When Entrepreneur magazine came in the mail this time and landed on the bench in the front hall, I felt compelled to read it. Compelled, like, drawn to. Like there was an article in there that was speaking from behind the cover that whisper-yelled: “Reeeead meeee”.
So I picked it up for my Sunday magazine read, and started with the cover story for Odell Beckham Jr. Not knowing who he is. The article promised a story on “the art of the perfect partnership.” That’s something I’ve been thinking a lot about, so I started there.
Wow. What a mind-cycle-breaker to read about how he and his partner and best friend, Ajay Sangha, came to be business partners. And how Ajay grew in the relationship, balanced by Odell.
Takeaways From The Business Partnership
The journalist and magazine’s Editor In Chief, Jason Feifer, pulled out a few secret ingredients to what has been making this business partnership work, that started in friendship. Here are a few:
- Fear: Ajay was afraid of failing Odell, from it seems like, the very beginning. It’s a fear that stays with him through the many investments they have done together. But Ajay is able to harness that fear, and let it fuel him. However, it is with Odell’s outlook on life that makes balancing this fear possible. Said Ajay after their latest large investment: “I mean, it’s not my money. It’s a lot of money, right? It’s a lot of fucking money. And it’s a venture investment. It could go down the drain. I didn’t sleep for a month and a half.”
On the other hand, Odell’s approach is this: “I’m okay with taking the risk in hopes that it pays off. And if it didn’t, I was going to beat him up and then we’d move on to the next one.”
- Burned For Kindness Being Weakness: When Odell, an NFL player, he had fun dancing and taking videos of him out having a good time. But he said that started to change when the videos began to be “used as a downfall.” When he was open and authentic, he felt it backfire, and viewed “Kindness is taken for weakness.” The reporter noted that Odell closed himself off, quoting Odell as saying: “It’s hard to live in a lens where I’m going to be judged for those moments.”
- Short Term vs Long Term: As an NFL player, Odell was living a short and fast life, with big money going in, and big money going out. He began to think about his mortality, his unpredictable career, and how to make his career more scalable.
- Looking Around: When Odell invited Ajay to live with him in his big football house (according to the article, this is common for celebrities to do who need their social life close and private to them), Ajay accepted and they started moving and grooving. When Odell approached Ajay about doing the business development stuff, Ajay immediately looked around to find out: “Who can I trust? Who can I learn from? Who is doing it right?”
- Calmness: From the article, you’ll learn that Ajay is constantly thinking of what can work, what needs to change in order to grow, and what is fulfilling to their business and their people. But - Odell brings Ajay back down to calmness. Eventually the two moved apart from each other, and this improved Ajay’s mental health. “It gives their relationship more of a rhythm. ‘When I visit, [Odell’s] like ‘Hey man, you’re here for the weekend. Stop thinking, stop talking, just relax, enjoy a beer.”
- Wisdom: Here is some wisdom Odell shared with the reporter, that he tells to friends who are struggling: “I’ve said this so many times - I’m like bro, just remember the other time where you thought you weren’t going to be able to keep going, and the worst fucking possible thing happened, and then you got over it. And then it happened again, and this one was worse than the last. And it’s like, you just have to know that it is going to happen. It is. And that’s kind of what you’re saying about a moment, not the moment. I don’t really know if there is the moment. There might be that once-in-a-lifetime thing, but I feel like if you’re waiting for that, you’re not being present, and you’re not living in a bunch of moments that are happening right in front of you.”
Go read the full article. Better: subscribe to the magazine in print so that you can experience it as a page-turner on paper.
