Meaning of the word "have skin in the game" in English

What does "have skin in the game" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

have skin in the game

US /hæv skɪn ɪn ðə ɡeɪm/
UK /hæv skɪn ɪn ðə ɡeɪm/
"have skin in the game" picture

Idiom

1.

to have a personal interest in something, especially a financial one, because you will be affected by its success or failure

Example:
The investors only agreed to fund the project if the founders also had skin in the game.
If you want people to trust your advice, you need to have skin in the game yourself.
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