Along with strong business acumen, successful entrepreneurs need to have good self-confidence, control over emotions, and a high threshold for managing stress. One of the best ways aspiring entrepreneurs can develop these skills is to practice martial arts, especially taekwondo. In this article from Total Impact Martial Arts, we’ll explore all the reasons why entrepreneurs should consider practicing taekwondo and the benefits it brings to their business.

You’ll Learn to Embrace Failure

Running a business will bring its ups and downs. While you may not celebrate every single victory, even the smallest of losses can greatly impact your self-confidence, productivity, and performance. Practicing taekwondo will teach you to embrace failure and view it as a learning experience rather than a defining moment. As a newcomer, you may find it challenging to execute techniques correctly and be constantly out-skilled by partners during sparring. But, your instructors will motivate you to keep pushing instead of giving up. In time you’re bound to improve your skills and overcome the fear of failure.

You’ll Develop Good Discipline

Chasing quick success is the perfect recipe for failure, as creating a successful business takes time. While you may have certain great months, the best businesses consistently perform well over years and decades. Similarly, there are no shortcuts one can take to go from a white belt to a black belt. On average, this journey can take 3-5 years, depending on the time you dedicate to weekly training. The training regime will shape you to be disciplined as you’ll need to follow it in and out of the gym. As reported by Code of Living, being disciplined will help you become a better entrepreneur as well, as you’ll commit to setting and following plans, ensuring the business is properly structured.

You’ll Learn to Control Emotions

While watching taekwondo, one may focus heavily on its physicality. However, that is only a small part of it, as managing emotions and having complete control over mind and body is more important. During training, sparring, or competition, one cannot let their emotions of anger, frustration, or excitement dedicate their actions. Being emotional can lead to errors and improper technique. In comparison, keeping emotions in check helps individuals to think critically, read situations well and react accordingly. In a business environment, a level-headed entrepreneur will make sound decisions, be a good leader, and easily tackle challenging situations.

You’ll Learn to Leave Your Comfort Zone

The TJB American Business Magazine explains that, when given a choice, individuals prefer to be in their comfort zone. However, in the gym, that is not possible as you’ll be constantly exposed to challenges in the form of drills, and sparring sessions, making you accustomed to pushing boundaries and being in uncomfortable situations. In business terms, this will mean you’ll have the confidence to put yourself out there and network with individuals, undertake challenging projects, set difficult goals, and take risks that can take your organization to the next level.

To further improve the chances of your business being successful, implement the following steps:

• Establish an LLC: A limited liability company establishes the business as a separate legal entity and protects the entrepreneur’s assets from business-related liabilities. Additionally, you are eligible for various types of tax breaks when you start an LLC.

• Enlist Help: Just like in the gym, surrounded by sensei and teammates who support you through thick and thin, form a team of experienced professionals who can undertake key projects and take some burden off your shoulders.

• Start Marketing: A business is nothing without clients, so let people know who you are and what you offer through strategic marketing. You can check into a banner maker to create a logo of your own. Use their free templates to create something that reflects your product and your spirit.

Practicing martial arts such as taekwondo provides much greater benefits than good physical health. It conditions your mind to be resilient and your will to be strong, which are important qualities to have as an entrepreneur seeking to develop a successful business in today’s competitive market. With some strategic marketing and networking efforts, your business will be thriving in no time.

Come build your leadership skills with Total Impact Martial Arts. We offer classes for leaders of every age. Visit us online to learn more.