
How He Turned $246K in Debt Into a $2.5M/Year Business
Anthony Lazzaro is the Co-Founder & CEO of The Friends Studio, an experiential production and management company. The company's work ranges from global campaigns to underground projects, including Lil Yachty at Coachella, Nike and Converse collaborations, athlete brand work, and installations for artists, festivals, and Fortune 500 companies. TIMESTAMP: [00:00:57] What is The Friends Studio . [00:02:07] Revenue for the business. [00:02:53] What a $5,000 job looks like. [00:03:35] What a $50,000 job looks like. [00:03:54] “Sanctified” by Anthony Hart. [00:05:10] Most expensive build-out. [00:05:40] Tiers of brand activations. [00:07:09] Biggest brand activation. [00:07:25] Costs of a brand activation. [00:08:04] Business team and structure. [00:09:43] Getting into experiential marketing. [00:10:39] Costs of starting the business. [00:12:06] Fears of going into debt for the business. [00:14:16] Size of the business. [00:15:28] Business metrics. [00:16:32] Getting out of debt and becoming profitable. [00:18:11] Separating business and personal finances. [00:19:32] Building multiple businesses at once. [00:21:51] Benefits of doing two sides of the business. [00:23:53] Clients of the business. [00:26:05] Client deal structures. [00:27:11] Managing artists and designers. [00:28:19] TYP (Troy Murray) projects. [00:31:26] Roles and responsibilities as a manager. [00:32:51] Managing the brand Kids Of Immigrants . [00:34:29] Benefits of hiring help outside the business. [00:37:30] The golden rules of a manager. [00:38:48] How Kids Of Immigrants makes money. [00:40:53] Size of Kids Of Immigrants . [00:42:10] Landing a collaboration with Nike. [00:46:01] Nike x Kids Of Immigrants collaboration. [00:48:54] Deal structures for Nike collabs. [00:52:17] How much product is sold from a Nike collab. [00:53:23] Brand partnership strategies. [00:56:15] Surprising ways brands make money. [00:57:10] Building relationships with people. [00:59:02] Working with Lil Yachty. [01:01:35] Worst clients to work with. [01:02:37] Getting screwed over by clients. [01:03:27] Weirdest client requests. [01:04:32] Approach to closing deals. [01:06:47] Working two full-time jobs. [01:11:59] Superpowers in business. [01:12:41] How much does money matter. [01:13:14] Financial goals. [01:14:29] Handling financial stress. [01:15:43] Future goals. [01:17:09] Business goals. MONEY TALKS with Jesse SUBSCRIBE! https://youtube.com/@moneytalkswithjesse Stream MONEY TALKS: https://hoo.be/moneytalks Follow MONEY TALKS: https://www.instagram.com/moneytalks/ https://www.tiktok.com/@MONEYTALKSwithJesse https://x.com/MONEYTALKSwithJ Follow Jesse: https://www.instagram.com/frontpage https://x.com/frontpage__ Follow Guest: https://www.instagram.com/anthony_lazzaro/









