Be a world championship caliber player.
Coach.
Teach.
Write chess books.
Gives simuls.
How to make money by chess?
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Never always aim in money....money comes to u if u d serve it
FACT!
FACT!
Thank you for all the answers!
Work for a chess organization
tournament directing? (not sure if that makes money)
0
#8
FishEyedFools included writing. You don't even need to be good! As I was just getting back into chess, I looked on Amazon for a few beginner books. One of the books I bought (to my great regret) referenced pawns as ponds in a few locations. Clearly this author was in it for a quick buck. Hopefully, he won't make a lot of money . . .
MidnasLament also had a good suggestion, working for a chess organization; they must need all sorts of staff support. Probably not the idea you had in mind, but its a good one I wouldn't have thought of.
Possibly of interest:
https://www.chess.com/article/view/can-anyone-be-an-im-or-gm
http://www.cbsnews.com/news/kids-fight-stereotypes-using-chess-in-rural-mississippi/
https://www.chess.com/blog/smurfo/book-review-insanity-passion-and-addiction
http://www.nytimes.com/1988/09/26/books/books-of-the-times-when-the-child-chess-genius-becomes-the-pawn.html
https://www.forbes.com/sites/alexknapp/2017/05/05/making-a-living-in-chess-is-tough-but-the-internet-is-making-it-easier/#4284e4814850
https://www.chess.com/news/view/is-there-good-money-in-chess-1838
"... Many aspiring young chess players dream of one day becoming a grandmaster and a professional. ... But ... a profession must bring in at least a certain regular income even if one is not too demanding. ... The usual prize money in Open tournaments is meagre. ... The higher the prizes, the greater the competition. ... With a possibly not very high and irregular income for several decades the amount of money one can save for old age remains really modest. ... Anyone who wants to reach his maximum must concentrate totally on chess. That involves important compromises with or giving up on his education. ... it is a question of personal life planning and when deciding it is necessary to be fully conscious of the various possibilities, limitations and risks. ... a future professional must really love chess and ... be prepared to work very hard for it. ... It is all too frequent that a wrong evaluation is made of what a talented player can achieve. ... Most players have the potential for a certain level; once they have reached it they can only make further progress with a great effort. ... anyone who is unlikely to attain a high playing strength should on no account turn professional. ... Anyone who does not meet these top criteria can only try to earn his living with public appearances, chess publishing or activity as a trainer. But there is a lack of offers and these are not particularly well paid. For jobs which involve appearing in public, moreover, certain non-chess qualities are required. ... a relevant 'stage presence' and required sociability. ... All these jobs and existences, moreover, have hanging above them the sword of Damocles of general economic conditions. ... around [age] 40 chess players ... find that their performances are noticeably tailing off. ..." - from a 12 page chapter on becoming a chess professional in the book, Luther's Chess Reformation by GM Thomas Luther (2016)
http://www.qualitychess.co.uk/ebooks/LuthersChessReformation-excerpt.pdf
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Hello, everybody! How is it possible to make money by chess?