Saturday, December 02, 2006

PGA Professional Supplemental Income Opportunities

By Chip Enrunn
The PGA Professional Supplemental Income Opportunities are very important to all of the players. Eventually as in all sports someone comes along that is better than you and takes the main prize or you play until it is time to retire. No one wishes to retire from the business without some sort of supplemental income. Fortunately, for most professionals major companies think that using the Professionals name on their products enhances sales of the products they offer. For the PGA Professional this is a great supplemental income opportunities.
The PGA Professional supplemental income opportunities are great for retirement but many professionals need the supplemental income now in the present day. It is not easy being on the professional road and it can be very costly. Not everyone who plays wins prize money therefore the expenses are that of each individual player. Professional athletes need other income opportunities in order to maintain themselves until they become very successful. Some of the athletes not being knowledgeable in how to handle their winnings nor how to get endorsements that pay often hire an agent to help.
The agent usually advises an athlete with a marketable personality how to consider long-term income opportunities that fit his/her personality and the image he/she wants to project. This has been very effective for many athletes so much so that certain products are remembered by the athletes. The cereal company got the idea of using athletes to sell a lot more cereal called Wheaties by using only the athletes who are famous. It is said that some fans buy the cereal just to get the athletes pictures. When an athlete does select an agent it is advised that they check to see if the agent has represented other athletes with success. The agent should have a marketing plan suited for you and good skills in negotiating endorsements suited for you. The agent should be aware of the product be able to evaluate the quality. The agent is very vital in selecting PGA professional supplemental income opportunities. The agent is very aware that he will receive from 20%-25% of what you are getting as an athlete therefore he will work hard to promote you.
The best endorsements usually go to athletes in individual sports such as golf. The reason being they have a greater potential for a world-wide following. The clothing manufacturer and equipment companies are the best source for endorsements. Most athletes try to develop positive relations with the media and participate in community activities lay a foundation for continuing future endorsements as well as employment opportunities once their careers end. PGA professional supplemental income opportunities should not always hinge on the reputation of the Athlete alone. The Players association has information on degree-completion programs during the off season. It is very advisable for any athlete to finish his College as a degree can help him to go into a profession other than sports and he can still be a leading income earner.
PGA professional supplemental income opportunities arise sometimes in the oddest places but as an athlete you must be alert and seize upon this opportunity. Tiger Woods one of the golf world’s professionals was asked to represent a car manufacturer which has nothing to do with golf or golf equipment but received a very nice endorsement fee. Arnold Palmer now a retired golfer endorses the Hover Round Wheel Chair to help seniors get around much more comfortably and safer. Mr. Palmer it is said has also invested in the chair itself.
These two very qualified athletes were looking for another source of income. The PGA professional supplemental income opportunities may not always be as easy to access as one might think. Athletes who do not endorse products or don’t finish college often invest in their very own business. The common theory being that the athlete spends most of his time concentrating on the sport that he is best at in order to maintain his/her status. Practice, practice, practice, is the main theme leaving little time for family or friends. Some athletes do not like doing endorsements nor do they have the time for studies if they maintain their position in the sport of choice. That is why they may invest in the stock market or a business of their own.
Author - Chip Enrunn - Chip often writes for and with Golf Schools where there is far more information, news and resources. If that link is inactive, you can paste this link in your browser - golfing-schools.com
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