Ending Soon! Save 33% on All Access

Longest Reigning Heavyweight Boxing Champion Dr. Wladimir Klitschko On Achieving (And Maintaining) Peak Performance Athlete-turned-entrepreneur Dr. Wladimir Klitschko explains how one can go about achieving lasting success in the professional and personal sphere.

By Tamara Pupic

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

In 2017, Dr. Wladimir Klitschko ended his professional boxing career as one of the best heavyweight champions of all time. According to Wikipedia, his boxing career recorded 64 wins in 69 fights, of which 53 were by knockout. Throughout his two decades in boxing, the Ukranian boxer was equally committed to his philanthropic and business goals, establishing Klitschko Foundation (2003), K2 Promotions (2003), Hotel 11 Mirrors (2012), Klichko Museum (2014), Klitschko Management Group, KLIWLA Family Office, and Klitschko Ventures (2016), to name but a few of his endeavors.

Following his retirement from boxing, Klitschko systematically analyzed his approach to challenges as a competitive athlete and developed the F. A. C. E. The Challenge method, which is today available to individuals and businesses seeking to enhance their performance.

We talked with Klitschko at the Milken Institute's Middle East and Africa summit, where he shared the key characteristics of his F. A. C. E. The Challenge method, as well as advice for entrepreneurs on how to manage growth successfully.

"Speaking as a former athlete, to stay successful and be a winner, you really need to know how you can lose," Klitschko said. "Everyone wants to be successful, and everyone concentrates on that, but what is success? What is happiness? Happiness is to know the sadness; so, to be successful, you need to know your failures. As an athlete, I was practicing a lot how not to get hit. So, the main part of my strategy was safety first, and that is why I lasted almost three decades in boxing."

Related: Skype Co-Creator Jonas Kjellberg Shares Tips For Scaling Successfully

Tamara Pupic

Entrepreneur Staff

Managing Editor, Entrepreneur Middle East

Tamara Pupic is the Managing Editor of Entrepreneur Middle East.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Making a Change

9 Ways to Master the Art of Intellectual Foreplay

You only get one shot at a first impression. Here are some ways to sell yourself.

Women Entrepreneur®

The Power Of Pause: Youmna Khoury, Founder, Youmi Beauty

How a two-year-long hiatus allowed Youmna Khoury to reimagine her enterprise, Youmi Beauty- and make it a bigger success than it was before.

Social Media

Seven Steps For Maximizing Your Personal Brand

While even the most committed owners may focus solely on their business profiles, do not be deceived: there is untapped gold in your personal brand.

Entrepreneurs

Jordan Startup CashBasha Localizes The MENA E-Commerce Experience

In this endeavor to build a tech platform that allows the "unbanked" population to shop without logistical or pricing hassles, the CashBasha team ensured that their solution supported any and all shopping sites.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.