A partnership is a type of business structure like a corporation, an LLC or a sole proprietorship. You can learn more about business structures in online sneaker education or any beginning business classes. For now, let’s focus on partnerships.

There are two types of partnerships: general and limited. In a general partnership, two or more people carry on the business for profit and act on behalf of the company, either as agents or in some other type of binding capacity. The people involved could be individuals or corporations.

A limited partnership is basically the same as a general partnership, but at least one of the partners will be a limited partner. Limited partners can act on behalf of the business without being liable for the debts and obligations of the partnership.

Designing sneakers in a partnership has advantages and disadvantages over using other business structures.

Advantages of Partnerships in the Sneaker Industry

As a partner, unlike a sole proprietor, you’re not by yourself. One of the biggest advantages is that you don’t have to make business decisions alone. You can have partners to share the work and come up with ideas. You can take on employees, and you can create a much bigger construct for your business.

You can also obtain outside investments, which is impossible to do under a sole proprietorship. You can raise capital and do more with your business.

There aren’t many formalities in a partnership, but there are certainly more than in a sole proprietorship. The interests of a partnership can also be assignable, which means that if someone comes along and wants to buy your business or buy out a partner, you can assign those interests to someone else.

Limited partners are not personally liable for the acts and obligations of the partnership. The big advantage for a limited partner is owning a stake in the company without the financial risk. This is a huge advantage over a sole proprietorship in which the owner has unlimited personal liability for the debt of the company.

Partnership Disadvantages

What are some of the disadvantages of a partnership when you’re creating sneakers? First of all, a partnership is not considered a separate legal entity from the individual partners that are running it. General partners can have unlimited personal liability, just like in a sole proprietorship.

For general partners, a person’s interests can also dissolve upon death. That means that the partner’s estate, spouse, or the party who would normally inherit their assets will not get that interest. It would go back to the partnership.

Something else that can be a disadvantage or an advantage, depending on how you like to treat your taxes, is pass-through taxation. The only way to avoid the individual income tax burden is to structure your business as an S-Corp or an LLC that’s taxed as one.

How Do You Form a Partnership in the Sneaker Industry?

Like sole proprietorships, partnerships are created with very few formalities. In fact, you can form them just by carrying on business with one or more partners. This can vary from state to state, but typically the requirements are pretty lax.

You may need to register your company in the state where you’re doing business. Design courses and sneaker education courses that focus on the business side should stress the importance of a legal partnership agreement, too.

Formal partnership agreements are recommended but not required by most state laws. However, we highly recommend that when you enter into any kind of a partnership with business associates you should consult a lawyer to create the partnership agreement.

I would say that to some degree, sneakers have always been aspirational. Stan Smith would be wearing a pair of tennis shoes, and you might think, wow, I could get the same pair of shoes as the guy who won Wimbledon. Then there’s also Eric Jordan being its own thing. But if you look at a show like MTV Cribs, that kind of brought it all together.

Before MTV Cribs, you would see a celebrity in whatever his or her role was, whether it be a rapper, or actor, or athlete, and you’d see bits and pieces of it. Maybe you would know what car they drove, or you’d see a picture of their house, but that show kind of brought everything together. Suddenly it was like, you would see the same person who owned a Rolls Royce or Ferrari, and a huge pool, and a 600-bedroom house with an entire closet dedicated to their sneakers.

That was the first time you really got to see inside a rapper or celebrity’s sneaker closet. Or, if you’re a sneaker-head, you probably remember the rapper Fat Joe opening up his crates of white Blanco Y Blanco Air Force Ones and licking the soles of them. And then there were just these moments when they’d go into the closets of celebrities, you would know who was really into shoes and who wasn’t.

Probably the biggest one was Fat Joe licking the bottom of his sneakers, which a lot of people then imitated to a degree. Hopefully, they didn’t lick their shoes for real, because as someone who’s been around plenty of pairs of new and old sneakers, I would not recommend it, as they definitely don’t taste very good.

Overall, though, it gave it all context. It showed you how important shoes were in relation to a lot of other things in their lives. Maybe someone didn’t have a t-shirt closet or a video game closet, but they would have a sneaker closet. They would have a room dedicated to their shoes. Maybe your parents didn’t quite get it but seeing that could have been something that helped clue them in. They could see that even if their kids made millions of dollars someday, they would still love sneakers.

If you have an interest in learning more about the sneaker industry or media, give online sneaker education a try. If you have an interest in a sneaker education, there’s no reason why you can’t get started learning right away.

Years ago, there was a website called Dress Like Kanye West. It was run by a guy who actually ended up working at Complex, who now works at Adidas—a very smart guy. But these kinds of sites were popping up because Kanye’s influence at the time was so crazy that everybody wanted to know what he was wearing.

Now, Upscale Hype is a website that’s basically devoted to breaking down people’s outfits. Now Complex does a lot of this kind of thing. When these brands started doing it, that’s around the time we started seeing the shift in people wanting to act cool and act like they don’t pay attention to what celebrities are wearing. But it isn’t true. Everybody pays attention.

Back then, Kanye was at the forefront of having a whole website devoted to what he was wearing, breaking down his outfit. If he was overseas, and he wore some obscure new clothes, people were trying to find out what they were. In a way, this paved the way for how sneaker culture has developed since then.

Whether it’s on Instagram or another social media medium, it’s about being first to post that a certain person was wearing these sneakers. Or that this person just debuted these. Or LeBron James just wore these. And now you can even see it through the tunnels in NBA and NFL games. There is such an appetite now for big stars and athletes to walk through the tunnel and see what they’re wearing, and then it immediately goes online.

And these aren’t even just sneaker blogs that are posting this stuff. It’s also sports blogs posting it. These days, you get the sense that everyone knows that the cameras are watching. Everyone is taking a more deliberate approach to fashion and being seen, and brands are working with celebrities and athletes to make sure that the debut of a shoe that everyone’s waiting for is spectacular and happens in the biggest way possible.

In the past, there wasn’t as much content to see what celebrities were wearing, especially on their feet, and not broken down the way it is now. And because that has changed, everything has changed. I know that at Complex, for example, everyone is always rushing when someone debuts something new to get a post up on Instagram because it helps to build the hype machine and help build up steam for those releases.

These newer things like the celebrity co-signs, celebrities being photographed all the time, and celebrities deliberately working with brands to debut sneakers for big events have really changed sneaker media and the way that it operates.

To learn more about how the sneaker industry and media are evolving and growing, consider exploring the world of online sneaker education. If you’ve been looking for an affordable and accessible means to achieve a sneaker education, it can serve as an amazing option.

Sneaker YouTube is a growing genre where there are several different types of videos and content that are being made. You have higher-end productions like Complex’s “Sneaker Shopping With Joe La Puma,” where he takes celebrity guests to sneaker stores and then interviews them, sees what they purchase, and gets their thoughts on sneakers.

You also have debate shows like the one I’m involved with on Sole Collector called “Full Sized Run.” And you also have a lot of independent creators out there making their own vlog-style content who aren’t attached to any media company. The video might be going through their day, they might have a new pick up they want to show, they may have their thoughts on some sort of sneaker content, or they might even have beef with another sneaker YouTuber. And it’s always usually first-person style following them around the city if they’re on tour if they’re going to a Sneaker Con event, or just what’s going on in their life.

And people really get attached to these personalities. You have guys like Qias Omar, who has a lot of vlogs. You have someone like Jacques Slade, who’s known for his unboxing videos. It’s a true unboxing where he takes boxes and cracks them open right on camera, and you find out what’s there. They don’t let you know in the title what their shoes are, so you get the feeling of suspense.

If you’re in the know about footwear, you probably have a feel for what’s in that box. But for a lot of kids, they get excited. Unboxing videos are huge on YouTube right now. You have people unboxing Disney characters that have tens of millions of views. It may seem like pretty silly content, but there really is some excitement around seeing the unknown and having it revealed in front of you.

We do the unboxing videos. We do the decor content. But we’re also trying to figure out ways to look at things through a different lens. One way is through our game show on Facebook called “Price the Hype,” where we took the format of a similar show on TV (which I won’t name) and injected sneakers into it.

We make up these mini-games where we force a person to actually pretend to buy their shoes with an app we built and then take a photo of their shoes to do a real quick flex. If they do that, they win a challenge. If they don’t win the challenge, maybe we pour chocolate syrup on the $1,000 pair of sneakers that they were trying to get!

There are also some debate and opinion style shows like “Full Size Run” or “Quickstrike,” where it takes on an ESPN “Around the Horn” feel. There are people with opposite views on the same sneaker or sneaker-related topic, and they debate.

Indie Media Creators Hold Brands Accountable

A lot of people accuse sneaker media of being too safe in terms of their relationships with brands and with stores and them being afraid to call people out. We created the show so we could do just that. And some of the people at the brands aren’t happy about it, but we’re glad that we get to speak our voice.

A lot of sneaker media is very objective, and it’s just giving you the straight facts about what’s happening, what’s releasing, how did this release go down, things like that. We’re there to give our own opinions, tell you why we think this shoe was a garbage fire, why we think this shoe is better than other people realize, why this designer messed up, things like that.

There’s a couple of reasons why you need to remain authentic in sneaker media. One is that the brands really need you more than you need them. You’re here to serve the community, not necessarily the brands. I think a lot of people let that slip and don’t realize to what extent they need to be honest with people about exactly what happened. And I understand because it’s a difficult relationship to maintain. If you’re going to tell people how Adidas messed this thing up and you’ve got a contact at Adidas, it makes them look bad. But you’ve got to tell the truth.

Also, you have to think about your authenticity when a brand approaches you with some type of partnership. Maybe you’ve got enough of a social following for them to want you to take a little bit of money to post something on your Instagram.

The first question is, do you actually like that thing? Is that a shoe you would actually wear? The second thing is, is it going to alienate your audience or your followers if you’re on there shilling with a hashtag ad post about how much you like this shoe? I’ve taken money to post things on my Instagram before. I got plenty of hate for it, but it was a shoe I actually liked, and I felt comfortable with it.

Can Social Media Make Money for Creators?

There’s a lot of different ways to get paid off of social media. There’s traditional ad revenue where you’re getting a cut of the ads from YouTube. Influencers might be offered sponsorships where a brand might come in and offer them a nice check to exclusively wear a certain brand in their videos. And there’s a traditional corporate sense, which I fall into, where the company gets the ad revenue, and you get a salary. When I started out as a freelance writer, I was getting paid per story. It may start out as a passion project, but there are different ways to actually pay your bills through sneaker media.

There’s also vlogging, which is a popular format in sneaker media. Take examples like Money Kicks, who is a 16-year-old kid who just happens to have billionaire parents and wild exotic animals at home. You know, he documents how he lives his life. And it could be Fat Joe and Khaled coming by his place to meet his monkey or his lion! Another one that we use at Complex is called “Life at Complex,” where it’s Tony. It’s just his day-to-day life or just things that go on at the Complex office. One aspect is opening the mail that we get from our viewers. We get a lot of really cool promotional packages from a lot of different companies, and not just from sneaker brands.

So, there’s a lot of different formats. There might be one that doesn’t even exist yet. I think the most important part is knowing that there’s going to be an audience for something and doing something that you know will give a unique point of view on footwear that hasn’t been seen before. There are a lot of ways to get into sneaker media. You don’t just have to be a blogger or a YouTuber, which is what most people first think of when they think of sneaker education. You can just run a really good curated Instagram or Snapchat account.

One example that comes to mind is Corgishoe. He’s built a following based on just buying sneakers on clearance and then storing them for years before he sells them on his Instagram. And people will find him, and they’ll say, I remember these. I forgot these existed. He’ll resell them on his Instagram and then delete the photo right after. It’s all about finding a niche or finding a way that is, one, relevant to you and that an audience is looking for.

Our show “Full Sized Run” all started off as a Facebook Live broadcast every week before it got to YouTube and before we had sponsorship money. You look at DJ Khaled’s Jordan partnership. I feel like that started off when he was a real pioneer in using Snapchat first and cultivating an audience.

There are also these super-niche audiences. One guy that comes to mind is Brad Hall. His unboxings are kind of a mix of dry humor and comedy and an actual unique point of view on products. He’s not really taking himself too seriously. The quality of it is almost something that could be seen on Comedy Central. That’s just one example of how you can have a super targeted audience outside of just the Complex’s and the Sole Collectors and the Sneaker News and the Nice Kicks talk.

Personally, I’ve never done an unboxing. But the content, in terms of unboxings in the sneaker industry, that I really like to consume are people whose voice I really trust. Authenticity is really important when it comes to unboxing. You have WearTesters.com. You also have Nightwing, who really puts sneakers to the test, and he’s very unbiased. If it works for this, if it doesn’t work for this, he’s going to tell you.

In such a crowded space of unboxing, you really need to separate yourself through authenticity. There are tons of shoes that come through the Complex office nonstop. If we were giving the same amount of attention and the same amount of review time and not really pulling at the idiosyncrasies of what makes this sneaker better than the other or this sneaker better than the one we’ve reviewed last week, then no one’s really to take you seriously.

When I think “authenticity,” I think a straight review of who, what, where, when, and why, but also what this is best for and what this is not best for in terms of a sneaker. That’s going to reign supreme and is currently really separating people when it comes to unboxing on YouTube. But consistency is the thing that makes you stand apart, and basically, the audience taking your word as legitimate. That’s part of your online sneaker education right there.

You also must refrain from ever faking an audience. And always remember to be true to your fans. It’s a big deal. So, you could have the sneaker unboxing. Reviewing sneakers can be a really crowded area, but some people are doing it right. Consistency is key. And it may sound cliché, but your word is your bond when it comes to standing out in a space that’s already severely crowded.

If I were doing YouTube unboxings, I would always look for a different angle. If the review thing is not my thing, maybe it’s something about how these look with this style of jeans. Or I would get into putting an outfit together with these sneakers and then establish some sort of rating system.

But whatever it was, consistency and something that’s a little different than what’s happening in the unboxing space. It gives you a great opportunity to stand out. But really, your voice, your consistency, and how much your audience trusts your word reigns supreme when it comes to stuff like this.

Even with something as simple as an unboxing video, there are a lot of different factors you have to consider. How many other people already have these shoes at the moment that I’m unboxing them? How fast can I turn this video around? Can I be the first one on YouTube who has these shoes? Because if I wait too long to edit it, there are already 20 other people who got sent the shoes from the brand, and I’m not really adding anything new. Just a bit of sneaker education to pay attention to here: you’ve gotta be able to bring something new to the table.

As far as adding things that are new, you have to have your own perspective, your own voice, because just showing the product is not going to set yourself aside enough. If people care about who you are and they care about your opinions, then they’re going to be willing to listen to what you think about these shoes. Now, people don’t necessarily give their actual opinions in these videos because they might be scared of offending the brands or the person who sent in the sneakers gratis.

But that’s a different story. Basically, you have to present these things in a way that’s unique. You can’t just show the product. In my opinion, in unboxing videos, the product is the star. That’s kind of different from a lot of these sneaker YouTube videos, where the person is the star. In unboxings, it is all about the sneaker, too, so you have to make sure you have gratuitous sneaker-porn type shots in there.

You have to show the shoes. The shoes have to look good. If the lighting isn’t on point, if the shoe is out of focus, you’ve just got to start over. In making an unboxing video, the first thing I want to think about is, “What’s coming out soon that people really care about?” In any given week, there are a lot of shoes hitting retailers, and most of them aren’t going to be worth your time to create content around.

What’s the biggest show releasing that week? What’s the limited collaboration that there’s not a lot of content around just yet? The second question is, “Can I get that shoe? Who can I rely on to get that shoe?” A lot of times, the person at the brand may have samples. They may be able to send you a pair. But they might not be able to get you a pair quick enough.

Do I know a person at a retailer who can help out with that? Do I know a reseller who might have an early pair who’s willing to lend me them so I can shoot a video with them and maybe even send some business their way? Even if you don’t have access to a brand-new shoe that’s coming out, there’s still a lot to talk about with shoes that have been out or shoes that came out before the advent of a lot of this stuff.

Even if you think about the SEO aspect, what are people searching for? What’s the shoe that came out 20 years ago that there might not be a lot of information about it online? Can I make a video about that that will populate in Google search results? And people will come, and watch the video, and learn more about the shoes, learn more about me, maybe even subscribe to my YouTube channel.

What are the holes in that space that I can fill in that aren’t necessarily about new shoes, or what’s coming out next week, or what’s coming out two months from now? After that, it’s figuring out what exactly we want to tell about this shoe in a short time span. Two to three minutes is usually a good time to shoot for.

How much information can we get in there? How much is too much? And then also, we kind of try and make it a little bit funny because we feel like the whole unboxing thing, a lot of people might take it too seriously. So, we try to give people a reason to come back, and hopefully my brilliant humor shines through in that.

One popular trend in sneaker culture right now is unboxing videos. And the best unboxing videos are the ones that are the most creative, whether it be camera angles or the suspense of what’s going to be shown, or if it’s just that the product is such an amazing one that people need to see it. Those are a few of the things that make a good unboxing video. However, what also makes a good unboxing video is a good host. Someone who can interject humor into their own personality in a way that adds to the product. When the host is able to do that, it gives you a real reason to want to watch it.

For the most part, people are unboxing all of the same stuff. One of the biggest criticisms about sneaker media in general is that oftentimes, the hosts aren’t as informed as maybe they should be. They don’t necessarily take the time to do the research before getting on camera, but they’re still making statements without really knowing what they’re talking about.

So, if you’re going to make an unboxing video, or any type of sneaker YouTube video, you should go into it with an informed opinion, and probably already have an idea of the things that you’re going to say. Or, at least talk about a subject that you feel confident giving factual information about. This is a good idea because if you’re going to have potentially hundreds of thousands of people watching it, you don’t want to be giving them the wrong info.

There are thousands of sneaker-related Instagram and Twitter accounts out there that you can follow. But which ones are actually worth spending your time on? Well, it kind of depends what it is that you’re looking for. The brand accounts are kind of obvious because they’re going to end up in your feed regardless. Usually, it’s best to look for the accounts that can give you something you aren’t seeing elsewhere.

There are a lot of good resellers to follow. There are guys like @solestreetsneakerco in New York who sometimes have some good information before the official accounts really do. Vintage sellers are also worth following too because they show you a lot of history that you don’t necessarily see on regular sneaker websites. A couple of these are Gusto in Japan or Doggsfoot. They come out with posts showing crazy pairs that you totally forgot about, or didn’t even know existed.

Leaker accounts are also good to follow because they’ll show you what’s coming out way ahead of time. Some of these accounts, like @pinoe77 can help give you an idea of what’s going on behind the scenes in the sneaker industry.

Hashtags are important because they’re a fun way to talk to others in the sneaker community and create little moments around what people are discussing. We use them a lot on our show “Full Size Run,” just to reference moments that we’ve talked about before or reference the hashtag “team early.” That’s the hashtag that someone might post on Twitter or Instagram when they want to show off about getting a new pair of sneakers a couple of weeks ahead of time.

These are just a few of the ways that people in the sneaker industry and community use social media to interact and share information. And it’s great to see how the advancement of technology can really help grow these kinds of communities.

Online sneaker education allows you to learn more about how the sneaker industry and community have changed and evolved, and it’s the perfect way to get your sneaker education with nothing more than an internet connection.

Young people have a lot of stories to tell. It’s important to explore finding your own voice. Have that conversation, even if it’s just with your friends and family to start, but make it something that can eventually be consumed by a larger audience. You need to have a true, common storyline and theme in the sneaker industry. Following what other people have already gotten popular off of isn’t going to help you much because you’re jumping into a crowded pool.

Kicks, the magazine, was something that grew out of Slam. Slam is that connection between culture and basketball, and sneakers are something that sits right on that edge. Sneakers are not something that transcends basketball. Obviously, basketball transcends sneakers.

A Visit to the Nike Campus

We knew that in order to find the sneaker history, the online sneaker education, a lot of that was at Nike, at their campus, and at the Wieden and Kennedy offices. It was a matter of convincing Nike to bankroll this. At its most base editorial level, it was a couple of guys who found something they were fascinated with and wanted to find answers to. If this was something we were interested in knowing about, there were probably a lot of other people interested in knowing about it as well.

In many ways, we had it easy, because people hadn’t done this before. People hadn’t gone to Wieden and Kennedy and asked about the Spike and Mike ads. People hadn’t gone to Eric Cooper and asked about him designing Scottie Pippen’s new shoe yet. Now that stuff is fairly commonplace.

Gaining a Sneaker Education

Sneaker media and Kicks and Bobbito’s story opened this lane to anyone who wanted to try and fill it. There’s something out there that you don’t know the answer to, but you’re interested enough to seek it out. To find what that answer is and talk to the right people and look at the right sources.

Find Your Unique Audience

Chances are, other people are going to want to know the answers too. That’s the way to open whatever the next lane of sneaker media will be. Because, like it was for us, the audience is there. The audience is waiting for you. They just need the right thing, and maybe you’re going to be the one to provide them with that.

If I were a sneaker exec now, I’d be pretty excited about the way a new shoe can get marketed or the way a retro shoe can get remarketed. The second a sneaker gets released and goes into the general market, you have so many people on social media being creative in doing things around it and hoping to share it with like-minded people. Back in the ’80s, and even in the ’90s, it was a very straight line. The company produced the sneaker, and a creative agency produced a commercial. The commercial was used to sell that sneaker, and that was pretty much it.

The consumer bought it, and the consumer wore it. The consumer maybe bought it and put it away. But the company was on to the next thing. By the time the commercials came out for the Penny II, they were deep into the Penny III. They were pretty much done with it.

Sneaker Education in Marketing

The retro market has obviously done something to change this, and the resale market has, too. We can dislike resellers all we want but it’s a reality that’s not going away. Look at consignment shops. Sneakers have a secondary life. The lifespan doesn’t end when the design is done, and the factories are producing it.

You get to remarket these shoes. If I were a sneaker company exec, I’d be looking to the consumer. This doesn’t have to be a one-way thing where the company produces the shoe and says, “Here you go.” I think the company can produce the shoe, say, “Here you go,” and then say, “What do you think? What do you want to do with it?”

Social Media Lessons for Online Sneaker Education

Whether it’s an unboxing video or a sneaker shopping episode with someone who doesn’t necessarily endorse your product talking about it, there are just so many avenues. It should all be two-way. I think social media has opened that up to a degree. You can find all these different sneaker designers on Instagram.

And they’re not hugely popular. Sorry, sneaker designers, you’re not Justin Timberlake. You won’t have hundreds of millions of followers. But the good thing about that is, you might be able to actually talk to these people.

When I was at Slam, if I wrote a story, three months later it might get published. A month after that I would get letters about it. Now, if I write something online, I’m getting responses on Twitter immediately about how terrible it is or how good it is. The feedback is so fast.

With sneakers, that shoe isn’t going to go away. That campaign isn’t going to go away. You can be part of it. So it’s interesting to see where it goes. As much as brands are speaking to you, they’re also listening to you, whether it’s at round tables or focus groups.

Before, people would have to pay you $200 to go to a focus group and listen to them talk about some shoe. You, as a millennial, could tell them what you think about it. Now those conversations are going on every day everywhere. And there’s no reason why you can’t be part of them. And there’s no reason why you can’t change what happens in the future.

I think the two most important people you have to talk about when you talk about early sneaker industry media are Bobbito Garcia and Russ Bankston. These are two people that anyone who’s into sneaker education or wants to write about sneakers should know about and study. These are guys who convinced bigger platforms that there was a reason to talk about sneakers beyond in the sneaker store, beyond in your living room. These are the kind of guys who made it a point to talk about sneakers on a bigger level to a national audience and even to an international audience.

That really paved the way for people like me to be able to have a job in the industry because now so many more people realize that these are things that readers and audiences care about. Russ is important because sneaker media, writing about or even caring about sneakers, is a relatively young thing, and it’s important for us to have older people whom we can look up to who have been around long enough and who remember these stories. A lot of these stories rely on brands to tell you, and you can’t always trust the brands when it comes to online sneaker education. You need to have actual people who were there who remember these things. Russ is one of those guys. Actually, Russ is that guy.