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Professional athletes require unique financial planning due to the amount of compensation and timing of the earning career. Athletes, with their families, should create a financial plan that spans the playing career, transition to post-play career and long-term life goals.
Information for educational purposes only.
Create a budget and make adjustments.
NFL Players get paid their salaries over 17 weeks of the year. They need to make sure to budget for their off season living expenses.
Why a star linebacker took his high school car with him to the NFL: https://t.co/4ecvFt7Hdk pic.twitter.com/ULq2rR2fCd
— CNBC Make It (@CNBCMakeIt) August 8, 2018
Why do stock prices often drop after mergers and acquisition?
On mindset to swim around Great Britain in 100 days.
“You have to forget about everything else. Like I said, have that animalistic sort of approach…”
Positive thinking? ❌
Total numbness? ✅This is @AntMiddleton's advice for @RossEdgley on #GreatBritishSwim.
Watch in full: https://t.co/L3Smz72Xd9 pic.twitter.com/Wf8e0jujlj
— Red Bull UK (@RedBullUK) August 3, 2018
The Great Depression in the United States (1929 – 1941)
The Great Depression: Causes & Responses
Causes:
1) Overspeculation of Stocks
2) Wage Stagnation
3) Gold Standard
4) Banking Practices
President Hoover’s Responses
1) Increased Tariffs (Smoot-Hawley)
2) “Liquidate Everything”
Outcome: WWII
What does it take to be a successful comedian? Jerry Seinfeld
“You have to be kind of a ruthless person, in some form. A relentless, ruthless person. That cannot be taught. That is you can slap me, night after night after night, I’m going to keep coming back. And then…”
Wartime vs Peacetime CEO: Ben Horowitz (Min 18:25)
After reading Jim Collin’s books, read Mr. Horowitz’s book, The Hard Thing About Hard Things.
5 stages of an enterprise in decline: Jim Collins
Stage 1: Hubris born of success
Stage 2: Undisciplined pursuit of more
Stage 3: Denial of risk and peril
Stage 4: Grasping for salvation
Stage 5: Capitulation
Mr. Collins’ books
1) Built to Last (1994)
2) Good to Great (2001)
3) How the Mighty Fall (2009)
4) Great by Choice (2011)
On Gift: Malcolm Gladwell
Mr. Gladwell’s book, Outliers, is a must read and available on Audible.com.
The Great Strike of 1877: Railroads and Resistance with Cornell X
Put the hurt on.
?Some thoughts from the great @LSandersTri on putting the hurt on the other riders out on the Queen K
LISTEN to the full interview with Lionel on Babbittville Radio here: https://t.co/8sD0Qe47BO
And on itunes: https://t.co/hq0sarMdbx#TrainingTuesday pic.twitter.com/jSad302IrU— Bob Babbitt (@Bob_Babbitt) February 13, 2018
On Preparation
#ThursdayThoughts from Olympic gold medalist @AliBrownleetri on the London Olympics and getting to the start line prepared to do your best.
Listen to the full interview with Alistair:
Web: https://t.co/hWIQz38rsI
iTunes: https://t.co/hq0sarMdbx
Stitcher: https://t.co/A88jKWOtPp pic.twitter.com/QjNCObg8Iw— Bob Babbitt (@Bob_Babbitt) February 23, 2018
“How bad do you want it?”
The tables turned in 2000, when, as David tells us, he had to dig deeper than ever before to answer the question: How Bad Do You Want It?
Read more about David and Carlos here: https://t.co/RwGNn2NkPv
5/5@CAFoundation pic.twitter.com/r04UlW8BO4— Bob Babbitt (@Bob_Babbitt) July 20, 2018
“I feel like if you finish someone like that and you are automatically on that level.” Anthony Smith
Welcome to fight day❗️@DanHardyMMA sits down with @LionheartSmith ahead of his main event bout ➡️ https://t.co/7wnkvMxKf4 #UFCHamburg pic.twitter.com/BJWafU2nCu
— UFC (@ufc) July 22, 2018
“I am going to box again. See you don’t understand what kind of man I am.” Vinny Paz
The next time you feel like quitting, remember that @5XPAZ came back from a broken neck and fought again. pic.twitter.com/CXuzTYESPM
— Ross Enamait (@rosstraining) May 15, 2018
“But you just have to accept that things might go wrong. But when they do go wrong, make sure you’ve got a plan of action. Make sure that your men or your women know exactly what to fall back on. The foundations, the structure, the planning. And then you can reorganize, and re-attack.” Ant Middleton
A former British Special Forces operator told us the one characteristic every great leader should have pic.twitter.com/FG4eQSrWVt
— Business Insider (@businessinsider) July 26, 2018
“…and now I understand that all your life needs to be around only one focus, which is to be successful…” Jean-Eric Vergne
This is why Formula E champion @JeanEricVergne would never buy a car: https://t.co/1wVjq49XJs pic.twitter.com/7b6HMCqzEh
— CNBC Make It (@CNBCMakeIt) July 23, 2018
Tactical Breathing
Geopolitics: The Middle East
“In some ways suffering ceases to be suffering at the moment it finds a meaning, such as the meaning of a sacrifice.” Dr. Viktor E. Frankl, “Man’s Search for Meaning”
On Accountability and Trust: Brett Gleeson
BRETT GLEESON: 'Accountability is not just a top-down strategy' pic.twitter.com/FbaxFXfP7w
— Business Insider (@businessinsider) July 8, 2018