//The MGM Grand and Concentrated Talent

The MGM Grand and Concentrated Talent

By |2015-08-27T06:00:00+00:00August 27th, 2015|Categories: Blog|Comments Off on The MGM Grand and Concentrated Talent

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By: Stefan Aarnio

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I recently took a 3 day vacation in Las Vegas, Nevada, one of my favorite cities in the world!

 

Some people love Las Vegas, some people hate it.

 

I am in the love boat with Las Vegas.

 

But why?

 

Some people think that Vegas is too commercial, maybe too expensive, maybe too gawdy or too American. Maybe they don’t like the fact that gambling, sin and mafia founded the city.

 

But all those things aside, Las Vegas is truly a world-class city with visitors from all over the world filling up the 120,000+ hotel rooms every day.

 

The thing that I love most about Las Vegas is the fact that it attracts the best of the best.

 

The best celebrity chefs have restaurants there.

 

The best luxury brands have stores there.

 

The best hotels in the world are built there.

 

The best casinos in the world are operated there.

 

Everything in Las Vegas has to be the best, or it gets torn down and rebuilt until it’s the best.

 

On my last trip, I stayed in the legendary MGM Grand. The MGM is famous for world class boxing matches and most recently was the Mayweather-Pacquiao fight.

 

The MGM Grand is so big and so legendary that 5 of the top 100 world’s highest paid celebrities either made a huge portion of their money at the hotel or have a resident gig at the hotel.

 

Forbes top 100 highest-paid celebrities that have their names on the MGM Grand building:

 

#1 Floyd Mayweather – $300 Million – Fought at the MGM grand in 2015

#2 Manny Pacquiao – $160 Million – Fought at the MGM grand against Mayweather in 2015

#17 Calvin Harris – $66 Million –DJ at the MGM

# 20 David Copperfield – $63 Million – Resident Magician at the MGM

#62 Tiesto – $36 Million – Resident DJ at the MGM

 

The million dollar question is: “Are these people such high earners because they are tied to the MGM Grand?” OR “Is the MGM Grand a great hotel/venue because it attracts such top talent?”

 

One thing is for sure, concentrated talent builds exponential value and an unbeatable experience that makes a hotel like the MGM so legendary.

 

How can you create concentrated talent in your business? You don’t have to hire Floyd Mayweather to fight at your venue, but there are many other ways to build a dream team on a small scale to attract massive success.

 

Thanks for reading,

Respect The Grind,

Stefan Aarnio

 

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