MI Rewind: The Business of Sports w/ Dan Soviero

Dan Soviero talks about how he decided to drop out of college and become an entrepreneur, how he used equity crowdfunding to raise money for his business, and much more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:38 - Things to consider when deciding to drop out of college. 

13:37 - What the NLL is and how it’s different from the MLL and PLL, which have now merged.

19:06 - How to form a relationship with the NLL and other professional leagues to become the official ball.

26:27 - What it means from a business perspective to be the exclusive provider or official ball of a sports league and what the strategy and goal are with a relationship like this.

26:27 - What Dan’s long-term goal with Signature Lacrosse is. 

32:42 - What the benefits of hiring athletes are.

33:06 - How Signature Lacrosse competes in a competitive industry and what makes them different from other lacrosse equipment companies.

33:48 - Why choosing to do equity crowdfunding is a good source for raising capital.

47:21 - The habits or principles Dan have incorporated into his life that have lead to his success.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
• Lewis Howes’ book The School of Greatness.
• Gay Hendricks’ Book The Big Leap.
• Gary Vaynerchuk’s book Crushing It!
• Lori Greiner’s book Invent It, Sell It, Bank It!
• All of Robert’s favorite books.

NEW TO THE SHOW?

• Check out our Millennial Investing Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance.
• Enjoy exclusive perks from our favorite Apps and Services.
• Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
• Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

• Airbnb
• Range Rover
• Meyka
• Fundrise
• NetSuite

Connect with Dan: Website|Instagram | Facebook | LinkedIn

Connect with Robert: Website | Instagram

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