Pro Athletes

PROFESSIONAL SPORTS TO BUSINESS OWNERSHIP – TRANSITION SUCCESSFULLY

At Franchise Group, we recognize that professional athletes are in a unique position with regards to producing income and building wealth – both during their athletic career as well as their post-sports career. Unlike most, professional athletes typically enjoy very high income, but only for a short amount of time. For example, it is estimated that 60 percent of NBA players are bankrupt within five years after retiring, and 78 percent of NFL players are in financial trouble after only two years of leaving the sport.* The specific reasons may vary, but one of the common problems is that athletes spend a lifetime honing a very particular skill-set in a specific sport, yet those skills do not always translate into a high paying corporate position when their athletic career ends, especially if prematurely due to age or injury. Unfortunately, many still need income to maintain their lifestyle, and/or create a wealth preservation strategy to avoid living off savings and diminishing their assets too early. Franchising provides professional athletes with a very attractive alternative career option. Through years in sports, athletes have developed many of the skills and discipline to become successful franchise owners. For example: *Sports Illustrated Magazine

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  Athletes have learned to follow a “play book” to be successful

  • Franchising is a system – a proven ‘playbook’ that when executed properly leads to predictable, successful results; just like in sports.
  • The franchisor’s well-developed systems allow you, the athlete/business owner, to duplicate success to own dozens or even hundreds of locations to achieve substantial income and wealth.
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  Athletes realize that “winning” requires hard work, discipline and commitment

  • Just like in sports, you did not wake up one day at the top of your game. It took years of hard work and discipline to become the best.
  • Franchising allows you to focus that same dedication and determination into a successful, lifelong career in business.
  • We will help you learn what it takes to be successful as a business owner, and when it makes sense to hire a professional with a different set of skills and experience to run the day-to-day operations and/or continue to help you grow your business.
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  Athletes are “coachable”

  • Although they may be supremely talented, even top athletes recognize the need for coaching and ongoing training to continue to improve their skills and go to the next level of success in their career.
  • Franchising provides a lifetime of training and support to deliver predictable results through a proven ‘playbook’ and the ability to enjoy higher levels of success by adding additional franchise units and receiving the training (coaching) to continually grow their personal skills and abilities.