Posted on 21 November 2011. Tags: Blog maverick, blogging, book, Business, Dallas Mavericks, Daniel Snyder, ebook, FORBES Sports Money, Major League Entrepreneur, Mark Cuban, Sport
“In most businesses, the only line that matters is the bottom line.” Mark Cuban, How to win at the Sport of Business
Mark Cuban, 1/2 of the MAJOR LEAGUE ENTREPRENEURS (ALONG with Daniel Snyder of the Washington Redskins) has written a ebook titled How to win at the Sport of Business. This ebook is a collection of previous his previous blog writings (See: Blog Maverick). Cuban states that the book was written to get people “fired up” and as a way to get motivated.
Check out the excerpts from the pre-release interview (Courtesy of FORBES Sports Money):
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What hurdles have you faced while running a major sports franchise?
In most businesses the only line that matters is the bottom line. In professional sports you have to win. In professional sports there is a far stronger emotional attachment to the team. All of which require a very difficult balance.
What separates the successful franchises from everyone else?
There is no template. Regardless of sport, commitment, focus, effort and luck are just some of the elements that go into a team having success. In every business, the owner has to determine what his or her strengths are and leverage them and find great people to compensate for their weaknesses.
What are some of the hardest decisions you’ve made throughout your career?
Firing someone is always the worst. I hate it. Recognizing and admitting you were wrong can be very tough when you are as competitive as I am.
Getting a job in sports marketing or management is extremely challenging for most graduates. What would you recommend to them?
You will have to read the book to get the answer to that one.
What inspired you to write this book and why now?
I have been blogging for 7 years. I have gotten a ton of requests to write a book. I had resisted because of all the work that comes with distributing a traditional book. With the revolution in book economics, it allowed me to price the book at under 3 dollars and sell it leveraging social media rather than going on a book tour. Plus the ebook format let me take all my blog topics and pull them together in an easy to read and enjoy presentation. It just made sense to do it now.
Posted in Industry Leaders
Posted on 06 October 2011. Tags: Anschutz, Arte Moreno, Business, Donald Sterling, Fenway Sports Group, forbes, John Henry, John Malone, Kroenke, Larry Ellison, Madison Square Garden, Mark Cuban, NUMBERS, Phil Knight, Red Sox, Rich, Rich DeVos, Roger Penske, Rupert Murdoch, Sports Business Daily, Steven Ross, Warren Buffet
FORBES magazines publishes an annual list of the 400 Richest Americans. Here is a list provided by the Street & Smith’s Sports Business Journal/Daily, of those 2010 list who have some financial interest in sports.
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The 400 wealthiest Americans “are worth a combined $1.5 trillion ($3.8 billion each, on average), up 12% from a year ago, according to FORBES’ annual survey of the richest people in America. An “alltime-high 70% are self-made, up from 55%” in ’97. Among newcomers to the list this year were Clippers Owner Donald Sterling, who makes his debut “thanks to rising real estate prices” in L.A. and Orange County, “where he owns 10,000 apartment units.” Fenway Sports Group Owner John Henry also joined the list for the first time. Angels Owner Arte Moreno, NASCAR/IndyCar team Owner Roger Penske and Bulls and Yankees stakeholder Lester Crown were among those dropping off the list from ’10. Listed below are billionaires with interests in sports from the ’11 Forbes 400 list (FORBES, 10/10 issue).
A Link to the List: http://www.sportsbusinessdaily.com/Daily/Issues/2011/10/06/Research-and-Ratings/Forbes-sports.aspx
Some notable names on the list include Warren Buffet, Larry Ellison, Phil Knight, Paul Allen, Rupert Murdoch, Rich DeVos, John Malone, Charles Johnson, Steven Ross, Mark Cuban, etc…..
NOTES: * = Anschutz’ properties under the AEG umbrella include ownership of the NHL Kings, MLS Galaxy, Dynamo, AHL Manchester Monarchs and ECHL Ontario Reign. AEG also owns stakes in the Lakers, WNBA Sparks and ECHL Reading Royals. AEG owns various arenas around the world, including Staples Center, the proposed Farmers Field, The Home Depot Center and Manchester Evening News Arena. ** = Kroenke Sports Enterprises owns the Rams, EPL club Arsenal, MLS Rapids and NLL Colorado Mammoth. Kroenke passed ownership of the Avalanche and Nuggets to his son Josh to satisfy terms of the Rams’ purchase. *** = MSG Inc. properties include Madison Square Garden, TV channels (MSG, MSG+, MSG Varsity), the Knicks, NHL Rangers, WNBA Liberty and AHL Connecticut Whale. ^ = Rich Entertainment operates the Triple-A Int’l League Buffalo Bisons, Double-AA Texas League Arkansas Travelers and Single-A N.Y.-Penn League Jamestown Jammers. ^^ = FSG properties include the Red Sox, Fenway Park, EPL club Liverpool, Anfield stadium, the Single-A Carolina League Salem Red Sox, an 80% stake in NESN and a 50% stake in NASCAR’s Roush Fenway Racing team.
Posted in Industry Leaders, NUMBERS
Posted on 08 September 2011. Tags: billion, career opportunities, Daniel Snyder, Financial, forbes, franchise, increase, Major League Entrepreneurs, owner, Redskins
FORBES magazine has just released its annual list of NFL franchise values. Daniel Snyder, 1/2 of the Major League Entrepreneurs, and also the owner of the Washington Redskins, has the franchise ranked #2 in value at $1.56 billion.
This amount is approximately a 6% increase in value since last season. A highlight of the Redskins financial picture is here, courtesy of FORBES magazine: http://www.forbes.com/lists/2011/30/nfl-valuations-11_Washington-Redskins_300925.html
NOTE: There are 15 franchises valued at over $1billion. Great Job NFL
Career Opportunities: Washington Redskins
Posted in Industry Leaders, NUMBERS
Posted on 21 December 2010.
We have recently added a NIKE Employment feed. The feed is updated in real-time, immediately listing new positions as the company makes them publicly available.
The NIKE Employment feed posts opportunities located in the U.S. and abroad. As with other employers in the Sports-Industry with a global brand, potential candidates seeking employment at NIKE will probably face intense competition, 400 applicants/position.
Be prepared. Know the industry and the company, a $20 + billion dollar publicly traded……..& growing.
Posted in Industry Leaders, NUMBERS, Résumé/CV/Cover Letter(s)
