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2015年3月18日Former NFL Player’s Business Cheap Jerseys From China Has Scored Cheap NFL Jerseys Wholesale Over
It is not a secret that many NFL players struggle to find their place in society after their glamorous playing careers have ended. Once they retire (the average NFL player’s career is 3.5 seasons long), they turn overnight from a celebrity surrounded with attention and receiving large paychecks to ordinary people who have to start all over again. According to a 2009 study by Sports Illustrated, 78% of NFL retirees go bankrupt or experience financial distress within two years of leaving pro football due to joblessness or divorce. Former NFL wide receiver Bradley James Pyatt seems to be bucking this trend as CEO of MusclePharm Corporation (MSLPD), a manufacturer of sports nutritional supplements. By using the skills and determination he gained as a professional athlete, Pyatt has built MusclePharm from a garage start up into a public company with over $50 million in sales in 2012. Although MusclePharm is still working to reduce costs and repair some capital structure issues, certainly $50 million in product sales is an accomplishment for any former wide receiver.The options available for professional football players once they retire are limited. Many former athletes believe that to succeed outside the football field all you need is hard work and dedication. While many athletes do succeed once they quit playing sports professionally, it typically takes a football player three to five years to find a new career after hanging up his pads. Also, a small portion of NFL players have suffered brain or other debilitating injuries that prevent them from finding a desirable career field. Obviously, for many former players, the road after the NFL is scattered with boulders.Football players can enter corporate America, but this presents many challenges. Many retiring players are in their thirties, and they will be working with much younger colleagues, as the workers that are their age are already farther along on the corporate ladder. In addition, many professional football players lack the education and formal qualifications for many corporate positions, and employers often do not appreciate that NFL players have qualities (teamwork, reliability, and loyalty) that can be more important than degrees and certifications.Some players take what they think is an easier path and decide to become investors with the substantial amounts they have earned during their short playing careers. However, the rules in the investment world are not as clear and fair as in football. Many former NFL players invest in legal businesses and lose all their savings because they fail to or put all of their eggs in one basket. Other former players who lack experience and knowledge in finance may be swindled quickly out of their money with big promises about eye popping returns. A person does not need to look too hard for examples of former players being cheated out of their money. Many of these stories involve unscrupulous individuals running purely illegal scams, such as the CEO of an Austin, TX based investment firm who was running a Ponzi scheme and convinced a former NFL quarterback (Jeff Blake) and a former NFL kicker (David Akers) to trust him with millions of their life savings.Another path for NFL retirees can be to start their own business. The success rate of new businesses, however, is in the single digits. Many football players assume that because they made it to the NFL and they have significant amounts of savings, they can venture into the business world without understanding all the risks and time involved with running a business. While there are articles in business magazines about former NFL players turned successful entrepreneurs, there are a lot more failures that rarely attract media attention.Brad Pyatt seemed destined to fit this whole pattern. Following a short, injury filled NFL career, Pyatt invested all of his savings in a company whose stock traded over the counter. The company soon went bankrupt, and Pyatt was forced to move back into his parents’ home in rural Colorado. Then Pyatt decided to start all over again with the help of a friend, running his own company this time out of his parents’ basement.Pyatt’s run in business, however, has been dramatically different than his terrible investment in the stock market. His company, MusclePharm, has only been in existence for a little over five years and already is it hoping to reach $100 million in sales in 2013.How Pyatt’s Background Led Him To MusclePharm After FootballPyatt may have had all the ingredients for success from his early years. He was raised in a hardworking middle class family in Arvada, Colorado. The year before going to college, Pyatt was 5’10" and less than 200 pounds and many people doubted he could succeed as a professional athlete. Even if he could make it on a team, due to his size, everyone believed that his career would be short. To his surprise, and that of his peers, he received offers from dozens of Division I colleges and eventually enrolled at Kentucky . After his college career, Pyatt was one of the small percentage good enough to play in the NFL. In 2003, Pyatt played for the Indianapolis Colts and during the 2006 2007 season for the Miami Dolphins, Pittsburgh Steelers, and St. Louis Rams. While playing for the Colts, Pyatt suffered a broken back. One of the culprits, according to Pyatt, was a sports supplement. Even though Pyatt was able to bench 400 pounds while weighing only 195 pounds, the team’s dieticians discovered that a supplement he was taking had caused his calcium levels to drop to extremely low levels and caused his health problems. The Colts recommended that he see a sports trainer and a herbal doctor. After this initial setback, Pyatt eventually made a return to the NFL, relying almost entirely on exercise and natural supplements.His history of success over adversity in professional football may have given Pyatt the confidence to pursue a career in business. In 2008, he and his partner, Cory Gregory, started MusclePharm. Because of his personal experience with injury caused by taking the wrong sports supplements, Pyatt and his company’s goals have been, from the start, to provide sports nutrition supplements that are safe, tested, and effective.How Pyatt Grew MusclePharm Into a $50+ million In Sales CompanyPyatt’s experience in professional sports has allowed him not only to Cheap Nike NFL Jerseys lead the company but to contribute to its daily operations. Pyatt and his team at MusclePharm know that in order to succeed in football and business you cannot cut corners.It is evident from many operational areas that Pyatt runs MusclePharm with high standards. MusclePharm has a five member board of directors, three of which are independent and an advisory body comprised of sports nutrition and pharmaceutical specialists. MusclePharm prides itself on being a NSF International and Informed Choice certified company. In addition, all of its products meet the National Nutrition Food Association’s good manufacturing practices and are manufactured in laboratories registered with the FDA. Finally, MusclePharm boasts a world class Sports Science Center located in Denver, Colorado where athletes and scientists collaborate to produce supplements that are both effective and meet the stringent restrictions of governing sports organizations. Sports Academy for safety and effectiveness following an extensive clinical trial.MusclePharm’s advertising budget is small. Instead of spending money on traditional ads, most people hear about MusclePharm’s products through word of mouth recommendations, and MusclePharm redirects advertising dollars to team and athlete endorsements. For example, it is the official nutrition company of the Ultimate Fighting Championship (UFC), and its products are endorsed by Michael Vick and the Cincinnati Reds. An independent study by Consumer Reports found that Michael Vick is one of the few celebrities with verified daily use of an endorsed nutritional supplement.Pyatt’s lack of formal business experience, however, caused a few setbacks at MusclePharm that, luckily, have been contained. For example, due to the rapid growth of the business and the need for capital, MusclePharm accepted financing terms that were very costly. Fortunately, Pyatt came to realize this, and, in 2012, he cleaned up the company’s balance sheet by eliminating expensive debt and highly dilutive warrants. Recently, the company initiated a 850 for one stock split that brought its stock price above $4 per share. This enables the company to meet one of the major requirements for listing on the NASDAQ stock exchange. Pyatt has stated that he is seeking to up list the company to a larger exchange in 2013 in order to attract the attention of institutional investors.Another problem for MusclePharm has been its long term manufacturing and distribution agreement. At the time of signing, MusclePharm had only $1 million in annual sales. As the company has grown to over $50 million in sales in relatively short period of time, the terms of that agreement have quickly become unfavorable, resulting in unusually high expenses for MusclePharm. After a professional career with the NFL, many former players fail in their professional Cheap nfl jerseys china endeavors or family lives. Brad Pyatt has been able to overcome all the difficulties in becoming a professional athlete and in starting a successful post football career. There is no guarantee that MusclePharm will ultimately emerge as a profitable venture, but so far Pyatt has been able to overcome most of the problems that plague post football businessmen. Hopefully, Pyatt and his company will continue to be positive examples for retired professional athletes embarking on new business ventures.Work in progress. Natural Protein SupplementsAll the Supplements in a Nut shell the Good and the Bad Be Ready for a Good Ride!An to Supplements and the Supplement IndustrySupplementation Series Part 1: to Supplements.
It is not a secret that many NFL players struggle to find their place in society after their glamorous playing careers have ended. Once they retire (the average NFL player’s career is 3.5 seasons long), they turn overnight from a celebrity surrounded with attention and receiving large paychecks to ordinary people who have to start all over again. According to a 2009 study by Sports Illustrated, 78% of NFL retirees go bankrupt or experience financial distress within two years of leaving pro football due to joblessness or divorce. Former NFL wide receiver Bradley James Pyatt seems to be bucking this trend as CEO of MusclePharm Corporation (MSLPD), a manufacturer of sports nutritional supplements. By using the skills and determination he gained as a professional athlete, Pyatt has built MusclePharm from a garage start up into a public company with over $50 million in sales in 2012. Although MusclePharm is still working to reduce costs and repair some capital structure issues, certainly $50 million in product sales is an accomplishment for any former wide receiver.The options available for professional football players once they retire are limited. Many former athletes believe that to succeed outside the football field all you need is hard work and dedication. While many athletes do succeed once they quit playing sports professionally, it typically takes a football player three to five years to find a new career after hanging up his pads. Also, a small portion of NFL players have suffered brain or other debilitating injuries that prevent them from finding a desirable career field. Obviously, for many former players, the road after the NFL is scattered with boulders.Football players can enter corporate America, but this presents many challenges. Many retiring players are in their thirties, and they will be working with much younger colleagues, as the workers that are their age are already farther along on the corporate ladder. In addition, many professional football players lack the education and formal qualifications for many corporate positions, and employers often do not appreciate that NFL players have qualities (teamwork, reliability, and loyalty) that can be more important than degrees and certifications.Some players take what they think is an easier path and decide to become investors with the substantial amounts they have earned during their short playing careers. However, the rules in the investment world are not as clear and fair as in football. Many former NFL players invest in legal businesses and lose all their savings because they fail to or put all of their eggs in one basket. Other former players who lack experience and knowledge in finance may be swindled quickly out of their money with big promises about eye popping returns. A person does not need to look too hard for examples of former players being cheated out of their money. Many of these stories involve unscrupulous individuals running purely illegal scams, such as the CEO of an Austin, TX based investment firm who was running a Ponzi scheme and convinced a former NFL quarterback (Jeff Blake) and a former NFL kicker (David Akers) to trust him with millions of their life savings.Another path for NFL retirees can be to start their own business. The success rate of new businesses, however, is in the single digits. Many football players assume that because they made it to the NFL and they have significant amounts of savings, they can venture into the business world without understanding all the risks and time involved with running a business. While there are articles in business magazines about former NFL players turned successful entrepreneurs, there are a lot more failures that rarely attract media attention.Brad Pyatt seemed destined to fit this whole pattern. Following a short, injury filled NFL career, Pyatt invested all of his savings in a company whose stock traded over the counter. The company soon went bankrupt, and Pyatt was forced to move back into his parents’ home in rural Colorado. Then Pyatt decided to start all over again with the help of a friend, running his own company this time out of his parents’ basement.Pyatt’s run in business, however, has been dramatically different than his terrible investment in the stock market. His company, MusclePharm, has only been in existence for a little over five years and already is it hoping to reach $100 million in sales in 2013.How Pyatt’s Background Led Him To MusclePharm After FootballPyatt may have had all the ingredients for success from his early years. He was raised in a hardworking middle class family in Arvada, Colorado. The year before going to college, Pyatt was 5’10" and less than 200 pounds and many people doubted he could succeed as a professional athlete. Even if he could make it on a team, due to his size, everyone believed that his career would be short. To his surprise, and that of his peers, he received offers from dozens of Division I colleges and eventually enrolled at Kentucky . After his college career, Pyatt was one of the small percentage good enough to play in the NFL. In 2003, Pyatt played for the Indianapolis Colts and during the 2006 2007 season for the Miami Dolphins, Pittsburgh Steelers, and St. Louis Rams. While playing for the Colts, Pyatt suffered a broken back. One of the culprits, according to Pyatt, was a sports supplement. Even though Pyatt was able to bench 400 pounds while weighing only 195 pounds, the team’s dieticians discovered that a supplement he was taking had caused his calcium levels to drop to extremely low levels and caused his health problems. The Colts recommended that he see a sports trainer and a herbal doctor. After this initial setback, Pyatt eventually made a return to the NFL, relying almost entirely on exercise and natural supplements.His history of success over adversity in professional football may have given Pyatt the confidence to pursue a career in business. In 2008, he and his partner, Cory Gregory, started MusclePharm. Because of his personal experience with injury caused by taking the wrong sports supplements, Pyatt and his company’s goals have been, from the start, to provide sports nutrition supplements that are safe, tested, and effective.How Pyatt Grew MusclePharm Into a $50+ million In Sales CompanyPyatt’s experience in professional sports has allowed him not only to Cheap Nike NFL Jerseys lead the company but to contribute to its daily operations. Pyatt and his team at MusclePharm know that in order to succeed in football and business you cannot cut corners.It is evident from many operational areas that Pyatt runs MusclePharm with high standards. MusclePharm has a five member board of directors, three of which are independent and an advisory body comprised of sports nutrition and pharmaceutical specialists. MusclePharm prides itself on being a NSF International and Informed Choice certified company. In addition, all of its products meet the National Nutrition Food Association’s good manufacturing practices and are manufactured in laboratories registered with the FDA. Finally, MusclePharm boasts a world class Sports Science Center located in Denver, Colorado where athletes and scientists collaborate to produce supplements that are both effective and meet the stringent restrictions of governing sports organizations. Sports Academy for safety and effectiveness following an extensive clinical trial.MusclePharm’s advertising budget is small. Instead of spending money on traditional ads, most people hear about MusclePharm’s products through word of mouth recommendations, and MusclePharm redirects advertising dollars to team and athlete endorsements. For example, it is the official nutrition company of the Ultimate Fighting Championship (UFC), and its products are endorsed by Michael Vick and the Cincinnati Reds. An independent study by Consumer Reports found that Michael Vick is one of the few celebrities with verified daily use of an endorsed nutritional supplement.Pyatt’s lack of formal business experience, however, caused a few setbacks at MusclePharm that, luckily, have been contained. For example, due to the rapid growth of the business and the need for capital, MusclePharm accepted financing terms that were very costly. Fortunately, Pyatt came to realize this, and, in 2012, he cleaned up the company’s balance sheet by eliminating expensive debt and highly dilutive warrants. Recently, the company initiated a 850 for one stock split that brought its stock price above $4 per share. This enables the company to meet one of the major requirements for listing on the NASDAQ stock exchange. Pyatt has stated that he is seeking to up list the company to a larger exchange in 2013 in order to attract the attention of institutional investors.Another problem for MusclePharm has been its long term manufacturing and distribution agreement. At the time of signing, MusclePharm had only $1 million in annual sales. As the company has grown to over $50 million in sales in relatively short period of time, the terms of that agreement have quickly become unfavorable, resulting in unusually high expenses for MusclePharm. After a professional career with the NFL, many former players fail in their professional Cheap nfl jerseys china endeavors or family lives. Brad Pyatt has been able to overcome all the difficulties in becoming a professional athlete and in starting a successful post football career. There is no guarantee that MusclePharm will ultimately emerge as a profitable venture, but so far Pyatt has been able to overcome most of the problems that plague post football businessmen. Hopefully, Pyatt and his company will continue to be positive examples for retired professional athletes embarking on new business ventures.Work in progress. Natural Protein SupplementsAll the Supplements in a Nut shell the Good and the Bad Be Ready for a Good Ride!An to Supplements and the Supplement IndustrySupplementation Series Part 1: to Supplements.
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