From zero funding to employee number one: Building a sports league
“When you came in, what were you inheriting?”
He recruits you to come aboard. When you came in, what were you inheriting? I was employee number one. Oh. So I had a set of bylaws
and a board. And at that point, it was just the World Cup. And did you have a budget? Did you have funding? We had no funding at that point in time. And but what we asked the teams was that they would provide our first set of seed funding, and all of them stepped up. So we are super excited. Did you raise in that? About a million dollars, so not a lot Yep. Just to kinda get me going. And from that funding source, we had to try to scale and do all the things early on in a business. Right? Find office space,
About this clip
A founder describes taking on the challenge of being employee number one at a new sports organization, starting with just bylaws and a board but no funding. They secured their first million dollars in seed funding directly from the teams themselves, then had to figure out how to scale from scratch.
Why this clip
This clip captures the raw reality of ultra-early stage entrepreneurship, showing how founders bootstrap from literally nothing but a legal structure.
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