Like a lot of folks, was not able to escape the Peyton Manning touchdown record hype Sunday night. And like the total pro that he is, Peyton delivered. Breaking and then setting a new record in front of a national television audience. Not a bad nights work. Peyton Manning…always a professional, never any issues in public or private, by all accounts an all around good guy, not to mention a pretty inspiring story, returning to the top of his game after major surgery. All of that said, Peyton Manning has reminded us of another lesson that goes largely unnoticed, but is of immense value to anyone who is trying to manage their career, choose wisely.
Peyton has been smart enough to choose where he works not based on money, but rather where he will have the best circumstances for success. He picks his work place based on culture, organization, leadership, coworkers, and environment. When it is stripped down to the core, Peyton Manning sets himself up to succeed. That is wisdom. Sure, he makes a ton of dough wherever he has chosen to play, but he has never absolutely maximized his earning potential, at least in the realm of football. There is no question he could demand and get top dollar from any team, yet he has never parlayed his success into a bidding war. He realizes, and this is easy to do when making millions, that success will generate more income beyond just the “starting salary”.
It is a common theme in business, income maximization. We fully support capitalism and are all about everyone making as much as possible. That said, it is often the top reason we hear when someone is debating making a career change, or when they are debating offers. However, where the disconnect comes in is when compensation drives the decision on what job to take, what company to join, what industry to be in, or what offer to accept or decline. It is certainly important, but it is not the only issue. Sure, it is easy to look at Peyton Manning and think “but he is making millions”. Move the decimal point to the left and the issues become the same for him as they are for any of us.
One maxim we have realized over the years in this business, compensation rises in direct proportion to success. People that are really good at their jobs tend to make, well more than their peers. And success is directly proportional to happiness. People that are happy with their job, their company, their industry, their teammates, leadership, corporate culture and environment, are almost always the most successful. Find the place where you are set up to succeed, and the money will follow.
Peyton Manning has enjoyed an enormous amount of success on the football field. That success has made him a wealthy man. His income has been made on the field, but it has also been significantly enhanced by off field ventures. Peyton’s wisdom is in how he has set himself up for success. He chose his university, stayed with the Colts for years, and ultimately chose the Broncos because each of those organizations offered him the best chances for success. And with that success has come a ton of money, both on and off the field. Smart dude that Peyton Manning.