Good preparation, strategy, well-being, attitude, mindset, skills and teamwork are all attributes essential in both the life of the footballer and the entrepreneur.
However, in football, things are arguably a little more unpredictable. One shot, pass, tackle, or save can change a club’s outlook and budget for an entire season. Footballer’s bonuses also come into play when clubs budget, making seconds on the pitch count for something more. Football comes with the element of surprise and luck, which is why we love it.
Arguably, business is more of a cold calculation. It takes a lot for business people to set up a successful brand, but it’s easier to plan for the long term than in football. There are a plethora of factors that need to be analysed and evaluated to create said predictability. But, by doing this properly, forecasting becomes more accurate.
From an early age, footballers understand processed thinking. In academies, coaches make individual plans to help players reach their maximum potential. If a young footballer wants to become a professional, following the development programme is key.
This principle applies to entrepreneurship, too. A proper business plan or a comprehensive brand strategy ensures your growth, if followed.
2. Compound Effect
Athletes understand that they must improve their skills each day to get better. Many people who go to the gym do the same workout at the same intensity day after day. The athlete, on the other hand, has a mindset of performing at least 1% better than yesterday.
This continuous development is essential for business people. If you are working towards your goals harder than the day before, then you are a step ahead of your competition.
When footballers win games, they cannot celebrate for long. They know the next match is coming soon. The same principle applies when games are lost. Athletes quickly analyse what they could have done better, to avoid making the same mistakes. Resilience is a quality that all CEOs in the world have. There is a time to rejoice and also a time to learn from failure.
If you would like to explore the idea of developing a business as an athlete, please get in touch via our contact page!