The Business of Esports and Gaming with Evan Kubes
THE RICHARD DRI PODCAST
Joining me on the podcast this week is Evan Kubes, President of Rumble Gaming and co-founder of MKM Group. Heading Canada’s first, and one of the world’s most influential, law firms dedicated to esports and content creators, Evan is considered a thought leader in the industry, and he is often featured in publications like Bloomberg, Yahoo Finance, and Global News. Evan’s innovative work has also led to him being recognized as a top influencer manager and esports agent by Business Insider.
In today’s episode, Evan shares his journey to his current position, explains esports, gaming and the role that firms such as his play in the field, and reveals how his firm connects with clients. He also discusses how Rumble makes money, offers his advice for others wanting to get involved in the esports scene, details how he invests and protects his income, and finishes off by providing his definition of financial independence and how to achieve it.
The Business of Esports and Gaming with Evan Kubes
Download the full transcript here
Highlights:
- Evan entered into his current business when he discovered that there were few law firms working in the esports and gaming space globally, and none in Canada at all.
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Evan’s law firm does the legal work and the Rumble agency does the marketing, the content creation, and the consulting for businesses.
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Due to the ‘gatekept’ nature of esports and gaming, Evan networked for about three months before launching their firm.
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For his investments outside of esports businesses, Evan relies on a financial advisor.
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Evan’s two key approaches to achieving financial independence are living below your means and investing smartly.
Quotes:
“Within a few months we were able to scale very, very quickly, to the point that we were representing over 150 esports teams, players, creators, influencers, game developers and just ancillary entities across the ecosystem.”
“We were helping to professionalize the industry and build that supporting infrastructure that was lacking. So as a result, it was really easy to grab a significant market share and do good work for our clients.”
“We actually got connected with an individual by the name of Leonard Asper, who some people may know, he was formerly the CEO of Canwest Global.”
“Every time I invest in one of these, I assume it’s gone right away, which obviously is a nice luxury to have, but I am investing very small amounts.”
“Financial independence for me is really the ability for me to go to a Starbucks at 9:00 AM, sit there all day with a coffee and read a book, and not have to check an email.”
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