To be very sincere, I always love to see those big company names in sport T-shirts. It is always a big motivation to me. We should know what this means, of course it's collaboration and sponsorship. The key thing to note here is that this move opens up a big door to advertisements. Any business aiming for success knows the importance of having many eyes. I have really been dealing with the issue of advertising this year in my articles.
As an upcoming entrepreneur, I need to apply the needful strategy to surface. Success in business is also a two way action if I should say. What do I mean here? You need to impact people to in turn impact your business. It is people that tell others about your impacts and draw them closer.
I am working on how to start impacting the sport industry (at least locally for now). I just want our brand name to stand out so we can be able to drive the needed traffic we need even under a chaotic economic situation in the country. My plan was to arrange a sponsored sport activity by our company this year end. Seems a very good move, of course money will be involved to make this a fruition. This is something I will start working on early enough, maybe from August and manifest it in December, not bad.
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But wait! How about an early test run to see how far we can go? What am I saying here? My plan is to host a table tennis competition, this is something that I can at least control the crowd to see a successful hosting. Nevertheless, I am making another decision this morning. It is something I have been planning of but it seems it will no longer just be a plan, it will be executed and to be much better, a means to test run my December plans.
There happens to be a group of people within my area that love playing chess. It is not actually that they are jobless, no, they use it to while away their leisure times. Trust me, I have been taking my time to monitor each of them. I wouldn't spend my time and money on any set of lazy fellas. They often play it near my business premises and I want to give them a surprise package this Easter. It will be our first ever sport competition sponsorship and I am very excited about this.
I haven't told them yet nor have I even discussed it with my copartner. I know both parties will welcome this idea. I just wanted to first share it here to get some advice from pros who have been in the field of sponsoring a project before and perhaps anyone who would also love to sponsor my little moves. Particular, I await an advice from 
That said, the cost of running that tournament is very affordable, I will also be able to control the crowd (they are matured people). Also, it won't take me much time to conduct this tournament. Meaning, I could choose to be absent throughout the entire tournament (maybe show up in the opening and closing matches of the tournament to present their rewards.
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Talking of rewards, I am planning to give out a cash price to both the first and runner up. Of course cash prices won't be the same and also adding, the first position will go home with a branded T-shirt by us carrying our company name, logo and what we do (don't miss out in the advertising, it was one of the reasons we hosted the tournament).
I am working on making it a league game since they are not many so that all of them can face each other and the best two will automatically qualify for the finals. It should be a one week thing but the impact will be much. I know they will also tell some of their friends about it who will come out to watch them compete. This will be the first edition and of course I plan to make it a continuous event over the years depending on how impacting it will be to them and my business.
To conclude, let me add, I welcome all your ideas and contributions on how to see this tournament through. I am loving this moves and who knows, very soon, we may have to be transacting in Hive or LEO as our payment process. I know very well that these moves will attract many youths from which we can introduce them to web3 and Hive in particular. As I will always say, entrepreneurs will thrive Hive if we get the sponsorship and needed encouragement. Till then, I will be keeping you all updated.