{"id":1177,"date":"2021-10-13T08:00:42","date_gmt":"2021-10-13T12:00:42","guid":{"rendered":"https:\/\/www.garett.co\/?p=1177"},"modified":"2022-03-23T11:29:28","modified_gmt":"2022-03-23T15:29:28","slug":"how-basketball-mindsets-translate-to-business","status":"publish","type":"post","link":"https:\/\/www.garett.co\/how-basketball-mindsets-translate-to-business","title":{"rendered":"How Basketball Mindsets Translate to Business [Reintroducing Garett\u00ae]"},"content":{"rendered":"

Running a business is similar to running a professional basketball team in a lot of ways – especially when it comes to mindsets around growth and timing.
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There are three basketball team mindsets<\/h2>\n

Some teams are in what you call a \u201cwin now\u201d mindset. This is when their core players are in their prime, aging out of it, or fed up with not progressing year after year. The goal of a \u201cwin now\u201d team is to, well, win a championship at all costs. The best prepared teams often get to the end or at least reasonably close, while others that rush the process crash and burn.<\/p>\n

Meanwhile, some teams are in what you call a \u201crebuilding\u201d mindset. This is where they know they’re not in the position to win (for a multitude of reasons), so they\u2019re either starting from scratch or focusing on a few young players that could potentially lead the team to victory in the future. Oftentimes they could also be trying to implement new coaching or culture. Sometimes this works out well, while other times it doesn\u2019t.<\/p>\n

The rest of the teams float somewhere between the two, where there really isn\u2019t much progress being made or they\u2019re getting outplayed by better teams. They\u2019re just busy existing and this rarely ever works out well.<\/p>\n

\"Basketball

Basketball Team Mindsets based on the 2020-2021 Season<\/p><\/div>\n

To sum up an example of each mindset within basketball (for the recent completed 2020 – 2021 season):<\/p>\n