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Identifying the characteristics of an entrepreneur and professional athletes

   

Added on  2022-08-14

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Identifying the characteristics of an entrepreneur and professional athletes_1

Introduction
This report aims to identify the similarities in nature of an entrepreneur and professional
athletes, these similarities are characteristics making a person different from the other to take
challenges in life.
Similarities in the characteristics
Athletes in a playing field take risks to perform their best in the team and entrepreneurship is
as same like a blind game, where a player handles risks to attain success, investing in a
business is same like a game. These characteristics are supposed to be same among
entrepreneur and pro athletes;
Goal oriented
Athletes are goal oriented and focused on a thing that they want to achieve with effective
strategies and planning. Athletes have effective personal and team goal management skills
and they are able to plan diversified strategies to reach their goals. As an entrepreneur has an
idea for any particular goal and plans strategies for self and for the team to follow path to
attain the goal. Venus Williams is a successful entrepreneur as she has found two firms
operating in the clothing and interior decoration (Elkins, 2020). She focused to deal in
different sector with a certain goal (Kenny, 2015).
Self-Drive
Motivation is an impotent and most common concept among the players at playing field and
payers in the corporate world. Self-motivation is most driving force for the both because they
need to communicate about personal strength and weakness to self and they have to train self
to fight the issues to win the challenge. John Elway owns an arena football league with many
Identifying the characteristics of an entrepreneur and professional athletes_2

other businesses to motivate self to earn maximum form the time after retirement (Jewell,
2020).
Confident and Poise
Confidence over planning and strategies to attain the planned goals is common in both, an
entrepreneur is passionate about the goals and he believe in the inner confidence to reach at
the successful end, same applies to an athlete’s (Elkins, 2020).
Determined and persistent
Determination and focus is important to reach the goal, entrepreneurs’ face many difficulties
in the initial stage of their goal implementation but determination to transform dream into
reality lead them to success hence a player in the athletes face the same issues (Ratten, 2015).
Prospectus for entrepreneurship in professional athletes
This is a very difficult term to define because defining suitability of any person for any
particular profession is challenging because every profession demand unique characteristics
and every human have same unique specialties to deal with the profession. Hence describing
a professional athletes is able to become entrepreneur is very challenging although they both
have may common characteristics like passion, determination and many more but still
entrepreneurship is a mind game need patience and tricks to deal failure in the market to plan
next strategy an athlete have short term temper to handle pressure and this cause issues to
them (Ratten, 2015).
Importance of teamwork in entrepreneurship
Teamwork is important and very positive in many manner as it have impact that two mind are
better than one because idea generating and implementing into reality demand effective
thinking, but teamwork sometimes lead conflicts hence effective leaders hip can help
Identifying the characteristics of an entrepreneur and professional athletes_3

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