My First Million

#179 - How the UFC Became a Multi-Billion Dollar Brand, No-loss Lotteries Explained & How to Save on Your Taxes

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May 7, 2021
Discover how Dana White transformed the UFC from a $2 million investment into a multi-billion dollar powerhouse. Delve into the mental toughness techniques that fighters use, which can be applied to life. Learn about innovative concepts like no-loss lotteries, allowing you to save while having a chance to win prizes. Plus, uncover smart tax-saving strategies that can benefit homeowners. This episode connects sports, business, and finance in an intriguing way.
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ANECDOTE

Thug Rose and Self-Talk

  • Rose Namajunas, an underdog UFC fighter, repeatedly told herself "I'm the best" before a fight.
  • She then won by knockout in two minutes, proving the power of self-talk.
ADVICE

Strategic Self-Talk

  • Use self-talk strategically to counter negative thoughts and build confidence.
  • Visualize success and revise negative experiences by reimagining them positively.
INSIGHT

The Business of UFC

  • The UFC's parent company, Endeavor, has diverse holdings in talent agencies, sports, and events.
  • Dana White's unorthodox leadership has been key to the UFC's success, demonstrating the importance of a strong personality in building a brand.
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