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C Lawrence Funderburke (B1G Champion)

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LoKyBuckeye

LoKyBuckeye

I give up. This board is too hard to understand.
Our sports show did an interview with Funderburke a few weeks and I figured a few here would like to hear it. He's talking about his new book (hook Me Up Playa) that he has out. Great interview... you'll have to download it.... I'm not sure where I could host it for streaming. It's almost 11 minutes long.... and about 10mb but I'll compress it to a smaller file if anyone wants.

http://www.savefile.com/files/9006506

:biggrin:

EDIT: Link to smaller file... about 3mb... http://www.savefile.com/files/4570561


:)
 
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Ex-hoops star has game plan for achieving financial success
Wednesday, July 19, 2006
Kevin Joy
THE COLUMBUS DISPATCH


NBA star and Ohio State University graduate Lawrence Funderburke was raised in a singleparent home in the Sullivant Gardens publichousing complex in Columbus, surrounded by drugs, poverty and crime.

Despite those obstacles, Funderburke persevered. He set goals. He strived to excel in academics and sports. And he learned the value of a dollar by selling soft drinks and hot dogs in the stands at Cooper and Ohio stadiums as a teen.

The hard work and diligence paid off. Funderburke graduated magna cum laude with a degree in business finance from Ohio State and is working on his master’s degree. After playing basketball for the Buckeyes, he played in Europe, then for the Sacramento Kings and, most recently, the Chicago Bulls of the National Basketball Association.

These days, he’s focused on giving back to the community.

With a youth-service mentoring organization and a recent book about financial literacy (Hook Me Up, Playa!), Funderburke is working to educate kids about money smarts and life skills.

He offered NOW! a few nuggets of financial knowledge:


• Develop short-, intermediate- and longterm goals: Successful people aim for something — they have goals. Write those goals down on paper. You might be in fifth grade now, but your five-year goal is to make the high-school basketball team. Once you write it down, you can begin to think about what your short-term and intermediate goals need to be to accomplish this long-term goal.


• Learn and practice the basics now: Decide how much money to spend each month on your needs and how much you can save. Have your parents take you to the bank and open a savings account. Save money for college or to buy something you really need. Learn the concept of what it means to invest: Investing time and energy in your studies returns good grades. Investing in good grades returns a future.


• Understand the difference between wants and needs: You might really want a new pair of tennis shoes because they are cool, but if you have a pair that fits, this is a want — not a need. Even some famous athletes don’t make enough money to buy everything they want.


• Don’t spend all the money you make, and DO NOT spend more money than you make regularly: Spending less money than you make is called "living below your means." While it is easy for kids to spend every penny they earn, restraining yourself from doing that will help you be a better saver when you are an adult. Many adults are in trouble with credit card debt because they have not learned to live even within their means, let alone below them.


• Nothing in life is free: Develop good work habits now. If your mom tells you to clean your room, do it to the best of your ability. With reality TV, it looks as if people instantly win in life, but that’s not reality. Real reward takes real work — you’ll feel better when you’ve worked hard for your rewards, too.
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http://www.columbusdispatch.com/news/now/now.php?story=dispatch/2006/07/19/20060719-H2-00.html
 
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Lawrence Funderburke Gives Back
The former Ohio State star has established two funds to help youth.

Earlier this year, Lawrence Funderburke was recognized with the Fisher College of Business Diversity Award for his commitment to educating underprivileged youth.
Lawrence Funderburke has made a gift of $100,000 to establish two endowment funds at Ohio State in support of minority and other underrepresented students. The financial support, provided by the Lawrence Funderburke Youth Organzation Inc. (LFYO), will be distributed equally to students who want to attend the Fisher College of Business and those who seek to enroll in other university programs.

Both scholarships will be awarded with preference given to students who have participated in the LFYO program. Secondary consideration will be given to those who are active in the Boys and Girls Club of Columbus, the Salesian Boys and Girls Club of Columbus, or the J. Ashburn, Jr. Youth Center of Columbus.

?We are very pleased that Lawrence has taken this step and look forward to welcoming the students who accept his challenge when they are ready to come to the Fisher College or other colleges at Ohio State,? said Joseph A. Alutto, dean of the Fisher College of Business.

Funderburke, who graduated magna cum laude from Ohio State in 1994 with a degree in business administration, has been eager to give back because he knows firsthand how challenging life can be. Born and reared in the Sullivant Gardens Housing Projects in Columbus, Ohio, in a single parent home, Lawrence graduated with honors from Father Joseph Wherle Memorial High School in 1989. He briefly attended Indiana University and later teamed with fellow NBA star Jimmy Jackson to help Ohio State win the Big Ten Championship in 1992.

Funderburke was drafted by the Sacramento Kings in 1994 and played three seasons overseas before returning to Sacramento, where he played from 1997 to 2004. He then signed with the Chicago Bulls late into the 2004-05 season. He is described as a power forward who plays the game with great intensity.

In 2000, he and his wife Monya founded the non-profit youth development and leadership program to enrich the lives of at-risk children. Through a variety of services and activities designed to enhance their social, moral, educational and financial development, LFYO provides mentoring, life skills training, camps, financial literacy programs and scholarships.

Earlier this year, Funderburke was recognized with the Fisher College of Business Diversity Award for his commitment to educating underprivileged youth through LFYO. He also received the NBA's first Hometown Hero of the Month in 2000 for his work the foundation.

The former NBA star is the author of "Hook Me Up, Playa!," a career advice book targeted to professional athletes. The father of one daughter, Funderburke is continuing his own education by pursuing an MBA through the University of Phoenix's online program.
 
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Somebody just dropped a copy of "The Triangle Formula of Success" by Lawrence Funderburke on my desk...apparently he was on Oprah recently promoting the LFYO (Lawrence Funderburke Youth Organization). I'll let you know if the Triangle Formula includes delivering a forearm shiver to the throat of Damon Bailey...
 
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Really random. I was watching some crappy movie with my wife and in the movie the people were at a Knicks vs. Kings game. Over the speakers the announcers in the movie say "Two points, Lawrence Funderburke!" I had forgot all about him.
 
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Funderburke focuses on stocks
Friday, August 7, 2009
By Josh Jarman
THE COLUMBUS DISPATCH

NEWARK, Ohio -- It was all hands in the air when Lawrence Funderburke asked a group of about 20 youths in the basement of Shiloh Missionary Baptist Church if anyone owned a pair of Nike sneakers.

The 38-year-old former Ohio State standout and NBA player then admonished the group when none could say he or she owned stock in the company.

"Stop making companies rich, and start getting rich off these companies," he said. "That's how you get paid."

The advice yesterday was part of a "financial bootcamp" seminar put on by his Lawrence Funderburke Youth Organization and sponsored by the church and Park National Bank. During the all-day workshop, Funderburke used basketball, celebrities and cash to connect the teens to the complexities of investing money.

In explaining the difference between value and growth companies, he compared the NBA's San Antonio Spurs and the Cleveland Cavaliers. The Cavs, like a growth stock, are more exciting to watch, but the Spurs -- a value company -- are more dependable, Funderburke said.

"This is a team that is boring to watch, but any given year they are going to be there," he said of the Spurs.

Funderburke, who retired from the Chicago Bulls in 2005, said later that financial literacy is neglected in public education, especially among poor, urban and African-American communities. He said his program is geared to teach young people the necessity of risk in order to receive financial reward when investing.

"So many times if we think there's a chance we'll lose money, we won't risk it," he said.
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http://www.columbusdispatch.com/liv...urke.ART_ART_08-07-09_C6_2KEMVFP.html?sid=101

Funderburke talks to area youth about financial challenges they face
BY JOSH HACHAT ? Sports Writer ? August 7, 2009

bilde


Former NBA and Ohio State basketball player Lawrence Funderburke speaks to youth at Shiloh Missionary Baptist Church about financial management on Thursday. (Eric George, The Advocate)

NEWARK -- Engrossed by Thursday's message, more than 20 youth at Shiloh Missionary Baptist Church followed every word that came out of Lawrence Funderburke's mouth.


But almost none of them were about his exploits as an former Ohio State and NBA player.

For almost eight hours, Funderburke instead talked to the youth about what he called a financial boot camp, hoping to open their eyes to the challenges that lie ahead in their lives.

"These kids need love and someone to care about them," Funderburke said. "I care about these kids, and that's the first step.

"They did a great job. I have a passion to give back to kids who have had similar life experiences. It brings me joy to see them get a lot out of it."

Funderburke, who now runs the Lawrence Funderburke Youth Organization with his wife, spoke at a ceremony in June at the church when it handed out its annual Esther J. Noble scholarships.
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Funderburke talks to area youth about financial challenges they face | newarkadvocate.com | The Newark Advocate
 
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Money matters: Former Buckeye advising finance
By Robert Gartrell
[email protected]
Published: Wednesday, April 28, 2010

Growing up in Columbus? housing projects, former Ohio State and NBA star Lawrence Funderburke knows what it?s like to live in poverty. Now he helps others escape poverty and avoid the same financial hardships that made his early life difficult.

Since retiring from the NBA, Funderburke has become even more heavily involved with charity and guidance through the Lawrence Funderburke Youth Organization, which he started with his wife Monya in 2000. The organization offers children and young adults programs that teach them about managing finances and developing personal goals.

?There?s a need for kids in the inner city to know about financial planning,? Funderburke said. ?We also have several young adults who don?t know much about financial planning, so we teach them about that whole process as well.?

For Funderburke, he can relate to the hardships of those he helps.

Raised in a single-parent home in the Sullivant Gardens housing projects and living on welfare, Funderburke was abandoned by his father at young age. Living in an environment full of distractions, he used academics and basketball to guide him to a better life.

An All-American at Wehrle High School with a 3.7 grade point average, he committed to play basketball for Indiana University, but transferred to OSU during his freshman season after a highly publicized conflict with then-Indiana coach Bob Knight.

At OSU, Funderburke excelled as a scholar athlete. He was named to the All-Big Ten team three times and graduated magna cum laude in business finance in 1994. That summer, he was drafted by the Sacramento Kings.

After a three-year detour playing in Europe, Funderburke joined the Kings and developed into one of their more solid role players as a power forward. He remained in Sacramento for six seasons before retiring with the Chicago Bulls in 2005.

During his time with Sacramento, Funderburke demonstrated his financial savvy while serving as the Kings? union representative, helping teammates understand their investments and supplemental benefits.

Much of Funderburke?s focus has been on helping NBA players avoid the financial pitfalls that have plagued some of the best in the game. As many as 60 percent of NBA players file for bankruptcy within five years after retirement, and frivolous spending, as Funderburke explains, is the biggest cause.

?Athletes get caught in a cycle trying to show the world they made it,? Funderburke said. ?The mindset is to just buy things. They live for the moment without thinking about that inevitable day when they can?t play anymore.?
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The Lantern - Money matters: Former Buckeye advising finance

[ame="http://www.youtube.com/watch?v=hPo-Ua40YF0"]Are Minorities Afraid to Invest? - YouTube[/ame]
 
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Sharing his story
Through his foundation, ex-Buckeye Funderburke teaches children life skills he didn?t have when he was growing up in Columbus

funderburke-now-art-gionlqlm-1wisconsin-ohio-st.jpg

ASSOCIATED PRESS FILE PHOTO
Lawrence Funderburke twice led Ohio State in scoring and rebounding.

By Bob Baptist
THE COLUMBUS DISPATCH SUNDAY JULY 7, 2013

Staring at a computer-generated image of logos for name-brand companies, the dozen youngsters ? ranging in age from fifth to eighth grade ? pondered which were worth investing a portion of their imaginary $100,000.
Lawrence Funderburke advised them in language they understood.
Some of the companies, he said, are ?value? stocks. They might be boring, like the San Antonio Spurs, but over time, they make money and pay dividends.

Others are ?growth? stocks, he said. They might ride high for a while, like the Cleveland Cavaliers did with LeBron James. But they are risky, subject to the whims of the market, and in the long run, could cost you.
Do you remember Funderburke? If you are old enough, the memories might be mixed.

The 6-foot-9 Columbus native was one of the most talented high-school basketball players in the country in the late 1980s. He also might have been the most polarizing because of a personality that was distant and occasionally angry.

Even before he played three seasons at Ohio State and was selected in the second round of the 1994 NBA draft, many already had drawn their conclusions of him. Some believed he was misunderstood. Others thought he was a moody prima donna.

Funderburke went on to play professional basketball for a decade, overseas and in the NBA but remained out of the limelight in his hometown.
He is 42 now, retired from the game, and well into what he terms ?the third and fourth quarters? of his life.

cont...
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http://buckeyextra.dispatch.com/content/stories/2013/07/07/sharing-his-story.html
 
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