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via Getty

via Getty

Mike Tyson and Henry Cejudo recently chopped it up with Badou Jack and Amer Abdallah on the Hotboxin’ podcast.

Amer Abdallah pointed out that their team is trying to generate alternate revenue streams outside of boxing as well for Badou Jack. To this, Mike Tyson recommended that the former champion enter the podcasting domain, which could help him create an alternate sustainable income source. Abdallah highlighted that Badou Jack is not much of a “talker” and added that they also have a functional YouTube channel.

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To this, ‘Iron’ replied that Badou Jack must be willing to change things up in order to be successful in entrepreneurship.

When we talk about entrepreneurship, whatever he’s not, he has to be, when we’re talking about business”- on Badou Jack exploring other opportunities like podcasting, outside of boxing.

Read More: Mike Tyson Meets the Person Who Leaked His Phone Number Online

Life is about numbers. You’ve got a birth date and you’ve got a death date. In between, you got phone numbers, inmate numbers. Everything’s a number. Time’s a number,” said Mike Tyson.

Mike Tyson’s comeback story

After a decade of wild success from his fights, brand endorsements, and promotions, Mike Tyson filed for bankruptcy in 2003. His financial constraints forced him into fighting two more times through 2004 and 2005. While these fights did not generate huge paydays, they helped the youngest heavyweight champ settle debts and outstanding liabilities.

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However, Mike Tyson turned his financial condition around in the next few years. He engaged in brand endorsements, deals, and promotions to help him through his constraints. Apart from these, he made a major chunk of his money from Hollywood.

Tyson has acted in nearly twenty-six different movies like his own documentaries, ‘The Hangover’ trilogy, ‘Scary Movie 5’, and more. He even appeared on major TV shows and features like ‘Entourage’, and ‘Comedy Central: Roast of Charlie Sheen’.

Mike Tyson is a serial entrepreneur

In 2017, Mike Tyson announced the opening of a company called ‘Tyson Ranch’ that manufactures, promotes, and distributes cannabis products. This venture became wildly successful right from the get-go and Tyson now reportedly earns close to $1 million a month from it.

‘Iron’ is also still active inside the ring. After fighting Roy Jones Jr last year, he is now willing to continue putting up big PPV exhibition fights. Apart from this, he also has a wildly successful podcast that gets him several brand endorsement deals as well.

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Even at 55, Mike Tyson is a symbol of hope and inspiration to many. His love for the sport, commitment to his training, and knack for entrepreneurship have contributed to his achievements in life. This has also allowed ‘The Baddest Man on the Planet’ to become one of the most successful athletes ever.

Also Read: Mike Tyson’s Biggest Money Grabs Outside Boxing