Showing posts with label nfl. Show all posts
Showing posts with label nfl. Show all posts

Tuesday, February 24, 2026

NEW INC. MAGAZINE COLUMN BY HOWARD TULLMAN

 

3 Tips for Long-Term Success in an Instant Gratification World

A transactional mindset that focuses on immediate success rather than patience is leaking into every aspect of our lives.

EXPERT OPINION BY HOWARD TULLMAN, GENERAL MANAGING PARTNER, G2T3V AND CHICAGO HIGH TECH INVESTORS @HOWARDTULLMAN1

Feb 17, 2026

 

These days, we’re all afflicted with what I call hurry sickness, where everyone wants everything right now. Amazon’s not entirely to blame for this, although no single enterprise has done more to enable and encourage the demands of the world’s consumers for instant gratification. And one of the clearest messages  from Amazon’s aggressive actions and the continual raising of the delivery bar is that no other retailer (large or small) is immune from the pressure and necessity to respond and try to compete if they want to hang on to their customers. 

Price is always a consideration, but speed is now the name of the game. Today, most of us acknowledge that our time is scarcer and more valuable than our money in most mundane transactions. One Jeff Bezos quote that will live in infamy was the observation that “people don’t want to negotiate the price of things they buy every day.” He went on to make this theory the very heart of the Amazon pricing algorithms. What’s an extra buck or two if I can have it delivered this afternoon? Brand and quality are secondary considerations at best. Ease of access and convenience are critical.

In an environment where a million choices are just a click or two away, and where the expectations of buyers are perpetually progressive, it’s a “what have you done for me lately” world. Loyalty these days means nothing more than “I haven’t seen anything better—yet”. This transactional mindset—“what’s in it for me”—is leaking into every aspect of our lives.  

The most shameless advocate of this selfish and self-serving philosophy is the Great Grifter himself, for whom everything in life is about illegal shortcuts, cutting corners, reneging on promises and running one grift after another by taking advantage of someone. Trump is too corrupt to be salvageable, but thousands of student athletes whose lives are being turned upside down by the financial insanity of the NIL (name, image and likeness) market aren’t. Neither are the millions of young prospective entrepreneurs and new business builders who are being told that learning your craft, paying your dues, and waiting your turn are stupid strategies in today’s high-speed and hyper-competitive world.  

You don’t need to know much of the NIL details (which change every six months anyway) other than to know that since the NCAA changed the rules in 2021, student athletes can now sell and profit directly from their own name, image and likeness through all manner of cockamamie side deals, endorsements and promotional arrangements, and other behind the scenes funding scams which are now “legal,” if still shabby and hypocritical.  

Even more material changes in the ability of players to jump from school to school every year through the transfer portal without any eligibility penalties came along a few years later and, of course, everyone knows that both the quarterbacks in the college national championship football game (as well as the Heisman Trophy winner) were transfer students as were the quarterbacks in the prior year and those who will start for both teams in 2026. 
 
College ballplayers in multiple sports are being bribed by big donors and collectives with NIL dollars to jump ship, abandon their school and teammates, skip the learning curve spent sitting on the bench, and move to another program where they have a shot at being a starter whether they’re ready and mature enough for the challenge or not. Similarly, VCs and headhunters are frantically pitching second-tier talented A.I. techies at every major computer company to spin out, grab a couple of buddies, start their own businesses with Day One unicorn funding, and try to figure out how to spend hundreds of millions of dollars overnight. Many of these men and women have never run a Kool-Aid stand before or frankly managed a team of others.  

Just to be clear, most of the most visible NIL “winners” in the short term (with upfront payments of millions of dollars) are likely to find that the whole process is a double-edged sword and that the slightest hiccup in their super-hyped and expected performance will have them moved aside or dumped entirely (with their careers in the crapper) in favor of the next hot guy coming through the transfer portal. In the same way, hundreds of new A.I.-adjacent startups will implode and tank (without skid marks) because their founders were in such a rush and so far out over their skis that no one could pull off the miracle which they eagerly signed up for at the behest of the usual greedy VCs. 

There are a few common lessons and plenty of cautions here that apply across the board. Whether you’re a parent, peer, coach, counselor, prospective employer or just someone interested in the future mental and physical health of our kids, it’s essential to remind all these excited jocks, new business builders, and other up-and-comers of a few facts of life to accompany and hopefully help to offset all the sweet talk and  “tricks of the trade” that are being whispered in their ears – especially about their exceptional talent – by people who see them as nothing more than their latest meal ticket.  

First, you can’t succeed in the long run by relying on your talent alone, even if it’s extraordinary. Great competitors in any field will tell you that failing along the way (especially early in their careers) is what taught them that it takes more than raw ability to succeed. Failure is a better teacher than success. When someone does something really well and gets praised for it, very often they don’t learn anything new for a long time. But failure can make them confront what they have been doing wrong and drive them to new learning. Talent combined with education and mental agility is what wins. Great quarterbacks aren’t just stronger and more skilled than the others, they’re much smarter and more analytical as well. Fernando Mendoza can fling it a mile, but it’s his powerful pre-snap recognition that makes him a winner and a Number 1 draft. 

Second, talent takes some time to temper and season along with good coaching and mentoring. Managing and overcoming the inevitable bumps in the road that you face in the early years builds mental strength, character and persistence. Winning takes talent, winning repeatedly takes character. Without some grit, maturity and patience, you end up being too fragile to succeed instead of being resilient. Resilience turns out to be at least as critical as talent, and the combination creates the ability to keep going in the face of defeat. Before you “roll your own,” it’s essential that you learn from others and spend some time as a role player. Waiting and watching pays big dividends down the line as you discover that you didn’t know what you didn’t know. 

If you try to jump and grab the brass ring too soon, you may quickly end up empty handed. 

Third, it turns out that the most talented professionals just happen to be among the very hardest workers as well. They’re constantly building on their base and they’re absolutely willing to work harder than anyone else and it shows. Carlos Alcaraz just won the Australian Open and became the youngest man in tennis history to complete the Grand Slam. Amid all the compliments about his natural ability and talent, he was careful to point out that “Nobody knows how hard I have been working” to improve his serve and other key aspects of his game.  

Finally, there’s a lot to be said – even in these sad days – for loyalty and for focusing on the here and now rather than on what’s next. Temptations are everywhere. Plenty of folks will tell you that you’ve got to seize the moment and move on. But, as one NFL player recently told me about dealing with all the tantalizing offers and greener grass, his mantra was to “be where his feet were,” keep his head down and on the ball, not worry about what other guys were saying or doing, and rely on his own abilities and performance to make his way forward. He didn’t need to look elsewhere for his satisfaction or success. Success usually comes to those who are too busy to be looking for it. 

Tuesday, August 13, 2024

NEW INC. MAGAZINE COLUMN BY HOWARD TULLMAN

 

Why Amazon and Netflix Made a Big Play for Sports

They're not sports companies by any means. But the smartest companies learn fast where their customers are heading and meet them there, with the right products to sell them. 

Expert Opinion By Howard Tullman, General managing partner, G2T3V and Chicago High Tech Investors @howardtullman1

Aug 13, 2024

 

The smartest players who are now winning in major markets are those whose primary advantage is learning faster than their competition--learning faster about the state of their marketplaces and swiftly reacting in real time to the changes they uncover.

You can't be it if you can't see it. That's why learning to manage the often-overwhelming flow of new data now available and turning that flood into useful and actionable information is a critical skill set in the global digital economy. Two of the most crucial things that smart entrepreneurs are incorporating into their plans are: (a) how to better determine and define the shifting needs and desires of their target customers; and (b) knowing who, what and where they are actually competing against in order to attract, win and retain those customers. The idea is that there may be incremental and sometimes even larger openings readily available in spaces adjacent to your current verticals seems obvious, but it's often overlooked.  Companies often ignore the chance to "slide to the side".

 Surprisingly, in many cases, the losing laggards are those who don't quickly appreciate that the scope and scale of competition has expanded beyond their traditional competitors to include new players, new offerings, alternative consumer choices, and adjacent markets that are readily accessible -- merely a click away. They're also missing changes in demand that have almost nothing to do with their current products or services. Their typical reaction as their revenues and profits shrink is to double down and do more of the same rather than shift their approach and strategies to adapt to the new realities and take a much broader view of the landscape. Often, the main barrier to an effective response is the locked-in reluctance to change what they've always done and what has historically worked.

The changes we're seeing these days simply aren't the kind that you can wait out or wish away.  

As more and more foundational products become commoditized or tired, often through externalities like changing tastes or attitudes rather than any fault of the providers, the most exciting opportunities and accompanying profits move elsewhere in the value chain. It becomes necessary for viable competitors to identify those new locations and quickly develop brand extensions, responsive products, enhanced or expanded services, and new delivery channels to meet the customers' emerging needs and to deliver the goods when and where they're now at. You've got to be there when the buyer is ready to buy - the markets no longer wait for providers to catch up.

Of all things, kids' "clothing" offers a very interesting and telling example and a very challenging look forward for the major apparel manufacturers. Right now, tens of thousands of game-playing teenagers globally are spending more time and money in front of their screens styling, outfitting and branding their online gaming avatars than they are on their actual clothing. Swifties and sneaker heads are obvious exceptions to the rule, but suffice it to say that none of the major luxury or sports brands (including teams) can afford not to be an active presence in these growing virtual worlds.

This is not only because there are serious dollars to be made in the gaming space (where the New York Times makes more money than on advertising) by marketing and selling this digital stuff. But also because this is a powerful and compelling way to grab mindshare and establish brand identities in the heads of millions of future consumers who will eventually "graduate" into the real world.  

A more major and important shift is happening as billions of dollars are rapidly moving away from classic entertainment vehicles and network TV toward anything and everything that has to do with sports, gaming and gambling. There's no longer any urgency, novelty or FOMO associated with the latest mediocre sequel, newly-cast, oldie-but-goodie, or CG-stuffed action film filled with nobodies. For every crazy breakout like Deadpool & Wolverine, there are several dozen films that never even make it to a theatrical release because the studios and distributors decide not to waste the marketing dollars on films that no one wants to see.

Sports remain a real-time offering while consumers worldwide have become convinced (in part because the industry itself has sold them on the idea) that there's nothing on television or in the movie theatres that you won't be able to see on your own device in the very near future. NBC's amazing efforts to completely slice, dice and fractionalize the Olympics and make everything available all day, in every way, and over every channel was a clear glimpse of the future of the on-demand streaming world. But the Olympics only happen every couple of years. F1 racing has become a must-have for corporate sponsors chasing tech bros and European soccer continues to explode as well, but these will simply be additional content generators which will further replace and displace traditional entertainment fare.

Amazon spent more than $1 billion to stream Thursday night NFL games. It certainly wasn't lost on them that in a typical, three-hour NFL game, the actual playing time is around 11 minutes. While Amazon is one of the few tech companies also still spending big on new entertainment series because of the power of the Prime package, we're seeing other large players like Netflix also spending vast amounts to make multi-year commitments to carry NFL games.  Even fake sports are hot: Netflix also agreed to pay about $5 billion for the rights to WWE wrestling.

It's a fairly fundamental calculation - you've got to go where the fans, and the eyeballs, are spending their time. As Coach Walz would surely say: fish where the fish are.

           

 

 

Total Pageviews

GOOGLE ANALYTICS

Blog Archive