August Book Of The Month Review: For The Other 98%
Every month we will provide a recommended read to help you on your way to take the next steps in becoming A Frugal Athlete. Our hope is that the books provided will help you make the prudent decisions both financially and career wise to help with your own personal playbook. Starting with the book and description, throughout the month we will engage you with questions and points made in the book. Ultimately leaving you with our key takeaways hoping to create open dialogue and discussion on different ways to ultimately become a frugal athlete.
In The Other 98%, Beachum provides the reader with the tools necessary to create a pathway to succeed while you are a student athlete. Below are our Frugal Athlete takeaways from the book:
Find Your Other Passions
If sports wasn't in the equation what would you want to do with your life. What gets you out of bed in the morning and excited to pursue. As an athlete at any level you are closer to the end of your career than the start of it once you begin playing. Whether it's an injury, a new coach making changes, a player taking your spot, or you simply retiring sports, it can be all over before you know it. Pursuing your passions outside of sports last forever though. Beachum takes us through the process of listing down your other passions to help give you a sense of what will ultimately be your second calling when your career is over, whenever that may be.
Whether you are a student athlete at a big D1 powerhouse or NAIA school or D2 feeder you have to be active at your school. Get involved and take advantage of the resources at your disposal. This will go a long way for you if you make the effort to be active. Whether it's making good use of your athletic director or connecting with one of the local groups at schools, actively participating will be rewarding for you.
Have an ultimate objective of what you want to get out of college and the goals you want to do. This can translate to any situation not just college. By setting goals, you know have motivation and reward for the journey you have now embarked on. Create step by steps guidelines to how you will achieve this goal and complete it.
Follow the Rules
As a student athlete who has ideas of building off your platform and exploring entrepreneurship, it's important to have knowledge of the bylaws and changing dynamics with the rules and regulations. Don't be afraid to ask what you can and can't do because you don't want to lose your scholarship off a simple mistake.
With that being said, the lists of opportunities for student athletes are endless. Here are a few that Beachum highlights to help you get started:
- Social Media Influencer
- Fashion Stylist
Set The Foundation
Now student athletes have big followings on social media. Beachum stresses to use your time in college to build your brand and foundation to help set yourself up immediately after you go into the next phase of your career. If you have a big following but can't use your likeness, don't worry. Use that momentum to grow your base without breaking any rules and once you are free from rules then you attack and start your business.