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From Michael Phelps to business lesson

The rules that make Michael Phelps the most Olympic medalist in history will also help you win the marketplace.

Becoming a business owner is like becoming a professional athlete. You must have strict discipline in managing your own time and resources. You have to be really calm to face the pressure of giving presentations to investors or advising difficult clients. And most importantly, you must be highly focused on achieving the goals you have set for yourself and your company.

So, what athletes can do all of the above?

That is Michael Phelps.

At the end of the 2016 Olympics held in Rio de Janeiro, Phelps brought 5 gold and 1 silver medal to the United States. This achievement also brought the total number of medals he won to 28 (including 23 gold), something no one else in history has done. Phelps also announced that this is his last Olympics. However, I do not know if this is true because, after the end of the 2012 Olympics in London, he said the same thing.

Regardless of whether Phelps will retire in the next Olympics, here are three pocket things you can learn from him.


1. Let challenges lead you to success


An article on the Olympics.org site said Phelps was diagnosed with attention deficit disorder (ADD) as a child. Therefore, swimming has been recommended by the doctor to the Phelps family as a remedy for this. No one expected that when the boy Phelps started swimming at the age of 7, one day he would break a series of records to become the most successful Olympic athlete of all time.

In 2014, Phelps was arrested for driving while drunk, which forced him to find a way to quit drinking and take a strict self-examination. An article by the Baltimore Sunsaid that after going through that incident, he “raised his love of work to a new level”. And when village coach Bob Bowman visits Phelps in a re-education center in Arizona, he finds that he “seems determined to have to deal with the darkest patches of his past”.

As a business owner, sooner or later you will find yourself falling into unintended adversity. Successful people move forward in the midst of challenges, and turn transient failures into spark that ignites the desire to win ultimately.