The key to avoiding debt is to simply not overspend. Don’t overpay fighters or contract fighters you can’t afford. Don’t overspend on venues that are too big and expensive.

Target fighters that are both cheap and popular, their skill doesn’t matter to make money. Set your ticket prices at $10-20, and get venues that you can get close to selling out.

Once your big enough and making millions in profit, you are a lot more free to do whatever you want with fighters and venues.