It was disheartening to see Germany out of the race to the 2018 FIFA World Cup. However, no international football team has tasted success in the FIFA World Cup as Germany! Being four-time winners, four times runner-ups, and reaching the semi-finals 13 times is no small feat.
That being said, budding entrepreneurs can learn a thing or two from the German football team. You could quite easily say that the German football team’s secrets to success and consistency are worthy of being a case study in every BBA syllabus or MBA courses.
So, if you’re a budding entrepreneur who wants to make it big someday, here are three lessons you can take from the masters of the game – Germany.
What does Germany’s football team teach you about mastering the art of entrepreneurship?
1. Importance of teamwork and handling egos
The German football team consists of a star-studded squad with names like Toni Kroos, Manuel Neuer, Mesut Ozil, Thomas Muller, Mario Gomez, and Sami Khedira. In the past, it has had decorated players like Oliver Kahn, Michael Ballack, Bastian Schweinsteiger, Miroslav Klose etc.
All these players have represented some of the biggest clubs in Europe and have been among the highest paid football players. Despite their club accomplishment and talent, none of these football stars can win a single football match on their own.
Football is a team sport and the secret of success of the German football team is management and handling of massive egos by their coach, Joachim Low. Teams like England have failed in global competitions in spite of having a star studded line-ups due to the clash of egos within the team and inability of players to leave their premiership rivalries within the team.
If you are a budding entrepreneur, you should learn from the management system of the German football team. It can help you understand and work with your teams in the future. Do understand that a budding entrepreneur cannot grow a business all alone and requires a qualified and skilled team to be successful.
An entrepreneur should play a role similar to a head coach in football, who guides the team, assigns roles and responsibilities to team members and ensures each team member is fulfilling their roles, and manages conflict among team members.
2. Past success cannot guarantee future success
Irrespective of Germany’s football team’s impressive track record in the past, Germany lost to Mexico 1-0 in their opening game of the FIFA World Cup 2018 and recently failed to qualify further.
Similarly, an entrepreneur might have been a successful professional in the past or might have tasted early success in their business venture, but it doesn’t mean the same will be translated into future success. An entrepreneur, budding or seasoned, consistently needs to work hard, innovate and deliver promised results irrespective of past accomplishments. That being said, entrepreneurs can take advantage of the distance learning courses in Mumbai or Bangalore and upgrade their skills and knowledge without diverting much time from their business commitments.
3. The need to adapt
In 2000, when Germany failed to win even a single match in the group stages of Euros, the team realised the need to change and adapt, which they did. The German Coach, Jurgen Klinsmann took charge of the team in 2004 and decided to reinvent their playing style into fast passing attacking style. This reinvention earned Germany the runners-up title in 2002 FIFA World Cup, and led to their victory in the 2008 Euros and 2014 FIFA World Cup.
Time to tackle entrepreneurship!
Budding entrepreneurs need to adapt and reinvent themselves and their business with changing times to stay a few steps ahead of the competition. Young entrepreneurs can take advantage of correspondence courses to update their knowledge enabling them to adapt to the ever-changing business environment. Hopefully, these lessons from the team can get you inspired and take you to the top in the entrepreneurial world.