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5 Keys To Success In Life & Business After Sports

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5 Keys To Success In Life & Business After Sports

It’s no secret why athletes struggle in the transition to life after sports, but one of the most important elements is getting clarity and understanding on these five components. Because without them, you are going to continue to feel stuck, struggling, and unfulfilled.

The Five P’s of Your Success in Life After Sports

What’s up my former athlete family? It’s Cletus Coffey, the founder of recovering athlete coaching and training. This article is about the five P’s of your success in life after sports. After you read this you’re going to think: “ah, goodness, how did I not remember this? How did I not understand this?”

See, in my journey, I didn’t have someone that understood me specifically. I did a ton of personal development work, coaching and training, I read the books, and I followed the experts.

Without a doubt, it helped me over a decade to process and better understand myself to figure out how I can improve, how I can become elite, and how I can follow my dreams. The challenge was, they didn’t understand me as a former athlete.

So you’re lucky that you’re in the right spot, because I understand you.

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It wasn’t until I was able to take this information and process it through the language of sports to really being understanding what was next for me. For almost 85% of my life, I had been an athlete.

Once I had put that information into the language of sports, I finally understood… I’m going do my best to do that for you here. Understanding these five components and why you have all five as an athlete. I’m willing to bet, you only have one, maybe two, of them in your life after sports.

No wonder why we’re stuck and struggling.

You will continue to, until you get clarity on how these five elements you once had as an athlete apply to life after sports. Most of us want to go pro in our particular sport, not realizing that we can create a ton more success, money, fulfillment, and impact in going pro outside of sports. So let’s do that. Let’s grasp these five elements to help you go pro in life after sports.

Business success after sports career

First things first, I’m going to communicate to you through you as being an athlete, and then we’ll transition over into life after sports.

Passion

Number one, the first P, Passion. We were passionate about our sport or sports, we were passionate about our craft. It may have taken you through the high school level, collegiate, or beyond. You’ve probably thought, “this is fulfilling, this is fun, I’m passionate about this.”

Some of you would have said (talking professional athletes here): “The fact that they pay me is just a bonus.” I love what I do. You felt passionate about it. That’s number one.

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Purpose

Number two, a Purpose. You had a purpose that would have been either to make yourself better or maybe it was to make your team or your teammates better. Maybe it was to represent your community or your family, or to reach your highest potential. As an athlete in your sport, you had purpose.

It maybe was to make the starting lineup or to reach a certain level, there was a purpose behind you that drove you and created that fire in you. That’s what purpose does. It’s incredibly powerful.

Performance

Performance was a big thing. Really one of the biggest points of measurement for us in our athletic days. That’s how we measured ourselves. Am I getting bigger, faster, stronger? We would look at our stats, wins, and losses and be able to answer the question, “how am I performing?”

Performance was a big piece because that’s where the fun is, right? We get to go out there and we get to perform.

Points

Next is Points. Now this was a big one in sport because a lot of us measured our self-worth, level of confidence, and view of ourselves based on the points which are important in sports. When I say points, I’m talking about the scoreboard.

Did we win or did we lose? What type of stats are you putting up? What type of weight are you lifting if you lifted weights, or what type of races are you competing in? Those types of things. We measured ourselves based on results or the scoreboard.

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Those results gave us feedback so that we know how to improve, get better, and continue to grow. Points were the biggest component of us as athletes.

Play

Lastly, Play. This is what we did, we love playing. That’s what, oftentimes, athletes forget. That we love to play. That’s what we did. Even when it got into a business, meaning if you became a professional athlete that sometimes the business muddied the play, but at the end of the day, you’d like to play even with business in it!

So Passion, Purpose, Performance, Points, and Play are the five key elements.

You most likely have had all five firing during sports but when transitioning into life after sports, you only have one or two.

Life After Sports

Let’s transition over to now. It doesn’t matter if you just retired from sports, or it’s been 20 years, all of this applies to you. Whether you played high school sports, or you’re a professional athlete, you’re an athlete, you got in there, you played that down, you got on a team, you competed and trained, you know what it means to be an athlete, you’ve got that DNA inside you.

Let’s take these five P’s and apply them to life after sports. Which one of these have you activated as part of your day to day life?

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Passion

Are you passionate about what you do for work? For example? Are you passionate about something in particular that just gets you fired up, and is a part of your everyday life? I’m not talking about just going to the office, working your butt off everyday and only pursuing passions when you come home. This is fine, however, we get in this mindset of thinking that our passion only happens when we have extra time.

As an athlete, you didn’t just compete in sports, and then do passion stuff on the side. It was part of you as an athlete. It was what you did, everyday. You thrived in that and were fulfilled in that work. Passion has got to be a part of your everyday life, not just a side thing, or when you have extra time.

Purpose

Purpose, what is your purpose? Where is the fight in you, the drive to make an impact, to do something meaningful, to do something that is going to impact and serve the lives of others, like you once did for your teammates, community, family? Where is the purpose in your life now? This is straight to the heart here. When you are purpose driven?

You made some incredible things happen in your life, on some level. Where is that drive today? If you don’t have it, now’s the time to start finding that purpose.

Performance

Now we’re going to get into the two key elements that most people have activated. The first one is performance. You’re probably performing in some form or fashion. Maybe you have a job or you’ve started a business and you’re performing to make sure you maintain your job, or your business is growing and you are performing to reach your goals and benchmarks. Performance is usually a big tracking point for us in life, just like we tracked points in sports.

Points (Profits)

Now I’m going to make a quick shift here, instead of points, I’m going to call it profits, when it comes to life after sports. Because many people are focused on how much money they are making or what type of revenue they have. It becomes more about profit, which is essentially the same thing, an end result. I don’t want to make this all about money by saying profit but I’m hoping you get my point here. A main driver for most people in our society is money.

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Now is money the end all? No. Is that what you should be chasing? No. Is it important and necessary? Absolutely. So we want to make sure that’s part of this process.

Play

The last thing is Play. What we need to remember is that our brains are wired for play. I’m not just talking about weekends or vacations. Where is play in your day to day life right now? Where is it in your work? Where is it in your lifestyle? Play needs to be a part of your life, because that’s what you are wired for.

Conclusion

Looking at all five of these elements, passion, purpose, performance, profit, and play, most people are simply focusing on performance and profit. My friend, you need to remember that you are an athlete, you have an athlete’s DNA. You know what it’s like to be in a place of passion, that is purposeful, and you’re driven to make a difference and make an impact. You know that play is a part of your life, you’re wired for it. What is holding you back from incorporating those necessary things, and in some cases, for many of us, continuing to improve performance, and profit.

It’s important to recognize that you were not built for mediocrity, you weren’t. You wouldn’t have gotten into sports. Think about it. Did you join a team with the intention of hanging out on the bench? No, you did not. What is the reason now? Why would you, a former athlete, want to sit on the bench after sports?

Let’s get off the sidelines and into the game and these five P’s are an integral piece to make sure you have them aligned, just like you did in sport. If you’re out of sync with any of them, it’s time to invest time into it. Doing the work to identify your passion, getting clear on purpose, and really dialing in your performance metrics.

How are you measuring your success? And what does success even look like? If you’re still measuring your success off of profit, my friend, you have to reframe that. That doesn’t work anymore. Are those things important? Yes. You can’t control it.

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However, you can’t control what the scoreboard says. You can control your effort, and your attitude, and how you respond when the scoreboard or profits isn’t what you want. You can control those things, but you can’t control the scoreboard. Lastly, where is play incorporated into day to day life. Because when you have all of these firing, it will bring you back to your former athletic days, and how you felt. Maybe not all the time, I understand, but the vast majority of time you performed at your peak, you did it because you had all of these five components firing. It’s time to get them set up in your own life after sports.

If I can help support you do that, go to Cletuscoffey.com/playbook to get started on your journey with us. Get you involved in our community, start learning how we can help support you with our coaching, training, masterminds, and in our groups of former athletes. Entrepreneurs are coming together to make a greater positive impact in their life than they ever did in sports. So let’s go pro. Now that sports is over, let’s really go pro and let’s make a greater impact together.

Everything You Should Know to Create a Useful Competitor Report

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Trends in Content Localization – Moz

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Trends in Content Localization - Moz

Multinational fast food chains are one of the best-known examples of recognizing that product menus may sometimes have to change significantly to serve distinct audiences. The above video is just a short run-through of the same business selling smokehouse burgers, kofta, paneer, and rice bowls in an effort to appeal to people in a variety of places. I can’t personally judge the validity of these representations, but what I can see is that, in such cases, you don’t merely localize your content but the products on which your content is founded.

Sometimes, even the branding of businesses is different around the world; what we call Burger King in America is Hungry Jack’s in Australia, Lays potato chips here are Sabritas in Mexico, and DiGiorno frozen pizza is familiar in the US, but Canada knows it as Delissio.

Tales of product tailoring failures often become famous, likely because some of them may seem humorous from a distance, but cultural sensitivity should always be taken seriously. If a brand you are marketing is on its way to becoming a large global seller, the best insurance against reputation damage and revenue loss as a result of cultural insensitivity is to employ regional and cultural experts whose first-hand and lived experiences can steward the organization in acting with awareness and respect.

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How AI Is Redefining Startup GTM Strategy

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How AI Is Redefining Startup GTM Strategy

AI and startups? It just makes sense.

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More promotions and more layoffs

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More promotions and more layoffs

For martech professionals salaries are good and promotions are coming faster, unfortunately, layoffs are coming faster, too. That’s according to the just-released 2024 Martech Salary and Career Survey. Another very unfortunate finding: The median salary of women below the C-suite level is 35% less than what men earn.

The last year saw many different economic trends, some at odds with each other. Although unemployment remained very low overall and the economy grew, some businesses — especially those in technology and media — cut both jobs and spending. Reasons cited for the cuts include during the early years of the pandemic, higher interest rates and corporate greed.

Dig deeper: How to overcome marketing budget cuts and hiring freezes

Be that as it may, for the employed it remains a good time to be a martech professional. Salaries remain lucrative compared to many other professions, with an overall median salary of $128,643. 

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Here are the median salaries by role:

  • Senior management $199,653
  • Director $157,776
  • Manager $99,510
  • Staff $89,126

Senior managers make more than twice what staff make. Directors and up had a $163,395 median salary compared to manager/staff roles, where the median was $94,818.

One-third of those surveyed said they were promoted in the last 12 months, a finding that was nearly equal among director+ (32%) and managers and staff (30%). 

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Extend the time frame to two years, and nearly three-quarters of director+ respondents say they received a promotion, while the same can be said for two-thirds of manager and staff respondents.

Dig deeper: Skills-based hiring for modern marketing teams

Employee turnover 

In 2023, we asked survey respondents if they noticed an increase in employee churn and whether they would classify that churn as a “moderate” or “significant” increase. For 2024, given the attention on cost reductions and layoffs, we asked if the churn they witnessed was “voluntary” (e.g., people leaving for another role) or “involuntary” (e.g., a layoff or dismissal). More than half of the marketing technology professionals said churn increased in the last year. Nearly one-third classified most of the churn as “involuntary.”

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Men and Women

Screenshot 2024 03 21 124540Screenshot 2024 03 21 124540

This year, instead of using average salary figures, we used the median figures to lessen the impact of outliers in the salary data. As a result, the gap between salaries for men and women is even more glaring than it was previously.

In last year’s report, men earned an average of 24% more than women. This year the median salary of men is 35% more than the median salary of women. That is until you get to the upper echelons. Women at director and up earned 5% more than men.

Methodology

The 2024 MarTech Salary and Career Survey is a joint project of MarTech.org and chiefmartec.com. We surveyed 305 marketers between December 2023 and February 2024; 297 of those provided salary information. Nearly 63% (191) of respondents live in North America; 16% (50) live in Western Europe. The conclusions in this report are limited to responses from those individuals only. Other regions were excluded due to the limited number of respondents. 

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Download your copy of the 2024 MarTech Salary and Career Survey here. No registration is required.

Get MarTech! Daily. Free. In your inbox.

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