"I Didn’t Know the Game” Funny Marco on Learning Business the Hard Way | Funky Friday
Quick Read
Summary
Takeaways
- ❖Funny Marco learned business 'the hard way' after a manager took a percentage from his first Nike deal without prior agreement.
- ❖A $10,000 Walmart waist trainer video was the turning point for Marco, solidifying content creation as a serious career.
- ❖Cam Newton emphasizes that athletes must prioritize financial stability over team loyalty due to short career spans and limited endorsement opportunities for many.
- ❖Strategic content creation involves 'clip-forming' – designing moments specifically for viral short-form content.
- ❖Funny Marco believes in accepting one's full journey and not deleting past content, contrasting with some who hide their 'dusty' origins.
- ❖Building a strong 'aura' and self-respect is crucial for commanding respect in professional and personal interactions.
- ❖Networking can be unconventional; Funny Marco secured an UGG deal by leveraging a connection through Stefon Diggs' social media.
Insights
1The Hard-Learned Lesson of Early Business Deals
Funny Marco recounts his first significant deal, a $7,000 Nike contract, where his manager, who initially claimed not to want money, took a percentage, leaving Marco with $5,000. This experience highlighted his lack of business knowledge and the importance of clear financial agreements.
Marco received $5,000 out of a $7,000 Nike deal, learning his manager took a percentage despite saying he didn't want money.
2Content Creation as a Legitimate, High-Earning Career
The realization that content creation could be a lucrative career came when Funny Marco earned $10,000 for a single Walmart waist trainer video. This demonstrated the immense earning potential compared to traditional jobs and the power of creative self-expression.
Marco made $10,000 from one Walmart waist trainer video, a significant sum compared to his previous 40-50 jobs.
3Balancing Passion and Financial Strategy in a Short Career Window
Cam Newton explains that professional athletes, despite high salaries, have a short window to earn generational wealth. They must prioritize financial negotiations and personal branding, even if it means leaving a 'winning team,' because team loyalty doesn't guarantee long-term financial security or post-career stability.
Cam discusses Tyreek Hill's move from the Chiefs for more money, emphasizing that a $10 salary on a winning team is less than $300 elsewhere, and a 10-year NFL career must sustain a lifetime.
4The Power of 'Clip-Forming' for Viral Content
Funny Marco strategically creates content with 'clip-forming' in mind, designing specific moments that are highly shareable and intriguing, even if viewers don't watch the full interview. This maximizes reach and engagement in the short-form content ecosystem.
Marco explains that he creates moments in interviews that are designed to be clipped and go viral, making people feel like they missed something if they don't watch the full episode.
5Authenticity and Accepting Your Full Journey
Funny Marco advocates for embracing one's entire journey, including past struggles or less glamorous phases, rather than deleting old content or photos. He believes showing the 'buildup' garners more respect and provides inspiration for others.
Marco criticizes artists and athletes who delete old pictures or content, arguing that showing the full journey, including 'dusty' beginnings, is like a movie and earns more respect.
6The Impact of Public Perception and Brand Management
Cam Newton reflects on a past misogynistic comment that instantly cost him brand deals and created a negative public narrative. This highlights how off-field actions and perceived disrespect can severely damage a personal brand and financial opportunities, emphasizing the need for careful communication and self-awareness.
Cam shares how a misogynistic statement he made instantly led to losing brand deals and created a narrative that he didn't like women, despite having daughters.
Bottom Line
Leveraging indirect social media connections for brand deals.
Instead of directly approaching a brand, Funny Marco observed Stefon Diggs' UGG deal, bought UGG products, created content, and sent it to Diggs, who then forwarded it to UGG, leading to a deal. This bypasses traditional gatekeepers.
Identify influencers with existing brand relationships, create unsolicited content featuring those brands, and leverage the influencer's network for an introduction, rather than cold-pitching.
Using a 'cousin's page' or obscure connections to reach high-profile individuals.
To contact Cam Newton, Funny Marco found a lesser-known family member's social media, knowing Cam followed them, and sent a message through that channel. This exploits the 'weak ties' principle.
For networking, research the connections of target individuals and identify less obvious, but accessible, entry points to gain attention or an introduction.
Creating content that is 'never safe' to feed the dopamine loop for virality.
Cam Newton notes that his most viral content often involves controversial or 'unsafe' moments, rather than mundane positive acts. People are drawn to the unpredictable and dramatic.
Content creators can strategically introduce elements of surprise, conflict, or unexpected twists to increase engagement and shareability, understanding the audience's appetite for 'what's going to happen?'
Opportunities
Philanthropic Content Platform for Underrepresented Workers
Inspired by Mr. Beast, Funny Marco envisions a platform or initiative focused on identifying and rewarding hard-working individuals in overlooked jobs (e.g., single mothers working multiple jobs, bus commuters). This involves surprising them with life-changing assets like cars or financial aid, documented for viral content.
Personalized 'Aura' Coaching and Brand Development
Given the emphasis on 'aura' and 'carrying yourself' impacting perception and opportunities, a service could coach individuals (especially public figures) on developing an authentic, respectful, and impactful personal presence that aligns with their brand goals and avoids misinterpretation.
Lessons
- Before entrusting someone with financial power, observe how they treat others, not just you, to gauge their true character and capabilities.
- Actively study and adapt to new content consumption trends, like 'clip-forming,' to maximize reach and monetization on mobile platforms.
- Understand your market value and negotiate assertively; don't accept less than you're worth simply because others are paid more or less.
- Embrace your full personal and professional history; don't erase past 'versions' of yourself as they contribute to your unique story and inspire others.
- Cultivate a strong personal 'aura' and self-respect to command appropriate treatment and avoid being disrespected in professional settings.
Quotes
"When you accept who you are, I feel like you become dangerous."
"Watch how they treat other people outside of you. So, it's just not I feel like it's one of them things if you just to be like, I don't care as long as I get treated right. how they treat other people cuz you can become that person that they treat wrong."
"It's not about the money that you make. That's like you play football. When you first start throwing a football, you wasn't getting no money. But once you start getting it, you realize, damn, this is a business to what I love to do. And you got to learn how to balance the two."
"People will talk themselves out of a blessing if it's standing right in front of them."
"People do not appreciate the journey. They want the final product."
Q&A
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