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Extra Points: The Mirror

Johnathan Robertson has made a career of buying, selling and managing businesses, of parsing balance sheets, interviewing CEOs and touring showrooms and production plants. Over three decades running money in private equity and venture capital funds in Miami, Robertson has seen it all.

"Why do some companies get more traction than others, why do some take off? What makes for a good business?" Robertson wonders. "I get that question all the time. The answer is, leadership."

Robertson, a walk-on Tar Heel running back from the early 1990s who later earned a law degree from Harvard, is addressing the Carolina football team one June evening in the Kenan Football Center.