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    Home»Passive Income»Shaquille O’Neal on Franchising, Investing, and Fighting Nerves
    Passive Income

    Shaquille O’Neal on Franchising, Investing, and Fighting Nerves

    IDKWYDBy IDKWYDFebruary 25, 2025No Comments7 Mins Read
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    Shaquille O’Neal is supersized in each method. His resume is longer than his physique and he is over seven toes tall. He earned 4 NBA championship rings. He is a cohost of Contained in the NBA, a present that is gained 21 Emmys. He is a decide on The Grind, a pitch present for entrepreneurial college students. He owns a few gazillion franchises and does an entire bunch of different stuff, too.

    I used to be thrilled to have him on a latest episode of How Success Happens, which you’ll be able to hearken to proper right here or learn an abbreviated transcript under. Shaq is humorous, inspiring and very beneficiant — however make no mistake, if he is joyful together with your angle, he’ll put palms on you.

    Dan Bova: Shaq, you are a busy man. You do not simply sit again and calm down.
    Shaquille O’Neal: Rising up below the tutelage of a army drill sergeant, you are all the time taught to simply keep centered and simply maintain working and on to the following. I’ve by no means been one to relaxation on my laurels or, you understand, be impressed with my accolades. I work arduous, I obtain accolades after which simply, you understand, proceed to the following factor.

    On the pitch present “The Grind,” you gave a whole lot of contestants the identical piece of recommendation: Do not get nervous whenever you discuss cash. It is simple to say “Do not get nervous” however arduous to do.
    Each time I attempt to use OPM (different folks’s cash) to construct different corporations — particularly within the tech area — I communicate to the tech specialists so I do know what I am speaking about. If you understand the ins and outs of it, you are not nervous. I attempt to do my due diligence and actually perceive what I am asking for. You do not wish to go to a gathering with Jeff Bezos and simply ask for $100 million. You need Jeff to know and perceive precisely what you are doing, after which he can say, “Okay, Shaq, I consider in what you consider in. I prefer to be an investor in your organization.”

    I’ve learn that rising up, you were not so excited to be a lot taller than everybody round you. Any recommendation you may give about getting comfy in your personal pores and skin?
    I’m a product of my atmosphere. I wasn’t comfy till I noticed one other tall NBA participant by the identify of Magic Johnson. I imply, he smiled and he is dribbling and all people loves him. I noticed the perks that he had, and I used to be like, “You understand what? I like being tall now.” At first, whenever you’re the tallest child at school and all people’s taking a look at you, it is uncomfortable. However across the age of 14, once I began coming into my basketball physique, then I simply forgot about it. One of many positives for me is that I acquired handled like an grownup early on. I used to be 17 and so they thought I used to be 23, that was the perfect. I am unable to say that now, however I do look good for 50.

    Associated: The Smart Strategy Shaq Used to Start His Big Chicken Franchise

    You’ve got been part of new enterprise launches like Campus, however you are additionally actually huge on franchising. What drew you to that versus beginning your personal factor from scratch?
    I name it OP — possession and partnership. You understand, after all, I am not working the franchise, however you companion up with people who find themselves smarter than you. It’s about proudly owning and being workforce members with manufacturers which are very, very profitable. And as for Campus, schooling is so necessary to me. I am getting a grasp’s in liberal arts, however I wish to be a sports activities psychologist.

    Sports activities psychology, I think about a whole lot of younger gamers within the NBA ask you for recommendation. Is that what led you to pursue this?
    I form of discover it arduous to consider a man who’s by no means been in strain conditions can inform me the best way to deal with strain. Athletes know that I perceive. And as soon as I include the tutorial credentials, mixed with the sports activities background? If you put these two collectively, I believe it is a very highly effective element. I have not seen any sports activities psychologists which have gained championships. I’ve had a whole lot of strain, so I wanna be the primary and solely.

    You’ve got been an important chief on the courtroom. You’ve got performed for six groups. What’s Shaq’s day one within the locker room like?
    It is like watching any penitentiary film. On day one it’s important to allow them to know who the badass is. The one time I did not do this was once I went to play with LeBron as a result of he already had the whole lot below management. For each different locker room that I am going into, you understand that I am in cost. And when you do not hearken to my methods verbally, I should put these palms on you. And I’ve put palms on a whole lot of gamers. I am not going to say who, but it surely’s my method or the freeway. And when you If you happen to do not prefer it, then you’ll get handled correctly. It’s a must to allow them to know in entrance of all people, “Hey man, shoot the ball yet one more time and I will punch you proper in your face.” After which if they arrive down and shoot it? You bought to punch him within the face. As soon as they know you are critical, you achieve management.

    Associated: Shaquille O’Neal Reveals His 3 Secrets to Success

    Years in the past I interviewed you in particular person, strolling round a mall in Florida. And it was wonderful to see how folks react to you and the way a lot time you give to folks.
    I like to exit to a few of my favourite spots, like Finest Purchase or Wal-Mart, and ear hustle. You understand what meaning? Ear hustle means listening to folks’s conversations. So I used to be in Walmart and I noticed this little lady and her mother. So the lady was going, “Mother, I need this, I need this,” and I may see that the mother was attempting to do her greatest to get what she may afford. So the whole lot that the little lady checked out, I simply waited behind after which I simply grabbed it. So then when mother goes to pay for her stuff, I give her this cart stuffed with stuff. I used to be like “Right here you go. You guys left this. That is free.” She’s like, “No, I am unable to take it.” I used to be like, “Sorry it is paid for it, it’s important to.” Then I instructed the little lady, I mentioned, “Little child, do not ever take stuff from strangers.”

    Not everybody who has the means does stuff like that.
    My mom gave me the best piece of recommendation ever. And it is so easy. It prices you nothing to be good. I’m who I’m. You understand who I’m, however I haven’t got to all the time throw it in your face, proper? Simply be good. If you happen to’re good, I am good. We dwell in a loopy world the place we want an entire bunch of niceness.



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