At an espnW event in Chicago on May 3rd, espnW and Ernst & Young presented a report that pinpointed five traits athletes develop that translate to key entrepreneurial skills. Here is how the five traits can help.
- Confidence: The belief that you can reach your athletic goals will later transfer to the belief that your ideas and abilities will make you a successful businesswoman or entrepreneur.
- Single-mindedness: Athletes’ lives and focus are built around a sport and those goals. When building a business or starting a career, it’s often necessary to have that same laser-focus.
- Passion: Both in athletics and business, the desire to strive to do whatever it takes to reach a goal requires the enthusiasm and resilience derived from passion.
- Leadership: In business, not only do you need to be able to lead people to work towards achieving something, but you have to be able to inspire them to have a passion for doing it and seeing it as more than just a job.
- Resilience: Athletes know how to handle the inevitable failures and obstacles that come with business, especially as an entrepreneur creating something from scratch.