Saturday, July 4, 2009, 2:47PM ET - U.S. Markets Closed.

Jim Citrin Leadership by Example

Jim Citrin, Leadership by Example

From Sports Legend to Business Superstar

by Jim Citrin

Excellent (112 Ratings)
4.008932/5
Posted on Tuesday, July 10, 2007, 12:00AM

Unlike many sports stars, who flounder once their athletic careers inevitably come to a close, Roger Staubach made perhaps the most successful transformation from sports champion to business leader ever achieved.

The example his story sets is widely applicable for anyone committed to achieving success.

A Born Sportsman

Staubach, an only child, grew up in Cincinnati, Ohio, and loved sports as a boy. "I had an instinct to play sports and devoted a lot of time and energy to them," Staubach says. He started playing baseball at seven years old and later moved on to football, but it wasn't until his senior year in high school that he played quarterback for the first time.

He thrived in that position and won an appointment to the U.S. Naval Academy, where he became arguably the greatest quarterback in the institution's history. Staubach won the Heisman Trophy in 1963 during his junior year.

Despite his success, he wasn't selected in the 1964 NFL draft until the 10th round. Most teams were frightened away by Staubach's navy commitment, which required him to work for five years in the service before breaking into the NFL.

He finally got his chance on the field when he joined the Dallas Cowboys in 1969 as a 27-year-old rookie. Staubach became starting quarterback in 1971, and for the next nine seasons he led "America's team" with distinction, guiding the Cowboys to six NFC championship games, four Super Bowl appearances, and two NFL championships (winning Super Bowls VI and XII). He was inducted into the Pro Football Hall of Fame in 1985.

Lessons from a Business Star

Today, Staubach is chairman and CEO of The Staubach Company, a market-leading global real estate advisory firm with 1,200 employees in 58 offices representing 2,200 clients. The company completes more than 5,000 transactions a year with values approaching $20 billion. It was one of the first real estate firms to focus on the users, as opposed to the owners, of office, industrial, and retail space.

How did Staubach make this transformation, and what are the key lessons from his life and career? Their power derives from their simplicity and clarity:

• Preparation

The most important thing Staubach did in his professional life was lay the groundwork for his post-football career a decade before he retired. "When I started playing pro football," he says, "I knew that if I was injured I was still going to be a young guy with a family to support.

"So to prepare, in 1970 I started working in the off-season for the Henry S. Miller Company [the largest independent real estate brokerage firm in Texas, founded in 1914]. I also knew that if I just retired one day cold-turkey, it would be very difficult to start over again from a standing start." Henry S. Miller Jr., son of the company's founder and CEO of the firm, was Staubach's mentor. "He gave me a desk, a phone, and really taught me real estate," says Staubach.

Staubach's role model for planning was Cowboys coach Tom Landry. "Coach Landry was a great leader," he says, "and his greatest strength was in preparation. He was an industrial engineer. He had carefully set goals that were reasonable, believable, achievable, and measured. His philosophy was that spectacular achievements come from unspectacular preparation.

"If I hadn't had those years in the trenches with the Miller Company, it would have been very difficult to transfer my eleven years in the NFL to starting over again in business," Staubach continues. "If athletes want to have a successful post-sports career today, they need to invest the time to be able to transfer their experience from one field to another. That means that they've got to give up the golf tournaments and all the things that athletes often do in the off-season."

• Hard work

Along with sound preparation, another central tenet of achievement is the easy-to-support but difficult-to-achieve quality of hard work.

"No matter what you do in life," Staubach says, "success is not going to happen easily. It's a result of hours and days and weeks and years of constant work and dedication. You have to pay the price and you can't quit."

He continues, "There are a lot of things you learn from sports that you can transfer to business, but if you don't pay the price and devote the necessary time and energy, those qualities simply aren't transferable."

• Teamwork

"I think teamwork is an absolutely critical quality in business today," says Staubach. "It isn't just about people who fall into step. It's about those who respect the importance of people other than themselves. I've known some CEOs who have been great role models for me, and the common denominator is how they treat people with respect. I've also seen a lot of arrogant executives who may have had some success, but for whom it's all about them. That's not a sustainable model.

"As an athlete or in business, if it's all about you, you might be able get away with it for a while," Staubach believes. "Even if you have a lot of talent, you'll have only limited success -- it's just the wrong formula.

"Take Lance Armstrong out on his bike. He had a team working with him building his bike, training, [drafting him] on the road, and performing many other functions. There was very much teamwork at play.

"Life is like an HOV lane," Staubach concludes. You've got your goals and ambitions and you want to get there, but you've got to take someone with you."

Rate This story

Excellent (112 Ratings)
4/5
Sign-in to rate!

10 Comments

Showing comments 1-5 of 10Next >>
Sort: first to last
  • healthcare.bizdev - Wednesday, July 11, 2007, 5:58PM ET  Report Abuse

    • Overall: 1/5

    I like the article concept here, but it sort fell flat. Tell us something we don't already know....something beyond everyday common sense.

  • followlane - Wednesday, July 11, 2007, 5:53PM ET  Report Abuse

    • Overall: 5/5

    Great success story. Bottom line is - Hard Work stupid! Nothing is free!! You get what you pay!!!!

  • seawolf - Wednesday, July 11, 2007, 4:22PM ET  Report Abuse

    • Overall: 2/5

    I think that such articles can give a wrong impression to some of the young people out there. While it is great to have the ideas to focus on other people and promote team work, you have to think about #1 to make at least the first brake. Would Roger get that real estate training and mentoring if he was just a kid from college starting out with nothing? Unlikely. So, work hard, plan, think about #1, and do build your business on team work and co-operation, but do no forget that if the “team” leaves you behind, it will not be much of the success.

  • mcain1957 - Wednesday, July 11, 2007, 4:08PM ET  Report Abuse

    • Overall: 4/5

    I knew Roger when he first got started in business and he is a fine man who sincerely cares about people. I was the lowest level employee in our buiness and yet Roger never left the building without stopping to chat and ask about myself. A really fine individual.

  • gozeek - Wednesday, July 11, 2007, 3:44PM ET  Report Abuse

    • Overall: 4/5

    I competed in 4 Olympic gams and retired 9 years ago. Each of his points are valid with distinction! Particularly the part about taking people with you.

Showing comments 1-5 of 10Next >>
The columns, articles, message board posts and any other features provided on Yahoo! Finance are provided for personal finance and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of Yahoo! and there is no implied endorsement by Yahoo! of any advice or trading strategy.

Recent Articles by Jim Citrin

More from Jim Citrin

The Dynamic Path

The Dynamic Path is a framework to live by if you aspire to reach your greatest potential in sports, business, public service, and life in general.

Based on three years of research and candid interviews with many of the world's most inspiring athletes and leaders, The Dynamic Path shows you how to develop the mind of a champion, avoid the "perilous perch," and build an enduring legacy, among many other personal transformations.

Order your copy today.

View more about Jim Citrin

More from Yahoo! Sources

  • CNN Money
  • Consumer Reports
  • Kiplinger
  • The Motley Fool
  • Business Week
  • Wall Street Journal

Sponsored Links

Online Personals
Post & View Profiles of Singles Near U. IM, Email, & Video Chat Today.
SingleLiveChat.com/personals
Jobs Report: $5500/Month
Our team investigates making money posting links online! Read now….
Jobs-athome.info
$74/Hr Job - 132 Openings
Make Money - $74 Per Hour From Home. On CNN, NBC, CBS & FOX News.
www.MiamiCityPost.com
$46/Hr Job - 132 Openings
Realistic $46 Per Hour Home Based Jobs No Fixed Schedule Great Pay.
www.localdispatchnews.com
Do You Know Your Credit Score?
Want a New Car or Home? First Get a 100% Free Credit Report Right Now.
TriFreeCreditReports.com/free
I Got Fired- and It's Been Great
In One Year I Went From Fired to Making $6K+ Every Month- Here's How.
MyGoogleMoneySecret.com

Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data and daily updates provided by Morningstar, Inc. Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.

Yahoo! Answers is provided for informational purposes only, and no Q&A is intended for trading or investing purposes. Yahoo! shall not be responsible or liable for the accuracy, usefulness or availability of any Q&A information, and shall not be responsible or liable for any trading or investment decisions based on such information. View Complete Answers Disclaimer.