In the ESPN 30 for 30 documentary, “Broke,” retired athletes were revisited after losing the millions of dollars they collected during their pro careers. The financial collapses were blamed on keeping too many friends and family on the payroll, poor investments and lack of overall investment diversification.
As with most things in life, there have been exceptions to the rule. Former Dallas Cowboys quarterback and Pro Football Hall of Famer Roger Staubach has multiplied his modest football earnings into estimated $600 million made from successful real estate and entrepreneurial ventures. Pro skateboarder Tony Hawk parlayed his championship career into a lucrative fashion line and video game empire worth more than $140 million.
Roger Staubach and Tony Hawk don’t have much in common at first glance, but one similarity that was key to their success, acclaimed coaches and peers in their corner pushing and supporting them as athletes and businessmen. Business coaches can help celebrities and other high-profile individuals learn and master the behaviors needed when running a successful business including communication skills, leadership techniques, team building, process improvement and how to measure what success looks like.
Staubach and Hawk realized their initial limitations as entrepreneurs and put their trust and investments in business experts who knew how to put together a strong team to start a new business and make that new venture successful. The business coach can also serve as a essential advisor in maintaining a firm balance between living a life of luxury and keeping a sense of accountability intact.
If you are looking for independent, sound counseling in the business strategies that will help shape your future success, contact Stephanie Chung at info@stephaniechung.com. You have very little to lose and quite a lot to gain.
Stephanie Chung is a business coach, trainer and advisor backed by more than 25 years of executive team management, business development, and sales leadership experience. She counsels executives and small businesses in a diverse array of strategies and tactics and she is an expert in creating kick-butt salespeople