On June 29th, NFL coach Herm Edwards spoke to the league’s new college recruits.
There’s a reason people say that Wall Street and sports have a lot in common — all of his advice applies to working on Wall Street.
The bottom line: if you went into it for the money, you probably won’t make any.
You can watch Herm Edwards speech (it’s in three parts) on Youtube. We’ve watched it and summarized the advice he provides that applies to Wall Street careers.
Thanks to Wall Street Oasis for pointing this out.
'You might have more talent, but they have more experience.'
'It's your privilege, not your right, to play in the NFL. A little fraternity. Don't think because you're a talented college player it's your right.'
'Sometimes too much talent can be a curse. You got so much talent, you can't live up to it!'
'You got enough talent to sit in this room. That's why professional teams drafted you. Now, does production meet the talent? That's the big picture. Because if you're not productive, then it's a curse. Because here's what happens to you. Coaches say, 'Real talented guy. Why's he not living up to the production? Something's wrong with that guy. Is he distracted? Is this game not important to him?' Use your talent, man. It's a gift.'
'You got an opportunity. Don't waste it.'
'You ain't all that. One thing about the NFL is this: when you get that jersey, it's rented. Your name is on the back of it, but when you come out of the league, they're going to take your name off and give someone else your number.'
'This is bigger than you.'
'From now on, everything you do, it becomes news. If it's past midnight, go home.'
'Don't get sensitive, be coachable.'
'Be available. If you're in the training room, and you're missing practice, you're not available. Know the different between being hurt and being injured. A hurt guy can play, a hurt guy can practice. It's going to hurt. Know the difference.'
'Coaches will teach you the what and the how. You gotta learn the why. When you understand the 'why,' you understand the philosophy of what you want to do. You become a student of the game.'
'You can have all the expectations you want, but if you don't have a plan, how to get there, you're just wishing.'
'And if you're wishing in this league, you won't be here long.'
'Habits create who you are, and if you're habits aren't changing, you ain't changing.'
'Want to have a lot of money? What are your priorities? Where's your family? Where's your faith? Where's football?'
'My priorities are real simple. Three things. Faith, my family, my occupation. You get to decide your priorities. Somewhere on this list, this football thing, it's gotta be important. If football's way down there, you got issues man.'
'One car, one house, one piece of jewelry, one girlfriend or one wife. That's all you need. Don't screw that up. I'm going to tell you that so you've been told. You've been told. You'll understand later in life. Don't be that guy. One of everything.'
'When you walk in that meeting room and you're late, this is what the players think: What, this isn't important? How can you be late to your job? How? What else do you have to do? You can't be late. If you've got an emergency at home, I got you. Otherwise, don't be late. And you know what happens if you are? People don't trust you.'
'Focus. Listen. Be a good listener. People are giving you information. How do you process information? The faster you can process information, the faster you can use your talent.'
'Are you committed to your profession? It starts with a struggle. It always does. Are you committed to being the best pro football player that you can be?'
'Compete. It's not about your opponent.'
'Don't let wealth, fame, your longeivity in the league, affect your enthusiasm in playing the game. And something that happens. We get to the point where it's like, eh. Don't let it. Enjoy it.'
'Be excited! Be excited about football. You really gotta like football. Don't be one of those guys that likes what football provides them. You gotta like football.'
'Make sure you choose your friends. Don't let them choose you. You choose the circle you want to hang around with and make sure your circle understands what you're trying to do.'
'You gotta earn the trust of coaches and the veteran players.'
'You'll see this a lot. You'll have more talent than the other players. But the problem is, you make too many errors. So you put the coach in a bind. Because he can't trust you.'
'The veterans on the team know that when you go in the game, they going, 'oh boy, this guy ain't for sure he knows what to do.' So the players can't trust you, coach can't trust you to put you in the game.'
'Earn the trust of your teammates. Very important.'
'Learn to compete against yourself.'
'Make sure you understand that every time you practice, you compete against yourself. That way when you compete, the level you play stays consistent, and it gets better. Push yourself.'