TThe Diary of a CEO
← All episodes
30 November 2020

Eddie Hearn on Selling Matchroom For 5 Billion

2Frameworks
12Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take09:30

Hearn's Blunt View of the Family Cost of Relentlessness

Hearn argues that an intensely demanding career creates unavoidable trade-offs at home, while acknowledging the harm in divided attention. He recalls his daughter asking him to leave his phone alone and says awareness of neglected obligations does not create a perfect balance.

  • Hearn calls extreme professional drive selfish
  • He says exhaustion and constant deal-making compromise family attention
  • His daughter's request to get off the phone affected him deeply
  • He distinguishes accepting trade-offs from denying family obligations

You have to be incredibly selfish.

Eddie Hearn · 09:30

Dad, please get off the phone.

Eddie Hearn quoting his daughter · 11:00
#work-life balance#family#sacrifice#self-awareness

Explainer· 4

Explainer13:30

Why Major Wins Leave Hearn Wanting the Next Target

Hearn says major achievements bring a powerful high but not lasting contentment. After large boxing events, he describes feeling low and empty once the activity ends, then using pessimistic self-talk to prevent himself from becoming complacent.

  • Winning a title or staging a landmark event does not produce lasting contentment for Hearn
  • He describes a low period after the event's adrenaline subsides
  • He deliberately anticipates problems to keep himself working
  • He worries that constant forward motion may prevent him from savouring his life

The great people, they never feel content with achievement.

Eddie Hearn · 13:30

I'm my own biggest critic and I'm also very pessimistic.

Eddie Hearn · 15:30
#achievement#contentment#motivation#self-criticism
Explainer33:00

The Control-versus-Exit Dilemma Inside Matchroom

Hearn describes Matchroom's growth from a small family company into an international employer attracting takeover, investment, and IPO interest. The dilemma is that outside capital could accelerate growth and create an exit, while potentially weakening the hands-on control that the family values.

  • Matchroom grew from four employees to hundreds across multiple offices, according to Hearn
  • The family had repeatedly rejected investment to retain decision-making control
  • Hearn sees a possible sale or flotation as a route to a faster exit
  • He also says walking away from a hands-on business would be difficult
  • His father preferred continuing the family business without investment or sale

We've turned down investment and opportunities for years.

Eddie Hearn · 34:00

We make the decisions and we do what we want to do.

Eddie Hearn · 34:00
#matchroom#family business#investment#exit strategy#control
Explainer48:30

Why Hearn Accepts Celebrity as a Business Tool

Hearn says he set out to be a businessman rather than a celebrity, but concluded that his public profile could sell events and raise fighters' visibility. He points to Dana White and Vince McMahon as examples of a recognisable lead figure attached to a fight or entertainment product.

  • Hearn did not describe celebrity as his original goal
  • He believes his visibility helps promote both events and fighters
  • He sees a lead public figure in UFC and WWE as useful precedent
  • His high interview volume is presented as purposeful promotion rather than attention for its own sake

I didn't set out to be a celebrity and I set out to be a businessman.

Eddie Hearn · 49:00

There's a method to the madness.

Eddie Hearn · 50:00
#promotion#celebrity#boxing#personal brand
Explainer1:03:00

Why Problems Feel Calmer to Hearn Than Sitting Still

Bartlett proposes that some driven people experience unfinished goals and problems as stability, while completion and rest can feel chaotic. Hearn agrees that he feels most capable when a fight collapses or a major show is threatened, because those are situations where he can act directly rather than watch without control.

  • The chaos-as-stability idea is introduced by Bartlett from his own experience
  • Hearn agrees that active problems can feel like his natural environment
  • He says he becomes calm when a business crisis gives him work he can control
  • Watching a fighter is more stressful for him because the outcome is outside his control
  • He distinguishes liking action from deliberately seeking aggravation

Our stability is chaos.

Steven Bartlett · 1:03:30

Put me in front of problems and tell me I can't do something.

Eddie Hearn · 1:04:00
#chaos#control#crisis#performance

Story· 2

Story02:30

How Hearn Turned His Father's Shadow Into Competition

Hearn traces his drive partly to a childhood where sport was judged by winning rather than participation. He says being known as Barry Hearn's son created a different challenge: trying to outperform a successful parent while knowing he could never recreate his father's rise from poverty.

  • Hearn says winning was strongly reinforced in childhood sport
  • He describes himself as a failed athlete who redirected competition into promotion
  • His father's success created both privilege and a standard to beat
  • He believes successful parents can produce drive if their children channel the comparison well

I think a lot of it comes down to the fact that I love to win.

Eddie Hearn · 03:00

How do you outperform everything that he done?

Eddie Hearn · 07:30
#competition#family business#childhood#ambition
Story43:00

The Caller Who Phoned Hearn 40 Times in One Day

Hearn describes social media as both important to Matchroom's rise and increasingly toxic. After his number was posted publicly, he confronted a repeated caller about directing hours of effort toward abuse rather than something useful, illustrating his concern about criticism becoming a consuming routine.

  • Hearn acknowledges that criticism affects people even when they deny it
  • He says attacks on work he cares about frustrate him more than personal insults
  • Social platforms helped Matchroom understand and interact with fans
  • He worries about children receiving persistent online insults
  • He challenged one caller to redirect his repeated effort into worthwhile activity

Of course, you don't like people criticizing you.

Eddie Hearn · 43:30

Put it into something worthwhile.

Eddie Hearn · 47:00
#social media#criticism#attention#online abuse

Q&A· 3

Q&A28:30

What Hearn Thinks a Relentless Operator's Partner Needs

Asked how his marriage accommodates his work, Hearn says a partner needs to understand what drives the operator and how important the work is to them. He also stresses that understanding does not remove conflict or the need to deliberately provide attention, company, and time.

  • Hearn says his wife understands that work is central to how he operates
  • He acknowledges arguments about selfishness and inattention
  • He believes couples change successfully by growing together
  • He says attention, company, and time matter more than material comforts
  • He sometimes protects time together even when he is exhausted

They need to know you. They need to know what drives you.

Eddie Hearn · 29:00

They want your attention and they want your company and they want your time.

Eddie Hearn · 31:00
#relationships#marriage#attention#ambition
Q&A37:30

Hearn on Revising His View of Depression

Hearn says he once doubted that a young, healthy, wealthy, or successful person could experience depression, but later accepted that depression is real. He does not identify himself as having had depression and offers short-term focus only as a personal coping approach, not a medical explanation or treatment.

  • Hearn says his earlier dismissal of depression was wrong
  • He distinguishes ordinary down days from what he understands as depression
  • His suggestion that overthinking contributes to mental-health problems is his personal view, not established in the episode
  • He says focusing on the present helps him when he feels off balance

That's wrong because it is real, you know, and it does exist.

Eddie Hearn · 38:30

I don't see myself suffering from that.

Eddie Hearn · 38:30
#mental health#depression#anxiety#perspective
Q&A54:00

Why a Multibillion Matchroom Valuation Matters to Hearn

Hearn argues that boxing could replicate or exceed the value of the UFC through a unified global model, while making clear that the figure is an ambition rather than a current valuation. He says the appeal is less about changing his lifestyle than proving that a father-and-son family business achieved something that once seemed impossible.

  • Hearn cites the UFC sale as a benchmark for boxing's possible value
  • He describes one promoter and one belt as part of the model he imagines
  • He says Matchroom's specialty is creating live events, while global expansion would require investment and management
  • He frames the valuation target as competition, achievement, and family legacy
  • He concedes that selling for billions would probably not create lasting happiness

can't replicate that model and actually be even more valuable than the UFC business.

Eddie Hearn · 56:30

I don't think that selling for 5 billion and making a load of money will make me happy.

Eddie Hearn · 1:02:30
#valuation#matchroom#boxing#legacy#growth

Takeaway· 2

Takeaway18:30

Hearn Rejects Running Today's Life From a Deathbed Forecast

After his grandfather's death, Hearn reflected on whether he was fully using his own life. He expects a dying person might wish for more family time, but argues that imagined future regret should not wholly dictate choices made while healthy; his standard is to understand today's trade-offs honestly.

  • His grandfather's death reminded him that life is finite
  • He wants to feel he could not have put more into his life
  • He distinguishes future deathbed emotions from present convictions
  • He values honest awareness of sacrifices over claiming perfect balance

You have to be reminded sometimes that this is a game.

Eddie Hearn · 19:00

You have to do what's in your heart.

Eddie Hearn · 21:00
#mortality#regret#family#self-awareness
Takeaway22:30

Why Hearn Says Self-Acceptance Made Him More Effective

Hearn says criticism of his appearance mattered far more to him at 27 than at 41. He links growing comfortable with himself to greater ease, positive energy, and effectiveness, while still wanting to look and feel like his best self.

  • Hearn says other people's opinions had more power over him when he was younger
  • He associates his school-age arrogance with an underlying chip on his shoulder
  • Self-acceptance does not mean abandoning self-improvement
  • He believes relaxed, smiling people create energy that attracts others

Being comfortable with yourself is the best feeling in life.

Eddie Hearn · 23:00

That's actually when you become really powerful and effective.

Eddie Hearn · 23:30
#self-acceptance#confidence#ageing#energy