Running a business through lessons learned playing sports

With extensive experience in management, Tyler Tysdal knows what it takes to be a true leader in business. Many lessons in business leadership and success can be found in the least likely places, for example, sports.

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 Yes, people who’ve played competitive sports have often exhibited many abilities and the proper mindset to lead a company into the future. Here are some things people may learn from sports which they may apply to business.

Initiative: Many business leaders, especially at the start, are hesitant to make tough decisions or to propose changes in a company. Sports teaches people to take the initiative and to set goals and go for it with all they’ve got.

Physical and mental preparation: Probably one of the most underrated parts of the business is preparing one’s self. Far too many people who are stressed out in the office quit because their bodies and minds can’t handle the stress. It’s exactly the same in sports. Conditioning and preparation is an incredibly valuable process to make sure one is tip-top shape to perform the tasks ahead.

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Trust: People who’ve played competitive sports, especially team sports, know how and when to put the ball in their teammate’s hands. The same is true in business leadership. Trusting the people you work with is key, points out Tyler Tysdal.

Tyler Tysdal was the Managing Director of a single-family office with over $1 billion under management. Prior to the single-family office, Mr. Tysdal was Managing Partner of the private equity firm TIVIS Capital, where he was also the Co-Founder of Sports Shares, a fractional luxury suite club. For more reads on investments, visit this blog.