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The Importance of Young Athletes Treating Themselves Like a Business in the NIL Era

Writer's picture: Gerald MitchellGerald Mitchell


For young athletes aspiring to become collegiate stars, the journey has taken on a new dimension with the introduction of Name, Image, and Likeness (NIL) opportunities. No longer is college athletics just about talent and hard work on the field—today, athletes have the potential to earn substantial income through sponsorships, endorsements, and brand deals. This shift makes it crucial for young athletes to treat themselves like a business from an early age.


**1. Building a Personal Brand**

With NIL opportunities, athletes need to understand that their value extends beyond their athletic performance. Social media presence, public image, and personal conduct all contribute to building a recognizable brand. Young athletes should focus on growing their social following, engaging with fans, and creating a positive public persona.


**2. Financial Literacy Is Key**

NIL money is not just a bonus—it’s income that needs to be managed wisely. Athletes must become financially literate, learning how to budget, save, and invest. They should also seek professional advice to ensure they make the most of their earnings and avoid potential pitfalls.


**3. Professionalism On and Off the Field**

Young athletes must realize that they are not just representing themselves, but also their sponsors, school, and community. Conducting themselves professionally both on and off the field is critical to maintaining and growing their earning potential.


**4. Understanding Contracts and Legalities**

Navigating NIL deals requires an understanding of contracts, trademarks, and legal agreements. Working with agents, legal professionals, or mentors can help athletes avoid exploitation and ensure they are getting fair deals.


**Conclusion**

The NIL era offers unprecedented opportunities for young athletes, but with those opportunities comes responsibility. Treating themselves like a business—by focusing on personal branding, financial literacy, professionalism, and legal awareness—will not only help them succeed in college sports but also set them up for long-term success.

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