Between high school seasons, Rabil dropped to as few as 230 pounds to adapt to the speed of lacrosse in the spring. He entertained playing both sports at Dartmouth, but the workload and fitness demands for each sport made it too difficult a task to undertake. He left lacrosse for the time being, while his brother began building a name for himself at DeMatha (Md.).
“I had always missed playing lacrosse,” Mike Rabil said. “There’s this beauty to the game that when you’re in it, it doesn’t feel like anything else. … It’s not as much militaristic as football. Football did a lot of things for my life. In football, it’s like, ‘Do your job. Take care of your guy, and the rest will take care of it itself.’ In lacrosse, it’s like, you have to do your job, but also help and do a lot of other jobs as well.”
Rabil knew he had the traits to be a successful entrepreneur. His father was a paper salesman for more than 30 years. Many members of his extended family were small business owners. He ran lemonade stands and worked at a local ice cream shop as a child. He worked construction during high school while interning on Capitol Hill. But Dartmouth helped him find the tools to succeed in the world of entrepreneurship.
Rabil opened his first business in 2009, a gym in Joppa, Md. where he and Paul did everything from opening the store, cleaning the floors, to selling gym memberships. He looked not only for profitable business ventures, but also those that served a purpose to its community.
“We were selling gym memberships for less than $30 with no contracts,” Mike Rabil said. “People would come in crying, losing a bunch of weight. That was really meaningful to me.”
Meanwhile, Rabil worked full-time in consulting at Jones Lang LaSalle. Eventually, he expanded the gym business and created Endurance Fitness 247, a company he helped run for seven years. He also co-founded Endurance Companies, an investment holding company based in San Francisco while building Turnstyle Cycle, Boston’s largest indoor cycling company.
His knack for building companies brought him to Silicon Valley, where he and his fitness partners built Endurance Lending Network and was acquired by Funding Circle Ltd. in October 2013.
Despite his steady ascent as a serial entrepreneur, Rabil never stopped assisting his brother as his lacrosse journey blossomed. He served as Paul’s agent shortly after Paul graduated from Johns Hopkins — a job he’d hold until “he wisely chose to go somewhere else.”
Rabil also joined on as a co-founder of Rabil Ventures, a company that oversaw the Rabil Live Tour and many other lacrosse camps and clinics. His passion for the game never faded.
Mike and Paul Rabil frequently had conversations about improving professional lacrosse. They intially met with Major League Lacrosse to figure out a way to bolster the existing product, but could not come to a consensus. Rabil knew that if he worked with his brother — Paul was a rising star in the New York City business sphere whose digital media empire had expanded well beyond the lacrosse niche — they could change the game together.
“The decision tree was, ‘How do we figure out the outdoor lacrosse game?’” Mike Rabil said, carefully avoiding confusion with the National Lacrosse League, an indoor league. “Do we want to spend a meaningful amount of time, if not a large chunk of our career, making this a commercially viable opportunity for the entire lacrosse ecosystem?”
Now, weeks after the announcement of the Premier Lacrosse League, Mike Rabil is relishing the opportunity to work with his brother .
“He’s invested in every deal I’ve done and every company I’ve started. I’ve advised him on all the businesses he’s started,” Mike Rabil said. “We’ve always been backboards for each other, and either closely related partners on something or tangentially related.”
The secret to Mike’s success? Working with those who were far more talented than him, he said. The PLL has secured investors like the Raine Group, Chernin Group, CAA, Blum Capital and Fortress Investment Group.
“The only skill I have is convincing somebody to come work with us,” he said.