Logo
    Search

    How The Man Behind Nathan’s Hot Dog Eating Contest Built an Empire

    enJuly 04, 2024

    Podcast Summary

    • Hot Dog Eating ContestJoey Chestnut's absence from the Coney Island Hot Dog Eating Contest has made the competition more unpredictable, with potential contenders including Patrick Bertoletti, James Webb, Jeffrey Esper, Nick Wary, and King Yamamoto.

      This Independence Day, the absence of competitive eating legend Joey Chestnut from the Coney Island Hot Dog Eating Contest has shaken up the competition, making it more unpredictable than in the past 16 years. George Shea, the CEO of Major League Eating, shared his thoughts on the situation and revealed some potential contenders for the title. He mentioned Patrick Bertoletti, James Webb, Jeffrey Esper, Nick Wary, and possibly King Yamamoto as strong contenders. With Joey's absence, the focus is no longer on how many hot dogs he will eat but rather on who will take the crown. Additionally, George highlighted the human aspect of our quest for answers and the role of AI, like MetaAI, in expanding our knowledge and capabilities.

    • Hot Dog Eating ContestDespite competition from streaming platforms, the original 4th of July Hot Dog Eating Contest at Nathan's Famous continues to attract attention due to the challenge of breaking the record for most hot dogs consumed in a short period, with a significant physical stature and efficient eating techniques being key factors.

      The 4th of July hot dog eating contest at Nathan's Famous is a unique and intense event, with Joey Chestnut holding the record for the most hot dogs consumed in a short period. The conditions, including heat and media pressure, make it a challenging feat. Despite the entry of streaming platforms like Netflix into the scene, the original event holds significance and continues to attract attention. The quest for a new record-breaking eater, with a significant physical stature and efficient eating techniques, remains an ongoing challenge. The event's formative experience for Rich Shea, its organizer, came from witnessing the 1990 contest, which sparked his interest and led him to take over the competition.

    • Spectacle and Energy in Unconventional EventsAdding spectacle and energy can make unconventional events or sports more appealing and engaging to audiences, as demonstrated by the popularity of competitive eating contests.

      The potential for spectacle and energy can significantly enhance the appeal of seemingly unconventional events or sports, such as competitive eating. As discussed, the hot dog eating contest gained popularity due to its unique blend of absurdity and the energetic hosting provided by George Shea and Morty Matt. This concept can be applied to other sports or activities, like cornhole or pillow fighting, which may benefit from added personality and excitement to captivate audiences. The record-breaking performances in competitive eating, like Kobayashi's 50-hot dog feat, demonstrate the potential for astonishing achievements that can generate widespread interest. Ultimately, the combination of the unusual and the energetic can lead to memorable and engaging experiences for spectators.

    • Spectacle and EmotionsCreating spectacle and emotional connections in scripted events can evoke strong reactions from audiences, as seen in WWE and competitive eating contests.

      Creating spectacle and theatricality, even in scripted events, can evoke strong emotions in audiences. This was a valuable lesson learned from watching WWE, which has parallels to the competitive eating contests. The success of Major League Eating came unexpectedly, with no initial business plan or strategy. It started as a lark with the creation of the International Federation of Competitive Eating and gained media attention by representing themselves as the official organization. The importance of narrative and emotional connection, even when audiences know the events are scripted, was further emphasized by the speaker's experience with WWE.

    • Competitive Eating in Different CulturesThe competitive eating world has grown into a global phenomenon, but presenting the contest in different cultures poses a challenge due to inherent food presentation and consumption differences.

      The competitive eating world, started as a lighthearted stunt, gained traction through self-fulfilling prophecy and media coverage, and has since grown into a global phenomenon. The key to a successful stunt is to be slightly misleading while maintaining an element of fun. The sport has seen significant growth, with competitors from various countries participating, and the internet enabling the spread of food challenges. However, presenting the contest in different cultures poses a challenge, as the show element may not be as compelling as in the US. Pizza, despite being a popular American food, lacks a marquee eating contest due to its inherent challenges in presentation and consumption.

    • Competitive eating foodsHot dogs are popular choices for competitive eating due to their universal appeal, easily measurable units, and 10-minute time limit for safety.

      Certain foods, like hot dogs and chicken wings, are popular choices for competitive eating due to their universal appeal and easily measurable units. Hot dogs, in particular, have become synonymous with competitive eating due to their accessibility and the clear benchmark of consumption. While other foods, like pizza or jalapeno peppers, can also make for impressive feats, the 10-minute time limit for competitive eating contests is the sweet spot for both high volume and safety. Additionally, some foods, like nettles or pure peanut butter, are not ideal for competitive eating due to their unique challenges or lack of appeal.

    • Competitive Eating MindsetTo excel in competitive eating, one needs a strong commitment and understanding that pushing past limits requires work and strategy, not just a big appetite or size.

      The key to being an elite competitive eater goes beyond just having a big appetite or size. It requires a strong commitment and understanding that pushing past limits requires work and strategy. Celebrities like Joe Biden and Donald Trump, despite their public personas, may not make the best competitors due to their perceived lack of commitment and focus. Instead, competitive eaters train extensively to build capacity and master techniques to efficiently consume large quantities of food. This mindset and dedication allow them to overcome the challenges of competitive eating and reach impressive feats.

    • Competitive EatersJoey Chestnut supports rising star Neil Fryman's transition to competitive hot dog eating and celebrates his dedication and passion in the human spirit

      Despite the connection to competitive eating and tasting various foods, Joey Chestnut maintains his weight and sees no significant impact on his lifestyle. However, he's excited about Neil Fryman, a rising star in the MLE (Major League Eating) space, transitioning from eating Twinkies to hot dogs, and believes Neil could be a contender. Joey showcased his enthusiasm and energy when introducing Neil as a champion in the human spirit, using a dramatic and inspiring tone. Overall, the conversation highlighted the dedication and passion of competitive eaters, and their ability to embrace challenges and push their limits.

    Recent Episodes from Morning Brew Daily

    How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum

    How WNBA Commissioner Cathy Engelbert is Seizing Soaring Momentum
    Episode 359: WNBA Commissioner Cathy Engelbert joins Morning Brew Daily and explains how the league is ready to capitalize on their major momentum. Commissioner Engelbert discusses player pay and how they are working to increase league paychecks through sponsorship deals and media rights contracts. Plus she gets into how this year's rookie class including Caitlin Clark and Angel Reese have brought a massive amount of media attention and how front offices and investors are trying to parlay that into popularity for years to come. Finally Cathy discusses her previous role at Deloitte as CEO and even what corporate lingo she things is the cringiest. Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJuly 05, 2024

    How The Man Behind Nathan’s Hot Dog Eating Contest Built an Empire

    How The Man Behind Nathan’s Hot Dog Eating Contest Built an Empire
    Episode 354: Neal and Toby chat with George Shea, the CEO of Major League Eating which is the organization behind the annual Nathan’s Hot Dog Eating Contest. They address what happened with the contest’s biggest star, Joey Chestnut, and how George can compete with Netflix. George Shea shares the secret behind making virtually any event entertaining and how to pull off a good stunt. They also talk about the history of competitive eating and what the future holds for the sport.  Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Time code : 00:00 - Intro 2:20 - What happened with Joey Chestnut? 7:20 - Netflix puts up its own eating contest 9:50 - Eating records that won’t be broken 10:30 - The art of spectacle 15:15 - Origins of Major League Eating 18:00 - How to pull off a good stunt 19:15 - Growth opportunities for competitive eating 25:15 - Which celebrities would George put up? 29:15 - Neal’s epic intro Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJuly 04, 2024

    Tesla Sales Jump in Q2 & The 'Despicable Me 4' Marketing Blitz

    Tesla Sales Jump in Q2 & The 'Despicable Me 4' Marketing Blitz
    Episode 357: Neal and Toby break down Tesla's latest sales report and what it means for the EV maker. Plus, the gambling scandal rocking British politics and how the minions in 'Despicable Me 4' help train Olympians. Then Neal shares his favorite numbers and why smashburgers are taking over at high-end restaurants. Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJuly 03, 2024

    EU Puts Big Tech in Hot Seat & NBA Champs For Sale?

    EU Puts Big Tech in Hot Seat & NBA Champs For Sale?
    Episode 356: Neal and Toby dive into the EU’s latest campaign against Big Tech, namely Meta and Apple, alleging these companies are stifling competition in Europe. Then, the Boston Celtics are just coming off an NBA championship, but that doesn’t stop the owners from selling the team. Plus, the FTC is looking into ‘junk’ patents from pharmaceutical companies meant to prevent generic drug makers from cutting into their business. Meanwhile, Roaring Kitty is at it again, this time making movements for Chewy.com. Next, Toby examines the trend of ‘romantasy’ novels that are flying off the shelves. Lastly, China might have a way around high US tariffs: golf carts. Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJuly 02, 2024

    SCOTUS Weakens Fed Powers & AI Leads Stock Market in H1

    SCOTUS Weakens Fed Powers & AI Leads Stock Market in H1
    Episode 355: Neal and Toby recap another big Supreme Court ruling that rolls back a 40-year precedent, known as the ‘Chevron deference’, that could transform the authority of the Federal government. Then, a popular home improvement chain in rural America, Tractor Supply, cuts all its DEI and carbon emission reduction goals thanks to a conservative social media blitz. Meanwhile, the stock market is having quite a first half of 2024, thanks to AI and Nvidia. Then, the weekend’s winner: a new trend on how to entertain yourself during flights; and weekend’s loser: Nike. Also, Redbox parent company files for bankruptcy. Lastly, the news for the holiday week ahead. Expand your world with Meta AI. Now on Instagram, WhatsApp, Facebook and Messenger. Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJuly 01, 2024

    Biden/Trump Debate Moves Prediction Markets & Amazon's Plan to Take Down Temu and Shein

    Biden/Trump Debate Moves Prediction Markets & Amazon's Plan to Take Down Temu and Shein
    Episode 354: Neal and Toby recap the 1st presidential debate between President Biden and Republican nominee Donald Trump. Then, the Supreme Court rejects the Purdue Pharma settlement that would’ve sent billions to treatment programs affected by the opioid crisis but shielded the Sackler family from any future lawsuits. The right move? Also, Amazon plans to launch its own fast-fashion service similar to Shein to maintain its hold as the top retailer. Next, Al Michaels is the stock of the week and Walgreens is the dog of the week. Meanwhile, a new study suggests that daily multivitamins don’t actually help with longer life. Lastly, the International Space Station has an expiration date and NASA has tasked SpaceX to take out the trash. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Prez debate moves prediction markets  3:00 - SCOTUS rejects Purdue Pharma settlement money 6:15 - Amazon takes on Temu and Shein 10:30 - Dog of the week: Walgreens 13:15 - Stock of the week: Al Michaels 17:15 - Multivitamins don’t actually work? 20:15 - SpaceX will bring down the Space Station Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 28, 2024

    SCOTUS Ok’s WH to Remove Social Misinformation & AI Consultants Are Making BANK

    SCOTUS Ok’s WH to Remove Social Misinformation & AI Consultants Are Making BANK
    Episode 353: Neal and Toby dive into the Supreme Court’s decision to allow the White House to communicate with social media platforms about removing posts they believe is spreading misinformation. Is this a question of protection or violation? Then, an international news roundup where the WSJ journalist held captive in Russia has his day in court, deadly unrest in Kenya over a proposed tax bill, and WikiLeaks founder Julian Assange is a free man. Also, consulting firms are winning in the AI boom. Lastly, Neal’s favorite numbers on pedestrians, NY Mets, and July 4th travel.  Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Presidential debate 2:15 - SCOTUS clears White House to remove misinformation 7:15 - International news roundup 14:15 - AI consulting is rising 17:40 - Waymo is cleared in SF 20:15 - Pedestrian deaths are still high 22:50 - The Grimace Effect 24:40 - July 4 travels Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 27, 2024

    Judge Blocks $30B Credit Swipe Fee Deal & Rivian's $5B Lifeline From Volkswagen

    Judge Blocks $30B Credit Swipe Fee Deal & Rivian's $5B Lifeline From Volkswagen
    Episode 352: Neal and Toby recap the credit card swipe battle between credit card networks, merchants, and customers. The $30B meant to take a step forward in resolving high swipe fees was blocked by a judge. Then, Volkswagen invests $5 billion into Rivian, giving it new life that may pave the way for the top of the EV market. Next, the tragic lithium battery fire in South Korea highlights another problem with the batteries that are found in almost all of our daily devices. Also, Denmark will charge farmers for every cow, making it the first carbon tax in the world. Meanwhile, money-market funds reach all-time highs…and that might not be a good thing. Lastly, it’s been 50 years since the very first product was scanned by barcode. How did a simple design transform the economy? Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Toys R Us AI commercial 2:50 - Swipe fee battle continues 7:10 - Rivian gets new life 11:45 - Lithium battery hazards 15:15 - World’s first carbon tax 19:00 - Avoid the cash trap 22:15 - 50th anni of the first barcode scan Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk.  Investors must review the Options Disclosure Document (ODD): public.com/ODD. See Fee Schedule and Options Rebate & Referral T&Cs: public.com/disclosures. Brokerage services for US-listed securities and options offered through Public Investing, member FINRA & SIPC.  See terms of the Options Rebate Program. Rebate rates vary from $0.06-$0.18 and may depend on time of enrollment and number of referrals. Rates are subject to change at any time. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing., member FINRA & SIPC. See public.com/#disclosures-main for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 26, 2024

    Record Labels Sue AI Music Makers & McDonald's $5 Value Meal

    Record Labels Sue AI Music Makers & McDonald's $5 Value Meal
    Episode 351: Neal and Toby discuss a major lawsuit that could shake up the music industry as an alliance among major record labels sue two major AI music generators over copyright infringement. Then, Netflix updates its famous internal culture memo to reflect a new era where streaming is now a hyper-competitive market. Meanwhile, McDonald’s launches their $5 Value Meal to lure back cost-conscious customers trying to navigate high inflation. Plus, a sock debate between Gen Z and millennials that has everyone looking at each other’s feet. Hm. Also, a Florida family is suing NASA for space debris from the ISS that crashed into their home. It opens the question: who should pay for space debris? Lastly, a deep dive into the trendiest baby names dating back to the 1880s. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Nvidia’s wipeout 3:00 - Record labels sue AI music makers 7:30 - Netflix updates its culture doc 11:30 - McDonald’s $5 value meal 15:30 - Ankle socks or crew socks? 19:00 - Space debris falling to Earth 22:30 - Trendy baby names Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 25, 2024

    Ozempic Era Winner...Yogurt & Apple and Meta Becoming Friends?

    Ozempic Era Winner...Yogurt & Apple and Meta Becoming Friends?
    Episode 350: Neal and Toby chat about how Ozempic users are seeking out high-protein, low calorie yogurts as a healthy snack. Then, Meta talks to Apple about possibly integrating its AI with Apple products. Could this be the start of a new friendship? Next, the hackers who’ve crippled car dealerships are demanding millions of dollars and CDK Global is preparing to pay it. Also, further delays for the Boeing Starliner astronauts still stuck in the International Space Station. Meanwhile, the US and other countries are planning to bring their own AC units to the Paris Olympics. Plus, Sha’Carri Richardson and the Iberian Lynx are making strong comebacks. Lastly, the biggest news you need to know this week. Download the Yahoo Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 00:00 - Big weekend of selfies 2:40 - Ozempic food winners 7:15 - Apple and Meta as friends? 11:15 - CDK update 13:30 - Boeing return delayed again 15:20 - Olympians tryin’ to keep their cool 19:00 - Weekend winners: Sha’Carri Richardson & Iberian Lynx 23:30 - Week ahead Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
    Morning Brew Daily
    enJune 24, 2024