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3 Lessons Competitiveness in Sports Teaches about Success in Business

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Many of the most successful entrepreneurs are highly competitive. It’s no coincidence that many of the most successful entrepreneurs are also athletes or former athletes.

Speaking personally, sports have played a huge role in my success. I was a pole vaulter in highschool, I earned a college track scholarship, and became a high school coach. Through all of this, I developed an internal measure of success and was able to hone my mental and physical discipline. Without my athletic background, I wouldn’t have achieved the level of business success I enjoy today.

But one mistake people make about competition and business is thinking of winning only in comparison to others. Falling into the comparison trap can actually be self-defeating because we forget how little we know about others’ success. We don’t see the 10 years of effort behind the “overnight success.” We don’t see the grinding quietly in the shadows that preceded the explosive launch.

Instead of competing with others, the biggest lesson my athletic background has taught me is that we entrepreneurs should focus on competing with ourselves. Key to my success has been competing with who I was yesterday, last week, last month, or even last year. So let’s talk about three other lessons competitiveness in sports can teach us about success in business.

Make Every Moment Count

My dad was my first coach. In high school, he would give us an epic speech before every track meet. He would talk about how we have to make every event count. From the first 4×800 meter relay to the closing 4×400 meter relay, he would tell us we had to “scratch and claw” our way through the entire meet. This taught us that while winning feels great, what you learn on the way to winning is even more important.

The same is true in business. You have to scratch and claw your way through the days when you don’t feel like working. You have to scratch and claw your way through the mishaps and misfortunes, the natural ebb and flow of running a business. Are you going to fall down? Of course. Over and over. But if you keep your eye on the prize and focus on making every moment count, you’ll find your path.

Hold Yourself Accountable

When I talk about how it’s more important to compete with yourself than to get distracted by comparing yourself to others, I’m talking about holding yourself accountable. One of the challenges of owning your own business is that no one is there to hold your hand or look over your shoulder to see if you’re doing what you’re supposed to be doing. If you don’t find a personal source of motivation, you can easily fall on your face.

I was fortunate to learn this lesson early in my career. Once I graduated from college and stopped pole vaulting, I missed the competitive outlet. Being a high school coach and teacher just didn’t give me the same fire. I knew I wasn’t done competing, though. I simply needed to find another competitive outlet – somewhere where I could direct my discipline and mental fitness.

Starting my Amazon store became that outlet and I channeled everything I learned throughout my years as an athlete into growing my store. The fire was back and the fire made it easy to hold myself accountable. What stokes your fire?

Adjust Your Path, Not the Final Result

Once you develop solid habits around making every moment count and holding yourself accountable, you’ll see another important component of entrepreneurial success: momentum. And the great thing about momentum is no matter how bleak things might look, you’ll stay committed to your dream. While the path may need adjustment, the final result will remain the same.

For example, during the early days of starting my Amazon store, I made a mistake that cost $18,000. My back was completely against the wall. I hadn’t yet told my family about my endeavor and I was afraid I would have to reveal this huge mistake without the successful ending I was hoping for.

I was in a place where I was in danger of losing all momentum that I had built to that point, but I would not give up on my dream — and neither should you.

Because I had developed solid habits and because I had faced similar situations with my back against the wall in sports competitions, I knew I couldn’t give up. My only real option was to scratch and claw, bust my ass, and compete to be the best in the Amazon space, so I could get out of the hole I had dug for myself. I knew if I could do that, I could propel myself into  something better. And that’s exactly what I did.

I stayed focused on the end result. I focused on improving my systems and processes day after day. And now, we sell on Walmart, eBay, Shopify stores, and Facebook Marketplace. Sounds like winning to me.

So the next time you get down on yourself because you see someone you perceive as a competitor beating you, go back to your end result and recommit to competing with yourself.

The entrepreneurial path won’t always be easy — it certainly hasn’t been for me. But if you stay focused on your goal and compete against yourself to better your best from one day to the next, you will eventually get to your destination.

Ecom Automation Gurus, founded by Kirk Cooper, creates a fully automated eCommerce store for its users to assist in making passive income. Cooper has been featured in Success Profile magazine, and is an Entrepreneur.com contributor. To check out their services and book a call, visit their website here.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Interview with Jason Ho, CEO of Teklium: A Vision for the Future of Technology

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Photo courtesy of Teklium 

By Mj Toledo

There is a wealth of experience behind Teklium, and it is embodied in its chief executive officer (CEO), Jason Ho. His educational foundation was laid at National Chiao Tung University and Pennsylvania State University, where he developed his skills in electrical engineering. With over 400 patents to his name, he has played a key role in advancing semiconductor technologies and artificial intelligence (AI).

From leading custom chip design for the F35 Fighter Jet to innovating at Teklium, Ho’s work has been adopted by major corporations worldwide. In this interview, he shares his vision for the future of technology and how Teklium’s developments fit into this broader landscape.

Q: Hi, Jason. For those who may not be familiar with Teklium, could you tell us more about your company?

Jason Ho: Certainly. Teklium is a technology company focused on improving AI and semiconductor technologies. Our mission is to create self improving AI systems and hardware that can tackle various technological challenges and shape the future of multiple industries.

Q: You hold over 400 international patents, with one of your most notable innovations being hydrogen battery technology. What inspired you to promote this sustainable transportation solution?

Jason Ho: I’ve always been deeply interested in finding sustainable energy solutions, especially in transportation. Traditional lithiumion batteries have clear limitations, both in terms of performance and their environmental impact due to resource mining. Hydrogen batteries present a promising alternative, offering both environmental benefits and faster refueling times, which could make electric vehicles more practical and appealing.

Q: What drove you to focus on hydrogen battery technology specifically?

Jason Ho: My collaboration with Mark Bayliss, President of Visual Link, played a significant role. Mark introduced the concept of a closed loop hydrogen system, and our joint efforts resulted in the development of a hydrogen battery technology that we believe can provide a clean and safer alternative to lithiumion batteries. This inspired me to continue refining the technology, working with Visual Link to bring it to market.

Q: How do you see your company’s hydrogen battery technology impacting the electric vehicle industry in the next decade?

Jason Ho: I’ve thought about this a lot. Our hydrogen battery technology has the potential to revolutionize the electric vehicle industry by offering a more efficient and sustainable energy source. The ability to refuel quickly, combined with the technology’s adaptability to a wide range of temperatures, could make electric vehicles far more practical and attractive to consumers in the long term.

Q: Can you explain the significance and potential impact of Teklium’s closed loop hydrogen energy system on global energy consumption?

Jason Ho: The closed loop hydrogen energy system is groundbreaking because it enables onsite hydrogen generation through water electrolysis, eliminating the need for external supply chains. This drastically lowers energy consumption and minimizes environmental impact by recycling water in a continuous loop. The system offers an environmentally friendly solution for industries beyond transportation, including energy storage and telecommunications.

Q: What challenges do you foresee in scaling up hydrogen battery production, and how does Teklium plan to address them?

Jason Ho: Scaling up hydrogen battery production comes with significant challenges, including the development of necessary infrastructure, reducing production costs, and ensuring safety standards. At Teklium, we plan to address these obstacles by partnering with industry leaders to build the required infrastructure and by investing in research to lower costs. We’re also committed to implementing rigorous safety protocols to ensure the technology performs reliably.

Q: How does Teklium’s strategy for AI infrastructure differ from traditional approaches?

Jason Ho: At Teklium, we’re taking a different approach by exploring ways to develop advanced materials and technologies that could improve the performance and efficiency of AI infrastructure. We’re focused on moving beyond traditional silicon based systems and envision a future where we can create three dimensional chip structures that significantly reduce data movement and energy consumption. By integrating memory and processing capabilities, we believe we can revolutionize AI workloads.

Q: Teklium has ambitious plans for extending Moore’s Law. Can you elaborate on how these plans could transform the semiconductor industry?

Jason Ho: Siliconbased chips are nearing their physical limits, so we’re exploring technologies that could allow us to scale transistor density both vertically and horizontally. By adopting these new approaches, we aim to significantly increase chip performance and, in doing so, challenge the traditional expectations of Moore’s Law. We also envision a future where chips are reusable and can be reprogrammed over decades, which could reshape the semiconductor industry’s business model in terms of sustainability and efficiency.

Q: What environmental benefits could Teklium’s technologies bring, particularly in reducing carbon emissions and resource consumption?

Jason Ho: Our innovations could have a profound impact on the environment. We’re committed to developing technologies that reduce resource consumption and minimize waste. By creating more efficient manufacturing processes and extending the lifespan of chips, we hope to significantly reduce electronic waste. Our work on AI infrastructure could also cut energy consumption in data centers by as much as 60%, which would translate into substantial reductions in carbon emissions. And, of course, our hydrogen battery technology offers a clean energy storage solution that could accelerate the adoption of renewable energy sources.

Q: Aside from electric vehicles, what are some other exciting applications of Teklium’s hydrogen battery technology?

Jason Ho: While electric vehicles are an obvious application, there are so many more exciting possibilities. Our hydrogen batteries could serve as large scale energy storage solutions, balancing grid loads and supporting renewable energy sources like wind and solar power. They could also power remote cell towers and data centers in areas where traditional power sources are unreliable. In aerospace, these batteries could enable long range drones and even electric aircraft. The potential applications in disaster relief and military operations, where portable and reliable energy is critical, are also very exciting.

Q: How does your collaboration with companies like Nantero and Visual Link advance Teklium’s technological developments?

Jason Ho: Our collaboration with Nantero is allowing us to explore advanced memory architectures, while our partnership with Visual Link offers crucial insights into practical applications and market needs. Visual Link also helps us navigate regulatory challenges, ensuring our innovations are commercially viable and compliant with industry standards.

Q: Teklium is involved in the concept of AI City in partnership with West Virginia Data Center Group. Can you tell us more about the vision for this project?

Jason Ho: AI City is an ambitious concept that we’re working on with the West Virginia Data Center Group to turn into reality. The idea is to create an intelligent infrastructure that incorporates cutting edge technologies in AI and data centers, optimizing everything from energy usage to communication networks. We envision a city that can learn and adapt to the needs of its residents, reducing inefficiencies and improving quality of life. It’s still in the planning stages, but we’re confident it can become a reality in the near future.

Q: What are your long term goals for Teklium, and how do you see your inventions influencing future generations?

Jason Ho: My long term vision for Teklium is to become a leader in sustainable technology solutions. We aim to continue pushing the boundaries of AI, semiconductor technology, and energy solutions. I want our innovations to inspire future generations to tackle global challenges like climate change and resource scarcity. Ultimately, I hope Teklium’s work contributes to a more connected and sustainable world.

While Teklium’s advancements may take time to fully realize, they open up exciting possibilities for addressing critical challenges like energy consumption and sustainability. Under Jason Ho’s leadership, Teklium is poised to make a significant impact on the future of technology and the environment.

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