When building an investment portfolio or adding insurance, it’s very important to understand all the details about your plan or policy. If your advisor is wanting to include something in your portfolio, they should have no problem explaining the value of it. That is if they truly know what they’re providing is best for you.

Huge announcement form the CDL! - Different formats - 12 total tournaments. - 6 Pro-Ams! - Challengers Opens at every event. - Middle East getting their own region. Depending on the reason, this is a step towards making the CDL more international. - Financially sustainable for 2 years in row. In whatever shape or form that is, don’t take that info lightly. Consistent financial sustainability is the best news you can hear from an esports league. This is a massive announcement for the comp scene. Can count on us to be at the NA events at the least.

One way I explain this to developers is that your first breakout game should (usually) be used as a financial buffer to get you to the second one. The second time you make it big, you can really do some planning to secure your career. It’s also the point where you can really expand your budget for your personal life and portfolio. Whether that’s slop or a passion project, find a way to get to that second breakthrough.

Well said here. When you’re a player or developer early into your career, it’s easy to think short term and take the highest salary vs the best environment around you. For the long term, you almost always benefit more financially by choosing the right opportunity vs the highest salary at the beginning. You see careers die overnight from a higher salary with an org that has no resources to build you up or extend your career. Look past the numbers💰

I have had people saying insane things to me on here for last 24 hours thinking I am @lanceopp. We are not the same person nor do we have any affiliation with each other. I did not make the movie PRIMETIME. I am a financial advisor not a movie producer. But if you need any help on the financial side I’m happy to have that conversation 🤣

I am in Dallas this weekend for Rocket League Words! RLCS has some of the best LAN events and I’m excited to see some friends and meet new ones. If you’re in town and want to meet up, send me a message! 🏎️⚽️

This is the clarity I was looking for on the new announcement of the Roblox wallet. Cool features and a huge step for the platform. But as we anticipated, it doesn’t look favorable for developers in terms of tax planning. As we get more info, we’ll look at the best options for creators to capitalize on it. The other part to question is “Funds sit with an unnamed financial partner at tier-one banks.” Certainly we’ll get the info on who specifically is holding the money right? Stuff like that is important know.

In San Jose for RDC! Always fun to see friends and meet new people in the community. If you want to meet up just send me a message #RDC26

Watching the blow up that Cam has had really makes me hope someone is helping him financially plan and secure his streaming career. Months like this can blind creators to think this is the way life is forever, but in reality the income streams are so volatile that you need a plan to how to make this work long term. Whenever one of my creators has a huge month, we emergency plan for how to handle it. There’s definitely room to have fun with your money, we just want to make sure you don’t tank out of your career.

It’s awesome to see creators like Apex opening up opportunities for other creators. I love the initiative to streamline a way for creators to connect with their local communities. Providing data for the creators and companies helps everyone grow if they know how to analyze it

With @EWC_EN going on, I like to acknowledge this each year: Some of you will walk away with hundreds of thousands, and some are guaranteed $10,000 just for qualifying for the event. My advice is always use your earnings to your advantage, it can be absolutely life changing. The income in esports is extremely volatile, so having a plan and taking advantage of larger prize pools could extend the length of your esports career. Find the balance of having fun and being smart with your earnings!

What OpTic has been able to put together these past few years has been incredible. This year alone was extremely competitive with 4 different winners of the events. In the end OpTic and Faze sit at the top after champs and EWC. It’s also important to acknowledge what having organizations like @gentlemates and @tBushGaming have done for the league as well. They both had a direct impact on viewership with the integration of international and sports fan viewership. It was a blast to be at Major 1, DreamHack and Champs this year to support the guys! Hopefully we can get to EWC next year. Excited for what’s to come with MW4🔥

If you look at the most successful orgs, they are all creating fan bases by pumping out content. Which is quite literally what barstool is built on. Dave brings up Robert Kraft buying the Boston Breach for $20 million and wanting sell to him for $1 million. Fair assumption on paper, but that was in 2020 where a bunch investors, who had no idea what they were doing in esports, starting valuing teams (who were barely profitable) as a $50 million dollar organization. They had no proper metrics to justify those values, so they then dumped a bunch of money into esports and wondered where their profit was a year later. Just a complete miscalculation. Esports is not ultra profitable now, but it’s found a better level where it can sustain. AND the trend of kids who are buying into video games/esports vs actual pro sports is shifting. Parents today literally pay coaches to make their kids to better at video games in hopes that they become a pro. Over time it’s going to create a cultural shift, and that shift could be in the next 5 years, so don’t be late for it.