It took several failed business opportunities for Jerry Jones to have enough guts to “keep on keeping on.”
Though the Cowboys were a losing team in dire financial straits, Jones decided to “put up or shut up” and buy the team. He has sinced turned them into one of the most profitable sports teams in the world, and Jones was inducted into the Pro Football Hall of Fame on Saturday.
“I strapped on that fear of failure. For someone like me, a fear of ‘business’ heights was like stringing a tight rope from the Empire State Building to the next tallest building in New York and then starting your ass off on that tight rope,” Jones said during Saturday’s speech at Tom Benson Hall of Fame Stadium. “You have to make it work.”
When Jones woke up one morning while on a fishing trip, he noticed in a newspaper that the Cowboys were for sale.
Jones bought the Cowboys in 1989 for $140 million and assumed the roles of president and general manager. The Cowboys had been losing about $1 million per month. The team’s financial situation then is why Jones decided to be owner, president and general manager and he has turned the Cowboys into a team that is now the NFL’s most valuable at $4.2 billion.
Through several shrewd moves, he helped build a team
Article source: http://www.sportingnews.com/nfl/news/jerry-jones-hall-of-fame-speech-pfhof2017-cowboys/2l6txwzviesw1i7kutykgaehl
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