Jacob Turner My first job post NFL

LA Fitness.

No one would give me a job or an interview.

Now I'm helping those same people start new companies!

🚨Athletes🚨

If you are a prospect listen to my dad’s advice. 👇👇👇

The same people that wouldn’t hire me after baseball want to “pick my brain” today.

That isn’t a knock on them, it is a reminder no one will believe in you when you start (other than Mom 😉)

Why would they? You haven’t done anything.

Just get up and get moving.

Sports and Entrepreneurship are similar in this way:

There are near-infinite levels to the game.

Those who stall fail to realize there are always further levels.

You make the team and fail to realize the work it will take to make the next team.

The biggest financial mistake I see?

Doing something that someone else is doing.

Choosing a financial advisor is impossible (at least that is what I thought)

Meet with someone ~ fancy suit, fancy boardroom, like them.

Still a bit unsure but it 'feels right'.

At Moment we do this a little different:

Sports and Entrepreneurship are similar in this way:

There are near-infinite levels to the game.

Those who stall fail to realize there are always further levels.

You make the team and fail to realize the work it will take to make the next team.

My dad started our business in 1988.

He aspired to reach $10m of revenue during his career.

He passed the torch to my brother and I in 2016 having achieved this goal.

In 2024, our current brands will reach $140m.

My dad taught us a few invaluable lessons… (thread)

Many of our best fit clients come from social media.

Here is what they look like:

Entrepreneurs earning $1,000,000 or more of personal income.

Athletes getting drafted, signing their big deal, or heading towards post-playing.

momentprivatewealth.com/contact-us

Athletes getting drafted this year

Three steps to take:

1) Set a spending goal
2) Understand how much risk to take
3) Avoid flashy and speculative investments

You need to walk before you run.

The 'tax-free income' from your permanent life insurance policy is a loan.

Friendly reminder...

*Every loan you take is 'tax-free'.

Athletes your goal investing should be to create financial optionality after your playing career.

Making an investment that is headline news can be fun but focus on building your core portfolio first.

Substance over Flash

If you own a business and you are seeing the enterprise value start to explode, do estate planning now.

The earlier you start planning the more optionality you have to get assets outside of your estate.

***Estate taxes are 40% and the exemption is set to get cut in half

One of the biggest wins I see for our clients is having the accountability to stick to the plan.

Saying you are going to do something for years and sticking to it are two different things.