Having a career in sports is a blessing that only a few people get to experience. The life of a successful athlete is full of fame and they enjoy the admiration of the millions of fans from around the globe. Since athletes have influence over a large number of people so they often get the chance to sign high paying advertisement and sponsorship deals. During the playing days, the athletes earn a large amount of money and enjoy the lavish lifestyle. Expensive cars, beautiful homes are a common feature of any athlete’s life. But only few athletes realize that the careers as a sports star are short and they must plan the future wisely if they want to enjoy the same financial status throughout their life. Recently professional boxer Yahu Blackwell publicly pledged that unlike many athletes who don’t manage their resources wisely, he would invest his earnings intelligently and for the betterment of the society.
Sports industry is very profitable because it entertains people but for any sports star it is important to stay in the top physical condition as the competition for places is fierce. Since the human body is programmed to deteriorate over time, so despite all efforts, athletes usually can’t perform at professional level for more than 10 years and a younger and better challenger usually overthrows the dominance of an old and experienced athlete. Most athletes have about 10 years to make the money playing but after that it’s difficult to make the same amount. However during the sports career the players earn a lot of respect and admiration which can makes them perfect for brand marketing but as their career ends brands usually hire the current sport starts to market their services. Yahu Blackwell wisely said that his goal was to earn more outside of the ring than in it.
The iconic American cruise weight boxer has earned the admiration of millions through his superior boxing skills and now as his retirement is nearby, he his publicly advocating the importance of investing in franchise. Yahu Blackwell has already closed a franchise deal with the popular Rita’s Italian Ice. He has also invested heavily in stock market and is predominantly involved in creating a mobile gaming app. Yahu Blackwell’s excellent franchising strategy and general awareness about using the earnings wisely is a great model for younger athletes and they must adopt it for the betterment of their family and the society.
For additional information, visit: https://www.forbes.com/sites/darrenheitner/2017/10/22/15-0-ibl-pro-boxer-buys-into-ritas-italian-ice/