Marcus Jordan, the son of NBA legend Michael Jordan, showed love to luxury media mogul Kamal Hotchandani on social media. Hotchandani was in conversation with Christopher Vasquez on his podcast "World Class w/ Chris Vasquez" and spoke about his journey to becoming a billionaire.
During the podcast, Hotchandani opened up about the inspiration he got from Tilman Fertitta. The owner of the Haute Media Group said that in 2019, he met with Fertitta, and how Fertitta compressed his time for his business that inspired him.
According to Hotchandani, within 15 minutes, Fertitta attended an event held by Hotchandani, launched his book, opened a Catch Steak outlet and then launched Michael Jordan’s Cincoro Tequila in 2019.
One of the people in the comment section giving Hotchandani his flowers was Marcus Jordan. The son of the Chicago Bulls legend commented on the post:
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“Love this.”
Hotchandani spoke about the idea of the American Dream that inspired him:
“I was always fascinated with the manifestation of the American Dream seeing how if you could visualize, put your mind and execute something [you can achieve it].”
Hotchandani also added that he wanted Haute Media to be the “Rolls-Royce” of media. Moreover, he also knew the impact of social media and celebrities on modern businesses.
Marcus Jordan revealed that his father Michael Jordan once rejected his Trophy Room business idea
Marcus Jordan has made his name in business. Despite being the son of a billionaire father, Marcus wanted to do something on his own. He started his sneaker business in 2016, but he still had his father to convince.
In a conversation with Joon Lee of Bleacher Report, Marcus said that MJ rejected his idea of "Trophy Room" and refused to fund his business idea in the beginning.
"No," MJ told his son. "You've never run a store before. You've never been in business before. Finish school first."
However, despite getting his idea rejected by his father, MJ’s son persevered and eventually got the funding from his father. Marcus said that the idea to start his business came to him from the original Trophy Room in his father’s house where every guest wanted to hang out.
“The first thing that came to mind was the trophy room in our house growing up and how that was a spot that everyone wanted to hang out in," Marcus said.
When it came to choosing where he wanted to set up his business, he chose Orlando. According to Marcus, unlike New York and Los Angeles, Orlando lacked players in the sneaker industry despite being a big market. Moreover, rather than just opening a sneaker store, he wanted customers to have an experience of buying sneakers.
Earlier this year on May 23, Marcus Jordan celebrated eight years of Trophy Room.