Moglia uses business model for football – and vice versa

First-year head coach Joe Moglia has spent the past 30 years climbing the corporate ladder through the world of business.

Now that he’s taken over the helm at Coastal Carolina University, he’ll put to test the theory that if you can succeed in business, you can succeed at anything. His choice of anything, is football.

Moglia is quick to point out that although he’s never been a head coach at the college level, he has been a successful head coach in the business world.

“This is my 20th season of football, and I’ve had a lot of head coaching jobs along the way in the business world,” Moglia said Thursday morning on “The Pressbox” radio show at the Big South Media Day in Charlotte, NC.. “I’m ready to go.

”I’ve always said that I was a much better business guy because of the 16 years I had spent originally as a coach. I believe I’ll be a better head football coach because of the time I’ve spent in the business world.”

Moglia spent those 16 years coaching football at various levels, both high school and college, finishing as the Defensive Coordinator at Dartmouth College in 1983. After landing an opportunity to go to work for Merrill Lynch, he spent the next 25 years climbing his way up Wall Street.

“In both professions, you need to be able to make decisions on people.,” Moglia said. “You have to have a mission. You’ve got to be able to have a well though- out strategy. You’ve got to be able to execute. You’ve got to be able to handle yourself under pressure, and you’ve got to be able to make good decisions.”

Moglia’s take on the two is certainly unique. There have been many instances of coaches becoming successful business people. But there are not a lot of instances of successful business people becoming successful coaches. Joe Gibbs comes to mind as one that moved between coaching the Washington Redskins of the NFL and NASCAR team ownership several times. He was successful at both, although they were both sports-related.

But Moglia believes the two go hand in hand. “In the business world, you care about your clients, your shareholders and your employees,” he said. “In the world of football, you care about your fans, your players, your coaches. So, there really are incredible parallels.

“Literally, the only thing that is different is there are different products involved. The product of football, the product of business. But, the principles that you have in each are the same.”

Moglia’s return to football began in early 2008, when he stepped aside as the CEO of TD Ameritrade to become an unpaid voluntary assistant coach/mentor for the University of Nebraska football team.He then used both his business and coaching skills last fall by buying the AFL’s Omaha Nighthawks and naming himself head coach.

The transformation takes its next step on Sept. 1st, when the Chanticleers host North Carolina A&T and Moglia takes the sideline for the first time as a college head coach.

So can the former banker coach a football team? We shall soon find out.

Photo by Todd Drexler

 

 

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