News
4 Athletic ‘Secrets-of-mastery’ Brought to Workplace
It is a perfect world.. Isn’t it? God has created everything in a symphonic interdependent harmony. Every atom and cell is put in the exact place it should be in.. and moving in the best direction that serves the bigger picture. Due to the bonds created in that miraculous harmony, we’re surrounded with abundance of knowledge and wisdom where we can inhale from, reflect on, examine in several contexts then reuse in different situations..
Having said that.. Let’s live that joyful experience by borrowing 4 big secrets from athletic world and explore how they perfectly fit into workplace.
1- Boxing coaches advise: winning doesn’t only depend on how strong you hit, but mainly on how flexible, ready and fast you are to avoid hits
If you examine that law in business life you’ll will find endless examples of people around who were able to win and continue winning (during their most vulnerable time) because of their flexibility, adaptation and speed of change! That, surprisingly, happen at the same time and place that witnesses the big failures of the strongest and toughest players.. History books prove how flexibility and adaptability dominate.
2- Chess masters suggest: your IQ might be your wildest enemy if it is attached to a fixed mindset
As it sounds, the fixed mindset is the belief that your abilities are mature and rigid.. This belief is harmful even when you believe you’re the smartest, prettiest, strongest … Etc). A fixed mindset might eat your success for breakfast. The growth mindset, on the other hand, is about believing your skills and abilities can grow and change from any starting point. A consequent conviction for growth is that your talents, gifts and IQ level won’t take you too far.. We critically need our growth, practice, discipline and efforts.
Like in chess, In business life, the growth mindset holder is equipped to win at the end, even when he/she starts from a quite normal launching position.
3- Martial arts masters teach their students to hit THROUGH the target not AT it
Try this game in business, set big and crazy targets.. Encourage and inspire people and teams to achieve them and create a safe space that empowers them to try, fail and retry.. Allow your teams to make the effort without being threatened.. Now stay alert and watch the show, even if you didn’t achieve the extreme target you set, you’d be at least achieving a score that you wouldn’t even dream of in a normal objective-setting process! As a result you would hit through mediocre targets and pass onwards to olympic scores!
4- Football coaches bet all what they’ve got on the three greatest players; Team-Spirit, Team-Plan, And Team-Work. They know well that even a supernatural skill-set of an individual player might entirely evaporate, or even weakens the team, if not employed perfectly to serve those three greatest players..
I don’t think we need further explanation to that one check its suitability for workplace.. In my experience, it fits like a glove
Are you ready for the lessons to-go?
– Stay fit, flexible and ready for change and reshape.. Don’t allow your strength and toughness to play against you!
– Keep practicing, working and learning and above all STAY HUMBLE
– Dreaming big isn’t enough.. If you want to add big value to life go dream bigger than everyone you know!
– A whisper to those men and women in leadership positions and who look for non-toxic long-term success: “your master strategy should put the team spirit, purpose and behavior above all individual benefits.. Remember: A leadership position won’t make you a LEADER unless you earn it from your followers.
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.
The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.
J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.
“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”
The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.
The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).
Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.
According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.
Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).
Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.
TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.
With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.
Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.
Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”
Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”
AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.
Key Features of AnteThink include:
1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.
2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.
3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.
Credit: Antethink
AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.
Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.
Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.
In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.
The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.
Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.
As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.
The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.
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