On October 19, 1999, World Wrestling Entertainment became a publicly traded company on the New York Stock Exchange. Their initial public offering sold enough shares to ultimately make Mr. McMahon, at that point, the chairman of a billion-dollar company. However, as WWE’s stock price plummeted, so did his billionaire status.
But, with recent launches of the WWE Network, as well as capital investments in online promotion, mobile apps and talent development yielding dividends, Forbes Magazine – for the first time ever – recently listed Vince McMahon as being worth $1.2 billion. In examining the moves that took McMahon to taking his company to billion dollar status, and now himself into the billionaire’s club, there are valuable lessons that any 21st century entrepreneur can use in order to match Mr. McMahon’s ultra-rich status.
We’ve listed them for you…
10. Embrace Globalism
WWE.com
Evolving from Nikolai Volkoff and Outback Jack to Aldo Montoya...
But, with recent launches of the WWE Network, as well as capital investments in online promotion, mobile apps and talent development yielding dividends, Forbes Magazine – for the first time ever – recently listed Vince McMahon as being worth $1.2 billion. In examining the moves that took McMahon to taking his company to billion dollar status, and now himself into the billionaire’s club, there are valuable lessons that any 21st century entrepreneur can use in order to match Mr. McMahon’s ultra-rich status.
We’ve listed them for you…
10. Embrace Globalism
WWE.com
Evolving from Nikolai Volkoff and Outback Jack to Aldo Montoya...
- 5/4/2014
- by Marcus K. Dowling
- Obsessed with Film
WWE Monday Night Raw opens tonight with Hhh standing in the middle of the ring in his suit and tie. Dean Ambrose, Roman Reigns and Seth Rolling are standing beside the ring with their championship belts draped over their shoulders. We’re live.
Hhh introduces the “Face of WWE”, Randy Orton, who hits the ring to pretty decent heat from the crowd before grabbing the microphone and talking about how Daniel Bryan is nothing more than a “B+ player”. Hhh tells the crowd that Daniel Bryan is similar to what Doink The Clown was and that Doink was never champion because it would have been bad for business, the same as if Bryan were to win the WWE title. Bryan’s music plays while the new corporation continue to insult the former American Dragon, the fans pop loud for Bryan who stands on the stage in his ring gear and...
Hhh introduces the “Face of WWE”, Randy Orton, who hits the ring to pretty decent heat from the crowd before grabbing the microphone and talking about how Daniel Bryan is nothing more than a “B+ player”. Hhh tells the crowd that Daniel Bryan is similar to what Doink The Clown was and that Doink was never champion because it would have been bad for business, the same as if Bryan were to win the WWE title. Bryan’s music plays while the new corporation continue to insult the former American Dragon, the fans pop loud for Bryan who stands on the stage in his ring gear and...
- 9/3/2013
- by Chris Cummings
- Nerdly
Former WWE star Justin Credible claims he was a victim of a scary home invasion last night when 3 gun-toting criminals threatened to kill his family ... while he slept through the whole thing. Credible -- real name Peter Polaco -- tells us he and his wife were sleeping in their home in Waterbury, Connecticut when family members woke them up saying the house had just been robbed.The ex-Hardcore champ says the bad guys broke a...
- 6/7/2013
- by TMZ Staff
- TMZ
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