7 Tips For eSports Teams To Make Money At Tournaments
by Admin Joe
published – July 4th 2022
Creating and running a professional esports team for cash isn’t easy. Not only do you have to worry about attending venues like arenas and winning competitions, but you also need to be concerned about the money you are spending as business expenses and ensuring your team is working like the well-oiled machine you want it to be.
As far as this goes, I can guide you through some advice that might improve your existing team or may even help you create your own legitimate clan or guild from scratch if you are considering jumping into competitive esports gaming as a beginner.
1. Train hard to achieve goals & beat your rivals
When you’ve joined a team, training by yourself isn’t good enough. You will need to practice with your teammates to ensure you know how to work well together as a unit when it comes down to the crunch.
This might mean someone arranging scheduled training sessions that everyone can agree to show up for. Conflict and communication issues can spell disaster.
If you still don’t believe you’re at the right level then you should think about your education by studying some more. Many schools, colleges, and universities now offer video game-related courses and scholarships. This way a graduate can give their experience and qualifications a much-needed boost.
Reading is one of the best ways that you can learn about almost anything. You should definitely invest in books about esports and other ways to earn money from gaming. I would highly recommend getting your hands on this ebook in particular.
2. Get funding & monetize
Some big companies, sponsors, and investors pour their money into viable esports teams (allowing members to play to earn) in the hope of making a generous return on investment.
Your esports team can make real money if you can give investors a reason to show interest in your brand and pay you to play. You can do this by showing them that you can provide legit value and quality. This can be very rewarding but you also have the added pressure and stress of keeping investors happy in order to get paid.
You may also have access to tools such as government support and business grants depending on your country of residence.
3. Know your role at events
Each team member should have both a defined role (given to them by management) and also a specialty. For instance, each person might be particularly good at a certain video game genre or even a subgenre like FIFA. Think of it sort of like a swiss army knife with each component having its own unique function.
4. Beware of both determination & apathy on your journey
If you are thinking of forming an esports team as a serious career then it’s important during the recruitment process that each member has similar levels of commitment.
Be sure to get across that this is a bonafide business with the aim of making a living in your vacancies rather than a get-rich-quick scheme or something you’re just doing for fun. It likely won’t work if you have one person who is lazy and another who is extremely self-disciplined and ambitious.
5. Avoid giving special treatment
Esports teams should avoid singling out players based on popularity or fame and putting them on a pedestal above all else. Your other members may not feel as appreciated which can affect team morale. Not only this, if your “star player” decides to quit the team then you might lose part of your audience too due to their absence.
Conversely, you shouldn’t treat a member too harshly if they are going through a performance slump as this likely won’t be constructive nor help them improve.
6. Encourage unity, development, productivity & growth
Team members need to get along with each other so address any personality clashes in an appropriate way. This might mean sitting down for a discussion or (failing that) cutting players loose if their behavior is a major problem for the rest of the team.
7. Flip your professional esports team for money
Is there somebody who wants to buy my esports team near me? Rather than continue raking in a full-time salary, you might want to sell your business for a flat fee instead.
You can make money by building up an esports team from nothing, putting your brand up for sale, and then flipping it for a profit. This is nothing new as people employ this practice with other assets like houses and web domain names.
You may even want to sell your esports team because you believe that all the hard work isn’t worth any more. If you feel this way, then I have an idea you might like that will still allow you to make money gaming. Reward apps like mistplay let you earn cash by playing mobile games so maybe give this a go.
There are plenty of benefits and pitfalls that come with being part of an esports team. However, it can often be more advantageous to be in a group rather than going it alone in these big competitions.
Having the necessary capital and commitment from each member are both vital, but it’s also important that your team can get along well as a whole without any big personality conflicts. It’s crucial for members of an esports team to gel and also want more or less the same thing in terms of career progression and earning an income.
When bringing new people in, I would advise you to focus on variety in your positions rather than recruiting several people who are all just good at rocket league or call of duty, for instance.
Clearly, these are just a few nuggets of advice and techniques you can utilize. You can delve much deeper into the general operations of top esports teams as well as learn more tricks and hacks that will increase your earnings for the future by checking out How To Create & Run Your Own Successful eSports Team.
Can you think of any other tips that would be helpful to an esports team? How do you plan on bringing success to your esports team? Please don’t forget to share this with your friends and like it on social media. You can subscribe to our newsletter and comment below too. Thanks for reading!
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