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Rich Paul

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61
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2023-10-09
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2023-10-09
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  1. I would like to say thank you for having me on. I know you're not into sports like that, but obviously, you know, I'm doing something right to get your attention. So I'm happy for that. And to the audience, you know, Important to really care about what other people are going through despite what society teaches us. I think it's important to really dive into other people's experiences because It allows you to try to have a better perspective and a better understanding of people. And so I'm glad to have matured to the point where I can honestly say that because I grew up in an environment where we didn't care about nothing at all.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  2. I would put kindness never hurts. Love is never wasted. Unity starts with you. Trust makes it possible. Community is a mentality. And honesty keeps it real. And I think you need all those things to change the way. People are living today for the better, you need all those things to help uplift somebody. You need all those things to unite and collaborate. And you need all those things to be clutched.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  3. Yeah, that's either a kid like he's playing Mortal Kombat. It's like just sitting there dizzy, you know? So I wanted to give them. An example and understanding and paint a picture through storytelling that they see themselves in, that same mirror, and like, damn, I don't have to go out here and rob somebody. I don't have to go out here and kill somebody. I don't have to go out here and feel like I'm not being heard. He had the same problems I did. Wow, I see myself in that. And here's an example that I see every day. I can see him. I can touch him, whatever. I'm accessible to people. I like to talk to people when they see me out in the street. That was encouraging for me. What I didn't want to do is write a puff piece. And that's what I said to my team. If I do a book, it will not be a puff piece. I don't want to write a book on look what I did, look how much money I made. I don't need to do that. That could be the second book. That can't be the first book. The first book people need to know who I am at my core, what I've been through. And it was therapeutic for me.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  4. Get through them, continue to push, continue to persevere, and you can end up in a different spot. And I wanted to give kids that example and just people in general, regardless of race, regardless of gender, I just wanted to give you that example. And it was the right time for me because I'm in a place where I'm honestly comfortable enough. And I feel like I've accomplished enough to allow people in. Because today people want to be Rich Paul. They want to be do the things that I do. They want to be an agent because of me. And once I got to that point, I wanted to help them understand who I really am and why I do the things I do. Because it's very misleading to say, oh, this guy became a top agent. He'd done $4 billion in contracts and he didn't go to college.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  5. Being able to have someone hear them. And so I wanted to write a book to where I shared my experiences, I shared my journey, but also wanted to let people know that you're being heard. And not only are you being heard, you can be in a different place as long as you stay in the moment. I know it may seem dark and gray and bleak and challenging, but you tend to think that everyone's paying attention to you and what you got going on. And so you get discouraged, but in reality, they're not. Everyone has their own problems. So just get through yours.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  6. Think a book brings a seriousness to it, right? Instead of just kind of doing a visual, I think when people really sit down and read a book, you can really dive into its chapters and read it again and go back. And so the book form was important. The timing of it was important. Just, you know, you look at the state of the world. How are you sees the world today, the different perceptions that people may feel like they have without

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  7. Do that, and I had plenty of nights like that, whether it was on the basketball court or whether it was at the dice game. And I think about those moments all the time. Those were some fun times, man. It really was.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  8. Come back. You think the Calves came back from 3 1. You don't know what it's like to. Have a hundred dollars and you're down in your last dollar and you 11 years old, and you got $1 left and you turn that dollar into 200. You roar all the way back. The redemption trail. It's an unbelievable feeling

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  9. I played quarterback when I was in Mini League football player. And if I switched to receiver or safety, it was just, you know what you're supposed to do. You know how to do it. You know we worked on. You know we practice on. You can do it. And that was the mentality. And they had, we had the expectation of when Belichick was leading the Patriots, when the Patriots were, if they didn't want to go to the Super Bowl, it was a failed season. Like that was our mini league team. Like we did not go to the city championship, something was wrong. And so you go into practice with that understanding and that mentality and that expectation on you, that's what it was. And then even when I was young, you know, gambling, shooting dice, my dad would instill that confidence in me. And look, I've had some unbelievable.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  10. Again, going back to my dad, first and foremost, my brother, even to this day, when I called my brother about something, he's like, and I'll be talking to him like, bro, you know, I'm thinking about doing this. And what do you think? I think it may work. He's like, bro, it's going to work. I've been telling you this since you was a kid. It's going to work. Don't even worry about it. Like this is his exact conversation. But outside of family, you know, I've had a lot of people steal confidence in my uncle Warren when I played mini football. You know, they would put the confidence in you. You may not like the words, but you know that they're still in the confidence in you.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  11. But I think it's a misconception with player empowerment because it's not like they can write their own checks or they own the teams. So it's only so much power within that empowerment. But I think the empowerment is for players to empower other players to do as you feel necessary within the lines of your professional positioning and obviously your contract, but don't feel the need to have your journey look like someone else's.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  12. And just having a mindset that I don't necessarily have to play my career or put my career on the same track as somebody else's because that's what the media or anybody around my game would expect me to do. And the example of that is Reggie Miller was a great player. He spent his whole time with the Indiana Pacers. Dirk Novisky was a great player. He spent his whole time with the Mavericks. Kobe was a great player. He spent his whole time with the Lakers. But LeBron and Katie are great players. They've been on several teams. That doesn't make them any lesser than a legend or icon as those other guys that just named. But because these people get on these media platforms and try to create a narrative of what's right, what's wrong and how something should go versus how it shouldn't? No, everybody's career and their journey is their journey.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  13. Player empowerment, I know that people use this a lot, but it's really player choice. I think that oftentimes people say, as player empowerment, you get confused with like, oh, a player can just do whatever they want. No, that's not the case. I think player empowerment comes through the lens of education, understanding that you do have a choice Flexibility

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  14. You're at the end of good times, that painting is called the Sugar Shack. Eddie Murphy actually owns the original one from my understanding. And I was fortunate enough to be able to purchase this piece. This is called The Runway. You know, growing up, I watched Good Times a lot, didn't know anything about art, saw that picture the whole time. And then as I got more into art, I started to learn different artists. And Ernie Barnes was somebody I wanted to make sure I had in my collection.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  15. No, their place, yeah, properly. But the Ernie Barnes Ernie Barnes is a well-known black artist. He's most known for the cover of Marvin Gaye's album.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  16. Just your approach to that, that detail, stay in that detail oriented, will allow you to progress. So that's what that meant.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  17. Iron and clothes, no problem. And I think that the detail of it and my preciseness of it allowed them to trust me more. And the more they trusted me, the more I can charge. So now ironing jeans is one thing, but if I'm ironing silk pants or silk shirt and I knew how to adjust the iron to wool and linen and so on and so forth and I built a good business and I made money every which way like that right and but then me understanding that and willing and wanting to align those creases properly and take my time to do it and prepare as such with the iron and the water and light starch and things like that that quote that you made how you do one thing is how you do everything that's at its foundation and your approach to it because whatever arena you're in

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  18. My sister taught me how to iron my jeans first and foremost, and then once she taught me, it made me feel like I was an adult at a very young age. And then I started to decide that there's the detail in it and ironing my jeans the way I did and having the creases line up. And then I perfected that. And then from there, I realized that, oh, I can iron really good. So I started to advertise my ability to earn. And so when I would go to my uncle's house or somebody's house and they get dressed and get ready to go to the bar, the club, they can't do two things at once. So I say, hey, I'll iron your clothes for you. And there's going to be a charge for that. And I made money.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  19. Growing up, we had very little options. And if you had an entrepreneurial spirit, you only could be that entrepreneur through hustles. And that hustle could have been everything from selling jerseys to selling drugs, selling candy to selling inner tubes from a bike or everything was a hustle. There was no real jobs. There was no real understanding of corporate America. There was no opportunities and there was no examples, more importantly, to see someone go to work every day, get a raise, get promoted, then go from being promoted, get promoted again, and then become partner. And we didn't have these examples that I have today.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  20. Of an environment to where many didn't. And when I say they didn't, not because they're dead or in jail, but because mentally, they just can't see past what's in front of them. And I'm extremely blessed and lucky to be able to do so to the point to where it's gotten me this far. At the same time, it's a little sarcasm to it because I didn't have my mom. I didn't have many options. My entrepreneurial spirit led me down the road of what some would say was detriment in darkness at the same time. I was able to persevere through it. And so there's a number of meanings in between it or amongst it. But ultimately, I felt that was the right title.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  21. Why lucky me? Look, when you think about it, I grew up in my dad's store. I learned math through playing the numbers and selling beer, wine, cigarettes, et cetera, candy. I was extremely lucky to have that environment. I was extremely lucky to have a dad who believed in me enough to stress education and to teach me things that he knew I was going to need to be successful in life, not successful for the moment, but successful for the duration. And success not necessarily meaning from a finance perspective, but just from a humanity perspective. Extremely lucky. I was extremely lucky to go through some of the things that I went through to help shape me and mold me to understand life's challenges and to be able to survive those thunderstorms emotionally and things like that to get out on the other side. And so in addition to Jay-Z lucky me being my favorite record, there's a number of things I was extremely lucky for. I was able to make it.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  22. And that's just showing people respect and believing in them. And so I think that's helped him tremendously. Now, we all have ego. Don't get me wrong. You have to have an ego to have confidence, but you're not invested in your ego. You're not leading with the ego. You know when the ego is supposed to come out the room and when it's not. When he's at that, I still call this staple center. He has an ego. He's LeBron James. That's his show. That's his stage. He's there to perform and put on a great show. sometimes too great of a show. If you ask me, I would like him to be a little bit more precise with things. And we debate about that as well.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  23. Most important thing in all of that though is he's not going to look at it as if he can overpower or just do something for the sake of doing it because he is LeBron. See, it takes two to tangle. And that has helped him along the way. We all have disagreements and meetings and so on and so forth. But one thing about him, he's ego less enough to know when he should listen.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  24. I think he's that way, but also LeBron's from Akron, Ohio. If you've ever been to Akron, there's not much there. So there wasn't these things that allowed him to develop this ego, per se. When you think about his friends, same guys he went to high school with, same guys he go back with now, yeah, he's LeBron, but they still talk crazy to him and they talk about things and they laugh and joke or whatever and fall out and get back together. You know, that's just life. And then when you think about his business infrastructure, myself, Maverick, Randy, et cetera, we don't really care that he's LeBron per se. Like he values our opinion. We value him. If we have a discrepancy or disagreement of something, we're not going to hold our tongue because he's LeBron. And that's one aspect of it, but that's not even what's the most important.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  25. Just have the time, give yourself time and be patient and do the little things necessary to continue to reposition yourself. And it's going to happen for you. And that can be a part of the ecosystem of sport in any sport for that matter.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  26. X star players, let me say that X Star players because they weren't allowed to have the ego that most star players have. And so they actually become better coaches. When you look at a Tai Lu, when you look at a guy like Adrian Griffins getting the opportunity now in Milwaukee, well deserved, overly deserved. When you look at guys like Quinn Snyder, who, you know, Quinn played ball. He was a good player. You know, he wasn't John Stockton, right? But he's a hell of a coach. And he's going to make more money as a coach than he would as a player. T Lou has already done it. Darvin Ham's going to do it. When you really think about this, because I study this stuff, a guy like Jamal Mosley, he tried to play ball and play ball a little bit, but whatever. But as a coach, he's going to be, but he paid his dues, you know, went from development to this to that.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  27. There's no real gray in it, man. And I just want them to understand how important it is to get their ducks in a row at their youngest age because that's when they make their money at their youngest age. The average person makes their money between the age of 45 and 65. The average athlete makes their money between the age of 19 and 25, maybe 30 if they get that far. It's so hard. And then learning when to jump off that dream train, right? Yes, I know you thought you were going to be a Hall of Famer. You thought you was going to be the all NBA guy. You thought you were going to pay 15 years in the league. But if you play two or three or five, save your money, do the things while playing to learn how this business actually operates and start to position yourself to where I can still be around the game in a different form. When you look at guys, there's a reason why top coaches aren't really explayers.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  28. come to me with the conversation it's very real you know i don't really have a lot of gray in me it's pretty black and white even though i have a gray clutch athletics hoodie It's pretty black and white for me because that's how life is, right? Life is just no gray in it, man. It's outside of the days. 300 of the days in Cleveland, Ohio, that's great, but like.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  29. Yeah, of course. Yeah. And then, how are they Positioning themselves to where when the ball stops, it's not about just having a ton of money. Like, how can I do something else? How can I be perceived while playing as someone who can transition and do something else? There's this idea that I made a lot of money. I don't have to do nothing else. Well, that's not true because you made a lot of money, but you didn't diversify your portfolio unless your money is making money for you and you live a lifestyle in which your 8% or your 10% or whatever it is return each year is able to pay your bills and your taxes on your home and stuff like that. Then you got to go to work. You have to go to work. And it's a big difference when you've made $50 million this year and then next year you made nothing. It's just tough.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  30. Nowadays, I think there needs to be someone that players need to talk to and be open-minded to having a therapist to get stuff off their chest because they deal with a lot. They deal with a lot. I think it's also important for players to not feel entitled to do things. Oftentimes they feel like they have to take on all this onus to do something for other people. And that's not real because when it comes down to it, if you ask probably 80% of the players that aren't in a position they used to be in and ask them who can do for them. It's not going to be many, if any for that matter.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  31. Find that out because this is very important. Your chef should then go and sit with your nutritionists on your team and figure out you should do all the testing, everything you need because your body ultimately is the engine that keeps you running. That's how you make your money.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  32. I would say checks and balances really getting the proper financial team in place. And that's everybody from a CPA to the guy who manages your investment portfolio or the company that manages your investment portfolio, really having somebody monitor that because that's a very fragile thing there. But at the same time, deciding what it is that you want, I like to live a certain way now that I understand better on how to live. And so if you are a single man with no family, do you really need a 20,000 square foot home? Probably not. Right. You're not going to be home half the time. Do you really need to fly private? Probably not. So there's different ways to go about it. But what's most important? Should you hire a chef? Yes, you should. Should you take a shortcut on that? No, you shouldn't. Do you know the difference between a chef and a cook?

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  33. It's also not fair to yourself. What the conversation should be like is look, I understand you don't have the ability to pay for anything. And if you're a parent, I'm doing it out of love. I love you. You're my kid. But if you're somebody else, just be honest with it. Hey, look, I'm going to do all I can to help you get to where you need to go. Once you get there, if there's an opportunity for me, then I'm going to do all I can to position myself to where if you give me that opportunity, I can then be of value to you. Very simple.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  34. Now, when you're an amateur to be able to stand next to you to get some crumbs or whatever the case when you become a pro. And whatever their aspirations were, if it was to hang out, the girls, the travel, whatever it is, the money, whatever it was, but you see what they did, basically you created something that ultimately became your own demise because up front, you taught them wrong. You taught them, oh, I'm doing this out of love. I'm going to pick you up. I'm going to do this. I'm going to do that all to turn it around on them when they start making money and say, remember when I did this or I did that, well, that's not fair to the player.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  35. Most guys, that's athletes, especially they've come from an environment to where everyone along the way has made it about them. And so if you have the mentality that it's only about me, then you're not going to value other people and what their capabilities are, what their expertise is. But if you're a walking corporation, we can't name one corporation that does not have infrastructure, organization. They have an organizational chart. They have people that do certain things and there's clarity within that infrastructure. But it comes with the cost. And so most athletes don't want to do what? They don't want to pay anybody to do anything because along the way, everyone has did things for them for free. But it wasn't really for free. It was to be able to be standing there next to them at a time where there was actually something to gain. So I'll sacrifice this.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  36. Think there was a genuineness they can feel that in the room. There was an actual real care for who they were as individuals and as families. I just thought different I labeled education. I wasn't selling anything because I found out very early. There's nothing to sell. You know, you can go in with your PowerPoint back in the day. We put the CD in and show all these other people that the company represented. But the reality was those people were never going to touch those people. And those people don't actually care about the people that's in this room. You know, you're showing that as if it's all one family and it's not. And so I just really shined a light on that. And the people that gave me an opportunity, I did right by them, which got me the next opportunity.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  37. 25 different verticals. Okay, so sports is one of them and you roll it into it and they look at it as we'll charge the higher less. We'll charge the middle more and we'll charge the lower the max and they'll be appreciative to be here because we probably shouldn't be representing them anyway and then we'll roll it all up. And at the end of the day it goes on our books and I have a clear understanding of the business. And so when you are on your own You don't have that. You can't do that. And so I was able to get players despite that and it actually drove them crazy and still does to this day.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  38. Yeah, not cutting my fees is a way to make yourself. Because everyone, you know, people don't believe in your work practice or your expertise. And then the bigger companies, they're able to do that because they're just rolling it all into their annual revenue. So if you got...

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  39. For this company that you happen to be represented by and stuff like that. And so I had to deal with all those type of things and navigate my way around that, which I did. But that was one of the best investments for sure. And then I think the other thing was just kind of investing in self, knowing that and believing that despite the shortcomings, just stay at it. It'll turn. And again, in the dice game, we used to have to be able to say, can you send the rain? You know, a guy is throwing point after point after point and, you know, you would have to stand in there and send the rain. And eventually they turn and things go the other way. So I was prepared.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  40. Me, it was the dry runs. Getting out on that road, driving to get in front of a family and coming up short. I think it really allows you to decide if this is something you really want to do. And if so, now I have to figure out ways to get better because I didn't play the money game when I got into this business. I didn't play the money game. I didn't play the cut your fee game. I didn't do any of that. All the stuff that's still going on now, I didn't do that. And I was up against the bigger agencies that had the perception and the cachet and they had the alliances within these universities and things like that to help them give them information, give families the number or give the number of families and then sit a kid in a room and tell them don't tell them not to go somewhere because they don't want that on them, but they will tell them why they should go here. So now when you call the coach, they say, well, I didn't tell them not to come with you, but you didn't tell them they should either. But you told them they should.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  41. Just a different dynamic, and it's unfair in a lot of ways because you basically feel trapped a lot of times. And so I feel like, again, that's just a discouragement. That's just an excuse to be able to say why you didn't give somebody an opportunity because they didn't have this. But I think there's more people that can actually learn on the job training unless it's something like you have to code at Microsoft or Apple or you have to And even that, like, you know, there's geniuses that learn this stuff at home. They're not learning it from a textbook. And so I just think it's all bullshit, to be honest with you.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  42. Was really no justification. I think they tried to put it into action to prevent the next Rich Paul as much as it was about me. It wasn't nothing they could actually do to me. But they could discourage someone else. And it's no different than, again, you have to have a college degree to become this person. If you look at it and if you do the data, that basically carves out a specific group of people that are going to be given opportunity based upon the completion of a higher education. Because one thing about life don't always afford you to pay attention to higher education, especially when you grew up the way I did in terms of, and I know people had it worse than I did. And so when you talk about just trying to survive and trying to survive the day, the week, the month, you know, younger siblings and lights are off, gas is off.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  43. Well, I finished high school at a very high level. I just didn't need college. And I actually made an attempt to go to college and I actually enjoyed school. I really did. But my life was different. And for what I needed to do, I felt like I was prepared. My dad did an unbelievable job in my environment, did an unbelievable job of preparing me and equipping me with the tools necessary for me to persevere through life. I think society paints the picture of that you need a higher education for certain things and I think that when you go to get a job they go by what your education status is which again for some jobs I understand it but most kids that graduate college they're not working in their field that they got a degree in anyway so I don't know how much that actually mattered

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  44. Obviously, I didn't grow up with him in that space, but just watching old videos and things like that, just what he stood for, how articulate he was, how he saw things and broke it down and the way he did it. I think it's important to really pay homage to people like that, that room that that picture's in. I have a number of people from entertainers to activists to actors from some of my favorite movies, both, you know, mob movies and movies that was created by the John Singleton and Hughes Brothers and so on and so forth, as well as different legends and music and sports. That's a room of inspiration for me. But James Baldwin in particular, at a time where it wasn't popular to be as blunt as he was, it wasn't ideal for someone who looked like him to be as smart and articulate as he was, and not just on the surface.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  45. When I was young, I just my life had really gave me so many different tools and experiences. And so when you're a young kid, like they were, I had all the things. I had the clothes. I had the jewelry. I had the car. I had the know-how. I had the confidence. I had the experience. And we would just talk. But I think the thing that drew us together and closer was our moms. I was able to see him and observe things and have conversations with him where he could be himself and not feel the need to protect himself because I was going through the same thing or I had gone through the same thing. And so that was really brought us close together.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  46. I had a warm moon oilers jersey on that kind of caught his attention. And then he asked me about the jersey, and that's what started the conversation. And then that led to us bumping into each other again at the baggage claim. And I gave him my business card because at the time I did have a business card and I was selling jerseys to a store that he can go to locally in Atlanta. And then when he got back to Ohio, they reached out to me again and then that kind of started the relationship.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  47. Yeah, that happens a lot. Know you got to prepare. We've seen things happen this year with guys, and it's not necessarily their fault. They wasn't prepared. You're going into a meeting with somebody. You have to know pretty much what they're looking for and be able to kind of try to feel the answer to the test already. Patients can't panic. You can't take any of it personal. It's not a personal thing. And I always say some people define the business card and some people are defined by their business card. And so I don't carry your business card. So it puts things in perspective for you. But ultimately, every year I learn something new. I'm a sponge, man. I like to be educated. I have a different temperament than most would probably have. And at the end of the day, you're only going to be as strong as your client. If you have a strong client, they trust you and they are lying. Then, you know, I've been in situations where a deal got done.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  48. Several things, you know, you got to really watch out for friendly fire. There's a ton of friendly fire out there. Friendly fire in terms of giving too much information to somebody and then they share that information, not knowing who they're sharing it with. And it comes back to it's backfires on you.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  49. I would go around and just, you know, just gamble. I would gamble against anybody. It didn't matter who it was. I would shoot dice against my grandmother. She had some money and wanted to bet And that was just my mentality. So it was great. It was good, though. But it was dangerous at times. And I think about it all the time sometimes, like just being behind, abandoning buildings or in the basement of an abandoned house. Know you got this money and it's for things to go the way they went for me. I'm extremely lucky.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT

  50. Shooting dice. I was special. I had a Steph Curry had a great three-point shot. I had a great shot. I was Steph Currier dice shooting for sure. But there's also a confidence. And there was also for some real weird reason, I felt like I can actually talk to the dice and they could speak to me. That was my pet. Like everyone has a dog or a teddy bear. Like the dice was kind of my pet.

    2023-10-09 · The Tim Ferriss Show · #697: Rich Paul — The Power Broker and Superstar Agent Behind LeBron James, Draymond Green, and Others · IDENTIFIED FROM THE TRANSCRIPT