Serena Williams learned the importance of money management early in her teens, thanks to her father, Richard. This financial wisdom has greatly influenced her success in the business world. During an interview on Bloomberg Originals’ “The Deal” podcast, hosted by Alex Rodriguez and Jason Kelly, Serena shared memories of receiving substantial checks from major companies like Puma. According to Andscape, Serena earned an impressive $13 million over a five-year period with the apparel brand. These early experiences with significant earnings laid the foundation for her savvy business acumen and entrepreneurial ventures.
What’s more, the task of managing those earnings fell entirely on her.
“Literally, my first checks from whether it was Puma, like I got these huge checks. [My dad], he’s like, you figure it out. We had to figure it out,” Serena said on the podcast. “I’m literally living at his house in the bedroom next to Venus. I was 16 and he’s like, you know, most parents, you know, they take your money. They take something. But you know, he’s like, ‘You figure it out.’ And so I remember having to figure that out and having to learn how to manage from a very early age. Yeah. And not get crazy with it. And so he empowered us to do that.”
Serena additionally adds one more badge of exhortation she has applied progressively from her dad, which is to ensure her tennis profit are the littlest of her pay. As AFROTECH™ recently referenced, Williams procured $94.8 million in prize profit during her tennis vocation.
Today, she is supposedly worth $340 million, notes Forbes.
Serena has plainly surpassed assumptions in executing that exhortation, and this was made conceivable through in excess of twelve underwriting bargains, as well as her association in helping to establish organizations, for example, Will Perform and Nine Two Six Creations.
Besides, she has faired very well in the speculation domain, which for her is what she measures as progress.
“For my purposes, achievement right presently is having extraordinary ventures,” she told has Rodriguez and Kelly.
Serena drives her own funding firm, and through it and individual speculations she has financed 16 organizations that have happened to unicorn status.
