June 12, 2023

Ed Vincent on Festival Pass, the Business Mindset, and Web Three

Ed Vincent on Festival Pass, the Business Mindset, and Web Three

Introduction

Ed Vincent is the CEO and founder of Festival Pass, the world's first live event subscription marketplace. He has a wealth of experience in the entertainment industry, having worked with companies like Live Nation, AEG, and Ticketmaster. 

Overview

In this interview, Ed talks about his journey in the entertainment industry and how it led him to create Festival Pass. He shares his insights on the importance of having a growth mindset, the benefits of being a podcast guest, and the power of networking with like-minded individuals. Additionally, the conversation delves into the impact of technology on businesses, the potential of Web Three, and the recent banking crisis in the US. 

Timestamped Chapter Summary

  • Introduction to Podcast Introduction Group (0:00:15)
  • Introduction to YouTube channel (0:02:45)
  • Definition of a business mindset (0:03:02)
  • Strategies for continuous learning (0:04:11)
  • Introduction to EO and YPO organizations (0:04:45)
  • Ed's background and journey in the entertainment industry (0:06:30)
  • The inspiration behind Festival Pass (0:14:20)
  • Challenges faced in creating Festival Pass (0:20:40)
  • The benefits of being a Festival Pass subscriber (0:25:50)
  • The impact of COVID-19 on the live event industry (0:29:30)
  • Advice for entrepreneurs in the entertainment industry (0:36:20)
  • Ed's future plans for Festival Pass (0:41:00)
  • Ed's experience in investment banking and founding Citystaff.com (0:10:37)
  • Ed's fascination with technology and its critical role in his career (0:13:39)
  • The potential of Web Three and its impact on businesses (0:14:56)
  • How technology makes transactions easier and smoother (0:15:48)
  • The recent banking crisis in the US and its impact on technology investments (0:15:56)
  • The role of emotions in business and finance (0:19:08)
  • The future of venture capital investments in technology (0:19:58)
  • Ed's role as interim Chief Data Officer at Movie Pass (0:20:52)
  • MoviePass's partnership with Predict Analytics (0:20:56)
  • The importance of peer groups for entrepreneurs (0:22:13)
  • The impact of entrepreneurship on mental health (0:22:45)
  • Strategies for achieving a holistic mental health balance (0:24:23)
  • The importance of family and community in entrepreneurship (0:25:00)
  • Building a community around entrepreneurship (0:26:05)
  • The importance of support in entrepreneurship (0:26:33)
  • The holistic approach to life and entrepreneurship (0:27:38)
  • What makes Ed happy and fulfilled (0:28:05)
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