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Tim Ferriss · 2023-11-02

Guy Laliberté, Founder of Cirque du Soleil | The Tim Ferriss Show

Cirque du Soleil founder Guy Laliberte tells Tim Ferriss how a busker built a billion-dollar entertainment empire from the streets.

Guy Laliberté, Founder of Cirque du Soleil | The Tim Ferriss Show
The guest

Guy Laliberte: Founder of Cirque du Soleil, One Drop Foundation, and Lune Rouge; former street performer, fire breather, and accordion player who built the world's largest theatrical circus company before selling it in 2015

What this episode covers

In his first long-form podcast, Guy Laliberte traces his path from a curious Quebec kid inspired by National Geographic, Expo 67, and the moon landing to busking across Europe at 18 and eventually founding Cirque du Soleil. He shares hard-won lessons about street-learned negotiation, surviving near-bankruptcy on the trust of a union banker and 250 suppliers, and the pivotal Las Vegas partnership with Steve Wynn. He also speaks candidly about childhood sexual abuse by priests, how music and travel saved him, and his philosophy of love over fear in business and life. Now in his sixties, he is launching new entertainment ventures to reunite with old performers, transfer knowledge to a younger generation, and become 'a good ancestor.'

Recommended on this episode

BookRecommended

Blue Ocean Strategy

W. Chan Kim and Renee Mauborgne

“also a great book worth reading”
“blue ocean the Blue Ocean strategy also a great book worth reading that gets more into this concept but which was a test case story”— Tim Ferriss

The guest's own work

BookBy the guestISBN verified

The 4-Hour Workweek

Tim Ferriss

“prior to that I wish I had personally had Shopify in the early 2000s when I was running my own e-commerce business I tell that story in the 4-Hour Work week”— Tim Ferriss
MediaBy the guest

Mystere (Cirque du Soleil, Treasure Island / Timeless Kiss)

Cirque du Soleil

“we develop a concept of show it's called Timeless kiss but Timeless kiss is the first show which is a but M okay m Island”— Guy Laliberte
MediaBy the guest

Nouvelle Experience (Cirque du Soleil)

Cirque du Soleil

“I said we have a new show it's called experience have you seen no I want you to see it”— Guy Laliberte
MediaBy the guest

O (Cirque du Soleil)

Cirque du Soleil

“they were giving us all the money we want to create the most amazing show and oh is an example of it this like Masterpiece”— Guy Laliberte

Also referenced (named, not recommended)

MediaReferenced

National Geographic

National Geographic

“the first program we watch was a National Geographic program that showcased basically something I've never seen in my life which was animals that doesn't exist in my hometown”— Guy Laliberte
BookReferencedISBN verified

The Prophet

Kahlil Gibran

“the text was about kale Gibran the prophet yeah I have a copy at home the page about the children I said the children are not your children”— Guy Laliberte
MediaReferenced

Siegfried & Roy (Mirage show)

Siegfried & Roy

“then suddenly Mirage arrived there and the zig and Roy show was there and it's my the not the entire show the first 20 minute it was like mindblowing”— Guy Laliberte

Big reveals from this episode

  • Three childhood moments shaped his life: his father bringing home the first color TV showing National Geographic, attending Expo 67 in Montreal almost daily, and watching Neil Armstrong walk on the moon at summer camp.
  • At 18 he went to Europe with open tickets for a year and only $50 in his pocket, busking across the continent and returning home with more money than he left with.
  • Laliberte reveals he was nearly raped by priests at a Montreal boarding school around age 10-11, that a friend died by suicide, and that he once carried his abuser's address planning revenge before ripping it up and throwing it away.
  • The idea for Cirque du Soleil was born at the closing show of a street-performing festival in Baie-Saint-Paul when a thunderstorm killed the electricity and performers were lit only by fire flame.
  • In his government pitch he brought two documents: a color version of his real 1.7 million dollar project and a black-and-white version capped at 999,999 dollars, using street-learned strategic thinking to win the larger contract.
  • Cirque was technically bankrupt after a Niagara Falls disaster; a union banker repeatedly broke the rules to release payroll funds and ~250 suppliers agreed to postpone payment in installments because they believed in the young team.
  • Steve Wynn cold-called after Caesars and the Hilton both rejected Cirque shows as 'too esoteric' and 'too complex,' striking a deal partly to lock Laliberte away from competitors while he built Treasure Island.
  • At its peak Cirque was responsible for 6% of Las Vegas's roughly 40 million annual visitors and controlled nearly 39% of all entertainment tickets sold in the city.

Worth remembering

  • Paris was Laliberte's home base in Europe because he spoke French, from which he traveled to festivals and gigs across the continent.
  • In 1980 he ran as a candidate for Quebec's joke 'Rhinoceros Party' during a federal election.
  • He held a pyrotechnics license and considered himself one of the best fire breathers in the world, even designing his own fire-manipulation devices.
  • The name 'Cirque du Soleil' came from Hawaiian Big Island sunsets that inspired him and the sun's symbolism as the energy of youth; Hawaii became his lifelong decision-making retreat.
  • Cirque's first bank account came from a union bank that normally financed labor strikes, the only institution willing to advance money without collateral.
  • For the 1987 LA Festival opening in Little Tokyo, Laliberte negotiated a truce between two rival street gangs and hired them for security, parking, and concessions instead of letting them sell drugs.
  • Laliberte's contracts open with a first page describing the 'spirit' of the deal, not legal terms, which he considers an antidote against betrayal and litigation.
  • Wynn agreed to the Mirage deal having only seen Cirque once in Santa Monica in 1987; he signed before seeing the new 'Nouvelle Experience' show.
  • At a private viewing, Wynn called the future 'Mystere' show a '[expletive] German Opera,' which director Franco Dragone took as the highest compliment.
  • Laliberte cites Meow Wolf as a 'second generation' company inspired by Cirque, noting he personally knows some of its founders.