Fury vs Wilder: Business Lessons Learnt.

1. Preparation is key.

As Muhammed Ali said,?“The fight is won or lost far away from witnesses -- behind the lines, in the gym and out there on the road, long before I dance under those lights.” The difference between winning and losing in boxing, as well as in business, often comes down to that all-important advance legwork.

2. Develop mental toughness.

The fight saw a total of 5 Knock downs. Cus D’Amato, the famous trainer of champions Mike Tyson, once said “The hero and the coward both feel the same thing, but the hero uses his fear, projects it onto his opponent, while the coward runs. It’s the same thing, fear, but it’s what you do with it that matters.”?

Every business owner has at some point in business been scared of something. That’s normal. That’s human. Use this fear to fuel your actions?toward achieving your goals.?

3. Master the fundamentals.

The fight saw both boxer utilise the four basic punches, which are the jab, straight, uppercut and hook. Every boxer will throw thousands and thousands of them in an attempt at mastery.

Business owners too often take for granted that they're correctly executing the fundamentals without consistent honing. What are the four basic punches of your job??How can you work to improve each of them?

4. Champions aren’t born. They’re made.

Both fighters had a 12 week training camp where they were away from their families. When asked why you stay so long in camp, Wilder responded, ‘Practice makes permanent’. Most business owners have experienced trying something new only to struggle mightily upon their first efforts. Thoughts like “Maybe I’m not naturally talented at such and such” or “this simply isn’t my thing” might creep into their?consciousness.?

Although many world-class fighters have a tremendous amount of God-given talent, none?woke up one day and suddenly became a champion.?The heroes of boxing, like the titans of the business world, are more made than born. Remind yourself of this fact to help you through the tough times.?

5. Be strategic.

There’s a reason boxers have a corner man working with them during a match i.e Sugar Hill and Malick Scott. This coach serves as a mentor and strategist, a resource for each fighter to lean on throughout the match.

A good corner man can spot weaknesses in an?opponent or dole out advice the fighter might not arrive at . Business owners need a?strategist or two?in their corners to guide them along.?

6. Be on guard.

A?boxing catchphrase "protect yourself at all times" offers simple but powerful advice for all pursuits in?life. What are your vulnerabilities?as a business owner? Are you guarding against letting these limitations take you out?