The following are highlights of a new Biz Journals interview with Hulk Hogan:
On three business lessons he’s learned: “Save your money, save your money and save your damn money.”
On the biggest accomplishment of his career: “My biggest accomplishment is staying relevant for 35 years because a lot of guys will be in this business for five years, 10 years, 20 years, but I had a really great run and had to stay relevant. I changed characters a few times and did reality TV and a bunch of different TV series. I never dreamed at 61 years young that I would still be here.”
On the biggest business challenge he’s faced and what he learned from it: “Making the transition from actually wrestling to trying to figure out how to generate revenue without physically getting in the ring. I had to figure out how to use my brand and exploit the 35 years of goodwill with the world and turn that into a money making machine. Once you wrestle main events for 30 years and all of a sudden it’s taken away from you because physically you can’t do it, reality sets in and you have to figure out how to reinvent yourself. I made that transition out of survival. I went through a crazy divorce, I had a huge $60 million civil suite from an accident and my body shut down on me for two years — I had nine back surgeries. I had to figure out how to take the brand, make it work and do stuff I wasn’t used to doing such as open other businesses and other ventures.”
Check out the complete interview at BizJournals.com.
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