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    Podcast 13 min read

    How to Close Clients as the Underdog w/ Chris Do

    with Chris Do

    Chris Do shows how underdogs win client pitches by changing what buyers ask before choosing a partner.

    Chris Do

    Chris Do

    Founder, The Futur™ · June 24, 2026

    The strongest competitor in a pitch can still be the wrong choice. The problem for the underdog is getting the buyer to notice. Podcast guest Chris Do approaches that problem as someone who advises others on winning business, including a friend repeatedly losing work to a cheaper rival. His perspective matters because the conversation connects a cinematic negotiation with a specific sales intervention he says helped that friend secure a client at twice the competing price.

    The thread connecting those stories is not a better presentation. It is a better comparison.

    The contest is decided before the pitch

    For a smaller provider, the apparent facts can look conclusive. A competitor has a bigger team, more experience, and stronger work. If the client treats those advantages as the only relevant measures, the underdog enters a contest already arranged around someone else's strengths.

    Do does not recommend pretending those strengths are imaginary. His argument is more uncomfortable: a seller has to examine what those strengths mean for this particular buyer. The same characteristic that attracts one client can create a problem for another.

    That distinction anchors his reading of Air, the film used throughout the conversation. In the scenes he examines, Matt Damon's character, Nike scout Sonny Vaccaro, tries to secure a meeting with Michael Jordan and his mother while Adidas and Converse occupy the preferred positions. Nike is not simply trying to win the presentation. It is trying to become worth hearing.

    The scenes are a dramatization, not documentary evidence of every exchange in Jordan's negotiations. Their usefulness here lies in the sales logic Do identifies: the outsider changes the terms of consideration before receiving permission to compete.

    The first sale is permission to be considered.

    Vaccaro offers a conditional proposition. He will predict the rival meetings. If those predictions are wrong, the family need not meet with Nike. If they are right, Nike gets a chance.

    That is a smaller request than asking the family to abandon its preferences. It also puts the claim at risk of being disproved. Rather than demanding trust outright, the character asks the buyer to compare his account with what happens next.

    The distinction matters because an underdog's enthusiasm does not automatically create a reason to reconsider. Every bidder wants the work. Wanting it more is not the same as helping the client understand the decision more clearly.

    Do's reading concentrates on three obstacles established in the scenes:

    • Converse has an impressive roster that makes its offer look credible.
    • Adidas is already Michael's preferred choice.
    • Nike has not yet earned a place in the family's meetings.

    Those are different problems. One concerns status, another preference, and the third access. A generic claim of superior commitment would leave each largely untouched.

    Instead, Vaccaro offers questions that can travel with the buyer into rooms where he will not be present. The pitch continues without the pitcher. The family can test the competing offers using a concern Nike has made newly visible.

    This is where the approach becomes both powerful and ethically demanding. Shaping a buyer's attention can clarify a decision, or distort it. Do describes the tactic in aggressive terms, including exploiting weaknesses. Its defensible version requires those weaknesses to concern the work or relationship the buyer actually needs.

    A seller who cannot win on scale still needs a substantive basis for winning. Otherwise, changing the comparison is merely changing the subject.

    The underdog's opportunity begins when the established comparison leaves something important out.

    A famous roster can become a crowded room

    The Converse sequence turns an apparent asset into a question about priority. The company can point to established basketball stars. In the scene, its representatives treat that company as the attraction: Jordan can join players already associated with greatness.

    Vaccaro prepares the family to hear the same offer differently. What looks like prestigious company can also look like limited room to stand out. Do singles out the question that changes the conversation: “How is Michael going to stand out?”

    The question does not require denying the roster's quality. It asks whether that quality answers the family's actual concern. Association with great players and a distinct identity for a new player are related benefits, but they are not interchangeable.

    A competitor's strength is not automatically the client's advantage.

    This is a sharper argument than claiming a large company does not care. The scene tests how its existing commitments affect its proposed treatment of a new athlete. The burden shifts from displaying names to explaining a place for Michael among them.

    Do also notices Vaccaro's predictions about the meeting's surface details: clothing, accessories, and rehearsed language. If those predictions come true, the presentation can begin to feel formulaic. The family has been prepared to recognize a pattern rather than simply receive an impressive performance.

    But the substantive question does the heavier work. Matching a predicted tie color does not establish that a company will neglect a client. An inadequate answer about differentiation is more relevant. The useful lesson is not to ridicule the competitor's appearance; it is to make the buyer's concern difficult to evade.

    The Adidas sequence follows a different route. Vaccaro acknowledges the attraction before directing attention toward decision-making. Instead of arguing that Michael's preferred shoes are undesirable, he prepares the family to ask who runs the company.

    In the film scene, the response reveals uncertainty among the representatives. Do reads that uncertainty as a warning about the relationship ahead. If the buyer cannot identify who has the final say, future decisions can become harder to navigate.

    That is an argument about authority, not nationality. A company's country of origin does not establish how well it will understand a client. The observable issue in the scene is whether its people can clearly explain responsibility.

    The two meetings therefore expose different tradeoffs:

    • Prestige versus individual priority. A celebrated roster still needs an answer about how a new athlete will stand apart.
    • Preference versus decision clarity. An attractive product does not answer who will make consequential decisions.

    Neither tradeoff proves that the larger business is the wrong choice. Each gives the buyer something meaningful to investigate before deciding that familiarity or reputation is sufficient.

    For creative businesses, the distinction also separates making persuasive work from making a persuasive business case. That broader transition is the subject signaled by The Futur's Moving from Makers to Entrepreneurs. Here, the business case rests on translating an organizational characteristic into a consequence the buyer cares about.

    The seller is not asking the client to admire smallness. The seller is asking the client to examine fit.

    The question eventually comes back

    A seller who supplies difficult questions for competitors should expect a difficult question in return. The scene makes that reversal explicit when Jordan's mother asks Vaccaro what she should ask him.

    For Do, this is not an incidental exchange. It is the point at which the underdog must stop analyzing everyone else and explain his own presence. Criticism has created an opening, but criticism alone cannot fill it.

    Vaccaro directs her toward his decision to come to Wilmington, North Carolina. Do interprets the response as an appeal to her judgment. The character recognizes her belief in Michael and presents his own conviction as aligned with it.

    The contrast is between reciting a company's assets and understanding the person deciding what those assets are worth. Vaccaro has identified the mother as the decisive figure in this exchange. His argument is addressed to her concern for her son's future, not merely to Nike's desire for an endorsement.

    “Try to isolate who really has the power,” Do says.

    That instruction needs its companion, which he also supplies: hear everybody. Identifying authority is not a license to dismiss the other people involved. It is a way of avoiding a pitch that receives polite attention from the room but never addresses the person who can approve the decision.

    The scene makes attention consequential. Vaccaro does not treat the mother as an obstacle between himself and the athlete. He treats her assessment as central to the agreement he wants.

    In a sales conversation, that changes what listening is for. It is not just collecting details to repeat later. It is finding the concern that will govern the decision, then showing how the proposed relationship answers it.

    The relationship between attention and selling is also reflected in The Futur's The Skill You Need To Win Clients That No One Talks About. The specific lesson here is narrower: a strong argument still needs the correct audience inside the buying group.

    There is a corresponding limit to the underdog strategy. The seller cannot hold competitors to a standard and exempt the seller's own offer from examination. Any claim of greater attention, clearer authority, or better fit needs an answer beyond personal sincerity.

    The film gives that answer dramatic form through Vaccaro's visit and conviction. A creative provider needs evidence appropriate to the service being sold. The conversation's next story turns precisely on that difference between persuasive language and demonstrated capability.

    Before that shift, however, the reversal establishes an important discipline. Questions about competitors create reciprocal obligations. A seller who asks how another firm will distinguish the client should be able to explain how the seller will do it.

    A seller who raises confusion about decision-making should be able to clarify responsibility on the seller's own side.

    Without that reciprocity, the strategy becomes an asymmetrical interrogation: everyone else must prove the offer, while the underdog asks to be believed. The stronger version welcomes comparison because the seller is prepared to meet the same test.

    Opening the door is not the same as earning the contract.

    The cheaper rival has to show the work

    Do's story about his friend Carrie removes the cinematic scale without changing the central problem. She tells him that another provider offers similar services, uses similar language, and charges less than half her price. Carrie keeps stating her fee and losing the prospect.

    The account is Do's recollection, not an independently documented case study. He says Carrie later reported winning a client after following his advice. Its value is the specificity of the intervention, not a promise that the same words will produce the same result everywhere.

    He begins by asking whether the competing provider can deliver the work Carrie can deliver. Carrie says no. Do then asks what questions would allow the client to distinguish real capability from borrowed language.

    She does not have an answer ready.

    That gap is the problem. Carrie believes there is a meaningful difference between the offers, but the prospect has not been given a reliable way to see it. From the buyer's position, similar claims paired with different prices can make the cheaper option look sensible.

    Make the comparison about demonstrated capability.

    Do's proposed approach begins with acknowledging the buyer's alternatives. Carrie should ask where she falls in the sequence of providers being considered and express a preference for being last. She should also state that her price will be twice another provider's.

    Then comes the test: when a provider promises branding, design, and strategy, ask for examples that make the buyer confident the provider can perform that work.

    “Because lots of people say things, but they can't back them up,” Do says.

    The advice moves the buyer away from evaluating labels alone. Branding, design, and strategy are not evidence simply because someone puts them in a proposal. The relevant question is whether the provider can substantiate the promised capabilities.

    Several details distinguish the intervention from ordinary competitor criticism:

    • The buyer asks the other provider directly, rather than accepting Carrie's assessment.
    • The request concerns examples of the services being offered.
    • Carrie makes the price difference explicit before the final conversation.
    • A satisfactory answer from the competitor leaves the buyer free not to return.

    That last condition matters. The recommendation is not to keep inventing objections until the cheaper provider fails. It is to identify a consequential test and accept that a competitor who passes it can remain a valid choice.

    Do says Carrie called back a few days later to report that the prospect had signed at twice the competing price. In his account, the other provider could not answer the basic questions. The buyer returned with a reason to distinguish the offers beyond their fees.

    The pricing implication is not that expense proves expertise. It is that a premium becomes easier to assess when the promised difference is visible. The Futur's 99% Of Creatives Lose Money With These Pricing Mistakes offers a related pricing reference; Carrie's story locates the immediate issue in the comparison surrounding the price.

    The same fee can look arbitrary beside matching claims and justified beside a demonstrated difference. What changes is not the number. It is the buyer's understanding of what that number purchases.

    A price warning is not a value argument

    There are two distinct moves inside Do's advice to Carrie. One establishes an evidence standard. The other prepares the prospect for a higher price. Combining them matters because neither can substitute for the other.

    A seller who announces a premium without demonstrating a difference has merely given advance notice of being expensive. A seller who demonstrates a difference but conceals the likely price until the end can still create a jarring final conversation.

    A premium should arrive before the proposal does.

    In Do's account, the early disclosure means the returning buyer already knows what to expect. Carrie is not relying on a final burst of persuasion to explain why her number exceeds the competitor's. The premium has been part of the decision from the beginning.

    Do describes this as priming the prospective buyer. His language suggests that the price becomes a cost of doing business rather than a barrier. The narrower, more defensible conclusion is that disclosure removes surprise; it does not create a budget or eliminate every objection.

    The prospect still has to decide that the difference is worth paying for. That is why the evidence request cannot be an accessory to the price warning. It supplies the reason the warning is more than an apology.

    The practical sequence in the story is straightforward, although Do does not present it as a named framework:

    • Ask where the conversation falls among the buyer's other meetings.
    • Request the final conversation if other providers remain under consideration.
    • Disclose that the fee will be substantially higher.
    • Give the buyer a relevant question to test the promised services.
    • Invite a return only if the competing answers are insufficient.

    Being last has a specific function here. It lets the prospect complete the comparison before returning to the higher-priced offer. The transcript does not establish a universal rule that the final bidder always wins.

    Nor does the story establish that every cheaper competitor lacks competence. Carrie's situation, as Do recounts it, depends on a claimed difference in delivery. Without that difference, the same approach could simply confirm that another provider is suitable at a lower price.

    This is the useful pressure the strategy puts on the seller. Before coaching the client to ask for proof, the seller has to know what proof the seller can provide. Otherwise, the comparison can expose the underdog as readily as the favorite.

    The advice also replaces a recurring reaction with a deliberate response. Carrie had been treating each lost pitch as another discouraging encounter with the same rival. Do pushes her to address the pattern before the next price conversation, rather than explain the loss afterward.

    That does not make every lost sale the seller's fault. It identifies the part of this situation the seller can change: whether the buyer understands how to evaluate the work being promised.

    The difficult preparation happens before the call. The seller needs a distinction that matters, a question that reveals it, and evidence that survives the same scrutiny. A higher price then becomes a decision the prospect can examine, not a surprise the seller must defend.

    The closing changes when the terms change

    The final Air scene shifts the negotiation from choosing a partner to defining compensation. Jordan's mother asks for a percentage of revenue from shoes bearing his name. Vaccaro responds with the familiar defense of an established arrangement: that is not how the business works.

    Her answer, as presented in the film, focuses on the source of meaning. Nike can make and market the shoe, but Michael has to perform at a level that makes his name valuable on it. If his contribution helps produce the demand, she argues, his compensation should reflect that contribution.

    Do's interest is not merely in persistence. It is in the refusal to let an existing practice settle a question about fairness and value. The negotiation moves away from what athletes customarily receive toward what this athlete is being asked to create.

    Question the terms, not only the amount.

    The mother's argument also has a defined scope. In the scene, she is not demanding a share of every Nike sale. She specifies the shoes with her son's name. That boundary connects the requested participation to the contribution she is defending.

    The counterargument about exposure receives equally direct treatment. Nike suggests that marketing Michael's likeness benefits him. She does not accept visibility as a complete answer to the value his performance and identity would bring to the product.

    For service businesses, the scene poses a more demanding question than how to increase a fee. It asks whether the proposed agreement reflects the value each side is expected to create. The transcript does not supply a universal royalty model for creative work, and the scene should not be stretched into one.

    It does, however, distinguish two negotiations that sellers often collapse together. One concerns the size of the payment. The other concerns the basis on which payment is calculated.

    Do also draws a lesson about concentration from Nike's commitment in the story. He contrasts putting resources behind one athlete with scattering them across many. His application is to businesses diluting their effort across too many offers, audiences, and problems.

    That observation returns the conversation to the underdog's original challenge. A focused offer gives the seller a clearer claim to defend. A collection of loosely connected promises gives the buyer more language to compare and less reason to recognize a distinct advantage.

    None of this requires importing the transcript's financial estimates or treating the film's exchanges as a verified historical record. The negotiation lesson stands on the arguments being examined: test the proposed relationship, identify the contribution, and make the requested terms answer to it.

    The final challenge is therefore directed as much at the seller as the buyer. Before another pitch, the underdog needs to know which competitor advantage creates a genuine tradeoff, which question exposes that tradeoff, and what evidence supports the alternative.

    Then the seller has to submit to the same questions. Clear authority. Demonstrated capability. An explainable premium. Terms connected to contribution.

    A weak competitor does not make a strong offer.

    The underdog earns the contract when the buyer can explain why the offer is right without the seller in the room.

    Have you ever found yourself in a pitch situation where you're the underdog, where you don't think you have any chance of winning it? Well, you need to watch this clip because I'm going to break down air the untold Michael Jordan story about how Nike got Michael Jordan to sign and become the biggest athlete of all time. The lessons that you can learn from watching these clips. But stick around to the very end because there's a clip that most people miss that's even more revolutionary, more profound than the first one. For context, the year is 1984. Michael Jordan is still a relatively unknown person. He's still a rookie, hasn't played in the NBA. And Matt Damon's character is a talent scout working for Phil Knight of the legendary Nike. And he wants to bet the entire fortune of the company on signing Michael Jordan as a featured athlete. He has to negotiate with Michael Jordan's mom. If you find yourself in a position where you're going to go up against bigger players, people who have a bigger team, more experience, better quality of work, you don't really stand much of a chance unless you can cast some doubt from the client's side. And the best thing you can do is think about their greatest weakness and exploit that and have your potential client focus all their energies on your competitors' weaknesses rather than their strengths. Watch how he flips it around. Come on back. Take a seat. Mr. Vaccaro, now you do understand that Michael's intention is to sign with Adidas with Congress as a second option. I do. And with respect, I think that's a mistake. I'll make a bet with you. I'll tell you exactly how those meetings are going to go. If I'm wrong, then don't take a meeting with Nike. But if I'm right, please consider that you and Michael come out. He's offering non -deal, right? If you think about it, they're not even interested in taking a meeting with Nike at this point. You don't need to meet with us if everyone else is cool. Only meet with us if they both suck. And so this is the beginning of the psychological operation. He's doing a PSYOP. This is Converse, by the way. John O 'Neill will have his hair gelled up. Bunch of them will be wearing red ties for the Bulls. John will have a Rolex for sure. Um. At this point, you don't need to meet with us if everyone else is cool. Only meet with us if they both suck. And so this is the beginning of the psychological operation. He's doing a PSYOP. This is Converse, by the way. John O 'Neill, he'll have his hair gelled up. Bunch of them will be wearing red ties for the Bulls. John will have a Rolex for sure. Now, I've seen a lot of basketball. But the feeling that I get when I see Michael, there's only a few other players who gave me that feeling. Now, when he's done, I'd love it if you would ask him a question. How's Michael going to stand out from these other players? How's he going to be different? So here he's going for a low blow. He tells them how they're going to dress. And it's almost predictable and laughable. And if this were to play out to be true, it almost seems like they're very cookie cutter and formulaic. And the last thing a mom wants for her son is to feel as if she's just part of an assembly line. The feeling I get when I see Michael play. There are only a few other players that gave me that feeling. And those players are here at Converse. It is that simple. Michael, we're going to treat you like our superstar before you even set foot on an NBA court. We're looking for a shoe that holds appeal beyond the basketball court. Well, what could hold more appeal than the shoe worn by the best players in the game? Everything, tradition, and history are paramount at Converse. You have an impressive roster. Best three players in the league in Magic Johnson, Larry Bird, Julius Irving. But another way of looking at this is that the best Michael will ever be with you is number four. Frankly, man, we're talking about Magic Johnson and Larry Bird here. He's going to play like them. He's going to be mentioned in the same sentence with them. What can be better than that? And they know they have the biggest athletes, the three biggest basketball players of the time. And they think that's a strength. And so he uses the strength against them and teaches her how to ask the question. So he tells her to ask them, how is Michael going to stand out? And it's going to catch them flat -footed. They're not going to expect that, so they won't know how to respond. It's going to make them look embarrassed. And so he's helping to create a friction point here that he's just one of them. What about Michael's meeting with... how to ask the question so he tells her to ask them how is Michael going to stand out and it's going to catch them flat -footed they're not going to expect that so they won't know how to respond it's going to make them look embarrassed and so he's helping to create a friction point here that he's just one of them what about Michael's meeting with Adidas Michael's top choice is Adidas hello Mrs. Jordan welcome you could just tell me okay sorry here's what they'll say we have the best shoes plain and simple all leather all the kids want to wear them they're not wrong I get why Michael wants to go there here's what you should ask them who's running your company I think four different people in that room are going to give you four different answers and that's the problem at Adidas right now and it's going to be a real headache for you for the next few years so now he has to take on the big dog which is Michael's favorite is Adidas which is hip with the kids I think mostly due to run DMC and hip -hop culture embracing Adidas as a cool brand so of course Michael wants to be cool he wants to be of the culture there aren't many areas in which they're weak they have the cool factor and they make all leather shoes so they have superior shoe craftsmanship the two things you can point out are the cultural difference between a German company you're an American I'm an American these are Germans maybe they don't understand us the way we understand each other so there's that cultural divide that they might experience there and the fact that they're run by a board there's four people who have a stake in the game four opinions they don't agree four heads are not greater than one so his question for us to ask them so who's really running this and this will exploit their weaknesses to welcome you in Germany and also thank you for making the excruciatingly long journey to come and see us yes thank you Michael you're the next generation you don't want to be grouped in with magic and bird you belong in our stable of athletes and I know this is a family business but who makes the final decision well unfortunately the family has suffered a tremendous loss Keita is calling the shots now yes that's right it is a collaborative so yeah but at the end of the process a man who needs the decision right now yes I yes but who makes the final decision? Well, unfortunately, the family has suffered a tremendous loss. Keita is calling the shots now. Yes, that's right. It is collaborative, so... Okay, so you can see there, so that when she's there, she's going to be extremely sensitive and observant to the fact that the four of them are not always speaking the same language. And he's saying it's going to be a headache for you. So now he's done everything he needs to do to create enough friction and pause, reservation, as to why these two frontliners are no longer the choice. So he has to be ready for the next part, which is this. What should I ask you? Ask me why I'm in Wilmington, North Carolina. I got to pause here. So then she's like, okay, you're so smart, Matt Damon. What question should I ask you? And then, of course, he's ready to answer this question, because if he sets up this thing where he's asked the two companies this question, naturally, he better figure out what question she's going to ask him and be able to respond. And the way he teaches her to ask this question is quite brilliant because he's setting himself up to do a slam dunk. Naturally, if you're going to create a lot of doubt and give your prospective client questions to ask each competitor, you have to be prepared that they're going to ask you, well, why, what should I be asking you? How are you weak? When she asks that question, she's fallen squarely into this trap because he set it up for this. So in a weird way, he's paying homage to the mom, which is very important, because he's identified her as a decision maker. Notice the father's not in the story at all. It's all about the mom. And so when you're in a room full of decision makers, try to isolate who really has the power. And you need to make sure not only do you hear everybody, but you pay careful attention to the one that's going to make the decision. So he plays right into her. And it's like, I believe you can see things that no one else can see. But I also see that as well. And so when you're in a room full of decision makers, try to isolate who really has the power and you need to make sure. Not only do you hear everybody, but you pay careful attention to the one that's going to make the decision. So he plays right into her and it's like, I believe you can see things that no one else can see, but I also see that as well. All right, Pastor Picaro, thank you for coming. Thank you. And that's how you win over somebody when you're the underdog. I'll tell you a real story. There's a friend of mine, her name is Carrie, and she called me one day, frustrated with life. I said, hey, what's wrong? She goes, you know what? I am tired of losing pitches to this girl. There's a girl who does what I do, says what I say, and she's doing it for less than half of what I'm charging. So every time I get on a call with a client, I'll mention my price and I guess it's too much and I just lose the client time and time again. I said, well, Carrie, if this happens to you once, that sucks. But if it happens to you more than once from the same person, whose fault is it really? You've not adequately addressed what's happening. So I said, here's what you want to do. And I asked her some questions. Does this person deliver on the work that you can do? She goes, no, she doesn't. She uses the language so it can fool clients. I said, well, what kind of questions would you ask the client to prove to them that you know what you're talking about versus them? Okay, so she didn't have an answer to this. So here's the exact thing I told her as best as my memory can recall. You can start the conversation like this. A lot of curiosity. I know you have lots of options to consider. What call am I for you today in terms of who you're considering? And if I'm not the last person, I would prefer to be last. And the reason why I say this is because I'm going to give you a price that's going to be twice as much as somebody else is going to say. And I don't want to start there. But I would love for you to ask whoever you're talking to this one question. When they tell you they can do branding, design, and strategy, ask them to show you examples and for you to feel confident that they can do this work for you. Because lots of people say things, but they can't back them up. And so she did exactly this. A couple days later, Care calls me back. He goes, Chris, I said everything you told me to say. And guess what? They called me back. They signed for the amount that was twice as much as what the other person was offering because that person could not answer those basic questions. So this is a real life example that very closely mirrors what you're seeing in air in that she's giving them tough questions to ask. what they called me back they signed for the amount that was twice as much as what the other person was offering because that person could not answer those basic questions so this is a real life example that very closely mirrors what you're seeing in air in that she's giving them tough questions to ask of her competitors and if they can't sufficiently answer it she says call me last but don't call me if you get a good answer because you don't need to why because i'll be twice as much so we're doing a lot of things here we're casting doubt legitimately so by the way it's not just throwing shade because people say things that they can't back up with real evidence but number two she's planting the seed that she's going to be twice as much so that when she says the price this time they have no excuse to say wow carrie that was a lot of money because she could say i told you it was a lot of money this is a great way to prime your prospective buyer so that they don't see price as a barrier anymore and they see it as just a cost of doing business or i promised you at the beginning you need to stick around for the second clip because i think this is some master for negotiations that has changed the game moving forward for everyone in the sports market all right let's check it out michael will get a percentage of the revenue of the sale of each shoe that is sold i'm sorry i don't like his shoes just the ones with his name on them oh uh mrs jordan so that's not how the business works at all i mean i i understand the assumption but that would disrupt the industry and they wouldn't pay um there's a whole other set of economics around this it's very complicated here well that's not his concern his concern is that in order for the shoe to be meaningful in order for young people many not have real means to want to go out and spend the money that they've worked all week two weeks at the mall for then michael has to create the meaning in that shoe his name is on that shoe yeah so actually we think that's a benefit to him because his likeness gets marketed by nike no his likeness his name is not in any way meaningful to nike unless he scores 40 points a night every night beats a king his work of the year makes all -star and all nba team you know it is the nba so these are the best of the best well he has to be better you don't get to be magic and michael cooper it's basketball but if he does it he deserves unless he scores 40 points a night, every night, beats Akeem as Worker of the Year, makes All -Star and All -NBA team. You know, it is the NBA, so these are the best of the best. Well, he has to be better. You don't get to be Magic and Michael Cooper. It's basketball. But if he does it, he deserves to be compensated. You eat, we eat. That's all he's asking. It's unfair to my son. It's unfair to people like you. Well, but every once in a while, someone comes along that's so extraordinary that it forces those reluctant to part with some of that wealth to do so not out of charity, but out of greed, because they are so very special. And even more rare, that person demands to be treated according to their worth because they understand what they are worth. Is it me who believes in Michael, his name? Or am I just a healthy reflection of who he is and what he believes about himself? Hmm? Isn't that why he came to my home? I love this stuff so much. I think we'd all be blessed if we had a tough black mom who negotiated on our behalf who believed 100 % in us and wasn't taking no guff from any person. This is where most innovations come from. Somebody who is fairly new in an industry, who isn't bought into the doctrine or dogma of how things are done, or someone who's completely an amateur and knows nothing about this. That's where the innovation comes from because she has the boldness to think differently. Not because she's a bold person per se, but because she doesn't know how things are done. Ultimately, he relents because she's persistent and she's not taking no for an answer, which is beautiful. It's the richest deal that any sports company has ever made. And at the same time, it's the cheapest deal they've ever made in terms of what they've gotten. So let me give you some stats. I looked this up. So they agreed to a deal that would pay Michael Jordan $500 ,000 a year for five years. So that's a $2 .5 million contract. It's more than what they paid any other athlete from any other company by 3X. They took their entire marketing budget for all basketball athlete endorsements and just gave it all to Michael. That's also a pretty revolutionary idea. I love this strategy so much because a lot of us commit this mistake. Rather than concentrating our effort into one thing, one niche, one offer, one problem we solve, one promotion, we have so many different offers to so many. bought athlete endorsements and just gave it all to Michael. That's also a pretty revolutionary idea. I love this strategy so much because a lot of us commit this mistake. Rather than concentrating our effort into one thing, one niche, one offer, one problem we solve, one promotion, we have so many different offers to so many different avatars that we dilute our power, right? So if you take that half a million dollars and you give 50 ,000 here and there, you can have 10 athletes that are all going to be mediocre, but there's only one Michael Jordan. By agreeing to do this one deal, they also pay Michael Jordan, first time ever it's happened, 5 % royalty in stocks and commissions on his shoes. And she clearly states in the video, it's not for all of Nike, it's just for the ones with my son's name on it, the Jordans. And they had anticipated in the first year, they would sell 3 million shoes. And in fact, they sold over a hundred million dollars with their shoes. So if he makes 5 % of that, that's a big number. So not only is he paid the most and he's taken up the entire Nike budget for basketball, he's also got a piece of the business. And to date, Forbes magazine has estimated Michael Jordan's endorsement deal with Nike has garnered him over 1 .3 billion dollars and he changed the game forever. To this day, having retired from basketball, sells four times more in terms of revenue in shoes than LeBron James does. That's staggering to me. As great as King James is, he's doing one quarter of the sales in terms of revenue than Michael Jordan is. Let me know in the comments who you believe is the greatest basketball player of all time. Is it Michael Jordan or LeBron James? If you enjoyed this series and you want us to do more like this, I enjoy making them. Let us know what show, season, and episode that you think is quite brilliant. Because quite honestly, we have limited resources. We can't go through every show and it's really down to the minute. If you say this clip, in fact, send us the clip, we'll watch it. Thanks very much, everybody. See you next time.
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