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Student Athletes Become Entrepreneurs

South Carolina Business Review
SC Public Radio
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After the recent announcement from the NCAA that college athletes can now profit from their celebrity status, Governor Henry McMaster signed the Name, Image and Likeness bill and it is scheduled to go into effect on July 1, 2022. Will this turn many of our college athletes into entrepreneurs?

Mike Switzer interviews Bobby Robinson, an attorney with Nexsen Pruet in Charlotte, NC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.