Podbean logo
  • Discover
  • Podcast Features

    Your all-in-one podcasting solution.

    Podcast App

    The best podcast player & podcast app.

  • Livestream

    High-performing audio live, without limits.

    Podcast Studio

    Easy-to-use audio recorder app.

  • PodAds

    Dynamic Ad Insertion for podcasts.

  • Premium

    Convert listeners into buyers anywhere, anytime
    with the convenience of Podbean Premium.

    Patron

    The seamless way for fans to support you directly
    from your podcast.

  • Ads Marketplace

    Join Ads Marketplace to earn money
    through sponsorship on your podcast.

  •  
  • All Arts Business Comedy Education
  • Fiction Government Health & Fitness History Kids & Family
  • Leisure Music News Religion & Spirituality Science
  • Society & Culture Sports Technology True Crime TV & Film
  • Live
  • Log in
  • Start your podcast for free
  • Podcasting
    • Podcast Features
    • Live Stream
    • PodAds
    • Podcast App
    • Podcast Studio
  • Monetization
    • Premium
    • Patron
    • Ads Marketplace
  • Enterprise
  • Pricing
  • Discover
  • Log in
    Sign up free
The Sports Entrepreneurs Podcast by Marcus Luer

The Sports Entrepreneurs Podcast by Marcus Luer

Business:Entrepreneurship

Ben Smith, ”Wealth Management for Athletes”

Ben Smith, ”Wealth Management for Athletes”

2021-12-08
Download

Ben Smith, a chartered financial planner for the past 10 years, is on a mission to educate young athletes about wealth management, proper financial planning and goal setting.  Very important messages for anyone dealing with young athletes and of course for athletes themselves.  Listen and learn. (The Podcast was NOT sponsored by FLM)

Disclaimer: No financial advise or recommendations are given. The Podcast is purely highlighting options available.

 

Key Highlights

  1. How Ben got into the industry and how childhood lessons shaped his career path and mindset about investing
  2. Chartered Financial Planner, help clients make great decision with their money, from planning, tax, legal structures, etc
  3. FLM (Financial Lifestyle Management Ltd) a partnership affiliated to St James’s Place Plc – a Footsie 100 company (150 billion under management), different investment solutions (highly regulated environment in the UK)
  4. The stats behind the reason for the Podcast and why it’s so important for young athletes to be aware of it
  5. Early 90s, salaries in Football were only around avg GBP 20k pa, now nearly GBP 2 million per year – high earning in early part of the career (young age), opposite to traditional career path  
  6. Process to engage young athletes – step by step process to educate them in an interactive way and setting goals
  7. Passive Income and Compound Interest – key to understand it – Jill and Jack example
  8. FLM focus on Football, Rugby and Golf
  9. The process, value added services by FLM, fee structure and steps to take by athletes and families
  10. Athletes as investors beyond their Money – bringing their Name into investments – Athletes are Brands - Whoop example – risk and returns
  11. FLM’s background and history over the past 20 years  (www.Flmltd.com)

 

About Ben Smith

I help busy, successful people make great decisions with their money. I believe that wealth is dictated by behaviours, not earnings, Everything I do is focused on creating world class money habits that help my clients achieve financial freedom. This is the ability to live life to the full without financial constraints.

I believe that in any area of your life, a lack of clarity can be fatal. It can lead to anxiety and hold you back from achieving what is really important to you and your family. When I first joined the industry in 2011, I had studied business, finance and economics throughout my education, yet I knew very little about personal financial planning. From working with many families over the last 10 years, I have found that money is very poorly understood in the UK which really can hold people back in a quest for a better life.

With this in mind, I am passionate about financial education and the importance of having a plan.

How many of us studied money or personal finance at school? It is also rarely discussed, even between close family members. I really believe in helping my clients learn as we work together, which brings both enjoyment and greater peace of mind.

Having a well thought through plan allows you to get on and enjoy life whilst striving towards the things that are important to you.

Everyone has a different 'why' which ultimately gets us out of bed in the morning. Maybe you want to send your kids to private school, maybe you want to retire at 45 or maybe you want to own a second home in France. The harsh reality is that, without a clear plan, you are unlikely to achieve these goals.

Over the last 10 years I have worked with busy, successful individuals in London to help them establish their ‘why’ and put in place prudent, robust financial plans to meet their goals.

Life is as busy as it has ever been, and very few people find the time to put in place adequate financial plans and for those who do, even fewer continue to monitor them over time. I believe everyone has experienced some kind of financial inertia during their life – for some this will be for longer than others. It is arguably the single greatest threat to ones financial plans.

 

Follow us on our social sites for the latest updates
Instagram: https://www.instagram.com/sportsentrepreneurs/
Facebook: https://www.facebook.com/marcusluerpodcast
LinkedIn: https://www.linkedin.com/company/sports-entrepreneurs
Website: https://marcusluer.com
Podcast: https://marcusluer.com/podcast

To get in touch, please email us at podcast@marcusluer.com

 

Feel Good by MusicbyAden https://soundcloud.com/musicbyaden
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: https://bit.ly/_feel-good
Music promoted by Audio Library https://youtu.be/bvgIqqRStcQ

 

view more

More Episodes

Simon Chadwick, ”Birds Eye View on Sports”
2023-01-11 187
Leigh Steinberg, ”Real Life Jerry Maguire”
2022-12-21 251
Andrea Radrizzani, ”From Milan to Asia to Leeds”
2022-11-25 600
Tracy Benson, ”From Athlete To Entrepreneur”
2022-10-25 334
Steve Patterson, ”Four Decades across US Major Sports”
2022-10-06 327
Gagan Palrecha, ”Sports NFT’s & More”
2022-09-02 423
Damian Willoughby, ”Talking Football & Esports”
2022-08-03 800
Sandy Brown, ”American Sports Broadcasting Nomad”
2022-06-21 575
Scott Levy, ”NBA Globetrotter”
2022-06-07 428
Oli Slipper, ”Streaming Pioneer”
2022-04-13 603
Philipp Grothe, ”Football Focus”
2022-03-23 608
Patrick Mouratoglou, ”The Coach - Going NFT”
2022-03-17 364
Ralf Reichert, ”Gaming/Esports Made in Germany”
2021-12-31 540
Chris Lencheski, “Motorsports in the Blood”
2021-11-26 397
Michel Masquelier, ”From Intern to Chairman - 35 years at IMG”
2021-11-10 758
Hide Arai, ”Japanese Influence in Sports”
2021-10-27 455
Murray Barnett, ”Media & Sponsorship Unpacked”
2021-10-07 521
Stephane Schindler, ”Game Changer”
2021-09-24 482
Andrew Croker, ”Mr Chairman”
2021-09-11 561
  • ←
  • 1
  • 2
  • 3
  • 4
  • 5
  • →
0123456789101112141516171819

Get this podcast on your
phone, FREE

Download Podbean app on App Store Download Podbean app on Google Play

Create your
podcast in
minutes

  • Full-featured podcast site
  • Unlimited storage and bandwidth
  • Comprehensive podcast stats
  • Integrate with iTunes and Google
    store
  • Make money with your podcast
Get started

It is Free

  • Podcast Services

    • Podcast Features
    • Pricing
    • Enterprise Solution
    • Private Podcast
    • The Podcast App
    • Live Stream
    • Audio Recorder
    • Remote Recording
  •  
    • Create a Podcast
    • Video Podcast
    • Start Podcasting
    • Start Radio Talk Show
    • Education Podcast
    • Switch to Podbean
    • Submit Your Podcast
    • Podbean Plugins
  •  
    • Church Podcast
    • Nonprofit Podcast
    • Get Sermons Online
    • Free Audiobooks
    • How to Start a Podcast
    • How to Start a Live Podcast
    • How to Monetize a podcast
    • How to Promote Your Podcast
    • How to Use Group Recording
  • MONETIZATION

    • Premium Podcast
    • Podcast Advertising
    • Patron Program
  • Support

    • Contact Us
    • Support Center
    • Developers
    • Resources
    • Free Webinars
    • Podcast Events
    • Podbean Academy
    • Podcasting Smarter
    • Podbean in the Media
  • Podbean

    • About Us
    • Careers
    • Affiliate Program
    • Badges
    • Terms of Use
    • Privacy Policy
    • Podbean Blog
    • Podbean New Features

Copyright © 2006-2023 Podbean.com