The Sport of Business

As I have been thinking about our latest decisions with the iPhone sports apps, the idea that sports and business have a lot of common popped into my head; I think it’s rather intuitive. Business and sports have so much in common: persistence, passion, patience, perseverance, dedication, and competition.

What don’t they have in common? I like what Mark Cuban writes about this:

In basketball you have to shoot 50pct. If you make an extra 10 shots per hundred, you are an All-Star. In baseball you have to get a hit 30 pct of the time. If you get an extra 10 hits per hundred at bats, you are on the cover of every magazine, lead off every SportsCenter and make the Hall of Fame.\ \ In Business, the odds are a little different. You don’t have to break the Mendoza line (hitting .200). In fact, it doesnt matter how many times you strike out. In business, to be a success, you only have to be right once.\ \ One single solitary time and you are set for life. That’s the beauty of the business world.

And that puts a little smile on my face. As I stated before, I’m not in this for the money. Ya, I want financial freedom. But the idea of being able to impact thousands of people, if not millions, keeps me hustling. We must do this, after all, we only have to be right once.

You can follow me on Twitter @jprichardson

-JP

If you made it this far, you should follow me on Twitter. Follow @jprichardson

-JP