Blake Oliver interviews Savannah Bananas CFO Tim Naddy to learn unconventional strategies for explosive business growth. Discover how this innovative sports entertainment team achieved a million-fan waitlist and sold out over 200 consecutive games. Tim will share insights on creating innovative revenue streams, developing fan-centric KPIs to drive profitability, and managing financial risks in rapidly scaling businesses. Whether you're in sports, entertainment, or another industry, discover how to apply these creative accounting practices to transform your financial approach. Walk away with actionable strategies to enhance customer engagement, boost growth, and reimagine your business's financial success.
(Originally recorded on August 7, 2024, on Earmark Webinars+)
Sponsor
MakersHub - https://earmarkcpe.promo/makershub
Chapters
- (00:00) - How to Earn CPE
- (01:17) - Behind the Scenes with the Savannah Bananas
- (03:06) - The Role of a CPA in Sports Entertainment
- (04:40) - Educating the Next Generation of Creatives
- (07:37) - The Savannah Bananas Phenomenon
- (12:59) - Fan-Centric Business Model
- (20:23) - Challenges and Innovations in Finance
- (29:20) - Touring and Merchandise Strategy
- (34:48) - Partnering for Regional Warehousing
- (35:30) - Forecasting Inventory Needs
- (36:05) - Managing Merchandise Logistics
- (37:06) - Understanding Fan Data
- (39:03) - Finance Tech Stack Overview
- (49:12) - Challenges of Rapid Expansion
- (55:55) - Creative Accounting Practices
- (59:14) - Advice for Aspiring Accountants
- (01:02:10) - Conclusion and CPE Information
https://earmarkcpe.com
Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Connect with Our Guest, Tim Naddy
LinkedIn: http://www.linkedin.com/in/drtimnaddy221b
Learn more about The Savannah Bananas
https://thesavannahbananas.com/
Connect with Blake Oliver, CPA
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!