Former NFL player makes millions selling Pokémon cards in business

CNBC reports that Blake Martinez left a lucrative American football 🏈 career to start a Pokémon card trading business.

Image from pokemoncenter.com

He chose the cards, launching his company Blake’s Breaks in July 2022 and committing to it full-time in November. Over the past seven months, it’s brought in more than $5 million in revenue on collectible reselling platform Whatnot, according to documents reviewed by CNBC Make It.

CNBC (bold emphasis and color added).

Good for Blake. He took his earnings from football and has transformed that into a business he loves. With negative to mediocre investment returns in conventional investments, starting a business looks better every day.

I did some math. If Blake started selling $500 of Pokemon on day 1, and increased his earnings by 2.7% a day, he ends up with close to 5 million in 7 months. Read that again. 2.7% a day. I’m sure it wasn’t a smooth path to grow, maybe peaks and valleys, maybe some low sale days. The startup costs may have been large. The overall path is clear. Imagine getting positive 2.7% a day in bonds, commodities, or the stock market. Without having a highly skilled algorithm and deep pockets to trade 24×7 on your behalf, good luck and no chance on achieving similar results.

We’ll be exploring more on setting up your own business on the following days.

But the most common negative emotion—and the second most common emotion of any kind—was regret. The only emotion mentioned more often than regret was love.

Daniel H. Pink, The Power of Regret: How Looking Backward Moves Us Forward

Live a life with no regrets.

Sincerely yours,

smilingdad

Copyright © 2023 smilingdad. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of smilingdad, its owners, sponsors, affiliates, or subsidiaries.

Published by smilingdad

My story is one of tragedy and redemption. We've made many mistakes along the way regarding our money. Our goal here is to show you how to take care of your money life long, and as much as we can, help the Earth along the way. I call it sustainable personal finance and ethical capitalism. Currently, I am a part time writer for Cleantechnica and part-time licensed financial professional, along with being a full-time dad.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: