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HerMoney with Jean Chatzky

Ep 213: CEO of Barstool Sports, Erika Nardini, On Startups, Success And Life In The C-Suite

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 13 May 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Barstool sports now boasts 66 million monthly users and annual revenue of $100 million. Erika Nardini is the woman who took them to the top. She discusses her work ethic and drive, her journey to the helm of Barstool, and what it's like to work alongside its founder, Dave Portnoy. She dives into the allegations that she’s a “token” female CEO, and what goes into the “secret sauce” that makes their podcasts so popular. She also talks about her time in competitive sports. In Mailbag, questions on co-signing loans, best budgeting apps, and retirement asset allocation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an Airwave Media Podcast.

0:06.0

We didn't know what was next.

0:08.0

We just started.

0:09.0

And my feeling was we surely just need to start things.

0:12.0

Like we need to take the first step and then the

0:13.9

first step became the second step and we beat the five-year goals for the company

0:19.7

in basically 16 months so So we knew right away that we were on to something.

0:27.4

And it's just sit in savings.

0:41.0

Learn how to make your money work as hard as you do at Fidelity.com

0:44.1

slash demand more. Her money comes to you from PRX.

0:50.0

So regular listeners to this podcast know I am a bit of a numbers junkie and to kick off this episode I have just a few numbers to toss out there for you. 201 employees. 66 million monthly

1:07.9

users. 12 million podcast listeners. Annual revenue approaching a hundred million. Those are just

1:16.2

a few of the impressive numbers being posted by Barstool Sports, the world's

1:21.6

fastest growing media brand, which is helmed by today's very special guest,

1:27.2

Erica Nardini, in just three and a half years as CEO, she has grown the company from just 15 employees to what it is today.

1:36.6

She's also launched 35 new brands within the company, which is now the world's largest sports podcast publisher and the third most engaged

1:47.0

sports publisher on all of social media. Very impressive.

1:51.0

Thank you.

1:52.0

Erica, thanks so much for coming in today.

1:54.0

Thanks for having me.

1:56.0

I am thrown by those numbers,

1:58.0

particularly since you just joined the company in 2016.

...

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