You can be on Entrepreneur’s cover!

Nobody Will Take Care of Your Money Better Than You Troy Murphy, founder of Sweven Wealth and NBA veteran, discusses what it takes for athletes and entrepreneurs to build their wealth.

By David Meltzer

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Troy Murphy, 12-year NBA veteran and founder of Sweven Wealth, talks about the value that comes with educating yourself about wealth management and financial literacy. Murphy also breaks down the eye-opening experience he had with his first financial advisor and his inspiration to start a wealth management firm that donates all of its profits to financial literacy organizations.

Murphy and The Playbook host David Meltzer chat about the lack of financial literacy within the NBA and within the world population as a whole, as well as the cost of not having a financial education. The pair discuss topics such as their favorite books about finance and wealth management and the difficulties caused by trying to time the bottom of a market.

Related: How to Turn a Hobby Into a Profitable Business

David Meltzer

Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach

David Meltzer, co-founder of Sports 1 Marketing and host of Entrepreneur's podcast, “The Playbook”, is a Top 100 Business Coach, global public speaker and three-time international best-selling author who has been honored by Variety as “Sports Humanitarian of the Year”.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from The Playbook

This Yogi, Mystic and Founder Explains How to Become One With Everything, Understand Your Destiny and Live a Long Life

How This Water Company Is Helping the Environment by Eliminating Plastic Waste

3 Things Investor Look for When They Hear Your Pitch for the First Time

The Future of Lacrosse and Sports Media With Paul Rabil

Editor's Pick

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Side Hustle

He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

When Scott Goodfriend moved from Los Angeles to New York City, he became "obsessed" with the city's culinary offerings — and saw a business opportunity.

Living

Get Your Business a One-Year Sam's Club Membership for Just $14

Shop for office essentials, lunch for the team, appliances, electronics, and more.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.