Blog
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.
How to manage with Ben Horowitz
Mr. Horowitz’s book, The Hard Thing About Hard Things, is available on Audible.com. Within this book are battlefield lessons on managing an organization during extremely turbulent market conditions.
Two sides of pain.
“There’s another side of pain. It’s called effort. It’s called glory. It’s called if you can find a way to push through pain there’s something greater on the other side of it. And if you never tap into it, it’s because the first time you felt it you backed off.”
Minute 6:44
Authentic self.
.@salesforce’s @tony_prophet makes the case that businesses benefit when their employees can be themselves at work.#MIGlobal #Equality pic.twitter.com/wavtG7Fg97
— Milken Institute (@MilkenInstitute) August 13, 2018
“Embrace it, change it, improve it, make your mark upon it.” Steve Jobs | Silicon Valley Historical Association
Own it.
Here's how this CEO worked her way to the top — despite not having a plan after college: https://t.co/v4ct0CDP2Y pic.twitter.com/Fg9vRDhowV
— CNBC Make It (@CNBCMakeIt) August 16, 2018
Hack Your Learning with Tim Ferriss
How underdogs can succeed with Malcolm Gladwell
How Phil Sanderson hacked an ultramarathon by thinking like an entrepreneur.
1. Have a great support team.
2. Have a malleable business plan.
3. Focus on KPIs (Key Performance Indicators).
4. Have fun with your BHAG (Big Harry Audacious Goal).
What is stagflation?
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