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Lessons from the NFL

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The National Football League kicks off another season this week. In honor of my favorite sport, I thought I'd bring you some tips from the football world. Some of these are only tangentally financially related, but I found a lesson in all of them.

How to Deal with Adversity

This summer professional sports in America had a couple of public relation nightmares. Both of these quotes I grabbed from one of Peter King's Monday Morning Quarterback, one of my favorite reads each week.

The Michael Vick dog fighting situation was much talked about but perhaps the best quote was by the Atlanta Falcons coach:

"When you have a crisis involving one of your players, and this certainly is a crisis, I believe you do three things. You mourn properly, you do something positive for someone deeply affected by the crisis -- someone like [Owner Alan] Blank -- then you get back to putting your energies into what was important before the crisis. That's what we've done." - Bobby Petrino

This sounds like solid advice for anyone in a crisis such as this. I'd only add that it's worth it to look into an the ounce of prevention. If they had been following their biggest franchise player, they have known it long before they committed so much money to him.

How to Prevent Adversity

The NBA had a problem with one of their officials betting on games he was officiating, definitely a huge conflict of interest. The NFL Commissioner was quick to address the NFL officials:

"Let's be thankful it wasn't us. But let's react like it was." -- Roger Goodell

Looks like Mr. Goodell here is learning from someone else's mistakes. Sounds like he's going to put preventative measures in place to ensure that it doesn't happen in the NFL.

How to be More Productive

Football coaches script their first 20 plays before the game even starts. Incorporating that idea into his own life, Steve Rubel says he scripts out five things he'll do at the office the next day.

Value of Education

Even if you make millions, education is still important. The USA Today article is about how many players are taking classes at top business schools.

Other Ideas

If you are still looking for more tips on how to apply football to your real life, perhaps you should read Winning the NFL Way: Leadership Lessons From Football's Top Head Coaches. Let me know if you like it.

Last updated on August 1, 2011.

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9 Responses to “Lessons from the NFL”

  1. Matt Wolfe says:

    This is a great article. It’s especially great because I, too, am such a huge football fan. I really like Roger Goodell’s response to the whole NBA fiasco.

  2. Miss DJ says:

    Great post. I am a huge football fan and loved reading this, especially the quote about dealing with a crisis.

  3. Star Money Articles for the Week of September 3…

    Here are some recent interesting posts from the MoneyBlogNetwork and beyond: Blueprint for Financial Prosperity asks why airlines can overbook flights. Consumerism Commentary has had a lunch conversion. AllFinancialMatters details the highs and lows of…

  4. Tuesday is when I share good things. | How I Will Be Rich says:

    […] Man and Money looks at what can be learned from watching the NFL. “Lessons From the NFL” is an especially great article for me because I love football! Go […]

  5. […] before that article, I posted some lessons from the NFL which included some advice for what to do in a crisis. The final step was “get back to […]

  6. Self Improvement eBooks says:

    I personally think Roger Goodell was the best thing to happen to the NFL in the last 10 years. Fans are tired of these “special” athletes acting as if they are above the law and the society owes them something. The game needed to be cleaned up. Too bad the NBA doesn’t have the guts to do the same.

  7. […] think that Oprah reiterated what Bobby Petrino said about dealing with adversity. In case you missed it, here’s a recap. Greive properly, attend to the situation at hand, and […]

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