$350 Million Business Mogul Alex Rodriguez Once Shared Expertise on Managing Assets and Liabilities

During his lengthy and storied MLB career, baseball icon Alex Rodriguez continued to win on and off the field. With his talents on the field, he won numerous accolades to his name. Off the field, his investment firm, A-Rod Corp, was growing at an exponential rate. This helped A-Rod establish himself as an athlete and as well as a businessman. Notably, playing baseball and doing business were the only dreams that A-Rod had ever seen. And once he retired from the sport, the former Yankee devoted himself to his investment firm, A-Rod Corp. 

His business acumen has earned him a reputation as a savvy and successful entrepreneur. It has made him a sought-after mentor and advisor for the upcoming generations looking to succeed in the business world. Therefore, he is often found speaking at various events, sharing his experience, and advising those wanting to try their hand at business. One such moment came when he talked about assets and liabilities with his friend and colleague, Grant Cardone. 

What does Alex Rodriguez have to say about assets and liabilities?

Starting his business from scratch at the mere age of 18, A-Rod has seen many failures. But his strong work ethic, resilience, and determination brought his company, A-Rod Corp’s net worth, to over a billion dollars. Being a savvy businessman, Rodriguez has some strong connections in the business world, which makes him familiar with some of the best in the field, including the $600 million worth of Grant Cardone. 

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Almost three years ago, A-Rod appeared as a guest at Cardone’s 10x growth conference. There, the two masterminds talked extensively about what it means to be in business and almost everything that surrounds it. There, Cardone asked the former Yankee to speak about assets and liabilities. To which the ex-athlete said, “What you think is an asset is actually a liability, and what you think is a liability is actually an asset.”

Thereby giving the forthcoming entrepreneurs the teaching of looking at one’s assets as liabilities and vice versa to succeed in the business world. 

A-Rod has dipped his hands in various sectors of business!

Rodriguez’s first-ever business venture would be his real estate and investment firm, A-Rod Corp. In addition to this, he is the CEO of Presidente Beer. Not to forget, he also tried to buy the MLB franchise, New York Mets. After it failed, he went ahead and purchased the NBA’s Minnesota Timberwolves with the help of billionaire Marc Lore. 

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Aside from this, he has also invested in fitness centers, a men’s skincare line, and various others. 

What business do you want to see A-Rod try his hand at next? Let us know in the comments below!