Sam Parr

I don't want to talk too much about who was there, but I'll give you a couple of stories.

I just wrote down three little lessons learned.

I'm going to try to keep this short because I can go all day about this type of stuff.

I have like pages and pages of notes that I wrote afterwards.

But I'll give you three things that I thought stood out.

So this is my lessons from billionaires.

Number one, intensity is the strategy.

So here's one of the things that happened.

At the event, we had, I think, five people who owned NBA teams at this event, which is crazy.

That's like, I don't know, one sixth of the league.

And we were like, what's the hardest part about owning a team you didn't really anticipate before you bought it, right?

You've been a basketball fan your whole life.

And he was like, well, the hardest thing is that here's a guy on my team who's got a five-year $150 million deal guaranteed.

So he plays good, $150 million.

He plays bad, $150 million.

His knee feels sore, he's got a boo-boo, he wants to sit out, $150 million.

And he's like, it is very hard to lead an organization where your upside and your compensation is guaranteed regardless of performance.

And he goes, in my life,

I'm on a day-to-day contract with myself.

That's how I've always been.