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Kamerion Wimbley

Kamerion Wimbley Books

American football linebacker

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“I spend a lot of my downtime studying different businesses and learning from a lot of entrepreneurs when I'm not playing football. They can help me evaluate different ventures to see if they'll work. I was aggressive with my initial investments, trying to hit a homerun each time. But now, I'm stepping back and being more patient, giving them due diligence.”

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“I tend to go with things people need. Obviously with the barbershop, people will need haircuts regardless of the economy. In a down economy, I choose businesses that don't require a lot of start-up cash or a cash injection on a regular basis. They might need some initially, but not often after. Rental of properties is a good business in a down economy as people struggle with mortgages.”

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“Partnerships can be very big. The relationships you cultivate can help. If you put together a business plan that makes sense and that you can present to other people, they may be able to help you out, especially if you're short of cash. Angel investors, perhaps, may help. You may not have to go through a traditional bank. If you're not able to secure funding, you can get up under someone who has experience, learn from that person, and work your way up.”

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