Alex ?A-Rod? Rodriguez had a 22-year-long MLB career. During his elegant career, he represented the Seattle Mariners, Texas Rangers, and finally, the New York Yankees. During his extensively successful career in the ballpark, he was a 14-time All-Star, 3-time MVP award winner, and a World Series Champion. Balanced against his career on the field is A-Rod’s career post-retirement.
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In his second innings post-retirement, A-Rod moved to become an aspirational and powerful media personality. Simultaneously, he continued to diversify his investment portfolio under the umbrella of A-Rod Corp, which he founded in 1996. Today, he holds executive positions in Presidente Beer as their Chairman and is a part-owner of NBA’s Minnesota Timberwolves. In a talk with The Pivot Podcast, he talks about his journey walking into the world of real estate.
How did Alex ?A-Rod? Rodriguez build his real estate empire?
Today, Alex ‘A-Rod’ Rodriguez is one of the wealthiest athletes in the world with a net worth of $350 Million. Considering his lucrative investment ventures, he’s a well-proven and respected business tycoon as well. In addition, his triumph in multiple fields has made him an influential and inspirational role model. In the podcast, A-Rod talks about the highs and lows of his entrepreneurship career.
While talking about the start of his journey in the world of real estate, he said, “I started with duplex. Then, I bought a fourplex. And then I bought an eightplex. And, my biggest investment – I bought 60 units.” At the time, A-Rod had only $2 Million in his bank account and he had to write a check of $1 Million as a down payment for the 60 units. However, eventually, those 60 units grew to “15,000 apartment units in 14 states.”
Moving on, to summarize and show that he started from zero, he said, “I always tell people, don’t look at the headlines, I didn’t get 696 home runs overnight. I started with 1. I started with a bunt. A hit and run, I started with a duplex and then you build this empire one step at a time.”?
A-Rod: A business mogul who started from nothing
Alex ‘A-Rod’ Rodriguez was born to a modest family. He started from nothing. Hence, his talking about starting from scratch puts into perspective everything that he emphasizes on. Moreover, it makes him the right person to be tell this story.
Today, A-Rod is not only a successful baseball icon but also a prominent and aspirational personality in the field of business. What is your greatest learning from the journey of this great Yankee?
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Vibhanshu Kumar