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Alvin Kamara, Signed To the NFL’s Saints For $75 Million, Has Not Used His Fortune Yet

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Alvin Kamara, a multimillionaire running back for the New Orleans Saints, has yet to spend his riches.

For clarification, Kamara has not touched the money he has earned playing football from his rookie contract or massive extension with New Orleans. 

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The wealthy four-time Pro Bowl champion said he values his money and does not see himself going overboard any time soon, Kamara told Uninterrupted’s “Kneading Dough.”

“I’ve always known the value of a dollar,” the Georgia native said.

Before signing to the NFL, Kamara, 25, said he has always been a financially conscious spender, CNBC reported. What would constitute a big celebration for him is ordering out a chicken wing dinner.

“I’m like, ‘OK, this is more than I’ve ever had. My mom ain’t never had this much,’” Kamara tells Uninterrupted. “It would be a shame if I got this and lost it. I’m gonna keep doing the same thing I’ve been doing — [spending on] what I need and that’s it. I’m not about to go over the top, I’m not gonna live beyond my means.”

However, the money he does live off is coming from his endorsements, and even those deals are carefully selected to not interfere with his brand.

“I want to be a partner. I want it to be a real relationship to where it’s not just a one-off thing,” Kamara says. “All the brands that I work with I can call directly and talk to a CEO or somebody high up and have a regular conversation with them. It’s almost like a family. We’re working together, but we care for each other.”

He is also fully in control of his own money, and Kamara said he still has the mindset of resorting to his younger self, eating peanut butter on a bread loaf.

“I keep it close like that because of the loaf of bread and peanut butter. I had to do it [before] and I’ll do it again if I have to,” he says. “But there’s no reason I should have to do that again.”

Business

Best Stocks To Buy Now? 4 Cyclical Stocks To Consider

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While the economy appears to be on the uptrend, could these cyclical stocks follow suit?

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Business

Today is Malbec World Day. This is how it is celebrated in Mexico

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Wines of Argentina celebrates the eleventh edition of Malbec World Day with a Mexico online store. The festivities run from April 15 to May 15.

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Vegan Fried Chicken Entrepreneur Rejected $1 Million Shark Tank Offer; Acquired Multi-Million Dollar Facility to Expand Company Vision

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California entrepreneur Deborah Torres pitched her vegan fried chicken on season 11 of ABC’s hit TV show “Shark Tank.”

Torres offered the Sharks a $500,000 investment opportunity in exchange for a 10% stake in the company. Instead, billion-dollar investor Mark Cuban decided to partner with guest shark Rohan Oza and offer $1 million for 100% of the company. Torres would receive a 10% royalty.

Torres rejected the offer. Recently, her company acquired a multi-million dollar former food production warehouse in a San Diego Opportunity Zone to expand their vision.

“We are so blessed and excited to acquire our own warehouse facility while still maintaining 100% ownership of the company. I have God, my family, our team, and our awesome fans and customers alike to really thank for the incredible support. Dreams really do come true when you don’t give up or let someone steal your imagination. This is only the beginning,” said Torres told Times of San Diego.

Vegan Fried Chicken Entrepreneur Turned Down Shark Tank Offer

When Torres introduced her fried vegan chicken to the Sharks, they immediately fell in love with it. “This batter is extremely tasty,” shark Lori Greiner said. “It’s got some zip to it.”

“You fooled me,” Barbara Corcoran said.

The Sharks bought into the idea of fried vegan chicken but challenged the financials that Torres delivered.

“On [Shark Tank] there were many edits of conversations to make it appear that I wasn’t intelligent enough for obvious dramatic effects of the ‘shocking’ ending,” Torres told VegNews.

She felt that her appearance on Shark Tank did not accurately portray her business acumen. Torres graduated from high school at 15 and received her first degree at 17.

“I think God works in mysterious ways because what was meant to harm me propelled me to where I am today—the proud and sole owner of the world’s largest vegan fried chicken manufacturing company and 100-percent owner of a multi-million dollar manufacturing facility.”

Torres felt that the Shark Tank offer was not a reflection of the true value of her company. In 2019, she declined the offer and now she projects exponential growth for the company going forward.

Giving Birth to a Plant-Based Brand

Deborah Torres is the founder of Atlas Monroe. The plant-based company specializes in fried vegan foods. According to VegNews, Atlas Monroe is on track to become the largest manufacturer of deep-fried vegan chicken in the world.

What motivated the creation of vegan fried chicken? Her father’s type 2 diabetes diagnosis. Torres decided to experiment with a vegan diet. One of her main priorities was to develop delicious foods that were healthy.

“My whole family and I went on a raw, vegan and organic diet for 90 days. We grew really ‘hangry’ at each other from just eating salads and fruit salads,” Deborah told CNBC. “After the 90 days, [my father] was completely healed. We vowed to stay organic, plant-based and natural. We continued to experiment, and Atlas Monroe was born.”

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