How Michael Jordan Made The Jump From Basketball To Business

As a basketball superstar, Michael Jordan was used to winning. But after retiring from the sport, he proved that his skills didn’t end with shooting hoops. Jordan became a successful businessman and is now worth an estimated $1.24 billion. How did he make the jump from sports to business? Read on to find out.

Most people know Michael Jordan as one of the greatest basketball players to ever play the game. But what many don’t know is that MJ is also one of the smartest businessmen in the world.

In this blog post, we’re going to look at how Jordan transitioned from being a basketball player to a successful businessman. We’ll also explore some of his most famous Michael Jordan business ventures. Jordan was born in Brooklyn, New York, in 1963.

He was raised in Wilmington, North Carolina. His father, James R. Jordan Sr., was a mechanic who later became a successful business owner. His mother, Deloris, worked as a bank teller. Jordan has four siblings: two sisters and two brothers. Growing up, Jordan was a shy kid who loved basketball. He would often shoot hoops by himself in the driveway for hours on end.

Jordan started his business career while still playing basketball for the Chicago Bulls. In 1991, he founded a company called MJ Attractions, which operated restaurants and nightclubs in Chicago. The businesses were not successful, and they were sold in 1996. However, this did not deter Jordan from starting other businesses. It motivated him to become even more successful in business.

In 2001, Jordan founded a company called MJ Ventures, an investment firm that focused on sports and entertainment. The company has made some very successful investments, including a minority stake in the Charlotte Hornets. MJ Ventures has also invested in several other businesses, such as a NASCAR team and a film production company.

In 2010, Jordan became the majority owner of the Charlotte Bobcats (now known as the Charlotte Hornets). He is the first former player to become the majority owner of an NBA team. The Hornets are currently worth an estimated $725 million.

Michael Jordan is one of the most successful businessmen in the world. He has a net worth of $2.1 billion, making him the richest African American in the world. Jordan is a great example of how someone can succeed in sports and business. If you’re looking to transition from one career to another, Jordan is a great role model to follow.

Michael Jordan is a perfect example of someone successful in both the sports and business worlds. He is a great role model to follow if you’re looking to make a career transition. His story is inspiring, and he has some great advice to share. If you have any questions for Jordan, please feel free to leave them in the comments section below. We would love to hear what you think!