Our client and good friend Isaiah Stanback was featured in a Forbes article about his transition from pro footballer to small business owner. With LeaseQ’s help, he grew his gym, Steadfast Fitness and Performance, from a 1,100 square foot studio to a 14,000 square foot facility. With a new space and new equipment, he is able to serve the community and change lives in the way he dreamed of doing. We’re thrilled for his success and proud to be a part of it.
Making the switch from pro sports to entrepreneurship isn’t easy, as Isaiah Stanback, who started Steadfast Fitness and Performance after retiring from the NFL, discovered. Stanback, 31, had played for the Dallas Cowboys, the New England Patriots and the New York Giants, winning a Super Bowl. But after repeated injuries, he was released from the Jacksonville Jaguars in 2013.
While NFL players can make a fortune in the years they play, few do a good job of saving or planning financially for the decades to come after retirement from the game. Stanback was better at planning than most: He set the groundwork for Coppell, Texas-based Steadfast Fitness, which he opened with a partner before his retirement, by getting an MBA from George Washington University. But he struggled, psychologically and financially, with the transition from pro football to running a business.