NBA Star Jaylen Brown Turned Down $50 Million Worth of Deals to Start His New Business — And He Got the Idea From Kobe Bryant The NBA Finals MVP sat down to talk business with Kickstarter CEO Everette Taylor for a new series called 'The Playbook,' by Entrepreneur and Sports Illustrated.

By Jason Feifer Edited by Frances Dodds

This story appears in the November 2024 issue of Entrepreneur. Subscribe »

How do you kickstart a new brand when you're up against deep-pocketed competitors?

That's what Jaylen Brown is considering. NBA fans know him as this year's reigning Finals MVP, who just led the Boston Celtics to their 18th championship. But shoe dogs know him as a rebel — the star player who turned down $50 million in endorsement deals, publicly sniped at Nike, and then, in September, revealed his big move: He launched his own shoe and athleisure brand called 741, and plans to sign other athletes with competitively generous deals, thereby undercutting the big shoe brands.

To help Brown start, we connected him with Kickstarter CEO Everette Taylor — an exec with deep marketing experience, whose platform has helped founders raise more than $8 billion. The meeting was part of a new series called The Playbook, created by Entrepreneur and Sports Illustrated, where we pair entrepreneurial athletes with the leaders who can help them. Here, you'll learn Brown's philosophy on playing the long game, and Taylor's formula for successful launches.

Related: 5 Steps to Move Beyond Small Talk and Start the Business You've Always Dreamed of

Everette Taylor: You're living the dream right now. I'm impressed by how you recognize that, no matter how successful you are now, you have a long life and the NBA is just one part of your career. Where did that recognition come from?

Jaylen brown: I got that from growing up playing chess, because there's three components to a chess game: an opening, a middle, and an endgame. As you approach your strategy, you have to know all three at the same time. Your opening act determines how you're going to finish the game.

So when I translate that to life, I am positioning my pieces. It's why I started thinking about the end of my career at the beginning. I know that this is a game.

Taylor: Yeah, I have that constantly in my head. I was homeless in high school, and I would go to the local library for shelter, and that's where I learned about people like Mark Zuckerberg and Jack Dorsey, and I was like, wow. I wasn't talented enough to be an NBA player, but this tech thing seemed like something I could do. I'm grateful for tech, because it gave me opportunities that my mom didn't have, and opportunities that my ancestors and people in my neighborhood growing up didn't have. Technology provided no excuses for me. It was a platform to really learn, grow, and build a career around.

So now, to your point about seeing the whole game at once, I have the vision that I want for my life, and I'm essentially working backward from that. It's not about certain accomplishments; it's not about having a certain level of money. It's about, This is what I want my life to look like. Every move that I make, every job that I take, everything that I do is intentional to get to that path.

Brown: And that's the battle of humanity! Because, yeah, you have a mission, you have a purpose that leads you every day, but you still have emotions, you have vices, you have things you want to do. That's why you need discipline and discernment. At 28, I'm still figuring it out. But I've got a clear vision for my future.

Taylor: So let's talk about one of those things you're building — your brand. What led you to launching it?

Brown: Honestly, I got the idea from Kobe [Bryant], rest in peace. Before he passed away, he was planning to launch his own shoe brand, sign athletes, and give them better deals and percentages. I remember reading an article about that, and I thought it was dope.

I've gone through my own experiences, dealing with major corporations and how they value your creativity, and how they value you. I met with every brand and none of them stood out. They all kind of approach things the same. I was looking for the brand of the future, not the brand of the past. And I couldn't find it, so I had to start it.

Related: Success Isn't Linear — 5 Tips to Overcome Obstacles and Find Your Winning Strategy

Image Credit: Courtesy of Everette Taylor & Jaylen Brown

Taylor: That's brave. It's something a lot of people don't do, because they're willing to just take the scraps that other people give them. What do you think most differentiates your brand compared to others?

Brown: The design. I designed everything myself. I was just at the factory in South Korea, on the line, making sure stuff was done in the way that I see fit. I passed on probably almost $50 million worth of deals [from other brands] in order to start something on my own. And it's not because I didn't like the money they offered. It's because those deals pigeonholed me, and they didn't allow creativity.

Taylor: Man, you lit up when you started talking about the design. You're a creative. I know sometimes it's tough to use that word about ourselves, but I think a true creative doesn't want to be bound by anything. They don't want infrastructures that halt their creativity. So yes, money matters, and we want to be able to take care of our families, but when someone really embodies being the creative, they need to be able to put their art form out into the world the way that they see fit.

Brown: Yeah, and storytelling is so key here. There's a lot of meaning and purpose and intent that I put into every facet of the brand, and I want to let stuff breathe, and roll it out as people start to ask more questions. I don't want to force anything. It doesn't have to be the hottest brand on the street by tomorrow.

Taylor: I'm glad you have the marathon mentality, because none of the big shoe companies or apparel companies started off with major growth. It happened over time. I think your brand is going to personify authenticity, and people want to see and feel that — especially with Gen Z and new types of consumers. They're buying things in a completely different way. They want to feel like that brand cares about people, and that it's aligned with their interests and on the right side of good.

When you look at some of the big corporations in the space, I feel like they've lost that vision. Not to call anyone out, but a lot of bigger corporations have built their companies off the back of a great brand and great storytelling, then dumped billions of dollars into performance marketing instead of creativity, storytelling, and authenticity.

Brown: That's the cycle of life. Once you get to be so big and so successful, you're trying to maintain. You're just trying to protect what you've already built. Then you lose the ability to go forward and to keep breaking barriers.

Taylor: That's why my biggest advice to you is just: Be obsessed with growth and innovation and design, consistently. The moment that you get comfortable — and you don't seem like the type of person that's going to get comfortable, but still — that's when growth stops. I think about that all the time with Kickstarter. The moment we get comfortable, that's when the company's dead. You might still be making money, you might still make millions or billions of dollars, but if you're not creative anymore, if you're not innovative anymore, then you're not growing.

But I think you got the right mentality. I'm excited to see what you do.

Related: Is Now a Good Time to Start a Business? Here Are 5 Factors You Need to Consider.

Jason Feifer

Entrepreneur Staff

Editor in Chief

Jason Feifer is the editor in chief of Entrepreneur magazine and host of the podcast Problem Solvers. Outside of Entrepreneur, he is the author of the book Build For Tomorrow, which helps readers find new opportunities in times of change, and co-hosts the podcast Help Wanted, where he helps solve listeners' work problems. He also writes a newsletter called One Thing Better, which each week gives you one better way to build a career or company you love.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

This AI is the Key to Unlocking Explosive Sales Growth in 2025

Tired of the hustle? Discover a free, hidden AI from Google that helped me double sales and triple leads in a month. Learn how this tool can analyze campaigns and uncover insights most marketers miss.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.

Making a Change

Expand Your Global Reach with Access to More Than 150 Languages for Life

Unlock global markets with this language-learning platform.