Joe Pompliano Profile picture
Oct 4, 2020 β€’ 8 tweets β€’ 3 min read β€’ Read on X
Most people say they are willing to do whatever it takes, regardless of what others think, to be successful β€” but are they really?

One athlete epitomized this concept.

Time for a thread πŸ‘‡πŸ‘‡πŸ‘‡
1) Rick Barry, who spent time in both the NBA & ABA, retired in 1980 as one of the most prolific scorers in basketball history.

Resume
- 12x All-Star
- Over 25,000 Points
- 9x All-NBA/ABA 1st Team

The most interesting part?

He's remembered for something much more unique.
2) Despite being an excellent player, Rick Barry struggled with free throws in high school.

His father recommended he start shooting them underhanded, but Barry was concerned he would be made fun of.

His dad's response?

"They can't make fun of you if you're making them.”
3) After seeing initial success, Rick Barry continued to shoot free throws underhanded throughout his career.

Upon retirement in 1980, Barry's 90% career FT percentage was the best in NBA history.

But why don't more NBA players use his technique?

They have too much pride...
4) Wilt Chamberlain, a dominant NBA player, was a historically bad free throw shooter.

The one year he shot underhand, Chamberlain made 61% β€” a career high.

Who wouldn't try it?

Shaquille O'Neal β€” who said "I’d rather shoot 0% than shoot underhand. I'm too cool for that."
5) Whether it's in sports, business, or just everyday life, people are always willing and able to say "I'll do whatever it takes."

But when it comes down to it?

All too often, few ever actually will.
6) Always remember...

The sooner you stop caring what other people think, the better off you are.

Don't ever allow the opinion of others to get in the way of you accomplishing your dreams, no matter how many times they give it.
If you enjoyed this thread, you should:

1. Follow me, I tweet cool sports stories everyday.

2. Subscribe to my free daily newsletter where I give detailed analysis on topics involving the money and business behind sports.

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More from @JoePompliano

Sep 3
Frances Tiafoe has a crazy story:

β€’ Parents immigrated to America
β€’ Dad worked in construction
β€’ Helped build a tennis facility
β€’ Got Frances free lessons

And now Frances is a top 20 player trying to become the first American male to win a Grand Slam in 20 years.

THREAD πŸ‘‡ Image
1) First off, tennis is an expensive sport.

Between training, travel, and tournaments, a youth career could cost $400,000.

And even if you turn professional, only the world's top ~150 players end up turning a profit after expenses.

That's what makes Frances' story so special.
2) Frances Tiafoe's parents were born in the Western African country of Sierra Leone.

They immigrated to the United States after a civil war broke out back home and settled in a suburb outside Washington, D.C.

That's where Frances was born. Image
Read 11 tweets
Aug 19
ALLCITY Network is changing sports media.

They just raised a $12 million Series B and are already doing eight figures in annual revenue.

Full disclosure: I own equity in ALLCITY (because I think it will be massive).

Here's why πŸ‘‡ Image
1) Everyone knows sports media is struggling.

The democratization of content (podcasts, social media, etc.) has hurt RSNs, newspapers, and radio stations, leading to smaller audiences and mass layoffs.

However, this is where ALLCITY sees an opportunity.
2) The easiest way to explain ALLCITY is that it's a digitally-focused network of local sports content.

The business model is simple:

1. Go to a big sports town (Chicago, etc.)
2. Hire the best talent (radio/reporters)
3. Have them start podcasts/write
4. Sell ads as a network
Read 11 tweets
Mar 1
The 2024 Formula 1 calendar is insane:

β€’ 24 races
β€’ 21 countries
β€’ 5 continents
β€’ 180+ hours of flights

Teams will travel 75,000 miles & transport 1,500 tons of equipment.

This makes it a logistical nightmare, so here's a breakdown of how Formula 1 pulls it off.

THREAD πŸ‘‡
1) The simplest way to explain Formula 1 logistics is by breaking the calendar into two parts:

β€’ European Races
β€’ Flyaway Races

Let's start with European Races.
2) European races are self-explanatory β€” these are races that take place in Europe.

Examples:
β€’ Monaco
β€’ Monza
β€’ Zandvoort
β€’ Silverstone
β€’ Spa

These races are easier and cheaper logistically because everything is transported by trucks rather than planes and boats. Image
Read 16 tweets
Feb 7
Apple Music pays the NFL $50 million annually to sponsor the Super Bowl halftime show.

But Usher won't get any of that money.

Instead, he'll perform for free, leveraging the exposure to gain followers, sell tickets, and increase streaming numbers.

Here's how it works πŸ‘‡ Image
1) Some of the world's most famous artists have performed at the Super Bowl:

β€’ Prince
β€’Β Michael Jackson
β€’ Bruce Springsteen
β€’ Beyonce
β€’ Justin Timberlake
β€’ The Rolling Stones
β€’Β Rihanna

But NONE of these artists were paid. Image
2) Here's how the financials work:

β€’ NFL signs a $50M sponsorship deal
β€’ Artists get a ~$15 million production budget

This budget covers 2,000 to 3,000 part-time workers, including set design, security, dancers, and marketing.

But artists don't get any of the money.
Read 11 tweets
Jan 27
My favorite sports business story involves two brothers turning $1 million into $800 million as basketball team owners without ever owning an NBA team.

It's a masterclass in leverage, long-term thinking, and the power of equity and ownership.

Here's the crazy story πŸ‘‡ Image
1) The story starts with Ozzie & Daniel Silna.

The two brothers were born in New Jersey after their parents immigrated from Latvia in the 1930s.

They worked at their dad's small textile business, but when he sold the company, they started manufacturing polyester in the 1960s.
2) As polyester sales skyrocketed throughout the 1960s, Ozzie & Daniel Silna's business grew.

So they used $1 million in profit to buy the ABA’s failing Carolina Cougars in 1974.

They then moved the team to Saint Louis and rebranded as the Saint Louis Spirits. Image
Read 12 tweets
Jun 13, 2023
I asked my audience: "What is the best sports book you've ever read?" β€” and received more than 1,000 responses.

Here are the Top 10 πŸ‘‡

1) Open, an autobiography by Andre Agassi.

Everyone needs to read this, seriously. Image
2) Moneyball by Michael Lewis

This book follows the Oakland A's historic 2002 season β€”Β 103 wins with one of the lowest budgets in MLB β€”and details how the Athletics pioneered the use of analytics and advanced statistics.

This is a must-read, plain & simple. Image
3) The Score Takes Care Of Itself

This book breaks down the leadership lessons Bill Walsh installed as head coach of the 49ers, taking the team from a 2-14 record to Super Bowl Champions in just 2 years.

It's full of great stories.

And it's so good that I've read it 3-4 times. Image
Read 12 tweets

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