Published July 15, 2014
With 21 stages ridden over 23 days—some almost 150 miles long—navigating cobblestones, assaulting at least two mountain ranges and dealing with thousands of over-enthusiastic crowds, the Tour de France bicycle race is arguably the most grueling of all sporting competitions.
Here are four reasons why competing in the Tour is like running a small business.
1. Team structure
Tour participants are part of 22 sponsored teams of about 25 members, and each have individual roles to play. Some members are supportive non-riders and some are riders whose primary role is to protect and push their leader. But all work together to meet team performance goals, including getting their leader on the podium at the end of the day or the end of the race. Sounds a lot like a small business, doesn’t it?
Since every day in a small business can be like a mountain stage on the Tour—peaks and valleys—success requires the ability to motivate your team to work together effectively. A smart leader knows that sustaining successful teamwork requires sharing the recognition so the team doesn’t mind if you’re the one on the podium.
Competing in the Tour is like running 21 marathons in 23 days while simultaneously playing a chess match. So each team member has to understand his role in the overall strategy.
Even if you have the best business strategy in the world it must be communicated to your small business team so every member understands their role in the organization’s plan to achieve success.
All you have to do is watch a Tour de France cyclist in a mountain stage to see successful preparation. These guys have turned their bodies into human spring steel as they become one with their bikes.
The small business equivalent is to learn as much as you can about operating your business, your industry, the competition, and especially, your customers. Since your team also needs to know these things, prepare them by investing in training and practice.
Tour de France teams certainly leverage technology, including high-tech bikes, customized chase vehicles, on-course communication tools, etc.
One of the keys to success for small businesses in the 21st century is leveraging technology. If you want to stand in the winner’s circle you MUST find ways to use technology to make existing systems more efficient as well as help you take advantage of new opportunities.
Write this on a rock …
Small businesses can learn a lot from the Tour de France teams.
Jim Blasingame is the author of the award-winning new book, “The Age of the Customer®: Prepare for the Moment of Relevance” www.AgeoftheCustomer.com .
Jim is one of the world’s leading experts on small business and entrepreneurship, and founder and president of Small Business Network, Inc. www.SmallBusinessAdvocate.com . He’s the founder and host of the syndicated weekday radio program, “The Small Business Advocate® Show,” where for more than 16 years he has conducted over 1,000 live interviews annually with his “Brain Trust,” the largest community of small business experts in the world.