#139 Jacob Turner - From MLB Pitcher to Financial Advisor

Welcome to episode 139 of Sports Management Podcast. Jacob Turner is the co-founder of Moment Private Wealth and a former MLB pitcher. He was drafted in the 1st round, 9th overall, by the Detroit Tigers in the 2009 MLB draft. Now he is a financial advisor helping athletes make sound financial decisions. We spoke about: Signing a 7 million dollar MLB contract What he bought for his signing bonus How to choose a financial advisor The downsides of being an athlete Financial mistakes athletes make Reward vs lifestyle purchases Why he quit baseball And much more! WATCH ON YOUTUBE: https://youtu.be/dUG_OUGQDc8  Timestamps: 00:00 Intro 01:37 MLB Draft 2009 02:29 Starting Baseball  03:40 Life Changing Money 05:34 Be the CEO of Your Own Life 06:50 Elite Athletes Going Broke  09:54 Finance Learnings From His Parents 11:18 Moment Private Wealth  15:13 Three Buckets of Investments & Taxes 19:25 Mistakes Athletes Make 22:00 Importance of Confidence 25:42 Best Finance Books 27:20 Downside of Being a Pro Athlete 28:15 Defining Success 29:38 Losing His Father 30:58 Bumps On The Road 32:47 Quitting Baseball  34:35 Injuries From Baseball  35:15 Be All In  36:17 Outro _____________________________________________________________ Jacob's Channels: https://www.instagram.com/thejacob_turner/  https://twitter.com/TheJacobTurner  https://www.linkedin.com/in/thejacobturner/  https://www.youtube.com/@TheJacobTurner  https://www.momentprivatewealth.com/  _____________________________________________________________ Follow us on social media Instagram Twitter LinkedIn YouTube Sign up for the newsletter! www.sportsmanagementpodcast.com