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Millionaire Shaquille O’Neal Decodes How a Jeff Bezos Lesson Influenced His Business Strategy: “You Can’t Lie to the People”
Shaquille O’Neal is known for his basketball skills and has dominated the NBA for all of those years he played. A left a mark in the NBA like very few others have, and will always be remembered as one of the greatest to ever do it.
Despite his retirement from basketball, the big man has made a name for himself in business. His brand deals and investments have helped him to build his own empire and earn millions after retiring. The 15-time All-Star, four-time NBA champion, and Pro Basketball Hall of Famer always has an opinion, not only in basketball but in business, on how to achieve success.
During his recent visit to The Pivot Podcast, he shared some of his life stories and lessons he has learned. There were also some insights into his personal life. His life was briefly described in the interview.
He talked about his divorce, his relationship with Penny Hardaway, and Kobe Bryant. Also, he admitted to having regrets in the past. During that interview, O’Neal explains how Jeff Bezos’s lesson affected his business strategy.
Shaquille O’Neal explained how he made his empire by following a simple rule
In the years following his exit from the court, Shaq became an active investor in the business world. In the process, he made many endorsements and brand deals and even established his own companies.
From home security technology and food to real estate and Esports, he has covered it all in the business world. During the interview, he shared a quote by Jeff Bezos that influenced him to do well in business and become successful.
AUSTIN, TX – OCTOBER 14: Shaquille O’Neal Behind the Scenes of American Express Stage at Austin City Limits Festival on October 14, 2018 in Austin, Texas. (Photo by Rick Kern/Getty Images for American Express)
Shaq said: “A lot of business things that I get into if I don’t believe in your business I won’t do it.” He then told a story about how he refused to take money because he did not like the product. He just couldn’t lie to people.
Afterward, he shared Bezos’ lesson mentioning: “If you invest in things that are going to change people’s lives, it’s a win-win situation.”
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Shaq knows how to run a business and has been doing it for quite some time. He has a net worth of $400 million in 2022, which is excellent from a business standpoint. Tell us what you think in the comments below.
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