Have you ever walked into a busy retail store, and heard a patron say, “this place must be making a fortune”? Obviously this analysis is simply based on the amount of people in the store at the time. Then maybe a year later, the same establishment closed. That very same patron might wonder what happened.

Many people love to watch the game of hockey, why is that?

They understand how the game works; enjoy evaluating and observing their favorite players in action. These fans will keep themselves up to date, go to the actual games, have long discussions with friends, watch the sport shows, and read the newspapers. Through these means they can study the players, know their stats, and can give an educated opinion on the game of hockey. Most of these types of dye hard fans are very passionate about the game, and some might agree with me when I use the term obsessed. If some of these fans would consider dedicating themselves the same way in business, they could be very successful!!!

How does hockey relate to understanding business?

• The player’s would be your employees.
• Your fans are the loyal customers.
• The referee’s is the governmental bodies who enforce the laws.
• The stats are your business numbers.
• The passion comes from within.

Final thought

It is very important to have the right business training before venturing out on your own. This way you have a clear perceptive on how the game works, and what it will take to be good at it. The patron in the store was just an impressed fan, but did not know how to play the game. There is nothing wrong with that, and everyone is entitled to an opinion. However maybe the next time you hear someone say, this store is making a fortune, hopefully you will have gained some better awareness about the game of business!!!