Olympic Athletes 2016 and Lessons in Entreprenuership

The Rio De Janeiro held Olympic Games 2016 has offered a surfeit of inspirational moments. The Brazilian episode of the international competition has thrown up a number of moments which resemble an entreprenuer’s perilous journey. Like athletes, many a time, the entreprenuers push themselves to operate through deterred gratification and to the limit fot success. Indeed, entreprenuers can learn a lot from the athletes who competed in the Rio 2016 games.

Reputation management

Ryan Lochte, although an excellent swimmer, will always be known as an athlete who lied about himself being a victim of a robbery. Even though he won a gold medal, he was being called a champion in one minute and being insulted with the epithet of “ugly American” in the next. This fibbing will negatively affect his earnings potential in the future. For entreprenuers, it means understanding that their reputation impacts their business. This remains valid even when they socialize. Every action can be recorded and has the potential to influence how the business is run.

Never giving up

Mo Farah, already a legend, has given yet another lesson to entreprenuers when he won the gold in the 10,000 meters event. The athlete took a dangerous fall during the race and fell behind. He demonstrated determination and continued to run, and snatched gold by outrunning his competitors in the penultimate 200 meters. For entreprenuers, the lesson can be summed up in three words: never give up. Every entreprenuer at one point will suffer a setback. It is important to carry on.

Age is simply a number

Oksana Chusovitina, in her 40s can be considered long past the ideal age for gymnastics. Most of her fellow competitors are women in their early 20s and even in their teens. She is not only competing in the Olympics, but also doing the Produnova, the hardest vault that can be done. She came seventh and achieved her personal best. For entreprenuers, it means that age is nothing when it comes to realizing dreams. People who are older need not slow down, but can pursue their dreams of making it big.

Collective celebration

The 100 meters hurdles for women was won by Brianna Rollins (gold), Nia Ali (silver) and Kristi Castlin (bronze) . Rollins, after crossing the finish line, waited until the other two finished their race before celebrating together. For entreprenuers, it means that victory shared can be much better than celebrating by oneself. Celebrate competitors’ victories too.

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