Episode 128

MI101: The Business of Sports w/ Dan Soviero

On today’s episode, Robert Leonard talks with Dan Soviero about how he decided to drop out of college and become an entrepreneur, how he formed a relationship with the National Lacrosse League (NLL) and other sports leagues, how he built his own sports business, and much, much more!

The Intrinsic Value Podcast - The Investor’s Podcast Network

July 14, 202144m 51s

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Show Notes

IN THIS EPISODE, YOU’LL LEARN:

6:38 - 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
17:46 - How to form a relationship with the NLL and other professional leagues to become the official ball
25:07 - 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
26:47 - How Signature Lacrosse competes in a competitive industry and what makes them different from other lacrosse equipment companies
31:22 - If hiring athletes and ex-athletes is the best employment strategy
32:28 - Why choosing to do equity crowdfunding is a good source for raising capital
41:43 - What Dan’s long-term goal with Signature Lacrosse is
44:41 - The habits or principles Dan has 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

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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

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Connect with Dan Soviero: Website | Instagram | Facebook | LinkedIn

Connect with Robert: Website | Instagram

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