“Use my life as an example” – Nate Thurmond once encouraged aspiring professional athletes to get a GOOD EDUCATION”. – A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES}
I celebrate ACHIEVEMENT EVERY DAY! When I discover role models, I do not see skin color, age, religion, sex, attractiveness (ok, I like beautiful ladies), or other nonessentials. I love learning from inspirational people that inspire me to drop MY EXCUSES and DO IT! Role models who stretch my ambitions and make me reach for the impossible.
There is dignity in achievement and success—in becoming a great factor in civilization.” Carter G. Woodson.
I hope you will share these short articles; perhaps a few people will be curious to learn more.
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.
TWO LESSONS LEARNED
- To achieve your Financial Freedom, educate yourself. Education is acquiring knowledge, skills, values, and understanding through various formal or informal methods, such as schooling, training, or self-learning. Its purpose is to empower individuals to develop their potential, make informed decisions, and contribute positively to society.
- ALWAYS HAVE A BACKUP PLAN!
“Thurmond finished a degree before turning pro in 1963 and becoming an NBA legend.” – A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES}
“Most NBA players today forgo a college degree to pursue their NBA dreams. However, that wasn’t the case decades ago. Nate Thurmond was an example of a star who finished a degree before entering the NBA in 1963.
In 2002, the rebounding genius was asked to give advice to young people aspiring to become professional athletes. The first thing he suggested was to think about their education, too.
“I would tell them not to think that just because they have the desire, they will automatically become a professional sports figure,” he told Ernest Beyl. “I would tell them to think in terms of acquiring a good education, too. Use my life as an example. When I was in grade school, it was accepted in our family that I would go to college. My parents didn’t have that opportunity.”
TURNING PRO EARLY
At the time of the interview, several players went to the NBA straight out of high school. 1995 Kevin Garnett blazed a trail for the prep-to-pro hopefuls, becoming the first high school draftee since Moses Malone and Bill Willoughby in 1975.
Starting from 1995 until 2005, when the league began to require draft applicants to be 19 years or older and at least one year removed from HS, there was a high school draftee each year. The 2001 class saw five such players, with three of them selected in the top four (Kwame Brown, Tyson Chandler, and Eddy Curry.) That probably prompted “Nate the Great” to urge future NBA players to value their education.
Interestingly, not even the prohibition of NBA draftees jumping directly from high school has stopped players from forgoing a college degree, with many stars today a product of the one-and-done system. Not that it’s a bad thing because it has allowed players to chase their dreams and financially support themselves and their families at an early age.
Thurmond’s sentiment was valid, of course, even if it was an easier choice for him and his peers to stay in college for multiple years. For those who are curious, the Bowling Green State University product held a sociology degree. While it’s unclear if his college education directly influenced his famous BBQ business in San Francisco, it showcases the diversity of his interests and achievements.
In addition, sociology seems like one of the go-to courses for many hoopsters. Some of the most notable players who also majored in it include Steve Nash, Alonzo Mourning, Mitch Richmond, and Larry Johnson.”
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THE POWER OF EDUCATION
In today’s NBA, less than 19% of players complete their college degrees. Unfortunately, many professional athletes encounter financial difficulties after retirement. Root causes of these challenges: extravagant spending, limited financial literacy, risky investments, and lifestyle adjustments upon leaving the league. Like other Americans, athletes must pursue further education, not necessarily a four-year degree. They can boost their financial literacy, ultimately reducing the number facing financial challenges despite earning millions during their careers.
WHAT SUBJECTS DO YOU WANT TO READ NEXT? WHAT QUESTIONS CAN I ANSWER? UNTIL NEXT TIME!
LET’S MAKE SOME MONEY! CRYPTOCURRENCY ANYONE?
YOUR GREATNESS IS NOT WHAT YOU HAVE; IT’S WHAT YOU GIVE!
BECAUSE I CARE!
St Jude Hospital: The mission of St. Jude Children’s Research Hospital is to advance cures and means of prevention for pediatric catastrophic diseases through research and treatment. Consistent with the vision of our founder Danny Thomas, no child is denied treatment based on race, religion, or a family’s ability to pay.https://www.stjude.org/
Wounded Warrior Project: An American charity and veterans service organization that offers a variety of programs, services, and events for wounded veterans of the military https://www.woundedwarriorproject.org
Folds of Honor: Providing life-changing scholarships to the spouses and children of America’s fallen or disabled military. And now, our mission expands to the families of America’s first responders. On our watch, those who protect our freedoms and our families will know they are not forgotten. https://foldsofhonor.org
Wilson’s No-Kill Animal Shelter: A N0-Kill shelter that is a top-rated non-profit. They compassionately care for all their animals. https://wcnkas.org
Tunnel To Towers: Since 9/11, we have been helping America’s heroes by providing mortgage-free homes to Gold Star and fallen first responder families with young children and by building specially-adapted smart homes for catastrophically injured veterans and first responders. We are also committed to eradicating veteran homelessness and helping America to Never Forget September 11, 2001. https://dogood.t2t.org/give/320847/#!/donation/checkout
TRUST ME – YOU WILL LIKE THE BELOW POPULAR BLOGS!
YOUR GREATNESS IS NOT WHAT YOU HAVE; IT’s WHAT YOU GIVE!
YOUR GREATNESS IS NOT WHAT YOU HAVE; IT’S WHAT YOU GIVE!
NEW SERIES – CRITICAL THINKING – BY DR. JAMES LEEMANN
USING CRITICAL THINKING IN PURSUIT OF POST-HIGH SCHOOL EDUCATION – CRITICAL THINKING SERIES – PART 2
TEENAGERS’ – SIX-FIGURE, LOW ROI COLLEGE LOANS – CAN HAVE LIFETIME CONSEQUENCES! CRITICAL THINKING SERIES PART 3: WHAT ARE THE UNIVERSAL STANDARDS OF THINKING?
CRITICAL THINKING SERIES PART 4: – A SELF ASSESSMENT OF YOUR LEVEL OF THINKING AND LEARNING
THINKING IS DRIVEN BY QUESTIONS, NOT ANSWERS – PART 5 CRITICAL THINKING SERIES: WHAT QUESTIONS DO THE BEST CRITICAL THINKERS ASK?
WHAT {DO YOU, AS A} CRITICAL THINKER, DO TO LEARN? – PART 6A – CRITICAL THINKING SERIES
WHAT DO YOU AS A CRITICAL THINKER DO TO LEARN – PART 6B – CRITICAL THINKING SERIES
WHAT HABITS DO CRITICAL THINKERS USE WHEN READING AND WRITING? PART 7A – CRITICAL THINKING SERIES
PART 7B: SUBSTANTIVE WRITING: WHAT HABITS DO CRITICAL THINKERS USE WHEN READING AND WRITING? – CRITICAL THINKING SERIES
WHAT DOES IT MEAN TO BE A FAIR-MINDED CRITICAL THINKER? – PART 8: CRITICAL THINKING SERIES
WHAT DOES IT TAKE TO DEAL WITH YOUR IRRATIONAL MIND? – CRITICAL THINKING SERIES – PART NINE (9)
WHAT STAGE ARE YOU IN CRITICAL THINKING DEVELOPMENT? – FINAL CRITICAL THINKING SERIES – PART 10
A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – BADRINARAYANAN KOTHANDARAMAN, ENPHASE ENERGY, CEO
RAINBOW OF ROLE MODELS– TEACHER RAYMOND NELSON CREATES GENTLEMEN’S CLUB TO TEACH LIFE LESSONS TO BOYS WHO HAVE NO DADS AT HOME
A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – MARIO HOOVER – 16 YEARS OLD!
A RAINBOW OF ROLE MODELS {WEDNESDAY SERIES} – LEGENDARY INVESTOR JOHN ROGERS JR
https://wealthbuildingpowers.com/2022/03/09/black-and-brown-role-models-series-legendary-investor-john-rogers-jr/
BLACK HISTORY MONTH ROLE MODELS {SERIES} BILLIONAIRE ROBERT F. SMITH – FEBRUARY 23, 2022
“WHAT WE BECOME DEPENDS ON WHAT OUR FATHERS TEACH US AT ODD MOMENTS WHEN THEY AREN’T TRYING TO TEACH US”
https://wealthbuildingpowers.com/2021/11/03/what-we-become-depends-on-what-our-fathers-teach-us-at-odd-moments-when-they-arent-trying-to-teach-us/
WE NEED MORE STEM MAJORS AND LEGACIES LIKE MYLES JOHNSON!
WE NEED MORE STEM MAJORS AND LEGACIES LIKE MYLES JOHNSON!
DADS WHO RAISED ME TO BE MORE THAN I COULD BE!
DADS WHO RAISED ME TO BE MORE THAN I COULD BE!
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ABOUT ME
I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
DISCLAIMER
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, and real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.
