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The Playbook With David Meltzer

From $0 to NBA Owner: Vivek Ranadivé's Unbelievable Rise to the Top

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 26 November 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

In today’s episode, I speak with Vivek Ranadivé, owner and chairman of the Sacramento Kings, entrepreneur, and visionary behind Bow Capital. Vivek shares his incredible journey from arriving in America with $50 in his pocket to becoming a leader in technology and professional sports. He reflects on how his fascination with innovation and teamwork helped him turn dreams into reality, from studying at MIT to reshaping basketball culture. Vivek explains his approach to leadership as a “jazz band conductor,” fostering creativity and collaboration, and the philosophy that pushing boundaries leads to success.

Transcript

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0:00.0

Welcome back to Office Hours. I'm David Meltzer and I have Vivek Rondaevae here.

0:05.0

If you don't know, he's the founder and managing director of Bo Capital.

0:09.0

And of course, something else. He's the owner and chairman of the Sacramento Kings.

0:13.0

Vivek, welcome to Office Hours.

0:16.0

Thank you, David. Thank you for having me.

0:18.0

Of course.

0:19.0

Well, you know, I'm always intrigued by someone who is a chairman and

0:22.6

owner of a professional sports team because when I was young, my ultimate dream was to play a professional

0:29.4

sports, which I think is a dream of men and women or kids, boys and girls when they're young,

0:34.7

almost all of them. But there comes an age where you realize

0:38.1

that's the top of the top that get to do that. So as an entrepreneur, there becomes a new top

0:43.8

of the top of the top, which is to be the owner and chairman of the most sacred asset on earth,

0:49.2

one of the teams in the NBA. And in order to get there, we have to really understand manifestation.

0:57.5

For you, how are you able to first manifest yourself into a position through innovation and

1:04.2

creativity to create abundance, but also to direct it?

1:08.4

Because it's a lot more than having money to actually become an owner and

1:12.2

chairman of a professional sports team. Yeah, so David, yeah, no, that's, you know, it's kind of a miracle.

1:19.4

You know, how does a guy that showed up from Bombay with $50 in his pocket on a, not just owning a

1:25.0

basketball team, but just imagine this. I'm on the competition committee, you know, sitting between, you know, Chris Paul and Michael

1:31.6

Jordan and legends.

1:33.8

And I've never played the game and I'm here, you know, helping set the rules of the game.

1:38.1

So I've absolutely lived the dream and it's a huge privilege and a huge honor to be able to be one of 30 owners.

...

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