- Business Lessons from Anthony Joshua Loss
A lot will be said about Anthony Joshua first ever lost but our focus at Investors King is to breakdown factors that led to such an upset considering its odds and what could be done to avert similar fate as business people.
Focus on What Matters
Leading up to the fight, Anthony Joshua focus was on Denotay Wilder, the WBC champion of the world.
Despite Andy Ruiz been a last minute replacement for Big Baby Miller who got banned for testing positive to three different substances. Joshua continued to focus on a possible fight with Wilder, the American Champion.
It was last minute that Eddie Hearn, Anthony Joshua’s promoter, started saying Anthony Joshua needs to focus on Andy Ruiz Jr who was determined to be the very first Mexico’s heavyweight champion of the world.
Hearn knows Anthony Joshua had to abandon his previous training strategy and find a way to learn and adjust to Andy Ruiz style within just about three weeks. While Andy Ruiz Jr just came off a solid win against German Alexander Dimitrenko who shares similar attributes with Anthony Joshua.
In business, it is important to focus on the present and effectively masters its mechanics and execute your strategy precisely while hoping you would have done enough to earn a solid future. It is pointless to prepare for a future you may never have. Now is your moment, give it your all!.
It is pointless to prepare for a future you may never have. Now is your moment, give it your all!.
A Good Strategy is Nothing Without A Good Execution
Anthony Joshua, his team and promotion company has a perfect strategy to break into the American market and enhance their earnings after conquering Europe. What they never anticipated was the depth of the American market in terms of competition and execution.
What they never anticipated was the depth of the American market in terms of competition and execution.
In heavyweight boxing, the smaller guys can adapt to the bigger guys easily but the bigger guys like Anthony Joshua struggle with the smaller guys as seen against Povetkin, Joseph Parker, Dillian Whyte, Carlos Tekam, etc.
Andy Ruiz Jr and his trainer knew he was coming off a good win with someone just as big as Anthony Joshua, meaning he has 10 weeks of successful training camp and a trainer that has lost to Anthony Joshua in previous fight against Dominic Breazeale, hence, they understand how to handle his perceived edge, developed a strategy to negate it and perfectly executed it.
They studied every piece of the ‘Anthony Joshua puzzle’ and magnified every little thing Anthony Joshua and his team overlooked.
Therefore, a good strategy is just as good as its execution. A perfect example is the recently listed Jumia shares on the New York Stock Exchange, good strategy but poor execution.
A good strategy is just as good as its execution.
We All Lose at Some Point
You are not always going to have it your way, so don’t be rattled by your loss. Focus on your mistakes, make adjustments and celebrate your wins no matter how little.
Anthony Joshua may have failed to break the American market with a win but he has won the market with a lost, media won’t rest throughout next week. Even if it is negative news, he has a chance to convince them in the rematch it was just a ‘bad day in the office’.
Therefore, he can focus on the negative noise and allow it to break him or just forge ahead, knowing the rematch will now be bigger than the first fight.
