Why Manny Pacquiao will be a successful entrepreneur

21 Oct 2018, 03:09:38 AM

As someone who is new to the world of Entrepreneurship, I seek for the perfect formula for being successful and those I pick to be my own are from a humble boxer named Manny "Pacman" Pacquiao. Here some points why I think Manny can also be a champion in the world of startups.

Strong passion - Any successful entrepreneur will always say that passion is key to success and this means enjoying what they do every single day. This characteristic is always with Manny. “Boxing is my passion ... As I approach my title defense against Chris Algieri, I have found that my passion for boxing has increased. I do not feel old. I feel great and I feel I am able to train as hard as I always have and enjoy it. Maybe more importantly, I still enjoy boxing - a lot,” Manny said as quoted by digital journal.com.

Clear goal – It is in every book about entrepreneurship that one of the greatest mistakes is failing to come up with clear goals. But successful entrepreneurs also highlight having the right kind of goal and it’s not just about being rich but having something more meaningful. Manny has that. ”My goals are to finish as a world champion, winning my remaining fights … I do have one specific goal and that is to give the boxing fans the fight they have always asked for (one with Floyd Mayweather Jr.). I want that fight too,” he said speaking with ESPN.

Spongelike nature – Ask any successful entrepreneur about his competition and he will describe it as if he runs them. Manny is like a sponge because he takes this process very seriously. In preparing for his upcoming fight with Chris Algieri who was quoted as having an awkward boxing style, Manny acknowledges his opponent’s best performance instead of boasting of his own. “Algieri is also the most scientific, fluid and fittest fighter I have ever opposed. All of those factors, plus he is five years younger than me, make him the most dangerous opponent of my career,” Manny told ESPN.

Winning formula (a routine) – At the age of 14, Manny was already determined to get out of poverty by pursuing boxing and he has become a professional boxer when he was 16. Since then, he has won world boxing titles in eight different weight divisions, and is considered one of the world's best boxers. “There are no shortcuts to victory. My success begins and ends in training camp. You win a fight by winning each round and it is the same in training camp. I give my all each and every day -- running in the morning, working out in gym and praying in my home -- and focus on being the best I can be physically, mentally and spiritually,” He said about preparing for his upcoming match.

Low fear of failure – Wherever Manny goes there is always that question on when is he going to have that fight with Floyd Mayweather, Jr. who remains undefeated. It is not Manny who avoids it, in fact he is chasing him. “Why he will not fight me? Well, I think he is worried about his (undefeated) record. He talks about his zero losses. The zero that means so much to him means nothing when measured against who he fought." He said as quoted in nj.com.

Internal locus of control - Manny believes that his future in boxing is determined heavily by the choices he make and less of external factors. He knows when to retire and in what terms. “As long as my skills and my passion remain strong I want to continue my boxing career. When I retire, I want it to be on my terms. I do not want to spend my retirement regretting that I walked away from boxing before I was ready. I do not want to come back and fight after I retire,” Pacquiao said as quoted in ESPN.

Happy life outside the ring – He enjoys boxing and that’s a sure element for his success. But outside the ring, he’s also a singer and an actor. He also recently made his professional basketball debut. Not that he’s up for getting awards in these arena but he is surely enjoying posing for cameras, holding his own concerts and playing ball. The same with our favorite entrepreneurs.

Congratulations Pacman!

Smile, because I say so

Photo from flickr.


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