The Life of Bruce Levenson

Overview

Bruce Levenson is one of the most popular NBA owners in the league today. However, he did not start out with a love of basketball. Over the long term, he has done a great job of helping others get ahead. From the early part of his career, he has been interested in business. When he was in college, he started experimenting with starting companies in a variety of ways. This led him to eventually leave his corporate job and start one himself.

Early Business

Although he was passionate about his business, in the early days it did not go well. However UCG Founder, Bruce Levenson was able to learn a lot of lessons that would help him later in life. One thing that he realized was that he loved working for himself much more than for other people. After his first business did not work out, he started another one. This would be the business that would eventually change the course of his life.

Selling Out

After he had some success with this business, he would sell it to an outside investors. According to Forbes.com, he made hundreds of millions on the deal, and he was now one of the richest people in Atlanta. At the time, the Atlanta Hawks were one of the worst teams in the NFL. This is something that a lot of people do not realize today. Bruce Levenson decided to invest in the team and try to turn it around. This is something that he was laughed at for, especially as the Hawks were one of the worst teams in the league in a variety of different measures. However, over time, Bruce Levenson was able to invest and build up the team again. This is a great example of applying business lessons to other areas of life.

Source: https://en.wikipedia.org/wiki/Bruce_Levenson