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For readers of Phil Knight&;s Shoe Dog and Howard Schultz&;s Onward, an inspiring memoir from the CEO of DICK&;s Sporting Goods about building a multibillion dollar business, coming to the defense of embattled youth sports programs, and taking a principled&;and highly controversial&;stand against the types of guns that are too often used in mass shootings and other tragedies.
In 1948, Ed Stack's father, Richard, started Dick&;s Bait and Tackle in Binghamton, New York, with $300 borrowed from his grandmother. A few years later, Dick expanded to a second location. In 1984, Ed bought the two stores from his father. Today DICK&;s Sporting Goods is the largest sporting goods retailer in the country with over 800 locations and close to $9 billion in sales.
It&;s How We Play the Game tells the absorbing story of a complicated founder and an ambitious son&;one who transformed a business by making it more than a business, conceiving it as a force for good in the communities it serves. The transformation Ed wrought wasn&;t easy: economic headwinds nearly toppled the chain twice. But DICK&;s support for embattled youth sports programs earned the stores surprising loyalty, and Ed was vocal in sounding the alarm about schools&; underfunding not just of sports but of other extracurriculars, which earned DICK&;s even more respect.
Ed&;s toughest business decision came in the wake of yet another school shooting; this one at Marjory Stoneman Douglas High School in Parkland, Florida, in 2018. The senseless loss of life devastated Ed on many levels and he decided to take action. DICK&;s became the first major retailer to pull all semi-automatic weapons from its shelves and raise the age of gun purchase to twenty-one. Despite being a gun owner himself who&;d grown up around firearms, Ed&;s strategy included destroying the $5 million of assault-style-type rifles then in DICK&;s inventory.
It was a profit-risking policy that would earn the outrage of some&;even threats of harm&;but turn Ed into a national hero.
With vital lessons for anyone running a business and eye-opening reflections about what a company owes the people it serves, It&;s How We Play the Game is the insightful story of a man who built one of America's most successful companies by following his heart.
Review: "Ed Stack is a giant in our industry...[his] story is not only entertaining but will be of great value to any entrepreneur."
--Phil Knight, founder of Nike and New York Times bestselling author of Shoedog
Title: It's How We Play the Game: Build a Business....
Publisher: Scribner
Publication Date: 2019
Binding: hardcover
Condition: Good