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#194May 7, 202154:42

#179 - How the UFC Became a Mult-Billion Dollar Brand, No-loss L…

About This Episode

The episode explores the multi-billion dollar business evolution of the UFC and the psychological power of self-talk used by elite athletes like Rose Namajunas. Sam and Shaan also analyze low-overhead business models including property tax protest services and crypto-based no-loss lotteries.

Episode Description

With Endeavor's IPO, Shaan (@ShaanVP) and Sam (@TheSamParr) break down the UFC's numbers and how it got so profitable. Key to the whole thing: Dana White. He bought the UFC for $2m and turned it into a multi-billion empire. The guys also talk about the mental toughness of UFC fighters and how you can take some of these same principals and apply them to your life. They also talk about an interesting concept called no-loss lotteries and a company trying to save you taxes. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. ---------

Show Notes

Key Takeaways

1

Leverage 'The Alliance' framework to manage entrepreneurial employees by expecting short tenures and building a long-term network with them after they leave.

2

Practice 'Revision' at the end of each day by mentally reimagining unsuccessful moments in a positive light to subconsciously train for better future outcomes.

3

Focus on 'Money Saver' business models that take a percentage of the customer's realized savings, creating a low-friction, high-value sales pitch.

Business Ideas Mentioned

Percentage-Based Property Tax Protest Service

Boring Business

Crypto-Native No-Loss Lottery Platform

SaaS

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Guest Graveyard Mentions

MH

Michael Harris

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Quick Stats

Duration54:42
Guests0
Ideas Discussed2
Topics0