The Skinny Confidential Him & Her Podcast - Erika Nardini, CEO Of Barstool Sports On How To Be True To Yourself, The Future Of Creators & New Media, & What It Takes To Stand Out

Episode Date: September 27, 2021

#395: On today's episode we are joined by Erika Nardini. Erika is the CEO of the wildly popular brand and business, Barstool Sports. Today Erika joins the show to discuss how being true to yourself an...d your brand is the ultimate unlock for success. We also discuss the landscape for creators and the future of new media and what it takes to stand out.  To connect with Erika Nardini click HERE To connect with Lauryn Evarts click HERE To connect with Michael Bosstick click HERE Read More on The Skinny Confidential HERE For Detailed Show Notes visit TSCPODCAST.COM To Call the Him & Her Hotline call: 1-833-SKINNYS (754-6697) Check Out Lauryn's NEW BOOK, Get The Fuck Out Of The Sun HERE This episode is brought to you by The Skinny Confidential  The Hot Mess Ice Roller is here to help you contour, tighten, and de-puff your facial skin and It's paired alongside the Ice Queen Facial Oil which is packed with anti-oxidants that penetrates quickly to help hydrate, firm, and reduce the appearance of fine lines and wrinkles, leaving skin soft and supple. To check them out visit www.shopskinnyconfidential.com now.  This episode is brought to you by Rothy's Rothy's comfortable, washable and sustainable shoes and bags make getting dressed easy. Rothy's shoes are incredibly comfortable with zero break-in period thanks to their seamlessly knit-to-shape design. With many styles to choose from, Rothy's shoes are the perfect way to add some comfort and style to your closet. Check out all the amazing shoes, bags and masks available right now at www.rothys.com/skinny  This episode is brought to you by Versed. Versed is the non-toxic, cruelty-free, and vegan skincare brand that’s hyper-focused on bringing you real results at prices your bank account appreciates. Their products are made with proven ingredients at skin-changing levels, without the fussy packaging and conventional markups. You only pay for what matters—the goop inside the bottle Get 10% off for first time users when you shop at versedskin.com with promo code SKINNY This episode is brought to you by BEV Bev is a female-first canned wine brand that was founded to change not only the way a product is consumed, but the way an industry and culture have operated for generations. Their wines are dry, crisp, and a lil' fizzy, super refreshing and delicious. They have ZERO sugar and only 3 carbs and 100 calories per serving. We've worked out an exclusive deal. Receive 20% off your first purchase plush free shipping on all orders. Go to www.drinkbev.com/skinny or use code SKINNY at checkout to claim this deal.  This episode is brought to you by Match Dating App Let’s talk about dating for a minute. I feel like it’s become such a time suck, people are swiping away and not getting serious. You guys need Match --that is where you can find people who put actual effort into their dating lives and they don’t waste your time - they’re ADULTS. Download the Match app today and you can message your top matches for free!  Match, Adults Date Better. Produced by Dear Media 

Transcript
Discussion (0)
Starting point is 00:00:00 The following podcast is a Dear Media production. We have now used one of our friends as a guinea pig for Match Dating App. We had a friend that was on all the different apps. Some of them were creepy, okay? He was on all the creepy apps. Every app, all of them. Yeah. No luck.
Starting point is 00:00:15 No luck. And then he went on Match Dating App and he has met a girl. And you know what he's doing right now? He's on a walk with this said girl, having a romantic stroll. Looks like sparks are flying, and it looks like it's all because of Match. And that's because Match dating app is all about people who actually want to put effort into dating. What a novel concept. It is a novel concept in 2021. If I was single, I would be on the Match dating app. In fact,
Starting point is 00:00:40 shit, Michael, when you piss me off, I'm going to fucking sign up. Yeah. I always kind of do this fantasy in my head where I'm like, if I was single, what would I do and which house would I be on? It looks like this would be the one because I don't know if I would do, you know, I'm a pretty serious guy, Lauren, right? And I feel like I want to be held to a serious caliber. So that's kind of the one, that's what I would do. You do a fantasy in your head?
Starting point is 00:00:58 Yeah. I'll stop you later. Every day. Okay, this is for people who deserve real men and women, people who take care of themselves, people who like plants and dogs, who like to go on hikes. This is different than the other apps, okay? Dating games are great. We've all been there. They're kind of fun, but you get over it. At some point, you want to date someone who's fully formed emotionally,
Starting point is 00:01:20 mature. You know what I mean? It's a whole different level. We definitely have some other friends who need to get on Match App ASAP. I feel like they need to find some real people, someone who isn't wasting their time, who's authentic and badass. Don't you guys think? It's perfect for them. Look out for them on the app. You may see them. So if you're in to some real connection, like our friend who's on a hike, maybe next time I'll call him out, you can download the Match app today. That is the Match app, and you can message your top matches for free. Match.
Starting point is 00:01:54 Adults date better. She's a lifestyle blogger extraordinaire. Fantastic. And he's a serial entrepreneur. A very smart cookie. And now Lauren Everts and Michael Bostic are bringing you along for the ride. Get ready for some major realness. Welcome to the Skinny Confidential, him and her. and in such a shell that it renders them incapable of this connection that is required to be
Starting point is 00:02:29 effective in business. And if you are afraid to take risks in business, you're fucked. And I think the other thing is that if you are scared to be yourself, no one will really ever follow you or be loyal to you. All right. Stop playing with your balls. Let's go. I'm adjusting myself. It's a lot. Can I get through the intro here, Lauren? This is an important episode. It's your balls. Let's get the show on the road. I'm making an adjustment. Speaking of balls, Barstool Sports. Yes. Speaking of balls, you're throwing me off here. I'm trying to do a professional intro here for Erica Nardini. Guys, welcome back to the Skinny Confidential. It's Lauren.
Starting point is 00:03:07 Him and her show. I'm not playing with my balls. I'm adjusting. Guys out there sometimes, you know. You were playing with your balls. Sometimes you got to adjust before you get into a podcast. Do you have a half hearty? No, I don't.
Starting point is 00:03:17 I'm good to go. Okay. I don't know that you are looking pretty good. Anyways, guys, let me get back on track. Let me get professional. Welcome back to the Skinny Confidential. Him and her show. Today, we have a phenomenal guest, someone that Lauren and I really both look up to and really enjoyed speaking to. This episode is filled with a ton of wisdom, ton of gems, ton of knowledge, dropped a lot, Erika Nardini.
Starting point is 00:03:38 What I personally love about Erika Nardini is she is so comfortable with who she is and she's a boss and she has a lot of masculine energy. And I'm very attracted to that. She's feminine and she's beautiful and she's a go-getter, but she has that masculine big dick energy that I'm very attracted to. And in this podcast, we kind of go everywhere. It's incredible what Barstool Sports has done. Yeah. And alongside Dave Portnoy, Erica and the team there, Erica's a large part of that, obviously heading up the business as CEO. And when she came on board, obviously we saw the explosion of Barstool Sports.
Starting point is 00:04:16 Both Lauren and I are big fans of what they've done. Big fan of her, big fan of Portnoy. And just think it's incredible, the team they make. And she's somebody that many people can look up to. I mean, she got her arms around this massive business and basically just blew it the fuck up. I also really admire how she's created such a community with the people that work for her. She talks about it in this episode, how people don't want to leave the office. She said there's never a time of day that there's not people in the office because people are so obsessed with the mission and they just want to be a part of it all the time. It's contagious.
Starting point is 00:04:50 And there's so many jobs that I talk to so many of you guys on DM or via email. And there's so many jobs where people don't want to go to work. But what Barstool has done is they created this environment where people want to be there. Yeah. And I think what's also so inspiring about it, at least for me personally, is I love people who break the status quo and do things differently and in their own way. And they obviously do that over there. I just love people that kind of set their own path, do it their own way, set their own standard and make shit happen.
Starting point is 00:05:19 So guys, we won't take up too much more time on this intro. I promise I wasn't playing with my balls. I was just adjusting so that I could do this intro and just get everything organized. With that, Eric and Ardini, welcome to the Skinny Confidential Him and Her Show. And I got to go play with Michael's balls. This is the Skinny Confidential Him and Her. So yeah, I was just telling you off air, this one might round about in different ways because you have a very eclectic career. This is a roundabout. I love a roundabout. It's a roundabout way of me in general. Yeah. I love stories that are not predictable, right? I love people that are breaking the status quo
Starting point is 00:05:54 and doing different things. And so to start for people that are unfamiliar with you, how do you start by introducing yourself at this point? Oh, I'm Erica Nardini. I live in New York. I am the CEO of Barstool Sports. I've been here five years. I have never loved a place like I've loved Barstool. It's been truly incredible. It's an honor to be part of this brand. Professionally, I have made my way around the internet since the late 90s. So I went to college in Maine. I was a big athlete about my junior year. And in college, I was like, shit, I haven't taken a single business class. All of my friends have big,
Starting point is 00:06:31 you know, highfalutin interviews and internships. I didn't have any of that. I found my way to like the reception desk at Fidelity Investments and cut my hair short and like tried to be professional and wear terrible suits, which I did for a summer and then got a job in the legal department. I thought I was going to be a lawyer. Hated it. Would go out every night, spent all day basically writing email diatribes of what my girlfriends and I did the night before. Pre-social media, which is a miracle because otherwise I'd, I think, generally be unemployable. And long story short, I went to work at a bunch of ad agencies. I worked on the creative, on a bunch of creative teams, on a bunch of media teams.
Starting point is 00:07:12 The internet was just starting to become something. What year is this? This is 1998, 1999. And that was really fun. I was very young. Nobody wanted to work in the internet. It wasn't cool. It wasn't established. Print media, broadcast buying was very attractive, and I just happened,
Starting point is 00:07:31 I tripped on this thing and have spent the rest of my career. I worked for Yahoo. I worked for Microsoft. I helped launch a bunch of startups. I helped take a company called Demand Media Public. I was the CMO of AOL. I helped launch a direct-to-consumer music company called Backstage. And then I found my way to Barstool. So that's kind of, it's been a long and winding road for sure. So at this point, like a ton of obviously competencies, but at the core, like would you describe yourself as a marketer at the core? In my heart, I'm a marketer for sure. I think what I understand how to do is take technology, which is the internet, content, monetization, and brand, and to put those
Starting point is 00:08:14 four things together. It sounds like you're a visionary. Maybe. Sometimes I think I have vision. Sometimes I think I'm extremely tactical. And that's actually what I love about the Internet is that you can't really be either. Like to execute a big vision, it's a lot of steps and tactics. Like I was just having a conversation with Barry Weiss. I'm obsessed with Barry Weiss. I love Barry Weiss. And Barry is like, oh, like she was describing her COO who's like her assistant and her COO. Andy gets the coffee. Andy walks the dog or whatever. And I'm like, my job isn't any different, Barry, which is some days I'm a janitor. Some days I'm the mom of the office. Other days I'm trying to drive a vision. A third day yet I'm doing something entirely different. And I like that. I think that we're very lucky to work in content. And I think we're lucky to have had everything upended by the internet where so much is possible. Why do you think that you're always on the pulse? It sounds like you're always on the pulse of what's going to happen. Is that something that is just natural?
Starting point is 00:09:20 Is it something that you've like researched, read books about? Is it a medley? I think it's just how I am and how Barstool is. Dave Portnoy is the founder of Barstool Sports. We don't have a playbook. It was interesting. I was just having this conversation of the strategy is that there's no strategy. Side note, if anybody did the pandemic right, it's Dave Portnoy. Dave Portnoy crushed the pandemic. Crushed. I talk about this all the time with my friends. I'm like, if there is one person who did the pandemic right, it's Dave Portnoy. Oh, Dave Portnoy crushed the pandemic. Crushed. I talk about this all the time with my friends. I'm like, if there is one person who did the pandemic right
Starting point is 00:09:47 Murdered the pandemic. and created content that could only be created in the pandemic, like that was, he was the person. Dave got so big during the pandemic and it was so exciting to watch. I mean, if you think about it, last, I guess it was March two years ago, we shut everything down
Starting point is 00:10:07 on a Friday. We were kind of late and stalling in the whole, everybody needs to go home. And to be honest, we kept Barstool open the entire pandemic. Most people who work at Barstool Sports live within a three-block radius of Barstool, and most people live together. So it's one large Petri dish. But what we did was we sent everyone home with a computer, you know, a camera and a microphone. And for Dave, this was really a signal back to how he started Barstool, which was by
Starting point is 00:10:40 himself with a computer, you know, probably didn't have a camera and a microphone at the time, but we started the unboxing. He started day trading. He really made the most out of every hour of his day and gained massive, massive, massive following as a result. He also wasn't the only one. If you look at Barstool, Big Cat, like Big Cat, I think,
Starting point is 00:11:02 is one of the most phenomenally talented people we have. He created the Cat Cave Derby. So at seven o'clock at night, he would run a, you know, basically toy horse racing derby where thousands and thousands of people tuned in. He created a fake football coach called Coach Duggs and was playing Madden to 300,000 people watching every night. So Dave is emblematic and probably won the internet for the pandemic. There were a whole host of other people at Barstool who did the same. Yeah. I think Barstool has been a known entity. Dave was known, but after the pandemic, it was kind of undeniable. It was completely undeniable, I think part of it also was he emerged in finance. I mean, Dave, Dave Portnoy over the course of the pandemic became the voice of a retail investor.
Starting point is 00:11:51 That's pretty amazing. So I want to know what it looked like when you guys built the team, like what when you had a small, tiny team of like a couple handful of people, how has that like evolved into this huge community of people that work for you that live together? So Dave started Barstool in 2004. And I would say he probably had two. He had one guy, Paul Golzinski, who we call Gaz. And then he had two, and then he had three, and then he had five. So by the time I showed up, which was in 2016, there were about 15 people. We moved half of them to New York, opened an office. Dave and I were like with the contractors trying to open the office. Before that, we were working in coffee shops or Dave's apartment. And we got this one floor of a building in New York City.
Starting point is 00:12:37 And we said, we'll have this lease for five years. We have enough space that will last us for five years, which would have been this past year. And within six months, we had already outgrown that place. We didn't have a P&L. I wasn't sure how we were going to make payroll. We had to scrap it and bootstrap it. I mean, you guys know, like, every day was like, how are we making payroll? What are we doing?
Starting point is 00:13:00 Who's going to work here? What's the next hire we're going to make? And we were lucky in that the group that started with Dave and came with Dave, you know, 99% of them still work at Barstool. And then the second piece is we transplanted so many people here that they all gravitated to be around the office. And we have, we are very much of the internet, which means we're very much a 24-7 company. So, you know So if we're watching football and the game's 11 o'clock, it's on a Sunday night. Everyone's in the office on Sunday night. And I think one of the things that's really unique about us is just the energy and the pace. It's a very frenetic company. You can show up at our office truly 24-7, seven days a week, and there's always someone in there. Oh my there's always someone in there.
Starting point is 00:13:45 Oh, my gosh. I've never heard of anything like that. That is so cool. We're so fortunate because you can't pay anyone enough to want to work like that. There's no amount of money that is going to motivate someone to sacrifice their life to be part of something. The only thing that can create that is having something mean something and having the work matter. And we're just really fortunate in that we've attracted an incredible group of people who feel really passionately about what we're creating together here. It's a movement. It is a movement. Yeah. In a lot of ways, it's a movement. Going back to 2016, and I have some context of this because of Betsy, our mutual friend. Yeah.
Starting point is 00:14:29 But I want to hear it from you. What initially, what was the calling to Barstool? Why did you feel so strongly that- Oh, I was obsessed. I went and met the Chernan group to raise money for Backstage. And they said, hey, I was nervous for the meeting. I'd never met the Charnin group. And they said, hey, we've just put money into this company you've never heard of. And, you know, it's called Barstool Sports. And I was like, oh, I've fucking
Starting point is 00:14:53 heard of Barstool Sports. I pulled out the app, which like crashed immediately. Like I pulled out my phone, pulled out the app, and then it was crashed. And I was like, here's everything they're doing right. And here's everything that's wrong. and here's everything that's wrong and here's everything I think they're capable of. And I just wouldn't shut up about Barstool. And I left really jealous and I called Betsy Morgan.
Starting point is 00:15:12 And I was jealous because I'm like, they're going to find a white guy with an MBA who's going to be perfectly, probably works in sports. Which I want to talk about because I think Dave would have eaten
Starting point is 00:15:20 that type of person alive in about six months. Yeah, 100%. And this company would not be where it was if one of those guys had come in the door. And a credit to you. You know, I think it's credit to us. So I really, I was all over Betsy of like, can you introduce me to Dave? Can you introduce me to Dave? And then Dave and I met with Betsy in a coffee shop in the West Village and spent an hour together, completely hit it off.
Starting point is 00:15:46 And I think we both left that meeting being like, this is it. We could build something really, really great together. So what do you think, and I know this may be hard to talk about, what do you think the elements were that you brought to the table that maybe weren't there before? I mean, when I got to Barstool, there wasn't a P&L. They didn't, I remember like in the interview process, I met with the editor in chief and I was like, hey, like, you know, like, how do you guys do it? Like, when's the last time you talked to Dave? Do you have team meetings? Like, and he was like, oh, I got a text message last Christmas with my bonus from Dave. That's the last time we talked. And so I was like, okay, like there's a lot of opportunity here.
Starting point is 00:16:26 I think I had been places that they wanted to go. I think I had done things, made mistakes, made things happen that they wanted to do and to learn from. I had a lot of energy and I didn't want to change them. And I think what was interesting is in that interview process, you know, all the, you know, the, all of the guys from sports or entertainment or with MBAs was like, Ooh, you got to change this thing. Like there's something wrong with it. Or how are you going to fix this? Or, and that was a big source of discomfort in the interview process because so much of it became about like, Ooh, like, like that Barstool was radioactive. And what I saw and felt was that Barstool was so brilliant and just refreshingly different. And it wanted to go places that fortunately I had come from just without the brilliance and that
Starting point is 00:17:22 fire. You know, I learned a lot from Yahoo. I learned a lot from A fire. I learned a lot from Yahoo. I learned a lot from AOL. I learned a lot from Microsoft. I learned a lot from an IPO. I learned a lot from a bunch of failed startups. And it was honestly the combination of all those things that I think made the alchemy for us to work. I think the biggest thing though
Starting point is 00:17:40 is that Dave really wanted a partner. And I think what happens oftentimes is you bring someone like me in with a founder and the founder's like, oh, I know it all. I want to do it all. And there's a power dynamic. And we just never had that. I cannot stop talking about Rothy's shoes. I wear them everywhere. I get the white ones. They're the sneaker. They're so comfortable. But here's the thing. The main reason I'm obsessed is because they save me time. I'm running out the door. I slip them on. They're comfortable. They're not those kinds of shoes that you have to wear in. You know what I mean when you get
Starting point is 00:18:22 those really uncomfortable shoes and it takes like 10 times before they're comfortable? That is not Rothy's. I initially became very into them because I was searching for white sneakers online and up came these boat looking shoes that were just very simple and chic. I'm a huge fan of white shoes. They're true to size. I order them and I become the biggest fan. I buy like literally five more pairs. Now I have them all over my house. It's so exciting that they're a partner of the show. I recommend the white ones because I am a white shoe type of person, but they also have black and cheetah print and they have like a sand color. They have a gray. So whatever you like, these shoes are it. They're plain. They're simple. They're to the point. They look
Starting point is 00:19:05 good with everything. The best part about them though, Michael is always stepping on my white shoes and I would get so annoyed before because they would ruin the shoes. But with Rothy's, they're fully machine washable. So you can just throw them in the wash and you're good to go. They have all different tons of shapes, styles, colors. So you can always find the right one for you. Recently, they launched men's sneakers too. Oh, I got something for me now, huh? Yep. So Michael gets to be twinning with me. They're durable, they're washable. So when Zaza throws pumpkin on your shoe, you can just throw them in the wash too.
Starting point is 00:19:36 We have a code for you as always to help you welcome the fall season in style. Rothy's is doing something special. That's right, you guys. They gave us the chance to share this super rare opportunity with our listeners for a limited time. Right now, you can get $20 off your first purchase at rothys.com slash skinny. That's R-O-T-H-Y-S.com slash skinny. Head to rothys.com slash skinny to find your new favorites today. I'm telling you, the white sneakers is where it's at. What you guys did with Call Her Daddy is crazy. Like, I mean, it's so cool how you guys did that whole deal. I would love for you to speak more on that and like mainly about what happened before Call Her Daddy existed. Were you looking for it?
Starting point is 00:20:21 Did it fall in your lap? Did you guys have strategy on it? Most everything at Barstool falls in our lap, truly. It's just the kismet and the accidents are, it's so much of who we are. I gave the example of Big Cat during the pandemic of playing this fake coach called Coach Duggs. We now have a probably 350-pound guy from Florida who looks just like the Madden character who we hired. Yeah, Coach Duggs. So now he's a real person and he works for it. So much of it is serendipity and so much of it happens just from like a spark. And I really love that. The Call Her Daddy, you know, Alex and Sophia at the time, I think probably had, you know, a handful of videos. They had a couple episodes.
Starting point is 00:21:13 We're very good about watching the internet. We watch the internet 24-7. And we saw them and they were two beautiful women talking about raunchy sex on the internet. Like, that's magic. Can't believe it didn't work. Can't believe it didn't work. Yeah. So we got, you know, we reached out to them. Alex, I think had been a smoke show. We reached out to them. They came in and had a meeting. We had a
Starting point is 00:21:37 bunch of meetings with them. We had a courtship of, you know, would this work? Would they want to come? What would we do for them? What would they have to produce? And it was all very exciting. It wasn't a quote unquote strategy. We weren't like, oh, we're looking for a sex podcast or we're looking for two gorgeous girls who have controversial things to say. It wasn't that. We knew we wanted to create more female content. We knew we wanted to create more entertainment content. I'm always looking to diversify no matter what we're doing, whether it's on the business side or the talent or distribution, you name it. The more things we can play with, the better off we are. And in that case, they wandered into Barstool Sports. Two to three months later, we signed them and then we were off to the races.
Starting point is 00:22:25 And so did you guys end up structuring the deal with Spotify? Was that strategy or did that again fall in your lap? So the Spotify deal, you know, so we obviously went through during the pandemic. I would I would say that the disillusion of the call her daddy relationship during the pandemic was also a very big moment for us. One, there weren't a lot of headlines and entertainment happening. So stories that came out of, you know, one of the things it's hard to remember now is like Barstool wasn't interesting. None of us were interesting. Barstool wasn't interesting to mainstream media four years ago or five years ago or even three years ago. And during the pandemic,
Starting point is 00:23:07 nothing else was happening. We were like the only shop in town making shit happen. And so the other thing with Barstool is just a company that's really been radically transparent since the very beginning, right? The whole genius of Barstool is it's not just what Dave initially had to say, it was Dave's journey in building Barstool. And it made you feel differently about what he had to say. Or it made you relate to what he had to say differently. And the notion of being relatable and human and fallible. But the breakup of Alex and Sophia, the signing of Alex was mainstream news during the pandemic.
Starting point is 00:23:45 We knew we had one year with Alex. I feel like she crushed that year. We crushed that year. And then, you know, the time came for the renewal. And we, you know, I think she wanted to stay. I think she would say she wanted to stay. She was willing to give us a hometown discount for that. Spotify, you know, swooped in with a massive guarantee, which is widely reported.
Starting point is 00:24:08 We don't really work that way. Those economics were certainly well beyond us and were more performance-driven than guarantee-driven. But Spotify wasn't going to help her grow the brand. Spotify wasn't going to create licensing partnerships for her. Spotify certainly wasn't going to help her create merch her. Spotify certainly wasn't going to help her create merch. And I think there's a big open question about Spotify in general is, can Spotify grow brands? It's a huge question. It's huge. And it's very, I don't know if they can grow brands or not. I know that they didn't grow Call Her Daddy and we'll be interested to see. I think Alex is phenomenal. If anyone can grow on Spotify, it will be Alex Cooper.
Starting point is 00:24:51 So I don't think that also wasn't a strategy. It was like, hey, here's a renewal. Here's the landscape. We went back and forth a ton on if we wanted to compete, if we could make it work. We ran, you know, I ran a lot of models on it. And then at the end of the day, it was like, hey, we're more comfortable doing what we know how to do. If you want to go, if Alex wanted to go get a big check and be exclusive to one platform, like power to her, that's not our strategy. Yeah, I think like when I think of Barstool, I think it's like you guys build brand and IP
Starting point is 00:25:20 and you stay along for that ride to see what those brands can become. Yeah, correct. I think that's more exciting to me personally. But when you look at a Spotify, obviously their business is to build Spotify's business. Correct. Yep. Coming from all these different backgrounds, now running something like Barstool, but also coming from, I guess, more mainstream traditional media companies, what do you think those mainstream
Starting point is 00:25:41 media companies are doing wrong? And where do you think the opportunity is for people that are starting to get into this new landscape that honestly, you guys are largely part of pioneering? Sure. I mean, I think there's so much wrong. Give us your scroll. How long is the show? We've got some time. Yeah. All right. So, okay. Things that I think are wrong. I think that in mainstream digital media and mainstream broadcast media, the people who work for those companies, there's too many of them. It's too hierarchical. If you are waiting in line, raising your hand to get a job at Fox, NBC, CBS, ESPN, AOL, Yahoo, Microsoft, you know, you want, you're working for a very big company.
Starting point is 00:26:28 You have a slow company, big, slow company. There is a lot of infrastructure. You're going to have a designated job. You have a salary band. You have an employee portal. You, there's all these trappings of security, things that are compliance departments, compliance departments, big elevator banks, you know, a cafeteria like all this shit. You know what I mean? If you want that. You don't want to be uncomfortable at work, though, those being uncomfortable at work, being on the edge, being entrepreneurial, taking a lot of risk, and having an employee cafeteria and an employee portal with benefits and Slack groups that don't necessarily go together. But I also think there, so I think the DNA of, I think the DNA is very different of the employee
Starting point is 00:27:18 base. I think the second thing, and this used to drive me nuts at AOL, which is nobody reads the product or watches the shows or listens to the podcast. Or wants to wear the merch. Or wants to wear the merch. They're not fans of what's actually being produced. They're not fans of what's being produced. And when you're not looking at what you produce, what you produce is never going to truly break through and matter. And that's what I love about Barstool, right? Which is, you know, Dave drops the Dave Portnoy show, you know, once a week or, you know,
Starting point is 00:27:51 pardon my take or spit and chiclets or any of our shows. And everyone in the office is buzzing when the Dave Portnoy show drops because Dave's likely talking about somebody in the office. So it's alive, like we're consuming the content we create. And that, you know, I find I have to yell at people like daily about stealing merch from the merch closet. Like people steal shit from the closet all the time. I literally had one guy, Edwin, the other day, I saw him rip a shirt off a hanger to steal a sweatshirt to go. It was cold in the office, like to steal it and
Starting point is 00:28:25 go wear it. I need a sweatshirt. I should be wearing a sweatshirt right now. You should be wearing a sweatshirt. You do want to wear it, though. That's so true. Yeah. Like you want you want to badge it. And so when you're when your organization feels the same way as your fan, anything is possible because there's zero distance. And I think mainstream media and mainstream digital media, they started to really orient themselves to the advertiser or to the distributor. And that's really dangerous because advertisers are like kind of blowhards. They're dictating their business by what the advertiser wants. We know what the consumer wants. The consumer wants to watch commercials about blah, blah.
Starting point is 00:29:04 And it's like, no, they don't. It's funny you say that because so with Dear Media, obviously not the same scale, but when we started hiring, there was people that were submitting resumes with much greater experience coming from different networks, audio traditional. But honestly, 85% of the people that I hired were just fans of the show. It's like, hey, I'll learn and I'll figure it out. And they came in and they worked so much harder. They like it so much more. And what we also found was like, we would go and look at all these networks and you have like 10 producers working on two or three shows. We're like, we have one producer that handles like eight to 10 shows. I'm like, I'm like, what? There's obviously like a huge disconnect here. How is this possible? And at
Starting point is 00:29:40 these huge corporate companies need so many people. You're so right about how, and this also is with influencers and podcasters too, they're trying to appeal to the brands instead of the community. That's right. And I've never heard anyone say it that eloquently, but that is so true that that's happening. I think what you guys have done that's so impressive to me is that the community you've built is just incredible.
Starting point is 00:30:10 What are some pillars or like mission statements that you guys live by to like really cultivate that community? Recently, I just launched the podcast limited series called Get the Fuck Out of the Sun. And so many of the people on this podcast said one of their favorite drugstore finds is Versed. So I've told you all about the Versed lip oil. It's absolutely amazing. If you are at a drugstore, you have to pick this up. It's the cleanest drugstore brand out there. They're vegan, they're sustainably minded, and they're hyper-focused on bringing you results with proven ingredients. But here's the deal. It doesn't break the bank, which is great. The latest thing that they just launched, and they sent me this to try, and I've actually been using it on my neck and my face are the glow drops. Okay. So they're very glowy illuminating. It's
Starting point is 00:30:55 like this liquid. It's kind of almost like a serum and it just makes you look really radiant. So what I would recommend with these is I put the Versed Glow Drops on a beauty blender. I put that on and then I put my foundation on top of the Glow Drops. So it gives you this really dewy, smooth, plump skin. And I found out in the Glow Drops, they have blackberry extract. So it's full of antioxidants. Definitely try it underneath your foundation. You will be very, very shocked that it's from a drugstore. Get 10% off for first-time users when you shop at versedskin.com with promo code skinny. Versed already offers skincare products at prices your bank account appreciates,
Starting point is 00:31:34 and now they're giving you a 10% off for first-time users with promo code skinny. Available at versedskin.com spelled V-E-R-S-E-D-S-K-I-N.com with promo code SKINNY. Check out the glow drops and the lip oil. That's what I would recommend. There's a couple of things. One is that someone who will work for free because they love a brand, I always want that person. True.
Starting point is 00:32:03 Above the person with the resume. Always. That is honestly, like I tell people all the time, if I've done only one thing smart, it's hiring from the gut for people that are really passionate about what we're doing.
Starting point is 00:32:13 100%. And like, fuck a resume and what school you went to. Honestly, I don't know where one person, this may be bad, I don't know where one person
Starting point is 00:32:18 in my company went to college. Don't give a shit where they went to college. I don't even care if they went to college. Better if they didn't. you know? So I agree with that and I think I think that I had a big watershed moment in my career where I remember being at AOL and we had a CEO level meeting and we went through
Starting point is 00:32:35 every resume of everyone who had applied to AOL that week. And these resumes got ripped. Where'd the kid go to? Not a kid, but where'd the person go to school? Did they go to a private school? Where'd they go to college? Were there any typos on the resume? What was their GPA? And I was like, ugh, this sucks. Like everyone who's brilliant that I knew was foreign or an entrepreneur or just tripped into something editorial and became something great. So I agree with that a hundred percent. I also am really wary of people who have spent a lot of time in a very traditional place and then all of a sudden like find Jesus and want to be like, I want to be an entrepreneur. Like it's never going to work.
Starting point is 00:33:16 You're so right about that. I hate those people. Yeah. Like we've had a bunch of those that have lasted like 15 minutes where it's like they don't know how to use Google Sheets. They don't know how to like manage their business over text message. We do a lot at our company over text message, which you may say is wrong or right, but it's like, that's the pace that we're moving. And it's really hard when you've been spoon fed. And I think this about like people entering the workforce is like, if you've had it easy and
Starting point is 00:33:45 you have not had to dig and grind to get what you want, you're going to struggle at a very entrepreneurial place. Yeah, I think, and this is from my perspective, I think you probably maybe feel the same way. I looked at all the existing structures and how they were conducting business. And I was like, the only reason there's white space for us is because we don't want to do it that way at all, right? I want to completely break the status quo. Because that way exists. And to me, a lot of these systems are very broken and slow and lethargic and create environments without innovation. I was like, okay, if we just throw that whole playbook out the
Starting point is 00:34:19 window, maybe we crash and burn, but there's a whole new way to do this. And it doesn't matter. You crash and burn all the time. We crash and burn, but there's a whole new way to do this. And it doesn't matter. Like if you have, you know, you crash and burn all the time. We crash and burn daily. But I think to your point, crashing and burning and just being honest about it and being capturing those moments, the good moments and the bad moments, that's what builds a community. That's what makes you relatable. That's what makes people have affinity for you. We look at it where
Starting point is 00:34:46 our talent is really trying to be synonymous with something. So if it's Jared Karabas, Jared Karabas is our Red Sox guy. Most 28-year-olds on a Friday night have something better, quote unquote, better to do. If the Red Sox are playing, Jared knows Jared's on call for the blog and Jared's on call for Twitter and Jared's on call for Instagram stories. And that is the difference of great talent, in my opinion, versus mediocre, OK, talent, which is if you're going to be something or stand for something, it means every goddamn time that the Red Sox are on or something's happening in entertainment or something's happening in the news or in lifestyle or whatever, you have to have a take.
Starting point is 00:35:37 And you have to be ready to publish at that moment. And that's how we have created community. Because when something happens, people are going to turn their heads and look to so-and-so or such-and-such for a response. And that's what made Dave very good is that's how Dave built Barstool in the beginning. Dave knew that he didn't have the resources of the big guys. He didn't have any distribution. All he had was his sense of humor, literally a CMS and Twitter. And he knew that if something happened around Boston sports or Boston news or
Starting point is 00:36:12 Boston media, that if he had a take right at that moment, it would grow him much faster than if he had to take the next morning or the day after or the day after that. And that's how you build communities. You have to be very reactive. You have to have a point of view and you have to be the next morning or the day after or the day after that. And that's how you build community is you have to be very reactive. You have to have a point of view and you have to be always there when someone someone's eyes turn to you or their ears turn to you. And I think that's really what separates people is like who wants to be there when it's inconvenient for yourself. Those are the people who will be most successful. I mean, I'm inspired by Dave's sex tape to make a sex tape with Michael. Why not?
Starting point is 00:36:47 I know. I'm going to put a chain on him. Yeah, you should. If this starts to slow down a little bit, I'll be there. Let's go. But you know, I think we had Jillian Michaels on this show early, early on. And she was talking about just her career and having some longevity. And she was saying like, you know, she's been a controversial character at times,
Starting point is 00:37:03 but at least like whether you like her, dislike her, agree with what she says, disagree. It's authentically her. She's like, you may hate me, but like this who I am. And I, when I think of some like some like barstools, like controversy, this, that, but at least you always know where it stands and it stands in its truth. Yeah. And so it's like, okay, like maybe it's not for me. I don't like it, but like at least it's not bullshit. Yeah, correct.
Starting point is 00:37:24 What advice do you have for people that want to disrupt an industry? Because that's what you guys have done. I mean, you're disruptors. Is there any like little tips or tricks that you would give to someone? I think it's kind of to your point, which is you've got to be okay being hated. You have to be okay with people being like, you suck, you're ugly, you're fat, you're stupid, you're wrong. You're this, you're that, the other thing. You have to be, Deion Sanders says it really well, which is like,
Starting point is 00:37:55 you have to wear your bullseye and you've got to be comfortable wearing a bullseye. If you want to disrupt something, it means that you're going against the status quo. People don't like when other people go against the status quo. So you have to have very thick skin and you have to be able to not get lost when everyone else is against you. I think that's a really hard skill. I think people struggle with that. I think the second thing is I think there are a lot of people who have like very lofty ideas of disruption. You know, I'm going to disrupt an industry.
Starting point is 00:38:30 I'm going to create a new sector. I'm going to do this, that, or the other thing. It's not enough to have like a lofty business school ideal for disruption. Disruption happens in the mud. And you have to – it's a grind. It's day in, it's day out, it's constant failure, it's constant iteration and without a lot of shine and starlight and accolades. So you have to be willing to slog through that. And then the disruption, it will start to happen in inches and then it will move to yards or whatever.
Starting point is 00:39:06 And then it moves to miles. Like disruption happens slowly and surely. And, you know, I look at, I look at Barstool Sports over the last five years is like, in 2016, we were just trying to figure out how to make money and like get the payroll going. And, you know, I was trying not to get kicked off facebook live basically like and i was trying to we were always getting shut down on twitter like a compliance standpoint compliance the stream never worked like you know we we were just trying to make it work and now flash forward you know, a conversation with Dave today about having security like that's crazy from where we were five years ago. And that's not that long of a time. But we weren't thinking about, oh, when Dave's a big celebrity, we were just trying to make ends meet and to make a blog and to make a few podcasts and to do a couple of video shows. And so for me, it's like if you really want to disrupt something, you have to believe in it. You have to be willing to be hated for it. And you have to be completely maniacally focused on very small progress. When you and Dave go out to a restaurant
Starting point is 00:40:17 and you're having drinks, do people come up to you guys all the time? Dave all the time. So is that what you mean by security? Like, he needs a bodyguard? That'd be kind of funny. Like, dress the bodyguard up with something like, Did you see this weekend with like,
Starting point is 00:40:30 Jake Paul and the robot? Did you see that? It was amazing. Jake Paul showed, That's a whole other thing. That's a whole thing. I mean, but like,
Starting point is 00:40:35 talk about knowing how to grab attention. Right. I didn't see it. What happened? He's got this giant like, robot. He's got like,
Starting point is 00:40:40 this robot that follows him around. Is that a guy in a suit? Yeah. I think so. I don't know. I wasn't there, so we'll see. So, does he need security for when around. Is that a guy in a suit? I think so. I don't know. I wasn't there. So we'll see. So does he need security for when he goes out?
Starting point is 00:40:49 Or you mean in the building? Yeah, I mean, Dave gets anyone now. Like, you know, you get wrecked. You know, I think the thing that I love about Barstool Sports is how approachable people are. When, you know, people feel like they know Casey Smith. People feel like they know Ryan Whitney, who's the star of Spittin' Chicklets, or Riggs, who's our golf guy, or Dave. There's no qualms. You know, if Ben Affleck was walking down a street, you would have paused before you went up to Ben Affleck and was like, oh my God, Ben, huge fan, blah, blah, blah.
Starting point is 00:41:23 Congrats with J-Lo, whatever. Dave, you don't have any qualms because you feel like you know Dave. You see him eat pizza every day. So the way we, there's no distance there. And intentionally, you know, our guys and women, they take every photo they do, you know, they're real people and they're they're they understand the honor and the responsibility of of their stardom but it's also getting you know we go to a rough and rowdy we got to get in the rough and rowdy and out of the rough and rowdy and it's kind of a mob scene and if you got to get in and out in under two minutes like you need a little help getting there so we've just gotten very big. If you are looking for the summer beverage that's cute, that's aesthetically pleasing, that's dry, that's delicious, you have to check out Bev.
Starting point is 00:42:19 You've seen Bev all over Instagram. We've had Alex, the founder on the show. She's an incredible woman that founded this brand that is the female first canned wine brand. Okay. So you should know that they have four varietals. They have Rosé, Sauvblanc, Pinot Gris, and Pinot Noir. What I like to do is I like to put these cans in my purse when I'm running out the door, or I'll just pop one open, put a pixie straw in it, and we're cute by the pool. Another fun thing to do is to take the rosé and make frosé out of it. What I like about these canned wines is most canned wine is sweet and syrupy. I cannot tell you how many canned wine brands I've tried, but this one's dry. It's crisp. It's a little fizzy, really refreshing, delicious, very summery. The main thing is it has zero sugar. There's only three carbs and 100 calories per
Starting point is 00:43:12 serving. I did all the research for you guys. No sugar. Like I said, three carbs. The cans may look cute and tiny, but each can is a glass and a half of wine. I mean, this is perfect, especially it's so annoying when you have to open a bottle of wine and then you close it and then it goes bad with a can. You open it, put your pixie straw in, you drink it. You could pour it in a glass. You could do it with ice. You could make a lapacine, whatever you want. Their four packs are great for gifting or hosting. Bev ships straight to your door and shipping is always free. As always, we've worked out an exclusive deal for Skinny Confidential listeners. You receive 20% off your first purchase plus free shipping on all orders. I personally am very much into their best-selling ladies night variety pack. So you can check out all of their
Starting point is 00:43:58 delicious varietals. Go to drinkbev.com slash skinny or use code skinny at checkout to claim this deal. That's D-R-I-N-K-B-E-V dot com slash skinny. Cheers. This is a really important question. Where is the best pizza in New York? Oh, you got to go to our app. Oh. Got to go to the One Bite app.
Starting point is 00:44:23 Does it tell you exactly? Yeah, by rankings. You can give your own pizza review. Where do you think the best pizza is? I am not a pizza expert. Dave's a pizza expert. Dave would say Vezzo. Or no, sorry.
Starting point is 00:44:35 Dave would say John's Bleeker. I like Vezzo pizza in the city. I know. Yeah, we've been to Vezzo. Better than Ruby Rosa. Yes, but I'm obsessed with New Haven pizza. New Haven pizza. You've got to travel with New Haven pizza. New Haven pizza. You've got to travel for New Haven pizza.
Starting point is 00:44:47 New Haven has the best pizza in America. If you don't get me pizza before we leave, I'm going to die. I will get it. So here's where I think going back to the conversation of disrupting, I think, again, like lofty ideas, like that's not the approach. But for people that are starting out, like I want to do it my way and they start to get that pushback from the market. Like I remember early on during media, I would say, hey, we're going to sell this way. And I'm like, I don't really care about the CPM. Like you want to work here?
Starting point is 00:45:10 Like, and every audio agency is like, no, we're not doing that. It'll never happen. Never happened. And can't like in a very like rude, aggressive way. Fine. Obviously it's shifted. Things have changed. But when, when, when you're talking to young entrepreneurs and they start to get that pushback, like what do you tell them? Because there's a lot of young people listening to the show that have an idea. You've got to have a little internal like, fuck you, I'll show you. I remember I had an early meeting. The first summer I was at Barstool, so it was probably July 2016. I went and had a meeting with one of the big social networks. The guy like legitimately
Starting point is 00:45:45 did everything but like pat me on the head and was like, good luck with your like little dinky regional sports blog that like you could, I could see on his face, like, why am I taking this meeting? Why am I taking this meeting? And it, I had so much fire leaving that meeting. I still talk about it today where I'm like, I will show you. I will. And so you have to have a little bit of like, I will show you. The other thing is you just need one break. You just got to focus.
Starting point is 00:46:13 You need one break. You need one chance. And for you guys, you got your first podcast. And then you get the second one. And then you get the third one. And then when the media agencies are like bullying you around the rank, you can be like, nope, you can't buy these three shows unless you do it my way. So it's like-
Starting point is 00:46:31 It's like building your own leverage. You got to get the one thing. The last thing, I won't say my name, but this person, we were at a podcast network. And that led to the idea of doing something different. And I don't even like to call it a network because I think it's IP and brand. But the last thing that Nassil said to me is like, good luck in the podcast space. And I think about that a lot.
Starting point is 00:46:51 Yeah, you stay in the podcast space. Yeah, and I just, I think like, I do agree. I think you have to have that kind of like thing where it's like, I'm going to go and prove to myself and others like, I can do this. Yeah, you need to be, you know, we had our 18 year anniversary for Barstool last week, which is amazing. And Dave had this blog or in a post where he showed the cover of the first paper
Starting point is 00:47:13 and he said thank you to all the stoolies and all the fans and everyone who's been with us. And then he said thank you to everyone who said we couldn't do it because you mattered almost as much too. Sure. Wow. That's cool. And it's true. That is so cool. I would love to know selfishly how you set up your morning routine because you like, I feel like you have to set the tone of your day. You're busy.
Starting point is 00:47:35 Is there something that you do every morning or do you just roll out of bed? I'm like the worst. No, be honest. Be honest. I feel like I always get these panels of like female executives and everyone's like, I get up at 4 a.m. and Peloton and then I go to SoulCycle and then I like take a shower. Who wakes up at 4 a.m. so early? I wake up at the last possible minute. I like inhale coffee. I'm late. I always forget things. I love the honesty. It's like a mess. So I don't have, I wouldn't say that I'm like a big routine person in general.
Starting point is 00:48:09 I don't think I take like good enough care of myself in general. I think I'm always like, I'll sacrifice myself first for whatever has to be done. And I kind of like a little bit of chaos, to be honest with you. Like it keeps my brain interested. So for me, I think the big things are every morning. The only thing I do do pretty religiously is the first three emails or texts or something I do in a day is I try to help three people. Could be personal, could be work, but I'm like, okay, I'm going to start my day with doing three good things. And then I can go to whatever it's the problem du jour,
Starting point is 00:48:45 the crisis from the night before, the prep for the thing coming ahead. So that I do that. I'm pretty maniacal about my calendar. Like I really care about my calendar. Like do you have driving time? No. Is it color coded? No. But I am like I like to be booked from the very beginning to the very end. Like I want to make the most out of every inch of time that I have. So what time does that look like? So it's like I'll start emailing or texting people probably as early as like seven. I think like seven. I'm like, oh, God.
Starting point is 00:49:22 Yeah. Starting to think today it was early. I was on it at 630 today because I had an idea about something. Barstool starts probably like 945 to 1030 is when like the Barstool machine starts going. I like to be booked. Usually I don't like an hour long meeting. I like a half hour meeting. Oh my God.
Starting point is 00:49:40 Can we stop with the hour long meeting? I hate an hour long meeting. There's no need to talk to anybody for an hour. I tell people all the time, one thing I've learned doing this podcast and Lauren and I talk about it all the time is like I can get someone's almost whole life story in an hour, 45 minutes, hour. You can cover, I mean, think about it
Starting point is 00:49:52 and just how much you're covering. And then you're like, I got to finish this. I also think a call, let's do a 15 minute call. Sometimes 20 minutes, we can't do 30 minutes. Yeah, I agree. Yeah, totally. You got to get to the point. That's what I love about New Yorkers though.
Starting point is 00:50:04 Yeah, New Yorkers are very efficient. LA'll sit and drone on yeah and you it's rude like you want to be like how are you and then it's like who do you know I hate that shit yeah I I love the no one hour meeting yeah I'm like what do we want to do here together what is like a day in the life of of what you're doing work wise? Like, is it a mix every single day or every day is different? So like, like, what was Monday? So Monday of this week, that was yesterday. So let's say Monday of this week is we had a board meeting. So I had a two hour board meeting. I probably had. I recorded my podcast before to get that out of the way. Which we were listening to this morning.
Starting point is 00:50:50 Oh, really? Shout the podcast name out too. Oh, that's the Token CEO. It's my podcast. We did that. I had a couple calls. I had a partnership call. We had had a big weekend. We had two fights this weekend. We had Rough and Rowdy, which is our pay-per-view on Friday night. We were part of the Showtime Jake Paul fight on Sunday night. So there was some recap work to be done from that. Got out of the board meeting, did four to five other meetings in person in the office.
Starting point is 00:51:17 Left the office like 4.35, did calls and emails on the train. And then it's like rinse and repeat the next day. What do you think that the traits are that make you an effective CEO? When you start to think about the core competencies and traits, what do you think that is? Of a modern CEO?
Starting point is 00:51:35 Yeah, that's a good way to say it. I think a modern CEO is very different than a traditional CEO. And it was funny, I was having this conversation with someone about it today. I think a traditional CEO. It was funny. I was having this conversation with someone about it today. I think a modern CEO needs to have a very hands-on grasp on most parts of the business. Not every part. You're not going to be good at every part, but you should have... The modern CEO has a good tactical grasp on how the pieces work. I think the modern CEO is very approachable. Doors open.
Starting point is 00:52:08 Not behind the big glass door, door shut. There's no executive wing. You're not protected or flanked by a bunch of gatekeepers. I think accessibility is really, really important. I think being able to relate to people is really important. I feel so grateful that, you know, the average age at Barstool is 30 years old. That's the average age. I could not spend more time with 20-year-olds. I love people in their early 20s.
Starting point is 00:52:34 Love it. So I like to spend time with like the bottom rung folks because they're doing the most interesting stuff and they are the least packaged, the least cultured. You know, they're the least, they've been put through the machine the least. So they're the most raw. And they've got, and they're just interesting. I just like young people.
Starting point is 00:52:57 I think the modern CEO needs to have vision and guts and be able to take risks and be accountable to failure and success and then to move right on. I think people who tend to bask too long in failure or, you know, celebrate too much around a win are annoying. And it's just it's unlikable. It's not an attractive quality either. Neither is attractive. And then I think you have to be a extremely good, extremely fast communicator. I would totally agree with that. Some of, some of your traits.
Starting point is 00:53:30 Well, no, no, no. I think like the reason I want, but one selfishly wanted your perspective, but two, like this is the difficulty in my opinion of the modern school system,
Starting point is 00:53:38 right? It's, this is, these are not what they're teaching you. Like nobody, when I went, I mean, I was,
Starting point is 00:53:43 I went to university of Arizona, the Harvard of the desert. So, Oh, you did. I mean, I went to University of Arizona, the Harvard of the Desert. Oh, you did? We were doing a big Arizona Bowl there. I was just there. I saw that. Yeah.
Starting point is 00:53:51 Tucson's gorgeous. Tucson's wild. It's a wild place. It's awesome. Yes. But I just think about like, it didn't prepare me in any kind of way
Starting point is 00:53:58 for what I'm doing now. I kind of had to stumble along and figure different things out. And I think about people coming up through the school system, which is why I like that you said modern CEO because they're not, this is not I like that you said modern CEO, because they're not, this is not what they're telling you. Oh, no, no. I mean, I think that the school,
Starting point is 00:54:10 my parents are in education. Like I think the school system is, I think the university system is very broken. I think parochial school is very, I, you know, one is is I think real world experience really matters. I think anything really rewarding comes from an apprenticeship. I feel like my career is just an apprenticeship. Like I have just had my hands in as many things as I can have my hands in for as long as I can remember. And that has made me able to identify things, helps me understand patterns. It enables me to hearken back to like,
Starting point is 00:54:47 oh God, I was in something similar. So I think the apprenticeship nature of work is really, really important. I think school, and in particular, it's almost like the better the institution, the worse it is, is like conditioning you to network and it's pedigree and it's group think and it's less about standing out. You know, I think what's happening around PC culture and academia, like people are afraid to be themselves and they're becoming so scared and in such a shell that it renders them incapable of this connection that is required to be effective in business. And if you are afraid to take risks in business, you're fucked. And I think the other thing is that if you are scared to be yourself, no one will really ever
Starting point is 00:55:41 follow you or be loyal to you. And I think, you know, if anything that I love about our company is like, we never said we're perfect. In fact, we've said pretty much the opposite. We've fallen our way to success. We've also owned when we've been really brilliant. And, you know, I think the other thing about being a really good leader, not just a CEO, you could be anything, is you have to be blunt. You know, I think, you know, I was having this conversation with this VC kid the other day, a Stanford business school kid. And he was talking about how nobody wants to upset the apple cart in the VC world. Like these guys, you know, make a lot of money. It's very calm. Everybody talks in a soft voice.
Starting point is 00:56:28 It's not controversial. It's not high stress. And they're horrible giving feedback to one another because to do so would be upsetting. It would be hurtful or it would be jarring. We are so blunt at Barstool. If we think someone's a fucking idiot, we're going to be like, that was so stupid. I had a sales guy mess up on something so royally this week. I sent one of the nastiest emails I've sent probably in five years. What's the email?
Starting point is 00:56:58 Tell me what the email is. It was basically like, what the fuck were you thinking? Why do you think you're above the company? How could you operate? The arrogance to operate outside the scope was just like the hubris in that is staggering. Like, how are we entrusting you with this job? Like, those are horrible things to say and hear, but there was a really bad mess up
Starting point is 00:57:23 and that needed to be said. And I think that's the other thing is that in school right now, like we're getting, you know, I'm biased and like, I think we're getting a little bit afraid. We're bubbling, we're bubble wrapping, we're coddling. Yeah. And I don't know. I mean, like, whether it's just like this or not, like I come from the generation, like screwed up, You get like slapped upside the head. Like what the fuck are you doing? I got spanked all the time.
Starting point is 00:57:48 I think there needs to be a little bit more of that, like calling people out a little bit. Because what happens is, you know, you go into the real world and the real world doesn't care about your feelings. The world's going to go on being the world.
Starting point is 00:58:00 And if you're coddled like that, you're just going to get washed away in a sea of people who are tougher than you. Yeah. And it just makes you stick into the same. It makes you stick to sameness. And then you just end up, I think, very unfulfilled. And look, I think you've got to give as much love as you do. It's the carrot and the stick, but it's also like, I love that sales guy. Next week, I'm going to tell him I love him. The intention isn't to be
Starting point is 00:58:24 harmful. The intention is for everybody to be better. Who do you think is doing it right right now? What are some influencers that you look at, content creators, websites that you are like, they get it? Obsessed with Barry Weiss. I'm obsessed with Barry Weiss. I think Barry Weiss has it. I think you have it or you don't have it. And she's a woman who has it. I think she's endeavoring to do something very bold, which is to marry traditional journalism with kind of like punk rock fringe journalism and to put them together. I think that's very interesting. And she's honest about what she doesn't know. I think that being honest about what you know
Starting point is 00:59:05 and what you don't know is such a huge part of success. So I think she's very interesting to watch. I think a lot of people who've left mainstream media and gone to Substack are interesting to watch. I think there is like a phenomenal amount of talent on TikTok, just phenomenal treasure trove of talent. You know, anything from, and that's what's so amazing
Starting point is 00:59:26 about social media and the internet. You know, like I did a thing probably six months ago on the like paint kid. Did you hear about like the paint kid who was mixing fruit and paints and he was making TikToks and he worked for some, you know, he worked for Sherman Williams or something
Starting point is 00:59:40 and they fired him. Oh, yes, yes, yes. They fired him for, you know, using materials from work when he shouldn't have. Oh, yes, yes, yes. They fired him for, you know, using materials from work when he shouldn't have. Oh, come on. When in reality, he was the single best marketing vehicle for that paint on the planet. He then got plucked, he got fired,
Starting point is 00:59:57 and then got hired by another paint company and is now making his own line of paints. Like that to me, it's awesome. That is so cool. So cool. So cool. So like that's a small example, but like people who take the camera and the phone or a CMS and are able to share
Starting point is 01:00:17 and then create an audience by virtue of what they have to say or what they have to show, I think are very interesting. I think that those people are interesting. What about podcasting? What do you think of the space podcasting? I would love to know your opinion on it. I think podcasting was a loser in the pandemic. I don't think anybody talks about it, but I think podcasting took a massive, massive hit. It was such a darling. It was the new future media. But when people stopped commuting and spending all day in a cube, the need for something
Starting point is 01:00:53 only in your ears changed. I think that that also is a problem where like all the live audio products have been born. You know, Spotify has one. There's a lot of articles today about how Amazon is creating one. Facebook's creating one. I don't really know the use case as much now as I would have said in 2019 of like, oh, yeah, it's going to be audio. It's going to be audio. It's going to be audio. Now, I think that the merger of audio and video content is so exciting. That's why I think you guys are right, which is it isn't a podcast. It's just IP. It's IP and brand.
Starting point is 01:01:31 It's IP and brand. I think there are so many bad podcasts and irrelevant podcasts. There's also so many genius podcasts. So I think it's an incredible source of IP. I think it's a really great way to discover if somebody has depth. Definitely. Yeah. Can you hold an hour-long conversation or a half-hour-long conversation?
Starting point is 01:01:56 It's freaking hard. You guys see this probably all the time. Someone comes like, yeah, you can do 10 episodes. But what does this look like in a year? Totally. Two years. Do you want a brand deal? Okay. You want to do that for like a month or two? Fine. But like, how do you actually carry this forward and keep people's attention for a
Starting point is 01:02:11 long period of time? I think you're going to see the shake out of influencers, right? As people start to look for like, who are you really? And that picture of you in an outfit in the street or like kissing your boyfriend on the beach. Yeah. That's, that's okay. Yeah. But it's, and especially with the rise of like this next generation and TikTok, it's like, show me who you really are. What's your real opinion? Yep. I agree with that. Yep. I agree with that. I also think that, look, there's such depth, there's such depth to, to podcasts and there's also such a low barrier of entry. That's an amazing, that's amazing. The other thing I really believe is that to the question about, to your question about like who's doing it right, people who don't think their talent are the people, in my opinion,
Starting point is 01:02:55 who are doing it right. Where, you know, in our world, it's kind of, you know, Michael, to your point is like the producer is the editor is the videographer is like and the talent is all those things. You know, we we kind of got into like this place at Barstool where every guest that Dan Katz and PFT commenter got on part in my take, one of them DM'd. They DM'd all their guests. That's how we've gotten literally almost everybody. You have to get into your DMs. You go follow the celebrity you want and you DM them. If I could tell you how many people at Barstool Sports do not do that and they just like call
Starting point is 01:03:34 up and call Kelly and bitch at our talent person about getting them guests, like that's the difference. And so people who can do that, I think are people. I love what you say about talent. I mean, listen listen every like Hollywood agency is probably going to hate me for saying that but honestly like
Starting point is 01:03:49 I'm like ugh like whenever I get that pitch for the MG for the big name celebrity that wants to come in and do a show and they say oh we make sure you hit the points
Starting point is 01:03:57 of the product make sure you discuss their book it's like no just come on and be a compelling person on the podcast I'm talking about even signing the show
Starting point is 01:04:04 I don't want some guarded celebrity conversation where I hear a 5% sliver of who you are and you want a million dollars to do a show because you're a name somewhere else. And I want to tell them like, hey, nobody on the internet gives a fuck. How I built my blog 13 years ago was I saw that there was nothing in the market that was uplifting other people. So all the bloggers were just showing their outfit or their nail polish color. I'm like, no, but I want to know what your morning routine is and what her nail polish is. Sure, I'll pepper in my own shit, but I want to make sure I can bring up other people. And how I would get those people is I would go on Twitter and I would DM them, tweet them, DM them. I probably did a hundred people a day and two would respond.
Starting point is 01:04:46 Of course. But you get those two and then you can leverage the next two the next day. And then you get those four and you can leverage someone bigger the next day. I think you're so right about dropping into people's DMs. People just, they don't do it. Yeah. It's crazy. Yeah. It's funny. It's like when you outsource the real, you know, it was like when we used to have a lot of customer service issues in our store, it was like me and KFC and Dave, like we responded to customer complaints about merch orders. Do you know what I mean? Like when you outsource the things that bring you closer to what's going to make you big, which is a guest
Starting point is 01:05:22 or potential can help bring you audience or what satiates your customer. If you can stay in touch with those two things, you're in pretty good shape. If you think you're above those two things, it's going to be very hard to succeed. I agree with you. I hate the agent pitch.
Starting point is 01:05:37 If the personality or person does not want to get in a room with us, we won't even take anything. And if it's not their main thing, if they're like, hey, I'm doing this because podcasting is hot or because YouTube. So I'm going to start a sub-channel. And I'm like, don't worry. My team's going to manage.
Starting point is 01:05:50 And here's my entourage of eight people. Completely. The internet reads that bullshit so quick. And they know it's just horseshit. And they don't pay attention. They don't consume it. That's right. There's definitely a new kind of celebrity emerging, which is exciting.
Starting point is 01:06:00 Very. Yeah. It's changing. Things are changing. Yep. What are you consuming? I would love for you to leave the audience with books, podcasts, Netflix series. Oh, great. Maybe social media accounts. Okay. So I consume a lot of Barstool Sports, obviously. I like the
Starting point is 01:06:18 D'Amelio's. I'm very interested in everything D'Amelio's. I am a geek for like period documentaries on Netflix. So I just finished The Pirates, The Lost Pirate Kingdom. Amazing. Basically, American democracy was created by the pirates. Like amazing. Oh, I want to watch that. It's awesome. I watched one on the Ottoman Empire before that. And then I was doing the Egyptian Empire. So I'm like a dork for like stories in ancient history. And Netflix has done, I think, an incredible job of it. Like they've really nailed this, what would you call it? Edutainment. Like it's educational.
Starting point is 01:06:59 It's entertainment. There's some drama piece. There's some historians. They've done an amazing job. Because some of the old History Channel ones were like too it was too it was yeah it was either too educational and i was like who cares okay so i'm into that i who else do i follow i like to follow i like to follow a lot of different people so in my twitter feed i have like a lot of very liberal news. I have a lot of conservative news. I like cult-y type people.
Starting point is 01:07:29 So I may not understand gaming. I'm not particularly into gaming. I'm not a gamer. But I think what they talk about is interesting. I think Black Twitter is fascinating. I'm into, what else am I into? In terms of books, the last book that I read that I really loved was Norma Kamali's book. Like I'm invincible. She's amazing. I'm obsessed with Norma Kamali. I don't
Starting point is 01:07:52 read a lot of books anymore. I think that's kind of disappointing. I'd like to read more books. You're busy. You got a lot going on. I'm busy. Yeah, I'm busy. You got an excuse. I like Instagram. I'm very like a student of Instagram. I'm very interested in Instagram. Same with TikTok where it's just like a lot of like. I'm very interested in Instagram. Same with TikTok, where it's just like a lot of like roving through. So nothing really sticks, but I like to just see what is the... The internet's so weird. It is so weird. It's so quick. The internet's wild. It's just wild. Yeah, it's awesome. I'm going to read Norma's book. That's a great recommendation.
Starting point is 01:08:22 If someone were to start with your podcast, what's the episode that you would tell them to start with? Oh, that's a great question. I think the Norma episode of my podcast is great. So plug to Norma. She's amazing. I mean, her story, she's 77 years old. And one, the woman looks like she's 50 or 40. And two is the way she's managed a very disruptive life is truly inspiring. And then in terms of token, I don't know. We've had a lot of good episodes. I'm still figuring out. I created the podcast during the pandemic because I was the first two weeks of the pandemic. I made this stupid rule in my head that I was going to email. At that point in time, we had 250 employees. I was going to email everyone who works for Barstool so that they would feel connected because it was very
Starting point is 01:09:11 alienating and it was very disruptive. So I would do like the A's through D's on Monday, and then I would do the E's down the line. And it became like it was just a pain in the ass. And I was like, what am I doing? And then it was all the replies. And I was like, I'm getting lost in all this. And I was like, what am I doing? And then it was all the replies. And I was like, I'm getting lost in all this. And I was feeling myself like personally going crazy because I was, I just felt disattached. And we had had a culture where everyone was in the office all the time. Like we did not do Zooms. We didn't do conference calls.
Starting point is 01:09:40 Like everything was in person. So that's why I created Token. And then I was, you know, tired of getting getting I was really ticked off that every time I tried to go tell the Barstool story it would get washed in someone else's editorial opinion in what kind of way like they would it would be like I had had we were looking at a feature in Forbes and met this great writer and she was really jazzed up to do the piece and we're going to let her in. And, you know, a month later, the reporter came back and it was like, oh, my editor hates Barstool Sports. Like, we can't do this story. There will never be a positive story on Barstool Sports. And that was very frustrating to me. It was like we had also gone
Starting point is 01:10:24 through. That happens to you guys a lot, I feel like. It happens all the time. Yeah. We had done the HBO piece. So HBO Real Sports had done what was ostensibly supposed to be about the Barstool business became entirely about the cult of Dave Portnoy. But it's good press. I mean, haters are your marketing team. Yeah, that's my thing. It It's like go write All the negative shit You want to write
Starting point is 01:10:46 It's just bringing More people to me Completely I had an instance Early in the pandemic Which I'll even like drag up But this like This writer was going to
Starting point is 01:10:53 Come in and like Was going to write A disparaging piece I'm like that's fine Write whatever you want But I'm going to go On my podcast the next day And call you out by name
Starting point is 01:10:59 And say who you are And be like this And I'll address it They never ran anything But I think like What I love about What you guys do That happens And you can address it right away i think that's a modern that's a modern media company correct yep i agree with that yeah there needs to be no
Starting point is 01:11:13 reality show that's contrived by producers you can just you have your own platform your life is your reality and i was feeling like content i mean you guys know this because you live in this world and you're content people. It just kind of like seeps into everything. I never wanted to be in content. I don't think I'm particularly good at content. I don't think you can be a company anymore without having a content component.
Starting point is 01:11:34 Completely, completely. I think you have to be a marketing content and even if you're a product company, you have to kind of be all things or else you're just missing a part of the world that exists around you. Yeah, content is storytelling and it's the old way of doing that where you buy an ad or you do
Starting point is 01:11:50 a press release. Like we still deal with companies that want to do press releases. And I was like, who needs a press release? Yeah. Part of the reason I think modern media, not modern, like traditional media is dying is because a lot before you relied so heavily on it to dictate like who you were in the market. And now like they can put that out here like oh shit who am i yeah but you can also say like that's bullshit wrong like yeah i don't agree with that and i'm addressing you before you're like oh my god this one or two publications or outlets that controlled the mainstream public narrative of who you were completely i think they're going to die because of it at least the model is going to die yeah i mean the model is over it will take a're going to die because of it. At least the model is going to die. Yeah. I mean, the model is over.
Starting point is 01:12:25 It will take a long time to die. Sure. It'll take a generation. 50, 60, whatever, how many years. But it's on the decline because they don't control public opinion like they used to. Yeah. It used to be like you drop a rock into a pond and the ripples just slowly move. And now there's rocks and ripples everywhere.
Starting point is 01:12:45 And it's very choppy. And if your head isn't on a swivel and you're not adept at it, you don't know who you are, it's easy to get lost in that. And certain journalists and editors aren't used to being directly answered and put in the spotlight from a company the size of Barstool. We deal with this all the time. Oh, shit. Pimp yourself out. Where can everyone
Starting point is 01:13:07 find you? Where should we start on the Barstool app? Oh okay so you should get all the Barstool apps. So you should get the OneBite app. I'm getting that today. I'm going to get and get yourself some pizza. OneBite everybody knows the rules. You can get the Barstool sports app. You can get the Barstool sports book. So if you're in a state with legal
Starting point is 01:13:23 betting you can find me at EK Nardini. You can find Token CEO at Token CEO. You can get the Barstool Sportsbook. So if you're in a state with legal betting, you can find me at EK Nardini. You can find Token CEO at Token CEO. You can listen to me wherever you find a podcast. That's it. You are a wealth of knowledge. I want you to write a book called Token CEO so I can just read all your tips and tricks. I feel like I should have a better routine. I'm going to come back with a better routine. Yeah. Next time you can come back, you're like, I meditate for 15 minutes. I do an eye cream. Yeah. No, I have nothing good. No, I like your morning routine. You get going. Thank you for doing this. Thank you guys for having me. Of course. We are doing a giveaway as always. And no, it's not for Michael's balls. We are giving away get the fuck out of the sun available on Amazon, Barnes and Noble,
Starting point is 01:14:02 Target, where all books are sold. It recently was turned into a podcast. You guys have to subscribe. We have a limited series going on and it is the top of the top skin gurus. To win a copy of Get the Fuck Out of the Sun, all you have to do is tell us your favorite part of this episode with Erica on my latest post at Lauren Bostic. And with that, we'll see you next time.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.