The Key to Thriving Over Time


by Brandon Steiner October 25, 2016 0 Comments


Accountability is one of the most important things you can have after you make a mistake. Alex Rodriguez is a perfect example of that.

It's hard to believe, but my friend Alex began his Major League career 20 years ago. Of course, we all know about accolades and accomplishments, 696 home runs, 3,000 hits, World Series champion, 14x All-Star, 10x Silver Slugger, 2x Gold Glove Award winner, etc.

The list of on-field accomplishments is staggering, but something that struck me recently is what I learned from his recent in-depth interview at Google about 22 years of baseball and investing.

If every professional athlete watched his interview, their financial futures and overall way of life would be much better-served. It's amazing to think that as an 18-year-old rookie Alex had the awareness to invest in a duplex in Miami, a first of many investments over the years under his ever-growing A-Rod Corp.

Yet, the important messages he shares go far beyond the field, court or diamond and they are not just for the people playing on them. I'll give you an example:

My mom is my inspiration. She had two jobs growing up down in Miami. She was a secretary in the morning and she served tables at night. I remember how hard it was for her to earn a dollar. I remember vividly her coming home at night and counting her tip money. She, every night, made a deposit in her bank. The only bank that she trusted was her mattress; she trusted her mattress. That made an impact on me. It was a very powerful message. 

Here's my question to you: do you understand the value of a dollar? Do you know what goes in to making that one dollar? Or how you can turn that one dollar into two dollars?

Look, I'm not here to tell you that money is the answer to everything because it's not, and it never will be. But, regardless if you can hit a baseball 500-feet or you're 6'10" and can score 40 points a night or you just consider yourself someone trying to get by, it is important to be smart and strategic with the money you earn so you can live comfortably.

Alex has figured that out and to a degree that even I did not know until watching this video. If you're someone searching for advice on how to make smart investment decisions to build your net worth, take the time to watch the full talk below.




Brandon Steiner
Brandon Steiner

Author

Brandon Steiner is the founder and chairman of Steiner Sports Marketing and Memorabilia, the largest company of its kind in America. Considered a sports marketing guru, Brandon is a permanent fixture in the media as a regular on ESPN NY Radio 98.7 FM and as host of "The Hook-Up with Brandon Steiner" on YES Network. He has appeared frequently on CNBC, CNN, MSNBC, ESPN, and in newspapers including the New York Times and the Wall Street Journal. The author of The Business Playbook: Leadership Lessons from the World of Sports and You Gotta Have Balls: How a Kid from Brooklyn Started From Scratch, Bought Yankee Stadium, and Created a Sports Empire, Brandon lives in Scarsdale, New York, with his wife, Mara and children Crosby and Nicole.




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