University of Michigan Athletic Director David Brandon talks about the lessons he learned from former U-M football Coach Bo Schembechler, who he played for in the 1970s and how it applied to the business world as well as the big business of college athletics.
“You will either get better or you will get worse,” Brandon said, recalling one of Schembechler’s favourite sayings. 'He used to say that it’s not whether you win or lose, but did you get better. Because if you aren’t, then other people around you are. And that makes you weaker. That’s exactly how it works in business.'
Brandon, the former CEO of Domino’s Pizza and current chairman, also talks about what it takes to run a business.