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Role Models: Elon Musk
by Eric Boom Salvary – March 14th 2019
I once heard Hall of fame wide receiver Cris Carter break down the true meaning of an athlete’s wealth by explaining it as a bell curve. Most successful athletes get a bulk of their lifetime’s share of money at an early age, where as the average working person builds to get the bulk of what they have financially towards the end of their career while climbing that ladder to success.
So what do future or current pro-athletes need to do the secure the bag during and beyond their playing career? I reached out to a qualified expert, Terron Tidwell, who is a licensed wealth manager with Hudson Point Capital. He specializes in high net worth individuals in sports and entertainment. He broke down five tips that these future pros should know:
RESPECT.: Terron, what do you think these athlete need to understand before they go pro?
Terron: Athletes who are turning pro must understand that they are transitioning from just being an athlete, to now becoming a business. here are a few tips for an athlete:
If you like these tips, you can reach out to Terron via email or Instagram.
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