Why Most Successful Entrepreneurs Love Sports
Wednesday, October 31st, 2007Anytime that you make a generalization about any group of people you are destined to be off base. But at the same time generalizations do help identify trends and garner understanding about people’s thoughts at a high-level.
One of the generalizations that we often discuss at WV is that entrepreneurs love sports with many of them being ex-athletes. This discussion caused us to ask the question, “why are athletes drawn to the entrepreneurial mindset?”
Our answers:
- Sports have clear winners and losers. Entrepreneurs like to know a score and the feel of victory. These are almost always self-evident in start-ups/emerging companies
- Athletics are a form of creativity. Entrepreneurial thinking people love to create things. They like having tangible things that they feel like they formed.
- Great athletes like to push themselves. By definition, an entrepreneur is someone who believes they can do things better than they are currently being done.
- Athletes have an appetite for taking risks. Although we don’t believe that most successful entrepreneurs are just crazy risk-takers, we do believe they have a certain appetite for risk.
Once again, generalizations are never full proof. But there are things you can see if you identify in yourself or other entrepreneurs you work with.