How to Start a Tennis Instruction Business Opening a tennis instruction business is your ticket to owning a good, stable business if you do it right. This article contains tips and advice that demystifies what it takes to be successful.
Share via Email Former Davis Cup captain and leisure tycoon David Lloyd is on the prowl recruiting salesmen for his latest venture: You might think this is the maddest time for the Southend-born former tennis pro to sell the dream of owning a share in a luxury, sun-kissed resort.
After all, aren't the days when real estate made easy money over? The tanned multi-millionaire does not agree. For that, punters get a free holiday and a share of the increase in property values after 10 years.
Lloyd's 'fractional' scheme, he says, can even work as part of a self-invested personal pension plan. At 60, Lloyd senses he could be on to something. For two days the divorced businessman has been holed up at the OPP Live property trade show at the ExCel exhibition centre in east London - not the most glamorous location - doing what he does best: Lloyd is in his element.
He reckons the recession won't affect his new business. It's lifestyle we're selling. He owns the land in one scheme - Grenada - and has done deals with developers on the rest. But how does this differ from timeshare - the controversial overseas property schemes that caused controversy when agents applied huge pressure to get families to sign up to what on paper looked like cheaper holidays?
It's not even worth asking whether it is advisable to bolt on to resorts 'thirsty' golf courses in water-stressed regions. Lloyd is rich enough not to need to embark on this venture but, he says, what motivates him is turning 'nothing into something'. It certainly explains how he made his name in the business world bringing from the US the upmarket gym concept at affordable prices.
His David Lloyd centres became a public company with him at the helm before Whitbread bought them. He and his son, Scott, have subsequently bought the chain back. Lloyd has mixed with royalty and top politicians and counts Tony Blair as a tennis partner. But it has not all been plain sailing. One of his worst business episodes was when he bought Hull's rugby league club and the city's football team - then struggling in the old fourth division.
It was a disaster. It got to a stage in where Lloyd threatened to lock the football club out of its ground. His plan was to sell its stadium and build a new one together with the rugby league team.
The idea created huge animosity, only made worse by poor performances by both teams. And he feels vindicated that his original ground-share plan was enacted, albeit 10 years later. But the job he covets more than any is to head the Lawn Tennis Association.
Lloyd, who played a major part in making Tim Henman a world top 10 tennis player, has a famously frictional relationship with the gin-and-Jag brigade that runs British tennis.
The woeful underperformance of UK tennis seems to call out for a man of Lloyd's drive. But he will only take on the top job if he is given total control.Start your own business today and learn how being an entrepreneur provides job security, prosperity, and changing the world.
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