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Savannah Bananas / Banana Ball / Fans First Entertainment

by Jesse ColeLaunched 2015via My First Million
Growthword of mouth
Time to PMFApproximately 8 years in Gastonia, major shift in Savannah after first game in 2016
Pricingsubscription
The Spark

Jesse Cole's journey began not with a grand vision but with a shoulder injury. At 23, this college baseball prospect from South Carolina had received letters from major league scouts—the Mets, Padres, Pirates, Braves. Then he tore his shoulder, and that door slammed shut. His father was a coach, his whole life had been baseball, so the natural next step seemed obvious: coaching. He tried it at the prestigious Cape Cod League, surrounded by future all-stars who would fill major league rosters. "I was bored out of my mind," he recalls. It was a Walt Disney moment—sitting in the best seat in the house, realizing that even excellence could be boring. He made a decision: "I don't want to coach. What if I got in the front office and tried to make the show and the entertainment better for fans?"

Building the First Version

At 23, Cole took a job as general manager of a college summer baseball team in Gastonia, North Carolina—one of the worst teams in the country. The numbers were grim: 200 fans per game, $268 in the bank, expenses doubling revenue, and he couldn't pay himself for three months. He started with $100,000 in annual revenue, running everything himself—the trash, hiring, concessions, operations, putting up signs around town just to convince people to come. "It was exhausting," he says.

But Cole was obsessed with learning from the greatest entertainers: Walt Disney, P.T. Barnum, Bill Veeck, WWE, Cirque du Soleil. He wasn't trying to learn baseball—he was learning entertainment. He discovered Veeck's idea box philosophy: "Ideas are more valuable than anything." He started coming up with ideas constantly. Some worked (grandma beauty pageants, trash can nachos called "heart-stoppingly delicious," players dancing), others flopped (salute underwear night, flatulence fun night). He developed a core principle: "Whatever's normal, do the exact opposite. No one gets excited about normal."

For eight years in Gastonia, he and his wife Emily did everything. They never hit $1 million in revenue, but they grew consistently—$100K to $200K to $300K, eventually to $800K. He bought the team from the owner in 2014 through owner financing. The criticism was relentless, but Cole didn't care. "I was having the time of my life," he says. "Every day I got to create new things. I got to test ideas in real time."

Finding the First Customers

In 2015, Cole made a massive bet. He took the college summer team concept to Savannah, a city that had rejected professional baseball. He and Emily got married on October 10, 2015, got the keys to Savannah that same week, and were completely out of money three months later. On January 15, 2016, at 4:45 PM, they couldn't cover payroll. He emptied his personal savings account, then Emily said: "We have to sell our house."

They moved into a garage converted into a studio—"the grossest thing I've ever imagined." They had a twin air bed and shopped with $30 per week ($20 and $10 bills at Walmart) for 42 meals. They sold just two tickets in their first three months. His wife walked into shops offering free food, free drinks, everything—and was literally told to get out.

Then came the turning point: they needed a team name. Everyone suggested traditional names—the Spirits, the Ports, the Braves. One person suggested "Bananas." Cole and Emily locked eyes and knew immediately. "Go bananas," Cole said. They imagined the Banana Nanas (senior dance team), the Banana Baby, the banana band. It was perfect. And then they announced it and got crucified locally—booed at the St. Patrick's Day parade two weeks later. But nationally, the logo was sports center's logo of the year. Attention beats marketing every time.

What Worked (and What Didn't)

Opening night in Savannah, they sold out. Cole had also committed to something radical: every ticket all-inclusive—burgers, hot dogs, chicken sandwiches, soda, water, popcorn, dessert, all night long, no ticket fees, no convenience fees, $15. They had no idea they'd go through 10,000 pieces of meat in an hour. Food ran out, lines were three hours long. But people watched the show. They watched the Banana Baby, the band, the players dance. And then they told everybody.

From that first night, the momentum shifted. Within a year, they had multi-million person waitlist for tickets. On TikTok, they have 10 times more followers than the New York Yankees. They went from $100K in revenue in Gastonia to $1 million in their first year in Savannah (2016). They created an entirely new sport—banana ball—with rules that prioritize entertainment: 2-hour games, trick plays, backflip catches, celebrations, players interacting with fans in the upper deck.

Cole's creative process became legendary. Every morning, before consuming anything, he creates. He journals, he reads deeply (he has entire bookshelves dedicated to single subjects—100 books on Walt Disney, shelves on P.T. Barnum, Amazon, Steve Jobs, Taylor Swift, Marvel). He generates 10 ideas per day, every single day, in physical notebooks. He's obsessed with "parallel thinking"—seeing what works elsewhere and making it his own. When he learned that 70% of MrBeast's YouTube views come from outside the US, he immediately hired Spanish-speaking broadcasters, Japanese-speaking broadcasters. He hired book reports from his employees, paying them to read and share learnings. He studies everything: Grateful Dead's direct ticketing model, Taylor Swift's 3-hour-45-minute shows ("over-deliver"), F1's storytelling.

He developed 11 Fans First Principles (11 is the potassium symbol K, and bananas are full of potassium): Be fanatical about the fan, entertain always, play the long game, do the opposite of normal, ideas are everything, stay constantly curious, sweat the details, focus on fewer things done better, be relentlessly resourceful, uphold the highest standards, always-plus the experience. In 2020, they eliminated all sponsorships and non-banana-ball events to focus solely on becoming the greatest show in sports.

Where They Are Now

Today, the Savannah Bananas are valued at approximately $1 billion. They've expanded to multiple teams, including the Annapolis Clowns (bringing back a famous Negro League team with dynamic contortionists, mime umpires, strongmen, balloon artists, human cannons). They played their first game at Fenway Park with the largest crowd of the year. They hosted 81,000 fans in a football stadium with a 250-person halftime show. They're planning 100,000-seat stadiums, cruises, games on aircraft carriers, games on beaches.

Cole's chip on his shoulder—not being drafted, the constant criticism ("it's a fad, 15 minutes of fame")—drives him forward. But he's chasing moments, not money. He wants to build a world where the first ball kids pick up is a yellow banana ball, where banana ball is played globally. He's become a student of greatness, meeting with Bob Iger, heads of WWE, world-class musicians and athletes. He hosts them at games, lets them feel what they're building. He has a folder saved with every "fad" comment, every doubter. "Thanks for the inspiration," he replies.

Jesse Cole built something by doing the opposite of what everyone said was rational: taking college summer baseball seriously, naming it after a fruit, eating ticket fees and concession markups as investment in the fan experience, generating 10 ideas daily for 8+ years with almost no recognition, selling his house, studying entertainment obsessively, and never wavering from the principle that fans come first. From $268 in the bank to a billion-dollar brand.

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