Episodit

  • Join Kris Benson and Alec Ogletree as they interview former NFL offensive tackle Winston Justice who opens up about his journey from an 8-year playing career to financial advising.

    Winston discusses lessons from his NFL days, entrepreneurial experiences starting a coffee shop, and feeling unprepared transitioning to finance. Winston also shares advice on relationships. Don’t miss his insights on serving clients as an advisor today on managing life after the game!

    Here are some power takeaways from today’s conversation:

    [02:53] The importance of being present - both in family and career

    [10:29] Pursuing off-field opportunities through entrepreneurship

    [12:37] Starting a coffee shop business with his brother-in-law while still playing

    [14:07] Lessons learned from his experience in venture capital investing

    [28:45] The sacred bond of trust in financial advising

    [31:37] Facing imposter syndrome in finance

    [34:51] Building community beyond the game

    Episode Highlights:

    [10:29] Pursuing Off-Field Opportunities Through Entrepreneurship

    Winston became interested in pursuing opportunities off the field due to the uncertainty of an NFL career. He shares how starting a coffee shop business with his brother-in-law while still playing gave him enjoyment in working with family. It also provided a learning experience in entrepreneurship, such as figuring out operations without prior knowledge. Winston then discusses his experience partnering with former NBA player Jamal Mashburn in a venture capital fund focused on healthcare and education. He learned that to truly add value as an investor, he needed experience operating a business to understand management teams beyond initial pitches. This experience informed his decision to later pursue public market investing.

    [28:45] The Sacred Bond of Trust in Financial Advising

    Winston gets that advising people on their money is deep. While folks talk freely about other stuff, finances are sensitive. Doesn't matter how much money someone's got - they stay guarded about it. He knows gaining clients' trust to help plan their future means really listening without judgment. Winston sees being a part of people's lives through this financial advising bond.

    [31:37] Facing Imposter Syndrome in Finance

    Winston reflects on feeling unprepared when he began his career in finance at Wells Fargo despite his accomplishments in football. He emphasizes feeling like an "imposter" when walking into rooms of highly educated professionals. However, he persisted because he knew what he wanted to do. Winston also emphasizes the importance of building relationships with teammates while playing to maintain community after retiring, when it can be harder due to life changes like family and location. Now as a financial advisor, Winston focuses on understanding his clients' goals and risk tolerance to create tailored portfolios.

    [34:51] Building Community Beyond the Game

    Winston understands the power of community both during and after an athletic career. Winston recognizes it can be difficult to recreate that same sense of belonging once sports are over. The business world doesn't provide the same built-in community that sports did. However, maintaining connections with former teammates and intentionally joining new communities, such as through his children's activities, has helped Winston feel less isolated in his post-playing life. He sees the importance of having a strong support system, especially when facing new challenges.

    Resources Mentioned:

    https://www.bernstein.com/our-team/locations/nashville/winston-justice.html

  • In this episode, Kris Benson and Alec Ogletree are joined by former MLB pitchers Edwin Jackson and Brandon Beachy where they dish out some major league advice.

    With over 20 seasons of playing ball between them, EJ and Beachy share their experiences transitioning to the business world of franchising after hanging up their cleats. They've got some great advice on evaluating opportunities as franchising pros.

    Tune in as they break down their transitions from baseball champs to owning franchises and consulting brands. You won't want to miss these players turning their game-winning skills into franchising success.

    Here are some power takeaways from today’s conversation:

    [03:46] - The power of networking

    [07:15] - Brandon’s career background

    [10:19] - Limiting beliefs around investing in franchise

    [20:08] - Mentorship, challenges in franchising, and the importance of asking for help

    [24:26] - Franchising and evaluating financial viability

    [29:46] - Evaluating franchise investments

    [37:21] - Mitigating risks and applying due diligence

    [41:34] - Franchising, brand selection, and relationship-building

    Episode Highlights:

    [03:46] The Power of Networking

    Despite not knowing each other, Edwin connected with Raining Berries founder Bimal Bhojani at a wealth summit, where they discussed their acai bowl concept, Raining Berries. Intrigued, Edwin saw potential in franchising the brand through his fund LCP Concessions. His chance encounter led to an unexpected partnership, showing how industry events foster valuable connections.

    [07:15] Brandon Beachy's Transition from Baseball to Business Ownership

    After retiring from baseball, Brandon Beachy sought the entrepreneurial freedom and control over his schedule that playing sports lacked. However, with no business experience, he found franchising provided a proven system. A friend introduced Brandon to a home insulation franchise, allowing him to apply his strong work ethic. He now owns a thriving insulation franchise while also consulting others on franchise opportunities through his company What's Next Franchising. Brandon proves how franchising can smoothly help athletes transition into their next career chapter.

    [10:19] Limiting Beliefs Around Investing in Franchise

    One common limiting belief that prevents people from getting more involved in franchising is a lack of knowledge or understanding about what opportunities exist. Not being familiar with franchising as an option can act as a hurdle. Some may feel they aren't knowledgeable enough or don't have the right background, so they don't even consider it as a path. A fear of the unknown or not being an "expert" deters many from exploring franchising further. A lack of education about the industry and the support available is often the core reason this belief becomes a barrier.

    [37:21] Doing Your Homework

    Due diligence is key when evaluating any franchise opportunity in order to fully understand the risks involved. Edwin and Brandon stressed the importance of thorough research, including speaking with multiple existing franchise owners to learn about their experiences. While established franchise systems may have worked out many kinks, there are still adjustments to be made as brands evolve. Both emphasized the need for prospective franchisees to be prepared for potential bumps in the road and ensure the business model fits their goals, demographic focus and risk tolerance. Diligent upfront analysis is vital to making an informed investment decision.

    Resources Mentioned:

    https://www.rainingberries.com/franchising

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  • Are you ready for an all-access pass into the high-stakes world of NFL player representation? This latest episode of Beyond the Game gives you a seat at the table with veteran agent David Canter.

    A 29-year NFL agent veteran, David has built superstar careers and negotiated contracts worth hundreds of millions. Listen in as he shares recruiting strategies and how agencies are courting prospects straight out of high school. David also opens up about the ups and downs of counseling clients through their NFL journeys and the importance he places on financial education and planning for life after football.

    From negotiating big contracts to counseling players on their finances, David has seen and done it all in his time in the league. Tune in to hear his best stories and most valuable advice!

    Here are some power takeaways from today’s conversation:

    [06:30] David's unconventional path to becoming an agent

    [15:00] Insider recruiting strategies for signing top prospects

    [26:00] Challenges of financial literacy for young NFL players

    [38:00] The importance of mentorship between veteran and rookie players

    [49:00] David's advice for maximizing NFL career earnings

    [1:01:00] Life after football and planning for long-term financial stability

    Episode Highlights:

    [15:00] The Evolving Landscape of Recruiting Top High School Prospects

    With new rules allowing players to hire agents straight out of high school, David has seen a shift in how agencies scout and woo young talent. He explains that it has become almost like a full-time job to stay on top of the newest up-and-coming stars. David details some of the new tactics being used, like following top recruits on social media from a young age and then traveling to all of their games and events. Agencies are also increasingly relying on recruiters in key areas to build local connections and influence. It's become a highly competitive process to sign the best young players even before they step on a college campus.

    [26:00] Challenges of Financial Literacy For Young NFL Players

    David recounts having to teach a veteran player how to write a check, despite being in the league for several years. Many players come into the NFL without ever having managed large sums of money. Simple tasks like paying bills and understanding tax documentation can be foreign concepts. While knowledge has increased over time, David still finds that financial education is needed throughout a player's career. He stresses that agents must make sure clients understand basic financial matters in order to set them up for long-term success beyond football.

    [49:00] David's Advice for Maximizing NFL Career Earnings

    Avoid distractions and live below your means. Treat every season like it's your last chance to cash in on their football skills. Immerse yourself fully in your training to stand out to teams. Negotiate smart contracts that provide security upfront rather than gambling on future earning potential. Finally, take care of your mental and physical health so you can have as long of a career as possible in the league.

    Resources Mentioned:

    Football GSE Worldwide

    Follow David on Instagram and X

  • After his NFL dreams were dashed by injury, former Purdue football star Joe Holland chose to channel his competitive spirit into building a thriving dental practice. In this episode, Joe opens up about his pivot from medicine to dentistry in pursuit of practice ownership and learning to lead employees with no business experience.

    Now the owner of multiple offices, Joe shares his story of turning adversity into success through strategic marketing moves worthy of a game day playbook. Learn from how Joe's grit and determination helped him overcome obstacles to build his own "dental dynasty."

    Here are some power takeaways from today’s conversation:

    [00:41] Joe’s road to football and dentistry

    [15:22] Leveraging athletic career for professional success

    [21:59] How athletic background can lead to business success

    [25:27] Why dentists make attractive lenders

    [26:44] Buying a dental practice and transitioning ownership

    [31:15] Buying and selling dental practices and competition from private equity

    [45:44] Leadership and management in a dental practice

    [56:17] Dentistry, growth, and future plans

    [58:21] Financial literacy and investment principles for former NFL players

    Episode Highlights:

    [21:59] How Athletic Background Can Lead to Business Success

    Joe believes his athletic background helped set him up for business success. Playing college and pro football built his resilience, work ethic, and confidence. Being voted captain his senior year taught leadership skills. Sports fostered determination and competitiveness, giving him the mindset to take risks like purchasing a dental practice. His athletic experiences developed qualities that translated well to his post-football professional career.

    [25:27] Why Dentists Make Attractive Lenders

    Joe leveraged one aspect of being a dentist to his advantage when purchasing his first dental practice - he realized that dentists make very attractive lenders. As a low-risk profession with stable incomes, dentists have low default rates on loans. Joe was able to use this knowledge of how appealing dentists are to lenders in order to secure financing for his practice purchase, recognizing it as one of the benefits of entering this particular career field.

    [26:44] Buying a Dental Practice and Transitioning Ownership

    Joe took an unconventional approach to buying his first dental practice: sending notes to elderly patients resembling retired players. This connected him with a selling dentist. However, the shortened transition period caused patient confusion, as Joe realized he needed longer overlap to smoothly hand over the established but declining business. It was a valuable learning experience for effectively transitioning practice ownership.

    [45:44] Leadership and Management in a Dental Practice

    Joe realized he overestimated how his leadership skills from football would directly apply to managing a dental practice team. He learned it was important to get to know employees personally outside of work to understand their individual communication preferences and learning styles. Only then could Joe tailor his leadership approach and set clear expectations to effectively motivate each person. Developing personal relationships with staff helped Joe build cohesion and improved his ability to lead the team towards shared goals.

  • Get your game plan from a true Beyond the Game master!

    Today, Kris Benson and Alec Ogletree sit down with former NFL star Cliff Avril to discuss his journey from football to real estate investing. Over the course of his career, Cliff learned valuable lessons about financial literacy, accountability, and team building - skills he now applies to growing his real estate business.

    Tune in to hear Cliff share lessons from the gridiron and insights into his multifamily and luxury spec home ventures.

    Here are some power takeaways from today’s conversation:

    [02:35] Excuses are monuments of nothingness.

    [08:42] The importance of financial literacy

    [16:22] Translating your lessons and skills from football to business

    [19:17] Paying for convenience

    [28:50] Networking, ego, and time management for athletes and entrepreneurs

    [36:05] Cliff’s real estate journey

    [39:48] Understanding value add real estate investing

    [44:35] Cliff’s business structure and diving into the luxury market

    [51:41] Cliff Avril Family Foundation

    Episode Highlights:

    [02:37] Beyond Excuses: Achieving Success By Taking Accountability

    Cliff lives by the quote: “Excuses are monuments of nothingness.” Those who specialize in them rarely amount to anything. People who rely on excuses to justify their shortcomings or lack of achievement will struggle to accomplish meaningful goals or have lasting success. The quote serves as a reminder to avoid complacency and instead focus our energy on finding solutions rather than making excuses.

    [08:42] The Importance of Financial Literacy

    When Cliff received his first signing bonus, he was surprised to learn through a conversation with his agent that most of the money went to taxes, a concept he had never been taught. This wake-up call drove Cliff's passion for educating himself and others on financial principles. He now ensures his own children understand these lessons from a young age to avoid the same surprises. Cliff's journey highlights just how critical financial literacy is, especially for athletes receiving large salaries.

    [39:48] Understanding Value Add Real Estate Investing

    Value add real estate investing is a strategy that focuses on renovating or redeveloping properties in order to increase their value beyond typical market appreciation. Cliff employs this tactic in his real estate business. He looks for distressed properties that he can purchase at a discount, and then completely renovates or rehabs the building to modern, higher-end specifications. This "forces'' appreciation in the property immediately through the renovation work. It allows him to buy a property for one price, put additional money into improvements, and sell or hold it at a much higher value once the project is complete. This value add approach generates outsized returns for Cliff compared to simply buying and holding properties for long-term appreciation.

    Resources Mentioned:

    Cliff Avril Family Foundation

    Rich Dad Poor Dad by Robert Kiyosaki

    Integrity By Dr. Henry Cloud

  • From the pitcher's mound to the boardroom - don't miss Brandon Beachy's story of resilience and reinvention on this latest episode!

    Kris Benson and Alec Ogletree sit down with former MLB pitcher Brandon Beachy to discuss his journey from professional baseball to franchise business owner. After nearly a decade at baseball's highest level, multiple injuries forced this former MLB pitcher to face the hard truth that his playing days were over. But Brandon was just getting warmed up.

    Tune in to hear how he took the grit and determination that led to success on the mound and channeled it into building a thriving franchise business from scratch. Brandon shares powerful lessons on overcoming adversity and reinventing your career even when the odds seem stacked against you.

    Here are some power takeaways from today’s conversation:

    [03:00] Transferable skills from baseball to business

    [11:54] Brandon’s career background

    [20:00] Lessons from Chipper Jones

    [30:56] Brandon’s injury experience

    [37:03] How he got into a franchising business

    [46:50] Business growth and scaling

    [47:20] Learning how wealthy people leverage debt

    [54:20] Finding the right business

    Episode Highlights:

    [03:00] Transferable Skills from the Ballfield to the Boardroom

    Brandon talks about how baseball taught him to be resilient in the face of failure, as even the best hitters fail more often than not. Dealing with injuries and setbacks also helped build his determination to keep working hard no matter the obstacles. Other skills like self-motivation, leadership abilities and teamwork mentality were all attributes that served him well in running a successful franchise business. According to Brandon, these "intangible" traits learned from sports ended up being extremely applicable in the entrepreneurial world.

    [20:00] Lessons From Chipper Jones

    Chipper Jones helped Brandon realize that as a pitcher, he didn't need to be perfect against every hitter, but there were one or two in each lineup that had the ability to truly anticipate his pitches based on how he was pitching others. Chipper taught Brandon that there were hitters who were studying him and could see what he was doing to other batters in order to get ahead. This insight changed Brandon's approach and mindset on the mound.

    [54:20] Working Backwards: Brandon's Methodology for Finding the Right Business Fit

    Brandon discusses the methodology he uses in his franchise consulting work. He emphasizes the importance of focusing first on a client's goals, motivations and desired lifestyle or end destination, rather than jumping straight into exploring specific business concepts. By working backwards from where they want to be, he can better find an opportunity that truly "fits" what the client is looking for in both the short and long-term. This intentional approach allows the business to complement their lifestyle vision, rather than forcing the client's priorities to conform to whatever opportunity comes first.

    Resources Mentioned:

    www.whatsnextfranchising.com

  • Dig this: A Sports Illustrated article reported that 78% of NFL players become broke within 3 years of exiting the league. In today’s episode, Kris Benson and Alec Ogletree sit down with former MLB pitcher Jacob Turner, who shares his playbook for financial mastery.

    Jacob's nine-year MLB career across the majors has given him a wealth of experience to draw from. Today, Jacob discusses financial lessons learned from his professional sports career and how athletes can build a foundation for long-term financial success.

    Here are some power takeaways from today’s conversation:

    [01:34] The danger of costly habits

    [07:24] The business side of professional sports

    [10:11] The differences in contract guarantees between NFL and MLB

    [17:01] The idea of delayed gratification in investing

    [22:54] Lessons from Jacob’s early investment decisions

    [24:26] Financial management for athletes

    [31:28] Tools for financial visibility

    [38:53] How Moment Private Wealth helps professional athletes and entrepreneurs

    Episode Highlights:

    [01:34] Habits That Lead to Financial Trouble

    Immediately upgrading lifestyles without restraint allows costs to compound over time. Additionally, pressures to keep up appearances by flaunting wealth encourage overspending beyond means. Perhaps most importantly, athletes often do not understand the unpredictable nature of sports careers and do not build a strong financial foundation that can sustain their lifestyle long after playing days are over. Without curbing spending and preparing for what's ahead, costly habits can lead athletes astray financially.

    [17:01] The Idea of Delayed Gratification in Investing

    Delayed gratification means forgoing instant pleasure for future benefit. In investing, it requires discipline to commit funds long-term through volatility as compound returns accrue. While easy to chase short-term gains, delaying gratification with consistent, long-term investing is crucial to building wealth over decades. Jacob stressed the value of having a mindset that embraces delayed gratification, being willing to make moves today that may not pay off for 5, 10 or more years into the future when the rewards can be substantial.

    [24:26] Financial Management for Athletes

    Taxes represent athletes' largest lifetime expense, so it's crucial to take advantage of tax planning strategies when first earning money in order to maximize how much can be kept. Specialized knowledge in this area can go a long way. General financial advice is often not tailored enough for unique situations like professional athletes. Finding advisors specialized in the sports industry leads to much better outcomes. Their expertise addresses complexities generalists may overlook, and it allows athletes to make optimal financial decisions for their circumstances

    Resources Mentioned:

    Moment Private Wealth

    Follow Jacob on X, Instagram, and LinkedIn

    Rebellious CEO by Ralph Nader

    Monarch Money

    Quicken

    QuickBooks

  • With over a decade of NFL experience, Alec is uniquely positioned to understand the mental, physical, and financial challenges faced by professional athletes. Kris, with his experience in the world of private equity real estate has a bunch to offer! In this special reflection episode of Beyond the Game, they re-examine pivotal moments from past episodes to extract the most impactful takeaways around managing money, avoiding bad investments, navigating career transitions,, and reinventing oneself throughout different stages of life.

    Here are some power takeaways from today’s conversation:

    [02:25] Understanding your burn rate

    [06:22] Rethinking wealth beyond dollars and cents

    [07:42] The ego of the athlete

    [11:29] The power of intention

    [13:46] Finding the right mentors

    [18:01] Starting early for long-term success

    [21:53] Believe in yourself

    [31:29] Personal growth and reinvention over the next decades

    Episode Highlights:

    [02:25] Understanding Your Burn Rate

    Properly understanding expenses is pivotal for athletes to make informed financial decisions both during and after their careers. Calculate your true "burn rate" to determine what level of returns you need to achieve financial freedom. Alec relates this to his own experience of wanting to remain debt free as a player so he didn't take on unnecessary overhead.

    [06:22] A Tool for Freedom: Rethinking Wealth Beyond Dollars and Cents

    While some athletes earn millions each year, Kris points out that at the end of the day, it's all just numbers - the principles of financial management are the same whether you're making 20 mil or 20 grand. The rue goal of getting your money right isn't the cash itself, but rather the freedom it can provide. If managed properly, wealth is really about gaining independence, opportunities and quality of life through smart planning today with an eye on long-term freedom.

    [11:29] The Power of Intention

    Athletes must be intentional about creating long-term wealth, whether that means hiring advisors, building a strong support team, or continuously educating themselves. Kris highlights how most guests, even those with financial backgrounds, were initially in the same position of having little knowledge after being drafted. But through proactively seeking guidance and information, they were able to achieve stability and fulfill their goals of financial freedom.

    [21:53] Believe in Yourself

    Especially in the cut-throat world of professional sports, an athlete has to maintain an extremely high level of belief in themselves at all times. Alec explains that without a rock-solid internal conviction of your own abilities, it's impossible for others to believe in you either. Coaches, teams, and fans will just expect you to fail if you don't unequivocally believe in your talent and work ethic. By always keeping confidence in your skills and work ethic at an all-time high, you give yourself the fighting chance to achieve your goals even when facing setbacks, criticism or doubts from the outside world.

  • This week, Kris Benson and Alec Ogletree chat with former Cincinnati Bengals offensive lineman Clint Boling to share his journey from the NFL to a career in insurance. Over an eight-year career spent entirely with the Bengals, Clint learned valuable lessons about financial planning, investing, and creating opportunities for his post-football life. Tune in as he discusses his process of networking while playing, advice he'd give his younger self, and how he currently applies his business knowledge working in the insurance industry.

    Here are some power takeaways from today’s conversation:

    [01:21] Choosing majors and career paths in college

    [10:56] Athletic training and work ethic

    [15:12] NFL draft experience, financial planning, and taxes

    [22:26] Lessons learned about taxes, spending, and living within his means

    [26:03] Financial freedom and finding your purpose

    [31:37] Common financial struggles and habits among NFL players

    [38:46] Retirement, career change, and insurance work

    [45:35] The importance of building relationships on and off the field

    Episode Highlights:

    [22:26] Financial Lessons from an NFL Career

    Clint shares some of the biggest financial lessons he learned during his time playing in the NFL. He talks about being surprised by how much was taken out of his paychecks for taxes when he first started playing. This taught him the reality of tax obligations. He also discusses seeing teammates make extravagant purchases like luxury cars that they would sell soon after, realizing they didn't truly have the means to maintain that lifestyle. Overall, Clint stresses the importance of living within your means, even making a high NFL salary so that your money lasts beyond your playing days. These experiences helped shape his philosophy around responsible spending and financial planning.

    [26:03] The Power of Choice and Purpose

    Clint achieved financial independence through smart planning and investing during his playing days. This freedom allowed him to pursue new opportunities because he wanted to, not out of necessity. He referenced the difference between "want to" versus "have to" work. He also stressed finding purpose each day, whether through career goals or examples set for family. Simply showing up to a job is not enough - true fulfillment comes from channeling efforts into meaningful accomplishments.

    [31:37] Common Financial Struggles And Habits Among NFL Players

    Some common financial pitfalls Clint observed among NFL players included making extravagant purchases like luxury cars that couldn't be sustained long-term. They continue an unsustainable lavish lifestyle after retiring when income has already decreased substantially. They also fail to have a concrete financial plan for managing earnings, while taking on too much risk early in careers rather than more conservative investing. Failure to adjust spending habits or prioritize financial education when NFL salaries ceased can lead some to mismanage earnings.

    [45:35] The Power of Building Relationships – On and Off the Field

    Building strong relationships is crucial both during and after a career in professional sports. You're not playing football forever. At some point in time, you're going to need another job. So how do they view you as a person and not a football player? So when you’re at any event, talk to the person regardless of what they do. Engage those people and talk with those people. Build those relationships because at the end of the day, you don't know who's going to be able to help you down the road.

    Resources Mentioned:

    Outliers by Malcom Gladwell

    Redding Private Client

  • In this episode, Alec Ogletree and Kris Benson chat with Craig Brown, a partner at NKSFB, one of the largest business management firms in the world. They discuss important topics like understanding cash flow vs cash burn, investing for the long term, and more. You don't have to be an athlete to benefit either - the wisdom applies to anyone!

    Craig is a Partner and Co-Head of the Sports Business Division at NKSFB, the largest business management firm in the country. Craig oversees a team of world-class business professionals who act as the CFO and family office for almost 100 MLB, NBA, and NFL top-athletes and retired pros.

    Here are some power takeaways from today’s conversation:

    [07:10] NFL careers, longevity, and post-playing life

    [11:35] Craig’s baseball career and getting bitten by the financial bug

    [17:32] Career transition and financial planning

    [36:33] Core advisor vs. vendor

    [48:56] Education is a journey not a destination

    [53:30] Cash flow vs. cash burn

    [54:58] Risk vs. return

    [1:06:22] An example of conservative safe investment

    [1:13:26] Promoting financial literacy to young athletes

    Episode Highlights:

    [36:33] Core Advisor vs. Vendor

    A core advisor is someone who gets paid regardless of whether the client takes their advice or not. Their responsibility is to provide impartial guidance and recommendations to the client. A vendor, on the other hand, only gets paid if the client acts upon their advice, such as by investing money with them. There is a conflict of interest, as the vendor benefits financially by convincing the client to choose their products or services. Craig emphasizes it's important for clients, especially athletes, to understand whether someone is a core advisor or a vendor. This will help them evaluate the impartiality of any advice or recommendations they receive.

    [53:30] Cash Flow vs. Cash Burn

    Cash flow refers to the money that is regularly coming in, such as from investments, rental properties, business income, etc. It's the money that is generated without having to sell an asset. Cash burn refers to the money that is regularly going out, such as living expenses, mortgage payments, car payments, etc. It's how much money someone needs each month/year to support their lifestyle.

    Craig emphasizes the importance of understanding an individual's cash flow versus their cash burn. Their investments and income sources need to generate enough cash flow to cover their monthly/annual cash burn. If cash burn exceeds cash flow, lifestyle expenses will eventually exceed assets over time unless spending is reduced or additional income sources are found. Proper cash flow management is key to long-term financial stability and independence.

    [54:58] Risk vs. Return

    Craig advises clients to determine the level of return needed to support their desired lifestyle and long-term goals. This return target should then dictate what level of risk is appropriate and reasonable for different asset classes or investments. Investors should have a realistic understanding of normal market behavior so they are not susceptible to seemingly "too good to be true" opportunities. Proper consideration of risk tolerance and risk/return expectations provides a framework for making prudent long-term investment decisions.

    Resources Mentioned:

    NKSFB

  • In this episode of Beyond the Game, Kris Benson and Alec Ogletree dive into a wide-ranging conversation with 11-year NBA veteran Anthony Tolliver about his journey to the NBA, managing expectations both on and off the court, and the financial strategies he employed during his playing career and beyond.

    Here are some power takeaways from today’s conversation:

    [02:00] Dedication to basketball and daily practice

    [07:58] The impact of expectations on performance and personal growth

    [16:00] From small-town Missouri to the NBA

    [25:00] Developing a daily routine of improvement

    [31:00] Investing in real estate early and often

    [46:00] Choosing cash flow investments over traditional returns

    [1:00:30] Learning valuable lessons from setbacks and mistakes

    [1:12:00] Finding fulfillment through philanthropic work

    Episode Highlights:

    [07:58] The Impact of Expectations on Performance and Personal Growth

    Anthony had intuitively developed this growth mentality from a very young age. He discussed always thinking ahead towards his future goals and recognizing the importance of small, daily efforts to steadily progress over time towards his dream of making the NBA through a process of self-directed learning and ownership of his development. From a young age, Anthony developed a daily routine of getting his shots up and working on his game for 20 minutes each day. He shares how this consistent practice built up over time through the 10,000 hour rule and helped him improve his skills.

    [31:00] Investing in Real Estate and Maximizing Investment Returns

    Anthony got started in real estate right after college with his first investment property and he has invested in some private businesses and deals over the years, including a highly successful currency trading portfolio. In recent years, he has shifted his investment focus more towards cash flow generating deals and opportunities that provide monthly or quarterly returns. Some of his alternative investments, like his highly successful currency trading portfolio, have significantly outperformed his traditional stock market investments in terms of returns. Anthony actively seeks out opportunities outside more conventional avenues in order to generate higher returns for his portfolio. It's an example of how he thinks unconventionally when it comes to maximizing his investment returns.

    [1:00:30] Learning Valuable Lessons from Setbacks and MistakesAnthony shares the hardest financial lesson of his career when an investment in a friend's business went sour. As a result, he learned to improve on due diligence and bringing in outside help to manage opportunities going forward.

    [1:12:00] Finding Fulfillment through Philanthropic Work Anthony shares his involvement with the nonprofit organization World Serve International, where he is a board co-chair. Doing mission trips to Africa with his wife, Anthony stresses the importance of having a cause greater than himself to contribute to through initiatives focused on clean water, education, and community empowerment.

    Resources Mentioned:

    Anthony Tolliver's Twitter: https://twitter.com/ATolliver44

    Creighton University basketball: https://gocreighton.com/sports/mens-basketball

    World Serve International nonprofit: https://www.worldserve.org/

  • Kris Benson and Alec Ogletree welcome former NFL linebacker Rennie Curran this week. After a standout college career at the University of Georgia where he led the SEC in tackles, Rennie's NFL journey was anything but easy as he faced constant doubts about his size and struggled to stick with teams. However, through it all, he found the motivation to focus on his transition during his playing career and set himself up for success beyond the game.

    Here are some power takeaways from today’s conversation:

    [00:38] - Leading the SEC in tackling his junior year at UGA

    [10:07] - Training with former NFL players to earn a starting role at UGA

    [11:58] - Overcoming doubt by becoming undeniable

    [13:23] - Operating in faith, not circumstances

    [24:47] - Handling finances as an athlete

    [30:28] - Carrying the weight of being the “first generation” to make it big

    [34:50] - Financial management and saying no to requests

    [47:00] - Finding yourself in times of transition

    Episode Highlights:

    [11:58] Overcoming Doubt by Becoming Undeniable

    Rennie details the constant doubts he faced about his size throughout his career and how he was continually told he was "too short" to play linebacker. However, he found motivation in proving people wrong and leaving it all on the field whenever he stepped onto the field. While people questioned the coaches' decision to offer him a role due to his size, Rennie made himself "undeniable" through his elite effort and production on the field. His relentless work ethic and refusal to be deterred by doubts allowed him to earn significant playing time and go on to have an All-American career at UGA.

    [13:23] Operating in Faith, Not Circumstances

    Rennie explains that operating in faith meant performing at the level of his vision and goals, not where his current situation may be. By operating according to his vision and ambitions rather than letting doubts or circumstances discourage him, he was always prepared to seize opportunities when they arose. His relentless work ethic and belief in himself despite obstacles set him up for great success despite constant questions about his physical tools.

    [17:09] Harnessing Athletic Resilience for Entrepreneurial Success

    Reflecting on his athletic past, Rennie acknowledges the ingrained traits of dedication, discipline, and delayed gratification that have shaped him. His sports career didn't always yield immediate rewards, yet it fostered resilience and perseverance that he now channels into his entrepreneurial journey. He advocates for athletes to pinpoint their key strengths from their sporting days and integrate them into their present endeavors, a practice that aids in preserving their core identity post their athletic careers. Rennie's transition from an athlete to an entrepreneur underscores the profound understanding that the fruits of hard work, albeit unexpected at times, hold immense value.[47:00] Finding Yourself in Times of TransitionRennie equates life-altering events like losing a business or going through a divorce to being a 'free agent'. These periods of uncertainty and transition, he suggests, are opportunities for self-discovery and growth. Drawing from his own experiences, he advocates for resilience and adaptability, using challenges as catalysts for introspection and reinvention. Resources Mentioned:

    www.renniecurran.com

  • This week, Kris Benson and Alec Ogletree sit down with NFL legend Ronnie Brown to discuss his incredible journey from pioneering the "Wildcat" formation in the league to reinventing himself as a financial advisor after retiring from football.

    Here are some power takeaways from today’s conversation:

    [00:00] Introduction

    [06:30] How the Wildcat offense originated for the Dolphins

    [12:15] Ronnie's draft experience, being selected 2nd overall by Miami

    [21:00] Challenges of managing finances as a young player with little guidance

    [31:09] The business of self

    [33:50] Transitioning to a new career path post-NFL without a traditional finance background

    [47:30] Ronnie's process of obtaining Series 7 and 66 licenses in a compressed timeline

    [59:15] Lessons learned around protecting assets and avoiding risky investments

    Episode Highlights:

    [18:51] Don’t Let Yourself Get Too Comfortable

    One of the most valuable lessons Ronnie learned both during his NFL career, and after, is the importance of not letting yourself get too comfortable. As a young player coming into big money for the first time, Ronnie was wary of settling into complacency. He shares how he avoided flashy purchases or extravagant lifestyles early on in order to stay hungry and focused on continuing to improve on the field.

    [28:32] Success Leaves Clues

    As a young player, Ronnie sought to identify veterans in the locker room who had achieved sustained success and model his habits and work ethic after them. Later in his transition to financial advising, Ronnie realized he needed to find mentors who had successfully navigated similar career changes and learn from their experiences. The insight and guidance he received from established advisors who welcomed him in, proved invaluable as he pursued his licenses and built his practice. Ronnie continues to pay this wisdom forward by mentoring both current and former athletes. He emphasizes how taking time to observe those who have achieved what you want is key to accelerating your own path to success. By studying the clues left behind, you can avoid unnecessary mistakes and position yourself for breakthroughs more quickly.

    [31:09] Becoming the CEO of Your Business

    Ronnie realized that as an NFL player, you essentially become the CEO of your own personal business, with all the responsibilities that entails. From managing your finances and brand partnerships to scheduling workouts and hiring advisors, athletes must quickly adopt an entrepreneurial mindset. Ronnie admits he wasn't prepared for this change as a young player. However, it drove him to educate himself more on topics like contract negotiations, sponsorship opportunities, and long-term career planning. He encourages current athletes to view themselves not just as employees of their team, but as CEOs who need to make strategic decisions to protect their assets and set themselves up for success beyond their playing days.

    [59:15] Lessons Learned Around Asset Preservation

    Ronnie emphasizes doing thorough research on any investment opportunities that come your way. As an athlete, it's easy to be targeted by shady individuals looking to profit off your fame and money. He also encourages diversifying assets across multiple stable sectors rather than putting all your eggs in one risky basket. Above all, Ronnie stresses patience and avoiding get-rich-quick schemes. His advice is to focus first on understanding how to grow wealth modestly over the long-term through low-fee index funds and real estate before venturing into more complex deals. Protecting the money you've earned is as important as earning it, according to the lessons Ronnie has learned.

    Resources Mentioned:

    Follow Ronnie on IG: @ronnie23brown

  • Kris Benson and Alec Ogletree sit down with former MLB pitcher Matt Capps for a candid conversation about transitioning to life after professional sports. Over the course of his seven-year MLB career, Matt played for the Pittsburgh Pirates, Minnesota Twins, and Cleveland Indians before retiring in 2016. In this episode, Matt shares lessons learned from his baseball career and discusses his new ventures in real estate development.

    Here are some power takeaways from today’s conversation:

    [00:00]

    [02:28] Baseball memories and childhood experiences

    [16:19] Baseball draft experience and signing bonus

    [19:36] Matt’s perception of money

    [22:51] Minor league baseball pay and contracts

    [28:44] Baseball career path and promotion to the majors

    [38:44] Baseball finances and pension planning

    [42:56] Follow the money

    [44:51] The power of leveraging relationships

    [54:14] The importance of doing due diligence

    [1:09:50] Business and personal growth after 40

    [1:15:36] Getting to know your financial plan even during the season

    [1:16:51] The power of ask

    Episode Highlights:

    [42:56] Follow the Money

    Matt discusses an important lesson he learned about following incentives when it comes to financial advice. He explains that early in his investing career, his financial advisor steered him away from real estate investments. However, looking back, Matt realizes that the advisor did not have expertise or ways to profit from real estate deals. So when the advisor discouraged real estate, it was actually because they couldn't directly benefit or collect fees from those types of investments. Matt came to understand that when a financial professional advises against an asset class they can't control or profit from, it may be due to misaligned incentives rather than objective financial guidance. This was an "aha" moment for Matt about following the money and incentives when receiving investment recommendations.

    [44:51] The Power of Leveraging Relationships

    Matt’s involvement in a large-scale real estate development project in Huntsville, Alabama came about through connecting with the right people in his network. He details how a chance meeting with a friend of a friend, who was an experienced developer, led to a partnership opportunity on a $62 million apartment complex project. This relationship allowed him to gain expertise from industry professionals while also participating in a major deal. Even small initial interactions, like agreeing to have a casual lunch, may ultimately result in high-impact collaborations and opportunities if you make the effort to nurture your relationships over time.

    [54:14] The Importance of Doing Due Diligence

    Matt discusses the importance of conducting due diligence even on smaller real estate deals. Buying his first medical office building with a partner, he notes that despite it being a relatively small investment, he still insisted on visiting the property in person to verify the details before committing funds. While his partners simply wanted to move forward based on the financials, he took the time to inspect the HVAC systems, talk to tenants, and ensure the asset matched the description. His extra diligence helped avoid any potential issues down the line. Taking the time for due diligence can help mitigate risks and give investors greater peace of mind, even on more modest real estate plays.

    Resources Mentioned:

    Reliant Real Estate Management

    Follow Matt Capps on X: @mattcapps55

  • Beyond The Game Wealth Mastery welcomes former NFL defensive lineman Dominique Easley as this week's guest. Over his five year NFL career, Dominique played for the New England Patriots and Los Angeles Rams, winning a Super Bowl in 2015. Since retiring from professional football, Dominique has dedicated his efforts to real estate investing. He currently owns rental properties in New York and partners with local contractors on house flipping projects in Atlanta.

    Today, Dominique is eager to share both the triumphs and tribulations from his NFL career, as well as the valuable financial lessons he has learned along his journey so far. Listen in to gain insight into his path of wealth creation – both on and off the football field.

    Here are some power takeaways from today’s conversation:

    [00:00] Introduction

    [07:54] High school football, recruitment, and college major choices

    [16:47] Overcoming knee injuries

    [18:24] An interest in farming

    [26:33] Sports career setbacks and financial decisions

    [30:26] From NFL stardom to real estate regrets

    [34:46} The importance of prioritizing mental health

    [47:25] Dominique’s real estate investments

    [51:17] Real estate investing and partnerships in Atlanta

    [55:42] Tips for finding the right partner to work with

    Episode Highlights:

    [26:33] Lessons from Early NFL Career

    Dominique got candid about some of the personal challenges he faced early on in his NFL career. He spoke openly about battling mental health issues as he adjusted to life in the league. This took a toll on him and affected his decision-making. Financially, Dominique shared that he did not properly manage his earnings or have the right guidance in place. One costly mistake was paying $100,000 for a vehicle, only to have it later stolen when he irresponsibly leased it out. Over time and through experience, Dominique learned crucial lessons about prioritizing his mental wellness and putting structures in place for his finances. He emphasized that finding mentors to advise him on these aspects of his life after football was instrumental in getting him on the right path.

    [34:46] The Importance of Prioritizing Mental Health

    Proper mental healthcare is crucial for athletes balancing intense physical demands, injuries, loneliness on the road, and the spotlight of fame/success. Left unaddressed, mental health issues can negatively impact decision-making, relationships, and physical health. Dominique's experience shows that seeking help is not a sign of weakness, but rather a sign of strength and commitment to long-term well-being. Mental health should be treated with the same importance as physical health for athletes. Having support systems and professionals to help navigate challenges can optimize careers and financial success, in addition to overall quality of life.

    [55:42] Tips for Finding the Right Partner

    When asked about advice for finding the right partners, Dominique emphasized the importance of trust. He said "If I can't leave you in my home with my children, I do not want to do business with you." He wants to make sure potential partners are people he feels completely comfortable and safe with. He also looks at a partner's work ethic and track record. For his real estate deals, he partners with people who have years of experience and have already successfully flipped dozens of homes. Doing due diligence on a partner's background and qualifications helps ensure they are reliable and competent to collaborate with on investments.

    Resources Mentioned:

    Book: Die With Zero

  • Discover how to leverage your time in sports to create opportunities for future growth and unlock your full potential. In this episode, Kris Benson and Alec Ogletree sit down with speed and agility coach Lily Abdelmalek to discuss her journey building her own training business, DSA Training.

    Lily shares how she got her start training some of the biggest names in football like Alec Ogletree and Takeo Spikes. She also opens up about the challenges of being a female entrepreneur in a male-dominated industry. Whether you're an aspiring athlete or embarking on a new career path, Lily's insights will inspire you to think bigger and master the art of wealth creation on and off the field.

    Here are some power takeaways from today’s conversation:

    [00:00] - Introduction

    [06:52] - Lily’s athletic training background

    [10:06] - Her career path in sports training

    [17:20] - How she started her own business

    [23:39] - Recognizing the growth cycle

    [33:04] - Managing a gym business with a focus on growth and real estate investment

    [35:59] - The power of versatility: Lily's journey in training athletes

    [45:40] - Gaining respect in a male-dominated field

    [53:36] - Athlete financial planning and retirement

    Episode Highlights:

    [08:13] Lily’s Career Path in Sports Training

    Lily's unconventional journey into sports training began with casual sports participation in her youth and a college education focused on physiology and kinesiology. An internship in Atlanta exposed her to the field and working with high-performing athletes. After training under Olympic coach Tony Villani, Lily decided to start her own business, DSA Training. Starting small, she gradually built her clientele through word-of-mouth and overcame the challenges of being a female entrepreneur. Today, she owns a 15,000 sq. ft. facility and leads a team that serves hundreds of athletes each season.

    [23:39] Recognizing the Growth Cycle

    In her fourth year in her current space, Lily reflects on her journey and acknowledges the lessons learned along the way. Hindsight has shown her areas where she would have made different choices, but she understands that these experiences have provided valuable knowledge for the future. She recognizes that this cycle of growth and learning will continue as she continues to push forward in her pursuit of success in sports training.

    [35:59] The Power of Versatility: Lily's Journey in Training Athletes

    Lily's experience in the sports training business has taught her the importance of versatility. Instead of focusing solely on one specific area, like speed and agility for receivers, she has tapped into a broader market. By working with athletes across different sports, from baseball to football to soccer, she ensures a steady stream of clients throughout the year. This flexibility not only allows her to cater to a wider range of athletes but also provides financial stability. While specializing in one area may seem appealing, Lily understands the need to broaden horizons and adapt to different athletic needs. By doing so, she has been able to establish herself as a trusted trainer who can effectively train athletes from various disciplines.

    [54:29] Beyond the Field: Maximizing Football as a Resource in the Journey

    In Lily's experience, football has served as more than just a game. It has become a valuable resource that sets athletes up for their future endeavors. She emphasizes the importance of helping players understand this aspect, as many tend to get lost in the identity of being solely a football player. Lily reminds them that their football career will eventually come to an end, usually by the time they reach their late 30s or 40s. Instead, she encourages them to view football as a stepping stone, a vital part of their journey, but not the sole source of income.

    Resources Mentioned:

    www.dsa-training.com

    Instagram: @lilydsatraining

  • In this episode Kris Benson and Alec Ogletree chat with former NFL player turned real estate investor Mack Brown. Mack spent five years in the NFL, playing for the Washington Redskins and Oakland Raiders. After his NFL career, he pursued real estate investing by flipping houses. He has since gone back to school to earn his MBA and is now working towards his PhD in organizational management with a focus on leadership.

    Here are some power takeaways from today’s conversation:

    The importance of growth mindsetThe value of financial educationInvesting in personal growthMack’s experience recovering from the injury

    Episode Highlights:

    [13:52] The Importance of a Growth Mindset

    Having a strong work ethic and mentality of always improving yourself is important for success both on and off the field. Mack discussed always working to better himself even when facing obstacles. Even when facing obstacles like injuries or not playing much in college, Mack maintained a relentless dedication to his training and development. He discussed how he would work out every day, even after games when his teammates were socializing, in order to prepare himself for opportunities in the NFL. This mentality of grinding through challenges and never being satisfied helped propel Mack to a five-year NFL career despite going undrafted. His willingness to always get better served him well beyond football too. When injuries ended his playing days, Mack applied this growth mindset to pivoting his career path and education. His story demonstrates that having a focus on self-improvement will help one overcome setbacks and achieve their goals both on and off the field.

    [31:00] The Value of Financial Education

    Having a financial plan and education is crucial, as the NFL money doesn't last long if not managed properly. Never be afraid to pivot to new opportunities and invest in further education. Mack didn't have financial literacy growing up and wishes he invested during his playing days. After injuries ended Mack's career, he pursued real estate investing and went back to school to set himself up for long term success.

    [52:31] Investing in Personal Growth

    While he has found success in flipping houses, Mack recognizes the importance of working for a top multifamily developer to truly master the industry. By taking a job, even if only for a few years, he can gain an "education on someone else's dime." Working with a leading multifamily company allows him to absorb best practices, forge valuable industry connections, and minimize risk before launching his own projects. Apprenticing under successful companies accelerates his learning curve, and Mack believes the opportunity costs are well worth it to ultimately pursue his own ventures with heightened expertise and confidence. His recommendation emphasizes the significance of continuous investment in personal growth, even after achieving initial success.

    Resources Mentioned:

    Shoe Dog

  • In this episode, Kris Benson and Alec Ogletree sit down with Kevin Minter, a nine-year NFL veteran who won a Super Bowl with the Tampa Bay Buccaneers. Kevin understands both the sacrifices of a professional athletic career and the importance of planning for life after sports.

    Kevin provides valuable lessons for professional athletes on building financial security. Through real estate flipping ventures gone wrong and conservative stock investments that left money on the table, Minter learned that aggressively yet intelligently pursuing alternative asset classes like private equity deals and syndicated real estate funds providing recurring cash flow are optimal for wealth generation over the long run compared to traditional savings and markets alone. His experience highlights the importance of proactively educating yourself on diverse investment vehicles and having advisors who can help unlock opportunities beyond conventional means.

    Here are some power takeaways from today’s conversation:

    College football, draft, and financial planningThe importance of hiring a financial advisor for NFL playersWhat he bought with his first checkKevin’s investment portfolio

    Episode Highlights:

    [15:30] The Importance of Hiring a Financial Advisor for NFL Players

    Quality financial guidance is important for helping players make informed investment decisions. Kevin wished he understood his finances earlier rather than just saving, and an advisor could have helped with this. His brother also provided crucial guidance that many players lack. He initially invested only in stocks and bonds through his advisor, rather than wealth-generating deals an advisor may have guided him towards earlier. An advisor can also help set up players for financial success after their career. Kevin wanted to retire on his terms given football's physical toll, but needed investments generating cash flow. NFL contracts have complex tax implications that are difficult to navigate without expert financial and tax advice. Financial advisors are invaluable partners for NFL players due to the outsized money management responsibilities during a brief career window.

    [32:34] Investing in The Joint Chiropractic

    One of Kevin Minter's early real estate investments involved becoming a regional developer for The Joint, a national chiropractic franchise, which allowed him to open multiple clinic locations across a region and generate passive income without direct operations involvement. As a low-overhead business with recurring subscription revenue and aided by Minter's celebrity endorsement, this chiropractic investment proved a more hands-off and lucrative opportunity than his previous property flipping ventures.

    [40:36] Kevin’s Investment Portfolio

    In the early stages of his real estate investing career, Kevin owned single-family rental homes in the Atlanta area which he would purchase and re-sell, however he found that being directly involved in contracting and property management was difficult and not very passive. This experience led him to realize that multifamily properties and syndicated real estate funds which involved larger portfolios of units across multiple properties provided a more hands-off investment model with greater income potential. His investment portfolio now includes syndicated real estate funds that own multifamily properties which provide steady cash flow from rental income, as well as dividend paying stocks and bonds for stability. This approach demonstrates his philosophy of making money work for him through diversified low-maintenance holdings that do not require direct management and can support his desired lifestyle even after retiring from football.

    Resources Mentioned:

    The Joint Chiropractic

    Rich Dad Poor Dad

  • What have you done to set yourself up for the future beyond the game? In this episode, we are joined by Andrew Adams, a seasoned NFL safety with 7 years of experience. Tune in as we delve into three key topics: Andrew's initial foray into real estate, the invaluable lessons he gleaned from his first NFL game check regarding taxes, and the amusing revelation of Alec Ogletree's golf "cheating" antics. Andrew generously imparts wisdom gained from his NFL journey, shedding light on the importance of financial preparation for life beyond football. Additionally, he shares insights into his investment strategy, highlighting his maiden venture into real estate with a collection of 5 duplexes.

    Here are some power takeaways from today’s conversation:

    Money mindset and values from childhood to adulthoodFinancial planning and advisor relationshipsNavigating the different stages of a career in professional sportsThe importance of executionRetirement planning and entrepreneurship in the NFL

    Episode Highlights:

    [05:58] Andrew’s Transition From the Field to Real Estate

    Despite not signing a massive contract, Andrew recognized early on the importance of preparing financially for life beyond football, inspired by his parents' responsible money habits. When he received his first NFL paycheck and saw the taxes deducted, it served as a wake-up call to plan for his financial future. Post-football, Andrew was determined to make his earnings work for him. He delved into real estate investment, acquiring his initial property - a collection of five duplexes in Tallahassee, Florida. Leveraging a mortgage and his brokerage account, Andrew secured this multi-unit investment and continues expanding his real estate portfolio today, ensuring long-term financial stability beyond his NFL career.

    [19:40] The Role of Financial Advisors

    Athletes may have some knowledge about money and the real estate market, but it's important to recognize their limits as real estate professionals. While they can offer insights and guidance, specific areas like real estate investing require expertise beyond their scope. This is where financial advisors come in. These professionals play a crucial role in bridging the knowledge gaps, providing valuable guidance and advice on various financial matters. From insurance plays to exploring opportunities for generating additional income, advisors help athletes make informed decisions and maximize their financial potential.

    [32:38] Navigating the Different Stages of a Career in Professional Sports

    In the world of professional sports, careers unfold in various stages. Young players focus on learning and establishing themselves, while experienced athletes strive to stay relevant and extend their time in the industry. Success in this highly competitive field demands wholehearted dedication, especially from young athletes. As players progress, they gain a deeper understanding of their profession, allowing them to explore personal interests like real estate during the offseason. However, once the season begins, their primary focus returns to football.

    [37:31] The Power of Execution

    Andrew stresses the significance of putting plans into action rather than merely discussing ideas. Success in both football and life requires consistent execution, not just knowledge or plans. In football, talent is widespread, but victory depends on executing on game day. Similarly, building wealth necessitates taking consistent action over time, even with a solid strategy. Andrew also emphasizes the value of learning from those who successfully execute their plans and surrounding oneself with supportive individuals for guidance and accountability. Long-term success stems from implementing plans consistently through daily and yearly actions.

    Resources Mentioned:

    Outliers by Malcolm Gladwell

  • While the average salary in the United States is less than $60,000 per year, even practice squad players in the NFL earn around $150,000 per year, well above the average income. Despite the seemingly large paychecks, it's crucial for players to prepare for life after sports, considering the short-lived nature of sports careers. In today's episode, former NFL linebacker Tyrell "TA" Adams discusses his journey of being cut from 14 teams over eight years, his entry into real estate investing, and his commitment to giving back through a foundation. TA emphasizes the importance of building relationships off the field, shares insights on creating passive income streams, and offers advice for fellow athletes.

    Here are some power takeaways from today’s conversation:

    Football career path and transition from safety to linebackerTA’s NFL draft experience and overcoming self-doubtFinancial management and avoiding bankruptcy in the NFLAbout the Tyrell Adams Foundation

    Episode Highlights:

    [05:04] Tyrell’s Football Career Path

    Tyrell had a unique career path in the NFL. Starting as a practice squad player and being cut from 14 different teams over 8 seasons, he faced the challenges of staying in the league. Despite going undrafted, he signed with the Seattle Seahawks but was ultimately released. He continued to persevere, moving between various teams and often returning to the practice squad. Tyrell's strong work ethic and determination kept him going through the instability. Even when he finally found stability and playing time with the Indianapolis Colts and New Orleans Saints later in his career, he knew the unpredictable nature of the NFL and understood the importance of preparing for life after football. These experiences shaped his mindset, emphasizing the need to seize opportunities both on and off the field.

    [18:45] Tyrell’s Journey into Real Estate Investing

    Driven by his desire for long-term financial stability, Tyrell connected with a college roommate already involved in real estate. He observed their first investment property deal and gained the confidence to join in. Starting with a residential property in Columbus, Georgia, Adams expanded his portfolio, eventually venturing into commercial buildings alongside his friend. Despite the progress in his football career, he remained dedicated to learning and gaining practical experience in real estate, establishing sustainable income beyond football. His initial investments have grown substantially, laying the groundwork for ongoing success in real estate and other ventures.

    [24:07] Avoiding Bankruptcy and Being Part of the Statistic

    Determined to avoid financial pitfalls in his NFL career, Tyrell Adams lived below his means, resisted temptations of luxury, and chose affordable accommodations during practice squads. He closely monitored spending, even amidst tight finances, investing in real estate deals. Surrounding himself with trusted advisors, Adams exemplifies financial discipline and long-term stability.

    [33:17] The Tyrell Adams Foundation

    The Tyrell Adams Foundation, established by Adams, aims to make a meaningful impact on his community. Focusing on mentorship programs for youth, Adams organizes events such as Thanksgiving and Christmas drives to inspire and motivate young men. He also takes groups of boys from his former high school and college to conferences with influential speakers. The foundation supports high school seniors with care packages for their dorm rooms, recognizing the challenges of transitioning to college. To sustain its work, Adams hosts an annual charity golf tournament. Through his own experiences, both on and off the field, Adams strives to provide guidance and inspiration to youth as they navigate life.

    Resources Mentioned:

    Tyrell Adams Foundation