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Dana White not too long ago revealed how, regardless of his immense expertise, one in every of his many entrepreneurial ventures failed miserably. Over time, White has learnt a variety of classes rising the UFC into what it’s at the moment. The 54-year-old used these experiences to develop his portfolio into a number of different companies. Whereas some labored, others left a bitter style in White’s mouth main him to model it ‘the shi**est, dirtiest enterprise.’
White not too long ago appeared on the ‘Flagrant’ podcast, hosted by Andrew Schulz. Throughout the dialog, Schulz requested the UFC CEO if there was any enterprise wherein he failed. White went on to share his solely failure up to now saying,
“The one enterprise I ever failed at was, we purchased a automobile dealership. Let me inform you what it was a f*king shit present. The one factor that saved me, and I didn’t lose on it. The one cause I didn’t lose cash was as a result of I purchased the fking land. So I purchased the dealership itself I purchased it outright. Getting f*king murdered. It’s the shittiest dirtiest enterprise.”
The 54-year-old acknowledged that working a used automobile dealership was a nightmare as folks would usually purchase vehicles on credit score and never pay them again on time. Due to this fact, he needed to ship a crew to repossess it. Generally like these, the vehicles had been utterly trashed and White ended up shedding some huge cash.
Resulting from these causes White and one in every of his finest pals who he opened the enterprise, determined to close store for good. Nevertheless, that has not stopped White from investing in different companies.
A better take a look at Dana White’s enterprise portfolio
Regardless of heading the UFC, White owns and operates a number of companies in many various fields. These embrace the likes of PowerSlap and Howler Head amongst a number of others. In the identical podcast, White acknowledged that quite a lot of his time is spent assembly founders on the lookout for his subsequent doable funding alternative.
The 54-year-old acknowledged that his workplace appears to be like just like the set of ‘Shark Tank’ given what number of corporations and founders meet him recurrently to hunt an funding. White additionally acknowledged that even when he doesn’t make investments, he does his finest to assist them out with options or join them with somebody who will help them higher.
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