Penny Hardway: Entrepreneur and philanthropist
From Nike Foamposites, Terf Athletic Facility and a very successful barbershop salon in Memphis, Penny Hardaway is making the best of his NBA retirement. He is now the executive producer of Bottom Line Sports Show and is officially back in the national spotlight. He is also coaching Team Penny a 14 and under basketball team. Black Enterprise reports:
Although some assume the most notable of Anfernee “Penny” Hardaway’s post-NBA endeavors may be his widely popular Nike Foamposites, he says the development of the Bottom Line Sports Show has brought him back into the national spotlight. After his highly successful basketball career started to slow down because of injuries, which resulted in six knee surgeries, Penny began to think about businesses he could start that would keep him financially stable. Since retirement, the Olympic gold medalist has opened a high profile salon and barbershop in Memphis and a celebrity fitness center, Terf Athletic Facility, in Miami, as well as launching a shooting skills website
He’s also been an analyst on NBA TV and most recently became the Executive Producer of the Bottom Line Sports Show. More information on Penny’s latest projects can be found on his official website Iam1cent.com, which launched shortly before the 2012 NBA All-Star Weekend and his Orlando Homecoming.
By setting up multiple streams of income, Penny continues to build a diverse portfolio that will benefit him for years to come, and that others may learn from. BlackEnterprise.com had the opportunity to catch up with the avid golfer after he returned from Michael Jordan’s Annual Celebrity Golf Invitational and he spoke about his post-retirement success and why it’s never too late to go back to school.
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