NIL Provides Athletes a Chance to Become the Boss.

1. You are the Product/Show

Don't forget. Everyone in the stands at your game or watching the game on their favorite device. Is tuning in to watch the athletes.

The athletes are the show. The athletes are what makes the event special.

Don't be afraid to utilize your influence to create something entrepreneurially.

Pro Tip: Smart athletes are killing it running their own camps, creating their own merch, and developing their own businesses. NIL allows athletes to do business outside of the schools as well.

2. Building for the Future 

Taking an ownership approach to your NIL opportunities, can allow an athlete to create something that sustains them past their sports career.

Athletes have utilized their NIL money to build community centers, fund laundromat business, purchase real estate, and much more.

This is the best time to be a student-athlete.

You don't have to wait for a brand or a company to choose you! 

Pro Tip: Think of your unfair advantage. What may someone want to learn from you or partner with you on, that would help serve others?  

3. Supreme Access 

Very few experience the access that athletes do. So why not take advantage of it?

Be smart and strategic.

When you create something, you can use the concept of "NIL" to get people on board with supporting and funding your business or initiative.

Being a student-athlete, will allow you the access you need to move things faster.

Pro Tip: Who are the alums from your school that could help assist you and your business. Successful people love helping young people and athletes.

4. The Write-Offs! 

Bills quickly add up for student-athletes and their families, from a very young age.

If you are treating your sports endeavors like a business, why not write-off the expenses like a business as well.

Families that travel from coast to coast for camps, trainers, and competition. Are "investing" in their child's athletic development with the hopes for future financial compensation in most cases.

Treating your sports career link a business and forming and LLC or S-Corp is a very wise decision for maximizing savings and the cost of being a student-athlete. 

Pro Tip: Form your business entity today and start keeping all of the invoices and receipts, from anything you would consider necessary for your student-athlete business.

Click here to get started.

The Final Point: NIL is A Financial Head Start

Every athlete and their family, who is serious about competing at the college level of sports, should start learning about NIL no later than eighth grade. 

Regardless of sport.

Things can get out-of-control very quickly in sports. You don't want to scramble to learn about NIL, when people are already trying to do business with you.

Also, many athletes and families, are missing the entrepreneurial opportunities and advantages NIL can provide, without any hand-holding from their school.

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