Dana White: This Generation Thinks You Can Build A Business From Home, It's Impossible!
2481 segments
I've already built the biggest fight
brand to ever exist. The UFC was
purchased for $2 million. And if the
Lakers sold for 12.5 billion, then the
UFC is worth 50 billion. And every day
that I show up here, I'm here to win.
When I'm dead, it's going to be
impossible to beat what I built. And I
am addicted to chaos. And if there isn't
any, I create it. From UFC fighters to
CEOs of multi-gazillion pound companies
to world leaders, I see in you a man
that is truly obsessed. Early on, I knew
exactly who I was and I knew that I
wanted to be involved in fighting.
That's what I wanted to do for the rest
of my life.
>> Was there any athlete that you sort of
put in a class of their own?
>> Conor McGregor, Habib Mamedov, and Ronda
Rousey, but I didn't want women in the
UFC. But Ronda Rousey grabbed me said,
"Can I get 15 minutes with you?" And she
came in with the whole [ __ ] bravado
and I'm like, "Holy [ __ ] I think I'm
going to do this." And she's the one to
do it with. If there were principles
that you would most attribute to the
success of the UFC, what would it be?
>> When you decide who you are, what you
want to do, what you're going to
accomplish, and you work toward it. It
is impossible for you to fail. Do not be
afraid to take the risk. But some of
these kids that think they want to be
entrepreneurs, they don't know what it
really takes. And there is a formula.
And guess who has it? And we can talk
about this.
>> And then this is a book your mother
published about you unauthorized as a
biography. She's critical of you at
certain points. I I don't go on shows to
speak negatively about my mother, but I
mean that's one of the grossest, most
disgusting things. You couldn't even
imagine possible until it happens to
you. And sometimes family is the worst.
And that was the beginning of the end
with me and her. Have you forgiven her?
>> Um,
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So, thank you so much, and I hope you
enjoy this episode.
Dana, you know more than anybody that to
become a great fighter,
often times you have an anomalous
upbringing. And I have some of these
fighters in front of me like Khabib and
Islam and Mike Tyson. And when you look
at their backgrounds and where they came
from, they have atypical origins. And
when I look at you, I consider you to be
a great fighter in your own regard. So
that's my question is what is that early
context that's made you the fighter that
you are?
>> I don't know. Uh, you know, I I I always
have trouble when we start talking about
me and my upbringing and psychoanalyzing
me. I I I don't know how to really
answer those questions. Um,
I don't know. It's not like I grew up
like these guys grew up, but
>> early on I knew exactly who I was and I
knew that I wanted to be involved in
fighting. That's what I wanted to do for
the rest of my life.
>> In terms of your mom and dad, I I I
listened to you talk about your dad and
his absence and his difficulty with
alcohol. Divorced at 8 years old,
>> left with your mother and that was also
a turbulent relationship as you as you
grew up. Is there anything from that
early context that you look back on? I
know you don't like being
psychoanalyzed. I've heard you try I've
heard you respond to like Pierce Morgan
and others who who have talked about
your childhood before, but is there
anything from that early context that
you think did shape you into this sort
of like%.
>> You know, I I always say that, you know,
you see these people that play the
victim, you know, the victim mentality.
It's like, oh, I didn't have any role
models when I was growing up. Yes, you
did. You just didn't look at it the
right way. when you grow up, everybody
who's involved in your life, they're all
role models in good and bad ways, right?
I I used to look at, you know, some of
my uncles and and and and my dad and
some I was like, "Yeah, we don't we
don't want to go in that direction.
Let's let's go in this direction." And
in America, you you can start drinking
when you're 21.
>> Mhm.
>> I quit drinking when I was 21. I believe
that that I wouldn't be able to
accomplish all the things that I wanted
to accomplish if I was drinking. And I
saw a lot of, you know, family members
and other people where drinking had had
been detrimental
to their life. And and uh, you know, I I
think I had some pretty talented, you
know, family members that could have
lived a different life had they not
drank.
>> You and your sister?
>> Yeah, it's me and my sister.
>> If I was a fly on the wall during that
period of your life, what would I have
seen?
>> I don't know. I I don't really remember.
Me and my sister, you know, now that
we're getting older, we talk about this
stuff a lot. Me and my sister are super
close. You know, both our parents are
dead and it was just us. So, yeah, my
mom was an animal. My mom worked her ass
off and, you know, if she wasn't
working, you know, and picking up extra
shifts. She was a nurse. She was going
to school. And she effectively raised
you on her own.
>> Definitely.
>> Because your dad was he he was absent. I
I remember he reciting a story of you
him taking you to the cinema drunk.
>> Yeah. Yeah. And just I mean what I got
from that was I guess carelessness. The
story of him taking you to the cinema,
telling you asking you if you wanted
something, throwing $20 your way,
telling you to go get it for your
sister. Yeah. The
>> himim him embarrassing.
>> It's one of those moments and you know
you have these these things that you
remember from your young life. And I
have I have a few with my dad, but you
know the the movie was Beverly Hills
Cop. It had just come out and it was
like the biggest movie in the world. And
we got there late. He showed up drunk to
pick us up and take us to the movies,
you know. So getting there was was a
whole, you know, scene on its own. And
then we get there, the place is packed.
There's no seats. He walks in and
screams, "We're going to have to start
moving some people, you know, and throws
money at me to go get to go get food and
popcorn or whatever." In my opinion, my
dad was a very selfish guy. And uh, you
know, he lived the life that he wanted
to live and everybody else didn't
matter. Did you ever understand him as
you People always say that when they get
older they understand their parents
better.
>> Well, what I understood was once I
became a parent. I was like, "Holy [ __ ]
this is the way you're supposed to feel
about your kids and this is the way
you're supposed to, you know." So, yeah,
I I think that my parents made me a
better parent.
>> You've got a very atypical drive in you.
There's a certain relentlessness that
I've seen. I mean, I've seen it all. And
one of the sort of defining traits when
I think of Dana White is this sort of
relentless insatiable ambition. So my
line of questioning isn't really to
psycho analyze. It's really just to
understand like how that comes to be the
case. One would guess that there's some
kind of chip on your shoulder in to some
degree.
>> Yeah, it's true. But I try to I try to
focus on
I like to win. Winning is fun and
everything in life. But uh you know I
also make sure that the obligations that
I have you know I I I pay attention to
those too. Like listen nobody's perfect
but I've tried to do the best I could to
be
>> the best at everything I could at work
at home with the kids you know.
>> And if id asked you when you were a
young boy like some of these photos what
you going to be when you grow up would
you would you have had an answer for me?
>> I didn't really know that until I was in
my late teens. you know, literally
walked out of a job that at the time and
in the place a lot of people would kill
for. Um, and had checked all the boxes
and made cash every day, got a paycheck
every week, 401k, full dental and
medical and, you know, all the things
that people are looking for. But I I
didn't like working for other people. I
I always felt like working in the hotel
industry was incredibly disrespectful,
the way that they would treat you and
talk to you and and uh I never liked it.
it was never for me. So, I walked out
one day and I said, "I'm going to get
into the fight business." At the time, I
didn't know exactly what that meant or,
you know, at what level, but that was my
goal.
>> Have you always had a problem with well,
an issue with, dare I say, authority?
>> You have?
>> Yes. Very, very much so. Yeah. It was
never for me.
>> Where does that come from? Do you know?
>> I don't know. I honestly don't know the
answer to that. But I never liked it. I
never liked working for other people. I
never liked being told what to do and
and I don't treat my employees like
that.
>> Did you think you were going to be
successful in your life when you were I
don't know 14?
>> I did when I was younger. I I believe
that I would be. Yeah.
>> Based on
>> I sort of had these you know these ideas
in my head which at the you know at that
time you don't know exactly
what it means or at what extent but let
me tell you what. So when we worked when
when I lived with my mom me and my
sister were just talking about this the
other day. So my mom worked all the time
or was at school and me and my sister
were home alone all the time, but we had
chores that we had to do. I mean, we
were mow the lawn, you know, cleaning
the pool and trimming the bushes and all
that. And I was like, let me tell you
what, the day I make a dollar, I'm never
doing this [ __ ] ever again.
>> So that's probably an important lesson
she taught you.
>> No doubt about it. And I I you know, I
try to do this with my kids, too.
My kids have been great and done
everything the right way. And I've told
this story before, but my son Aiden, my
youngest son, flies home from college
one weekend and says, "I I don't want to
stay in school. I have an idea for this
business that I want to do." And
whatever. I said, he lays it all out for
me. And I'm like, "This is a pretty good
idea. I get it. I like it. But you're
not going to quit school and just try to
do this. This doesn't this won't chew up
8 to 10 hours of your day. M
>> you're going to go out and you're going
to get a job and you're going to put out
you're going to go put in applications
and you're going to try to get a job
because if I die tomorrow,
>> that's what you're qualified to do. And
he did it and he went and he worked at
U-Haul and you know, you got to have
those kind of jobs. My son right now, my
oldest is getting his master's degree in
Boston right now. And when I lived in
Boston, I used to work for EJ Paving
Company. They pave roads. I actually
want my son to go do some days at at
this paving company.
>> What is it you're trying to teach him?
>> Well, what hard work really is. So,
people like I run around, I don't sleep
much, and everybody's like, "Oh, you
work so hard. You work so hard." No, no,
no. I'll show you what hard work is.
Hard work is construction. Hard work is
concrete. Right up the street here, I
don't know how many days this summer
were 115 degrees out. 115 degrees out.
These construction guys are out there
working in 115 degree week. Like hard
work, real work. And then in the winter,
people don't realize this in Vegas, but
it gets down into the 30s. These guys
will be outside working when it's 30°
out. So, and hard physical labor every
day, and then you go home, you you eat
and you go to bed, you start get up the
next day, and you go do it again. In
your life, to figure out what you want
to do, you have to figure out what it is
you don't want to do. I have um a bunch
of quotes here that you've said if you
just wanted to look at the first one.
>> There's no such thing as a day off when
there's no such thing as a day off when
you run your own business. You know,
there's no birthdays, there's no
Christmas, there's no Thanksgivings. Bad
[ __ ] will happen every single day that
you need to deal with. But when you like
what you do, it's fun.
>> A lot of people, especially young people
these days, want to be entrepreneurs.
You know, I'd really like to work for
myself and own my own business because
I'd love to plan my schedule. How much
Oh, you're you're you're going the wrong
way. What you need to do is find a
9-to-five job where you have weekends
and holidays off and you know that's
that's your move. If you're looking to
start your own business because you want
more time to yourself, you are picking
the wrong thing to do. I promise you
that. The key to becoming a good uh
entrepreneur is you have to find
solutions to problems every day. The
universe was trying to [ __ ] with me the
other day. I got out of bed. I had to be
at a board meeting at 9:00, right? I go
in, I got a shave. Both my razors died.
I use electric razors. They both died.
Get through that. I get in the car and
I'm driving and and the sensor says,
"Your back right tire is low. Stop the
vehicle immediately." I said, 'Yeah, no,
we're not [ __ ] stopping. We're going.
That's just life, right? When you get up
and it's life standing there to kick you
in the face and and you got to get
through all this [ __ ] Then you get to
work and there's a laundry list of
problems and things you got to deal
with. And this younger generation that
think you can work from home and build a
successful business. It's impossible.
You can't do it. I'm in the office from
8:30 in the morning and I don't leave
the office till 7 8 9 10 sometimes.
still to this day. There are times when
I go to work and my schedule's planned
out for the day. But people will pop in
my office and we start talking about
things and you know when when you have
people a good group of people like I
have at the UFC and we get in a room and
you start talking things pop up that you
would never expect and things happen and
a lot of good ideas come from everybody
being at work. Has being kicked in the
face by business over the last couple of
decades changed you?
>> Definitely. I don't freak out the way
that I used to. I've been through it all
>> and I'm way more calm now. I see this
with a lot of guys. You become uh I
don't want to say you get weaker, but
you do get weaker as you get older.
There's there's a softer side to you
than you had when you were in the early
days of building your business. And I
don't ever want to be that guy. You know
what I mean? I try not to be that guy.
But you do relax and chill out. And you
don't. The things that you used to flip
out about when you were younger, you
don't when you're older. I mean, I went
through a phase where I ripped through
like 10 secretaries in two years. Like I
need people around me that can keep up.
You got to have people that can keep up
and can handle handle the load of work.
You know, it's probably the busiest year
for me this year because I have Zufa
Boxing, Power Slap, and the UFC that I'm
I'm running these three companies. And
then there's a ton of other things that
that I do, too. So, we'll be on the
road, you know, I think we just got off
the last two months. We were home for
like 4 days in the last two months. Then
I get home and I don't stop. I just I go
out and I do things and you know, these
guys that are with me, they have to
they're with me and it's tough.
Nobody owes you anything.
So, you know, we talked a little bit
about my parents and whatever. I had
this kid that I grew up with and you
know this we we were 12, 13, 14 years
old. And I remember his dad had done
really well and you know, they had a
beautiful house, they had cars, you
know, he had all the [ __ ] that you you
would want growing up. And I remember
him telling me one time his dad ran into
hard times and his dad had put a million
dollars away for him in an account. And
then his father ran into hard times and
his father took the money. He's like,
"My father stole a million dollars from
me." And I remember thinking, "Are you
out of your [ __ ] mind?
The fact that your dad even thought of
you that way, that he would put that
money away from for you is incredible.
But that was never your money. You
didn't earn that money. that wasn't
yours. I remember thinking that way when
I was 12, 13, 14, right? I'm like, that
is definitely the wrong type of
mentality. Entitlement.
Brutal. And that guy grew up exactly the
way you would expect that guy to grow
up. He's just, you know, nobody owes you
anything. Nobody. listen to to to have
to be set up in a position where
somebody can make some phone calls for
you and do some things, but then once
they do that, you have to go in and
deliver. There's going to be a ton of
people listening that want to be
entrepreneurs. Do you do you think most
people are cut out for it?
>> No. No.
To be an entrepreneur
is very a very unique thing. I mean, you
have it's hard enough for a lot of
people to get up every day and depend on
themselves
>> to take care of themselves.
>> When when you're an entrepreneur, lots
of people depend on you. Lots of people
feed their families and and I take that
that role very serious. I mean, when I
got into this business, not a lot of
people believed in it. That's why we
bought the UFC for $2 million, right?
Let's be honest here. The UFC was
purchased for $2 million. And if the
Lakers sold for 12 a.5 billion, then the
UFC is worth 50 billion. Okay?
So
the people who did believe in this and
and did, you know, when I was trying to
hire production people, production
people don't want to live in Las Vegas,
Nevada, especially 25 years ago. They
want New York or LA, right? Um I was
trying to hire sponsorship people, New
York and LA. they don't want to live
here. And then I had a group of people
Craig Borsari who is my uh you know my
head of production who is an absolute
rock star, the best in the business. He
was a rising star at Fox. He left Fox
and came here because he believed in the
vision and and what was happening here.
When you think back from on that journey
of buying it for $2 million and then
let's say it's worth $50 billion now if
it was valued, you know, relevant to the
Lakers. If there were principles, if
there were like a couple of principles
that you would most attribute to the
success of the UFC when at the time
nobody wanted to put on the fights
anywhere. Everybody thought it was like
too barbaric.
>> Matchmaking.
>> Matchmaking. Yeah.
>> Is number one,
the live event production.
>> Okay.
>> And the television production.
>> And then on the business side that you
think, you know, if we'd gotten that
wrong, we definitely wouldn't be here.
The big problem, if you look at how 25
years ago when we bought this, you're
never going to compete with boxing.
Boxing is too established. It's been
around too long. It's this and that.
Boxing became a going out of business
sale. Every time these guys would put on
a fight, they try to grab as much money
as they can and run. I am now involved
in boxing. I have the only global
television deal right on Paramount. All
these other guys are on a streaming
service called literally every promoter.
What they've done is they've chased
everybody out of the business.
Television networks don't want to deal
with it anymore. Sponsors don't want to
be a part of it anymore. What we have
done over the last 25 years is built a
brand that not only the consumer trusts,
>> but sponsors, television networks, the
list goes on and on. So,
I make sure that when people show up to
my live event, which is super important.
The people who pay to come to the live
event spend way more money than the
people on TV. And they got to buy
flights and rooms and pay for their
dinners. Every time we put on a live
event, I want the people walking out of
there going, "God damn, that was a good
time. I'm I'm glad we did this tonight
and I would love to do this again."
>> And how do you make sure that's the
case? I heard somebody saying one time,
Dana acts like there's a formula to
this. If you look if you went back, I
don't know the actual number, but it's a
it's a long list and a big number of
guys with a lot of money who are really
smart and have done good things in life
that have tried to get into this
business and couldn't do it. Couldn't
make it work. There is a formula.
>> And guess who has it?
One of the things I've learned as I've
gone through my business career that I
didn't know at the start of my business
career was how much of success is
actually determined by the the people
you're able to assemble. I think at the
start of my career, you think if I work
weekends and I work really hard and have
good ideas myself, then I'll be
successful. And somewhere along the way,
I realized that it's really about like
assembling people and binding them with
the right like philosophy or culture,
whatever they call it. And the question
I have for you is, have you noticed the
same? Have you have you noticed that one
of the like obvious but seemingly
unobvious things about business building
is the quality of people you hire?
>> There's no doubt about it. No one guy
does everything. When we first bought
the company, I was the everything guy.
There was like two employees, me and
somebody else. And you know, you wear
all the hats when you start. Then you
start going out and you start building a
team. And there are people who fit and
people who work and people who don't.
And you have to be really good at
figuring out who fits and who works and
who doesn't. And over the last 25 years,
if there's a superpower that I have, it
has been picking the right people to
surround myself with. And I knew when
there wasn't. We had a we made a big
decision when we sold on people that we
brought in and I knew right away the
people that didn't fit and I fired them.
>> What are you looking for in great
people? First of all, you have to have
talented people. You have to have
talented people that are not only really
good at what they do, but are hard
workers, too, and have the drive. But
everybody has to be on board with the
vision and and has to be, you know, on
the same page.
I am at a place right now with my
production team when we do spots and we
do vignettes and we do they'll bring
them into me and there are very few
changes.
>> What is your talent there? Like if if I
ask the people that work closest with
you, and I know this is a little bit of
a weird question to answer, what is
Dana's three skills that are rare
relative to other people?
>> I am a fight fan to the core. 25 years
later of doing this, I am still a
hardcore fight fan. And
when we put something together and we
nail it, I I know we got it. And now
what I do is I push my team whether it's
production, matchmaking, sponsorship
side, whatever it is. I push all these
guys every day to get us to where I know
I want to be.
>> You are the customer.
>> Yeah, I am the customer.
>> Yeah. And you have been since I saw in
your your sort of early um sort of
mid20s, you you were captivated with
boxing at the time, I believe.
>> Yep. Every time when we go to an event,
there's a red phone on the on the table
where I sit and it goes directly to the
to the truck and there's that our
producer's name is Zack.
>> The truck where the producers are.
>> Yeah. Zach runs all the shows. He has
the freedom to do what he wants and he
tries. So I'll pick up the phone and go,
"What was that?" And he's like, "I
thought we tried that." I say, "Yeah,
let's never [ __ ] do that again."
Okay, bye. And there's no hurt feelings.
there's no whatever or we'll do
something. I'm like that was incredible.
Yeah, congrats. That's incredible. And
you know, once you get to that level
with your team, there's a woman sitting
out here. Her name is Len. She's the
head of PR.
>> I don't really make a move without
talking to her anymore. I trust her so
much and she's so smart and she's so
talented that she's involved in a lot of
different aspects of my life. Craig
Borsari who I talked about who is the
head of production, my head of
sponsorship. Once you build this like
rockstar team, it's all just like it
becomes a welloiled machine where
everything just starts to work the right
way. Like when we were going through co
these people that I'm talking about, you
know, when you go through something like
this, who the hell knows how long this
is going to last? And as crazy as the
world was during that time, here here's
one thing that wasn't going to happen. I
don't give a [ __ ] We were not going to
lay off our employees. These people that
have been here with me and and that I'm
super close to saw this quote from I I
don't know who the CEO was, but says,
"Anybody that's trying to sell you that
we're a family and is is full of [ __ ]
This is transactional and it's the I
don't know who wants to run through a
[ __ ] wall for that guy." But he's
full of [ __ ] Okay, my team. That is the
way I feel about my team. And I do care.
And I will never pick money over people
ever.
Scariest time in our lifetime was co.
You're looking at the numbers and going,
"Oh [ __ ] you know, we uh we got to let
go of some people. We got to what?"
During the scariest time in in human
history. No. Your job as the CEO
is to figure out how to keep your
business running and to take care of all
your people, right? Here's what you
don't do. Oh, we're looking at hard
times. Let's just start [ __ ] putting
bullets in people who have missed their
kids' first step, didn't go to a [ __ ]
game, missed this and missed that to
help build this company. It is your job
as the CEO to take care of these people
and figure out how to make money. That's
the way that I look at it and that's
what we did.
>> The reason why people have a problem
with this whole like uh you know my team
are my family thing is because they
always say well you don't fire your
family and and what you're saying is
actually those that have been loyal to
you are the ones that you treat like
family I'm hearing.
>> Yeah. If you don't have loyalty
>> what do you have? Right. If if you work
in a place where you feel like the rug
could be pulled out from under you at
any minute for no reason other than the
numbers don't look good. You think you
want to be an entrepreneur and you think
you want to be the CEO of a company.
Every day when your foot hits the floor
out of bed, you're going to war. There's
people trying to take what you have.
There's people trying to screw you over.
You know, people are coming after you
every day. And the more successful you
become, the more people that are coming
after you. And I look at the UFC and
other businesses that I run as a
battleship.
And me and my team are going to war. And
we either all go down together or we
don't go down at all.
>> I guess in that context, if you are at
war, then you need, you know, your
brothers in arms. You need
>> you need soldiers.
>> Yeah. You need soldiers.
>> Yep. And I'll tell you this, so I know
lots of different stories coming out of
CO
the day that everything started to shut
down. I literally got all my employees
in a room together downstairs at our
dining room and I said, "Listen, I don't
understand this. I don't know what's
going on, but if any of you feel unsafe
or feel that, you know, you have loved
ones at home that could be unsafe from
this whole thing, you can go home."
Nobody walked out.
Nobody walked out.
I said, "We're going to figure this out.
We're going to get through this
together." And uh you know, every week I
had weekly FaceTime calls with all my
employees. And it sounds weird now, but
I was like, "If you need anything, if
you need groceries, toilet paper, uh you
loved one of yours gets sick, make me
the first call. We'll get through this
together." And and then, you know, it
was only a couple weeks and I said,
"We're going. we're going to work. And
everybody, men, women, they all said,
"We're with you. Let's roll."
>> Do you know what's interesting is the
last time I heard a founder or CEO of a
company say this to me, um, they also
had a very turbulent childhood where
they didn't have a family.
>> And and he ended up admitting to me, he
goes, "You know, I guess to some degree,
as an adult, I've been able to build my
own my own community family that I
really never had." And so I I was just
wondering as you were speaking there if
there's
if there's a link there at all
>> well between how you treat
>> No, here's the link for me. If if I had
again psychoanalyzing me, I've worked
for companies
>> that you go in and you give your time
and your energy to and they treat you
like you don't even [ __ ] matter,
right? It's like, well, if you don't
like it, there's 10 other people right
behind you that would love to have this
job. Wow, that's how much you value me
and what I do here.
>> Yeah, it goes both ways, right? I I I've
been in those positions before and I've
red phone um reminds me of another quote
that I read from you which is that you
are always in the weeds and one would
think you know Dana you're 57
>> yeah 57
>> 57 years old very very successful made a
lot of money in your life peak of your
powers one would assume that by this
time you'd be a little bit out of the
weeds and dare I say even I don't know
delegating and enjoying yourself a
little bit more I mean that's
presumptive the word enjoying yourself
but would be out of the weeds by No.
>> You ever hear the saying, "It's easier
to get to the top than it is to stay on
top." True words were never spoken. When
you're when you're at the top,
everybody's gunning for you. And
everybody's looking at your blueprint
and saying, "How do I how do I use what
he's done and how he's built this to
beat him?
>> How do I steal his people?"
>> It's like being a world champion. So,
you become a world champion and then
everybody starts studying you and how
you fight or how you play or how you do,
trying to figure out how to beat you.
And uh I love that [ __ ]
>> How do you respond to that? Because it
>> because it's easy to get distracted when
there's that many people gunning for one
guy
>> and don't get distracted. You know what
get distracted on? You get into a
business like this, right? And and lots
of goofy [ __ ] starts coming at you like,
"Hey, we want to do a movie about this.
Hey, we want to do a thing on your life.
Hey, we want to
There's three things that I focus on
every day, and I'm not going to say it."
But
>> you're not going to say it.
>> No. Why?
>> There's three things that I focus on
every day. And if I don't [ __ ] this up,
>> you can't you can't mess it up.
>> Why wouldn't you tell me?
>> It's part of the formula.
It's part of the formula.
>> Three things you focus on every day.
>> There's lots of ancillary things that
come around the brand of the UFC, right?
That if you start diving into all the,
you know, and let your ego take over.
you let your ego get into, you know, all
this [ __ ] that you can't mess it up
because I've seen other companies that
are so big and massive and have been
around for a hundred years and you make
a couple of mistakes and then somebody
else is is coming trying to eat your
lunch, man. And and and uh nipping at
your heels.
>> Nobody's nipping at my heels.
All these other guys that are out there,
we are not the same. Okay, this thing
has gotten to a level now. My
competitors are the NFL, Major League
Baseball,
the NHL, and the NBA. We did an 8
billion deal with Paramount. Right now,
I don't know this for a fact, but I know
this for a fact. The NFL are a bunch of
animals, right?
Soon as that deal was announced,
all the powers that be at the NFL got in
a room and said there was $8 billion out
there that we didn't get. We'll do games
on Tuesday, Wednesday, Thursday, Friday.
You know what I mean?
>> And if you look at me now, we're sitting
in my arena.
>> Next door, I have the performance
institute and our headquarters. We have
everything that the NFL and the Major
League Base, all these guys have. We are
part of the the four major sport uh
organizations in the United States.
>> Dana, can you give me one of these three
things?
>> Um, no,
no, no, no, no. It's it's it's part of
the formula, but you know, we have
gotten to a level now where we are one
of the top four major. All these other
promoters and all these other guys
putting on fights and all this [ __ ]
they don't matter. But on this point of
being in the weeds,
>> is that important for, you know, people
out there that are
>> So here's what can happen, you know, and
people say this to me all the time. We
did the $7.7 billion deal with Paramount
and they're like, "Wow, that's
incredible." You know, you didn't
[ __ ] make it. You never make it. You
don't make Do you know why Paramount did
a 7.7? Because they believe that we can
impact their business. Now, my job over
the next five years is to make sure we
do that because guess what I want? I
want 10 billion after we get out of this
deal, right?
>> And the way that you do that is you
added value to their company and and you
know,
>> is it not tiring though constantly
having to be in the weeds for 25 years
and now you're rich and you've you made
all this money? Like, is it not?
>> I could understand for some people
maybe, but not me. I mean, I'm I'm I'm
57, and I'm sure to a lot of young
people that seems old, but 57 isn't that
old. And and and what the hell would I
be doing? I am addicted to chaos and and
you know, and if there isn't any, I
create it. It's it's a weird thing, but
I'm definitely an addict. Yeah.
>> There's a particular quote in this pile
of quotes which I think is really
relevant.
>> Yeah.
I love the haters. The haters are the
best, man. There's nothing better than
haters. Haters will lay out what they
think is wrong with your business and
how you're not, you know, doing this or
doing that. And you know what this used
to be called was, you know, the critics
or the whatever. Now these days they're
called the haters. And and I I love the
haters.
>> Do you listen to the haters?
>> Yeah. Yeah. It's not like you don't
listen to the haters, you know. It's not
like you don't you know you know what
you know what is real and you know
what's just [ __ ] They're just, you
know, but you have to have these guys.
They they they they sort of keep you on
your game.
>> Now, most people would say I drown that.
What I drown out is like the media that
covers our sport. I don't look at them
as haters. I look at the every [ __ ]
thing they say is wrong. And when I look
at what they say, it's like it's amazing
that you could be involved in this
business for 25 years and know nothing
about it, you know? But I guess that's
why, you know, we've never had any real
competitors cuz when you think about
what we're doing, it's never been done
before. So what I'm thinking and what's
coming next, these guys could never
know. So all literally all the guys that
cover our sport, I block them out of my
feed. I don't want to hear. They're all
wrong and everything they say is wrong
and it's a it's a waste of my time to
even listen to anything they say. But
the hardcore fans, you know, uh, and the
people who hate and the people who say
we're great and all this, I like that
information. I like hearing what they
have to say. The two points you just
made, this one and the point before um,
brought to mind this point of focus. You
talked about these three things. You
talked about blocking out the haters.
When you're at the top, there are so
many things screaming for your energy.
>> Sounds right.
>> There's a Everybody's going, "Look over
here, Dana. Give me five minutes of your
thoughts and energy." Then you've got a
journalist over here. Then you've got
this fighter saint coming out making a
comment over here. And so I wanted to
understand what your relationship with
like focus and how important this idea
of focus has been to your success.
>> Yeah. That's why you have to uh like I
was saying you have to figure out
what you pay attention to and what you
don't pay attention to.
>> Kevin Olir called this signal and noise.
>> Yeah.
>> You told me about great film.
>> Yeah.
>> The noise. You got to block out a lot of
the noise. The problem is these days
anybody with a [ __ ] phone, all right,
can can consider themselves an expert
and and I'm criticizing what they do,
but it's it's just it's always wrong and
it's always just such a waste of time. I
want to hear what the fans think. I
don't want to hear what these guys who
are trying to start a podcast or a
website or a [ __ ] Instagram account,
you know, on the business think. I want
to hear what the real fans think. And
when when you have been doing this long
enough,
you can sort of go through and tell
what's what and who's who, right? So
when when I feel like somebody has made
a really good point or an opinion on the
show or the match, it's like when we put
together a fight, and I've been saying
this since day one, they're like, "This
card sucks."
You can't say the card sucks until it's
over, right? Cuz these are obviously all
really talented people that are on the
card. Maybe some of them are, you know,
are younger and haven't proven
themselves yet, but
you can't judge a card until the card's
over. And believe me, if the card sucks,
I'll be the first one to say that the
card sucked. So, there's just lots of
things that are that make sense and
things that don't.
>> What has made the the biggest difference
to you in terms of your energy, your
health, and making sure that you can
show up really well every day? because
I'm I you're the reason I heard about
Gary Breer and then I brought him on the
show and he did really really well on
the show and then it was that watching
you talk about some of the impact he had
on your life. He's a health expert that
transformed your life.
>> But I I say all this to say that in my
life I noticed this variance between my
good days and my bad days in terms of
energy level, my ability to articulate
myself. And so I'm longing to like get
to a high baseline.
>> So I'm wondering for you like what has
that been for you? Yeah, he completely
changed my life. When I hit 50, Gary
Brea changed everything. So, I have two
doctors, one in Vegas, one in LA.
They're both great doctors. So, when I
started the whole Gary Brea thing, they
they called me up together. They're
like, "Dana, what are you doing? What
are you doing with this shit?" And I
said, "Listen, man." The guy said, "Give
me 12 weeks and I'll change your life.
We'll see what happens in in in six
weeks." I was like, "Wow, I feel
incredible." and all these things that
they couldn't fix. They just kept
switching up the pills and all this
[ __ ] And one of them that was real bad
was sleep apnnea. I was waking up almost
every night and throwing up from from
from sleep apnnea, right?
>> And how how did you meet him? Someone
referred him to you and
>> Carrie Kasem Carrie Kasem was like, "I
want you to meet this guy. I'm telling
you, he'll do this and that." I didn't
want to meet him. And then the the
weirdest thing ever is that my son
turned 21 and I had his 21st birthday
down in Miami
>> and Gary Brea lives in Miami and he
says, "Well, we do IVs so we could do
all the IVs for you guys down there and
whatever." And I said, "All right,
cool." So, we would go out and drink
and, you know, then do the IVs. And then
one day we're doing the IV. And he says,
"Let me let me take your blood and let
me uh let me do your blood work for
you."
>> Gary said, "No."
>> Yeah. And Gary had this thing that he
could predict,
you know, when you would die. And then I
became obsessed with that. I said,
>> he gave you 12 years.
>> 10.
>> He gave you 10 years.
>> So then, so then he he he said, "Uh,
give me 12 weeks. I'll change your life.
It's going to be hard." And I said, "It
won't be hard." Once I set my mind to
it, I'll I'll do exactly what you tell
me to do. It took 6 weeks. 6 weeks in, I
was like, I I never felt better. and
clarity legs and all these other
problems I have and then sleep apnnea
gone. Me and my wife truly believe that
he's wrong. I didn't have 10 years. We
thought I had less because of the way
that I would sleep and all the [ __ ] that
was going on with me. And uh you know
this guy is a is a life changer. I
wouldn't be doing
all the things. I mean I'd probably
still be doing UFC, but I wouldn't be
doing all this other stuff that I'm
doing. I wouldn't be able to run at the
level I run at right now without him.
I hear another one of your quotes here.
>> Yeah. It says, "You either have the
killer instinct or you don't." And it's
so true. So, this happened with Ian
Garry.
>> You know,
>> I saw your interview.
>> I felt like Ian Garry in that fifth
round, you have this opportunity. You're
fighting possibly the greatest fighter
of all time. And you did a damn good
[ __ ] job for four rounds. And you
know, he was battered. His whole right
side was busted up. His face was busted
up, but he was beating you as far as
rounds go. Now you're the younger,
bigger, rangier fighter. You just fought
four incredible rounds. Get out there
and put it on. You go out and start
shaking his hands and hugging him and do
that when they're strapping the belt on
you. Show Islam all the love you want
when the fight's over. This is the fifth
round. You have five minutes
to shock the world and and you know
everything you ever [ __ ] dreamed of
and worked for can happen in this next
five minutes and you didn't do it.
>> Does that mean he doesn't have the
killer instinct?
>> I don't know. You know, he's a classy,
really nice guy, but that's not the time
or place to be it. You you have to go
out and you have to you have five
minutes left to you know, he didn't show
it. If he does have it, he didn't show
it. any any guy,
company or person that wants to be a
sponsor of ours.
I'm not a logo slap guy. You just take
your logo and slap it in and let's hope
this works out. No, I want you to win.
When you're with me and and your name is
on our canvas, I want this to be a
mutually beneficial deal for both of us.
I want you to win. And I want you to go,
"Damn, thank God I spent my money on the
UFC."
>> And you have to get up and you have to
you have to kick ass every single day.
Not just for you, not just for your
employees, but for your sponsors, the
network, and you know, you're never out
of the weeds, I guess, is the answer.
You have to be an absolute savage in
business. I mean, that goes right along
with what I was just saying. You You
>> Are you a savage?
>> I don't like to You know what I mean? I
don't know. I would let other people
judge whether I am a savage or not. But
yes, I will tell you this. I absolutely
positively have killer instinct. And
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in whatever pursuit they go after. And
I'm kind the question I'm kind of
wondering is like is there a way they
can learn this savagery, this killer
instinct? Do you have you ever seen
someone go from not having it to having
it, whether they were a fighter or
someone else?
>> H that's a good question. I don't know
if I've ever experienced somebody who
didn't have it and got it. I don't I
don't think that I have. But here's what
I do know. If you want to get into
business for yourself, you have to have
a certain mindset and you have to be a
killer, man. You have to and you have to
not just think about yourself. There's a
lot of other people that you have to
think of more times than less before
you.
>> Do you think you have to have a chip on
your shoulder? Uh, I don't know if you
have to have a chip on your shoulder,
but you know, I most guys you see do,
but it's because you get up every day
and it's you versus the world. I mean,
everybody's coming at you. And the more
successful you get, I mean, if if you
look this up, I mean, every business
that's ever been successful, right?
There's a army of scumbag lawyers out
there that will find a way to figure out
how to sue you because you know you did
something wrong. Or the other thing that
happens is people that are involved in
your business that don't become
successful. It's never their fault.
>> It's somebody else's fault on why they
weren't successful. And you know there
there's always a there there are groups
of lawyers like companies out there
massive companies and smaller ones too
that actually fund you can go in and you
can invest in a lawsuit with them and
and be a part of it. So every day when
you get up there's just you know
scumbags
regular people good people that are all
coming after you. question then. Which
person would you of all the
entrepreneurs and killers you've met,
which one would you not like to compete
with
>> as it relates to business? H I don't
think I I I want to compete with them
all.
>> But is there anyone?
>> Listen, we're we're at a level now where
I was saying to you the NFL and
>> yeah,
>> Major League Baseball, these guys are
all, you know, first of all, they've
been around for a hundred years or more
or less or whatever it is. And I'm I'm
at a level now where we're competing
with the elite of the elite in sports.
>> Who is the most badass entrepreneur
you've ever met?
>> Uh I don't know. That's a tough one.
Like there's guys that there's guys that
that that I like and respect like the
the Michael Jordan's uh Carl Icon. I I
like guys like that, you know.
>> What about athletes that you've worked
with? Was there any that you you sort of
put in a class of their own in terms of
>> Conor McGregor, Hhabib Ngamedov, Chuck
Liddell when you know it was his time.
Ronda Rousey, you know, people people
that you know want to talk [ __ ] about
Ronda Rousey. Now let me tell you what
Ronda Rousey came to me. I didn't want
women in the UFC, right? And and the
reasoning is I was trying to sell men to
networks and sponsors and they were like
this is too whatever women. Ronda Rousey
grabbed me at an event, said, "Hey, I'm
Ronda Rousey. Can I get 15 minutes with
you?" We went into my room at the at the
arena and I don't know, minutes into the
conversation, I'm like, "Holy [ __ ]
I think I'm going to do this." And she's
the one to do it with, you know, and she
came in with the whole [ __ ] bravado.
You want to talk about a chip on your
shoulder? I mean, she had it. You know,
so many people now want to hate on her.
She is a [ __ ] unicorn.
>> What do these people have? The Connors,
the Kabibs, the Ronda. What is it?
>> Conor McGregor. I went to dinner with
him when we signed him. I left that
dinner. I called Lorenzo Fertitta. And I
said, "Dude,
I don't know if this guy can fight or
not, but if he can even throw a punch,
he's going to be a massive superstar.
He's he's incredible."
>> What was it?
>> Well, the number one factor in this
business, can you fight?
>> How good are you? Number two is that is
this this mentality
of manifesting and just sitting there
and you're telling me what you're going
to do and how it's going to happen and
how it's all going to play out. And I've
only had a handful of these meetings in
25 years. A handful.
>> Do you believe in manifestation in that
regard?
>> Oh, manifesting is real and I'm a I'm a
big believer in in manifesting. When you
decide who you are, what you want to do,
what you're going to accomplish and you
get up every single day and you work
toward it, it is impossible for you to
fail.
>> Some people just take one side of that
bug and they'll say, "I'll just sit here
and think about it. I'll make my vision
board." But then they won't get out and
press the pedal.
>> Right.
>> It's kind of like getting in a car in
your garage and setting the satnav, but
not, you know, putting your foot down.
>> That's exactly right. Not stepping on
the gas. You're right. Yeah, you go in
there and you program your [ __ ] you
know your GPS system and then you never
step on the gas and you never [ __ ] go
anywhere. But yeah, if you lay out your
plan, you know who you are, you know
what you want to do, it's impossible to
fail. And then then what does failure
mean?
>> Mhm.
>> What what what does failure mean? My
thing about success in life is are you
happy? Do you get up every day and love
what you do? You know, I know a lot of
billionaires that are miserable,
miserable human beings.
>> Why?
>> I don't know why. It's just listen,
being happy is a choice. Do you love
what you do? Do you want to get up? Do
you want to be happy every day? And and
to me, that's the key to success. I
actually I'll tell you a story of my
son. My oldest son called me the other
day and he's like,
"Dad, I need some direction. You know,
I'm thinking about this d and I always
tell my kids, I want you guys to be
happy." He goes, "Dad, don't give me
your [ __ ] happy speech.
He's beat. I need some [ __ ] direction
and help me figure this out. So, I think
we had a good conversation and uh he
seemed happy when we got off the phone,
but yeah.
>> What did he want direction on?
>> Yeah, just just life choices that he's
he's looking down the barrel of right
now.
Don't be that guy that's laying in the
hospital bed dying saying, "I wonder
what would happen if I tried." Yeah. I
don't want any regrets. I don't want to
be, you know, I I I don't want any
regrets.
And I don't right now. I I I don't
regret anything. If you if you pushed me
hard and said, "Tell me one thing that
you regret."
I don't believe that I have any. I don't
believe that I have any.
>> I know you don't like it when I go here,
but I wanted to wanted to ask you if you
have any of that. Your parents have
passed away a couple years ago.
>> Well, that's the thing. when you when
you talk about like you know this
podcast diary to CEO I I don't think
that
>> that it's all you know cookie cutter and
stamp everybody has their own things you
grew up different than I grew up all you
grew up different than we grew up and
there are things that
>> you know obviously had big impressions
on you when you were young but I hate
the past I don't I don't like the past
and it's not just my childhood or
anything like that [ __ ] the rearview
mirror, it doesn't matter. Whatever
happened yesterday means nothing today.
And some of these kids, you can never
let the past affect your future, right?
So people say to me, "Hey, do you ever
look back and go, wow, we did this and
no, [ __ ] that. Cuz whatever we did back
then got me to here."
>> Right? We're here.
>> What just happened a few hours ago
doesn't mean [ __ ] anymore. It's gone.
Right? What's next? what's next? What's
next? I don't ever look back and let you
know, you learn some things and you
learn some lessons and you know, good
and bad or whatever happens. But these
people who sit around go, you don't
understand my dad did to my mom and
[ __ ] who gives a [ __ ] [ __ ]
everybody went through that stuff. Shut
up. That doesn't matter anymore. Don't
let the past affect your future. So
people will say, "Do you ever just sit
around and reflect?" [ __ ] no, I don't
reflect. I'm thinking about what's
happening tomorrow and what's going to
happen and you know who's going to come
after me in the next [ __ ] few days
and you know how do we build and how do
we get bigger and how do we get better
you know I'm 57 but I want to be better
tomorrow than I was today in every way
that you can possibly be better
>> have you always been like that
>> I think so I think I've always been that
way yesterday never mattered to me you
know you took whatever lessons you had
from that good or bad right it's like
it's Like these kids that grew up and
said they didn't have any role models,
you know? Oh, yes, you did.
>> Does that mean you had tons of them?
>> Does that mean that you can't You're not
hurt by things?
>> Never.
>> You're never hurt by things.
>> Never hurt by things.
>> Really?
>> Never hurt by things. Yeah. And people
always, you know, people that are close
to me would like, "When's the last time
you cried?" [ __ ] I don't even know the
last time I cried. What does crying do?
What does How does crying [ __ ] help
in any way, shape, or form? And you
know, maybe for some people crying's
great. Crying doesn't [ __ ] work for
me. I'm not a crier. And it's pretty
[ __ ] hard to hurt my feelings. And
I'll give that to my mom and dad, my
uncles and aunts. I mean, we had a
[ __ ] tough crew. When people who were
supposed to love you would say the
things that these guys would say to you,
you know what what is [ __ ] this guy
over here. I think I give a [ __ ] what
this guy thinks. It's like when we talk
about getting cancelled. Who can really
cancel you, right? Oh, the New York
Times doesn't like that. I [ __ ] the New
York Times. Give a [ __ ] about the New
York Times. I have a group of people in
my life that mean something to me,
right? That I care about. Their
opinions, you know, my relationships
with them, whatever mean a lot to me.
And if one of them went away, that that
would bother me, right? other everybody
else would I give a [ __ ] what you know
three guys on the [ __ ] internet think
or you know some guy who writes for
something or the [ __ ] New York Times
which you know through co New York Times
was on my ass like crazy but this this
is what I always think about.
>> And are you saying that came from the
fact that people that were supposed to
say nice things and be super
affectionate and cushy when you were
younger they were saying horrible things
so it kind of built a resilience in you?
>> No [ __ ] doubt about it. No doubt
about it. They built me for this for
this life and this uh you know and I
always say I wouldn't take back one
thing from my childhood or want
different parents or a different family
or a different setup. It was incredible.
>> What were they saying to you?
>> Uh I don't listen I I I'm a ball buster.
I like to bust balls and and whatever
even with my friends and my crew and
that's the way my family was. My family
was a hard group. Like my grandmother w-
which I love. Both my grandmothers on
both sides were incredible. You know,
there's nothing better in life when
you're young than to have great
grandparents. I mean, everybody watching
this right now, everybody thinks of
their grandparents and like, "Ah, yeah,
your grandparents were the best and all
that shit." Like my grandmother, my
Irish grandmother on on my that
>> you say, "Hey, I love you, Graham."
[ __ ] nothing back. Good to see you.
See you later. Really? Yeah. Yeah. There
was none of that type of [ __ ] growing
up. Yeah. Yeah. There you go.
>> I when I heard about this, I thought,
"Oh, shit." So, this is a book that your
mother
>> I've actually never seen the actual
[ __ ] book.
>> This is a book your mother published
about you unauthorized as a biography.
>> Yeah. And put a bunch of pictures in
here of me when I was a kid and all this
[ __ ] But I think, you know, this
happens a lot. I mean, she put my
[ __ ] wedding pictures in here and
[ __ ]
>> And she didn't ask you to publish this
book.
>> No. Put [ __ ] wedding pictures in here
and all this [ __ ] [ __ ] I mean, I I
you know, I saw some Kobe Bryant stuff
where Kobe had to like sue his mom. She
was selling his [ __ ] from his bedroom
and and you know, it happens, man. It
happens. It's unfortunate and it's I've
actually never seen the book. It's the
first time I've ever seen the book.
>> I'm not going to read it out or
anything, but um in the book, she's
critical of you at certain points.
Specifically, the last page, which I
read, she
>> she says critical things, and I was
wondering where along the way did that
happen?
>> Well, I've never read it. And that's the
first time I've ever seen it. And I was
just flipping through like the pictures
like, you know, it's it's
bat [ __ ] nuts. Bat [ __ ] nuts.
Where along the way did that happen that
you fell out with her?
>> I was on a trip one time. You know, this
this was before uh um you know, I didn't
have emails and all that [ __ ] on the
road. And I was with Lorenzo Fertitta,
my partner, and we were in London for
like two weeks. And when I got back, I
checked my emails and I have like a
bunch of emails from her like
threatening me. You're going to send me
this much money by you have two options.
You can give me this all up front or you
can pay me payments over the next
[ __ ] whatever. I'm I'm looking to buy
a a bar or whatever it was. And then she
wasn't getting responses because I was
in London. And then the email started
getting nastier and nastier and nastier
by the end. And I was like,
I [ __ ] just blew up. And that was the
beginning of the end with me and her.
Yeah. So these things happen when when
you become successful. It's not just uh
listen, sometimes family is the worst. M
>> sometimes family's worse than you know
like like when we talk about things that
are being said in newspapers and things
like that pale in comparison to what you
can get from some family members. But I
have a whole another group of family
like cousins and you know me and my
sister super I mean listen I I say this
all the time. We all fail at certain
things in life. In my opinion, if you
fail as a parent, it's the ultimate
failure.
>> It's the It's the ultimate failure.
My mom passed away without me or my
sister talking to her. My sister had her
own set of issues. You know, with me it
was money. With my sister it was other
things. So, we didn't we didn't talk to
either one of my parents.
>> Have you forgiven her?
>> Um, yeah. Listen, I I didn't I I don't
go on shows to speak negatively about my
mother. You know, I was telling you
earlier, I wouldn't change anything. And
you know, people say, "Do you think you
are where you are today because of your
parents?" Absolutely, 100%. You know,
good, bad, whatever, however you want to
look at it. You know, my parents passed
I don't want to tell bad stories about
my parents, but I mean that's one of the
one of the grossest, most disgusting
things that you couldn't even imagine
possible until it happens to you. And
you know what are you going to do?
You're going to [ __ ] cry about it and
oh, you don't understand my [ __ ]
Well,
>> you got you got an opportunity.
>> It happened and and it you know, it is
what it is. The thing that that that's
bad about that and what she did is a lot
of other people
I think she hurt in that book. She
didn't hurt me, but other people that,
you know,
a lot of things that aren't true and a
lot of people that didn't do anything to
her in that book that, you know, and
again, I've never read it, but I've had
lawyers tell me about it, [ __ ] like
that. And then the, you know, the the
the personal private pictures that she
just threw out there that, you know, she
really didn't have the right to do. Um,
you know, it just it just it's one of
those things that
when you become successful,
this type of [ __ ] happens to you.
You have a wonderful partner like I do.
How would you on PS Morgan you talked
about her psychoanalyzing you? My fiance
does the same thing. I think my fiance
deep down thinks I must be [ __ ] up and
is is in constant search of evidence
that I am [ __ ] up in part because she
knows of my my childhood and my my
relationship with my parents. So, she
assumes that I must be [ __ ] up and
it's everything is confirmation of it.
>> Well, she'll get into this thing where
she'll start telling me she's like
she'll try to talk about my feelings.
She's like, "How do you feel about
this?" And and that's why when Pierce
Morgan was I said, "You sound like my
wife. You know, it's impossible for you
not to be able." Yeah. I said, "It's not
impossible and no, you're wrong." And
then and then once you do an interview
like that, and it'll happen in this
interview, too, it's like then people
start going, "Oh, this this guy's got to
be a psycho not to fucking," you know,
and maybe maybe that's true. Maybe
you're right. I don't know.
>> You didn't need different.
>> But I don't like to talk about this kind
of [ __ ] cuz it doesn't matter at the end
of the day. It doesn't matter. Like I
said, the rear view mirror means
nothing, right? Let me tell you what's
not going to you're not going to get
rear ended in [ __ ] life unless you
did some horrible things in your past
that are going to come back and [ __ ]
get you or whatever. The the the
rearview mirror means nothing to me. I
learned from it. I I had these
experiences, some incredible, some not
incredible, but they all built who I am
today and and and that's all that
matters. I think therefore it does
matter because a lot of people think
they go through life thinking that if
this happened to me I can't possibly
have a future be successful I can't
possibly move forward and so hearing
someone that went through in my view an
objectively very tumultuous very
difficult upbringing and has been able
to separate themselves from it and and
look forward I think means it does
matter because it shows that it's
possible
>> well I don't ever want to sit down and
and talk about things where I I'm like
some victim I'm the furthest thing from
a victim victim. And I think that
especially if you grew up in the 70s and
' 80s, a lot of bad [ __ ] happened to you
in a lot of different ways. It just it
was a different time, a different place.
And I think that
my parents and my grandparents before
them, they grew up in a different world
and different times. And you know,
things things weren't easy for them
either. They went through some [ __ ] that
got them, you know, to to to where they
were. And I don't blame them. I don't
have any ill feelings toward, you know,
me and my sister will talk about my mom
and we'll be like, "How the [ __ ] did she
do it?" She was a single mom. My dad was
what he was. Single mom, worked her ass
off, you know, did all this stuff and
and she did it. She ra she raised two
kids, right? no matter all the bad
things or whatever that happened, the
the book and all that, she she raised
two kids by herself and moved across
country from Boston to Vegas, you know,
with two kids and a dog and a car. We
drove cross country, you know. I
remember we were going through the
Midwest and there were tornadoes coming
and [ __ ] and like all the stuff that we
did and we went through, she did it. She
did it by herself and and my sister and
I, even though we didn't talk to her for
years, you know, at the end of her life,
um, we credit her and respect what she
did.
>> Ann is a little bit right, isn't she?
Cuz my partner is a little bit right. I
don't tell her.
>> Yeah. She's Italian.
>> Your wife an
>> Yeah. you know, they're all together all
the time and, you know, but when when
you have that that type of a family
structure, which is the complete [ __ ]
opposite of what mine was, it it's cool
to see. So, I have sort of the the best
of both worlds and her family's great,
you know, anytime while I was building
this business, her family was helping
with the kids and they all worked
together and they all did all this. So,
you know, I I I've been lucky that I've
been able to experience both.
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Thank you so much. Okay, we got two
more. Here we go.
Trust your gut, not the focus groups.
Yeah. Everything that I've ever done has
been off based off my gut and what I
felt would I mean the power slap thing.
I mean you want to talk about the
critics I mean you know UFC huge sold
all this money and and I remember seeing
people he's going to he's going to
destroy his legacy by by doing this and
that and all the [ __ ] that they said
about the UFC they then said about power
slap. Anything new that people don't
understand or uh or don't get they they
attack and go after.
>> But sometimes your gut is wrong. Yeah.
Sometimes you you're sometimes you get
things wrong. You think something will
be
>> Yeah. There's no doubt. Well, luckily,
not not in business it hasn't yet. So,
>> not the big things.
>> Yeah.
>> But I think that sometimes because I'm
quite weary of the fact that we sit here
and we give people advice to trust their
gut. But like some people's gut is like
not good.
>> Yeah. But if your gut is wrong,
here's what I always think. What's the
worst case scenario?
>> The worst case scenario is you go back
to work. You learn something as well, I
guess. Yeah.
>> Right. If your gut is wrong or if you
don't make it and you don't want to,
your worst case scenario is you go back
to work.
>> It's not a bad worst case scenario.
>> And speaking of work,
>> right? I used to think the day that I
walked out of that hotel, I was 19.
If this whole thing doesn't work out,
I'll have some great experiences, but
if I have to go back and go back to
work, I tried. I gave it a shot. I can't
wake up when I'm 40. And that was the
thing. When I was a Bellman, I was
making great money, right? I was able to
have a good life for myself. But then I
saw these guys that worked with me. One
of the guys was 45 years old.
He made the same money I made. He had
the same benefits that I had. He had the
same schedule that I had. So, what's the
worst case scenario?
I'm 45 and I come back and I, you know,
I do the same thing. It's not a bad
worst case scenario. The worst case
scenario is you never try. You don't try
to do it. And then you wake up and
you're 45 and you're like, "Fuck, man. I
wonder if what when I had no kids, no no
no no no nobody depended on me for
anything and I never gave it a shot.
If you're only in it for the paycheck,
you've already lost.
Yeah, it's absolutely true. Nothing I
ever did was based on money because if I
did base it on money, I'm still standing
in the hotel lobby because that was the
much better option at the time. 401k,
right? all the you check all the boxes,
dental, medical, cash, checks, all these
[ __ ] things at 19. If the money was
the deciding factor, I'm still standing
in the lobby of the hotel.
Now, when I left and said, "I want to be
in the fight business," everybody told
me it was [ __ ] stupid. Right? And
when you say that, what does it mean?
Does it mean where I am right now and
what's going on right now? You could
never predict that. You could never you
couldn't even [ __ ] dream it up. The
[ __ ] that I've done and the things that
I've been a part of
>> in your wildest dreams this wouldn't be
it.
>> Where does luck fit in this equation?
>> A lot I think a lot. And I wouldn't call
it luck. I'd call it timing.
Everything in life is about timing. So
there was this kid, his name's Adam
Corgan. I went to high school with him
and he was a rich kid in high school. I
was not. And I didn't have a car. all
that [ __ ] This guy would pick me up and
drive me to school every day, right? And
think about this and and this is the way
I always think. For him to come get me,
he had to wake up 45 minutes to an hour
earlier, get ready, drive over, get me,
and then we both had to be to school on
time. And I had this blanket pol, like I
told you, I quit drinking when I was 21.
>> And I also had this blanket policy in my
20s. I didn't go to anybody's wedding.
Everybody you ever knew was getting
married when you were in your 20s
heading toward your 30s, right? And it
first of all, you have to fly somewhere.
You know, I lived in Boston. You know,
you had to fly somewhere. Takes a bunch
of time out of you that to go to. So, I
would No, I wouldn't go to anybody's
wedding. So, then Adam Corgan is getting
married. How am I not going to go to
Adam Corgan's wedding with all the
things that he did for me when we were
in high school? I go to his wedding. And
who do I run into at his wedding? Frank
and Lorenzo Fertitta.
>> Who you end up
>> I hadn't seen in 10 years or more. So
Lorenzo comes up to me at the wedding
and says, "Hey, how you doing? I just
got on the on the Nevada Athletic
Commission and I heard you're you're you
know, you got a boxing gym you train. I
want to come in and train with you." He
came in on Monday and me and Lorenzo
have been together ever since. And Frank
>> and you bought the UFC together for $2
million sometime thereafter. Mhm.
>> So, if you hadn't been loyal to your
friend from school and gone to his
wedding, then I mean, who knows?
>> Yeah.
>> Sliding doors moment.
>> Everything in life is about timing.
>> Do you believe in karma?
>> I do. I don't believe in much. Like,
I'm, you know, I'm not religious. I
don't believe in God, the devil, ghosts,
goblins. I don't believe in any of this
[ __ ] But I believe in karma cuz I've
seen it play out good and bad. I've seen
karma.
There is a there is a big fight coming
up um big UK fight coming up between AJ
Anthony Joshua and Tyson Fury. One of
the biggest fights in boxing, you know,
over the last at least the last decade
for sure.
>> Definitely in the heavyweight division.
Yes.
>> Yeah.
>> Who do you think is going to win?
>> They both had tune-up fights that were
very very sketchy. So, we we'll see. You
know, it's not like either one of them
completely dominated in in their tune-up
fights. So, it's an interesting fight to
see. And obviously, you know, two of the
biggest, most famous, most popular
heavyweights to ever come out of the UK.
So, if you had to pick, if I had to
pick, I don't pick.
>> You were about to pick.
>> You didn't tell me the three things. You
can tell me this.
>> You're getting nothing from me that you
actually want in this interview. What a
waste of time.
>> I guess so. There is this empty one. I
wanted you just to write one more
>> that's front of mind for you. And again,
this is just a a principle for all my
audience who are various ages that are
thinking about how to be successful in
their own whatever they're doing in
their lives. Um, it can be anything.
Okay. What did you write? Do not be
afraid to take risk. Okay.
You will never accomplish or achieve
anything that you want out of life if
you're not willing to take the risk.
You know, and it's always easier to do
it when you're younger, before you get
married, before you have kids, but don't
be afraid to do it then either. What is
your worst case scenario? To me, the
worst case scenario is always laying on
your deathbed and going, I wish I would
have
>> when I built my house here in Las Vegas,
right? I was like, this is the last
[ __ ] house I'm going to build. And
and you know what I don't want to do? I
don't want to wake up some morning go,
damn, I wish I would have. So, I went
way over budget, you know, the whole
deal. And I wake up every day in my
[ __ ] house and I love it. And I've
I've been there eight years and I've
never said, "Damn, I should have."
Never. You know what I mean? I'm just
saying in everything that I do in my
life, I don't want to wake up and wish
that I had, you know, do not be afraid
to take risk, you know? And if there's
something out there that you feel like
you want and you, you know, [ __ ] go
go go get it. What's the worst thing
that can happen? you end up back at
work, right? That's the worst case
scenario. And it's not a bad worst case
scenario
>> in a way. We kind of do live like we're
going to live forever when you think
about like cuz really, you know, neither
of us know how long we have left.
>> So, um there's a movie that really
impacted my life when I was a kid. It
was called Vision Quest. And it's a
wrestling movie. You know, this kid's in
high school and he feels like he never
really accomplished something. He's, you
know, he wanted to leave his mark in
high school. So, he's going to drop a
couple weight classes and try to beat
the greatest wrestler in like the
country or something. The chute was the
guy's name. But he's in class and
there's this, you know, it's like his
poetry teacher, his English teacher,
whatever it is, is telling a story about
a poem and he says, "What does this mean
to you?" And the kid, Loud and Swain is
his name. Loud and Swain says, "You
know, this little girl's walking through
the park and all the leaves are dying
and falling off the tree." And then she
realizes that she's going to die
someday, too. And then there's this this
one of the greatest scenes in a movie of
all time. So he works at a hotel in high
school. He works at he's a room service
waiter. The head chef that works with
him every night is always like he's
cutting weight and doing all this stuff.
And every time he's around this guy,
this guy's negative. Like what are you
doing this for? Pick up the [ __ ]
thing and eat it. Eat some food. Do this
and that. And it's always like [ __ ]
on him. So he gets to a place where he's
getting ready to wrestle the shoot and
he meets this girl, falls in love with
her and all this [ __ ] and he's willing
to blow it all and give it all up and
she leaves because she sees that this is
happening and she leaves him and he's
all [ __ ] up. So where does he go? He
goes to the chef who's always [ __ ]
on him because he knows he'll talk him
into quitting. [ __ ] it. You don't have
to do this. You don't have to do that.
He goes to work and the guy's not at
work. He's supposed to be working. So he
goes to his apartment, knocks on his
door, and the guy's dressed up with a
[ __ ] dress shirt and a tie. And he's
like, "What are you doing? What's going
on? You're not working." He's like,
"Aren't you wrestling to shoot tonight?"
And he's like, "Yeah, but you're going
to they're going to dock you a day paid
work." And this guy goes into basically
I'm [ __ ] sitting in this apartment
alone one night and I'm watching TV and
there's a guy named Ple. Have you ever
heard of him?
>> And he says, "I watch this guy. He flips
upside down and backwards and kicks the
ball into a net and rips his shirt off
and runs around the place and the
[ __ ] crowd's going crazy and is
rough. Look, I get goosebumps telling
you the story. So he says, "A human
being, a species that I'm actually a
part of, you know, I'm sitting here
alone in my apartment and I start
crying." You know,
it's not the six minutes, it's what
happens in that six minutes that
matters. But basically, this movie spoke
to me like nothing had ever spoke to me
before. And uh I got it. You know, we
don't have time. There's not a lot of
time. And it does seem like we're going
to live forever, but we're not. And to
these younger people, like 30 years old
seems so [ __ ] old to me when I was
18.
>> You're 30 like that. Don't waste your
time. Don't be afraid to take a risk.
Don't be the guy sitting home alone at
whatever his age was at that point in
your [ __ ] apartment thinking, "I
could have done more than this. I could
have been bigger than this. I could have
been better than this." That is that's
that's the [ __ ] worst thing that can
happen to anybody. You don't want to be
that guy. And listen, not everybody is
built that way or for that. I told you
some people listen, they want that city
job, 401k, the benefits and all that
[ __ ] They want weekends off and they
want holidays off and there's nothing
wrong with that. We we need all types of
people in this world to live. But if you
believe that you are an entrepreneur,
you believe that you in something that
you want to build, do not be afraid to
take the risk. It's going to cost you
though. It's funny. I was thinking about
you talking about your big house in
Vegas, but then also the fact that you
were there for 4 days in the last 2
months.
>> Yeah.
>> That's actually that behavior that got
you the big house. And
>> True. Yeah. And I wouldn't change a
second of it. I love this [ __ ] I still
get up every day and I'm fired up to get
in here and get to the office. And I
love like
you don't want me to get into this
[ __ ] It's too long or whatever, but
you know, I'm working on something right
now that I just became [ __ ] obsessed
with. I became obsessed with it. And I
got these guys Tucker at my office. I I
I got this kid Maramman at my office and
all these guys that are really talented,
creative people. And I I I get them in a
room with me and we start talking about
it and I tell them what my vision is and
then they get into it and then they
start doing what they do and building
the and then it's just like [ __ ] I
just I love it man. The team that I have
built you know when I get in a room with
these guys and we start talking
it's incredible what you what you can
build and what you can do and what
what's available and what what you can
accomplish. And Ari Emanuel, Ari is this
guy, you know, the ultimate all-time
super agent. You know, he came in and
did the deal for the UFC, got the WWE
and many, many other things and people
he's built in his lifetime. And he's the
guy that when I come up with something
creative and I call him and I'm like, I
need $30 million.
I want to do this.
He's like, I'll get you the money.
So, I've gotten to a point now where I
have all these people that are part of
my [ __ ] team. And when I come up with
something, we all get together and then
we make it [ __ ] happen.
>> Is there a destination in your mind?
>> No.
>> There's no destination.
>> Bigger, bigger, bigger, bigger, bigger,
bigger, bigger.
>> And then what?
>> Right. Well, think about this. Then I
die.
Then I die.
Who gives a [ __ ] Right? It's just I
can't picture myself like, hey, I made a
bunch of money. I'm going to [ __ ]
retire and do what?
And do what? You know, I I probably take
four, not this year. I'm [ __ ] this
year, but I'd take four great vacations
a year, right? And and if my wife had
her way, it'd be 15 days. But I, you
know, we're we're her and I are battling
over over a vacation this year. But I
couldn't imagine by the time I'm done
with my vacation, I can't wait to get
back to work. I'm so excited to get back
to work. And
>> do we have vacations?
>> Yeah. Yeah. It takes me a couple days,
right? I mean, anybody who who who runs
a big business and and understands this.
You get there and and you're shaking off
the [ __ ] that's going on, all this
stuff, and then by like day three, I'm
in. You know, I enjoy myself. I enjoy
hanging out with my kids. And then by
the end, I'm back on the phone going,
"I'm coming home. Everybody get [ __ ]
ready. I'm coming home."
>> One of the things that is obvious
speaking to you is that self-awareness
really um is the advice that you've
you've sort of given today because
>> I imagine a lot of people wouldn't like
your life. They would find it miserable.
Whereas you find it so exciting. And I
think that's true. It's a really
important point of nuance when we have
these conversations, which is you're not
necessarily saying from what I hear that
everybody should have your life. You're
saying just like be aware of like who
you are and this is who you are and
you're just giving it everything to what
who you are.
>> Yep. And even when we hire at the UFC
like the woman on the other side of this
wall right here, Len Breenidge, animal
and brilliant and and just [ __ ] I
have so much respect for her. Then I got
Craig Borsari. I I I I got Hunter
Campbell. I I have all these guys that
that that work for me and they are all
killers, right? Then you go and there's
people that come in and they work 9 to5
and they it takes all types. I'm not
looking for 650 [ __ ] killers,
>> but the ones that work close to you.
>> Yes. They need to be close.
>> You can't be within a [ __ ] a mile of
me if you're not a [ __ ] killer. Yes.
>> But it takes all types. And and and I
and like you said, I'm not saying my
life is the life for everybody. It's the
furthest thing from it. So that's why I
say some of these kids that think they
want to be entrepreneurs, they don't
know what it really takes. And
there's plenty of guys who have been
entrepreneurs and made that, you know,
the kids call it the bag. They made the
bag and they [ __ ] run and they that's
it. It's a wrap and they they go do
other things that they they want to do.
But the but this beautiful thing, so I'm
a big motorcycle guy, right? And
I remember I always used to say when I
get to a certain point I'm going to get
my buddies together and my cousins and
we're just go on these incredible rides
all around the United States. And then I
started getting older. I'm like [ __ ]
I'm in my 40s. When do I think I'm going
to do this? So every year I don't give a
[ __ ] I carve out and we go to a
destination and we [ __ ] ride
motorcycles. Now, everybody that I've
known once they get to a certain age,
when I say men start to get softer when
they get old, they feel like they can't
handle the bikes anymore, right? And and
they stop riding.
If and when I get to that point, I don't
know if that will happen to me, but if
it does, I own like 30 [ __ ]
motorcycles. I'm going to ship them all
to Italy. Like, if this is Italy, I'm
going to ship them to the top of Italy.
I'm going to have a truck have all my
bikes in it and I'm going to ride them
all the way down to the Amalfi Coast and
then I'll just leave the keys in them
and leave them on the side of the
[ __ ] road in Italy. I'll leave them
all there. That's going to be my last
[ __ ] ride of my life.
>> Send me a text when you do that and I'll
be I'll be waiting down.
>> Yeah.
>> Dana, we have a closing tradition on
this podcast where the last guest leaves
a question for the next not knowing who
they're leaving it for. The question
left for you is, if you could only
complete one more major goal, what would
it be and why?
>> I've already built
the biggest
fight brand to ever exist, you know. Um,
now I'm getting into boxing. I got Power
Slap.
My goal over the next, it's a seven-year
goal because I have seven years in my
Paramount deal. Mhm.
to build the biggest combat sports brand
that is I already did, but to a level
that that it just can't be replicated
again. It's just like when I'm dead,
it's going to be impossible to beat what
I've built by the time my life is up.
>> Speaking of haters, there's a lot of
people saying that you can't do it in
boxing. It's different. I've heard them
all say, "This is 150 years old. You
can't do what you did in UFC in boxing."
>> How about power slam?
>> Yeah. Right. I mean, you want to see
something that people think doesn't work
and isn't right and isn't possible. But
again, that that's that's I love it.
That's all the fuel that I love hearing
that and people telling me what you
can't do. And everybody who's watching
this right now is going to deal with
some level of people telling you what
you can't do and what's impossible.
Nothing is impossible. And literally
at UFC headquarters, the only thing you
can't say is no.
I don't accept. No, don't tell me this
can't happen. You know, on Craig Bor
again, I dropped Tom Brady hit me up and
says, "Hey, I'm in town. You want to go
to YouTube?" I'm like, "You where's
you?" The sphere there first. I went to
the sphere and I saw it and I was like,
"Holy [ __ ] the star of this show is a
sphere."
I called, "We're sorry." I said, "I
don't know what you're doing next
weekend, but cancel it. You and the crew
are coming to the YouTube concert. Come.
I want to do this." And we did it. The
president leans over to me and says, "We
should do a fight at the White House."
>> Yes, sir. I agree. We should do a fight
at the White House. And then now Craig
Borsari came to me with his own idea
that I think is [ __ ] brilliant, and
I'm working on that one now. But we
don't say no at the UFC, it just we we
always whatever people think is
impossible and can't be done. Not only
will we do it, we'll do it at the level
that just blows people's minds. Why will
you win at boxing? First of all, boxing
was my first love,
>> and I knew the sport was broken. And as
it started to decline, and I I just I
know how to fix it, I I I know what to
do.
>> You and I got to get together again in
like 5 years and talk about boxing
again. And and watch what we do. Watch
what we do over the next five years. I
mean, I'm already two years ahead of
where I thought I would be because this
the the guys that are doing it right now
are just so bad at doing it. And I
should have known that going in. But,
you know, I I I give everybody the
benefit of the doubt. And I don't look
at anybody and say, "Uh, oh yeah, let's
not take this guy serious." I take
everybody serious and and I love to
compete. And if you say you want to
compete with me, I look at competing as
a fight. Are you talking about Eddie
Hearn?
>> Talk about all of them. Every one of
them. Eddie Hearn is weak. I'm I'm Eddie
Hearn his dad built that business. His
dad's a real guy. Like his dad's as As I
get deeper into this thing, his dad is
the His dad is the guy. And I see it in
Frank Warren. Frank Warren just came out
recently. He he hasn't talked any [ __ ]
He hasn't said anything, you know? He's
He's been completely silent through this
thing. He said, and I just saw an
interview with him the other day. Frank
Warren is like a Frank Warren's the real
guy. Eddie's Eddie's not the guy.
Eddie's dad is the guy. And I'm not
saying this to [ __ ] on Eddie. I'm just
being honest. And I And I don't dislike
Eddie. I don't dislike him. Um but he's
not the guy. His dad's the guy. And
Frank Warren. Frank Warren. I just saw
this interview with him and I was like
[ __ ] love it.
>> Why make He's just like, you know what?
All this [ __ ] talking and all this
[ __ ] [ __ ] Let's [ __ ] fight.
Let's start. You know, he's like and I'm
like, "Yeah, that's a guy." And a few
other things that I've seen with Frank
Warren. Frank Warren's like a [ __ ]
real guy. Eddie Hun's work rate is
impressive. I just remember seeing him
one day in New York and I remember him
standing there for like six, seven hours
with the media just doing like every
single blog and going, "What the [ __ ] is
he doing?" He just did every on this
rooftop in the in the
>> He's responding to every little [ __ ]
thing that's going on. And it's just
like the the truth is
nobody's done more to try to hurt the AJ
Fury fight than Eddie Hearn. It's like
he's he's I don't know. May I hope AJ
owns a piece of Matt Room. Eddie Hearn's
dad is Barry Hearn's a real [ __ ] guy.
He's the guy. and uh Frank Warren, these
old school [ __ ] hard dudes that, you
know, when I when I see them talk, yeah,
I get it. I I I see through all the
[ __ ] and I know who's who and what's
what. Having interviewed both of you,
what I find exciting is you're both
absolutely relentless. And um so there's
it's funny cuz there's the fight
business and then there's this other
fight business going on above the fight
business, which I think is quite
interesting as a fight fan. Um Dana,
thank you so much for being so generous
with your time. I've been a fan of the
obviously for the longest longest ever
time and it's remarkable what you've
done and so it's super inspiring for me
as an entrepreneur but also yeah you
expand the paradigm of what is possible.
So thank you so much for taking the time
and giving me this privilege.
>> Wait to see what we do in the next seven
years.
>> I can't wait.
>> Me too.
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