A-Rod 10X Growth Con

Have you ever wondered how some baseball players manage to go from multi-millionaires to bankrupt in such a short period of time? Well, baseball legend A-Rod knows why.

In a 10X Growth Conference interview, former New York Yankees baseball star Alex Rodriguez AKA A-Rod explained to me why it’s so common for baseball players to go bankrupt.

A-Rod: “I do not want to be one of those negative statistics.”

He highlighted 3 major reasons:

1. The average career of a baseball player is only 5 and half years.

2. You make 92% of your life income between the ages of 20 and 30.

3. Of the 750 players in Major League Baseball today, only less than 5% have a college degree —undergrad, not business or masters.

Now, when A-Rod heard these data points, he knew that he had to start doing things differently.

He started to think about how he could beat the statistics and not become one of those baseball players.

That’s what pushed him to go into real estate and buy his first apartment deal at the age of 22 years old. It was a $250,000 duplex in South Miami.

Fast forward to today, A-Rod owns over 13,000 units of multifamily real estate all over the country. And he’s probably made more money in business than he did playing baseball.

Now, at the next 10X Growth Conference, we’ve got a ton of all-star speakers like A-Rod lined up. For more massive business insights straight from the pros, secure your seat while you still can.

Be Great,

Grant Cardone

Featured image source: A-Rod Corp

Disclosure: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.

We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.

Previous article“You’re a Spoiled Brat!” (You Have to See This)
Next article16-Year-Old Boy Made THIS “Millionaire” Decision
Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.

Comments are closed.