Fighter-Owned Brand Strategy
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Audie Attar describes leveraging fighter brand equity to build owned businesses rather than taking traditional sponsorship deals, exemplified through Conor McGregor's ventures.
Key Points:
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Core Strategy:
- Build owned brands and IP instead of taking sponsorship checks
- Focus on long-term equity value over short-term sponsorship revenue
- Ensure authentic alignment between fighter and business venture
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Example: Proper 12 Whiskey
- Turned down potential whiskey sponsorship deals
- Invested own initial capital (~few hundred thousand)
- Found right operating partners and strategic capital
- Built supply chain and route to market
- Resulted in $600M+ exit after 3 years versus potential 7-figure annual sponsorship deals
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Implementation Requirements:
- Must have genuine interest/connection to the product category
- Need substantive, quality products - not just branded merchandise
- Understand market dynamics and opportunity for disruption
- Partner with industry experts ("black belts") for operations
- Be patient and willing to bet on long-term value creation
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Results:
- Generated generational wealth through equity ownership
- Created sustainable revenue streams beyond fighting career
- Built platform for launching additional owned ventures
- Established blueprint for other fighters to follow
03:54 - 04:45
Full video: 01:13:55SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.