Golf and Business Offers Important Lessons in Life’s Decisions

Professional golfers make many decisions, including whether to compete in a tournament or go professional. A business makes similar decisions, and each one determines whether it moves ahead as a competitor or plays it safe.
— By Vincent Pane

Professional golfers make career decisions every day, and many of them concern whether to compete in amateur tournaments or whether to go professional. The decision involves finances, odds of winning or losing, reputation, eligibility for future opportunities, and experience. In fact, many of the same factors professional golfers consider when deciding to join a particular tournament are similar to the factors that business leaders must consider when deciding to pursue a potentially lucrative business deal that will strengthen the company's brand.

Making the decision to "stay or play" can be difficult at times because competitors are always looking for the next victory. It is the stuff that sports cham...

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