Pacquiao’s Victory, can we learn business discipline from it?
December 7, 2008, Philippine time. All eyes were glued on the television and every Filipino was very happy when Manny Pacquiao won over Oscar dela Hoya. From this victory, can we learn something that can be applied in business?
Yes we can… and we should. And what can these be? There are actually a lot of them, and here are just some:
Focus
Pacman has a lot of things to do aside from boxing. He has a hosting stint on local television, some businesses he invested in, social obligations he has to attend to, and of course his family. But when the need arise to focus on his mission, focused he was, and his sight was set on his desired result – to win the match.
Every entrepreneur should always be focused on what he wishes to accomplish in his endeavors. Taking everything that distracts his attention aside, until he has established his business.
Commitment
Pacquiao did everything and he committed himself in his objective. He trained hard, diet well, disciplined himself. And this is were self-sacrifice also comes in. Pacman left his kids home and flew to Las Vegas to prepare and train himself from the game.
This type of commitment and self-sacrifice should be emulated by every entrepreneur.
Research
The match did not start inside the ring. It started even before the match was agreed upon, and as soon as it was set, they did their assignment. Together with his team, Pacman viewed videotapes of Dela Hoya’s matches to find his weakness. Aside from that, they also did some self-assessment to find Pacquiao’s weakness and in which department he needs improvements.
This is where most entrepreneurs fail. Plunging into the business world without even doing some research – the feasibility of the business, target markets, demographics, and the reliability of the data gathered.
Most often, they eyes were glued on the projected bottom line that were presented to them, disregarding the most important question which is “how to get there?”
Support
Pacman knew how to get support. His training coach, his sparring partners, his team, and the Filipino populace knew his mission and backed him up on it. They supported him all the way.
Perhaps you have heard of a ‘self-made man.’ This type of person did not actually ‘arrive’ by himself. He just knew where to find support, he knows how to communicate, made his objectives clear to others and was able to get their cooperation.
Hearth
Above everything else. What sets Pacman apart from the Golden Boy and other boxers is the heart that he puts into the fight. He has a bigger opponent, but it didn’t matter – he has a bigger hearth.
As the entrepreneur will always experience, things will not be handed to him on a silver platter, he has to work for it – and really work hard.
The entrepreneur will always have bigger tasks, and obstacles set before him. But as long as he is focused, committed and willing to sacrifice, did his assignment and researched about his business and most of all he puts his heart into it, he has already won half the battle.
These are just some of the points that can be analyzed from the recent Pacman victory that can be applied in an entrepreneur’s own battle in his business.
Comments
12 Comments on Pacquiao’s Victory, can we learn business discipline from it?
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Paquiaoan on
Mon, 8th Dec 2008 1:47 am
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Avy Smith on
Mon, 8th Dec 2008 6:31 am
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blogRebel on
Mon, 8th Dec 2008 8:16 am
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Cyril @ risks of business on
Mon, 8th Dec 2008 8:53 am
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Roy on
Mon, 8th Dec 2008 9:40 am
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fatherlyours on
Mon, 8th Dec 2008 9:43 pm
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johnlazy on
Tue, 9th Dec 2008 9:15 am
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Roy on
Tue, 9th Dec 2008 10:01 am
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blogRebel on
Wed, 10th Dec 2008 7:37 am
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Eric/BlogDeManila on
Wed, 10th Dec 2008 5:42 pm
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Roy on
Wed, 10th Dec 2008 10:12 pm
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A legal contract is not something to play around with | Roysville on
Sat, 21st Mar 2009 7:54 am
Another zero-crime in the Philippines yesterday. Imagine if Manny will fight everyday, the Philippines will be a better place to live in. Thanks Manny!http://www.naruto81.net46.net
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All these things are imperative to follow to be successful… Manny had them, hence he could beat De La hoya…. watch the bout on http://www.sportsviews.com/
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LOL – looks like this one’s exactly the opposite of my post today about being lazy. Hehehe.
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And one important business learning is to know where the market is. Oscar knew it, Pacman definitely agreed with it and now, they’re both happy boys and million dollars richer!
That was one of the best marketing endeavor in sporting history, it created so much hype that the world – even none boxing aficionados watched the fight. And that was the works of a good businessman indeed.
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@ blogRebel, you were not lazy. you’re just taking a break. you SEO’d too much on this Pacquiao fight, hehe..
@ Cyril, you’re right. dela Hoya lost in the match, but he is still a million dollar richer. this is indeed one of the best marketing tactics that has ever been made – and it was even a non-title match!
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And we should not forget the export quality merchandise that Manny possesses. He has evolved from a brawler to an intelligent two hand feasted warrior. Great post. thanks
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Wow I love the theme Sir Roy. It’s great, falling snow wow! and pacquiao wow!
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Haha, you’re right Roy. With a few hundred dollars from the adsense stuff, it’s enough motivation also but then once in a while, need to take a break.
Just like this post, any business needs to earn money, and a good preparation is the key. For every Pacquiao fight, the bloggers are happy – we may not earn millions like what money errr, Manny earned, but sure they’re enough to buy you starbucks coffee (but I don’t like coffee – beer nalang. 
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learn how to quit… or should i say calculate the risks (from dlh point of view)…
thanks for dropping by ‘pre!
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[...] too long ago I blog about some business lessons we could learn from Pacquiao’s victory over Dela Hoya. Now, he is again showing us some things we can learn and apply to our business… not to play [...]
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