Straight Talk: Money & Mindset with Matt Worley - Reviving Nostalgia: The Sports Card Investment Boom
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Overview
In this episode of the Hustle Budget and Glow podcast, host Shelbie Morgan interviews Matthew Worley, a sports card investor and podcaster.
They discuss the resurgence of sports card collecting, the importance of community in the hobby, and the financial aspects of investing in sports cards.
Matthew shares insights on the identity of collectors, the impact of the pandemic on the market, and the growing interest in women's sports. The conversation emphasizes the significance of building relationships and the joy of collecting.
Takeaways
- Matthew Worley emphasizes the importance of meeting in real life and following through on connections.
- The sports card industry is a $13 billion market that is cyclical in nature.
- Collecting sports cards can be a manifestation of personal identity and community building.
- There is a distinction between collectors who keep their favorites and flippers who sell for profit.
- Building community is essential for any business or side hustle.
- The rise of women's sports, particularly the WNBA, is influencing the card market.
- The pandemic led to a surge in card collecting as a side hustle for many.
- Money is a form of energy that should flow to those who value it most.
- Relationships and networking are crucial for success in the card collecting space.
- The market for sports cards is expected to grow at a rate of 8% over the next few years.
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