Speaker Magic Johnson’s decorated NBA career illustrates his talent and tenacity as a leader. It’s not magic, he says. His longtime success is the product of building a strong team, and he is on a mission to show entrepreneurs around the world how they can build their own teams for success.
As an entrepreneur and prolific speaker, Magic Johnson continues to expand his influence through a number of other investments and he places a high value on teamwork in all of his endeavors. He currently has controlling interests in EquiTrust, an $18 billion financial services company, and SodexoMAGIC, a food service and facilities management company. He has also redefined himself as a businessman committed to bringing local growth and financial empowerment to urban and suburban neighborhoods by developing entertainment complexes, restaurants and retail centers.
Operating under the philosophy that true success is making others successful, Magic Johnson is one of the leading investors in a number of minority-owned tech companies, Uncharted Power, an award-winning power and data infrastructure technology company; ShotTracker, a company that makes wearable technology for basketball players that helps track player and ball movement; Jopwell, a diversity and hiring recruiting platform; Walker & Co Brands, a company that develops health and beauty products for people of color; and MiTú, the Latino-fueled media brand and digital network that connects thousands of Latin content creators with viewers around the world. He is also deliberate in his investment strategy to bring positive impact to the community.
He also co-owns the Los Angeles Sparks of the WNBA, Major League Soccer’s Los Angeles Football Club, and eSports franchise Team Liquid. Both ventures served as catalysts for redevelopment in urban communities, and are widely recognized as the corporate blueprint for engagement and success with urban consumers across America.