Every entrepreneur encounters failures — often a series of them — in pursuit of eventual success. The most effective business leaders cultivate resilience, or the ability to refocus quickly after setbacks, a skill they share with great Olympians.
Athletes, much like entrepreneurs, push limits and often fail. At the 1988 Seoul Olympics, American diver Greg Louganis hit his head on the diving board, knocking him unconscious as he plunged nearly 33 feet to the pool below. “My confidence at that moment in time was shattered,” he says. In a now-famous comeback, Louganis went on to win two gold medals that summer.