Course: Professional Athletes Program

PA – Module 10 – Retirement from sport & Post-Career Development

Personal financial planning is affected by several macroeconomic factors.  Therefore, when athletes plan their financial lives, they should take into account conditions in the wider economy and in the markets that make up the economy.

Since athletes will be dealing with professional sports contracts, it is important that they know some basic information about contracts and how taxes affect their income.

Topic: Financial & Life Skills Program
Module: 10

Professional Athletes

 

LESSON PROGRAM & COMPONENTS

  1. Knowing when to retire from the playing field
  2. The last contract of the retiring athlete
  3. Preparing in advance for retirement from sport
  4. The psychology of retiring from sport at a young age
  5. Find a business mentor and work on your professional network
  6. Post-Sports career – Entrepreneurship or Employment
  7. Advantages & disadvantages of entrepreneurship
  8. Business fundamentals for athlete entrepreneurship
  9. Build your entrepreneurial team
  10. Use your athletic brand to build a business
  11. Career options – Franchising
  12. Career options – Online businesses
  13. Career options – Social entrepreneurship

LESSON DETAILS

Knowing when to retire from the playing field

 

The last contract of the retiring athlete

 

Preparing in advance for retirement from sport

 

The psychology of retiring from sport at a young age

 

Find a business mentor and work on your professional network

 

Post-Sports career – Entrepreneurship or Employment

 

Advantages & disadvantages of entrepreneurship

 

Business fundamentals for athlete entrepreneurship

 

Build your entrepreneurial team

 

Use your athletic brand to build a business

 

Career options – Franchising

 

Career options – Online businesses

 

Career options – Social entrepreneurship

 

The Sports Financial Literacy Academy
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