Unless you're one of the all-time greats, have a side hussle. Or do the "extra credit" things -- learn to film, edit, produce music for parts, the ins & outs of managing a skate shop, running a business, working with suppliers, writing contracts, designing skateparks, etc. There are limitless opportunities in the industry beyond just skating and getting footy if you're willing to find them. Never stop husslin. Or skatin of course. Peace & love yall!
Managing your finances should be something that is taught in high school. Budgeting, taxes, and investing are skills that could benefit everyone especially those that come into large sums of money at an early age.
I remember hearing Hosoi and Gator' making fun of Mullen for being a tight wad with his money back in the eighties. Yeah.......how'd that all play out?
Money really does need to be talked about in skateboarding more. These guys put their body on the line daily like any other athlete, they should get the same transparency afforded to any other professional athlete
They DO get the same transparency as other athletes…. No athlete in the NBA,NFL,MLB,or NHL get their hand held for free… they hire accountants and money managers. Skaters don’t make enough money to afford that type of service so that’s why they aren’t always investing
Being "broken" as a individual is low value. So it's hard to give em a large amount of money for that reason. Health is wealth, and skating makes our brains healthy as it hurts our body in the process so opportunities for larger checks makes less sense. I agree although. Skaters need more money. How do we feel after a week off
@@SilentShadeShua I mean… everyone “needs” more money. The skaters who have a large following make more than enough. As in almost all professions, the more money you make your company, the more money you will make yourself
As an older guy that got back into skateboarding who works in finance. Two thoughts: A. Important topic for anyone, period. B. Just because you are doing what you love does not mean you should not be compensated for your time and efforts. If you help one person get close to financial freedom, then guess what, they have more time to skate…. Love the show doods
this a good convo for young guys still chasing those skate dreams... nothing wrong with someone feeding their family from what they worked hard to develop. (especially something as gnarly as SKATEBOARDING) love seeing get people paid to do what they love.
99% of the critics complaining about money would sell out in a heartbeat if they were in the position to do so. It's always cool to pretend you're against making money until you actually need to have money. Listen to the guys, listen to Mikey and listen to your empty wallet. Money sucks but life sucks more without it.
Exactly, and the "gate keeping" aspect of the culture are changing that shit REAL quick and learning REAL quick. Shame Tony and others caught shit for it, but some of these dudes were younger, not financially aware and just bought into the whole narrative of "it's not cool to skate for money" and are assed out... Damn shame for literal LEGENDS to be dirt poor and shit now.... *NOW to be clear skating SOELY for money, of course is something to call out and that is dog shit, but those types will NOT last with how damn HARD it is to fucking skate. This shit is no joke and not only that, you will learn REAL quick this shit is NOT a money grab, not even close, far from guaranteed and so much more. There is virtually NO money at large to be living the lifestyles a lot of ppl want and think you will make because there are OUTLIERS that are in fact at the tope tier making a F* ton of money.
D Cross question for you. Do you think that in this industry, in this day and age. Selling out is sort of necessary? Also we must ask ourselves. What IS selling out within this industry.
@@phrank4899 “selling out” means doing something that goes against your morals for the sake of personal(usually monetary) gain. Idk about yall, but if I could make millions for riding my skateboard, that would not classify as selling out
I remember when I was in highschool knowing a bunch of super sick town heros with a bunch of sponsors and I just assumed they were banking out of control. One day we were making plans and one of the dudes was like "I can't do it, I have work all day tomorrow".. Turned out he worked minimum wage at sweet tomatoes. At the time that event and only getting small discounts from shop sponsors completely changed my outlook on skater pay. You could basically always get a bunch of product but the money just wasn't there.
I’m 19 years old, a sophomore in college, and have been skating sense I was 11 years old. I wanted to be pro when I started skating, but my father never supported me. However my mom did. Nevertheless, the main thing my parents taught me was how to manage your money in life period. Managing your money is suppose to come from home and your own mistakes. Going to college for my Bachelors and furthering into my Masters for graduate school is teaching me more than just skating. It’s much more to life than skating. Skating is the shit, but it’s not always about the money. You must have a greater ambition in whatever career you decide to take on, and always remember that nothing last forever.
It’s good to hear you guys speak about this part of skating! Rarely do we hear skaters talk about money, investments, poor life choices, etc. when it comes to finances. I think there is a stereotype that suggests skaters are like rock stars and that everyone has a Tony Hawk checking account when in all honesty some pro skaters be wondering when the next check will be showing up. You feel blessed once hot check day comes so you can get some groceries to feed yourself! This is what people need to hear!
I am bad at skateboarding, but I have a shit ton of fun doing it, and I get to do it with no expectations. I'm 30 and have a career in construction, and am now going back to college to have a different career. I think it would be cool af to be a pro caliber skater, but I think its equally cool to be able to skate when and how I want with no pressure to perform. I think it's fantastic advice to literally all youth to become financially literate at the very least. If you are good enough to make good money at anything you have to pay yourself first and then you can indulge a little.
The topic not only goes for skateboarding but it also goes for whether you want to be your own boss/do your own thing. I just like how they tell it like it is, it's very motivating and very helpful words of encouragement and wisdom
Most of us won’t make a single dollar from skateboarding, but it’s still interesting and applicable to other occupations as well. But yeah, when you’re involved in an activity that almost guarantees regularly occurring injuries and has such a short time span, it’s an important conversation to have. I remember when Frankie Hill injured his knee, and hearing about how everything went sideways fast.
I honestly don’t know what goes through the heads of young skate bums who up and move to California with their buddies only to sleep on a mattress on the floor in a kitchen with 8 other guys and no job just to try to make it with no back-up plan. Maybe some get jobs on the side, but knowing how fucking ridiculously expensive California is, and how saturated the skateboarding market is, it’s a brain dead decision. It’s not the 90’s anymore. Good skateboarders are a dime a dozen and you’re not gonna cool guy your way through the California scene. Have other interests other than skateboarding. Have a job that supports your habit of skateboarding. Skateboarding is a passion, but know the realities of what it is. There’s more to life than skateboarding. You’re nothing more than a walking billboard if you’re lucky enough to make it to the pros. You are a marketing tool for companies to make money. I commend guys like Westgate who started his own cranberry business on the side. Or Garrett Hill who does medical radiology shit now. Those dudes are way more interesting than the Slap lifers who do nothing but skate and smoke weed. Cool. You can kickflip and you don’t take showers. You’re so awesome… I bet chicks are flocking… All of this is to say, love skateboarding, but don’t be an idiot. Make reasonable life decisions.
I agree. As an East Coast skate rat, I always wanted to live in California and skate the famous spots. But I knew that couch hopping with my buddies and struggling with low-paying jobs in Cali was never it. So I got fairly smart and got a job as a space support analyst in California. Now I live in a pretty nice house, with a space career, and still get to skate all over Los Angeles.
@@moldyrefrigerator You could never be pro though. That's the difference, a lot of these hungry guys are willing to struggle to try and make it. College and the career don't fade away like the chance of being a pro does past a certain age.
LOOOOOOOOOOVE YOU GUYS!!! Been watching this show for some time now. Fan for life!. I been skateboarding off and on since I was 13. I'm 40 now. So cool to see you guys cover so much stuff. Been watching you guys skate since back in the day and I've actually met Eldy back in early 2000's in Houston TX for the make a wish foundation skate jam. Nicest dude ever!! Keep up the awesome job my dudes!!!
I feel like the pushback comes from the discrepancies and inequalities created by money, sometimes regardless of talent. Also when you talk about something that you passionately love, as we all do with skateboarding, money will be a contentious topic. That being said, it should totally be talked about and I commend you guys for doing so.
As a skater and a financial planner i loved this talk, kids need to understand how money works and keep it real, shouldnt be a taboo, specially in this line of work with all the medical bills lol.
Yooo guys just want to say I love everything you guys do and will always tune in. I grew up skateboarding and snowboarding. Working at Sun Diego (local shop on SD) and swore I would be doing that forever. Ended up going to school and became and accountant and now work for Intuit who just acquired Credit Karma haha! Keep speaking the truth guys! Love it!
This is why the intro to Bunny Hop is one of the realest best intros to a skateboard video ever. "We just dont got it, you got to go out there and get it!" I recall one of the first episodes you guys did involved someone talking about being some kind of financial advisor for the skate community but he got washed away in our goldfish memories.
It doesn’t matter what you do if you work for someone else you won’t get rich. The key is to start your own retail company or management company. The suits always make the lion share of profits. Being a “sellout” means you stop doing what made you famous and make money off of others. If you still work your craft while owning a company you are a genius not a sellout. SUPPORT SMALL BUSINESS!
Most young pro and sponsored skaters have never had a real job and or any real responsibilities. They don’t understand how the real world works and are still living in a childhood fairytale.
That's why I chose a different route and got into building my own business and acquiring assets in my 20's and 30's while still skating. I wanted freedom and abundance in every area of my life and I didn't want money to motivate me in skating. Being in my 30's I can skate everyday and travel while living on passive income from both my assets and my business. And remember, you can make money in skating and still be financially illiterate and end up broke. As you mature and get older you realize that having skills outside of skateboarding is crucial. I know of many people in their late 20's and early 30's who barely have any assets and are still chasing the skate dream. At a certain age you have to get real and ask yourself at what age are you going to consider skills outside of skating that give you financial abundance on top of giving you the freedom to skate everyday. You'd be surprised to know that most of your favorite pros have a second job outside of skateboarding to cover their bills.
Shout out to you guys for bringing this up. Kids need this. I wish I had this video when I was younger. But I had my mom. She thought me how to budget and she literally told me skateboarding doesn’t make sense it won’t make you money. I didn’t understand what she meant then now I do. She was talking about the taxes the chips you get get. After all that your broke. At the end of the Stack your bread so you can enjoy skateboarding as long as you can.
I had a skate shop sponsor once. That was my height 🤷♂️ I got a board once a month. When the shop closed, the best thing I wound up getting like 8 years later was free grip tape 🤷♂️😆 but I never really cared about that shit. I just wanted to skate
I remember when I was a little kid I would film skate videos and show my videos to local skate shops trying to get sponsored. I couldn’t even kickflip. I wonder what those people thought. Lol.
Reminds me of when I came in third in a “contest” at a local shop. It was a glorified session, but I thought Powell or Santa Cruz was gonna snap me up and pay me that Hosoi money.
Dude don't feel embarrassed. I did the same damn thing. I remember my best trick in the video I made was a kickflip bs 5050 on a curb lol. I showed it to one skate shop in my local mall and the best they would do for me was give me a 10% discount on anything in the store any time I came in lol. Hard to believe that was 22 years ago
Can't Wait!! to talk about & have some exciting ideas come to life that I truly believe will prosper the Skateboarding World, Culture, and Progression . Meetings, deals, structuring, financing, building, and finally elevation after execution... all for the LOVE. (Not for the spotlight, For a deeper unity in our lives in aspect of transcending any language BERRier😏as we always have) For the greater good of growth in Skateboarding. These intentions fuel my souls' existence. As a thank you & pay it forward, I have to DIY this gap, for all that Skateboarding has given, shown, taught, and made me earn in my life. I want The Nine Club involved. 1,000%🤜🤛
It’s pretty funny how the circle of skateboarding works. It’s good, then it’s gone, no wait! It’s back. But only if you’re on street. Now it only works if you scape vert. Now it’s gone. No wait it’s back. How is it that no one can figure out how to make it stay? It’s simple. The nuclear family. That is key. But the moment you try to bring in family, they consider you a sell out. Then skateboarding goes away. And then a generation later it comes back. It’s not a sport. It is a sport. It’ll never be a sport. It could be a sport? Can’t it? It’s not a sport. It must be core. It must stay in backyards and never come out. Street skating is a real sport. It’s not a sport. Well what about skating ramps? It’s still not a sport. It’s in the Olympics? But it’s not a sport. Skateboarding goes away. And then it comes back. And then it goes away. What the hell is going on here? No nuclear family it is a puppet show for those with a big wallet who have nothing to do with skateboarding. History is key here. Our future is approved by its past. Bring it to the nuclear family. Open it up to our children so Skate parents can enjoy their children progressing. Bring it to the community at its core. Because if you’re not going to be a part of a community, you don’t exist. When you get to a certain age, and no one is following, what happens? It goes away. Look at our past. We’ve had concrete skate parks before. Where did they go? The people who grew up skating them, grew up. There was no chain of generation next to follow. It’s just how it works. That’s why it’s important to be a part of a recreation center. It’s important to become a part of your community. In the end it all boils down to the same thing. If you like something and you don’t bring someone else in, it goes away. If you bring someone in and you don’t bring their mom and dad in. They could talk their kid out of it. But when we’re all in this together. When I skateboarder becomes a hero. When the parents are proud of their skating. When the nuclear family is involved in skateboarding and it becomes a community sport. That is when everything will change. I know, I’m wrong! LOL I’ve been skateboarding since 1970/1973. I was born in 1963. I’ve seen a lot happened in the sport. I love skateboarding and have given everything I can to progress the sport in every way I thought possible. My parents did the same for me. Who’s turn is it now? We can keep complaining or we can get down to brass tacks. It is exactly what we make it. It’s OK to have a back ramp and say I’m core. And it’s OK to form a little league style skateboard league for your children. What we put into this sport is exactly what will get out of it. Whether you just have a backyard ramp, or you push city skate parks. Or maybe elementary schools and high schools. In the end you’ll find out. If you apply everything that you believe into the sport that is what you’ll get in return. I was always hoping for the sport to get into the Olympics. What an embarrassment. Why? Because the people who got involved we’re not skateboarders. Who’s fault is that? It’s yours. This is your sport. On your watch you let that slip by. And no one said a word. You could have, but you didn’t. I’m talking to you. All of us as a society. Because skateboarding is it’s own society. And if we’re not going to come together and figure these things out. lol we’re going to be just like the yo-yo. We’re in, we’re out. And that’s my two cents LOL
The levels thing is real. theres so much more to these sport structures that kids dont really see. Im not the worlds best bodyboarder or anywhere close to it, but My passion and skill set got me connected with the right people who were able to get me a gig as a sales rep for multiple companies, which I took and grew into running an international contest organization. So now the majority of my life revolves around bodyboarding. Also the part about the tasks your sponsors ask you to do, is super key. the guys who get treated the best are the ones who know when its time to put the work in. the point of being sponsored is being a bilboard for a brand. if you arent actively promoting the products in a positive way you arent gonna last long
In this day and age, with skating as big as it's ever been, there's no reason why a lot of these huge companies can't offer health insurance and 401K. The whole "independent contractor" thing is just a way for these corporate sponsors to make the most money they possibly can, while paying their workers the least amount they possibly can. Without the actual skaters, a lot of these brands are out of business. They sacrifice their health, and all of their time for minimum wage and some free product, while their corporate sponsors are making millions. Skaters should have a union.
“It goes deeper than a hobby, it goes deeper than a job or what we have to do to make money.. If we’re never to make money we’ll still be Skateboarding.” - Christian Hosoi
Same w music! But there’s more to it than kickflipping for a dollar! Marketing, promo, business… ultimately it’s an INDUSTRY & there’s a lot of room for us! Just find it, put in the work and be happy!
Remember in highschool they taught business math, taught how to manage money, balance check book, how to buy a vehicle, all the "secret" charges. Really helped, guess that's why they got rid of it.
Those guys are the extreme exception, but kids think all pro skaters make money like those guys do. Nyjah makes a lot of money by winning contests, which has lead to lucrative sponsorship deals. And he has earned that money and the lifestyle, which seems many would want: big house, nice cars, and a parade of babes in bikinis. And yet, skaters think that could/should be done by riding for an obscure and/or 'super-core" board company. But many of those who complain about it, would love to live it.
This indicative of many industries creative people aspire to. Music, art, fashion, etc. I count skating even tho its a sport because of the cultural ethos involved. Point blank ur going to need a job, so get one. Keep pursuing ur dream while building financially in other ways. Careers in these industries ebb n flow. Almost noone makes enough to retire off it alone. Those that due u may not even wanna be in their shoes. Do it for the love.
Shit tbh I just wanted to skate and travel but then I ended up growing up. I still skate but it’s hard for me to find times to still get clips while pushing myself
Not talking about how much you back only benefits your employer, whether you work in a warehouse or skate professionally. Worthwhile conversation, I love the industry talk.
There also needs to be people in the industry that help ams and even pros to leverage their short careers as athletes to study or train to gain skills to where they can transition into long-term careers.
I love skateboarding. Always have, always will. I used to think pro skaters were filthy rich growing up. I guess from the lifestyle I saw some of them living at the height of their careers. Going pro was a dream I had for a very long time, but I had a lot of negative feedback from family members. It would sit in my head while I skated. I was good, but I wasn’t the guy who was going to win a contest at every contest I entered. I knew that. I only ever won one. I really liked putting boards together and working with tools which translated into cars and mechanics. Eventually, I got really good at that. I found a really good job with benefits and learned about finances. I look back on all of that from time to time. Now hearing a well respected group of pro skaters talking about the money side of skating I’m surprised at how untrue my thoughts were about pro skaters and money. It’s cool knowing I did come up on the best side of the two dreams I had. I’m pretty sure if I had stuck with skating I’d be in a different situation, and like you guys said I wouldn’t have met the people who were going to push me to be intentional with money.
I know a thirty year old maybe 31 now . he literally is still skating outside of his moms 2 bed room apartment in the hood, He won't listen that It is never happening. Uses skate dream as an excuse to remain a complete bum. Imagine having an 11 year olds mind at 31. IG is making ppl delusional. So many broken kids growing up real sideways these days
This may make me sound like a true old timer (I'm 36), I'm so glad that I got into skateboarding pre-smart-phone camera days. I skated almost every single day for 5 years and I have zero footage of any of it. The only cameras out at the spot were some kid's parent's handicam that he snuck out of the house, used by the least talented skater in the group (what he lacked in skills, he made up for in shooting!) and editing involved mastering the pause button on a VCR to compile the landing clips, adding music was an RCA cable from the CD player to VCR. Haha. I mean, yeah, its sad that I have no video of me skating or my friends, but I'll never forget all of the fun we had - never reaching for sponsorships, let alone money.
Skateboarding as a market is unpredictable. If you have a niche item that flows income, you are made but be cautious and keep innovating. Great example is the thrasher t-shirt and santa cruz T-shirt. Those are trendy and non-skaters pay to wear it, and that cash flow becomes a good source of revenue (a constant paycheck). Marketing can be very powerful if you know how to use it.
@@timburrow2996 to be honest bro there’s so much opportunity in trucking weather you have a cdl , class A or class B. If you wanna get your cdl start looking in to schools and companies cause I kno there’s companies that will pay for your school so do your research throughly before signing a contract with any companies but once you got that cdl and you get through your newbie phase it’ll be smooth sailing. I personally don’t have a cdl I have a class B and work for a company that puts me over the road in a day cab and in hotels at night and it’s been great I’ve been able to go to so many different parks and meet so many cool people all over the country all while getting paid.
@@destructionman1 my favorite thing is definitely being able to like really see how beautiful the United States I’ve been to some of the most beautiful places man I couldn’t believe such beauty existed and my least favorite thing is spending my weekends on the road sometimes during a light week it’s not bad cause extra money but after a long week I don’t even wanna drive my car 😂
Imagine if there was a pro skaters union. I'm not sure if it's even possible at this point.... but I'm tired of seeing the dudes we looked up to struggling in their middle to senior ages. Skate companies need health benefits, 401Ks, retirement benefits, etc. How does this get accomplished? Too many of these guys are patronized for their sacrifice.
@@junkfoodeater absolutely...the onus is on the companies, especially the big companies... to hire pros as full time workers not independent contractors. They need retirement benefits, 401Ks, the whole nine. Especially if said skater has been a pro for over a year, he/she should be converted to a Full Timer with benefits... if they so choose. This really helps the dudes that are still dope skaters but won't ever end up with the opening or final video part.
There's no money in skateboarding. 1000's of companies have disappeared. Look at the total subscribers to the Nine Club = 119K. These guys are awesome and they just don't have enough eyeballs to make good money.
I worked in skate shops all through college. There’s no money in skateboarding, big brands like Nike and adidas have no problem but straight up skate brands barely get by. Plus the skate brand market is so saturated, seems like everyone has a skate brand.
@Guj 100% it’s really only the contest skaters that make legit money. I remember when X games first showed up, there were all these C tiered pros entering and they’d get like 4th place which would be like 10 grand. Do that enough times and boom, low six figure income and no leg breaking video parts.
The nine club skate management. Collaborate and help the younger crews. Basic business structure helping with contracts, PR and finances. It's big bucks these days but most guys are clueless until 25 or even 30.
My school had personal finance classes I took them when I was going to high school when I was graduating they were making it a class that you need to take before graduating
just noticed while watching this piece of making money as a skateboarder and see Juneshine, Nora got the memo on how to expand beyond traditional skate brands.
My theory is core skaters have resentment towards RUclips skaters because RUclips skaters came in the game prepared with investment website and product already set to go vs a core skater had to practically stick around like a roach to see if people liked them
Here are my ideas for a young AM or pro skater. Say you’re getting free decks, wheels or trucks. Take that $ you were going to spend on that gear and put it into a high yield savings account. Your prize money from contests put away 10% of it at least. If you’re getting Per Diems spend below that amount so you pocket the rest. Gene Simmons from KISS said it best. Live below your means not at them.
wealth tends to be generational because it goes way beyond just "working hard". successful parents will teach their children how to manage money as well, beyond just any type of inheritance... working hard is no guarantee to be wealthy or financially successful... you have to know what to do with the money you have. its not always easy or obvious its a skill that needs to be taught/learned...
If you're elite you are making money. If you are not elite,you're not making money. Is that simple. But you can make a lot off connections trough skateboarding and later those connections can help you get a job. That's the reality. Also,I feel like this group doesn't give Kelly the respect he deserves because in my opinion he's the best skater among them.
when kids tell me they are gonna become rich skating and I tell them the reality they always cuss me out... they wont listen even if someone is willing to teach
Been skateboarding since I was, let’s just say 12 now 26 im not bad by no means but I’m not great I worked very hard to get at this point nd sucks that I’m this old and it almost seem like it’s counterproductive to skateboard at this point in time for me bc it don’t make any money
I see pro skaters like professional musicians. If you love music/performing, you're going to keep doing it no matter what. Skaters are the same, they would be skating whether they made money off it or not.
Problem is that we live in society which economic system is revolving around investing. So its pretty hard to save some money for retirement without investing. Other problem is difficulty for people to think long term. We mostly think short term only, specially in teen years.
sometimes we only make enough money to think short term as well.... working hard is no guarantee of ever getting ahead, even though it really should be.
Just like Andrew Huberman saying he is always there for the skaters if they need help. Trust your community. Which makes me wonder if another skater who is smart with their finances could end up starting a management agency and financial advisor firm for the skate industry.
![How to Get a Developer Job - Even in This Economy [Full Course]](http://i.ytimg.com/vi/6nz8GXjxiHg/mqdefault.jpg)
Unless you're one of the all-time greats, have a side hussle. Or do the "extra credit" things -- learn to film, edit, produce music for parts, the ins & outs of managing a skate shop, running a business, working with suppliers, writing contracts, designing skateparks, etc. There are limitless opportunities in the industry beyond just skating and getting footy if you're willing to find them. Never stop husslin. Or skatin of course. Peace & love yall!
Managing your finances should be something that is taught in high school. Budgeting, taxes, and investing are skills that could benefit everyone especially those that come into large sums of money at an early age.
True but I would be stoned under the bleachers anyway 🤷♂️
I inherited 2 million at 18 and blew it before I turned 25 😔
they do teach it in some, but we be ignoring the knowledge at an early age for some reason.
Word! In my high school we only had a finance class as an elective, if I remember correctly. But it should be a mandatory class
Why teach everyone that? That would make us more equal and on the same level, there's a reason there's a 1%
I remember hearing Hosoi and Gator' making fun of Mullen for being a tight wad with his money back in the eighties.
Yeah.......how'd that all play out?
hosoi is doing fine.... gator not so much
Money really does need to be talked about in skateboarding more. These guys put their body on the line daily like any other athlete, they should get the same transparency afforded to any other professional athlete
When Vincent Milou came on the show and talked about the aftermath of his slam at Clipper, that's exactly what I thought.
They DO get the same transparency as other athletes…. No athlete in the NBA,NFL,MLB,or NHL get their hand held for free… they hire accountants and money managers. Skaters don’t make enough money to afford that type of service so that’s why they aren’t always investing
Being "broken" as a individual is low value. So it's hard to give em a large amount of money for that reason. Health is wealth, and skating makes our brains healthy as it hurts our body in the process so opportunities for larger checks makes less sense. I agree although. Skaters need more money. How do we feel after a week off
@@SilentShadeShua I mean… everyone “needs” more money. The skaters who have a large following make more than enough. As in almost all professions, the more money you make your company, the more money you will make yourself
@@themagicalmilkshake we all want more money past our covered needs and personal expenses of life?
As an older guy that got back into skateboarding who works in finance. Two thoughts:
A. Important topic for anyone, period.
B. Just because you are doing what you love does not mean you should not be compensated for your time and efforts.
If you help one person get close to financial freedom, then guess what, they have more time to skate….
Love the show doods
this a good convo for young guys still chasing those skate dreams...
nothing wrong with someone feeding their family from what they worked hard to develop. (especially something as gnarly as SKATEBOARDING)
love seeing get people paid to do what they love.
99% of the critics complaining about money would sell out in a heartbeat if they were in the position to do so.
It's always cool to pretend you're against making money until you actually need to have money. Listen to the guys, listen to Mikey and listen to your empty wallet. Money sucks but life sucks more without it.
well said!!
Exactly, and the "gate keeping" aspect of the culture are changing that shit REAL quick and learning REAL quick. Shame Tony and others caught shit for it, but some of these dudes were younger, not financially aware and just bought into the whole narrative of "it's not cool to skate for money" and are assed out... Damn shame for literal LEGENDS to be dirt poor and shit now.... *NOW to be clear skating SOELY for money, of course is something to call out and that is dog shit, but those types will NOT last with how damn HARD it is to fucking skate. This shit is no joke and not only that, you will learn REAL quick this shit is NOT a money grab, not even close, far from guaranteed and so much more. There is virtually NO money at large to be living the lifestyles a lot of ppl want and think you will make because there are OUTLIERS that are in fact at the tope tier making a F* ton of money.
D Cross question for you. Do you think that in this industry, in this day and age. Selling out is sort of necessary? Also we must ask ourselves. What IS selling out within this industry.
Money does not suck
@@phrank4899 “selling out” means doing something that goes against your morals for the sake of personal(usually monetary) gain. Idk about yall, but if I could make millions for riding my skateboard, that would not classify as selling out
I remember when I was in highschool knowing a bunch of super sick town heros with a bunch of sponsors and I just assumed they were banking out of control. One day we were making plans and one of the dudes was like "I can't do it, I have work all day tomorrow".. Turned out he worked minimum wage at sweet tomatoes. At the time that event and only getting small discounts from shop sponsors completely changed my outlook on skater pay.
You could basically always get a bunch of product but the money just wasn't there.
RIP Soup Plantation
I’m 19 years old, a sophomore in college, and have been skating sense I was 11 years old. I wanted to be pro when I started skating, but my father never supported me. However my mom did. Nevertheless, the main thing my parents taught me was how to manage your money in life period. Managing your money is suppose to come from home and your own mistakes. Going to college for my Bachelors and furthering into my Masters for graduate school is teaching me more than just skating. It’s much more to life than skating. Skating is the shit, but it’s not always about the money. You must have a greater ambition in whatever career you decide to take on, and always remember that nothing last forever.
It’s good to hear you guys speak about this part of skating! Rarely do we hear skaters talk about money, investments, poor life choices, etc. when it comes to finances. I think there is a stereotype that suggests skaters are like rock stars and that everyone has a Tony Hawk checking account when in all honesty some pro skaters be wondering when the next check will be showing up. You feel blessed once hot check day comes so you can get some groceries to feed yourself! This is what people need to hear!
I am bad at skateboarding, but I have a shit ton of fun doing it, and I get to do it with no expectations. I'm 30 and have a career in construction, and am now going back to college to have a different career. I think it would be cool af to be a pro caliber skater, but I think its equally cool to be able to skate when and how I want with no pressure to perform. I think it's fantastic advice to literally all youth to become financially literate at the very least. If you are good enough to make good money at anything you have to pay yourself first and then you can indulge a little.
The topic not only goes for skateboarding but it also goes for whether you want to be your own boss/do your own thing. I just like how they tell it like it is, it's very motivating and very helpful words of encouragement and wisdom
Appreciate this convo. Wish I had got this kind of guidance ten years ago.
"If you pay attention, great. If you don't, it was meant to be that way". Jeron summing it up reaaalll well!
More discussion topics like this please! You guys always keep it organic one hundred percent.
Most of us won’t make a single dollar from skateboarding, but it’s still interesting and applicable to other occupations as well. But yeah, when you’re involved in an activity that almost guarantees regularly occurring injuries and has such a short time span, it’s an important conversation to have. I remember when Frankie Hill injured his knee, and hearing about how everything went sideways fast.
I honestly don’t know what goes through the heads of young skate bums who up and move to California with their buddies only to sleep on a mattress on the floor in a kitchen with 8 other guys and no job just to try to make it with no back-up plan. Maybe some get jobs on the side, but knowing how fucking ridiculously expensive California is, and how saturated the skateboarding market is, it’s a brain dead decision. It’s not the 90’s anymore. Good skateboarders are a dime a dozen and you’re not gonna cool guy your way through the California scene. Have other interests other than skateboarding. Have a job that supports your habit of skateboarding. Skateboarding is a passion, but know the realities of what it is. There’s more to life than skateboarding. You’re nothing more than a walking billboard if you’re lucky enough to make it to the pros. You are a marketing tool for companies to make money. I commend guys like Westgate who started his own cranberry business on the side. Or Garrett Hill who does medical radiology shit now. Those dudes are way more interesting than the Slap lifers who do nothing but skate and smoke weed. Cool. You can kickflip and you don’t take showers. You’re so awesome… I bet chicks are flocking… All of this is to say, love skateboarding, but don’t be an idiot. Make reasonable life decisions.
Meanwhile Sweden is making scholastic skateboarding infrastructure.
I agree. As an East Coast skate rat, I always wanted to live in California and skate the famous spots. But I knew that couch hopping with my buddies and struggling with low-paying jobs in Cali was never it. So I got fairly smart and got a job as a space support analyst in California. Now I live in a pretty nice house, with a space career, and still get to skate all over Los Angeles.
@@moldyrefrigerator You could never be pro though. That's the difference, a lot of these hungry guys are willing to struggle to try and make it. College and the career don't fade away like the chance of being a pro does past a certain age.
You must be fun at parties... Not everyone wants safe life i say chase your dreams to the fullest
LOOOOOOOOOOVE YOU GUYS!!! Been watching this show for some time now. Fan for life!. I been skateboarding off and on since I was 13. I'm 40 now. So cool to see you guys cover so much stuff. Been watching you guys skate since back in the day and I've actually met Eldy back in early 2000's in Houston TX for the make a wish foundation skate jam. Nicest dude ever!! Keep up the awesome job my dudes!!!
I feel like the pushback comes from the discrepancies and inequalities created by money, sometimes regardless of talent. Also when you talk about something that you passionately love, as we all do with skateboarding, money will be a contentious topic. That being said, it should totally be talked about and I commend you guys for doing so.
Ps just a reminder these guys said AMS SHOULD NOT get paid
most of them said filmers should do it for the love...not the money.
As a skater and a financial planner i loved this talk, kids need to understand how money works and keep it real, shouldnt be a taboo, specially in this line of work with all the medical bills lol.
Yooo guys just want to say I love everything you guys do and will always tune in. I grew up skateboarding and snowboarding. Working at Sun Diego (local shop on SD) and swore I would be doing that forever. Ended up going to school and became and accountant and now work for Intuit who just acquired Credit Karma haha! Keep speaking the truth guys! Love it!
How did you snowboard in San Diego? Did you travel to NorCal to do that?
@@MrJfergs I would hit up Bear Mtn. Was like 3 hours away
@@MrJfergs There's mountain ranges all around this state
@@Y0utubeIsFuckingHomo you guys are lucky I am stuck up here in Canada were we it's freezing and the mountains aren't very big.
This is why the intro to Bunny Hop is one of the realest best intros to a skateboard video ever. "We just dont got it, you got to go out there and get it!" I recall one of the first episodes you guys did involved someone talking about being some kind of financial advisor for the skate community but he got washed away in our goldfish memories.
It doesn’t matter what you do if you work for someone else you won’t get rich. The key is to start your own retail company or management company. The suits always make the lion share of profits. Being a “sellout” means you stop doing what made you famous and make money off of others. If you still work your craft while owning a company you are a genius not a sellout. SUPPORT SMALL BUSINESS!
Most young pro and sponsored skaters have never had a real job and or any real responsibilities. They don’t understand how the real world works and are still living in a childhood fairytale.
Im just happy they can do it and enjoy life, its great actually that they can do it…
But that fairytale opens up doors that you could never even imagine
yeah, thats pretty much all young people ever, whats your point?
are you saying they didnt work hard???
Thank you for your teaching zen master
That's why I chose a different route and got into building my own business and acquiring assets in my 20's and 30's while still skating. I wanted freedom and abundance in every area of my life and I didn't want money to motivate me in skating. Being in my 30's I can skate everyday and travel while living on passive income from both my assets and my business. And remember, you can make money in skating and still be financially illiterate and end up broke. As you mature and get older you realize that having skills outside of skateboarding is crucial. I know of many people in their late 20's and early 30's who barely have any assets and are still chasing the skate dream. At a certain age you have to get real and ask yourself at what age are you going to consider skills outside of skating that give you financial abundance on top of giving you the freedom to skate everyday. You'd be surprised to know that most of your favorite pros have a second job outside of skateboarding to cover their bills.
You do need to invest, saving is not enough. Inflation will kill any savings.
My dream is to work in some aspect of skateboarding , doesn't matter what part .
You probably could work in a warehouse tomorrow if you wanted. Go apply.
Editing 👀
I appreciate you guys being real and open. And teaching a great lesson. Thank you 🙏🏾
Shout out to you guys for bringing this up. Kids need this. I wish I had this video when I was younger. But I had my mom. She thought me how to budget and she literally told me skateboarding doesn’t make sense it won’t make you money. I didn’t understand what she meant then now I do. She was talking about the taxes the chips you get get. After all that your broke. At the end of the Stack your bread so you can enjoy skateboarding as long as you can.
Nah Jeron you were the man with a IS300, still a great car
I had a skate shop sponsor once. That was my height 🤷♂️ I got a board once a month. When the shop closed, the best thing I wound up getting like 8 years later was free grip tape 🤷♂️😆 but I never really cared about that shit. I just wanted to skate
I remember when I was a little kid I would film skate videos and show my videos to local skate shops trying to get sponsored. I couldn’t even kickflip. I wonder what those people thought. Lol.
Reminds me of when I came in third in a “contest” at a local shop. It was a glorified session, but I thought Powell or Santa Cruz was gonna snap me up and pay me that Hosoi money.
Haha that's funny as hell man.
Did they humor you about it? "Ohh yeah man, we'll pass this along" lol
Dude don't feel embarrassed. I did the same damn thing. I remember my best trick in the video I made was a kickflip bs 5050 on a curb lol. I showed it to one skate shop in my local mall and the best they would do for me was give me a 10% discount on anything in the store any time I came in lol. Hard to believe that was 22 years ago
@@DeanWhipper nah they just said to work on flip tricks and do bigger stuff. Haha.
Can't Wait!! to talk about & have some exciting ideas come to life that I truly believe will prosper the Skateboarding World, Culture, and Progression . Meetings, deals, structuring, financing, building, and finally elevation after execution... all for the LOVE. (Not for the spotlight, For a deeper unity in our lives in aspect of transcending any language BERRier😏as we always have) For the greater good of growth in Skateboarding. These intentions fuel my souls' existence. As a thank you & pay it forward, I have to DIY this gap, for all that Skateboarding has given, shown, taught, and made me earn in my life. I want The Nine Club involved. 1,000%🤜🤛
If someone has the talent and drive, go for it. Skateboarding is one of the few things on this Earth where we will recognize the steeze.
Thanks for this talk!
Really needed to hear this, especially coming from a relatable set of dudes
It’s pretty funny how the circle of skateboarding works. It’s good, then it’s gone, no wait! It’s back. But only if you’re on street. Now it only works if you scape vert. Now it’s gone. No wait it’s back. How is it that no one can figure out how to make it stay? It’s simple. The nuclear family. That is key. But the moment you try to bring in family, they consider you a sell out. Then skateboarding goes away. And then a generation later it comes back. It’s not a sport. It is a sport. It’ll never be a sport. It could be a sport? Can’t it? It’s not a sport. It must be core. It must stay in backyards and never come out. Street skating is a real sport. It’s not a sport. Well what about skating ramps? It’s still not a sport. It’s in the Olympics? But it’s not a sport. Skateboarding goes away. And then it comes back. And then it goes away. What the hell is going on here? No nuclear family it is a puppet show for those with a big wallet who have nothing to do with skateboarding. History is key here. Our future is approved by its past. Bring it to the nuclear family. Open it up to our children so Skate parents can enjoy their children progressing. Bring it to the community at its core. Because if you’re not going to be a part of a community, you don’t exist. When you get to a certain age, and no one is following, what happens? It goes away. Look at our past. We’ve had concrete skate parks before. Where did they go? The people who grew up skating them, grew up. There was no chain of generation next to follow. It’s just how it works. That’s why it’s important to be a part of a recreation center. It’s important to become a part of your community. In the end it all boils down to the same thing. If you like something and you don’t bring someone else in, it goes away. If you bring someone in and you don’t bring their mom and dad in. They could talk their kid out of it. But when we’re all in this together. When I skateboarder becomes a hero. When the parents are proud of their skating. When the nuclear family is involved in skateboarding and it becomes a community sport. That is when everything will change. I know, I’m wrong! LOL I’ve been skateboarding since 1970/1973. I was born in 1963. I’ve seen a lot happened in the sport. I love skateboarding and have given everything I can to progress the sport in every way I thought possible. My parents did the same for me. Who’s turn is it now? We can keep complaining or we can get down to brass tacks. It is exactly what we make it. It’s OK to have a back ramp and say I’m core. And it’s OK to form a little league style skateboard league for your children. What we put into this sport is exactly what will get out of it. Whether you just have a backyard ramp, or you push city skate parks. Or maybe elementary schools and high schools. In the end you’ll find out. If you apply everything that you believe into the sport that is what you’ll get in return. I was always hoping for the sport to get into the Olympics. What an embarrassment. Why? Because the people who got involved we’re not skateboarders. Who’s fault is that? It’s yours. This is your sport. On your watch you let that slip by. And no one said a word. You could have, but you didn’t. I’m talking to you. All of us as a society. Because skateboarding is it’s own society. And if we’re not going to come together and figure these things out. lol we’re going to be just like the yo-yo. We’re in, we’re out. And that’s my two cents LOL
I’ll never truly understand why someone with no money would be so jaded about something as important as money when it comes to taking advice.
denial
Eldy such a G sharing the wealth back then
The levels thing is real. theres so much more to these sport structures that kids dont really see. Im not the worlds best bodyboarder or anywhere close to it, but My passion and skill set got me connected with the right people who were able to get me a gig as a sales rep for multiple companies, which I took and grew into running an international contest organization. So now the majority of my life revolves around bodyboarding. Also the part about the tasks your sponsors ask you to do, is super key. the guys who get treated the best are the ones who know when its time to put the work in. the point of being sponsored is being a bilboard for a brand. if you arent actively promoting the products in a positive way you arent gonna last long
In this day and age, with skating as big as it's ever been, there's no reason why a lot of these huge companies can't offer health insurance and 401K. The whole "independent contractor" thing is just a way for these corporate sponsors to make the most money they possibly can, while paying their workers the least amount they possibly can. Without the actual skaters, a lot of these brands are out of business. They sacrifice their health, and all of their time for minimum wage and some free product, while their corporate sponsors are making millions. Skaters should have a union.
Love the platform bro…im a supporter.
Love this video and topic! More people need to hear this!
“It goes deeper than a hobby, it goes deeper than a job or what we have to do to make money.. If we’re never to make money we’ll still be Skateboarding.”
- Christian Hosoi
Same w music! But there’s more to it than kickflipping for a dollar! Marketing, promo, business… ultimately it’s an INDUSTRY & there’s a lot of room for us! Just find it, put in the work and be happy!
We Loved This Conversation ....Thank You Nine Club
Remember in highschool they taught business math, taught how to manage money, balance check book, how to buy a vehicle, all the "secret" charges. Really helped, guess that's why they got rid of it.
Lets get nine club to 1 mil
Tony Hawk, Bam, Nyjah, Sheckler, Dyrek, and those guys are the exception.
Those are the guys Kelly was talking about when he said "you can't JUST be good at skating." Those guys knew how to exploit their talents.
Those guys are the extreme exception, but kids think all pro skaters make money like those guys do. Nyjah makes a lot of money by winning contests, which has lead to lucrative sponsorship deals. And he has earned that money and the lifestyle, which seems many would want: big house, nice cars, and a parade of babes in bikinis. And yet, skaters think that could/should be done by riding for an obscure and/or 'super-core" board company. But many of those who complain about it, would love to live it.
This indicative of many industries creative people aspire to. Music, art, fashion, etc. I count skating even tho its a sport because of the cultural ethos involved. Point blank ur going to need a job, so get one. Keep pursuing ur dream while building financially in other ways. Careers in these industries ebb n flow. Almost noone makes enough to retire off it alone. Those that due u may not even wanna be in their shoes. Do it for the love.
I was expecting more money from Andrew Reynolds.That's the salary of an intern in a big tech company. Skateboarding is a hard career.
Shit tbh I just wanted to skate and travel but then I ended up growing up. I still skate but it’s hard for me to find times to still get clips while pushing myself
same bro.. makes me miss the old days. Felt like my happiest days without even realizing
Find what your passionate about, no matter what it is, and do that. Keep finding the next level. Love the nine club 👊
Not talking about how much you back only benefits your employer, whether you work in a warehouse or skate professionally. Worthwhile conversation, I love the industry talk.
I love skateboarding a lot too, it's cool that you can get paid for it but I honestly think that once start making $ people get lazy sometimes..
There also needs to be people in the industry that help ams and even pros to leverage their short careers as athletes to study or train to gain skills to where they can transition into long-term careers.
I love skateboarding. Always have, always will. I used to think pro skaters were filthy rich growing up. I guess from the lifestyle I saw some of them living at the height of their careers. Going pro was a dream I had for a very long time, but I had a lot of negative feedback from family members. It would sit in my head while I skated. I was good, but I wasn’t the guy who was going to win a contest at every contest I entered. I knew that. I only ever won one.
I really liked putting boards together and working with tools which translated into cars and mechanics. Eventually, I got really good at that. I found a really good job with benefits and learned about finances. I look back on all of that from time to time. Now hearing a well respected group of pro skaters talking about the money side of skating I’m surprised at how untrue my thoughts were about pro skaters and money. It’s cool knowing I did come up on the best side of the two dreams I had. I’m pretty sure if I had stuck with skating I’d be in a different situation, and like you guys said I wouldn’t have met the people who were going to push me to be intentional with money.
Loving it guys .we are skateboarding.
CRob, Espinoza, Rojo are an example of being at the right place at the right time with the right crew
I know a thirty year old maybe 31 now . he literally is still skating outside of his moms 2 bed room apartment in the hood, He won't listen that It is never happening. Uses skate dream as an excuse to remain a complete bum. Imagine having an 11 year olds mind at 31. IG is making ppl delusional. So many broken kids growing up real sideways these days
Love these guys. Great episode
This may make me sound like a true old timer (I'm 36), I'm so glad that I got into skateboarding pre-smart-phone camera days. I skated almost every single day for 5 years and I have zero footage of any of it. The only cameras out at the spot were some kid's parent's handicam that he snuck out of the house, used by the least talented skater in the group (what he lacked in skills, he made up for in shooting!) and editing involved mastering the pause button on a VCR to compile the landing clips, adding music was an RCA cable from the CD player to VCR. Haha. I mean, yeah, its sad that I have no video of me skating or my friends, but I'll never forget all of the fun we had - never reaching for sponsorships, let alone money.
Skateboarding as a market is unpredictable. If you have a niche item that flows income, you are made but be cautious and keep innovating. Great example is the thrasher t-shirt and santa cruz T-shirt. Those are trendy and non-skaters pay to wear it, and that cash flow becomes a good source of revenue (a constant paycheck). Marketing can be very powerful if you know how to use it.
Kelly needs to make up his mind with the alternating LA and SF hats 😂
Boston as well...
Love you guys, thank you for this talk. I got some knowledge 😌 bless nine fam
As a skateboarding truck driver I recommend all skaters become truckers!!!
tell me more? I'm a driver now but not semi truck.
@@timburrow2996 to be honest bro there’s so much opportunity in trucking weather you have a cdl , class A or class B. If you wanna get your cdl start looking in to schools and companies cause I kno there’s companies that will pay for your school so do your research throughly before signing a contract with any companies but once you got that cdl and you get through your newbie phase it’ll be smooth sailing. I personally don’t have a cdl I have a class B and work for a company that puts me over the road in a day cab and in hotels at night and it’s been great I’ve been able to go to so many different parks and meet so many cool people all over the country all while getting paid.
What's your favorite and least favorite thing about trucking my dood?
@@destructionman1 my favorite thing is definitely being able to like really see how beautiful the United States I’ve been to some of the most beautiful places man I couldn’t believe such beauty existed and my least favorite thing is spending my weekends on the road sometimes during a light week it’s not bad cause extra money but after a long week I don’t even wanna drive my car 😂
Now way you're ever gonna go pro as a truck driver. Way too much time, especially if you live in a state where it snows and freezes in winter
I loved hearing Steezus shout out the biology 101 class
The mitochondria is the powerhouse of the cell
Imagine if there was a pro skaters union. I'm not sure if it's even possible at this point.... but I'm tired of seeing the dudes we looked up to struggling in their middle to senior ages. Skate companies need health benefits, 401Ks, retirement benefits, etc. How does this get accomplished? Too many of these guys are patronized for their sacrifice.
Yeah totally agree, It's like the mindset is "they lived to good and free lets punish them cause i been sitting at a desk for 20 years"
@@junkfoodeater absolutely...the onus is on the companies, especially the big companies... to hire pros as full time workers not independent contractors. They need retirement benefits, 401Ks, the whole nine. Especially if said skater has been a pro for over a year, he/she should be converted to a Full Timer with benefits... if they so choose. This really helps the dudes that are still dope skaters but won't ever end up with the opening or final video part.
There's no money in skateboarding. 1000's of companies have disappeared. Look at the total subscribers to the Nine Club = 119K. These guys are awesome and they just don't have enough eyeballs to make good money.
I worked in skate shops all through college. There’s no money in skateboarding, big brands like Nike and adidas have no problem but straight up skate brands barely get by. Plus the skate brand market is so saturated, seems like everyone has a skate brand.
@Guj 100% it’s really only the contest skaters that make legit money. I remember when X games first showed up, there were all these C tiered pros entering and they’d get like 4th place which would be like 10 grand. Do that enough times and boom, low six figure income and no leg breaking video parts.
The commodification of our passions is a very alienating endeavor. The subject of status is a issue.
This was a dope conversation.
The nine club skate management. Collaborate and help the younger crews. Basic business structure helping with contracts, PR and finances. It's big bucks these days but most guys are clueless until 25 or even 30.
This is content. More of this.
My school had personal finance classes I took them when I was going to high school when I was graduating they were making it a class that you need to take before graduating
just noticed while watching this piece of making money as a skateboarder and see Juneshine, Nora got the memo on how to expand beyond traditional skate brands.
Steezus: "I still know what the powerhouse of the cell is. And what is that gonna do for me?
Me: *Laughs in Cytopathologist making $430k a year*
My theory is core skaters have resentment towards RUclips skaters because RUclips skaters came in the game prepared with investment website and product already set to go vs a core skater had to practically stick around like a roach to see if people liked them
Here are my ideas for a young AM or pro skater. Say you’re getting free decks, wheels or trucks. Take that $ you were going to spend on that gear and put it into a high yield savings account. Your prize money from contests put away 10% of it at least. If you’re getting Per Diems spend below that amount so you pocket the rest. Gene Simmons from KISS said it best. Live below your means not at them.
wealth tends to be generational because it goes way beyond just "working hard". successful parents will teach their children how to manage money as well, beyond just any type of inheritance... working hard is no guarantee to be wealthy or financially successful... you have to know what to do with the money you have. its not always easy or obvious its a skill that needs to be taught/learned...
Could someone please post the Mikey Taylor article they are referring to please? Cheers
Offtopic but what cap is Jeron wearing?
Living in general is getting more expensive by the day!
Word to all the peeps work every day and provide for there families,skaters or not.
17:26 😀love his attitude!
Literally what Kelly said I just wanna ride with my favorite pros
If you're elite you are making money. If you are not elite,you're not making money. Is that simple. But you can make a lot off connections trough skateboarding and later those connections can help you get a job. That's the reality. Also,I feel like this group doesn't give Kelly the respect he deserves because in my opinion he's the best skater among them.
this applies to so much freelance living. thanks guys.
and the major factor is who you know and your connections..
when kids tell me they are gonna become rich skating and I tell them the reality they always cuss me out... they wont listen even if someone is willing to teach
the best pro skater ever once told me “fuck getting sponsored, if you wanna make real money start your own brand”
Thank you guys
What is a good living in skateboarding.
What is an solid sponsor paying?
Been skateboarding since I was, let’s just say 12 now 26 im not bad by no means but I’m not great I worked very hard to get at this point nd sucks that I’m this old and it almost seem like it’s counterproductive to skateboard at this point in time for me bc it don’t make any money
Financial literacy is so important. It’s a life skill and it’s something everyone needs it in some capacity.
I see pro skaters like professional musicians. If you love music/performing, you're going to keep doing it no matter what. Skaters are the same, they would be skating whether they made money off it or not.
Problem is that we live in society which economic system is revolving around investing. So its pretty hard to save some money for retirement without investing.
Other problem is difficulty for people to think long term. We mostly think short term only, specially in teen years.
sometimes we only make enough money to think short term as well.... working hard is no guarantee of ever getting ahead, even though it really should be.
ive skated for like 20 years and for sure like fakie handrail tricks explode like fireworks in 20s... of dollars. lol. but i duno that sh*t hahahah
Just like Andrew Huberman saying he is always there for the skaters if they need help.
Trust your community.
Which makes me wonder if another skater who is smart with their finances could end up starting a management agency and financial advisor firm for the skate industry.
Mikey is a ball of knowledge and his financial clips are gold. 👊
When I was a teen without money I just bought a multiplayer FPS game and no-lifed the game for three months without spending a dime.
Love this!
Its the balance that kills between the two