Friday, August 28, 2015

Business lessons from fantasy football

This Year's Board
T'is the season when America's football fans get their statistical nerd on, and I am no different. I've also been playing in leagues since before the Internet, because the nerd runs all the way back to childhood... but in thinking about the exercise and the agency, it struck me that some of the rules that you play by have been of high value over the years in business.

1) Get Your VORP (Value Over Replacement Player) On.

Especially in an auction situation, good strategy is to go the extra mile to get players that have something special. In football, that usually means the player has talent to help you in more than one way (running backs who also catch passes, wide receivers that are good at multiple kinds of patterns, quarterbacks who can run for extra yardage, etc.). In marketing, it's creative people that make pieces that stand out, or can work in tight spaces. Difference makers, in other words.

2) Play your position. 

Most leagues have some form of draft order, which means that you will be making your picks with action likely from a few specific competitors. If you know what they need, and what they value (especially if someone acts on a real team allegiance), that is information you need to use to your advantage... because, rest assured, the other savvy players are doing it to you. In business, this is known as knowing the competition, and it's table stakes for doing work, but you'd be amazed how many people just come and play their own hand, without a care in the world as to how others are working them like a speed bag.

3) You can't win on Opening Day.

There's never been a league where I've drafted so well that I haven't had to work the bottom fifth of my roster like a day trader. Most seasons are too long, and injuries are too prevalent, to just set and forget, especially if you are any kind of league with quality competitors.

From a business standpoint, the corollary is that no matter what your starting advantage might be in a market, the grind is all -- and that winning a client is only the start of a long road. Motors are required.

4) Run through the tape.

Only one person can win a league, and at least a third of the players will know they have no chance halfway through the year. Far too many people will then use this info to throw in the towel and stop playing. Not only does this run the risk of ruining the game for others who are still in contention by making things easier on some members of the league, but it just shows poor character.

In business, the equivalent act is mailing it in as soon as you get a new job, or pulling the chute on a client that shows signs of leaving. Sure, it's defensible in the short term as a matter of prioritizing, but this is the kind of thing that people remember, and not well. It can easily become the defining aspect of your personal brand, and, well, deservedly so. Run through the tape.

5) Do it with your whole heart.

In my league, the winner gets an authentic old-school leather helmet, with the winner's name on a plate on the front of it. It's very stupid, but the extra mile matters, and ties the name of the league together, in a way that's distinctive and special. I also run the league as a real-world experience, with big labels and a room that's prepared just so. The people in my league have the choice to play or not, and any number of other leagues to join. They stay with mine, for the most part. I appreciate it.

In business, the same kind of commitment applies. Go all-in and sweat the details, because those details are how you separate yourselves from other professionals. The people at your company have the choice to work with you or not, and any number of other things they could be doing with their time. Make them want to stay with you, and appreciate you.

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Something else you should do with your whole heart: like or share this column. Feel free to also connect with me on LinkedIn, email me at davidlmountain at gmail dot com, or hit the RFP boxes on the top right. We offer copywriting, direction and strategy, along with design, illustration, photography, coding and hosting. The RFPs are always free. Hope to hear from you soon.

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