I would tell younger Tavio to focus first and expand later. When you’re young and an entrepreneur you want to do so many things. I was doing five or six things when I should’ve only been doing one or two.
Tavio Hobson is a seasoned business professional with experience in sales, entrepreneurship, marketing, and business development. He currently works for Dynasty Sports Management as the Vice President of Business and Basketball development. He previously worked as the Corporate Partnership Manager for a professional basketball team.
Tavio received his BA from Sacred Heart University and his Executive Masters In Leadership from the Georgetown McDonough School of Business. Tavio was selected to represent the United States as a Marshall Memorial Fellow across the sectors of business, government, and civil society. The Marshall Memorial Fellowship was created in 1982 to introduce a new generation of leaders from United States to Europe.
Tavio Hobson is also involved in the real estate development industry. Teaming up with a long-time friend and business partner, he began investing in real estate projects throughout Seattle starting in 2006. He has worked on developing townhomes, apartments, and multi-family homes throughout the city. His background in sales and business has set him up for success in this industry. Being a startup consultant and entrepreneur, Tavio Hobson encourages others to constantly define and refine their core competencies and absorb all the knowledge that they can. No matter what field they decide to go into, this will set them up for success.
Currently Residing in Los Angeles, Tavio Hobson is a community leader and philanthropist who is passionate about leadership and education. He knows how lucky he was to get the education he received and knows the major impact it played on his life. He also noted that many of his peers did not have the same opportunities and this inspired him to begin working with educational organizations that help youth become strong leaders and gain important life experiences. Some of the organizations Tavio has worked with over the years include The Breakfast Group, Los Angeles Southwest College Foundation, Watts/Willowbrook Boys and Girls Club, and The Greater Los Angeles African American Chamber of Commerce (GLAAACC).
Where did the idea for Dynasty Sports come from?
The idea really came about from like minded people. Dan Fegan has been in the industry for 25 years and the company is more tailored to modern day athlete. It focuses on holistic development rather than just sports representation.
What does your typical day look like and how do you make it productive?
My day consists of 4 main things:
Client Service/contract negation – I make sure clients have what they need whether that be doctors or trainers and make sure everything runs smoothly. I also spend a great deal of time positioning our clients for current and future lucrative NBA contracts.
Building Relationships – I build relationships with brands and companies that are very reputable and help create relationships with athletes and decision makers at these major brands. This helps keep an open line of communication when one of our clients is a candidate for an endorsement deal.
Career Planning – I make sure to know what a current athlete is doing now and what they are interested in and start helping position them into a career after they are doing playing. A current athlete plays for 5 to 10 years tops so I help them develop what they are going to be doing after that for the next 45 or 50 years.
Basketball Development – I have a basketball coach background so I work out athletes in the gym, i help give them advice on how to improve their game, and that in turn translates to bigger contracts for them.
How do you bring ideas to life?
I have a very entrepreneurial mind. If we have a model or good idea, we test it see how it works out. I get personally inspired from reading an article online or by something a client is passionate about. The idea turning into fruition depends on someone owning it and then getting the resources to drive the process. In general, I’m very intentional about the process but very sporadic with where the inspiration comes from.
What’s one trend that really excites you?
Integration of tech and sports – amazing things are happening around tech and sports to help athletes train better and improve more quickly. Athletes can start making better decisions for themselves and businesses can start to also make better decisions for their clients. I think there are a lot of advancements and opportunities that are happening in the tech industry specifically in regards to sports and I am excited to see people improve on sports tech utilization.
What is one habit of yours that makes you more productive as an entrepreneur?
Work ethic and vision- I am very intentional about my work ethic and typically do not get too deep into things I’m not passionate about. It is hard to have a clear vision if you are not passionate about the project. I think more entrepreneurs fail from over consumption rather than from starvation. I am not afraid to say no to things that I don’t envision doing to the best of my ability.
What advice would you give your younger self?
I would tell younger Tavio to focus first and expand later. When you’re young and an entrepreneur you want to do so many things. I was doing five or six things when I should’ve only been doing one or two. When I did focus, I thrived in my field, which in turn brought expanded opportunities to me.
Tell us something that’s true that almost nobody agrees with you on?
Diversity of thought is the most important type of diversity when it comes to innovation.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
I surround myself with people I trust that give me honest feedback. I think you should always have a personal panel of truth tellers. You need to constantly get unfiltered advice on how to improve yourself. Things are never as good, or ever as bad as the masses will have you believe. Those who are close to you will keep you grounded. This is advice every entrepreneur should take seriously.
What is one strategy that has helped you grow your business? Please explain how.
Sticking to my core competencies. I am a great negotiator and great at business development. I’m fortunate to be the son of the godfather of Seattle basketball, so my basketball acumen started at a young age. When combined with my drive to be an entrepreneur, it has provided me with amazing opportunities. Sticking to core competencies is ultimately why I have been successful in my role and hope to continue the success in the future.
What is one failure you had as an entrepreneur, and how did you overcome it?
My biggest failure was hiring the wrong people. The right idea with the wrong people will fail the vast majority of the time. Being very intentional about what the team needs to look like, before sailing the ship is crucial. When I tried to build the ship as I sailed, the results suffered.
What is one business idea that you’re willing to give away to our readers?
Aggregated rideshare platform similar to expedia. There should be a ridesharing app for people to compare heavy hitting rideshare prices like Uber and lyft just like expedia and kayak do for hotels and flights.
What is the best $100 you recently spent? What and why?
The Fascia Blaster. I tore my Achilles and this tool looks really simple but works magic. I feel better than I have ever felt. I use it on my back too and my muscles and I feel great.
What is one piece of software or a web service that helps you be productive? How do you use it?
Outlook. It sounds simple, but there is so much on there and I unlock all the features. All my contacts, reminders, conversations, history, flags, notes, are on outlook as well. Outlook has so many features that people do not even know about but I use pretty much all of them.
What is the one book that you recommend our community should read and why?
“Never eat alone“ by Keith Ferrazzi and Tahl Raz – It is great and really brings structure and personality to the ever-changing ubiquity of networking. It helps to provide more structure and depth and shows how to better think about networking. The advice really works.
What is your favorite quote?
I don’t know if I have a favorite there are so many, but along the lines of entrepreneurship I would say:
“To be an effective entrepreneur you have to work 100 hours a week to prevent yourself from always having to work 40.”
Tavio Hobson on LinkedIn: https://www.linkedin.com/in/taviohobson
Tavio Hobson on Twitter: https://twitter.com/tavio_
Tavio Hobson on Instagram: https://www.instagram.com/