Team Frugal: Michael Strahan
Being frugal is about more than being stingy with your money. It means being prudent, smart and economical with your finances and career decisions. Every Tuesday, we share profiles of athletes that exemplify what it means to be A Frugal Athlete.
Michael Strahan is a Superbowl champion, one of the all time great defensive lineman for the New York Giants of the NFL, and a Hall of Famer. For him to be more recognized for his accomplishments off the field is a testament to Strahan's character and frugality both with his finances and career transition planning. Michael Strahan could have been like a large percentage of fellow professional athletes and struggled financially upon retirement. However, Strahan did the exact opposite and blossomed his brand to a higher level.
Michael Strahan took advantage of his resources as an NFL player and location in the Big Apple (New York) to expand his horizons beyond the playing field. Now he's a talk show cohost on ABC's "Good Morning America", one of America's biggest tv shows. Michael Strahan much like how he played, was always two steps ahead. During his career, he would fill in as a sports analyst with different networks to help increase his broadcasting ability and exposure.
Michael Strahan is a frugal athlete for many reasons but mainly because of how well he was able to transition into a second career. Not only in one field but many fields. Michael Strahan is a sports analyst, talk show host, actor, author, management consultant, CEO, brand ambassador. He credits not being afraid of failing as a reason why he's able to do so much. Strahan has also acknowledged being active in your personal business ventures especially when your name is attached to something because that is your reputation and brand on the line.