MANAGERS, ENTREPRENEURS & ATHLETES

Many talk about how to beat the competition. What is Gary Vaynerchuk’s advice? His 3 key pieces of advice for every CEO looking to stand out, are: First, „Get comfortable with failure“, second, „Understand the importance of humility“, third, „Don’t dwell on the competition. Focus on the game“. Valuable to us beyond that because they hint at why athletes can be the managers and entrepreneurs – and ultimately the CEOs – of the future. >> STORY, LINKS & BACKGROUND

HOW NOT TO LOSE YOUR MONEY AS AN ATHLETE

„At the highest level, professional athletes are becoming savvy investors.“, schreibt die Financial Times. Außerdem: Profi-Sportler:innen können in jungem Alter Millionen verdienen und haben selten die Erfahrung, um ihren neu erworbenen Reichtum zu verwalten. Umso wichtiger ist es für Athlet:innen, selbst Know-how aufzubauen und Zugang zu Expertise und unabhänigiger Beratung zu finden. >> STORY, LINKS & BACKGROUND

FUTURE OF SPORTS FOCUSED SPACS

„It may be more than just a current trend. While sports team valuations have tended to increase, the coronavirus pandemic will likely impact team values for the next few years. The pandemic has caused teams to lose revenue streams, and has likely impacted team owners‘ other businesses, and reduced the market for prospective investors. As a result, teams need new sources of capital.“ >> STORY, LINKS & BACKGROUND