Ep. 76 - Who Is Joe Favorito, Author, Sports Broadcaster and Consultant to “Creed?” How To Become an Entrepreneur in Sports

In this episode of The Honest Field Guide podcast, host JinJa
Birkenbeuel engages in a dynamic conversation with sports
entrepreneur Joe Favorito. They explore the intersection of
sports, family dynamics, and entrepreneurship, discussing how
personal experiences shape perspectives on sports. The
conversation delves into the importance of showing up in the
business world, the evolving landscape of sports consumption
among youth, and the critical role of crisis communications in
sports management. Additionally, they touch on issues of
diversity and representation in sports, particularly in light of
recent discussions surrounding Title IX and its impact on funding
for youth sports. In this conversation, Joe Favorito discusses
the evolution of women's sports under Title IX, the complexities
of Name, Image, and Likeness (NIL) regulations, and the
challenges of funding for men's volleyball. He shares insights on
the lack of diversity in hockey and the cultural barriers that
exist, while also emphasizing the importance of storytelling in
sports management education at Columbia University. The
discussion highlights the engagement of today's students and
Joe's aspirations for future roles in sports management.


Takeaways


JinJa's journey into sports began later in life.

Family dynamics play a significant role in sports
involvement.

Entrepreneurship in sports requires adaptability and
storytelling.

Showing up is crucial for creating opportunities.

The future of sports consumption is changing with technology.

Crisis communications are essential in managing athlete
reputations.

Diversity and representation are vital for the growth of
women's sports.

Youth sports funding is often influenced by larger sports
dynamics.

The media landscape is evolving, but storytelling remains
constant.

Engagement in live sports is crucial for community building.
Title IX has significantly impacted women's sports opportunities.

NIL regulations have created both opportunities and
challenges for student-athletes.

Funding disparities exist in men's sports, influenced by
market demand.

Diversity in hockey remains a challenge due to cultural and
financial barriers.

Storytelling is a crucial skill for students in sports
management.

Today's students are more engaged and media-savvy than ever
before.

Cultural programs in sports can help increase diversity over
time.

The importance of finding a middle ground in NIL
compensation.

Joe Favorito emphasizes the need for effective storytelling
in sports careers.

Future aspirations include running a sports organization.