Key Highlights

Introduction to human capital and its components: physical, intellectual, and social capital.

Jeff Locke explains human capital's importance for athletes in maximizing their value.

Sam Acho discusses the significance of developing multiple dimensions beyond athletic performance.

Zach Miller joins in to illustrate how physical capital directly impacts wealth generation in the NFL.

Sam Acho shares a personal story on the nuances of leveraging social capital effectively.

Quotes

"Human capital, let's break it down into two words. Human, me, Capital, value—what is the value that you produce as a human being?" – Jeff Locke

"Social capital is your last name. It's your network, it's your ability to walk in the doors and get into places that no one else can because of who you are." – Sam Acho

"The amount of guys this guy knows. I don't know how his phone has enough memory for his contact book." – Jeff Locke

KEY HIGHLIGHTS:

—NFL players often show generosity at a granular level by supporting people within their facilities.

—The impact of end-of-year giving and its benefits for both givers and recipients.

—Utilizing a donor-advised fund allows athletes to maximize their charitable giving opportunities.

—Strategic charity not only benefits recipients but also provides tax advantages for players.

—Step-by-step guidance on initiating a donor-advised fund for effective giving.

QUOTES:

—"Giving helps unlock the grips of greed." – Zach Miller

—"The donor advice fund gives you the flexibility of time." – Jeff Locke

—"NFL players are extremely, extremely generous but we're looking for better ways to be more effective in our generosity." – Sam Acho

Key Highlights

• Sam Acho shares the importance of understanding the value of a supportive financial team during an NFL career.
• Jeff Locke emphasizes getting transparent details in writing about how advisors are paid to avoid unnecessary costs.
• Zach Miller discusses the unique investment opportunities for athletes and the importance of customized financial plans.
• Insights are provided on how taxes and NFL benefits should be integrated into an athlete’s financial strategy.
• Practical advice is given for athletes transitioning to the NFL or switching advisors, including key questions to ask.

Quotes

• "If I knew then what I do now, I would have been so much better off from a time standpoint." – Sam Acho
• "You need a team that can actually advise on your taxes and help you with your taxes, not just on the investment side." – Jeff Locke
• "You are one of one. So you deserve a kind of one, your own individualized plan." – Zach Miller