This section, and chapter in the book, is about entrepreneurial ideas. How to evaluate ideas for a venture? Which ones are good, which ones are bad? How to even find them?
Use the commentator-field (if your comment does not get published instantly, just wait for a while, in worst case even a day or so…spam-filters are not that perfect, yet, I ´m not able to be behind the curtain fixing all that when I´m sleeping).
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Stop Nobody Move 
Story 1: Mutual support from competitors
New Zealand’s 400-metre runner Nikki Hamblin and American athlete Abbey D’Agostino collided and fell to the ground during the heats. After the collision, Abbey encouraged Nikki to get up and continue the race. Despite both being injured, they supported each other and finished the race. After the race, the women were praised worldwide for their sportsmanship and support of each other. (https://www.nbcnews.com/storyline/2016-rio-summer-olympics/rio-2016-runners-abbey-d-agostino-nikki-hamblin-show-true-n632476)
In entrepreneurship, idea generation is inevitably tough, and when there are short-term failures, help from competitors in the same field may be mutually fulfilling.
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Thank you for this heartwarming story.
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I really like this story, these athletes rather win in life than win in the race and it really shows what kind of people are they.
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This story is so heartwarming! Supporting each other in difficult times not only helps others overcome challenges, but also deepens mutual respect and understanding within the industry. This attitude of finding cooperation in the midst of competition promotes a healthier and more innovative business environment
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This story is so heartwarming! Supporting each other in difficult times not only helps others overcome challenges, but also deepens mutual respect and understanding within the industry. This attitude of finding cooperation in the midst of competition promotes a healthier and more innovative business environment
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Very insightful! Sometimes, in entrepreneurship is not about the competition, it’s about to finish it together!
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I have read about this. This story was really thought provoking in the sense that I I would do the same if I was in her place?
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What works (and what does not)?
In the Olympic Games of 1912 in Stockholm, the Östermalm Athletic Grounds bore not only witness to impressive feats of strength, dexterity and constitution, but also to a showdown of pistol dueling, this being the third iteration of said sport at the Olympics. Participants wore protective equipment and only used wax bullets, preventing chance at any serious injuries. However, despite how dangerous and exciting this sport may seem, it was not so at the Olympics, as participants shot not at each other, but at plaster dummies at 20 and 30m distance.
12 Years previously, the Olympic games in Paris held a test event (meaning it not yet held Olympic status), that was introduced to be added to the upcoming iterations of the Olympic Games. The sport in question was poodle clipping. 128 competitors had two hours to clip the fur of as many poodles as possible, and while this sport may seem exciting in theory, there were many drawbacks. There were questions about whether they preferred quantity over quality, if all the poodles were the same size, and so on. Avril Lafoule won the gold medal after having clipped a total of 17 poodles within two hours, but despite his impressive feat, the sport was not admitted to the Olympics.
From the previous two examples, we can conclude that some sports work, and some don’t (at the Olympics). In entrepreneurship, it is also important to explore new options and opportunities, and regard all ideas – however, it is also important to think about what works, and what does not. Some ideas need further exploring and several iterations before you can decide, others were a bit obvious from the start. But what is important is to give ideas a chance.
https://www.gq-magazine.co.uk/lifestyle/article/olympic-games-weirdest-events
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Hi westra8752d33e7d! What an interesting example, nice that it’s a local story 🙂 It’s very true that in entrepreneurship the ideas need to work and sometimes an idea does not work and you can continue to a new idea! I really enjoyed reading your story, and the entrepreneurial idea behind it is very well thought of!
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Very interesting story. Otherwise, this inspires me to think about why the existing sport (successful enterprise) is works, so as to learn the necessary experience.
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Haha quite amusing stories! It is hard to imagine all of them before reading.
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Laird Hamilton, a professional surfer who not only conquers massive waves but excels in turbulent, unpredictable conditions. This surfer has mastered the art of balance and adaptation, riding through unexpected challenges with finesse. Known for riding colossal waves, Hamilton’s ability to navigate unpredictable ocean conditions serves as a metaphor for entrepreneurs navigating turbulent markets. The story emphasizes the importance of staying balanced in the face of market volatility and quickly adapting to changes. Entrepreneurship, like surfing, requires adaptability and the ability to navigate through uncertainties. Successful entrepreneurs can balance risk and innovation, riding the waves of change with agility and resilience.
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Hi Sanne,
That was a great short story. Riding the waves is such an important concept in the chaotic startup ecosystem at the moment. Flexibility and willingness to pivot are indeed very important.
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That was a great way of connecting the story to a entrepreneurial concept.
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Imagine a rock climber facing the sheer vertical walls of El Capitan in Yosemite National Park. Now envision that climber without ropes or safety gear, ascending with nothing but bare hands and a chalk bag. This is the story of Alex Honnold, a free solo climber whose tale epitomizes trust, skill, and the importance of a reliable support system.
Alex Honnold’s free solo ascent of El Capitan, which can be seen in the documentary “Free Solo,” is a testament to his unparalleled skill and unwavering trust in his abilities. Honnold, meticulous in his preparation and mental focus, executed a climb that was once thought impossible without protective gear.
Honnold’s story is about the importance of pushing boundaries, thinking beyond conventional limits, and venturing into uncharted territory. Like a visionary entrepreneur, he embraced innovation, taking calculated risks to challenge the status quo. Honnold’s journey serves as a reminder that, in entrepreneurship as in rock climbing, innovation and calculated risk-taking can lead to unparalleled success
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I knew about this story before, never thought of it in an entreprenurial way until now, great!
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Hi Sanne!
Thank you for your story! I really like your conclusion, sometimes entrepreneurs should take the risks and then gain the unexpected success.
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While the story of LeBron emphasises the initial success of Uninterrupted, a critique might explore the sustainability of the venture in the long term. Addressing how the platform adapts to evolving media trends and remains relevant in the rapidly changing landscape would enhance the narrative.
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Story 1: Never Give Up
UEFA Champions league is arguably one of the most prestigious competition in the whole of football competitions. It is a competition for the best clubs that is playing in Europe, and in its history has created some of the best matches, goals, stories, and rivalries. One story that stuck out is that of Liverpool in the 2018-2019 UEFA Champions League where they eventually came out as the champions in that year, however it is not done without any hurdles especially in a competition this big. In the semi-final, they have to face Barcelona, which at that time have the lineup of Messi, Suarez, Coutinho, and more of the big names in football.
They played the first leg at Camp Nou (Barcelona’s home stadium) which gives a moral advantage for the Barcelona player, Liverpool lost this game 3-0 with goals coming from Messi and Luis Suarez. This is not a good sign, losing 3-0 especially againts Barcelona is usually a death sentence to your whole competition run, but every single Liverpool players, staff, and fans have nothing to lose, it’s been a while since we’ve achieved this silverware and now more than ever with the current lineup of Liverpool boasting the likes of Mo Salah, Sadio Mane, and Firmino, there could be no better chances.
The next leg of the game was played at Anfield (Liverpool’s home stadium), at this point in time every Liverpool fans know that it is next to imposible to progress to the Finals of the Champions League, with the requirement of going the finals being scoring at least 4 goals without conceding at all, to the front line of Messi and Suarez this is not at all an easy task. Moreover, two of Liverpool front line were injured and cannot play in the 2nd leg of the fixture, Mo Salah and Roberto Firmino.
At the start of the game, Mo Salah was there to cheer on his team with a shirt that says “Never Give Up”, this is what every single Liverpool supporters is thinking, never give up. The whistle blows, Liverpool was aggressive from the start, Sadio Mane brought the ball forward pass it to Henderson, Henderson shoots but Ter Stegen blocked it, Origi got the rebound and kick the ball into the Barcelona nets, 1-0 for Liverpool 6 minutes into the match. At this point in time everyone lights up, “it is not impossible” is the thoughts going arorund every Liverpool fan. The first half is done, we played good and many of Barcelona attacks was sufficiently defended. The second half starts and Alexander Arnold crosses the ball in the penalty box, Wijnaldum was there, 2-0 to Liverpool, not long after Shaqiri passes the ball into the penalty box, again Wijnaldum was there, 3-0 for Liverpool, at this point in time we are level with Barcelona with an aggregate of 3-3, but then Barcelona conceded a corner, Trent Alexander-Arnold being the creative that he is saw an opportunity when everyone had their defense down and took the corner quickly before everyone senses what is going on, Origi was there, 4-0 for Liverpool. That’s it, Liverpool has won, history of the greatest comeback have been made, one that is full of fight againts a team as giant as Barcelona, and one thing sticks to all footbal fans throughout the world, it is to never give up.
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In business, it reminds me of the stories of little-known companies that beat the giants. In the 1980s, for example, Apple successfully challenged IBM’s dominance with the introduction of the Macintosh personal computer.
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Story 1: Kevin Cordón
Kevin Cordón’s story is a testament to the spirit of perseverance and breaking barriers, not just in the realm of sports, but also echoing the ethos of entrepreneurship. Representing Guatemala in the 2020 Tokyo Olympics, Cordón made a remarkable journey to the semifinals in men’s singles badminton. In each match, especially during the semifinals, his passion was palpable; with every point won, his triumphant shouts resonated, stirring the hearts of spectators. His performance was not just about personal achievement; each step he took on the court was a historic imprint of Guatemala on the world map of badminton, challenging the dominance of traditional badminton powerhouses.This narrative closely mirrors the journey of startups in the business world, overshadowed by the looming presence of industry giants. Just as Kevin Cordón carved out a niche for Guatemala in a sport dominated by a few countries, startups have the potential to make their mark through relentless refinement of their skills and steadfast adherence to their unique vision. In the face of overwhelming odds, startups can garner recognition and amplify their voice globally, resonating loud and clear, much like Cordón’s shouts on the badminton court. His story is a powerful reminder that with determination and passion, even the underdogs can challenge the status quo and inspire a new narrative in any field, be it sports or entrepreneurship.
Story 2: Alex Honnold
Alex Honnold’s journey to free solo El Capitan is a profound testament to the power of resilience and unparalleled dedication. His meticulous approach extended beyond mere physical preparation; it involved an exhaustive study of every crevice and ledge of the imposing granite monolith. Honnold’s commitment to his craft saw him engage in rigorous physical training, mental conditioning, and countless hours of practice climbs, all aimed at ensuring his body and mind were in perfect harmony with the rock. This relentless pursuit of excellence and preparedness in the face of immense risk is akin to the entrepreneurial journey. Success in business, much like in Honnold’s climb, often hinges on an individual’s ability to anticipate challenges, adapt strategies, and maintain an unwavering focus on the end goal. Entrepreneurs, like Honnold, navigate their ventures through uncertain terrains, where the stakes are high, and the margin for error is slim. Yet, it’s their commitment to their vision, coupled with a calculated approach to risk management, that propels them forward, turning seemingly insurmountable obstacles into milestones of achievement.
Story 3: Diana Nyad
Diana Nyad is an American author, journalist, motivational speaker, and long-distance swimmer renowned for her remarkable athletic achievements. Her most notable accomplishment occurred in 2013 when she successfully swam from Havana, Cuba, to Key West, Florida, without the protection of a shark cage. This extraordinary feat covered a distance of approximately 110 miles (177 kilometers) and took her about 53 hours to complete. What makes this achievement even more remarkable is that Nyad was 64 years old at the time, showcasing her incredible endurance and strength. Nyad’s story resonates deeply with the entrepreneurial spirit. In the world of startups and business ventures, entrepreneurs often face seemingly insurmountable obstacles. Market conditions, competition, and resource limitations are just a few of the hurdles that can deter the faint-hearted. However, Nyad’s mantra, “Find a way,” serves as a powerful reminder that the spirit of never giving up, coupled with creativity and resilience, can turn the tide in one’s favor.
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The Portuguese footballer Cristiano Ronaldo, considered by many as one of the greatest players of all time, has won 5 Ballon d’Or awards, 33 senior trophies and over 300 trophies and medals in his career. He holds the record for most goals in UEFA European Championship and the FIFA Club World Cup. He is quoted as saying “Dreams are not what you see in your sleep, dreams are things which don’t let you sleep.”
When evaluating entrepreneurial ideas, Ronaldo’s approach is a valuable guide. It encapsulates the essence of entrepreneurial spirit—those ideas that ignite a fire within and refuse to fade away. An entrepreneur must have conviction in the idea and believe it is possible to make it a reality. The drive to succeed and the hunger to reach the goal must be present in order to fuel the internal motivation.
Just as Ronaldo meticulously assesses his performance on the field, entrepreneurs must carefully evaluate the viability and potential of their ideas. The ones that resonate deeply, that keep them awake at night with excitement and possibility, are often the ones worth pursuing. These ideas have the power to drive passion and fuel innovation, propelling entrepreneurs towards their goals with unwavering determination.
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True, we can see many footballers with great skills. But to succeed, skill is not the only factor. We need dedication, perseverance and grit. Also some luck I guess.
PS: Messi is better 😂
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Story 2: It’s all about strategy, not the luck
Formula 1, the biggest name in the racing category of sports, is a battle of technology, strategy, and skills. In the 2020 edition of the Italian Grand Prix held in Monza, Italy, was one of those extraordinary grand prix with incredible results. Our main character is Pierre Gasly, driving the AT01 for the team Alpha Tauri, they are not the best team finishing only 7th out of 10 in the constructor championship. However, this one race something different happened, Kevin Magnussen HAAS car broke down and has to stop in front of the pitlane bringing out the safety car. Seeing this, the AlphaTauri team commanded Pierre Gasly to come into the pit to change his tyres, however not long after that, the pit entry was closed due to Kevin Magnussen’s car being stopped in near the pit lane entry. Not noticing this, Lewis Hamilton, the person that was most likely to win the race went into the pit, this incident caused him to get a 10 second stop/go penalty. The closed pit entry also hindered other teams strategy not being able to change their tires while there is a safety car, which is the best time to go into the pit. One lap before the safety car comes in, the pit entry is open again, allowing all the other drivers to go into the pit, this promoted pierre gasly into the 3rd position. Not long after the safety car go in, Charles Leclerc crashed into the barrier bringing out a red flag, which means that everyone has to go into the pit and stop while the barrier is being repaired. After the red flag, the restart is a standing start, which means it is similar to the race start in the beginning, being in 3rd position, Gasly swooped in on the 2nd Position car being Lance Stroll and cemented his position on the grid to be 2nd, Lewis Hamilton then needed to do his penalty which promoted Gasly to first. From then on it was a battle with Carlos Sainz in the Mclaren for the win, but in the end due to their strategy with enough tyre wear they are able to win the grand prix.
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Everyone knows the story of the football great Lionel Messi. When he was 11, he was diagnosed with Growth Hormone Deficiency. As you can imagine, at the time, especially in South America, a good build was required to become a footballer. Since Messi had GHD, he was not expected to succeed and his family was also poor to afford a treatment. But this did not deter him, as he kept on playing and found his own playing style which took advantage of his height. Then at the age of 13, Barcelona signed him, and well, the rest was history.
There are two take aways in this story. First, Messi Messi did not get disheartened with his diagnosis, and followed his dream by converting his disability to an advantage. So, an entrepreneur needs to fully understand his strength and weaknesses and find ways to use them to his advantage.
Second, Barcelona took a risk in signing him at a time when giving contracts to teenagers, especially that young was not common. But they were willing to take the risk by seeing his football ability. So an entrepreneur should be willing to take risk, but only after proper analysis.
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Lionel Messi’s story is a classic example of relentlessness, innovative thinking and proper risk assessment. These principles apply not only in sports, but also in business and entrepreneurship
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Surya Bonaly is a French figure skater who made history in 1998 for landing a back flip on one skate at the Nagano Winter Olympics in Japan.
She sustained a terrible injury causing her achilles tendons to be ruptured prior to the competition, which meant that she would be unable to perform a triple Lutz , a move fundamental to scoring enough points to stand on the podium. She decided to risk it all and instead insert a back flip in her routine, something extremely dangerous. Due to the risk of competitors dying from landing head first on the ice, this move had been banned since 1976. However, since what was banned was the regular backflip, landing on two skates, she thought her surprise move could still earn her a high score given that she would land on one skate, and be the first competitor to do so.
The judges did still consider that she broke the rules and deduct her points instead, causing her to end in the 10th position only. However, the public was stunned and absolutely loved her performance, earning her great popularity in France in particular, where she was the first black woman to represent the country in the Winter Olympics.
It is a story of risking it all when having your back against the wall, which is a great lesson for entrepreneurship and business where knowing how to take risks is crucial.
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Footballers at the end of their career, without proper planning suffer financially. This is because their main source of income stops after retiring and they still keep on living as they would when they had the income without doing anything to get the additional income.
But there are many players who plan their careers in such a way that when they retire they have a proper source of income. One of the best examples in David Beckam. When he realised he was past his prime, he decided to play his final years in the relatively unknown league of MLS. Many people criticised his decision to leave Europe and play for a “minor” league. But he had a proper plan. He knew he had many fans and following such that wherever he went, he could the league views. And since the football was growing in US, he decided to come to MLS to play on the condition that after he retires, he could buy a club for about $25 million. And he did just that and started InterMiami club. Now, the club is worth over $1 billion dollars.
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Beckham’s story of successfully utilizing his personal brand for long-term investment is inspiring. It is a valuable lesson for all professional athletes and others seeking to make a successful transition after retirement.
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Story 2:
The other French figure skater who really won over the public in the 1998 Winter Olympics is Philippe Candeloro. He became very famous with the younger generation by using popular soundtracks for his performances, earning him the love of the younger and older generation. He developed his signature move, in which he spins and drops to his knees on the ice, by accident during training. This is good metaphor in the field of entrepreneurship, where a lot of innovations spurs fro accidents. Instead of focusing on the negative aspect of a failure, recognizing the potential in the unexpected and making it one own’s has been the key to many great successes. It is also interesting that it was once again a move that went against the rules, as it was mandatory to normally have only skates touching the ice at all time. It also goes to show how entrepreneurs can also benefit from standing on the edge and being ahead of changes in norms and and maybe pushing for changes in the law.
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One possible real life sports story showing entrepreneurship values is the story of Sandeep Singh, a former Indian hockey player and captain. He made his international debut in 2004 and was known for his powerful drag flicks. In 2006, he was seriously injured by an accidental gunshot while traveling on a train. He was paralyzed and in a wheelchair for two years, but he did not give up on his dream of playing hockey again. He underwent rigorous physiotherapy and training and made a remarkable comeback to the national team in 2008. He led India to qualify for the 2012 Olympics and was the tournament’s highest scorer. He also played in various hockey leagues worldwide and became a coach and mentor for young players. He inspires many people who face challenges and adversity in life. His story was also adapted into a Bollywood film called Soorma in 2018. Sandeep Singh exemplifies how entrepreneurship can be driven by passion, resilience, and innovation.
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Story 1: Perseverance in the Face of Adversity
Chinese hurdler Liu Xiang, renowned for his outstanding achievements in athletics, faced a career-defining moment at the Beijing Olympics in 2008. Carrying the hopes of a nation on his shoulders, Liu was set to compete in the 110-meter hurdles, an event he previously dominated and held the world record in.
However, tragedy struck during the heats when Liu sustained an Achilles tendon injury, rendering him unable to compete. The image of Liu in agony, clutching his ankle on the track, was broadcast worldwide, capturing the hearts of millions. Despite his personal disappointment and the immense pressure from his home crowd, Liu demonstrated exceptional sportsmanship and courage.
In a profound display of resilience, Liu rose from the track, kissed the last hurdle, and hobbled across the finish line. His actions resonated deeply with spectators and competitors alike, symbolizing the Olympic spirit and the unwavering determination of athletes in the face of defeat.
The story of Liu Xiang at the Beijing Olympics serves as a powerful lesson for entrepreneurs: setbacks are inevitable, but it is the grace and determination with which one handles these challenges that define true success.
Read more about Liu Xiang’s inspiring Olympic moment.
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Story 2: Defying Gravity and Boundaries
Eileen Gu, also known as Gu Ailing in China, has become an icon in freestyle skiing, transcending boundaries both geographical and athletic. Born and raised in San Francisco to a Chinese mother and American father, Gu made the bold decision to compete for China in the 2022 Winter Olympics, a move that drew global attention.
With her gravity-defying tricks and composed demeanor, Gu has dominated the freestyle skiing world, securing gold medals and setting new records. Beyond her athletic prowess, she has navigated cultural complexities with the elegance of a diplomat, becoming a bridge between two powerful nations.
In January 2024, Gu’s influence was more than just about her sporting achievements; her voice resonated beyond the slopes. She became an advocate for women in sports and a role model for young athletes around the world. Her story is not just one of sporting triumph but of personal identity and global influence.
Gu’s journey is a testament to the power of embracing one’s heritage and choosing one’s own path. Her success in freestyle skiing is paralleled by her work off the slopes, advocating for diversity and representation in sports. Eileen Gu’s story encourages entrepreneurs to take leaps of faith, embrace their unique narratives, and redefine what is possible.
Discover Eileen Gu’s inspiring journey and impact on and off the slopes.
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Story 3: Progress is key
Indonesia and Football is almost synonimous, with the country being so into the football culture that almost everyone plays and watches it. However in this big country, Indonesia only ranks 146 according to the FIFA ranking. The current head coach Shin Tae Yong is recruited to try and better the Indonesian National Football Team (Tim Garuda). The team used to be plagued with inconsistsent form and bad startegy, but it has been slowly progressing each minute, each hours, each matches, and each competitions. The latest competition is the AFC Asian Cup 2023 which Indonesia is placed againts giants such as Japan and Iraq and also with the ASEAN brother of Vietnam. In history, Indonesia has lost big to Iraq but in the present, they have played a more confident match being able to score a goal to the iraq nets although still losing 3-1. Vietnam, being the ASEAN brother has always been the better of the two compared to Indonesia, but in this competition, Indonesia has shown a stronger side finally achieving a win againts the golden star nation. Then comes the fight againts Japan, the favourite to win the competition, Indonesia stood up tall, head held up high, we won’t go without a fight, and that’s exactly what happened, Indonesia fought with all their might against a giant team of Japan, we conceded 3, but in the last minute we scored a goal. Indonesia has the loweest average age in the whole of the competition, and who knows what the future might hold for Indonesia.
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Your comment captures the essence of Indonesia’s deep connection with football and its evolving journey in the international arena. The emphasis on the national team’s progress under coach Shin Tae Yong highlights the team’s resilience and growth. Your mention of their performances in the AFC Asian Cup 2023, especially against formidable opponents like Japan and Iraq, showcases their fighting spirit. The team’s youthfulness and potential for future success are also promising signs. It’s a well-rounded perspective on Indonesia’s current standing and potential in football.
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Story 3:
The last story would also be about pushing for a change in the rules with the example of trans athletes competing in the gender they identify with. It opens an interesting conversation about how sport competitions should look like in the future. Rules and laws are a reflection of society’s norms, and as society changes, it is natural for rules and laws to evolve as well. The legalization of cannabis in many US states aligned with its common consumption. Instead of conducting a war on drug against it, its legalization opened a very profitable industry. What if drugs were legalized and regulated, would the young dealers become successful entrepreneurs instead of future convicts/dead at 20 years old?
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While the story raises questions about the future of sports competitions and the need for rule evolution, it is essential to present a balanced perspective. Acknowledging potential concerns or counterarguments to rule changes, especially in the context of sports is I think really important.
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I think it is a piped dream to legalize drugs as there are way far more drawbacks to this. For example, what kind of regulatory framework would need to be in place to ensure public safety and health? How might drug legalization influence law enforcement priorities, and what could be the potential impact on crime rates, particularly related to drug trafficking and illegal drug activities?
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Story 3: The Leap of Faith
At the tender age of 14, Quan Hongchan not only captured gold at the Olympics but also the hearts of millions. Behind her remarkable poise and extraordinary talent lay a deeply personal quest — to win for her mother’s recovery. Each dive she executed with flawless precision was a metaphor for the entrepreneurial journey: a leap of faith, driven by a purpose beyond the self.
Quan’s story is a poignant reminder that true success often stems from the love and sacrifice we are willing to make for others. Her journey underscores a profound entrepreneurial lesson: when our ambitions are anchored in a cause greater than personal gain, our efforts transcend the ordinary, propelling us towards excellence.
Just as Quan dove with the weight of her family’s hopes, entrepreneurs often embark on their ventures with a mission to uplift, innovate, or solve pressing issues. It’s this unwavering dedication and commitment to a cause that can turn challenges into triumphs — much like Quan’s perfect scores that etched her name in history.
Through Quan’s narrative, we are reminded that in business, as in diving, sometimes the riskiest moves, motivated by the purest intentions, yield the greatest rewards. Her spirit mirrors the entrepreneurial mindset — where every setback is an opportunity, and every success, a chance to make a difference.
Learn more about Quan Hongchan’s inspiring story and her historic win.
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The first story I want to tell is about Joe Davis, the father of modern snooker, a pioneer who led everyone into a new era of snooker.
In all official competitions, Joe Davis has never lost a single game, and in every final, there is a huge gap between the champion and the runner-up. Davis’s brilliant record of winning 15 consecutive world championships is still unmatched. It can be said that he was completely ahead of his time.
In terms of technical indicators, he set a total of 687 hundred-shot records, and in 1955 he set the first full score record in an official competition in snooker history – 147 points in a single stroke. Until then, this number existed only in theory.
How did he achieve this series of achievements?
He was the first player in snooker to realize the importance of consistently controlling the movement of the cue ball, or a player who truly had an overall view of attack – he had already calculated it in his mind before shooting a perfect score of 147. All dribbling routes throughout the game!
Before this, the common strategy for players to play was to make a snooker defense (this is also the original meaning of the word snooker, “blocking”) after pocketing the obviously scoreable ball, so the single shot score was low. Joe Davis controlled the movement of the cue ball through good awareness and superb stick skills, and scored consecutively, which greatly improved the technical level of snooker.
And more importantly, he captured the core of competitive sports and made the cake bigger. His strategy also greatly increased the intensity and spectacle of the games, attracting unprecedented audiences to pay for game tickets, followed by brand sponsors, thereby increasing the athletes’ prize money and naming fee income. This in turn promotes the improvement of professional athletes and puts the sport into a virtuous cycle of development.
From him, we can understand the principles of innovation and entrepreneurship – only by having the courage to break tradition, planning continuous attacks, and striving to provide core value can we lead the industry to a new peak.
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The second story I want to tell is about:
“The Billiards Emperor”, “The King of the Crucible”, Stephen Hendry
The best superstar in the world in the 1990s and maintains absolute dominance! He won 36 ranking tournament championships, still unmatched in snooker history. His influence is not only reflected in honours but also his innovation of snooker.
After Hendry retired, the WPBSA official website praised him as the “greatest” player: “He changed the way snooker is played, turning it into a strategic and tactical sport rather than a pure attack in a short period.” The official website also used 5 superlative adjectives to summarize Hendry’s achievements in 2012: “In a quarter of a century, he turned himself into the greatest player and won the most world championship titles, the most ranking event trophies, the most single-stroke century breaks, and the most prize money.”
The reason why Hendry became the “greatest” is because he was not satisfied with the status quo, but constantly innovated and planned to elevate snooker strategies and tactics to a new level. In entrepreneurship, disruptive thinking and strategic changes are also the keys to success.
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WPBSA: World Professional Billiards & Snooker Association
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The third story I want to tell is still Hendry’s, but this time the late hero ushered in the most ruthless abandonment by the goddess of victory.
In 2012, after losing 2–13 to Maguire in the quarter-finals, Hendry announced his retirement from professional snooker at the age of 43, citing dissatisfaction with his standard of play and difficulty balancing competitive, commercial, and personal commitments.
But in the strange year of 2020, 8 years after retiring, Hendry unexpectedly announced his comeback, but his professional performance could no longer reproduce the glory of his early career. In the 2021-2022 season, he participated in multiple ranking events, but failed to enter the top 64 in any competition. Although he won some preliminary matches, he lost all further matches to his opponents. He also failed to make significant progress in the 2022-2023 season, experiencing a series of defeats, including: At the 2023 World Snooker Championship, he lost 4–10 in the first qualifying round to his ex-wife’s nephew James Cahill, after which he said he still had “a very distant dream” that he would one day compete at the Crucible again.
In a podcast interview following his defeat to O’Brien—at which point he had won just three of 18 matches since rejoining the professional tour—Hendry said he was considering retiring again, calling his performances “embarrassing” and acknowledging that he had not been practising for events.
In competitive sports, weakness is the ORIGINAL SIN.
In the ever-changing world of modern snooker, resting on the laurels of the past will not work, even for superstars with brilliant careers before.
This story tells us that past success cannot ensure future glory. Success requires constantly adapting to changes in the times and bravely facing new challenges. Only those who are ahead of the times and are not satisfied with the glory of the past have a probability of winning or even survival.
It is not a pity that your era has passed, but it is a pity that you can’t tell which year it is now.
“Weakness and ignorance are not barriers to survival, but arrogance is.”
—Cixin Liu, The Three-Body Problem
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One of the most celebrated underdog stories in football is the tale of Leicester City in the 2015-2016 English Premier League season. Before the season began, Leicester City was considered a likely candidate for relegation and faced odds of 5000-1 to win the league. However, under the management of Claudio Ranieri, they defied expectations. Key players like Jamie Vardy, Riyad Mahrez, and N’Golo Kanté played pivotal roles. Their consistent performance, team spirit, and tactical discipline led them to clinch the Premier League title, completing one of the most remarkable underdog stories in sports history.
The Leicester City 2015-2016 Premier League victory is a powerful metaphor for entrepreneurship. Just as Leicester, with their modest resources and low initial expectations, triumphed over well-established, wealthier teams, entrepreneurs often start with limited resources and face seemingly insurmountable odds. Leicester’s success was built on a combination of strategic leadership, team cohesion, and maximizing the potential of undervalued players. Similarly, successful entrepreneurs often thrive by identifying unique market opportunities, fostering a strong team culture, and efficiently leveraging limited resources. This story exemplifies how determination, innovation, and a well-executed strategy can enable an underdog to overcome industry giants.
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One of the most iconic examples of disciplined sportsmanship is the story of Japanese marathon runner Shizo Kanakuri. During the 1912 Stockholm Olympics, he disappeared during the marathon race and was considered missing for 50 years. In reality, he had passed out due to the heat and later returned to Japan without notifying officials. He was later invited back to Sweden in 1967 to complete his race. His total marathon time was recorded as 54 years, 8 months, 6 days, 5 hours, 32 minutes, and 20.3 seconds – the slowest marathon in history. Kanakuri’s story is not only about the discipline in sports but also about integrity and the unique resolution of an unfinished journey.
Shizo Kanakuri’s story in the 1912 Stockholm Olympics, where he disappeared during the marathon and completed it 54 years later, is a powerful metaphor for entrepreneurship. It symbolizes the journey of an entrepreneur, where the path to success is not always direct or easy. There can be unexpected setbacks and long pauses, much like Kanakuri’s marathon. However, the true essence of entrepreneurship, as in sportsmanship, lies in perseverance and the determination to finish what you started, regardless of the time it takes or the obstacles encountered. This story embodies the spirit of resilience and commitment that is essential for any entrepreneur.
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Liu Guoliang: From Table Tennis Champion to Business Strategist
Liu Guoliang, a Chinese athlete and coach who has achieved numerous honors in table tennis, has not only made remarkable achievements in the sports world, but has also demonstrated his talent in the business world. After retiring as a coach and leading the Chinese team to numerous honors, Liu began to expand his business territory.
Liu’s business acumen is mainly reflected in his insight and promotion of the commercialization of table tennis. He utilized his reputation and influence in the sports world to actively participate in the promotion and sale of table tennis related products. In addition, Liu Guoliang was involved in the creation of the Sports Training Institute, which not only helped train a new generation of table tennis players, but also contributed to the popularization and development of table tennis.
Liu Guoliang is likewise actively involved in several business partnerships and brand endorsements. His image is highly recognized and influential not only in China but also internationally, making him an ideal candidate to attract business partnerships and brand sponsorships. Through these commercial activities, Liu Guoliang has not only created a new source of income for himself, but has also further enhanced the commercial value of table tennis.
Liu’s commercial success stems from his deep understanding of table tennis as a sport, as well as the leadership and influence he has built up over his career as a player and coach. His story is an exemplary example of how to turn sporting achievements into business success, and it also proves that athletes can diversify beyond their sporting careers to realize the continuation of their self-worth.
All in all, Liu Guoliang has not only achieved great things in sports, but has also proven himself in the business world. His story has inspired countless athletes and entrepreneurs alike, demonstrating that it is possible to succeed in multiple fields through continuous learning, adaptation and innovation.
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story 2:
Li Ning: From Gymnastics Champion to Sports Brand Magnate
Li Ning, a legendary figure in Chinese gymnastics, garnered countless medals and honors in his illustrious sports career. However, unlike many athletes who face financial difficulties post-retirement, Li Ning successfully transformed himself from a world-class gymnast into a business tycoon through meticulous planning and commercial acumen.
Realizing the finite nature of his sports career, Li Ning began exploring how to leverage his fame and experience in athletics into a new identity in the business world. His vision was to establish his own sports brand, dedicated to providing high-quality sports equipment and apparel. This idea eventually evolved into the well-known “Li Ning” brand of today.
In its early stages, the Li Ning brand faced numerous challenges competing against internationally renowned brands. However, with Li Ning’s deep understanding of the market and relentless effort, the brand gradually carved out its own space in the market. Utilizing his influence in the sports field, he pushed the brand onto the international stage, successfully transforming a Chinese brand into a globally recognized sports label.
Today, the Li Ning brand is not only a significant player in China’s sports goods market but has also gained widespread recognition internationally. Li Ning himself has become an exemplar in both the sports and business worlds, demonstrating how an athlete can continue to impact the world through business savvy and innovation post-retirement.
Li Ning’s story is one of vision, persistence, and innovation. He has proven that, even after the end of a sports career, foresightful planning and continuous innovation can open new doors to success, setting a precedent for future athletes and entrepreneurs.
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story 3:
Michael Jordan: A Basketball Legend’s Business Empire
Michael Jordan, one of the greatest basketball players in history, didn’t limit his success to the basketball court. Unlike many athletes who face financial challenges after their careers, Jordan successfully transformed his athletic achievements into immense business success through careful career planning and commercial savvy.
As Jordan realized his basketball career was nearing its end, he began to focus on future business opportunities. One of his most famous commercial moves was partnering with Nike to launch the “Air Jordan” line of sneakers. This brand quickly became a symbol in both the basketball and fashion worlds, creating vast wealth for Jordan.
Beyond his personal brand, Jordan also invested in various fields, including buying a stake in the NBA’s Charlotte Hornets and eventually becoming the team’s principal owner. This move was not only an extension of his basketball career but also a deep dive into basketball operations.
Jordan’s business acumen extended beyond sports branding; he ventured into the film industry, contributing to the production of the popular animated movie “Space Jam.” These ventures showcased his ability to transform sports achievements into diversified business opportunities.
Today, Michael Jordan is not just a legendary figure in basketball history but also a titan in the business world. His story inspires countless athletes and entrepreneurs, proving that with foresight and innovation, success beyond a sports career is possible.
Michael Jordan’s story exemplifies how an athlete can leverage their influence and expertise to achieve tremendous success in the business realm. His success demonstrates the spectacular transformation from a sports star to a business mogul, achievable through strategic planning and commercial insight post-retirement.
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1.Muhammad Ali’s Comeback:
Muhammad Ali, born Cassius Clay, was a charismatic and skilled boxer who faced a pivotal moment in his career during the 1960s. His refusal to be drafted into the Vietnam War due to his religious beliefs led to the stripping of his boxing titles and a suspension from the sport. Ali spent over three years in exile, unable to compete professionally. In 1971, the U.S. Supreme Court overturned his conviction, allowing him to return to boxing. His comeback culminated in the historic “Rumble in the Jungle” in 1974, where he faced the formidable George Foreman. Ali, employing his famous “rope-a-dope” strategy, defeated Foreman and regained the heavyweight title, showcasing not only his boxing prowess but also his resilience in the face of adversity.
Muhammad Ali’s comeback story teaches us the enduring power of resilience in the face of adversity.
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2.Michael Phelps’ Olympic Triumph:
Michael Phelps, an American swimmer, faced mental health challenges and struggled with the intense pressure of being an Olympic athlete. After winning six gold medals at the 2004 Athens Olympics, Phelps faced a DUI arrest and a temporary retirement. However, he returned to the pool, seeking treatment for his mental health issues. At the 2008 Beijing Olympics, Phelps won an unprecedented eight gold medals, breaking Mark Spitz’s record. His story serves as an inspiration for overcoming personal struggles, seeking help when needed, and achieving unparalleled success in the face of adversity.
Michael Phelps’s story highlights the significance of seeking help and confronting personal challenges head-on. His struggles with mental health and the pressure of Olympic competition are relatable to many. Phelps’ decision to prioritise his mental well-being, coupled with a determined return to the pool, serves as a lesson in resilience and the importance of acknowledging and addressing one’s mental health.
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1.Serena Williams’ Return to Tennis:
Serena Williams, one of the greatest tennis players of all time, faced a life-threatening situation after giving birth to her daughter in 2017. She experienced complications, including a pulmonary embolism, that required multiple surgeries. Despite the challenges of motherhood and the physical toll on her body, Williams made a remarkable return to professional tennis. She reached the Wimbledon and U.S. Open finals, demonstrating her resilience, determination, and ability to balance motherhood with a successful career. Williams’ comeback story showcases not only her athletic prowess but also her strength in overcoming health challenges and continuing to excel in a highly competitive sport.
Serena Williams’ comeback after a life-threatening childbirth experience exemplifies strength, determination, and the ability to balance personal and professional life. Williams’ story resonates with those facing health challenges, showcasing the importance of perseverance and a positive mindset.
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