to delegate is allowing the coaches to design their own training for their teams and private trainings. Obviously, I will sometimes oversee to make sure that the training they plan are meeting the teams and players needs. I will delegate to them the equipment. I will have an equipment room where they will pick up all the things necessary for their training as long as equipment gets returned. Another thing I will delegate is for them to be a contribution to the social media marketing.

Module 6

Building an organization with a diverse workforce doesn’t just happen. Can you think of three strategies to help increase diversity in your new sport organization?

Answers will vary. However, it would be nice to have a diverse group of people from all of your stakeholders. Diversity is important on and off the field.

1. Diversity strategy 1: ______________________________________________________

2. Diversity strategy 2: _______________________________________________________

3. Diversity strategy 3: ________________________________________________________

Answer:

Diversity Strategy 1: Allow people from all ethnicity background to be part of the program

Diversity Strategy 2: Have employees of different background and make them feel welcome. Accept people differences and listen to their opinions even though they might contrast mine because since they have a different background and experience they might actually be familiar with a particular subject compare to me.

Diversity Strategy: I will specify that I am willing to give holiday breaks to those who celebrate holidays of other culture and religions.

Module &: Game Plan

Hiring people to work for your organization is a real-life commitment on your part to build your organization. Look on LinkedIn to find three qualified people to help you manage your sport organization. Describe why each would be a good fit for your business.

Answer:

If I were to hire people for my organization, I would hire a sport marketer names Hayes, he currently is a sports marketing manager for Red Bull. I would choose him because a lot of experience and knows four languages. He was a professional water skier. T has nothing to do with soccer but having someone with a different outlook could potentially benefit me. Another person I would hire is Sinue. He is a Brazilian soccer coach who also speaks four languages. He has good connection with professional teams and players and brazil which mean that I would be able to potentially use his connects. The third person I would hire will be Christopher, who is the director of a club in Miami Lakes. He will be able to help me operate the day to day duties and run the show.

Module 8: Game Plan

Power, politics, conflict, and stress are part of every organization. What is one thing you learned from the chapter that you will implement to help manage each of these behaviors that organizations exhibit?

(provide 1 sentence for each example for full credit)

Power:

Politics:

Conflict:

Stress:

Answer:

Power: People who are in power of telling people what to do should not abuse it. Having good people skills is crucial gaining power.

Politics: It is important to be political in order to be a successful manager and for promotions.

Conflicts: To be successful manager, you have to practice effective conflict resolution. Be style of conflict management is collaborating and negotiation. All styles, even when negative, must be used in different situations.

Stress: Having some amount of stress is good because it motivates us to get things done. Too much stress, decrease performances. It has to be a medium amount of stress for best performance

Reflection

a. If you were magically given the start-up funds, would you feel ready to go?

b. What are you most confident in? What have we done in the class to give you this confidence?

c. What do you feel under-prepared for? What are the gaps in our class activities? What could we do to better prepare you in this area?

Answer:

If I was fortunate enough to be magically given a start-up fund to build my business, I feel like I would be ready to rock and roll. The hardest part of any business is finding customers that are willing to invest in your products or services. I have a good clientele base already. I believe, I got the hardest part out of the way. Obviously, I need a lot more to actually make a good amount of profit in my business. Currently I have 16 consistent clients that I train every week. If I were to be able to double my committed clients by two, around 30 players a week, I would be able to make good profit with my business.

There is more to business than just having a solid clientele. You need to keep your customers happy to keep them returning and preventing them from other competitors. My idea of how to keep my clients returning to me, is to improve the quality of training with the funds that I have been magically given. By this, I mean including more data driven technology during my sessions. By doing so, I will be able to track their progress. Also incorporate cameras, where the athletes will be able to see instant repetition of the exercise they just executed. That way I am able to show them what they did correct and wrong. Also, I will partner up with sports psychologists, nutritionist, and strength and conditioning coach to offer my clients a well round service. In my business they will be able to work on all aspects of the game. That I am aware of, no other competitor does this.

What I am more confident on is my actual training sessions. I am able to create unique trainings that soccer players have never done before. Making it more entertaining for them and myself. I know that with me, my clients will see improvement on their skills after just a few sessions due to being very technical and detailed. I am also confident that I will be able to find a good quality staff that will work as a team to reach our goal and mission. The business will be run by my family. My mom will handle the accounting part of business. In that case, I am not worry about keeping track of numbers. What I have done in class to give me more confident in my business is actually the research I have done and the exercise I did about negotiating and communicating with others. I learned a lot about how to negotiate by role playing and by being mentored by you!

I feel underprepared for location of the facility. I still do not know where the location for my business should be. I have to do more research on that. Also, I am not aware of the licenses, insurance, and permissions I need to start my business. I do not know how I can make my logo and business name a trademark and copyrighted. I see a lot of different information online that I do not know which one right. A way that the class could help me with the questions I have, is by actually talking about it and explaining step by step how to start a business. For example, trademark your logo and business name, how to do it, register your business, how to apply for a business bank account, and how to fill your taxes for your business.

Module

1: Game plan for starting

a sport

and exercise

business

.

1.

Sport/Exercise business idea 1: What research led you to select this business concept?

2.

Sport/Exercise business idea 2: What research led you to select this business con

cept?

3.

Sport/Exercise business idea 3: What research led you to select this business concept?

An

swer

:

1.

After doing some research about sports careers and job I have come up with three

business concept that I would like to do further research on. First b

usiness idea, is to own

a private soccer training academy. The second business idea is to organize a soccer

tournament with the best youth team in the south Florida. The third business idea is to

create an app that allowed coaches and athlete to communicat

e, share drills, etc. The idea

will be to great a social media platform for soccer players, coaches, and fans.

Module 2: Game plan for Starting a Sport or Exercise B

usi

ness

.

Directions: Analyze your three business ideas. Which idea do you think has the most global

opportunity?

Why?

1.

Sport business idea

1

2.

Sport business idea 2

3.

Sport business idea 3

Which idea do you think has the most Ethical opportunity?

Why?

The key is for you to realize that you must analyze the semester

long activity of writing a

business or game plan.

Is there enough material to sup

port a secondary search of information?

Will you be able to find some comparable financial data?

Can you find some support on which of the three potential sport business ideas is most likely

able to be implemented after the course ends?

Answer:

Sport business idea 1

: Own a private soccer training academy and sport psychology private

practice.

Sport business idea 2

: Organize a soccer tournament with the best youth team in South Florida.

Module 1: Game plan for starting a sport and exercise business.

1. Sport/Exercise business idea 1: What research led you to select this business concept?

2. Sport/Exercise business idea 2: What research led you to select this business concept?

3. Sport/Exercise business idea 3: What research led you to select this business concept?

Answer:

1. After doing some research about sports careers and job I have come up with three

business concept that I would like to do further research on. First business idea, is to own

a private soccer training academy. The second business idea is to organize a soccer

tournament with the best youth team in the south Florida. The third business idea is to

create an app that allowed coaches and athlete to communicate, share drills, etc. The idea

will be to great a social media platform for soccer players, coaches, and fans.

Module 2: Game plan for Starting a Sport or Exercise Business.

Directions: Analyze your three business ideas. Which idea do you think has the most global

opportunity? Why?

1. Sport business idea 1

2. Sport business idea 2

3. Sport business idea 3

Which idea do you think has the most Ethical opportunity? Why?

The key is for you to realize that you must analyze the semester-long activity of writing a

business or game plan.

Is there enough material to support a secondary search of information?

Will you be able to find some comparable financial data?

Can you find some support on which of the three potential sport business ideas is most likely

able to be implemented after the course ends?

Answer:

Sport business idea 1: Own a private soccer training academy and sport psychology private

practice.

Sport business idea 2: Organize a soccer tournament with the best youth team in South Florida.

The post Game plan for starting a sport and exercise business. appeared first on Smart Essays.

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