Episode Transcript
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0:00
Good Company is a production of I Heart Radio.
0:02
I couldn't be in a better place, in a better
0:05
position, extremely happy for what we've
0:07
been able to build. We're growing faster
0:09
than than a newborn baby, for sure.
0:17
Hi, I'm Michael Casson. Welcome
0:19
to Good Company, where I'll explore how marketing,
0:22
media, entertainment and tech are intersecting,
0:25
transforming our lives and the way we do business
0:27
at a breakneck speed. I'll be joined
0:29
by some of the greatest business minds and strongest
0:32
leaders who will share how they build companies from
0:34
the ground up or transform them from the inside
0:36
out. My bed is you'll pick up a lesson
0:39
or two along the way. It's all good.
0:42
It's really a great pleasure to welcome
0:44
Rich Paul to Good Company. Rich
0:47
is the CEO and founder of Clutch Sports.
0:49
Doesn't need too much of an introduction, as
0:52
Clutch Sports and Rich Paul have
0:54
become synonymous with leadership in
0:57
sports in the agency side
0:59
of the business US and the exciting
1:01
part for me, of course, is when Media Link
1:04
joined forces with the United
1:06
Talent Agency at the end of One
1:10
of the great benefits of that was the
1:12
ability to call Rich Paul my partner
1:14
and my friend, so rich, welcome, thank
1:16
you, thank you for the kind words, and uh,
1:19
I appreciate you allowed me to get on and
1:21
have this conversation. Is pretty much just
1:23
a typical dinner nite for us, but we'll do it
1:25
at at tend There
1:27
you go, so rich your
1:29
story, and you know, I had the pleasure of
1:32
hearing it directly from you, and I know our audience
1:34
will will love to hear your story. But
1:37
can you just kind of give us a little bit
1:39
of a picture of how you got
1:41
started? And you know, it's a funny
1:43
thing to say how you climb the ranks, because
1:46
I think you traversed them in a way that it's
1:48
kind of never been done. You kind of went
1:50
in auto terms from zero to sixty and
1:52
about two seconds, putting
1:55
yourself right in the center of the action
1:58
in sports. But I loved it. Just talk
2:00
about kind of where you got started. And
2:02
as my friend Jeffrey Katzenberg once said,
2:04
when he asked somebody who's a singer,
2:07
when he wants to know their motivation, he says
2:09
to them, who was the artist and what
2:11
was the song? So I would say to you,
2:14
you know, who was it and what was it that
2:16
that kind of catapulted
2:18
you. I think my dad
2:20
was my biggest motivation. You know, my
2:23
story is a story of faith, it really
2:25
is, and passion too, But my
2:27
dad was probably my biggest motivation.
2:30
And I think my environment was
2:33
my my biggest push.
2:35
You know, I come from a place in which we
2:37
have very few outlets, have very few
2:39
options, there's zero infrastructure.
2:43
The education that you
2:45
are able to obtain through public
2:48
resources is very
2:52
what I would say, basic basic
2:55
education. And so you
2:58
know, as a kid, I looked around, I saw
3:01
things at a very early age I probably shouldn't
3:03
have. I heard things I probably shouldn't have.
3:06
But also the bright side of
3:08
that was the world
3:10
that I live in today. I know
3:12
that it's not necessarily
3:15
everyday life for every one, and
3:18
so it allows me to have a great balance, allows
3:20
me to actually appreciate the position that
3:22
I'm in and some of the things
3:24
I've been able to do along with my team
3:27
over over the course of the past ten
3:29
years. And the grind.
3:31
It really allows you to appreciate the grind. Nothing
3:34
was given, everything was earned
3:36
and will continue to be and
3:39
as it pertains to the to the clients
3:41
that we are able to represent, it allows
3:43
you to have this relatability and
3:45
understanding of each other as people first,
3:48
not being seen as just a transaction or
3:50
a fee. We've been able to
3:53
build the business on the foundation of that
3:55
integrity, and so I
3:57
couldn't be in a better place and a better
3:59
position, Extremely happy for what we've
4:01
been able to build. We're growing faster
4:04
than than a newborn baby, for sure,
4:06
and it's a lot of fun. It's
4:09
a lot of fun, well rich.
4:11
It's interesting. You know. I'd tell people,
4:13
and this might surprise you, but I
4:15
tell people that my parents did me a great
4:17
service and they did me a disservice.
4:20
The great service was I grew up early.
4:23
I grew up fast. I had two older sisters,
4:25
and so whether it was social or
4:28
other aspects of life, I was exposed
4:30
to a lot as the youngest and the only child,
4:32
the only boy. And you know with
4:35
with older sisters, you tend to grow up a little
4:37
faster. It just you know, you're part
4:39
of the equation in a different way
4:41
from me. And I've always said, I
4:43
don't know that I had a proper childhood.
4:45
I didn't have an improper childhood, but
4:47
again, I was exposed to things that were
4:49
probably beyond my years. You know, when
4:52
movies start started putting ratings
4:55
on them. Um, you know, you couldn't
4:57
see a PG thirteen or are or
4:59
what have you. My family didn't
5:01
have that filter of PG thirteen. Yeah,
5:05
no, And it's it's really interesting, but
5:07
I think it contributed a lot to you know,
5:10
whatever monicum amount of success I've been
5:12
able to achieve. And similar to
5:14
you, those things are motivators
5:16
and you know, again are are growing up experiences
5:19
were likely you know, different
5:21
but but similar in that way
5:23
that on the one hand, it made me,
5:26
it made me a better person. On the
5:28
other hand, I kind of felt like some of the
5:32
some of the childhood stuff escaped
5:34
me. So it's interesting that that, you know, we hadn't
5:37
had that conversation before. It can be
5:39
a sword and a shield when you have that exposure
5:42
too early, what you know, the idea of too
5:44
much too soon can really
5:47
you know, screw up a lot of people. In your case,
5:49
it obviously acted as a as
5:51
a projectile, and
5:53
in my case it did too because I just felt
5:55
like I was already there. I was already older.
5:58
I already needed to become ridding
6:00
myself as an older person because I
6:02
felt older. That's I mean, yeah,
6:04
that aligned directly with how I grew up. It
6:07
was a se sauce sort of speaking
6:09
with the good and the bad. But what emotion?
6:12
Emotion? I think it's necessary as well. I
6:15
think I wouldn't change I
6:17
wouldn't change anything. Rich Let
6:19
me go back to that question though, what
6:21
was the singer and what was the song? You know, who
6:23
was the artist and what was the song? What
6:26
made you realize that that you know
6:28
sports and you know representation.
6:31
I'm sure you didn't think about it in that context
6:33
at that moment, but what was that moment?
6:36
And I know you've told me a story about a jersey.
6:39
I'd love you to share that story.
6:41
Yeah, I think the I think the artists
6:43
from a figure to perspective was
6:46
probably just Um warm
6:48
Moon as a sports figure. You
6:51
know, that jersey met. My understanding
6:54
of who warm Moon was and
6:56
being a fan of his led me to purchasing
7:00
his jersey, and that jersey got
7:02
the attention at that time
7:05
in that moment, a young
7:07
man happened to be uh
7:09
Lebron James. But you know, I
7:12
think again the song was
7:14
was just it wasn't
7:17
a specific song, it was just entrepreneurial
7:20
spirit. You know I had that
7:23
as a kid, I had that. I
7:25
don't know. I guess my dad would probably say I might
7:27
have been two or three years
7:29
of age. Um. And I was
7:31
always very aware
7:34
of my surroundings and able
7:37
to understand
7:39
the detail and in the
7:41
different characters of people, you know, because
7:43
I was able to see characters
7:46
every day all day, you know, because
7:48
my dad on the corner store and you're in the corner
7:50
in the neighborhood. There's all type
7:52
of characters that come, male,
7:55
female, kids, adults, It
7:57
don't matter. And so you
7:59
know, one day I took a bus trip
8:02
and it was my friend's mom was
8:04
throwing a bus trip and I was really at
8:06
his house to visit him. And
8:08
when she explained to me they were having this bush
8:11
trip, I was being I was
8:13
really being supportive, and I said,
8:15
you know, I'll pay for
8:17
four four people to go. Gave
8:19
her the money and I didn't
8:22
think twice about it. So about
8:24
three weeks later, it
8:26
was in the wee hours the morning, I get this call
8:28
and it's my friend's mom and I'm like hello,
8:32
She's like, um, you know, basically,
8:34
where you guys at. I'm like, who is you guys?
8:37
You know? What are you talking about? She's like, we're at
8:39
the At that time, it was it
8:41
was Tops and Tops was a grocery store
8:44
chain in Ohio. It was it's
8:46
sort of like Rouse here, and
8:49
they would park the cars there for the
8:51
bus to meet him. Indeed, you would go. And
8:54
I was like, um, well what
8:56
do you What are you asking me to do? And she was like, we're waiting
8:58
on you. We can't leave. Were waiting on you.
9:00
So I was like, I didn't really want
9:02
to go. I was paying for someone else to go.
9:05
And she was like, well, we're here. And I was with a
9:07
friend of mine and he was like, well, man,
9:09
we might as well just go. And so
9:11
we went and we're only men, the only men
9:13
on this bus. And we go to
9:16
New York City and we get off on Canal
9:18
Street and they were going
9:20
to bargain shop, which all understand, but
9:23
I wasn't a bargain shopper. And so
9:25
we got in the cab and we went
9:27
over to Fifth Avenue
9:29
and did some shopping and whatnot. And then
9:32
the last stop I made was an NBA store
9:35
and I was going to get a jersey I had
9:37
been wanting for a while because
9:39
I was known to like, say, sneakers.
9:42
So I would have sneakers for like six months and
9:44
we're wearing It's a weird thing I would
9:46
do before this whole sneaker thing
9:48
went crazy. But but nevertheless,
9:51
I was there and I was in line. I had the
9:53
jersey I wanted and it was actually the
9:56
Trails Freewell Nicks. I wanted to go with
9:58
these bow Jackson I had had for And
10:01
at the corner of my eye, I saw this little
10:04
area and it was and I was asked to guys,
10:06
said what is that over there? He said, that's our new
10:09
hardwood classics, and I
10:11
said hardwood classics. So they had an Elgin
10:13
Baylor Lakers, a Bill Russell
10:15
Celtics, and they had an Oscar Robberson
10:18
Bucks. I bought two to three Celtics,
10:20
I mean Bucks and Lakers and
10:23
got to the register and I didn't even look
10:26
at the price of the of these jerseys.
10:28
So when I got to the register, my
10:31
balance jumped off. It
10:33
jumped all the way up, and I said, whoa, whoa, whoa,
10:36
what the hell the day he goes? Hey, man, each
10:38
one of these is like three So
10:40
I was like, So
10:42
I was like, okay, So I bought him, and
10:44
I'm mosy on we get back because the bus is
10:46
going back that day. It's not like you're spending night
10:48
and check into a hotel. So hot
10:51
back on and we get back. And
10:53
in Cleveland, Thursday through Sundays the
10:55
biggest club nights. And so I
10:57
wear these two jerseys to the club different
11:00
nights. And I just got this crazy response
11:02
Michael, and I'm like, hmm,
11:04
so that Sunday is our biggest night. And
11:08
I might have got home in like five in the morning. And
11:10
I bought my first home when I was nineteen
11:14
years old, so where yeah, And I had
11:16
this little makeshift, makeshift office because
11:18
I was trying to put myself
11:20
through college. I was going like two days out of the week.
11:23
And I stayed up all night
11:25
thinking about this jersey
11:28
response I was getting, and I
11:30
googled. It wasn't even Google you, I
11:32
don't think I put in the A. O. L. Hardwood
11:36
Classics. First thing that came on the search
11:38
was this story in Atlanta called Distant Replays.
11:41
And when I went on their site, they had all
11:43
these different jerseys and that
11:46
caused me to stay up till nine in
11:48
the morning. And I was the first person
11:50
to call this story and the guy answers
11:53
and I get to talk to him about jerseys on the side
11:55
and said, well, we don't have this where we have this one blah
11:57
blah blah. And over time I
12:00
developed a relationship with this with this guy,
12:02
and I would buy jersey from me every week and
12:05
I would ram to the club and I would get the same response.
12:08
I did this for for two months straight,
12:11
and finally, after the two months. His name
12:13
was Andy Hyman. I asked
12:15
Andy. I said, Andy, do you
12:17
think it's possible that I can invest in your business?
12:20
And he said, if you're serious, fly
12:23
down to Atlanta and see me. Well,
12:26
I had one major problem. I had never
12:28
flown before because
12:30
we would drive everywhere, you know, for
12:32
for sports and things like that. We would always
12:34
dry And so a friend of mine
12:37
said to me, I told him about this conversation
12:40
I had. He said, you know what, my high
12:42
school classmates, they
12:44
all go to clark in More house. They live in
12:46
Atlanta. So I booked the flight. You
12:48
just pay me the money back and we can stay at my
12:50
friend's house in Marietta. You go to your
12:52
meeting, we'll hang out and come on back. So
12:55
that's what we did. I didn't know
12:57
he was gonna book this flight out of akron Kent Airport.
13:01
I thought he would book it out of Cleveland. You know, Hopkins,
13:03
you got Delta and goes right there. He
13:06
was trying to save money on the purchase of the ticket.
13:09
But we have to go forty five minutes
13:11
to Act from Canton and come back forty
13:13
five minutes. So time is money, it's what
13:15
It's the way I would think. Luckily,
13:18
that's not how he was thinking. And so through
13:20
my travels, one day I'm at the
13:22
gate and these kids are I
13:24
see these tall kids, and they're like looking
13:27
at me. I'm looking at them and I don't know what they
13:29
want, you know. And and then one
13:32
of them asked me, like, hey man, what kind of jerseys that you
13:34
have? Bre And I go into explaining
13:36
and we get on the plane and get the baggage
13:38
claim. Here they come again. And
13:40
so I gave him my business card and
13:43
I said, listen, go to this store. If
13:45
you have any problems. If I'm not there,
13:48
have him called me. You can use my discount.
13:52
Sure enough, and he calls me.
13:54
But I'm back in Cleveland. And when he calls me,
13:56
and he goes, there's some kids in here. They're shopping
13:59
and dropping your name. I said, what they buying
14:01
and say buying one? Jursey said which one? Because we always
14:03
wanted to know what someone was buying Magic
14:05
Johnson Lakers. I said, okay,
14:08
so yeah, they can use my discount. By the
14:10
way, Rich, Rich, you understood then
14:13
how important data was. Okay,
14:15
you you were trying to you were you were getting the data,
14:18
so you were ahead, you were prescuted, you were ahead
14:20
of the curve. You understood that data
14:22
was gonna be predictive for your business.
14:24
So that's a that's an important message
14:26
to the audience. Trust me. Yeah,
14:29
And without knowing data back then, I guess.
14:31
So I guess you're right, and that kid end up being
14:33
Lebron James. Out of nowhere. That's
14:35
good data. That's
14:37
good literally out of nowhere.
14:39
And so that started the relationship.
14:41
But then, you know, I was always
14:43
a kid into sports and into fashion and
14:46
into culture, and that's what
14:48
I was known for my neighborhood. I was known
14:51
for being very fashion
14:53
forward, like in I
14:57
think I got pictures of this definitely in seven,
15:00
you know, wearing DC
15:03
and why my jeans were a little slimmer
15:05
and everyone else's. And I remember
15:08
having like a Versace shirt, you know VERSACEI
15:10
he didn't think it made and it was tight
15:13
at a moment where guys were
15:15
there, but you know, it was me, So people
15:17
didn't really make fun of me. They
15:19
wanted to more so. No, what
15:21
that was, and that was like my
15:23
my thing growing up. It really was. Well,
15:26
you haven't lost that. You're still a fashion
15:29
east. I'll tell you
15:32
you got some stuff. You've got some style going
15:34
on. No one gets put clothes
15:36
on here, so I just wear hoodie. Yeah,
15:41
Rich, you know, you
15:43
you broke a milestone, not recently, but
15:45
some time ago with you
15:47
know, a nice round number of representation
15:50
and contracts and and you know
15:53
clients generating you
15:55
know, in excess of a billion dollars
15:57
in contract value. Probably
16:00
you know, I've seen numbers anywhere from a billion
16:02
to two billion dollars in
16:04
contract value on behalf
16:07
of some of the boldest face names
16:09
in sport. Let's be clear. I
16:11
mean, whether it's Lebron or Anthony Davis
16:14
or you know, go down the list. There's
16:16
there's the envy of all. But
16:19
I think the part of your story
16:21
that is so interesting, not many
16:23
people. And I'll tell you again, maybe this
16:25
is a similarity in our
16:28
backgrounds would put me in the media
16:30
business. Was actually rewriting
16:32
a law. As crazy as that sounds,
16:35
I represented a client when I was a lawyer
16:37
rich and that client got
16:39
into a bankruptcy circumstance and I was a
16:41
tax lawyer, but I helped change a law.
16:43
I went to Washington on behalf of a client
16:46
back in and actually wrote
16:48
a law. But I actually wrote a sentence
16:51
that is still on the books of the United
16:53
States Bankruptcy Code because it was around
16:56
fairness in a in a particular
16:58
provision. And a senator
17:00
from Ohio, uh, Howard
17:02
met Zimbaum, who was your senator,
17:05
turned out to be an extraordinarily close friend
17:07
of mine and changed the course of my
17:09
career. And I mean that genuinely great
17:12
respect and affection for Howard met Zimbaum.
17:15
And that name is it's
17:17
just crazy that you say that, because Metsinbaum
17:21
for me growing up, was a place
17:23
that they took kids that were
17:25
didn't have parents. Yeah
17:29
really, I'm sure. I'm sure
17:31
named after his family. Yeah, so
17:33
so that's that's a funny, separate story.
17:35
But the senator from Ohio changed
17:38
my career, and I probably wouldn't be in the media
17:40
business if it wasn't for Howard met Zimbaum in
17:42
a funny kind of crazy way. But
17:45
um, you know, I get to write
17:47
a law. They wrote a law for
17:49
you, the so called Rich Paul
17:52
rule. I'd love you to give some
17:55
some some background on that and
17:57
and you know what led to that, and you
17:59
know, and and its hats off to you for
18:01
getting people to pay attention to what probably
18:04
was a law that needed to be rewritten
18:06
or a rule that needed to be changed. Yeah.
18:09
Look, I think for many years that
18:12
there has always been a
18:14
monopoly uh in the industry
18:16
of sports and representation just in
18:18
general, and you can say probably in
18:21
in representation in the Hollywood space as
18:23
well. And the biggest
18:25
thing was they weren't
18:28
used to the black face, um,
18:31
especially an unapologetic black
18:34
face. UM A young you
18:37
know, do things my way.
18:40
I'm going to add fashion forward, um
18:45
you know, um,
18:47
not afraid of conflict, not playing
18:50
the the game of you
18:52
know, lie to your client while doing
18:55
lunch with the owner type
18:57
of face. They
18:59
weren't used to that. And the
19:01
barriers that were placed and the challenges
19:03
that were placed was from a collective.
19:06
You know, it wasn't just a CIA
19:08
that were trying to make it hard for me when
19:11
I decided to start Clutch. It was everybody
19:14
involved, all the competitors involved,
19:16
whether they were
19:18
you know, given information to media
19:21
outlets or trying to
19:23
drive a wadge amongst clients and
19:25
things like that through false
19:28
information. And so when
19:30
the Rich Paul rule came about that
19:32
restriction number one, it
19:35
made absolutely no sense because you know, any
19:38
in the representation business, the
19:40
best agents are
19:42
more, you know, they learned more from
19:44
the hands on experience, and they can never learn
19:47
from having a degree, right,
19:49
Like, what is the degree going to do for you
19:52
in this space? And so I
19:54
felt like what they knew was there
19:57
was less people of color to even
19:59
have degrees, because an education
20:02
is something that it's not
20:05
the first thing you think about when you're trying to survive
20:07
in everyday life. And I knew
20:09
that my ribs is touching because
20:12
of hunger. How the hell I'm gonna think about
20:14
opening this book to understand
20:16
the opt to triangle or the A
20:19
word problem, or if I
20:21
have to write this paper in the m l A format,
20:24
I can give a ship that's about that. When I got
20:26
my siblings here that that's
20:28
hungry, you know, And so I
20:31
was really disturbed by it. And
20:35
you know, they make up these rules
20:38
and they create these narratives in this perception
20:41
um based upon how
20:43
they view you. So we
20:45
know, higher education wasn't something that
20:47
people of color was going to be able to obtain
20:50
in abundance. So therefore, all of
20:52
a sudden, you gotta be or
20:54
were You're supposed to be a lawyer. To
20:57
be able to be an agent, you had to have a law degree.
20:59
That's what it would said to be. So now
21:01
if you are someone of color and you do have a law
21:04
degree, then you're accepted because
21:06
that's going to be a small it's still gonna be a small
21:08
group of people. When I came along,
21:11
it became a thing where you
21:13
don't want to be with somebody that listens to your
21:15
type of music, or that doesn't wear a
21:17
suit, or that goes
21:19
to the club with you. Those are all things
21:22
that I actually did. And so when
21:25
the competition would be in the rooms,
21:27
they would say, knowing
21:29
that they probably meet with me next or met
21:31
with me prior, not to do these
21:33
things. And it became a thing
21:35
to where you know, you want to be with
21:38
us because we're in this space.
21:41
Well, it's funny how today is
21:44
every chance they get to hire the young,
21:46
cool black guy, they do it
21:48
and they'll pay them double triple because
21:51
they think that's all Rich
21:53
Paul is. And so we just got to duplicate
21:55
that, which is pretty adya
21:58
to think about that, But that's your where
22:00
it is now. It used to be we
22:02
wanted to you had to have the qualifications.
22:05
Now you just gotta have the cool. My
22:08
thing is great. So the Rich
22:10
Paul rule, they bring that with trying to light on
22:12
it, and it goes away because
22:15
they knew that was not right. They knew
22:17
that that was just something
22:19
that I that I felt like they put these stipulations
22:22
in these restrictions and regulations
22:24
about what right that not in
22:26
this because this is the
22:29
one business that we're in that
22:32
that actually don't apply. Now, don't
22:34
get me wrong, I'm not for anyone
22:37
just jumping into being a representation
22:39
business because it's a big business. You
22:41
are advising young men
22:44
and women at the highest level. You're
22:46
doing contracts the highest level, so
22:48
the capabilities have to be there, but
22:52
you don't necessarily have to have capabilities with
22:55
the degree capabilities could just be capabilities,
22:58
right. You know it
23:00
wasn't you or me. It was Mark McCormick who
23:02
wrote a great book called What You Don't Learn at Harvard
23:04
Business School, and you
23:07
are the personification of that. But
23:09
but my journey came through experience.
23:12
Like people don't understand my dad. I worked
23:14
in my dad's store since I was
23:16
like six years of age. Right
23:18
there, you learn customer service. Where in the
23:20
service business you learn that, you
23:23
know, whether it's you learn marketing. I
23:25
was there when the friedolay Man came in and
23:27
he's introducing the coup
23:30
ranch to Rito. This is so
23:32
now He's explained to you why
23:34
we want to showcase this blue bag
23:37
when the red bag has been selling for the loan.
23:39
You know, Richard's so interesting. When
23:41
I was in um High
23:44
school, maybe I was a freshman in college,
23:46
I knew that I was going to be I knew I was
23:48
going to go to law school. At that point, I
23:51
also knew that I didn't want to practice law forever.
23:53
I knew that for me it was a means to an end.
23:56
But I knew I wanted to go to law school. And I
23:58
said to my dad, add, can you call
24:00
your lawyer and see if I can get a job working
24:02
in a law firm, you know, as an not
24:05
I wasn't ready to be an intern, but you know, as a gopher
24:07
as in the mail whatever, you know, just
24:09
to be around a law firm. And my dad
24:12
called his lawyer and said the lawyer's
24:14
name was Max. I'll never forget, and he said, Max
24:16
Michael would like to have a job working in a law
24:18
firm because he wants to go to law school ultimately.
24:21
And Max's advice to my dad was not
24:24
what he should do. Let him go, park
24:26
cars, let him go. We'll learn how to deal with people.
24:29
He can. He's got plenty of time to be an intern
24:31
and a law clerk and all of that right
24:34
now. The best thing he could do is go learn
24:36
how to deal with people. And interestingly
24:38
enough, the job I took that summer instead
24:40
of working in a law firm was a camp counselor.
24:43
And for me, I learned
24:46
through the lens of kids. You know,
24:48
I was I was as a kid, I was a pretty good
24:50
baseball player. So sports and baseball
24:53
and whatnot we're really important
24:55
to me, and particularly baseball as a
24:57
kid. And so I
24:59
said, you know what, this is the way I can give
25:01
back. Even as a young person, I
25:03
gave back to the community. I literally found
25:06
a team at a little league that didn't have
25:08
a parent able to manage it, and I became
25:10
a manager of a little league team. I didn't
25:12
have a kid. I was in you know, I was senior
25:14
in high school or maybe a freshman in college. That
25:17
was the road I took because I said, I
25:19
took that advice and I said, I'm going to learn
25:22
more by working with people, and you
25:24
know, being a salesman in a men's clothing
25:26
store and being a camp counselor and doing
25:28
jobs like that. Just so it's so interesting
25:30
to have a master's in denning with people from
25:33
top to bottom, from the worst to
25:35
the to the to the most. You know, qualify,
25:38
you've got a PhD. You got more than a master's.
25:41
And so you know, I think that I
25:43
tell this all the time because you know, by
25:46
us and when I say us, you know what
25:49
I've been able to accomplish, what Mavericks
25:51
been able to accomplish. Obviously, um,
25:54
you know Lebron being on the court, and
25:56
you know, people kind of lump us all together. Sometimes
26:00
that's our start. We started together and
26:02
and obviously Randy as well.
26:05
But they look at it and say, okay,
26:07
well he did that, we
26:09
should be able to do it. I said, well, wait a minute. In
26:12
order for you to be me and your twenty
26:15
you gotta be willing to be me. And year one
26:18
you don't. You don't start here,
26:19
you work your way up. And in
26:22
year one there was nothing for me to do. I'll
26:24
never forget the conversation when
26:26
I asked, well, what am I own a salary
26:29
to do? And I never made more than forty eight
26:31
thousand dollars a year, and it
26:33
was nothing. There's
26:36
zero for you to do, And
26:38
so right in and there I
26:40
had to make my way. I worked at Nike for four
26:42
years understanding whether
26:45
it was brand strategy, marketing
26:48
the athlete, the voice of the athlete, cutting
26:50
so sneaker. You know, I can.
26:53
I can go into any shoot
26:55
company and work on their side
26:58
as well as on the side for for for
27:00
my client, and so that dual
27:02
threat people. People
27:05
don't understand the experience and the capabilities
27:07
can bind. And I'm not discouraging
27:10
anyone from I want
27:12
people to be encouraged
27:14
and to be motivated, motivated to
27:17
come into this space. But don't
27:19
come into the space with an entitlement
27:21
because you're sibling or
27:24
because you're a friend. Come
27:26
into this space with the understanding
27:28
that I'm not gonna get rich overnight.
27:31
That's not gonna happen. And I
27:33
have to know what I don't know. So
27:36
therefore, my biggest value to this
27:38
person that's allowing me to have an
27:40
opportunity is to understand
27:42
and to know what I don't know. So therefore,
27:44
if I can identify what I don't know, then
27:47
I can go and allocate somebody
27:50
that actually does know. And
27:52
that's a smart decision by
27:54
me, for my
27:56
client or for someone that I'm working alongside
28:00
everyone, especially in my space and come
28:02
from my world. We have
28:04
this mentality that we want to do it ourselves
28:07
and no one does it. Look at all these people in this car.
28:10
It's not just Rich and Michael on the
28:12
car, because no one does it by
28:15
themselves. But that
28:17
was the mentor. And it's a trick, right,
28:20
It's a trick because what one thing about
28:22
doing it by yourself? You know what that does?
28:25
That makes you devalue infrastructure,
28:28
that makes you devalue expertise,
28:31
and that's not a good thing. Yeah, Rich
28:33
it's it's interesting. I grew up with a friend
28:36
who the way I described him to somebody
28:38
once was this was a guy who was always looking
28:40
for the easy way out, and so
28:42
was I. But what I learned early was the
28:45
only way you get to the easy way out is to work
28:47
really hard, and then you can find
28:49
the easy way out. But it's not easy to find the
28:51
easy way out. You got you gotta work hard to find
28:53
it. Yeah, And and working
28:55
hard comes in several
28:57
packages. Going back to the rich
29:00
Paul Roue, I just think that that was more
29:02
based upon trying to discourage
29:05
someone to continue
29:07
down the path that they
29:09
that they inspired to be. And
29:12
so discouragement, I say this
29:14
all the time, has definitely killed more
29:16
people than guns. And we know
29:18
how many people guns have killed. But discouragement
29:20
is just as bad. And so I don't see
29:22
here today in my seat to discourage
29:24
anyone. I built the business that actually
29:28
has an open doorpot. I don't care if you
29:30
have a degree from Michigan or
29:32
if you have a felony. I
29:34
really don't give a shit about either one. What
29:36
I care about is who you are as a
29:38
person, your ability to come in and be willing
29:40
to learn and listen, and you're and develop
29:43
good habits and capabilities and how
29:45
you fit within our team well and
29:48
and and and that's the great outlook.
29:50
And I have to add in as a plug for
29:52
the Wolverines. I'm glad you chose Michigan
29:54
because I think you know this. All three of my kids
29:56
went to uh, the University of Michigan. So
29:58
go Blue. I'll give you that. But you know where
30:00
I stand on a book. I
30:03
do. I do so rich. You
30:05
and I made a similar decision a couple of years
30:08
apart, but we made a similar decision
30:10
to to you know, partner
30:13
and and and aligned with United
30:15
Talent Agency. I know my
30:17
motivation. I'm curious what yours
30:20
was and what was what was the attraction?
30:22
And you know it's interesting because,
30:25
as I say, we both made a similar decision.
30:27
Both had you know, fortunately built
30:29
successful businesses in their
30:32
own right. And you know I'd sold once
30:34
before, as you know, but I bought it back
30:36
with you t A. You know, you made that decision
30:39
in what was it
30:41
that you saw that would enhance
30:44
the Clutch story as part of the United Talent
30:46
Agency. And you know as well,
30:48
the opportunity which I don't mind sharing
30:50
on this call, on this discussion
30:53
of us working together, but but generally,
30:55
what was what was the motivation for you?
30:57
And in u t A, Well, it was
31:00
a couple of things. For me, I kind of foresaw
31:02
what the business was going. And although
31:05
I was and we were at Klutch, was considered,
31:07
you know, the the cool kid on
31:09
the block, I never was complacent
31:12
in that position. And so what
31:15
I the athletes is always
31:17
evolving as the world evolves.
31:20
And I had a choice to either
31:22
I wanted to grow, and I wanted to grow from
31:25
a perspective of infrastructure and
31:27
expertise. And so it's
31:30
a couple of ways you're doing that. One
31:32
was partnering with someone who already had
31:34
that in house. The other was going out
31:36
and raising capital and then
31:39
finding the people to do so. And
31:42
when I sat down with Jamie and we had a conversation,
31:44
and actually Jim Burkes had a conversation
31:47
with a partner of
31:50
a business associative mind
31:52
Uh and Paul and Paul
31:54
and Jim had a conversation which led to Jammy
31:57
and I had the conversation. And when I
31:59
and my first sit down, I actually I like Jammie
32:01
a lot, not knowing if I was going to go
32:03
down the road of doing business with him. I just
32:06
like the person, and through the conversation
32:09
he understood
32:11
where I was trying to go. We had
32:13
some great dialogue and I
32:15
think, you know, we got the deal done in probably
32:17
sixty days. And it wasn't more so about
32:20
finance for me than it was about
32:23
being able to scale properly and grow
32:25
my business properly and being
32:27
able to, if necessary,
32:30
represent the athlete holistically.
32:32
Every athlete is not going to need the resources
32:35
that we now have with this clutch.
32:37
U t a partnership, but for the
32:39
one that does, I wanted to be prepared
32:42
and we wanted to be prepared. And so the
32:45
having that partnership has
32:48
been great. It will continue to be great. I think
32:51
we're hitting our stride in a way in which
32:54
for that client that needs it one
32:57
department or two departments or every
33:00
department great. And you never know,
33:02
these things come up. These things come up, and
33:04
every everybody is different, and our younger
33:06
players are evolving and eventually
33:09
they don't want to become entrepreneurs
33:11
and want to be in executive producing
33:13
fam and television, so on and so forth. And
33:16
then when you came about
33:18
it just even added a more of
33:20
an expertise to what we do. And
33:23
this is something that we don't from like, you know,
33:25
we're not out there saying, oh, look
33:27
what we did, Look what we got. We got doing that. If
33:30
you're inside the end phone, then
33:33
you're able to take advantage and
33:35
be so far ahead of your
33:38
peers in my opinion, because
33:40
of this expertise and it's abundance and
33:43
endless part of resources
33:46
that you have. And I think one thing
33:48
that people don't understand,
33:50
and especially from an athlete perspective,
33:52
and this is what's really tricky in my In
33:54
my world, athletes have
33:57
to lead with ego. But
34:00
that ego drives a competitive
34:03
nature, which is great for
34:05
your sport on the field, on
34:07
the court, right in
34:10
business is not so great. And
34:13
so you have to understand how to balance
34:15
that and then pulled that ego
34:18
cape off and put on
34:21
more of a business minded cape to really
34:23
value the people within the
34:25
walls of the business.
34:29
I've counseled people my whole career
34:31
that the the successful
34:34
people that I know in every walk of life
34:37
have an ego and people
34:39
have to A person's got an ego, I go, I'm
34:42
not I'm kind of not interested in people
34:44
who don't have an ego. What I've always
34:46
tried to counsel people. You talked about it in terms
34:48
of an ego cape. I love that. I've
34:51
always said it, if you don't have an
34:53
ego, you never get
34:55
into the room. But once
34:58
you get into the room, you got leave
35:00
your ego outside, because it's
35:02
your ego that gets you there. But
35:04
if you let your ego then get in the way of
35:06
what you accomplish or try to accomplish
35:08
in the proverbial room,
35:11
whatever that means. Your room, maybe the
35:13
court. It may be in front of
35:15
a camera, it may be behind
35:17
a camera. It maybe noodling
35:20
on on on representation.
35:22
From an agent perspective, it's
35:24
any of those things. You don't get
35:27
successful without an ego. But again,
35:29
the people who know how to check that ego
35:31
once they've gotten to the room,
35:34
that's the people who win all the time
35:37
on the court, behind the you know, think
35:39
about it just in the in the in sport. If
35:42
if if it's all about me, all about
35:44
my ego, all about my taking that shot,
35:48
that you're never going to be as successful as the person
35:50
who has a collaborative approach and the
35:52
egos put aside in
35:54
the effort to win right, because
35:59
you are in control of
36:02
what's to be. You
36:04
know, if this was Apple right and
36:06
you were and you were a colder, well
36:09
that's different. But you
36:11
are in control of the sport
36:13
because it's me that's
36:16
on the court and I'm scoring thirty or on
36:18
the field, I'm throwing touchdowns and running for touchdowns.
36:21
And so what that causes you to do is
36:24
it causes you to buy. You push
36:26
all your chips in on that ability.
36:29
And what it causes the people around you to
36:31
do is say it's say,
36:34
okay, all
36:37
we need is actually this person
36:39
because they're doing the actual
36:42
act right there. They're scoring
36:45
the touchdown or they're they're they're making
36:47
the basket, but they're forgetting
36:49
one thing. Once you come off
36:51
that field, there's a different
36:53
business practice that an
36:55
expertise that you have to have within
36:58
and that takes a different
37:00
thought process. And just because
37:03
you're able to get that person
37:06
on the phone every day or tell
37:08
this person where to be, don't mean
37:10
you have the capabilities to actually
37:13
do the job necessary going forward
37:15
to build the business. And
37:17
that's where in my world people
37:20
running into a very very big problem.
37:23
So so so rich I want to I want to kind
37:25
of, you know, wrap on on one topic
37:27
here. UM. I know, recently,
37:30
in partnership with the et you you
37:32
produced you know, an original
37:35
documentary I think it was
37:37
called the Clutch Academy. UM, talk
37:40
a little bit about the Clutch Academy and
37:42
and and the purpose of that, because
37:45
look, we're in we're in a world right
37:47
now, we're just about every conversation
37:50
that we both have involved
37:52
content, and we talk about content
37:55
and commerce. We talk about
37:57
content and culture, we talk about
38:00
content and community. You got
38:02
into the content business, and you obviously
38:04
in sports representation, you're in
38:06
the content business because the talent
38:09
that we represent, that you represent, they're
38:11
creating content. Content maybe
38:13
on the court, that may be behind the camera all
38:16
the same. But what what was the motivation
38:18
on the Clutch Academy and and as
38:20
it achieved what you wanted through the utilization
38:23
of content. I just I just
38:25
wanted to allow it like a sneak peek into
38:27
what we actually do. You know, you get
38:29
into a lot of these rooms and you know, again
38:32
the competition they just tell lies, you
38:34
know, and so content is king.
38:36
You know, content is the new market. I
38:39
tell families that all the time, like you
38:41
know, you know brands, they
38:43
think different today and they thought twenty years
38:46
ago, ten years ago for that matter,
38:48
and so I would submit it's
38:50
ten weeks ago. It's changing on a
38:53
on a pretty dynamic basis. I
38:55
wanted to do a number of things right. It was pretty
38:57
layer in my decision behind it. Number
39:00
want to give the kids a platform to allow people
39:02
to understand who they are, not
39:04
just as ball players, but as people. I
39:07
think nowadays, you
39:09
know, you want to get into having
39:11
an understanding of who that person is,
39:13
why they do what they do, why they think the way they think,
39:16
what's important to them, and so on and so forth. So
39:18
that was me and us as a company
39:20
providing them a platform
39:22
Number one. Number two give
39:25
a little inside of who we are as a company,
39:27
how we think, how we differentiate
39:30
from the so called competitors
39:32
out there, and what's
39:35
important to us. And I think people were able.
39:37
If you actually watched it, you were able
39:39
to see that, you know what this
39:41
group really cares. This is not just TV,
39:44
this is this is real, This is genuine,
39:46
this is authentic. You saw them there
39:48
that I don't hold no punches. I hope
39:51
myself accountable. I hope my team accountable,
39:54
and we hold the the the
39:56
client accountable because you can't
39:59
walk on X shels in this business,
40:01
you know which most agents does. Most
40:04
agents, you know, the client wants you to
40:06
run and jump over a boy wire offense. Okay,
40:08
how fast we want to do it. It's just, you know,
40:10
like that you see in the movies, that's
40:12
not who I am, that's not what we represent
40:15
um And so I wanted to kind of showcase that.
40:17
And I also wanted to allow the
40:19
younger people, male, female,
40:22
whatever, who no matter what color
40:24
you are, who aspired to be in this space
40:27
to have a little bit of understanding direction
40:30
on what it actually is really about. And
40:32
I've gotten phone calls from
40:34
young men that are now agents
40:37
that are competing, you
40:40
know, or not competing but recruiting
40:42
against us in the in the marketplace and whatnot.
40:45
And you know what, and they said, man, we really appreciate
40:47
it. You helped us so much. And that's
40:49
really what it's about. You know, we can't represent
40:51
every player. That's not gonna happen. You only
40:54
represent those allow you to represent them, which is
40:56
great. But we accomplished
40:58
what we wanted to accomplish. I didn't
41:00
I wanted it to be tasteful. I didn't want
41:02
it to be a reality like
41:05
type drama type of thing because that's not
41:07
what I'm about. And so it was a lot
41:09
of hard work. It was a roller
41:11
closure of emotions, but
41:13
it was fun to do UM and
41:15
and the families. I was glad to do it for
41:17
the families. I enjoy it. And you know, we're
41:20
launching Clutch Originals, which we are
41:22
going into the content space. We're going to produce our own
41:24
content, original content UM
41:26
as well as aligned with you know,
41:29
some some different UM writers
41:31
and things like that and by projects
41:33
and so on and so forth. And so what I'm
41:35
looking at and what I wanted to
41:38
create holistically was
41:41
a branded house, you know, not
41:43
a house of brands. And so I think
41:45
we have the ability to do so. We
41:48
got a great team UM and
41:50
so we're still a very young
41:52
company. It's only we's only we've
41:54
only been here for ten years, which is
41:57
very young. And uh, We'll continue
41:59
to to challenge ourselves to get better
42:01
and do better and continue to surround
42:03
ourselves with people such as yourself, Michael,
42:05
who are o g s in the game
42:08
so to speak, and have been around for
42:10
a long time and kind of understand
42:12
the dudes and don'ts and lean on you when
42:14
when we have to and when we need to
42:16
to to better our education in the space
42:19
because we don't know everything. You know, I tell people all
42:21
the time, I don't know everything. I don't pretend to know
42:23
everything. But guess what I do know. I
42:25
know I can pick up somebody who's willing
42:27
to answer my phone call that does
42:29
know what I don't know. And that's the power
42:32
right there. That's it. And and and rich
42:34
you know, the idea of using Clutch Academy
42:36
as a as a as a way for people
42:38
to get insight into what you've done and
42:40
how you do it and how Clutch
42:43
operates and your motivation.
42:45
I want to thank you profusely for
42:48
giving this audience that same
42:51
opportunity to understand not
42:53
only where you came from, but where you are
42:55
and where you're going. No, thank
42:57
you, thanks for having me on it. I'm
43:02
Michael Casson. Thanks for listening to Good
43:04
Company. Good
43:06
Company is a production of I Heart Radio.
43:08
A special thanks to Lena Peterson, chief brand
43:11
Officer and Managing director of Media Link for
43:13
her vision on Good Company, and to Jen Seely,
43:15
Vice president Marketing Communications of media
43:17
link for programming, amazing talent and contentm
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