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078 BUSINESS<br />
THE CLOSING BELL BY JACK GUINAN<br />
BIZ TIP<br />
PRESSED<br />
FOR SUCCESS<br />
For last-minute business<br />
trips, quickly sorting,<br />
folding and packing<br />
clothes can be tough.<br />
Enter the Luggage-Free Valet<br />
from Garde Robe (www.garde<br />
robeonline.com), a wardrobe<br />
storage and valet service that<br />
will keep a “satellite” closet for<br />
your clothing and accessories in<br />
a climate-controlled New York<br />
City loft. You request items by<br />
phone or on the website from<br />
your cyber closet, and they’ll<br />
ship them to your hotel in readyto-wear<br />
condition (with a return<br />
shipping label). So instead<br />
of worrying about packing a<br />
suitcase and wrinkling your<br />
clothes, you can dedicate all<br />
your energy to closing that deal.<br />
(Rates start at $350 per month.)<br />
GO MAGAZINE OCTOBER <strong>2009</strong><br />
Playing to Win<br />
HOW A LOCAL TV STATION<br />
BECAME THE BIGGEST NAME<br />
IN THE GAME<br />
Faces painted in team colors, people<br />
shouting at the top of their lungs for their<br />
favorite players—sports fans are among<br />
the most loyal and dedicated audiences in<br />
the world. Yet back in 1979, if you weren’t<br />
at the game, there were few options to<br />
watch the action on TV, beyond mere<br />
minutes of highlights on the evening news.<br />
That all changed when a small group of<br />
sports fanatics led by Bill Rasmussen began to show Connecticut college sports and New<br />
England Whalers’ hockey on leased satellite space, creating the Entertainment and Sports<br />
Programming Network, better known as ESPN. The network, which is celebrating its 30th<br />
anniversary, has since become synonymous with sports media.<br />
Anthony F. Smith, managing director of Leadership Research Institute, has been a<br />
consultant at ESPN for more than 20 years and is the author of ESPN The Company: The<br />
Story and Lessons Behind the Most Fanatical Brand in Sports. Here, Smith shares some of<br />
the secrets behind its success.<br />
Avoid the myth of single-person leadership.<br />
“Leadership is really a shared phenomenon. One of the things that ESPN picked up pretty<br />
quickly is that while each executive has been very strong in their own way, they needed to<br />
surround themselves with other effective people who could fill in areas where they were<br />
not as skilled.”<br />
Hire passionate employees.<br />
“Even if you manufacture cardboard boxes, [employees]<br />
should be fanatical about something, whether it<br />
be the job, the opportunities in the cardboard factory<br />
or the fact that they have a great boss. If you’re working<br />
for an unglamorous business and it’s hard to get<br />
excited about the product or the content, you better<br />
have great people.”<br />
Take risks and reward the effort.<br />
In 2006, ESPN launched the Mobile ESPN phone, a cell<br />
phone that offered access to games and sports news at<br />
all times. The business was more complicated than they<br />
expected, and the Mobile ESPN phone was shut down<br />
less than a year later.<br />
“When [former CEO] George Bodenheimer said that we were closing down the phone<br />
business, he also said, ‘This was a wonderful effort and that’s exactly what makes ESPN<br />
what it is,’ and he really went out of his way to reward the effort. If you say, ‘I want people to<br />
take risks,’ and then fire the guy if the outcome fails, it becomes clear how your organization<br />
really feels about risk. ESPN really pushes all of its people to think outside the box.”<br />
PRESSED FOR SUCCESS ILLUSTRATION BY TIM VIENCKOWSKI