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Jim Citrin Leadership by Example

Jim Citrin, Leadership by Example

Action Plan for a Dream

by Jim Citrin

Good (54 Ratings)
2.425928/5
Posted on Tuesday, February 5, 2008, 12:00AM

When I got together with 25-year-old former basketball star Michael Evans a couple of weeks ago, his conundrum (described in my previous column) was how to continue to lead a travel basketball team comprised of five Catholic and five Protestant high school boys in Belfast, Northern Ireland, with limited money, insufficient resources, a demanding job as an overnight journalist with Cablevision Systems' News Channel 12, and virtually no spare time.

A Plan of Action

Michael continues to believe that through his basketball and social program, there's an opportunity to have a positive influence on many young men and women in Belfast who are at a vulnerable stage of life. But, as he told me, "The hours and my budget are taking their toll. I like what I do here at Channel 12, but I find myself lacking motivation to do anything else. It may well be stemming from not knowing what to do coupled with a lack of sleep."

The question was how, given this feeling, Michael could forge ahead. Here's the plan I came up with:

Step 1: Develop his gripping, inspirational story into a book.

A published book will bring Michael credibility, and will open doors to other possibilities. I recommended and Michael has now read "Publishing Confidential: The Insider's Guide to What It Really Takes to Land a Nonfiction Book Deal" by Paul B. Brown, which is the best guide for how to publish a nonfiction book.

I was also able to introduce him to an accomplished literary agent who believes deeply in Michael's story, and now Michael is writing chapters and a book proposal to get the book sold to a publisher.

Step 2: Present the program to influential people or organizations.

Specifically, people or organizations that will find it in their self-interest to support Michael's cause with money and reputation. One example is the NBA, which is making a major push internationally (including the recent announcement of NBA China), and which revels in opportunities to promote the league's public image.

Another idea is for Michael to make a proposal to Cablevision, which might be interested in sponsoring an inspiring cause led by one of its own entrepreneurial employees (and getting positive public relations as a result). Other potential sponsors are companies that do business in Ireland, such as Microsoft, eBay, NCR, Starwood, and many other multinationals.

In addition, various international organizations like the United Nations' Sport for Development and Peace initiative, governmental and quasi-governmental agencies such as chambers of commerce, and even embassies and consulates are all likely to respond well to the opportunity to support a program like Michael's.

Step 3: Contact nonprofit organizations with similar missions.

Nonprofits that use sports to bring about positive social change could also provide a home or funding for Michael's program. Examples include the UN's Sport for Development and Peace, Laureus, and Right to Play.

If Michael can't get traction with an established organization, he should create his own nonprofit entity to house the program's efforts. He shouldn't underestimate the arduous process required to create an organization that qualifies for not-for-profit status with the IRS, but the effort would be well worth it.

Such status would allow Michael to raise money on a tax-efficient basis for donors, and it would also facilitate him being able to build an influential board of directors comprised of individuals who have a personal interest in his cause and want to help make it a reality. Whether his program becomes part of another nonprofit or Michael creates one for himself, the fact that he's working on the program without regard to earning money will make it difficult for his motives to be misinterpreted.

Step 4: Perfect the program.

This entails figuring out operational details, budget, staff requirements, timeline, and so on, and putting it all together into a cohesive business plan. With a plan and funding in place, Michael can then recruit the necessary staff to take his program forward.

Step 5: Be ready to build on the success of the program.

This is accomplished through savvy branding, intellectual-property and rights protection, and program enhancement. As far-fetched as it might seem today, Michael also shouldn't underestimate his story's potential as a documentary or feature film. He should also consider the program as a vehicle to tap into the growing business of community-service travel and educational vacations.

Step 6: Focus on the core mission.

Getting the program perfected, funded, and operating is the primary goal, so my advice to Michael is to approach Cablevision and try to secure a paid leave of absence in order to achieve it. Or, if he simply can't keep up the overnight pace and earn enough to make ends meet, he should consider finding another job such as sales that will pay more and provide the necessary flexibility to pursue his plan.

Two Key Lessons

Regardless of how Michael's story ultimately unfolds, it holds two key lessons for anyone motivated to pursue success: 1) Don't be afraid to set ambitious goals for your work and life as long as you can build a specific, credible, multidimensional plan to achieve them, and 2) The more your goals are directed at benefiting people beyond yourself, the more likely you'll be to achieve success by inspiring others to support you along the way.

I hope you find inspiration in Michael Evans' ambitious quest, and that the plan he and I came up with serves as a template for how you pursue your goals. If you'd like to share additional ideas with Michael, write me at dynamicpath@spencerstuart.com and I'll pass them along.

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17 Comments

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  • Yahoo! Finance User - Wednesday, February 6, 2008, 3:24PM ET  Report Abuse

    • Overall: 1/5

    This is yahoo finance and this article has nothing to do with finance. Jim stick with the plan of what your suppose to write about. I think its quite clear the reader could not give a hoot less about your has been basketball star. Get back on track!

  • HappyOldCarOwner - Wednesday, February 6, 2008, 12:47PM ET  Report Abuse

    • Overall: 5/5

    I love the "What?" responses. I'm sorry you guys don't get it. Jim is showing a clear cohesive template for putting your plans together if you plan on striking out on your own. This not a detailed plan for you, but it shows the basic steps and the huge time and effort that is required. It is very useful in this entrepreneurial day and age. I guess everyone wants the quick and effort free diet to lose weight, and they also want the quick and effort free way to make it rich. Thanks Jim for giving us a peek at what it takes to put something like this together.

  • groblix - Wednesday, February 6, 2008, 10:46AM ET  Report Abuse

    • Overall: 5/5

    This gives me an idea. I'm going to write a book. I'll put Citrin in the acknowledgements. See you on the best seller list!

  • Steven - Wednesday, February 6, 2008, 10:39AM ET  Report Abuse

    • Overall: 1/5

    So is this an advertisement or an article? Maybe this guy should write articles giving advice to Ptrunk and Anya -- they could use some advice.

  • Yahoo! Finance User - Wednesday, February 6, 2008, 10:30AM ET  Report Abuse

    • Overall: 1/5

    What?!?

  • Yahoo! Finance User - Wednesday, February 6, 2008, 10:17AM ET  Report Abuse

    • Overall: 1/5

    Jim, can you please write an article that is relative to finance? Yahoo, can you please fire Jim? Oops! I forgot tht Jim is paying Yahoo to publish his articles.

  • New World Investor - Michael Murphy - Wednesday, February 6, 2008, 10:15AM ET  Report Abuse

    • Overall: 5/5

    I read the original column, thought about what I would tell Michael, and read all the negative comments. This "solutions" column is very solid. A book deal will bring an advance that lets Michael take a leave of absence from his job to both write the book and pursue the sponsorships idea. One possibility I would add is that he can leverage the published book into a speaking career (see KeviinHogan.com) and start making $100K a year with a flexible schedule. As CEO of the nonprofit, he'll be able to draw some salary, and also have time to write a follow-on book (with an even bigger advance, of course). A movie deal would just be a bluebird. Thanks, Jim, for a practical solution to Michael's situation. I have forwarded it to two people in similar situations. To the whiners: Michael is about to transform his life, become a six-figure earner doing something he loves that will help the planet, thanks to Citrin's free advice. Look in the mirror and ask where your life is going, and what your obituary will say.

  • Nick Name - Wednesday, February 6, 2008, 9:41AM ET  Report Abuse

    • Overall: 1/5

    Write another crappy book? Everyone is writing books these days! Is this Citrin character being paid by publishers to get people write more books? And people to buy them? Tell him to set up a website instead - of course theres no money in that for Citrin. More worthless advice we cant use. This would be more appropriate as a personal letter to basketball guy, not EVERYONE! What the heck am I going to do with this article? I could print it out and wrap fish with it.

  • Jonathan and Kelly - Wednesday, February 6, 2008, 9:33AM ET  Report Abuse

    • Overall: 2/5

    The solution to Michael's lack of time is to write a book?! 1. I guess the team will have to wait a few months for Michael to be finished with his book proposal...and publishing. 2. Now I understand why there is such an enormous amount of low quality books been written nowadays: people are more and more utilizing their spare time to write pamphlets.

  • John - Wednesday, February 6, 2008, 9:28AM ET  Report Abuse

    • Overall: 1/5

    Advertisement #2: Looks like the author gets 10% commission on any monies raised. Sure you care about (yourself) the kids. Come clean for full disclosure.

  • Yahoo! Finance User - Wednesday, February 6, 2008, 8:12AM ET  Report Abuse

    • Overall: 3/5

    I agree with the two key lessons. Even if your business is a for-profit business, if you focus on helping people the money will follow. Unfortunately the story didn't hold my interest. Sometimes I think you write more for your benefit than the reader's benefit. Even if most readers aren't interested, you get to promote one of your clients which probably gives you more business so maybe the joke's on us...I'd really like to hear about leaders, past and present, that have ethically built a successful business. Something I can use. Not more anecdotes from one of your clients.

  • SandyLady - Wednesday, February 6, 2008, 6:56AM ET  Report Abuse

    • Overall: 1/5

    (YAWN).....can we please get back to relevant topics? This would be best placed in a "lifestyles" forum, not finance.

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