The sporting world may not be your first thought when it comes to business success however, the industry itself can contain some of the most high profile and profitable business decisions on a yearly basis. The transfer window occurs seasonally and allows teams to negotiate deals of selling players across teams, with multi-million offers rivaling that of most high profile business companies there is much to be learned about business from the sports world, that can be applied to real-life business management and negotiation.

 

Running a Team

A key point that the sports industry thrives on is team management, much like in the business world sports teams will consist of players and a manager, it falls to the manager to take up many roles to help maintain team strength. A manager must not only delegate key roles but also be a mentor, a friend, a therapist and a strict decision-maker, the qualities needed to be a good sports manager are also vital components of a leader in the business world.

 

In the business world, a good leader will have similar qualities and skills in order to keep up team spirit and ensure that everyone is where they are supposed to be. In order to ensure success is achieved in both industries a manager will also take up the role of guiding their team efficiently, it is clear that the sporting world and business world are both in need of strong management.

 

Financial Decisions

Something else that the sporting industry relies upon is the professional and sensible use of club funds, particularly in football the team will be funded in a variety of ways including under the club fund. Cohesive money management is vital in ensuring your team’s future is safe and the money isn’t being misspent in any way. Many clubs will raise funds by selling merch such as souvenirs, sporting equipment (some of which can be found on  runningandmiles.com) as well as hosting events and renting out function spaces, this money is relied upon to secure the club’s financial safety, which is why it is crucial it is managed properly.

 

This idea of being safe with money is something that can also be carried over into the business world, companies must be proficient with how much money they are spending particularly in the early stages of a new setup. When profits are just starting to come in, you must be careful not to overspend too quickly and to save some of the money you earn to ensure your business is covered if sales are to drop.

 

Negotiation

A final essential skill utilized largely within the sports industry is negotiation, teams must be skilled in negotiation particularly within transfer windows when teams will exchange players. Negotiation is a key factor as you must battle to sell and purchase players for a mutually beneficial price, the exchange must be worth it, for example, if you buy a player for a large sum they must bring revenue back into the team by helping to get wins for the team.

 

In the business world negotiation obviously plays a huge part in the investment process, if you were to sell shares of your business in exchange for investment it is vital you make good use of the money and use it to generate even more profit. Much like in sports the investments you make must be negotiated to get the best price and increase the likelihood of the money being well spent. Overall there are many aspects that can be taken from the sporting industry and applied in the business sector, particularly within team and finance management.

 

As we know, exercise is important to maintaining a healthy lifestyle and keeping your body in good shape as you age. However, if you are someone that has a busy work schedule it can feel hard to try and fit a dynamic work out into your schedule. It can be difficult to allocate time outside of work and it’s not like you can fit exercise into your work schedule, or can you?  Here are 6 Steps to Help fit exercise into your busy work schedule.

 

Abandon the chair

If you’re someone who works at a desk all day, you’re really not doing your body any good. A good way to combat this is by abandoning the chair and installing a walking desk. This means that your body isn’t just sitting unused all day, as you can actually move around while you get some work done. If you decide that you want to do this, then you may have to consider why you should wear compression socks.  If you’re on your feet all day, your body may start to feel the effects, and pressure may build in your legs. Compression socks are a great way to combat this and will improve the Blood flow to your heart, making you healthier overall.

 

Use the stairs

This is something that people often neglect when going about their daily business at work, but you can benefit massively from choosing to take the stairs instead of using the lift. The lift may be a tempting option if you want to get somewhere fast, but the small change of using the stairs instead of the lift can really benefit your health in the long run. Sometimes using the stairs can be faster too, as when it comes to using the lift you have to wait for people to get in and out which can really be annoying.

 

Walk to Work

If you live at a reasonable distance from your work, why not walk? Walking is a very good way to stay in shape and walking instead of driving or taking the bus will also save you a lot of money in the long run. It will also help the environment if you choose to walk also, which may tempt you into choosing to walk.

 

10-Minute Exercises

If you are someone who works long hours then it may seem unreasonable to consider fitting in time to exercise. Now, a quick solution for this is to do a number of quick exercises in place of one big exercise session.  This means, instead of doing a full 30-minute workout, take 10 minutes 3 times during the day to do short exercise routines. You can find plenty of short, high energy work out videos available online. Or you can make up some of your own, activities such as push-ups and sit-ups are great for this.

 

Work out with Coworkers

If you have a small business meeting ahead of you, why not make it a fun game of tennis where you can get some exercise done while hashing out any new business plans. This is a great way to fit a work out into your day, but also get to know your coworkers in a competitive environment.

 

Get your Office Active

The more people in your office that take on your health kick, the easier it’ll be to fit exercise into your work schedule. A fun thing that people are doing all around the world is office exercise time, this consists of all of the office getting active at a specific time. This can be anything from completing a lap of the office or doing a little dance, it can be a very fun activity.