Skip to main content

How Is A Sports Icon Is Similar To A Successful Entrepreneur?

In any game, in order to win, there should Be a strategy. The player must be having a strategy. It is the art and skill of guiding, forming, and carrying out a plan. A game will be won through proper execution of plans. Without a concrete and solid execution or implementation will be a tragedy. The same is true with entrepreneurship. Let's take a look at how Manny Pacquiao I mean Senator Manny Pacquiao prepares for every boxing fight. Filipinos know him for the discipline he commits to his training. The preparation stage itself is part of his sports regiment. Pacquiao wakes up early in the morning to run and do sprint work in different terrains. He has hours of heavy punching bag and speed work out, shadow boxing, jumping rope, and other though routines. Oh, and he also does 1,400 sit-ups or stomach crunches everyday. He also spars with strong boxers similar to the built, boxing style, and punching power of his opponent. All these and more are part of his strategy. Just like in sports, a business is most likely to succeed with training, discipline, and a very good game plan, which are all part of a well-design strategy. Preparation is a strong weapon for an entrepreneur. And other words without a plan and well design and execution strategy. You must answers the basic questions: What Is My Product Or Service? Who Is my Market Or Target Consumer? What Is The Niche Market Of My Product or Service? What Is The Different Factor Of My Product or Service? What Is My Marketing Plan? How Will I Execute My Plan And So On... Putting up a business starts with the answers to these questions. Without answers you will just be empty-handed and ignorant. Study very well the components and aspects of Entrepreneurship, especially the particular industry you want to enter. Note: Thank you to Senator Manny Pacquiao your not only a champion in sports but as well in politics. And thank you and courtesy
to Mr. Paulo M.Tibig The Author of the Book Strategies, of a Champion Entrepreneur. This book is available in leading bookstores and this book is design for the students who aspire to become Entrepreneur someday.

Popular posts from this blog

Is it okay to be friend to your ex?

I know this is not related to my topic in my previous article I mentioned this already I'm sure its worth it to tackle again, I'm sure anyone can relate to this topic. On my previous article I have mentioned in there its okay to be friend to your especially if you have a children because for the sake of the children. However if you don't have a children but one of the party is already having a family or vice versa then therefore its awkward to be friend with your ex. If you have no children on your previous relationship then maintain a civil relationship. But you must unfriend her/him or unfollow him/her to avoid the problems of the family. For example she was your girlfriend during college, and you become a coward and idiot, you runaway, years later you found her in facebook and you tried to contact her again, you realize that you still love her, and she's still single, on the other hand you already have a family, you found your beautiful wife and adorable childre…

Raising Money

Are you raising capital the best and fastest way possible? Other than using your own savings, you can fund your business by borrowing from friends and family and applying for bank loans. Borrowing can be tricky though, especially when it involves personal relationship's and debt you're hoping to pay off through a business that hasn't taken off yet. Here are you three fundraising alternatives that don't endanger your personal relationships and don't take too much time away from actually running your business. Take Credit. For business that use tangible assets (like furniture, computer hardware, food and restaurants among others), owners can arrange for 15-30- or 60 - day payment periods with trusted suppliers.This arrangement buys you time to generate business revenue before paying off the raw materials you used. Term payments also help you to stay liquid as you don't have to pay your suppliers as soon as their deliveries are made. Trade credit doesn'…

Lending or Microfinance

If you considering this this of business, just think about first the pros and cons, here's the things that you must consider its risky since its base on a foundation of trust, let may tell you something, some people are good only the first time they will pay you. The second time its okay on the third time expect them not to pay you. So its very important you must know the person or that your going to give the money. I know some people who are very good paying their debt and it's hard to find them. But not everyone does a good one there's some.So before you give money to anybody you should know the history, ask people around, either with a neighbor, or as them if they have some credit company or simply check their electricity bill, water bill ,this way you will know this person is a good customer, base on this you will determine right away, and why's that for example, she had no lapse she's pay her electricity bill or water on time. If she had lapse then think abo…