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re: Is Magic Johnson one of the dumbest, most successful people of all time?
Posted on 5/21/19 at 3:45 pm to Mr Perfect
Posted on 5/21/19 at 3:45 pm to Mr Perfect
quote:
he surrounded himself with right ppl essentially through nepotism dude. never give magic credit ever
Who are these elusive people behind Magic Johnson? His people ( agents) declined a lucrative stock offer ofrom upstart Nike in the early 80's ( pre Jordan & Bo) which would have eventually made Magic a billionaire perhaps. Magic only earned $17/18 million dollars when he retired thanks to the elusive " people" mis guiding him & costing him maybe hundreds of Millions or more in Nike Stock.
Magic was disgusted ( still disgusted) & mostly dispensed with these peoples advice and built Magic J Enterprises from scratch by investing in urban/ inner city communities most businessmen ignored. Magic understood & believed in these communities & it paid off handsomely for him. He understood Blue Chip companies.
I'll wait on the names of these elusive people who built MJ Enterprises for Magic.
1
Posted on 5/21/19 at 5:01 pm to sugar71
quote:
sugar71
If you really think Magic did any legwork for his companies, then you very naive to the real world. When you are a star athlete in the media capital of the world networking opportunities are around every corner. Due to his fame, Magic met very rich and powerful people who wanted to be his friend. They in turn introduced him to advisors who came to him with opportunities backed up by marketing studies as well as financial investors. I doubt Magic ever even invested his own money. Magic, who is a media whore, claims it was all him, but that's a bunch of crap.
This post was edited on 5/21/19 at 6:51 pm
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