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Amobi Okugo, founder of A Frugal Athlete, joins us on the 5th episode of our Mac Moment series. Okugo talks about balancing life as a pro-athlete, an entrepreneur and a young investor. His online resource A Frugal Athlete, highlights prudent financial decision-making among athletes.
The Get Found Get Funded podcast is at the intersection of entrepreneurship and social justice where we focus on entrepreneurship as a possible path to wealth creation — specifically for Black and Latinx communities.
According to his website, Amobi Okugo is a first generation Nigerian American who grew up in Sacramento California and has been a professional soccer player since 2010. Despite having been drafted after his freshman year at UCLA, Amboi has managed to pursue higher education by earning a number of degrees.
He has remained a professional soccer player, playing in numerous national leagues, including the 2012 olympics. All the while, making waves in the entrepreneurial space as the founder of his financial literacy platform A Frugal Athlete. According to his website, the platform aims to, “provide a resource to other athletes and those interested in living a life well-spent.” Read more on his website amobiokugo.com.
0:59 – Introduction
2:26 – Balancing being a professional athlete and education
8:47 – Importance of financial literacy among athletes
13:45 – Past podcast mentioned with Anthony Tolliver
14:05 – Experience of being an entrepreneur and athlete
16:36 – Investing
23:55 – How to start investing
25:22 – Should you invest
29:29 – What does Amobi bring to the companies he invests in.
31:43 – Learning from past investments?
34:15 – Philanthropy
36:18 – OkUGo
37:01 – Outro
GFGF Podcast with Anthony Tolliver: (mentioned during how to invest)