Former NBA player Mark Blount continues to be successful off the court while being a phenomenal small business owner and real estate investor. Having a professional basketball career for 10 years, Mark Blount has played center for the Miami Heat and the Boston Celtics, just to name a few.
He recently did an interview on The Undefeated and said “I owned quite a bit of real estate in Palm Beach Gardens — seven build
ings. I went in there with a friend of mine. We renovated them, all the units there, and brought them back up to, back then it was 2012 code: new bathrooms, new floors, new kitchens and all that stuff,”. Blount then joined the soft-pretzel franchise Auntie Anne’s. He opened two stores in West Palm Beach and one in Jensen Beach, Florida. After building and operating the franchises for four years, he sold the stores to focus on real estate. He purchased them for a little under $700,000 and sold them for about $2M.
Mark and I discussed;
- Growing up and balling in NYC
- His first big contract
- Playing basketball overseas
- Avoiding the financial traps as an athlete
- First investment after his basketball career
- His business in real estate and getting into franchising
- and much more!
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