Following his failure to finish at the 2001 IAAF World Half Marathon Championships, Silva retired from professional running. He owns a successful company, Germán Silva Coaching, organizes races, and is the ambassador of the Texel Half Marathon in the Netherlands. He also continues to enjoy his daily runs, coaching all levels of runners, including Mexico's best marathoner Madai Perez (2:22:59) and 2010 Central American Games gold medallist in the 10,000 metres Juan Carlos Romero. Silva started participating in triathlons and Ironman events (Cozumel 2009 10:40:44). He participated in the Half Ironman of Buffalo Springs 2011 (4:53:53). He's also head coach athletics at La Loma, a high-altitude training center in San Luis Potosí and a successful businessman in Wellness International Network.