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Making the Big Leagues: Baseball Great George Steinbrenner Gets His Start

“We know how to win.”

From Shipping to Sports: Steinbrenner Makes His Move

Despite his entry in the world of sports, Steinbrenner remained loyal to his father’s company. In 1967, he oversaw the merger of Kinsman Shipping and the American Ship Building Company in a move that would firmly establish Steinbrenner’s place in the business world, and turn him into a multimillionaire overnight.

Lesson #1: You Have To Spend Money to Make Money

Steinbrenner may be one of the most famous faces behind the New York Yankees, but that is only because he has made it his mission to bring on board the best possible people to support him.

Lesson #2: A Company is More About the Culture You Create

“Owning the Yankees is like owning the Mona Lisa,” Steinbrenner once said.

Lesson #3: The Boss Can Come Back

If there is one thing Steinbrenner is famous for besides his ability to manage a great baseball team, it is his ability to get himself into trouble. From being banned from baseball for life to feuding with and changing managers 20 times, Steinbrenner is no stranger to controversy. But what is even more remarkable, is his ability to bounce back and reclaim the team he worked so hard to promote.

Lesson #4: Nice Guys Finish Last

“My father wasn’t a believer in ‘monetary allowances’ for my sisters and me, so he set us up raising chickens,” recalls Steinbrenner. “We sold the eggs to our neighbours…If one of our neighbours wanted a fresh chicken, then we also had to kill and dress the chicken.”

Lesson #5: Never Lose Sight of Your Fans

Reflecting on his tremendous success of the decades, Steinbrenner says, “It's an incredible achievement, particularly when I remember that when I bought the Yankees, we had trouble drawing 1 million to the stadium. We have the greatest fans in the world.”

Making the Big Leagues: How Steinbrenner Hit a Grand Slam

“I haven’t always done a good job, and I haven’t always been successful,” says Steinbrenner, “but I know that I have tried.”

George Steinbrenner Quotes

George Steinbrenner Quotes

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