Team Frugal: Alana Beard

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.

Alana Beard understands the similarities that run from business to the basketball court. It’s partly the reason why she has been so successful both on and off the court. Having played professional basketball in the WNBA and overseas for 15+ years and counting , she has taken all she’s learned on the court to help her excel off the court. Beard is a businesswoman, investor, and philanthropist amongst many other things.

One of her ventures include franchising a Mellow Mushroom with fellow basketball player Marissa Coleman. Mellow Mushroom is a restaurant specialized in pizza that’s focused on building interactive community through artwork and good food with fresh ingredients.

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What’s important to take away from Alana Beard is her constant drive to learn. She’s consistently made time to get in front of mentors and attend different programs to build her knowledge and business acumen. She attended the Harvard Crossover Into Business Program, she even learned how to code during her Olympic break and even wrote about it, and most recently interned at VC firm in Silicon Valley during her latest offseason. In an interview talking about how she applies basketball to business she states, “it’s imperative to apply that asset when deciding life after basketball. There are companies within the corporate world that wish they knew how to build, sustain and lead a team as well as we do! Use that to your advantage!”

Alana Beard is the epitome of what it means to be a frugal athlete. She is maximizing her time as a professional basketball player in all aspects in order to plan for her future. She has big aspirations for what she wants to do post career and she’s being proactive about it through building relationships, learning, and making smart business decisions. There is not better platform than they one you have as a professional athlete, Beard is simply planning ahead compared to many of her compatriots.