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Suiting Up with Paul Rabil

Mike Rabil: Dartmouth Football Captain and Entrepreneur

Suiting Up with Paul Rabil

Paul Rabil

Sports, Business

5.01.2K Ratings

🗓️ 4 September 2017

⏱️ 86 minutes

🧾️ Download transcript

Summary

"People build businesses, not excel spreadsheets." It's my favorite quote coming from this week's multi-talented guest: my older brother, Mike Rabil. There are many layers to how this saying can be interpreted, especially in sports. An easy translation could be "people win championships, not statistics." However, I think unpacking which type of person who wins championships should be our core focus. Mike believes the emotional intelligence of an individual has become the core ingredient to business and sports success. Mike's senior to me by 23 months. We did everything together growing up, are best friends, and business partners today. We started our professional relationship by opening a franchise gym together in 2008. That gym, called Snap Fitness, turned into a portfolio of 7, followed by the development of our own concept, a hybrid spin, TRX and group training business called TurnStyle Cycle. Along the way, we won and lost, learned valuable lessons, made relationships with new operators and business partners, built new properties, and began our own venture investment portfolio company, Rabil Ventures. This is by far and away my most personal and intimate interview yet. The former Dartmouth football lineman, all-Ivy League captain, now multiple-time entrepreneur, investor, and most importantly, operator, has a lot of wisdom to embark on us. I’m your host Paul Rabil and welcome to Suiting Up Podcast, where I interview athletes, media executives, team owners, and other key stakeholders about the duality of the modern professional athlete. From player startup investing appetite, NewCos, social media influencing, creative marketing and digital strategy, today’s athlete, whether active or retired, is continuously redefining what it means to be a professional on and off the field.

Transcript

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0:00.0

Welcome back. It is suiting up podcast time. Actually, that's under the assumption that you have

0:08.7

listened to the show before, which if this is your first time here, I want to thank you for joining and I'm your host Paul Rabel,

0:15.7

pro lacrosse player in New York with the lizards and team USA.

0:19.2

I'm also an entrepreneur.

0:20.8

And on this show I interview other athlete entrepreneurs.

0:24.0

Media executives, team owners, and other key stakeholders in sports about the duality of the

0:28.6

modern pro athlete.

0:30.2

Basically why we're seeing so many athlete entrepreneurs.

0:34.5

That goes into their startup investing appetite, strategic investments,

0:39.2

new co-social media influencing creative marketing, digital strategies. We dive into all of it and I try to

0:45.2

unpack and identify skill sets that cross over from a championship athlete into the boardroom.

0:52.2

Where do I begin with today's guest? I suppose he does

0:56.7

a better job of recounting our moments together when we were younger. We played sports

1:00.6

together and competed against each other often until one of us or both were

1:04.7

bloodied in the face.

1:06.5

Not proud of that specifically.

1:08.7

In the classroom we also went toe to toe and through our respective college experiences.

1:14.2

And to now, my older brother Mike Raebel, and he's not older by much, and I are business partners.

1:20.0

We started a professional relationship together when we opened up a franchise gym back in 2008.

1:26.2

That was the year I graduated from Johns Hopkins.

1:28.4

And that gym called Snap Fitness in Jopatown, Maryland turned into a portfolio of seven, followed by the development of a newer concept,

1:36.4

which was a hybrid spin TRX and group training business called Turnstile Cycle in the Greater

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