Sponsored Links

Wednesday, August 6, 2008

What the Green Bay Debacle Can Teach Us



First off...I love football. I am not a big pro sports guy, but I enjoy all levels of football. From little kids playing Pop Warner, to High School, College and the Pro's, for me there is no better drama in sports.

Even though I am no Green Bay Packer fan (Go Cowboys!) I can't help trying seeing parallels in our own career path that we need to understand.

For those not following the story; basically Brett Favre, a future Hall-of-Fame Quarterback for Green Bay (GB), decided to retire at the end of last season. It was a shock, given that the team well over achieved expectations. It wasn't a shock though that it was coming. A 15 year veteran, he had hinted at it for two years. Brett retires, team moves on, new QB, other personnel changes...then Brett decides he made a hasty rash decision and he wants to come back...(cue record scratch sound). Team says we have moved on, Brett say fine trade me to this team. GB says nope, they are our rival and it would hurt our fan base, but you are under contract so we control that move.

It gets worse from there, now there are rough feeling etc.. It isn't resolved as of this writing, but probably will be this week.

So...how does this ties to personal finance and career advise?:

  • No matter how good you are, you are replaceable - Brett's one of the best ever, but the team has moved on
  • If you don't own the business, you don't hold the cards - Brett is famous, rich and well liked...But see #1. It doesn't matter if you are the star performer, the business can move on without you
  • Don't make rash career decisions - If Brett had not rushed his retirement call (even if pushed) he wouldn't be in this spot with no leverage.

Its a sad story for a sports hero, team and fans to learn that even the best, eventually, are displaced. But it is a lesson we all should know too.

13 Comments:

heidi@bankergirl.com said...

Great post - nice tie into career!

Also, I love the Packers, so you get bonus points for writing about my team.

Dawn said...

Your bullet points also are applicable to Aerosmith letting Steven Tyler go. Geez ... I sort of thought he was Aerosmith!!!

RacerX said...

@ Heidi - Ahh...now I know! No Problem and thanks!

RacerX said...

@ Dawn - Huh? Steven isn't out of Aerosmith. We are working on a promo with Joe and Steven now (if Joe ever gets back from Vacation!)

There was a bs story in the Onion, which is a joke newspaper...nmot true to my knowledge, just talked to their management this week!

Dawn said...

Gosh ... I swear I read somewhere that he got let go! Oops, my bad!

Dawn said...

Yep ... it was the Onion, now that I think about it.
Gosh you mean everything I read on the internet isn't true?!!!
I'm so disillusioned :-)

Anonymous said...

Please use a basic grammar check; your writing is hard to understand.

RacerX said...

Anonymous - If that is your real name...This blog is for fun, and I write in a conversational style. If not your cup o' beans totoally understand and best wishes.

Betty said...

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Betty


http://www.my-foreclosures.info

Anonymous said...

christian louboutin
boots
high heels
womens boots
heels
women's shoes
knee boots
women's boots
black shoes
boots shoes
new shoes
high boots
black boots
manolo
Chloe
christian
----------------------------------------------
christian shoes
manolo blahnik
giuseppe zanotti
miu miu
christian louboutin pumps
christian shoes spring 2010
salvatore ferragamo
jimmy choo
choo shoes
christian louboutin shoes
christian louboutin pumps
manolo sale
blanhnik shoes
miu miu shoes
knee high boots
thigh high boots
knee high
pumps shoes
red shoes
brown shoes
leather shoes
louboutin size shoes
black leather shoes
leather shoes boots
designer shoes
women's sandals

zoe said...

Account opening free * No AMC life long(Minimum amount required to trade/open trading account - 50,000 to 1L.Client should trade minimum 5 lots in Nifty Options/Nifty Futures)
***Free portfolio Guidance available on special request***
CALL PUT TRADING
OPTION
TRADING

CALL PUT OPTION

It was Nice Post. I haven't seen such a Post life this!

sandeep@W3logics said...

I loved the way you narrate the post… Thanks for that
Best Buy Promo Codes for all bestbuy products, Bestbuy provides great discount deals to its products.Best Buy Promo Codes @ BestBuyPromoCodes.net
http://bestbuypromocodes.net

CFP Certified Financial Planner said...

Thats true.. all businesses are like that. Every player is replacable, and so is every investment plan. There are many investment plans which were a hit 2years back, but now they are RETIRED.

Sponsored Links

Great Deals