Dave Lukas Chats with Ben Sturgill
207: Play the Next Play, Lessons Learned from a Pro Athlete Turned Entrepreneur with Ben Sturgill
This week’s Misfit Entrepreneur is Ben Sturgill. Ben is your quintessential pro-athlete turned entrepreneur. And I have had the pleasure to get to know him well over the last year as he is one of the traders alongside me at Raging Bull, an elite trading education company.
Ben played basketball in college and went on to play pro overseas, but knew that he needed to prepare for life after basketball – so he became an entrepreneur and since retiring from basketball has grown and sold businesses in software, real estate, and the event space.
Along the way, he started trading and investing in the markets and found he had a knack for it and today he’s a pro that trades full time and helps others throughout the world to create financial success through trading.
I’m excited to talk to him about his journey and the lessons he’s learned along the way.
Ben grew up in a home where money was tight and from a young age, he knew he had to work to get what he wanted. He started hustling as a kid. But, it was a baseball raffle ticket sale that really exposed him to entrepreneurship and the concept of leverage. At the age of 10, he went around his neighborhood figuring out how to sell more and more of the tickets and in the span of a few weeks he made $300. This opened his eyes to the potential out there.
He was then given the book Rich Dad, Poor Dad by Robert Kiyosaki from a mentor that had learned to invest and build wealth in the stock market on a teacher’s salary and were very wealthy. Learning from the book began his journey on learning about money.
Ben learned to look for what the greatest opportunity for him and when he grew 6 inches in one year and had a knack for basketball, he went all in on the sport. But, he still had his knack for entrepreneurship and kept learning as he career blossomed. He even started a Gumball machine business in college just practice having a small business.
After graduating college, he got the opportunity to play pro basketball overseas. Now that he was just playing basketball, he had more time to study entrepreneurship and investing in the markets. When he retired, he started a software company, a real estate company, and an event rental company. He sold the businesses and used the capital to start trading the markets full time and put more time into his family.
What other lessons did you learn from your early mentors?
Did you have any mentors in your basketball career that taught you things that translated well to your entrepreneur life?
What does it take to turn pro or become a pro-athlete?
What was the best thing about turning from pro-athlete to entrepreneur? The worst?
Let’s talk about trading…Tell us about how you trade the markets and how you’ve created your business.
Give us an example…
Thoughts on crafting a winning mindset?
What advice would you give to a new trader?
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