The GaryVee Audio Experience The Importance of Small Business with Dave Portnoy
Jan 15, 2021
In a lively conversation, Dave Portnoy, the founder of Barstool Sports, discusses his initiative, the Barstool Fund, aimed at saving struggling small businesses. He reflects on the emotional journey of community support during tough times, sharing insights from his fundraising success. The episode also dives into the rise of celebrity boxing, exploring how social media influences the sport and the dynamic shifts it brings. Personal anecdotes about nostalgia in sports add a playful touch to this impactful dialogue.
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Barstool Fund Origin
- Dave Portnoy started the Barstool Fund after ranting about NYC's indoor dining closures.
- Marcus Limones challenged him to put his money where his mouth is, prompting the fund's creation.
Fund Requirements
- To qualify for the Barstool Fund, businesses must demonstrate prior success.
- They should also maintain their payroll, showing commitment to employees.
Ongoing Support Impact
- The Barstool Fund provides ongoing support until businesses can reopen fully.
- Witnessing business owners' emotional reactions is powerful motivation for donations.