Young and Profiting with Hala Taha
Business:Entrepreneurship
Matt Higgins’ childhood was plagued with extreme poverty. He lived in a tiny apartment with three other boys and a single mother who struggled to make ends meet. Ashamed of his family’s financial status and living conditions, Matt started juggling several side hustles, such as selling handbags at flea markets and scraping gum off the bottom of the tables at McDonald’s. Today, he has a net worth of over $150M. In this episode, you’ll learn about the importance of quitting, the benefits of thinking about your own death, and different methods of financing your business.
Matt Higgins is a noted serial entrepreneur, growth equity investor, and co-founder and CEO of private investment firm RSE Ventures. He is also vice chairman of the Miami Dolphins and an Executive Fellow at the Harvard Business School, where he co-teaches the course “Moving Beyond Direct-to-Consumer.” Matt was also a Guest Shark on ABC’s four-time Emmy-Award-winning TV show Shark Tank in seasons 10-11.
In this episode, Hala and Matt will discuss:
- Why dropping out of high school was one of the best decisions Matt ever made
- The importance of quitting
- Why you should reflect on your own mortality
- How Matt built RSE Ventures
- Be picky about how you spend your time
- How Matt manages his investments
- Should you look for an investor or bootstrap your company?
- What Matt looks for in entrepreneurs
- Matt’s optimistic view of Gen Z
- And other topics…
Matt Higgins is a serial entrepreneur and growth equity investor. He co-founded New York City-based RSE Ventures in 2012, amassing a multi-billion-dollar investment portfolio of leading brands across sports and entertainment, media and marketing, consumer and technology industries – including several of Fast Company’s Most Innovative Companies. RSE has successfully backed many challenger brands from inception, including RESY, an Open Table competitor that American Express acquired in 2019; the world's premier drone racing circuit, the Drone Racing League; and the International Champions Cup, the largest privately-owned soccer tournament featuring Europe’s top clubs.
Higgins is also co-owner of VaynerMedia, founded by digital marketing expert Gary Vaynerchuk, and a partner in the early-stage venture fund Vayner/RSE. He also appeared as a Guest Shark on Shark Tank.
LinkedIn Secrets Masterclass, Have Job Security For Life:
Use code ‘podcast’ for 40% off at yapmedia.io/course.
Resources Mentioned:
Matt’s Website: https://www.burntheboatsbook.com/
Matt’s LinkedIn: https://www.linkedin.com/in/matt-higgins-rse/
Matt’s Twitter: https://twitter.com/mhiggins
Matt’s Instagram: https://www.instagram.com/mhiggins/?hl=en
Matt’s Facebook: https://www.facebook.com/ManifestorMindset/
Matt’s Podcast The Manifestor Mindset: https://podcasts.apple.com/us/podcast/the-manifestor-mindset/id1517691358
Matt’s book Burn the Boats: https://www.amazon.com/Burn-Boats-Overboard-Unleash-Potential/dp/006308886X
WeCroak App: https://www.wecroak.com/
Sponsored By:
Use promo code YAP for 15% off sitewide at https://justthrivehealth.com/discount/YAP
More About Young and Profiting
Download Transcripts - youngandprofiting.com
Get Sponsorship Deals - youngandprofiting.com/sponsorships
Leave a Review - ratethispodcast.com/yap
Watch Videos - youtube.com/c/YoungandProfiting
Follow Hala Taha
LinkedIn - linkedin.com/in/htaha/
Instagram - instagram.com/yapwithhala/
TikTok - tiktok.com/@yapwithhala
Twitter - twitter.com/yapwithhala
Learn more about YAP Media Agency Services - yapmedia.io/
Seth Godin: Why Employee Productivity Is at a 70-Year Low and What to Do About It | E225
YAPClassic: Dr. Maya Shankar on Influence and The Science of Decision-Making
Marie Forleo: Everything is Figureoutable, How to Trust Your Intuition and Build the Life of Your Dreams | E224
YAPClassic: Marisa Peer on Conquering Bad Habits and Overcoming Self-Doubt | Part 2
Chris Voss and Steve Shull: Charge What You’re Worth, Lessons on Sales and Negotiation From the Field | E223
YAPClassic: John Lee Dumas on Maximizing Productivity, Generating Passive Income, and How to Start a Successful Podcast
Scott D. Clary: Sales Strategies That Close Deals | E222 | Part 2
YAPClassic: Marisa Peer on Overcoming Negative Self-Talk and Childhood Conditioning That’s Holding You Back | Part 1
Scott D. Clary: Overcoming Imposter Syndrome, Getting Started in Entrepreneurship, and Finding Product Market Fit | E221 | Part 1
Hala Taha: Growing Your Network, Building Your Personal Brand, and Going Viral on LinkedIn
Ramit Sethi: The Psychology of Money, I Will Teach You To Be Rich | E220
YAPClassic: Dr. Steven Gundry on The Plant Paradox, Fixing Leaky Gut, and Giving Fruit the Boot
Mike Michalowicz: Profit First, Transform Your Business from a Cash-Eating Monster to a Money-Making Machine | E219
YAPClassic: Richard Moore on The Laws of Selling | Part 2
Jonah Berger: Magic Words, What to Say to Get Your Way | E218
YAPClassic: Richard Moore on The Laws of Selling | Part 1
Johann Hari: Stolen Focus, Why You Can’t Pay Attention and How to Think Deeply Again | E217
YAPSnacks: Best of Steven Kotler, Flow Master and Peak Performance Expert
Daymond John: Learn to Earn, How The People’s Shark is Raising a New Generation of Financially-Savvy People | E216
Andrea Petersen: Start Investing in Real Estate Today With as Little as $500!! | E215
Join Podbean Ads Marketplace and connect with engaged listeners.
Advertise Today
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Innovation in Compliance with Tom Fox
Kate’s Take
The Shameless Mom Academy: Motherhood, Motivation, and Mindset Tips for Busy Moms
HORSES IN THE MORNING
Wise Traditions