The Rise of the Multi-Hyphenate Professional: What Businesses Can Learn from Elite Athletes
In today’s competitive world, being exceptional at one thing is no longer enough. The rise of multi-hyphenate athletes—elite sports figures who expand their careers beyond their primary sport—reflects a larger trend of professionals embracing diverse skill sets. From LeBron James, who seamlessly moves between basketball, business, and entertainment, to Serena Williams, who has excelled in tennis, fashion, and venture capital, these athletes provide valuable insights for professionals in both the gig economy and the corporate world.
The future of work is shifting away from traditional, single-track career paths. Instead, professionals are becoming multi-hyphenates—individuals who blend multiple skills, roles, and disciplines to remain competitive. This mirrors modern athletes, who no longer specialize in just one aspect of their game but develop diverse skill sets to extend their careers and maximize impact.
In both sports and business, adaptability is the new competitive edge. The rise of the gig economy, AI-driven automation, and remote work has accelerated the need for professionals to continuously upskill, much like athletes refine their techniques to stay relevant in their sport.
What Is a Multi-Hyphenate Athlete?
A multi-hyphenate athlete is an individual who thrives in multiple professional domains, leveraging their platform to expand their expertise beyond sports. Traditionally, athletes were expected to focus solely on their sport, but modern professionals recognize the power of diversification. By building businesses, investing in new industries, and developing personal brands, these athletes create long-term career stability and financial security.
The Multi-Hyphenate Athlete & The Modern Professional
Athletes like LeBron James, Serena Williams, and Shohei Ohtani embody the multi-hyphenate approach. They diversify their skills, income streams, and personal brands beyond their primary sport. In the corporate world, employees, freelancers, and executives alike must adopt this mindset to thrive in an evolving job market.
Multi-Hyphenate Athlete |
Multi-Hyphenate Professional |
LeBron James: NBA player, investor, media mogul, entrepreneur |
Tech professional + public speaker + content creator |
Serena Williams: Tennis champion, fashion designer, venture capitalist |
Marketing expert + data analyst + business coach |
Shohei Ohtani: MLB player excelling as both a pitcher and hitter |
Software engineer + AI specialist + business strategist |
Key Traits of Multi-Hyphenates in Sports & Business
- Skill Diversification: Mastering multiple roles to remain relevant
- Adaptability: Pivoting in response to market changes
- Continuous Learning: Investing in long-term career sustainability
- Brand Building: Establishing authority across different domains
- Longevity & Reinvention: Evolving skill sets to prevent career stagnation
Why the Multi-Hyphenate Model Matters in the Future of Work
AI & Automation are Reshaping Traditional Roles
What’s happening? AI is automating repetitive tasks, forcing professionals to develop hybrid skill sets that blend technical expertise with creativity, strategy, and leadership.
Example: A marketing professional can no longer rely solely on creativity; they must also understand AI-driven analytics and data storytelling to stay competitive.
The Gig Economy Rewards Versatility
What’s happening? The gig economy has transformed careers, making freelancing and multiple income streams more common.
Example: A writer might also be a podcaster, consultant, and course creator, ensuring career flexibility.
Hybrid Work Requires Hybrid Skills
What’s happening? Remote and hybrid work require professionals to wear multiple hats, balancing project management, communication, and self-driven learning.
Example: A remote software engineer may also need strong skills in asynchronous collaboration and content creation to share knowledge effectively.
Lessons from Athletes: How to Become a Multi-Hyphenate Professional
1. Develop a Cross-Training Mindset
Athlete Example: Shohei Ohtani excels in both pitching and hitting, a rarity in baseball.
Professional Takeaway: Invest in two or more complementary skill sets to maximize opportunities.
🔌 Example: A UX designer who also learns front-end coding increases their marketability.
2. Build a Personal Brand Beyond Your Primary Role
Athlete Example: Serena Williams transitioned from tennis star to venture capitalist through strategic brand positioning.
Professional Takeaway: Establish yourself in multiple domains through content creation, networking, and thought leadership.
🔌 Example: A finance professional who writes a blog about AI in investing creates opportunities in consulting and speaking.
3. Prioritize Longevity Over Short-Term Success
Athlete Example: LeBron James invests $1.5 million per year in his body to extend his playing career.
Professional Takeaway: Focus on long-term career sustainability through continuous learning, health, and work-life balance.
🔌 Example: A corporate executive should invest in mental resilience training and digital upskilling to stay relevant.
4. Reinvent Yourself as Industries Evolve
Athlete Example: Michael Jordan transitioned from NBA legend to business mogul and team owner.
Professional Takeaway: Stay ahead of industry shifts by proactively learning new technologies and business models.
🔌 Example: A journalist who learns SEO and content strategy can transition into digital marketing.
Case Studies
LeBron James: Athlete, Entrepreneur, and Media Mogul
LeBron James is a prime example of a multi-hyphenate athlete who has successfully expanded his career. While dominating the NBA, he has also:
- Built a business empire: Through his company SpringHill Entertainment, James has produced films, TV shows, and digital content that tell empowering stories (SpringHill Company).
- Invested strategically: He holds stakes in brands like Blaze Pizza and Liverpool FC, diversifying his revenue streams (CNBC).
- Championed education: His I PROMISE School in Akron, Ohio, provides underserved students with resources for success (I PROMISE School).
James’ ability to transition from basketball to business offers valuable lessons for professionals looking to diversify their own skills and income sources.
Serena Williams: Tennis Champion to Investment Powerhouse
Like James, Serena Williams has successfully parlayed her sports career into multiple industries. Her ventures include:
- Fashion and design: She launched her own clothing line, S by Serena, emphasizing empowerment and inclusivity (S by Serena).
- Venture capital: Through Serena Ventures, she has invested in more than 60 startups, many led by women and people of color (Serena Ventures).
- Advocacy and philanthropy: Williams actively supports educational initiatives and gender equity in sports and business.
Williams’ evolution from tennis legend to investor and business leader highlights the importance of expanding professional expertise beyond a single industry.
Lessons for Professionals in the Gig Economy and Corporate World
The success of multi-hyphenate athletes offers key takeaways for professionals navigating today’s rapidly changing job market:
- Embrace Lifelong Learning: Athletes constantly evolve by learning new skills. Professionals should seek ongoing education, whether through online courses, certifications, or hands-on experience.
- Diversify Income Streams: Athletes build wealth through endorsements, business ventures, and investments. Similarly, professionals in the gig economy can explore multiple income sources—freelancing, consulting, or investing—to increase financial security.
- Build a Personal Brand: Athletes leverage their brands to create business opportunities. In the corporate world, personal branding—through social media, networking, or thought leadership—can open doors to new opportunities.
- Leverage Strategic Partnerships: Just as James partners with Nike and Williams invests in startups, professionals should collaborate with peers, mentors, and industry leaders to expand their career potential.
- Adapt to Change: Successful athletes pivot when necessary, transitioning from sports to business or media. Professionals must also remain adaptable, embracing industry shifts, technology advancements, and new career paths.
The rise of multi-hyphenate athletes mirrors a broader shift in professional expectations. Athletes like LeBron James and Serena Williams demonstrate that success comes not just from excelling in one field but from leveraging skills across multiple industries. For professionals in the gig economy or corporate world, their journeys serve as inspiration to embrace lifelong learning, diversify income, and build strategic partnerships. In today’s dynamic job market, versatility is the key to long-term success.
FAQs
Why do athletes expand their careers beyond sports?
Athletes diversify to ensure financial stability, extend their brand, and leverage new opportunities in business, media, and philanthropy.
How has LeBron James built his business empire?
Through investments in entertainment, sports franchises, and education, James has established himself as a successful entrepreneur.
What companies has Serena Williams invested in?
Through Serena Ventures, she has backed over 60 startups, focusing on women-led and minority-owned businesses.
How can professionals build a strong personal brand?
By leveraging social media, networking, and content creation, professionals can establish credibility and open career opportunities.
Why is diversifying income streams essential in the gig economy?