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#538August 22, 20231:15:46

Meet The Man Behind Conor McGregor’s +$650M Empire

About This Episode

Audie Attar, the founder of Paradigm Sports Management and the strategist behind Conor McGregor's $600M+ empire, joins the show to discuss the business of combat sports. He breaks down the transition from transactional athlete sponsorships to equity-heavy ventures like Proper No. Twelve and explains how they negotiated the historic Mayweather vs. McGregor fight. The episode explores the 'athlete-creator' model and the importance of hiring operational experts to scale celebrity-backed brands.

Episode Description

Episode 487: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk with Audie Attar (https://twitter.com/audieattar)

Show Notes

  • 0:00Intro
  • 6:13Early UFC days
  • 9:17Signing Michael Bisping and discovering Conor McGregor
  • 13:20How Audie signed Conor
  • 17:15What’s it like managing fighters?
  • 19:45How they created Proper Twelve
  • 23:00The value of owning a brand vs. doing sponsorships
  • 28:30McGregor vs. Mayweather payout
  • 34:00The appetite for blockbuster boxing matches
  • 45:00What was it like after the Proper Twelve exit?
  • 52:21How he handles McGregor’s criticisms and allegations
  • 57:24Advice to his younger self
  • 01:03:31Conor's transition from beloved fighter to highly criticized
  • 01:09:40Closing thoughts on UFC

Links

Key Takeaways

1

Prioritize equity over endorsements: Instead of accepting a flat fee for a sponsorship, athletes should leverage their brand power to launch their own companies for potential 50-100x returns.

2

Partner with 'Black Belts': When moving into a new industry like spirits or tech, it is critical to find operational partners who are experts in that specific supply chain and market.

3

Data-driven disruption: Use organic social media engagement and 'banter' to prove market demand for high-stakes events (like the Mayweather-McGregor fight) to convince skeptical institutional partners.

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Quick Stats

Duration1:15:46
Guests1
Ideas Discussed0
Topics5