The think (here) Blog

As an entrepreneur, the thought often crosses one's mind that this game of life, this pursuit of sustainable financial freedom, this opportunity to leave a profound positive impact on the world is in many ways a competition.  With the winter Olympics in full swing what better better way to illustrate the interdisciplinary techniques and traits that the most successful entrepreneurs apply than discussing those used during the ultimate competition.

This week, Tt(h)B will examine three of these interdisciplinary techniques and traits.  On Friday we will conclude this series with a look at the key differences between these two 'competitions'.

Trait #1- Uncompromising Devotion

Malcom Gladwell calls it 10,000 hours, Will Smith calls it his "treadmill", Olympic Champion Scott Hamilton chalks it all up to "perseverance". 

"He has been practicing 10 hours a day...", "not much of a social life", or "since she was 2 years old," are as common elements to tales of Olympic glory as "Once upon a time..." and "Happily ever after," are to Fairy Tales, and there is a reason.  Olympic glory comes at a high price.

Olympic champions and successful entrepreneurs share this trait. In the grand scale of time, preparation trumps luck, and the only way to be more prepared than anyone else is to devote every action, every thought, and every fiber of your being to it.

So before you invest a single dollar or even a single second of your time, it is important that you accept that the journey ahead will be filled with personal sacrifice, dedication, and perseverance.  Are you up for it?

Want to see How to be an "Olympic" Entrepreneur: Part 2?  Click here.