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.

Free Book Preview Money-Smart Solopreneur

This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success.
Entrepreneur Leadership Network VIP
Co-Founder of Sports 1 Marketing, Speaker, Author and Business Coach
1 min read
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

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Entrepreneur Store scours the web for the newest software, gadgets & web services. Explore our giveaways, bundles, "Pay What You Want" deals & more.

Latest on Entrepreneur