1:46:49Nick Cannon: How I ACCIDENTALLY Built A $1.3 Billion Business!
From The Diary Of A CEO · Published Jul 21, 2024 · Watch on YouTube
TL;DR
Nick Cannon describes how he accidentally built a $1.3 billion business from the TV show Wild ‘N Out, which he originally created to give his friends jobs. He traces his success to a relentless work ethic learned from Will Smith, the importance of owning his intellectual property, and a mindset of “doing it rather than trying it.
Key insights
- Wild ‘N Out started as a way to help friends like Kevin Hart pay rent, not as a deliberate billion-dollar venture.
- Cannon self-funded the pilot for Wild ‘N Out for roughly $100,000 of his own money, then owned the IP and copyright, giving him leverage in network negotiations.
- He learned from Will Smith that being the hardest worker in the room is more important than being the most talented.
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