Unfortunately it’s no real secret, an extremely high degree, of ex- superstar athletes or entertainers, blow through their size- able lifetime earnings, within a five to ten year period.
And as they reach or once they past their peak earning years.And once they receive their final check. Sadly, within just three to five years after they become B list commodities.
A least 60-80% have to file for some type of bankruptcy protection. Sound all too frighteningly familiar? And typically, they’re strapped with mountains of debt. So they need to find some viable ways, to
Very little income and virtually no viable ways, to maintain their old lifestyle. Gone are all of the fancy cars, no more luxury globe trotting, all over the world.
No more chauffeur driven this or that. No more nights out on the town, with an entourage of 10-15 deep. And their phone, is no longer constantly ringing off the hook, with potentially lucrative endorsement offers, worth six and seven figures.
Ah the good ole days.Fast forward. Money is extremely tight. And their savings, are all but non existent. And they’re constantly struggling to keep a roof over the head. And a decent used car to drive.
This is ‘why” they’re extremely open, to discovering how they can consistently monetize, their remaining brand equity. Continue reading