Ever wondered why the big industry moguls do billion dollar deals on the golf course? It isn’t just the fact that golfing is fun, that happens to be icing on the cake, so to speak. In this article, we reveal some of the reasons why the golf course is also the business arena.
Once you are a couple of holes into the round, there’s just you, your partner and the abundant wildlife, which is ideal when you want to discuss huge projects that are confidential. It is no surprise that most politicians have a golf handicap and a majority of the big business players like nothing more than a quick 9 holes before breakfast and when you need to really get to know a business connection, the golf course is perfect. When you join a golf club, check online for the 4 seat golf car price from a top Thai gold cart supplier and impress your golf partners.
Getting to know a person
When you meet a business person in the office, they are wearing their professional mask and most are very good at keeping that image going; dining together is one way to get to know the real person behind the business mask, but the best way to bond with someone is to play a round together and when your potential business partner is critical and you need to really get to know them, golf is the ideal activity.
Ask any golf addict why they play and you might get a lot of different answers, but all would agree there’s little to beat hitting a sweet 4-iron off the fairway and landing on the green for 2 on a par 5 hole. While this may not be the main reason for doing business on the course, it is a contributing factor and many a deal has been done while having fun knocking the hell out of that little white ball. If you are ready to quit your day job and set up your own business, click here.
Most of us like a good challenge and the great thing about golf is the handicap system, which allows a raw beginner to play competitively with a pro who plays off scratch (0 handicap). The golf handicap system is universally recognised and by submitting 3 verified cards, you will be given a handicap rating. The lower the number, the better you are as a player.
Without the handicap system, competitive gold would not be possible for players with varying levels of ability; the novice might have a handicap of 24, while a very good player would play off 4 handicap. The par of an 18-hole course might be 72, for example, and the 24-handicap player would take 96 shots to complete the course, while the 4-handicapper should score around 76 and when you subtract their handicaps (96-24 = 72) (76-4 = 72) the game is a draw. Either player could have a good round and win the game and when 4 people are playing, it is very competitive, which suits the hungry entrepreneur. Here is some health information from the government.
Flexible and Good for Different Markets
Market experts see a never-ending sales potential in golf as it is one of the most versatile sports. Its nature allows it to serve different segments, increasing its profitability and scalability. From the field to what golfers wear, you could easily tell the demand and how they could quickly translate to sales.
Golfing has invaded the tech market, with many advancements to bring the game indoors. The golf simulator is a console designed to let players experience realistic golf gameplay while at home. Although generally costly, they attract a massive audience, with most of them wanting to maintain their game amidst the harsh weather or keep their golfing soul sane through the off-season.
If you are a young entrepreneur, set aside a few hours and hit a few buckets on your local driving range and aside from being a great game, playing golf will help you create strong business relationships with all the right people.