Join the Masterclass now using this link: https://bit.ly/attendretireearlymc
(The Masterclass is going to be in English)
https://youtube.com/@onepercentclub12?si=iGkac_6DPcJUnH5v
⭐️ Think School’s flagship Communication course with live doubt sessions :
VIDEO INTRODUCTION:
Hi everybody,
The Paris Olympics are currently taking the world by storm.
US viewership of only the opening ceremony saw a total of 41.5 million viewers, India is expected to see 150 million viewers on JioCinema alone and India is winning a medal every single week!!!
And India is winning medal after medal in the Paris olympics!!
And amongst this hype, Nita Ambani, announced India’s interest in hosting the Summer Olympics in 2036. Now this seems like an insane move right?? We could host one of the biggest events in the world, millions of tourists would flock to India, India would become the epicentre enter of global attention, tourism would increase, we would make millions of dollars and the entire world would witness the grand Indian growth story right??
Well not really!! Because you know the Olympics are an economic disaster!! You don’t believe me look at this, While Beijing’s 2008 Summer Olympics cost over $40 billion it generated only $3.6 billion in revenue!! While Vancouver’s Winter Games in 2010 cost $7.6 billion, it generated only $2.8 billion. And London’s Summer Games in 2012 cost $18 billion but only generated $5.2 billion in revenue!! So with each olympics, the host country bleeds with billion dollars in losses!!
So the question is,
How can such a grand world event become a loss making venture?
Why is there such a false hype around the economics of olympics?
And most importantly, even with so much losses, why do nations still spend billions to host the olympics?
Qatar secret strategy- case study : https://youtu.be/ynVikeFUvW8
Our Best Indian Business Case Studies:
1. Asian paints – https://youtu.be/jGT6ob8hV6M
2. Amul – https://youtu.be/nnwqtZiYMxQ
3. Haldiram – https://youtu.be/Z7P-t_yc8gE
4. Lijjat Papad – https://youtu.be/EdpoEmifW7M
✅Study Materials:
1. https://www.carteinregola.it/wp-content/uploads/2015/09/The-economics-of-the-olympicsOlimpiadi-Baade-and-Matheson-.pdf
2. https://www.cfr.org/backgrounder/economics-hosting-olympic-games#:~:text=As%20the%20costs%20of%20hosting,and%20%2413%20billion%20in%20costs.
Think School is a Digital School that we all deserved, but never had
►►Check out Think School’s Online courses: https://www.thethinkschool.com
#thinkschool #businesscasestudy #geopolitics #olympics #sports #sportsnews
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
source
👉Join the Masterclass now using this link: https://bit.ly/attendretireearlymc
(The Masterclass is going to be in English)
https://youtube.com/@onepercentclub12?si=iGkac_6DPcJUnH5v
What about Japan
如果让印度举办奥运会，那绝对是世界性的灾难！🤔
The stats and knowledge are good. But I don't think "Ruin" is a suitable word in the title with India. Please change if possible. Thanks.
Agree. Get 50 gold medals before bidding for an Olympics Game.
Before IPL parents don't want their children to play cricket 🏏, but now a days parents don't say anything if their children play cricket and make it their career. Like this if Olympic come to India may be parents don't stress their children to only study and give them freedom for playing other sports. 🤷 You know it's called marketing by publicity for parents 😮💨
Endia doesn't have a toilet but wants gold silver and bronze????
😂😂😂
We don't have existing infrastructure and support systems, so it will obviously be a huge loss for us.
Please make a video explaining how recession in US will impact india economy and job market scenario
举办奥运是巨大的浪费
❤ i want badly olympics in 2036
After hearing reason u may laugh
I am damn football fan
I dont nothing to do with olympics and depth billion loss..
Hosting olympics will get india its1st proper top fifa rated football stadium .. after independence.. thats the only benefit i see..
If no olympics .. govt dont even bother building one ..❤
India's credit rating is BBB-. Do something about that first.
Thank you for the video
nice content
India is indeed like what its tourism slogan says, “Incredible India.” According to the global hunger index ranking among 125 countries, India ranks 111th from the bottom and is in severe hunger. Many ordinary people at the bottom in India can’t even have enough to eat. With such strength (failing to win a single gold medal on the Paris medal tally) and such national conditions, it still keeps thinking about hosting a high-end sports Olympics every day?
😅😅😅
China is still the winner, Bharat boy. China show the world that it has emerged as the economic powerhouse in the world. BTW India medal win in Paris olympic is 1 silver and 5 bronzes, which is equivalent to Zhang Yufei medal win in Paris. Cry India Cry,
First India must take care of its citizens pooping or defacating on the streets before ever dreaming hosting the prestigious Olympic Games
Suppose hosting olympics and not winning a single gold medal.
Corruption in all states
It's an opportunity for Politicians to do corruption. ( Eat all money) Like India did In Commonwealth games 2010. 😕
India is a poor country. Majority struggles for basic needs. 😕
Our youth too busy making useless reels on social media…not interested in sports…so no need to waste money.
We want the Olympic Games in South America!!!!! So , resign to the bid and let’s get Santiago 2036 a reality!!!
Not interested in advertisement such as Sharan.