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Wisdom from a $900 Million Challenge

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Manage episode 426203128 series 2981263
Content provided by David Meltzer, Entrepreneur.com and David Meltzer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Meltzer, Entrepreneur.com and David Meltzer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In today’s episode, I share my experience stepping into the role of running Lee Steinberg Sports & Entertainment. Unaware of Lee's battle with alcoholism, I found myself leading a $900 million deal to buy the Rams during the 2008 financial crisis. With Lee in rehab, I relied on my background in venture capital and technology to navigate the challenges. Lee's advice—simplify negotiations and avoid doing business with difficult people—guided me through the complexities. This wisdom not only helped close the deal but also played a crucial role in my recovery from bankruptcy, shaping my approach to high-level business dealings.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1914 episodes

Artwork
iconShare
 
Manage episode 426203128 series 2981263
Content provided by David Meltzer, Entrepreneur.com and David Meltzer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Meltzer, Entrepreneur.com and David Meltzer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In today’s episode, I share my experience stepping into the role of running Lee Steinberg Sports & Entertainment. Unaware of Lee's battle with alcoholism, I found myself leading a $900 million deal to buy the Rams during the 2008 financial crisis. With Lee in rehab, I relied on my background in venture capital and technology to navigate the challenges. Lee's advice—simplify negotiations and avoid doing business with difficult people—guided me through the complexities. This wisdom not only helped close the deal but also played a crucial role in my recovery from bankruptcy, shaping my approach to high-level business dealings.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1914 episodes

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