After graduating from Dartmouth in 2006, Mike Rabil was a highly successful businessman — but he wanted more.
“I was able to take a step back and spend some time thinking about what I wanted to do, and how to really take a big swing at something,” Rabil said. “Having that moment when you can have the time and room to breathe was important.”
Rabil read the book “Pivot: The Only Move That Matters Is Your Next One” by Jenny Blake.
“Jenny was an early employee at Google, then she left during the great times to start her own thing,” Rabil said. “The mechanism of how she approaches thinking about what’s next in your career path was a big takeaway for me personally.”
When Rabil was thinking about what was next for him, a few values stood out as keys.
“The values are working with people I care about, creating financial prosperity and doing something that has an impact on people’s lives beyond just the core competencies of the company,” he said.
Rabil previously developed an entrepreneurial mindset, doing things such as building gyms in areas without great fitness facilities and small-business lending to people who couldn’t access capital. Then, the idea of the Premier Lacrosse League came to Mike and his brother Paul’s minds. It perfectly fit his values.
“I had an opportunity to work with my brother, who is heralded as one of the best lacrosse players of all time, and try to revitalize the oldest sport in North America,” Rabil said. “That was the swing we decided to take.”
The Rabils wanted to reinspire and reimagine the sport, especially at the professional level.
“Both men’s and women’s college lacrosse is played at an extremely high level with real viewership, real attendance and real attention,” Rabil said. “And it continues to grow but was previously struggling to match that trend on the professional level.”
Rabil used the word “anticlimactic” when describing the feeling after Memorial Day when the college lacrosse season ends. In his opinion, professional outdoor lacrosse didn’t capture the same enthusiasm.
“The sport is the Creator’s game,” he said. “It was originally created to pay homage to the Creator that gave resources to the native people … and it was played to honor the Creator.”
The Premier Lacrosse League is honoring the Creator in a significant way. Now in its fifth season, the league continues to grow, due in large part to the efforts of the Rabil brothers.
Rabil might not be where he is today, as the league’s co-founder and recent Sports Business Journal Forty under 40 honoree, if it wasn’t for his time at Dartmouth and with Dartmouth football.
“I got hand-me-down lacrosse equipment in seventh grade and Paul got it in fifth,” Rabil said. “In middle school, I played rec lacrosse in seventh and eighth grade then I continued with lacrosse and football in high school. I was a defensive tackle in football, which meant I competed in a heavier weight class.
“Since lacrosse is such an endurance sport, it made the fluctuation of weight from playing defensive tackle in football really difficult. My senior year, I dropped a bunch of weight, had a great senior year and was named an All-American by USA Lacrosse and got some other local accolades.”
At that time, Rabil was already committed to play football at Dartmouth. After extensively thinking about it, he decided to focus solely on football.
“In the end, I made my decision out of respect for the football program,” he said. “I committed there first and decided to concentrate solely on it, striving for excellence and revitalizing the football program. I wanted to try and be excellent at one sport.”
Rabil was excellent as a key contributor and eventual team captain. He learned life skills that have carried forward to today.
“Playing football at Dartmouth pushed me to dig deeper within myself than ever before to prove my commitment and resilience,” he said. “It was the hardest I’ve ever worked at something. When something gets really hard today, I think back to the two-a-days I had to do for two and a half weeks straight playing against guys who were bigger, faster, stronger than me and also managing the academic rigor of Dartmouth.”
Rabil also needed to be a student of the game.
“If I was playing against Yale, I’d have to study their playbook, studying who I’m going to play against all week long — mentally and physically preparing myself,” he said. “Having to prepare, not only as a student, but also going to battle on the field every single week, it was the hardest I’ve ever had to work.
“When I find myself in a hard situation now, I often think back to those difficult times that built a lot of character and determination.”
Rabil was friends with many from the lacrosse team, but that was the extent of his lacrosse involvement.
“My best friends, who are like brothers for me, are Dartmouth football guys,” he said. “Dartmouth football is deeply intertwined with my who I am, and I also hold a genuine connection to the lacrosse program. In fact, some of my closest friends from Dartmouth were part of the lacrosse team.”
For Rabil, lacrosse was on the backburner, and would continue to be over the first several years post-graduation.
Rabil’s first job was in commercial real estate doing sales.
“My experience in that role gave me a great foundation that could translate to so many other areas of my life,” he said. “At least in a corporate setting, almost everything requires some level of sales. Afterward, I transitioned to the consulting side for a couple years where we advised major Fortune 500 companies on real estate portfolios. This experience served as a valuable second training ground for developing corporate discipline in finance, accounting and presentation skills for third-party interactions.”
Rabil would then delve deeply into entrepreneurship.
“With my Dartmouth roommate, Alex Tonelli, we started a bunch of businesses together,” he said. “Working with him gave me the confidence to go out and try to start something on our own. We originally started by building fitness centers, so we built a portfolio, a holding company of a bunch of gyms.”
Rabil later spent four years at Funding Circle, which was a strong training ground for leadership.
“The first corporate job was more hygiene, and this was leadership, leading teams and accountability,” he said.