2011 Villa 7 Consortium Notes
Jerry Colangelo
Book- “Return of the Gold”
Chicago-Hungary Hill-Two Railroad box cars for a house
Family + Commitment + Passion + Hard Work
66 College Basketball Offers- Kansas (Wilt) – He left Transferred to Illinois 1957
Elected Captain as a sophomore even though coach didn’t want it. Coach got sick and gave him a leadership role. They lose 9 in a row. He and the assistant are fighting.
Traded for great Chicago legend Sweet Charlie Brown.
Met Dick Klein who had a Dream of bringing Pro Basketball to Chicago 700K in 1966 (named Bulls) Payroll was 180K for 12 players.
Sports are the great equalizer, never intimidated by anyone who had money.
Thought about and absorbed how people make a better life through sports.
Was in demand for new franchises, went to Phoenix.
Was never afraid to fail, he knew he would get up again.
Must take a calculated risk. It’s okay to dream/fail.
27yr old at Phoenix asked for option to buy the team.
By 1987 he bought the team.
Lost the coin flip for Kareem. Had a contest in the paper to call heads.
Be willing to put yourself out on the plank.
2nd year was the greatest turn around in history, he coached the team. 1st time he ever coached.
Was an early proponent of college coaches coming to the league- found Dick Motta/ Cotton Fitzsimons, John Macleod. Butch Van Breda (coached 7 games) then he took over.
• Best you can
• Aspire for a head job
• Reaching for your goals/ set them high
• Passion is the key for him: Life, Faith, Career
• Communication- must communicate
• Integrity
• Leadership
• Courage
“The best executive can pick the men he wants and restrained himself from getting in their way”
“Make your job important and it might return the favor.”
“Don’t wait for your ship to come in, swim out to it.”
USA Basketball – Ask 2 things from David Stern | 2011 Villa 7 Consortium Notes
• No Budget
• Total Autonomy
All he had to sell was himself, change how people looked at U.S. and Americans
How do you change the culture? One on one, Eyeball to Eyeball
Dean Smith told him to hire Coach K
“Pop” had the most support of NBA guys.
Gold medal was the best moment of his life
Team
• Whole greater than the sum of its parts
• Put aside agendas
• Teamwork is the journey, and then victory is the destination
• Union of souls/Transcends
Success is getting up one more time
The climb up the ladder is more enjoyable than when you get to the top.
Price of Success is being willing to pay the price
The most expensive Sin is hate.
Don’t be afraid to fail | 2011 Villa 7 Consortium Notes
• Expect it
• Learn from it
• Go from it
Surround yourself with people who succeed and be a sponge
Better to be in that star for one day then to never get there at all.
Greatest accomplishment is being married for 49yrs
His management style- gives them rope
Wanted younger people who didn’t have bad habits
Can’t demand respect you must earn it.
Ethics are ethics, no distinction
How to deal with failure
• Don’t react too fast
• Listen/give it some time to respond
If your right 51% of the time in player personnel, then your way ahead of time
4th best record in history of the NBA
• Never had a center
• Never won a championship
• Won a championship fastest in baseball
Chemistry- Not an all-star team
Coach K | 2011 Villa 7 Consortium Notes
• Respect both ways
• Great communicator
• Better coach for the experience more open than he would ever be
• Preparation
• Leadership
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