331. DWTS Flashback: Val Chmerkovskiy on the Business of Dancing, Betting on Yourself & Making It to Dancing With the Stars
Summary
Val Shmerkovsky, a 14-time U.S. national champion and Dancing with the Stars legend, discusses his journey from competitive ballroom to television stardom. He shares insights on balancing artistic integrity with commercial success, navigating career setbacks, and the importance of "delusional optimism." The episode also covers his business ventures, including co-founding Dance With Me Studios, and his perspective on the show's move to Disney Plus.
Topics discussed
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Introduction of guest Val Shmerkovsky
Reviewing DWTS achievements and gratitude
Motivation and the reality of professional dance
Monetizing dance and the impact of social media
Costs of training and early career influences
The small world of elite ballroom dancing
Brother's initial refusal to join DWTS
Val's decision to join DWTS and career goals
Hobby vs profession and financial realities
Transitioning from competitor to TV professional
Adapting style and learning from other pros
The concept of delusional optimism
Navigating inconsistent performance results
Challenges during the pandemic and self-reflection
Importance of transparent communication with partners
Stepping into conflict and resolving rumors
Negotiating compensation and market value
Equity vs compensation and business ethics
Coexistence of DWTS and other dance shows
DWTS move to Disney Plus and production value
Production budgets and recent season quality
Business ventures and future expansion plans
Final trading secret: not taking things personally
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