5 Financial Habits of Pro Athletes Like Basketball Stars

Eric Pierre once chased a basketball dream—but life had a twist. He redirected that drive into numbers, taxes, and accounting. Today, Eric’s using lessons from courtside grit to help high‑net‑worth individuals and entrepreneurs win financially.He wrote The Great Tax Escape, drawing on years at Fortune 500 firms and his own path. In this episode, Eric reveals how pro athletes’ financial habits can become your tools for tax savings, smarter planning, even preparing for business exit—all grounded in real experience.Key topics covered:The 5 financial habits Eric Pierre says pro athletes use, and how you can adopt them.Tax planning strategies high‑net‑worth people rely on.How AI is changing accounting—and what that means for small businesses.Financial literacy: what many entrepreneurs overlook.Preparing an exit: how to build your business so you can sell or scale out when you want.Tools, mindset shifts, and day‑to‑day practices that support all this. Guest & Resources:Eric Pierre — Pierre Accounting • EricPierreMoney • LinkedIn: Eric PierreHosts:Bernie Franzgrote — LinkedIn: Bernie FranzgroteWayne Pratt — LinkedIn: Wayne Pratt👏 Shoutouts & Acknowledgments:We extend our heartfelt thanks to the incredible people who make this show possible:Carl Richards — from Podcast Solutions Made SimpleFred Crouch — host of Property Wizard PodcastJovan Strika — from @Hive coworkingMelanie Webber — an invaluable business partner, strategist, and behind-the-scenes force helping shape the Knack 4 Business experienceWayne Pratt — co-host and growth strategist from Motive8U Inc.Sponsors Best Fit for This Audience:·  Descript – Smarter Content CreationStruggling to keep up with content? Descript makes editing podcasts, videos, and audio files as easy as editing a document—perfect for entrepreneurs and content creators.·  Freshly Brewed CoachingBrew insight, not just espresso. Freshly Brewed Coaching by Wayne Pratt and Matt Hawksley helps entrepreneurs find clarity and strategy to grow professionally.·  @Hive – Real‑World Business NetworkingTired of networking that goes nowhere? @Hive blends in-person and virtual events to help freelancers, solopreneurs, and growing teams build real business relationships. Sponsor Information & Contact:💼 Business Tools & Communities That Help SMBs GrowI may earn a small commission—at no extra cost to you—if you click these links. Each one supports what I do, and could support you too.• Descript – Smarter Content Creation  👉 http://tinyurl.com/3ns72bdk• Freshly Brewed Coaching  👉 https://freshlybrewedcoaching.com/home• @Hive – Real‑World Business Networking  👉 https://tinyurl.com/4dmcxah8 Where to watch / listen:YouTube video: https://youtu.be/VmOc3MohaU8Read more about Eric’s habits on our website, then tell us which financial habit you’ll try first in the comments. Got questions for Eric? Send them to [email protected] . For more episodes and resources, visit knack4business.com. Contact Info:Email: [email protected] Website: https://knack4business.com/ Disclaimer: Everything you heard today is for educational purposes only. It's not professional advice. Before you act on anything — talk to a certified expert in your area. Your accountant. Your lawyer. Someone who knows your situation.We share perspectives. You make the decisions.Want more? Head over to blog.knack4business.com — packed with practical episodes on AI, marketing, leadership, and growth. No fluff. Just the good stuff. Subscribe while you're there.Until next time; keep building. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.