March Madness Creates Business Success

Each year there is the favorite storyline in the business section announcing the lost productivity in business during March Madness. For those who do not know, March Madness refers to the NCAA Basketball Tournaments for men and women that begin each year in March. There is a large group of teams that play each other through a defined bracket toward the ultimate Championship Game. The main draw is the NCAA Division 1 Basketball Tournament. There are other tournaments for Division 2 teams, Division 3 teams, and invitational’s such as the NIT.

There are official studies conducted by real companies that go into great detail describing how their studies support their numbers of lost productivity in business. The numbers are staggering as some studies reflect $100 million to $200 million in lost productivity.

The standard comeback is, “Seriously, you don’t think your employees and workforce are on the internet at work for personal use anyway?” Let’s not explore this discussion. A leader of a company will set the tone and the culture of the work environment.

The larger the workforce is, the more difficult it becomes to place your leadership finger print across the organization. As part of normal business practice, a variety of workshops and seminars may be conducted to bring your teams together to work better with each other. Keynote speakers are brought in to inspire and motivate your employees at all levels of the organization. Why not take advantage of the opportunity where so many people are involved in selecting and predicting the winners in the tournament brackets?

Why not create an environment where this interest among many people in your workforce can be utilized to teach team building and bonding?

Rather than a three day retreat, or a team building workshop offsite, you might create bonding and team building experiences through game viewing lunches or group bracket selection parties. Have speakers around connecting the dots so the teaching moment is not lost. If this is a way of life, why not embrace and work with the flow of energy devoted to this activity? Why not help create an environment and a culture which people look forward to being a part of every single day?

Yes, your dissenting voices are being heard, “But we don’t all care about this nonsense! It is a sport. It’s just basketball! When are you, people going to grow up?”

In my next article the topic will be about creating support groups within your organization. So don’t worry…I’ve got you covered.

Are you interested in inspiring and motivating your employees and workforce? Are you ready to create the type of culture where people want to show up and give their best every day? Contact Mitch Tublin today,

Entrepreneurs Find Inspiration From Sports

Many of my followers are not really sports fans per se.  Some proudly state “I don’t watch sports!”  Hey, that’s cool with me!  I am not here to change you.

What I would like to discuss with your permission is share a few recent stories you may enjoy reading about from the sports arena.  The main reason is there are lessons to be learned by entrepreneurs from the wide world of sports.  It just so happens a few of these stories are taking place right now.

This is the time of year called “March Madness”.  The best college basketball teams from the men’s and women’s college programs compete in bracketed tournaments all across the country to determine which teams are the best in the country from the women and from the men in the NCAA.

Geno Auriemma is the head coach for the University of Connecticut, UCONN – Huskies, NCAA Division One Women’s Basketball Team.  He has been their head coach since 1985.  His coaching record is amazing. UConn has won 6 National Championships under Auriemma (1995, 2000, 2002, 2003, 2004, and 2009) and made the Final Four 11 times[ (1991, 1995, 1996, 2000, 2001, 2002, 2003, 2004, 2008, 2009 and 2010). Auriemma has also guided UConn to 15 Big East regular season titles and 14 Big East Tournament titles. The current team has been undefeated since a game in the season before last season ( 2008-2009 ). In a recent interview, Geno was asked what keeps him going.  Here is what the six time Coach of the Year said: “The fear of Failure.  I always think, if we don’t do this or we don’t do that, I will be found out and I will be considered a failure.”  This statement as his UCONN Huskies prepare to play for the NCAA Women’s Championship on Tuesday, April 6, 2010 in San Antonio, Texas.

As an entrepreneur, do you ever think about failure?  Here is one of the games best coaches ever, saying he is driven by his fear of failure! How do you motivate yourself and not get caught up in the fear of failure?

Coach Krzyzewski is the head coach for the Duke University – Blue Devils NCAA Division One Men’s Basketball team.  He has been their head coach since 1980.  He is another coach with a phenomenal record.

Nicknamed “Coach K“, Krzyzewski has led the Blue Devils to 3 NCAA Championships, 11 Final Fours (tied for second most in history), 12 ACC Regular Season Titles, and 12 ACC championships over 30 seasons at Duke. Krzyzewski has amassed an NCAA-record 76 NCAA tournament victories, while averaging more than 25 wins per season. On March 1, 2008, Krzyzewski became the sixth men’s basketball coach in NCAA history to reach the 800-win plateau. He was elected to the Naismith Memorial Basketball Hall of Fame following the 2001 season.

In a recent interview by ESPN, Coach K was asked about the Butler Team he was about to face in the NCAA Championship Game at Indianapolis on Monday, April 5, 2010 on CBS Sports.   Coach K said what was special about Butler, a school with a total enrollment of less than 4, 000 compared to Duke with almost 4 times that number, was the fact that every single player believes that they are going to win.  The media and everyone else thinks they, Butler, are underdogs, except no one told the Butler players or coaches that.  They just believe, in fact, know in their hearts, that they are going to win every single time they step on that court.

Do you believe, as an entrepreneur, that you will be a success?  Do you know you are going to fulfill your dreams and goals no matter what anyone else has to say?  How do you turn off the noise from the naysayers and follow your dreams?

Brad Stevens has been the head men’s basketball coach at Butler University – Butler Bulldogs – NCAA Division One since 2007.  His record places him near the top of the list in the history of NCAA men’s basketball coaches in terms of his record in his first three years as a head coach.  The real inspirational story about Coach Stevens is how he became the head coach at Butler.  He held a well paying position as a marketing associate at Eli Lilly and Company in Indianapolis.  Stevens felt that something was missing.  This job just was not what he was meant to do.  In June of 2000 he left Eli Lilly to pursue a career in basketball coaching, joined the Bulldogs’ staff in 2000-01 as coordinator of basketball operations under head coach Thad Matta.  He was offered a full-time assistant coaching position by Lickliter one year later.  He did not become the head coach until April 2007.

Are you following your calling as an entrepreneur?  Do you know this is what you are meant to do?  How have you ‘cut the cord’ so you would be able to really commit and focus on your entrepreneurial dream?

I hope these stories provide inspiration to you.  They do for me.