@mizery_twitch 100%. Goes for a lot of esports as well but Fortnite has a long track record of success in the IRL space.
Orgs that were successful understood consistent content was a must and they never took their foot off the gas.
@yoxics It’s very likely he’s telling the truth, just with a lot of missing context. It’s not something he will take the time to teach during an interview. At a certain level, money isn’t meant to just sit in your account and do nothing.
MrBeast is very likely telling the truth.
You have to ask your self, what would he benefit from having over $1 million in his checking account for? There would be way too much opportunity left on the table.
Creators can benefit from these opportunities at every level. It comes with knowing how much you actually need, understanding the leverage you have, and how to take advantage of it.
MrBeast reveals he has less than $1,000,000 to his name despite being a Billionaire on paper
"I have negative money right now, I'm borrowing money that's how little money I have. Technically everyone watching this video has more money than me in their bank account"
One of the best things that Bush and Barstool have brought to the scene is raw content we almost never see.
Every behind the scenes video is usually just teams having fun or being pissed after a loss. Bush actually shows the stress that comes from the scene.
Videos like the owners meetings with Austin, texts from Dave Portnoy about the car crash, and negotiation calls like this one are so entertaining to watch.
This is actually more common than it may seem.
I have worked with creators and players who were young and treated the money very lightly.
I truly feel for them and what could have been avoided.
If I could give any advice it would be this: if you have any ounce of success, let that trigger you to ask for guidance, before it’s too late.
Have to give RL a lot of credit this year.
They have stepped up their content a ton from the past years. They are actively promoting the game and esport as one.
Now the fans can participate in funding the players and organizations, now they can actually be a real fan of teams and of the game. They have stake in it now.
Want to drive growth in your game? Let the fans and viewership directly support the players and teams.
Coming May 19th: The Rocket League Paris Major Bundle. All net sales will be going to the competing players & teams. No cap. No ceiling! https://t.co/Zlo7YnzGGu
Alright let’s break down this clip.
1) Investing on credit is extremely risky. Especially with no real financial backing.
2) Meme coins to get rich? Do I even have to say it?
3) Let’s talk about getting a $30,000 personal loan and “only” having to pay $700 a month. Bro that is $8,400 a year which is a 28% annual interest rate - that is extremely high.
You have much better options than that, especially if you currently have assets or investments.
Not even gonna mention blatantly lying about your income.
Please do your research and talk to someone you trust before making these decisions.
It makes sense a lot of sense why @garyvee is high on live shopping. People can’t get enough of rarity, they see a person they love, live selling the items they want, they will 100% pay extra for it. It’s just like subscribing to your favorite streamer, they acknowledge you and you get noticed by them and the community. Just this time you actually get to show off how rare it is because its a physical item.
Also in a world where AI is everywhere, people want authenticity, they want something real.
Going to be in Atlanta for Dreamhack next week. If you wanna meet up send me a DM!
If you’re a creator and want to talk about navigating the industry financially (whether it’s short term or long term), I’ll answer any questions you have. The industry is very unique and financial clarity is everything.
If you’re an agent, manager or brand, let’s talk! Happy to bounce some ideas off about partnerships and upcoming creators.
Of course if you just wanna meet up to hang, I’m all for it!
This video needs to be studied by the esports industry.
You can’t just impulse get into a game without any plan or structure with something you are funding.
That way, you avoid getting into a game and having to drop out after a year or two because it’s not profitable.
Build a team or couple teams vertically, make it sustainable and then you expand to the next game.
Love this from speed man.
This should hit heavy to content creators to realize the position you’re in.
You have all the advantage in the world to make some positive financial decisions.
Whether it’s $1 million or $10,000, time is on your side. Take advantage of it.
Invest. Invest. Invest.
iShowSpeed reveals he made $1,000,000 at 16 while most kids were in class
"I didn't know what to do, I didn't want a car, a chain, clothes, I didn’t want all of that"
"It’s kind of crazy when I think back on it, I was genuinely as a 16 year old kid, I’m locked in just working on my craft. I didn’t have the realization on the position that I was in"
"Right now I’m still locked in, but looking back as a junior in high school and I have all this money, definitely not take it for granted"
Great points here. Not enough people want to address the entry fees and other expenses that come with the CDL. It’s a long term investment that you have to hope works out. The financial aspect of sports and esports have proven over and over that they don’t operate the same.
I will never get over the lack of planning and miscalculation of funds that the investors and franchisers seeking immediate ROI did to the CWL/CDL.