I’ve spent most of my life as a corporate guy in IT and tech. I knew absolutely nothing about starting a business until Pinoy Fitness came along. In 2013, I committed to working full-time for Pinoy Fitness. Reflecting on our journey, I realize that the lessons I’ve learned from running marathons and training for triathlons have significantly aided my entrepreneurial endeavors.
If you’re considering a similar path, here are seven invaluable lessons I’ve learned:
1. Setting Goals
Training for a marathon is no small feat. You can’t just wake up one day and decide to run a marathon. Depending on your fitness level, you’ll need at least 3-6 months to prepare. Similarly, in business, setting a clear goal and defining a SMART timeline are crucial. You can’t just dive in and expect everything to go smoothly.
2. Pushing Through
There will be good days and bad days. Training is unpredictable; injuries, increased workloads, and illnesses can all hinder your progress. The key is to keep your eyes on the goal, push forward, and make adjustments as needed. Entrepreneurship is no different; you’ll face challenges but must learn to persevere.
3. Having a Game Plan
Some might finish a marathon by running as much as they can, but it’s advisable to have a training plan to prepare for the distance and minimize injuries. In business, a well-thought-out plan serves as a roadmap to success.
4. Investing in Equipment
Choosing the wrong type of shoes or inadequate training gear can lead to injuries or fatigue. Investing in proper equipment and nutrition is crucial for success. The same applies to business; investing in the right tools can make or break your operations.
5. Getting a Coach
A coach provides invaluable experience. They can help you avoid common mistakes, motivate you when you’re about to give up, and cheer for you at the finish line. When I entered this business, I was fortunate to find a business coach who guided me through various processes, from registration and taxation to planning and hiring.
6. Tracking and Analyzing Performance
After every race, I analyze data from my sports watch to assess my performance. Similarly, in business, it’s essential to have metrics to measure success, whether it’s sales, website traffic, or social media engagement.
7. Visualizing Success
Visualizing yourself crossing the finish line can provide the motivation you need to justify all the hard work. In business, envision your goals for the next 3, 5, or 10 years to keep you motivated.
Running a business is not easy, but like a marathon, those brave enough to try will find the rewards well worth the sacrifices.