Opinions expressed by Entrepreneur contributors are their very own.
Shaun White, five-time Olympian and three-time Olympic gold medalist in half-pipe snowboarding, is greater than acquainted with winter sports activities. He is lived and breathed it for years. However there was all the time one factor lacking: Nobody was organizing or governing them.
That is the place White’s newest enterprise, THE SNOW LEAGUE, has been a game-changer for winter sports activities athletes. With a mission to deliver construction and pleasure to snowboarding and snowboarding, he efficiently accomplished his inaugural occasion in Aspen.
White’s entrepreneurial mindset got here from years as the most effective snowboarder on this planet, observing the advantages and issues with how excessive sports activities are organized. White’s enterprise acumen was cast on the half-pipe in addition to by athlete-entrepreneurs like Jake Burton and Tony Hawk. What they dropped at the instruments of his commerce, White would deliver to occasions.
Associated: 4 Insanely Simple however Ignored Ways to Advance Your Entrepreneurial Profession
The entrepreneur was all the time there
From his early days of dwelling in a van along with his household to make ends meet, White mirrored on how that have formed his view of success.
“However actually, I look again and people had been a few of the most enjoyable instances. I feel these experiences gave me a deeper appreciation for the place I’m now,” says White. “If I might had the most effective gear and all of the sources from day one, it in all probability would not have meant as a lot to me.”
As he gained ability after which began competing with the most effective snowboarders on this planet, he listened to the extra skilled athletes and heard about what made them profitable in addition to their struggles. A lot of them had contracts with manufacturers however had been all the time involved about not being renewed. He additionally observed that the one particular person not involved was Jake Burton, who owned his personal model.
One other affect was Tony Hawk, the world-famous skateboarder and proprietor of Birdhouse Skateboards. White recalled all the greatest skate boarders eager to be related to Hawk’s model, thought-about the most effective on this planet. However Hawk instructed White to not emulate another person, and as a substitute construct one thing himself that others would wish to emulate.
Associated: 3 Issues That’ll Make You a Grasp of Forming — and Retaining — Nice Habits
Picture Credit score: Mike Dawson
The issue others missed
Most of the greatest entrepreneurs search for gaps in a market, and White isn’t any exception. He noticed that there was no governing physique to arrange the game like an NHL, an F1 or a UFC. The snowboarding panorama was made up of random occasions scattered all through the season. The occasions that paid probably the most may not qualify an athlete for the Olympics, however they wanted these for the cash that might maintain their careers. Profitable occasions typically required costly journey, whereas different occasions that did not pay a lot really may qualify you for the Olympics, or meant extra to sponsors than to athletes due to TV viewership.
This fragmented nature meant that the game’s accolades did not coincide with an athlete’s achievements. White skilled this when he had an undefeated season.
“And I bought to the top of the season they usually’re (reporters) like, ‘Wonderful accomplishment, method to go! Nobody’s ever completed that earlier than!’ and I am so proud of myself, ‘…however how does it really feel to not be the world champion?’ I used to be like, what hoop did I not leap by to get that title?”
White’s reply to those issues is THE SNOW LEAGUE. He created a framework that included a qualifying and rating system, aggressive scheduling and the best prize purses ever supplied within the sport.
White’s credibility made it doable. He had the identical frustrations they skilled, and due to that end result, the undertaking was met with a optimistic response from athletes in addition to folks within the business.
Associated: 7 Issues to Add to Make Your Morning Routine Extra Productive
Constructing and executing
Since beginning THE SNOW LEAGUE, White has achieved some important milestones like securing NBC because the league’s broadcast companion. One other was signing Eileen Gu because the league’s world ambassador. Gu was the primary freestyle skier to win three gold medals in a single Winter Olympics in addition to being a multi-gold medal winner within the X Video games.
Assembling the suitable crew was the following step. White works carefully with two most important crew members, Ian Warda and Omer Atesman, who’re essential to reaching the league’s imaginative and prescient. White describes the insider information Warda brings to the crew.
“He is run the Burton U.S. opens and issues like that for years and years and years. So he actually is aware of the ins and outs of the way to run a snowboarding competitors. He will get the tradition,” says White. Atesman, the CEO, got here with beforehand current investor relationships and management expertise.
A cultural innovation White introduced into the league was equal pay for all athletes. White feels each women and men skiers and snowboarders take the identical dangers and obtain the identical outcomes, and will due to this fact get the identical compensation. The coverage additionally helps deepen the sphere of feminine athletes within the league.
The entrepreneurial philosophy
White makes use of a number of components to resolve whether or not a chance is price pursuing. First, he appears to be like on the product itself and decides if he likes it and if it is genuine to him, seeing if it appeals to the humorous, severe or aggressive aspect of his nature.
He appears to be like at different ventures by the lens of how concerned he needs to be within the undertaking. Excessive Cascade Snowboarding Camp in Mt. Hood, Oregon, a park the place White attended snowboard camps as a baby, impressed him to develop into an investor within the camp’s father or mother firm.
White additionally makes use of the backcountry as different executives use the golf course. He takes potential buyers on a snowboarding or snowboarding journey to indicate them his world, they usually get to expertise a departure from the everyday 18-hole enterprise negotiation.
These days, White does his greatest to provide again. He not too long ago appeared on the SoFi podcast Richer Lives to speak about constructing companies, negotiating contracts and extra.
For aspiring snowboarders, White has recommendation drawn from each a profitable snowboarding and enterprise profession.
“Put on your helmet. That is all the time the very first thing I say. After which — be taught as a lot as you may, particularly about your funds. Do not simply hand it off to another person and hope they deal with it proper,” says White. “Take the time to grasp the place your cash’s going, the way it’s working for you. The extra you understand, the higher off you will be in the long term.”
White has transitioned his measurement of private success from medals to intangibles. “At present I measure most of my success inside what’s occurring in my private life, with associates, with household. The issues that riches do not actually purchase you.”
However he additionally understands that a watch must be targeted on enterprise success as properly. “I really feel like so long as there’s simply regular progress, are we studying from errors? Are we making the identical errors as earlier than? So long as we’re studying and shifting ahead and rising, then I am fairly proud of every part.”
On the horizon
White has plans to extend the variety of occasions in THE SNOW LEAGUE with the addition of freestyle snowboarding. With a profitable Aspen occasion accomplished and a second scheduled for the top of 2025, there are LEAGUE occasions scheduled in each China and Switzerland for 2026. After that, White has plans to increase to the southern hemisphere with occasions in South America, New Zealand and Australia to make THE SNOW LEAGUE a really world tour.
Shaun White, five-time Olympian and three-time Olympic gold medalist in half-pipe snowboarding, is greater than acquainted with winter sports activities. He is lived and breathed it for years. However there was all the time one factor lacking: Nobody was organizing or governing them.
That is the place White’s newest enterprise, THE SNOW LEAGUE, has been a game-changer for winter sports activities athletes. With a mission to deliver construction and pleasure to snowboarding and snowboarding, he efficiently accomplished his inaugural occasion in Aspen.
White’s entrepreneurial mindset got here from years as the most effective snowboarder on this planet, observing the advantages and issues with how excessive sports activities are organized. White’s enterprise acumen was cast on the half-pipe in addition to by athlete-entrepreneurs like Jake Burton and Tony Hawk. What they dropped at the instruments of his commerce, White would deliver to occasions.
The remainder of this text is locked.
Be part of Entrepreneur+ at the moment for entry.
