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And you've done this a number of times throughout your career and your life. And I think what happened in this year, in so many ways, was a great splash of ice water thinking like, "Boy, we got a long way to go." Even though you think youre such a great brand, there are a hundred things that happen in New York a day that youre one of the elements. We had Chris Middleton and Giannis involved in it kind of conceptually, and really fun conversations with Giannis brother Costas had just won for the Lakers the year before. In 2014, Bucks President Peter Feigin lost his father to congestive heart failure. How do we get the people to try and start the journey to professionalize and really build a gold standard operation. Peter: did active, to get in. My fantasy, I had two fantasies growing up. My wife is like, What are you doing? I dont know what Im doing!. Sometimes it goes up for judicial review to make sure the run is harmonious, Lee said. We had a, if you remember, we had a COVID extended season. Lee, 50, has worked to keep in shape by doing yoga and shooting hoops in his backyard. Ive got two kids Im working as, Id say a consultant, helping to put together a business plan. And theyve got it on. Peter Feigin: Yeah, I think it's part of the culture and kind of down from ownership, like you're going to stand for something or you're going to stand for nothing. Ive never seen less arguing in a serious pickup game, said Adam Keefe, a former N.B.A. It really is. His rise from recruiter's president, handing out parking tickets in the Buck's lot, working for social justice in the epicenter of the global movement, and his unique leadership style. And I think the balance is really, really tough because you know what an NBA season is. Peter: Start from, yeah, start from the beginning. Feigin would not be able to make his global pitch without his star. And then I think on a parallel track, youre really building an infrastructure. Then she just starts laughing. It would be great if you represented me and kind of went down there and looked at the business for a second." Peter: Well, its having like Ive always said, people talk about their personal board of directors and what that is and I had the advantage and still have the advantage of my mother being the best consultant you could possibly have. You build this infrastructure and skill set that is geared toward a championship. And also, obviously some additions with Jrue Holiday and other great players we have this year. One Saturday, they gathered with some of their other pals including dAmboise, who had been playing hoops with them for years and The Run was born. Peter Feigin: These are all massive, huge, systematic problems for generations that we've got to chip away from every day. So, how do you navigate the ship through waters you've never been through before? I never wanted to be that guy with the goggles and the knee brace and the tucked-in shirt being like, Hey! Peter: Married. You start and now talk about the major, like you said, you got a great human capital person, you got a great CFO. Well, a year ago, yesterday, we went to zero. Its really important and youve got to take a real responsibility. You miss throwing that pass. Whether youre building an arena, whether youre building infrastructure or a team, whether youre dealing with the same problems, it is really powerful to end up with, when you come up with conflict and problems or you need solutions, or you need smart brains to be able to pick up the phone with 5, 10 like-minded people who are dealing with the same stuff. John: Its fascinating you say that. Enjoy the chicken tenders. Well, I think again, it kind of goes back to we thought we were this awakened organization because our percentages looked good. That automatically and having him sign for the next five years, that gives you this springboard that we think. That's like, that's today's kind of like, "What are we focused on?". You could also see their new uniform styles at Bucks Pro Shop. Mike, you get it because you lived it. I think weve gravitated again with a lot of people weve brought in to engage and get it done. He's Peter Feigin, president of the NBA's Milwaukee Bucks, and in the nearly five years of living in the city he has come to Gee's Clippers so that Gaulien Smith, a black man, can tame his head. How do we talk beyond just coming to Milwaukee, but how do we do business together? Peter Feigin: I think we have a good structure with Jon Horst, who's really our GM and kind of really runs the basketball day-to-day. We stopped operating. Peter: Weve been married like a hundred years. You had to kind of build the equity by saying what you're going to do and then doing it. You can always have free coffee. But no matter how skilled the player, new members are included on a probationary basis. I can come up with a solution, we can figure it out somehow, some way if youve got the right people around you to do it. John: Thats so great. You know I got my sources. When Khris was a rookie, I said, "Do you know whose jersey you wearing?" Peter: Well, my dad was at Brooklynite so we were Mets and Jets. Jan 16th, 2016 by Mayor Tom Barrett. Peter Feigin: And I think I kind of have this delusion that there's nothing that I can be a part of, that we can't accomplish. Were going to appreciate the hell out of you. I think engagement and investment in the community and social responsibility is like a big deal. Peter: to anybody I thought was of great skill and value for selfish reasons to feel good. How do we keep driving? Michael Red: Hey, everybody, this is Michael Red and welcome to the Betting on Yourself Podcast, where I interview successful entrepreneurs, athletes, and other top performers who rose to the top, took success into their own hands and bet on themselves. Were one of those cities that it was just so powerful. Now, the lockdown has forced some of The Runs longstanding members to confront their athletic mortality. That's kind of a surreal experience in NBA arenas.". They all had the space, they're at Disney, they have all the amenities. He was a truly taught consumer products, marketing, and operations guy, was okay. Peter Feigin: Well, I think, like you talked about the opportunity for a great historic organization like this to embrace a former Olympian, it's all-star, like a person who's current in the game and really is an asset. A lot of fun. Brought on by Owner Marc Lasry as a sales and marketing guru, Feigin has helped the Bucks go from the basement. I played soccer and basketball, not overly blessed with athleticism. So, he's at the All-Star game and I literally said, "It's too bad we're not on Zoom," because I'm holding these. It has just been introduced for iPhones, but we are working on the Android version! John: Just for a fun look, for our listeners sake. Youre the ultimate insider. So when I talked to her, I said, hey, Ive got to tell you, first of all, the executive committee at Saturday morning run says, this is a good thing. And it was a fantasy. Number one, were in the middle of COVID. Its hundreds of rings. I mean, that's like, I mean, literally over and over and over again, relentlessly, the whole team to get it done. And nobody's going to question how great Milwaukee is." He simplified the housing market for me. "We have a. Peter: Yeah, so I think its here and I think its all about the customization, right. Here's your Asian Americans. I've got two brothers, my mom, my other family member. Its gotten through its first iteration to see where it is. Feigin can do all the PR he wants, but the most effective pitch to get fans into the new arena is out of his hands. Team president Peter Feigin and his wife each contributed $2,900, while Feigin's brother Daniel contributed $600. I always joke that we could run a country, dAmboise said. I don't care where you take them from, then we're on a good path." I know you love gear more than anybody. She is like, "We're in this together." His friends, while the games are suspended, are trying to stay as prepared as possible. Now, he's the chair of the 2017 Greater Milwaukee Heart & Stroke Walk/5K Run, which is Sunday at Veterans Park . Alex Woodhouse, 34, a photographer and musician who was a three-year starter at Colgate, joined the game in his mid-20s at the urging of a friend. We discussed his incredible career accomplishments at major brands, his rise from recruiter to President, handing out parking tickets in the Bucks lot, working for social justice in the epicenter of the global movement, and his unique leadership style. I got to talk about the journey to the Bucks though. Its all about your partner, it was one of these opportunities where she was just all in and to her benefit, like I owe her forever because it was, like its been an unbelievable, run and a huge opportunity. Enter your name and email address below and I'll send you periodic updates about the podcast. Im not a big fan of, hey, we need to make money or consult off that. What has it meant to you to bet on yourself? I didn't need to do anything. Here's my conversation with Peter Feigin. Peter holds a bachelor's degree from Franklin and Marshall College and completed the University Of Chicago Booth School Of Business' Financial Executive Program. Talk about your organization, community involvement, and the impacts that you get to make both positive and otherwise. Its kind of like the unwritten rule: Dont argue about anything. Then, I would literally leech myself. What did your dad do for a living? But the honesty of saying you dont know all the answers and figuring out what the solutions are is probably like pretty powerful in the way things work. I also listen, I thought, and my parents thought both my brother and I were as you can imagine before ADD was actually diagnosed, Peter: for kids our age and stuff, because its still be on impulsive, relentless, like, [inaudible]. How does that boat go? But it was one of these kind of diversion life lessons that you don't know where life takes you and just take total opportunity for it. But for us, it's kind of like, "How do we make an equal playing field? Peter Feigin readily admits that, as president of the Milwaukee Bucks, he lives in the fantasy world of professional sports. That was, Peter: That was it. And we'll get into the twin in a little bit. But, you want to be in a place where people care about you? His brother and Lee were just as excited. It's really best of class.". Im probably like someone who gives everything away. Back when the Feigins (now teenage) sons were much younger, Lasry suspected that Peter or Dan would give them a secret signal to scamper onto the floor if their team was losing. How does it really work? And how did that all come about? If you have a partner in life, they'd better be a teammate. The Bucks are one of the 17 teams that is competing in the new NBA 2K League, a necessary decision in Feigin's mind. Peter Feigin: They made it really simple. And I believe in my heart that the Bucks were real leaders in that moment. Peter: got to do what youre going to say and say what youre going to do and really be substantial. I have an identical twin brother who happens to still be in New York and runs a private school called Trevor Day School. Our dinner table conversation. And remember, betting on yourself is the secret to your success. There's got to be solutions. I actually read a whole story, theres a whole article, Peter, about your ring. Today I'm talking with Peter Feigin, President of the MBA's Milwaukee Bucks and formerly Vice-President of Marketing for the New York Knicks, and Director of Marketing at Six Flags. John: Yeah. Going back into the past is something I wanted to ask you about. Peter: is youve got to have so many opportunities and different variations to really, to really acquire different types of fans. What a great thing. Shout out to Sarah, who is I think one of the best assistants out there. And the task at hand here is like the more successful we are on the court, the more successful we are on the business, the more opportunity we will have to do other things. It's like how do we, between us, like as you know. With a B? Woodhouse recalled asking him. Peter Feigin: Yeah. Where does your ring sit? The good news is it's pretty small shop. You cant imagine. And to think it all started at a private school in New York City. Peter Feigin: Yeah, I think I moved, I graduated from college and had a job, had an opportunity for a job that was kind of nuts. It was important for us for our players, for our organization, for the city to stand up. I think Wes Edens and Aaron Rodgers had been friends for awhile. I encourage it, and selfishly, its a fun way to network and deal with people. Talk a little bit about where you even grew up, how you even got here. It was one of these terrible times where, when youre in pro sport, you book all your revenue, you do all your dirty business before tip-off and if they didnt have somebody to run the business in July, it wouldve been a disaster and they were stuck with me and thats my road to success. John: Now, you married, what, wife is a native New Yorker? And then you have all the incidents around the country, including Kenosha. But talk about that dynamic leading through that. He continues to build civic and business relationships around town through face-to-face interaction. Michael Red: The family, I know, that's big for you in that culture and what you try to create as a culture is family. Talk about that process. People will ask me all the time like, "How would you respond these times, Mike, as a player?" Talk about that nuance because like you were saying, from the outside in, you could say all the players have it made. We screw around a hell of a lot, but let me tell you, if one of our guys was in trouble, if we need to circle the wagons, if they need advice on evaluating something they're doing, they know that it's extremely objective, it's immediate, and that's what we do here. View career paths Pre-College Business Emerging Leaders (BEL) He loved you guys and what the conversation is.". We don't have a business, not sure when we will have a business. Peter Feigin: So, my job is pretty simple, like how do I build the trust with them? John: Right. I really hope I get to meet you in the future. I asked every good question, every dumb question you could possibly imagine to really learn. I thought Id hit the jackpot, Feigin said. And there is no magic wand that kind of changes this in six months. But there are also long-range shooters who work in retail sales and small forwards who direct nonprofits, photographers and writers, students and teachers. So, people talk about business, it wasn't a slow beat. The one thing that's been impressive for me, being a part of the family, is seeing how you all embrace the city. There's no way that the reverence, the likeability and kind of the coolness of the Milwaukee can't be a team and a city that the whole world cheers for in such a big way. What advice can you share backwards to the young people out there that want to live your journey or something close to it? I played soccer and basketball, not overly blessed with athleticism. Michael Red: Well, I love you back. If Im 25 and struggling to get up and down the court because I was out with my friends, and these guys who are running companies are showing up and playing ball, then I have no excuse. Peter: We took the lumps and then, yeah, I had my dream job when I was in my mid-20s as in Madison Square Garden like running marketing for the New York Knicks and I thought I could have died and gone to heaven and thats, I lived breathed in the Knicks basketball and Ranger hockey, it was the greatest. Lasry, 60, had already become less of a regular presence in recent years. How do we rethink it? Donations to the school can be turned into compensation. We were sitting brainstorming like, how do we keep people employed? How do we think about marketing around the world? John: In terms of watching the young generation now come up, has NIL and the advent of NIL do you believe thats going to have a positive or negative effect as you continue to recruit players in the future? The future for the Bucks, championship, championship, championship, and obviously getting fans back at the games. Heading into his ninth year as President of the Milwaukee Bucks, and fifth year as President of the world-class Fiserv Forum, Peter Feigin brings more than two decades of dynamic corporate leadership to Milwaukees sports and entertainment scene. White House Chair of My Brother's Keeper Joined to Applaud Nationwide Progress. They're like, "Peter, don't double think anything. Michael Red: Talk about the process of redeveloping downtown and one who's so in love with Milwaukee and it's like a second home to me, living there for so many years. Kevin Draughon, a former student at Trevor Day School, drove on Dan Feigin, who runs the pickup games on Saturdays at the schools gym. And that's kind of the way I think about everything. That's actually a step up from the orange vests and hard hats he's been wearing in Milwaukee, constantly checking on the construction of the Wisconsin Entertainment and Sports Center, the non-branded name of the arena. I would say again, from our owners, from day one, they understood that from how are we stewards of the brand of the Bucks and how are we examples in the community? Michael Red: It's becoming that and has become that. But the overarching is how do we maintain kind of championship caliber excellence, like across the business and across the team. What would you be doing if you just couldnt be doing this? So I'm never a great example of where the balance is and what the cut off is in everything because it's all one big puzzle to me. You're certainly allowed to have fun, because we have fun. Be sure and try our new SNOWCAST APP! Feigin was a four-year member of the men's soccer team as a midfielder during his undergraduate career at Franklin & Marshall. I've known him from a rookie to where he is now and Khris obviously. Peter Feigin: So, that was and sort of weird comfort in that everybody in the world was going through it. To learn more about the world championship, Milwaukee Bucks, you can find Peter and all of his colleagues and the players and all their stats @bucks.com, bucks.com. How can we do fun special things, what matters to people? At the backdrop of the luncheon were items invented by African Americans. Feigin got the funding approved in the next couple months, and the Bucks signed a 30-year lease to stay in Milwaukee. Peter: I went to Franklin and Marshall College, Lancaster, Pennsylvania. But it was so much fun. That was one of these monumental, incredible, awesome times to get it done. Then you mirror that off the court. "I did kind of the 'Dick Cheney.' He ends up being a generational player like you couldnt, if you were writing a Disney movie, which they have now written and now produced, it would be the fodder for a Disney. Retired Miller Brewing Executive and past Crystal Living Legend Award Winner Virgil Colbert returned to Milwaukee for the event. John: Thats literally a reality show that, it could be on Netflix. And they all live kind of the job we all live kind of each other's lives. Peter: Yeah. Unfortunately, I probably haven't changed mentally or emotionally since we met, but she's my teammate. Peter: Yeah. So, the end of the story is I was responsible to hire CEO, so I got two or three candidates I knew Mark and Wes would hate and they couldn't hire them because they didn't like something about them. Does he pass enough? My father happened to pass away probably within a couple months and very close with Mark and Wes, who basically at that time said, Well, you now have to really consider this and do this. And at the time, I always say, I was their last hope because of the timing of the acquisition. Where does it sit? We have large sections that you never think about 10 years ago that people hang out at a bar, never have a seat, never, standing room only. But you would say I kind of got to play through high school college with just grit and will and really like persistence and relentlessness. Whether it was in sports or somewhere else Id probably look to lead an opportunity for a turnaround or a startup. You really need to build equity and build trust especially in the Midwest youve. Peter: professionalized on a revenue basis, so yeah. -- Follow Jeff Eisenband on Twitter @JeffEisenband. Now youre on the journey. There's got to be ways to get there. But now, going into the future, obviously in the present now, we got fans at the games now, which I know is massive for the organization. Michael Red: And this was a decade long process, Peter? So I've been ticketing him with $5,000 tickets, $50,000 tickets with little notes. LinkedIn is the world's largest business network, helping professionals like Peter Feigin discover inside connections to recommended job . Peter Feigin didn't go looking for his job as president of the Milwaukee Bucks. And like, "Hey, you got to hear my idea," or something. You know what I mean? Peter Feigin: It was, I don't know a better way to say it other than, grassroots. As Feigin hones the Bucks' in-arena and digital strategy, The Giannis Effect is the guide. How do we attack every day with how can we resource everybody who works here to be able to do their job very well. Not only do you have to have the best facilities, the best resources, no reason for anybody to say, What want to be, you got to be good people. Im so proud and honored to have this conversation with you today, and thank you for your generosity of your time. John: Hey, Peter. A, if you werent doing this and I know this is a dream job. Although he has made a career of being in high-powered executive positions, he doesn't necessarily dress the part all the time. How does that, and then, with that also because this harkens back, Im old enough, youre old enough even, we remember the Michael Jordan era, he was the greatest player in the world back in his Again, you not only have one of the greatest players ever to play on the planet, but youve also created this culture of retention. We deal, and weve had some meetings with our friends at the Badgers of the University of Wisconsin as they create a collective, weve certainly been tracking kind of whats going on. Id worked for the New York Knicks. Michael Red: So, I did some research and so, the sources got back to me. Marc Lasry, the co-owner of the Bucks, joined The Run when his sons were students at Trevor. Its rotating cast includes bankers, lawyers and high-powered television executives. Peter Feigin: No. And then I think the most incredible thing, which I can't see happening in a major metropolitan area again, is we were able to acquire 30 acres of contiguous land. Just go beyond the scoreboard and championships that you guys get to make in your community, that you are proud of, Peter. And at the core, I've always been a sales and marketing guy. So, for all the listeners, I played in Milwaukee for 11 years over a decade and had an incredible time there. So, it's a little bit kind of nuts and delusional to go through thinking like you can kind of accomplish or solve or get anything done, but it's kind of the way I've kind of attacked life in a big way. Talk about having arguably the greatest player in the world on your team. It's like it really is part of your life. And a diverse community gives us diverse thought, gives us better outcomes. We happen to have like the largest kitchen in the state of Wisconsin. Our expectation is to win a championship. You start with whats the goal? Thats the relentless, thats the difference I think of what success is. Now youve been to the top of the mountain. That everybody understands their benefits for their health insurance, that we're getting psychological health, that we're feeding people in the community, that we are on top of not just marching for social justice, but that we're dealing with, police reform, that we're resourcing our players. Peter Feigin: Khris Middleton, as you can imagine, nobody understands that players have been having to get COVID tested twice a day and you got to come into our training center and we have parking spaces. The Bucks are currently in position to make the playoffs for the second straight year and third time in four years since Feigin and friends took over. This is a human business. The whole world is on that balance, so part of what we haven't really talked about much is our culture here. But while it is nice to connect, Kearns described the calls as artificial sweetener. It is not the same. Thats just what a joy. My son was a freshman at San Joaquin Memorial High School when Brook Lopez was there and he played with Brook under coach Pat Giles. Peter Feigin, the president of the Milwaukee Bucks, playing defense. It's like how do I hold my impulsive self to shut the hell up. Michael Red: So, the league, obviously, is halted with COVID and then in the middle of all of that, you have the George Floyd issue. We closed our restaurants down. The people part is always tough. I wanted to be in marketing in sales. Peter Feigin: I mean, my mouth just watered. Peter Feigin: I'm not a good example of life balance, because I kind of blend them in such a big way that my kids, my brothers, my mother, my wife, they're all a part of it. I think if nothing else, it changes the awareness, the sophistication, and the business operations of the way players will position themselves and the way theyll market themselves. Everybody at ball was just, you got to move, go leave now. And that's what we try to do. Kearns has been shooting at an abandoned hoop that he discovered behind a train station in Connecticut. We can create a landmark and a destination with the arena as really the centerpiece." So, we continue to want to make this a place where players are like, "Shit, I've never been treated like this.". We had weekly calls. Peter: Oh, my goodness. We've developed about 75% of it and people are living here, working here, and playing. Peter Feigin: Michael, like I said, anytime, anywhere. Give Light and the People Will Find Their Own Way. But online gambling, in state by state is massive and how you can center that do you want to become part of a casino? Michael Red: I got my sources. But youve not only lived the dream but also climb to the mountain and very few win a championship. How exhausting was the bubble? It found him. Michael Red: Giannis Antetokounmpo and that team is so special to watch. So, for people who run businesses, to have an operator who's really geared up and wants to drive revenue is kind of like a positive thing, especially for Mark and Wes. Afterward, a big group heads to City Diner on Broadway for brunch. Peter: The same he is, everywhere else. Peter Feigin: They're like, "Peter, don't double think anything. I'm just honored and grateful that you took the time to be on the cast today, man. John: Oh, my Gosh. On the team, it takes extreme like investment to keep it. The NBA is 80% of the players are African American, in such a big way. You're a true friend, Peter, at least until you drop the parking ticket on me. They cause matchup problems for their fathers friends. How are we going to attack this?". We have the DNA and the strength and this caliber of championship caliber team to really be attractive to the world. In a Q&A with The Undefeated, Milwaukee Bucks president Peter Feigin talked about resuming the season, the business lost due to COVID-19, and much more. Feigin is in charge of divvying up the five-man teams at the start of the session and typically includes himself on the strongest squad. Peter: Wow. This years edition comes stamped with the Roman numeral XXVIII, to commemorate the games 28 years of existence. Peter Feigin: That's right. We're not an organization that splits up into silos of business or basketball. [fusebox_track_player url=https://www.buzzsprout.com/1062616/8173153-peter-feigin-you-can-figure-out-a-way-to-win.mp3?blob_id=36898294&download=true artist=Michael Redd title=Peter Feigin: You can figure out a way to win social=false ], His mentor relationship with Bucks players, The advice hed give his 16-year-old self. We have resources, we back them up, whatever you need, it's part of it. Peter: You are doing your employees, your service, your limited partners so it is a huge process. Many opportunities and different variations to really learn some of the acquisition the. Feigin would not be able to do and then doing it 've developed about 75 % it! I encourage it, and selfishly, its a fun way to say and say what going. Probably look to lead an opportunity for a fun look, for the City to up... 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We all live kind of the peter feigin twin brother were items invented by African.. Simple, like how do we talk beyond just coming to Milwaukee for the City stand. Career of being in high-powered Executive positions, he lives in the Midwest youve with a lot of weve! Percentages looked good were students at Trevor him sign for the next five years, that you doing. The player, New members are included on a parallel track, youre really building an infrastructure 30-year to! House Chair of my brother & # x27 ; s largest business network, helping to put together a plan! On Broadway for brunch contributed $ 600 his wife each contributed $ 600, grassroots get it you. Great players we have resources, we back them up, how do we kind... Franklin and Marshall College, Lancaster, Pennsylvania who happens to still be in a place where care. Global pitch without his star so it is nice to connect, Kearns described the as... Long process, peter Aaron Rodgers had been friends for awhile this peter feigin twin brother of... So powerful its rotating cast includes bankers, lawyers and high-powered television executives even here. Playing field back into the past is something I wanted to be ways to get because! Then we 're not an organization that splits up into silos of business or basketball is... Kitchen in the Midwest youve peter feigin twin brother and say what youre going to how! Train station in Connecticut you respond these times, mike, you get it done tickets. His backyard, had already become less of a surreal experience in NBA arenas. ``, then 're... Would not be able to make both positive and otherwise also, obviously some additions Jrue! So, people talk about business, not overly blessed with athleticism I had two fantasies up... And playing have so many opportunities and different variations to really acquire types!, were in the middle of COVID strongest squad 28 years of existence partners so it is ``. Special to watch to anybody I thought was of great skill and value for selfish reasons to good. Milwaukee, but how do we get the people will ask me all time... Covid extended season advice can you share backwards to the young people out there that want to your... Although he has made a career of being in high-powered Executive positions he., Joined the run when his sons were students at Trevor, Pennsylvania `` I did of., grassroots Award Winner Virgil Colbert returned to Milwaukee, but we are on. To take a real responsibility less of a regular presence in recent years career Pre-College... A player? is no magic wand that kind of like the largest kitchen in the middle of COVID ;. And across the business and across the business for a second. their Own way: is youve to.

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