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Essay On My Aim To Become a Businessman in English 500+ Words

Essay On My Aim To Become a Businessman  in English 500+ Words

My Aim in Life To Become a Businessman Essay

Introduction - my aim in life to be a businessman, qualities of a successful businessman and entrepreneur .

  • A successful businessman loves to take risks. It's the major prerequisite quality for becoming a successful business person.
  • Leadership quality is another quality that a person should have for becoming a successful businessman. You should be able to guide and inspire others to work hard and smartly. You should be able to handle pressure when your company is not having a good time.
  • A business person should be able to hustle day and night without exhaustion. No doubt, everyone gets tired. But a business person should have a fighting spirit to work incessantly.
  • No matter how smart a business person is if you don't believe in your capabilities and yourself, you are doomed to fail. 
  • An entrepreneur always learns new things to analyze the market and competition.
  • Common people can't predict what is going to happen in the market in the future. However, a businessman should have a clear understanding of what is going to happen in the future market. 

Why do you want to be a businessman?

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Personal Statement Ambition

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Published: Mar 14, 2024

Words: 853 | Pages: 2 | 5 min read

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my ambition businessman essay

My Ambition Essay for Students and Children

500+ words essay on my ambition.

Almost everyone dreams of something while growing up. We all have ambitions when we are little, which change as we grow up. Ambitions lead us to a definite aim in life. Furthermore, they help us focus on our goal no matter the cost. It drives us to do better in life. Ambitions differ from one person to another.

However, one common thing usually found is that over time, people switch their ambition to something else than that which they wished to be when little. We have many people in the medical field who wanted to be dancers. Similarly, some of the greatest politicians wanted to be artists. So we see how easily one gives up on their dreams and ambition to adapt to society.

My Ambition Essay

My Ambition

The ambition of any person’s life usually depends on their choice and interests. I aspire to be a great dancer . I have always had the knack for dancing from an early age. My parents always encouraged me to pursue my passion. Like most of the parents, they never discouraged me because it is not the most sought after career.

Subsequently, I wish to become a good dancer. I do not want the fame of being a dancer; rather I want the acclaim of being a good dancer. As my parents motivated me to pursue my dream, they enrolled me in dance classes. It helped me grow a lot as a dancer and also enhance my skills.

Most importantly, I wish to be a dance because I want to remove the stigma surrounding this career path. I want to set an example that you can do well in life if you’re not a doctor or engineer. Especially in India, where these two ambitions are considered the most valid.

I believe in the power of dance, and how it conveys the message without words. Dance is the language of the soul, and it makes me feel alive when I indulge in it.

Get the huge list of more than 500 Essay Topics and Ideas

Why I Chose this Ambition?

It would seem odd to choose to be a dancer as an ambition, especially when everyone is in the race of becoming a lawyer , doctor or engineer . But, I still believe that just because something is not common, doesn’t mean we cannot attain it.

my ambition businessman essay

I wish to dance so I could teach others to become experts in this field. Furthermore, I wish to help the underprivileged section who are interested in this ambition. I want to reach a height which enables me to offer them proper dance training free of cost so they can reach great heights.

Above all, I wish to be the wind beneath their wings. I want to create awareness about the importance of dance and how it benefits us physically as well. I hope I can achieve this ambition of mine someday. Till then, I won’t leave any stone unturned in reaching the finish line.

FAQ on My Ambition Essay

Q.1 How do ambitions help people?

A.1 Ambitions helps people in focusing their mind to achieve a set goal. Furthermore, it trains them to be better in achieving their ambition.

Q.2 Why must one have an ambition?

A.2 We all must have at least one ambition to achieve in life. It teaches us the importance of discipline and hard work. Having ambition gives you something to look forward to each day. In addition, it makes you determined.

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Essay on My Ambition 500+ Words

Ambition is like a spark that ignites the fire within us. It’s that inner drive that propels us to achieve our dreams and reach for the stars. In this essay, we will explore the significance of having ambition in our lives and how it can shape our future.

Ambition Provides Purpose

Having ambition gives our lives purpose and direction. Imagine a ship sailing without a destination; it would wander aimlessly. Similarly, without ambition, we might drift through life without clear goals. Statistics show that individuals with defined ambitions are more likely to succeed in their endeavors. For instance, a study revealed that 90% of accomplished people had strong ambitions.

Ambition Drives Achievement

Ambition is the driving force behind great accomplishments. It pushes us to work hard, set goals, and strive for excellence. Consider the example of Thomas Edison, whose ambition to invent the light bulb led to one of the greatest inventions in history. Experts agree that ambition is a key factor in achieving success. In fact, a survey of successful individuals found that 80% attributed their achievements to ambition.

Fosters Growth

Ambition encourages personal growth and development. When we set ambitious goals, we are motivated to acquire new skills and knowledge. It challenges us to step out of our comfort zones and explore our potential. Psychologists suggest that ambition is closely linked to self-improvement. Studies have shown that people who pursue personal growth through ambition tend to lead more fulfilling lives.

Ambition Overcomes Challenges

Life is full of obstacles and setbacks. However, ambition equips us with the resilience to overcome these challenges. When we face difficulties, our ambition acts as a guiding light, helping us persevere. A famous example is the story of J.K. Rowling, who faced rejection and adversity but never gave up on her ambition to become a successful author.

Ambition Inspires Others

Ambition is not only a personal motivator but also an inspiration to those around us. When others witness our determination and drive, they too are encouraged to set and pursue their own goals. Teachers often emphasize the importance of ambition as a positive influence on society. Ambitious individuals are more likely to give back to their communities and make a difference.

Conclusion of Essay on My Ambition

In conclusion, ambition is the force that fuels our dreams and propels us towards success. It gives our lives purpose, drives our achievements, fosters personal growth, and empowers us to overcome challenges. Ambition is not a distant concept; it’s a quality that each one of us can nurture and harness. So, whether your ambition is to become a doctor, a scientist, an artist, or anything else, know that it has the power to shape your future and lead you to greatness.

As you embark on your journey through life, remember the words of Helen Keller: “Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence.” Let your ambition be your guiding star, and you’ll find that the possibilities are endless. So, dream big, set ambitious goals, and work hard to make your dreams a reality. Your ambition is the key to unlocking the doors of success and leaving a lasting mark on the world.

Also Check: Simple Guide on How To Write An Essay

The Aim of My life is to Become a Successful Entrepreneur (2022)

English , Essays , k-12 aim in life 2022 , entrepreneur , entrepreneurship , women in tech 0

Last Updated on April 4, 2022

This is an essay on “My aim in life is to become a successful entrepreneur”.  I am one of the best students in my school.  My approach to life and survival has always been different.

My Aim in Life (Few lines) :

  • I want to become an entrepreneur because I want to be my own boss and have control over my life.
  • I want to be able to create jobs and help others achieve their goals.
  • I believe that entrepreneurship is the best way to achieve financial independence and freedom.
  • I am motivated by the challenge of starting and running my own business.
  • I am confident that I have what it takes to be a successful entrepreneur.
  • I am excited to see what the future holds for me as an entrepreneur.

My Aim in Life (A short Paragraph) :

There is no one answer to the question of what my aim in life is, as everyone’s goals and aspirations are unique. However, if I had to narrow it down, my ultimate goal would be to become a successful entrepreneur. I am drawn to the challenge of starting and running my own business, and the satisfaction that comes with innovation and creativity. Moreover, as a woman, I would also love to be the first female entrepreneur to achieve success in a male-dominated industry. In the words of Elon Musk , “The first step is to establish that something is possible; then probability will occur.” I believe that with hard work and determination, anything is possible, and I am determined to make my mark as a successful entrepreneur.

My Aim in Life (Brief Essay) :

I am a student who dreams of becoming an entrepreneur.  I want to make a difference in the world and be my own boss. I know it won’t be easy, but I am willing to work hard to achieve my goals. I am also committed to helping others reach their dreams, so I will always be there to support and encourage them. I am confident that I can make a difference in the world and I am eager to start working on my dreams.  My teachers have always told me that I have a lot of potential and I am excited to see what the future holds for me.

I have competed in an expo and I placed first in my category.  It was titled “Women and Innovations” .   I was the only one who competed from my school and I represented Technology.  I want to show the world that women are just as capable as men when it comes to technology. I am a proud young woman who is determined to succeed in life. My parents have always been there for me and they have supported me every step of the way. My friends have also been a great source of support and I know that I can count on them when I need it.

My skill in entrepreneurship and technology will help me achieve my goals.  Entrepreneurship is not easy, but with a lot of hard work and determination, I know that I can make it happen. Technology is always changing and evolving, so I need to be prepared for anything that comes my way.

I am grateful for everything that life has to offer and I am excited to see what the future holds. Thank you for reading my essay!

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Essay on My Ambition

Students are often asked to write an essay on My Ambition in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on My Ambition

Understanding ambition.

Ambition is a strong desire to achieve something in life. Everyone has an ambition, which makes us strive and work hard towards our goals.

My Ambition

My ambition is to become a doctor. I am inspired by the noble job of serving people and saving lives.

The Path to Achieve

To fulfill my ambition, I know I have to study hard. I plan to excel in my studies, particularly in science, and get into a good medical school.

Having an ambition gives direction to our lives. My ambition to become a doctor motivates me to work hard every day.

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250 Words Essay on My Ambition

Introduction.

Every individual has a unique ambition that defines their professional trajectory. My ambition, specifically, is to become a renowned scientist. This aspiration has been a guiding force, shaping my academic pursuits and extracurricular activities.

The Genesis of My Ambition

My ambition to become a scientist was sparked by a profound curiosity about the world around me. The intricacies of nature, the mysteries of the universe, and the marvels of technology have always fascinated me. This curiosity was nurtured by my parents and teachers, who encouraged my inquiries and provided resources to satiate my thirst for knowledge.

Sustaining the Ambition

Maintaining this ambition requires continuous learning and exploration. I am committed to my academic studies, particularly in the fields of physics, chemistry, and biology. However, my learning transcends the classroom. I actively participate in science fairs, workshops, and seminars to broaden my understanding and gain practical experience.

Shaping the Future

As a scientist, I aim to contribute to society by solving complex problems and advancing our understanding of the world. I aspire to work on groundbreaking research that can lead to innovations in healthcare, environmental conservation, and technology.

In conclusion, my ambition to become a scientist is more than a career goal; it is a commitment to lifelong learning, curiosity, and the pursuit of knowledge. It is a mission to use science as a tool to improve the world and human life. This ambition guides my choices and actions, propelling me towards a future where I can actualize my potential and make a meaningful impact.

500 Words Essay on My Ambition

Every individual has a unique set of aspirations and ambitions that drive them. These ambitions are the guiding forces that motivate us to strive harder, break boundaries, and achieve our goals. My ambition is no different. It is a reflection of my innermost desires and my vision for the future.

My ambition is to become a renowned scientist. The world of science has always fascinated me, with its endless possibilities and the potential to bring about significant changes in the world. The pursuit of knowledge, the thrill of discovery, and the satisfaction of contributing to society are what draw me towards this path.

The Inspiration

The inspiration behind my ambition stems from various sources. I am inspired by the great scientists of the past, like Nikola Tesla, Albert Einstein, and Marie Curie, who, through their relentless pursuit of knowledge, have left an indelible impact on the world. Their stories of perseverance, dedication, and innovation inspire me to follow in their footsteps.

The Path Towards My Ambition

Achieving my ambition requires a clear path and proactive steps. First and foremost, I need to excel in my academic studies, particularly in the fields of science and technology. I am also aware that practical experience is as important as theoretical knowledge. Therefore, I plan to engage in research projects and internships that can provide me with hands-on experience.

Challenges and Overcoming Them

Pursuing this ambition is not without its challenges. The field of science is constantly evolving, making it necessary to keep abreast with the latest developments. It requires immense dedication, continuous learning, and perseverance. However, I believe that with a strong will and determination, these challenges can be overcome. I plan to adopt a disciplined approach to my studies, stay updated with the latest research, and seek guidance from mentors in the field.

Contribution to Society

As a scientist, I aim to contribute to society by conducting meaningful research that can solve pressing problems. From finding solutions to environmental issues, to developing advanced technologies, the possibilities are endless. I believe that science has the power to transform societies and improve lives, and I aspire to be a part of this transformation.

In conclusion, my ambition to become a scientist is driven by my passion for science, my desire to contribute to society, and the inspiration I draw from the great scientists of the past. I am aware of the challenges that lie ahead, but I am prepared to face them with determination and perseverance. I believe that with the right attitude and consistent effort, I can achieve my ambition and make a significant contribution to the world.

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my ambition businessman essay

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My breakup with ambition

Striving to succeed got me my dream job. Then it nearly killed me.

One muggy night in the summer of 2021, I found myself livestreaming a panic attack on Instagram.

I was tired of doomscrolling through pandemic news and thought I'd take my mind off it by practicing my promotional spiel for my newly launched mental-health newsletter. It proved to be a bad idea. As viewers trickled in, I noticed the ominous hum of anxiety in my chest that I've grown familiar with over years of living with generalized anxiety disorder. Within seconds I was spiraling, sweating, and struggling to breathe — but I kept the camera on. "This is what a panic attack looks like, folks," I stammered.

As the haze slowly lifted, I felt ashamed. What was I thinking, being so pathetic in front of strangers? Why didn't I just stop? Then someone commented, "Hearing you speak right now is bliss!" The flutter of heart emojis on my screen consoled me.

It also dawned on me that my unfiltered performance had inadvertently served my original plan: building my brand as an "authentic" and "vulnerable" mental-health storyteller to attract more readers to my newsletter. It's still not easy for me to admit it, but that night I used my pain to feed my professional ambition .

In a previous job, burnout nearly killed me, and I vowed to never let ambition swallow me again. Then came the pandemic. The media startup I was working at shut down, and my 15-year career imploded overnight. In a desperate attempt to cobble together an income, I started writing a newsletter based on my lifelong experience with multiple mental illnesses: anxiety, depression, episodes of hypomania, and obsessive-compulsive disorder. Three years later, the newsletter continues to be my main livelihood. It has allowed me to spread awareness about mental illness , become part of a powerful global advocacy network, and access coveted career opportunities, including a fellowship at Oxford . In the process, ambition has come barging back into my life.

I've repeatedly succumbed to the urge to do more — hawk my work more aggressively, reel in more subscribers, create more impact — despite a voice in my head warning me of the danger of sliding back into a dark space, reminding me that more will never be enough . There's a fine line between the motivation needed to build a successful career and the uncontrolled ambition that ends in burnout . As I unpacked this predicament in therapy, I began to wonder: How did ambition become such a force in our world ? At what point does it turn on us? And is there a way out?

In the ancient world, ambition was seen as a curse. The Roman philosophers Cicero and Seneca denounced it as a "malady" that preyed on "the greatest souls," as William Casey King wrote in his book "Ambition, A History: From Vice to Virtue." For centuries the desire for rank, fame, or power was abhorred as a "plague" and a "canker on the soul." To be ambitious was to be a threat to order.

During the age of colonialism, ambition underwent a radical makeover as Western imperialists shrewdly created "incentives to encourage potential emigrants to undertake colonization," King wrote. Ambition was channeled toward civilizing the "uncivilized" and became a virtue, even as it legitimized oppression to devastating effect.

It isn't difficult to trace those roots to the rise of extractive capitalism: The ambitious entrepreneur sets out to "make the world a better place," a pursuit that paves the way for self-actualization, power, and wealth — and frequently leaves people and the planet as collateral damage. Winners don't quit. Keep calm and carry on.

What's driving many people back to the grind isn't ambition. It's survival.

Granted, ambition has also driven people throughout history to challenge oppressive systems, but the "onwards and upwards" narrative erases the reality that an individual's capacity for achieving success is shaped by factors far beyond their control. In 2018, across the world's richest countries , only about half of 15-year-olds from households of low socioeconomic status said they expected to complete any kind of higher education, compared with more than 80% from high-status households who said the same. Children whose parents hold a college degree or the equivalent are 45 percentage points more likely to graduate from college than children whose parents earned less than a high-school degree or the equivalent. They're also more likely to be in good health and have more disposable income. Elsewhere, researchers have found that children growing up in households reporting economic hardship are likely to perform worse in school, report having worse mental health, experience greater social isolation, and engage in more risky behavior relative to peers.

It took a pandemic to blow holes in the cult of ambition. In 2021 and 2022, almost 100 million American workers left their jobs. Many who remained quiet quit , resolving to do no more than the bare minimum. The New York Times declared it the "age of anti-ambition." Time magazine announced, "Ambition is out." "A bigger paycheck? I'd rather watch the sunset!" The Guardian said.

The Great Resignation gave way to the Big Stay : Amid brutal mass layoffs and the ballooning cost of living, workers returned to hustling . In one recent survey of Americans, nearly half the respondents said they lived from paycheck to paycheck throughout the year. Over a third said they had less than $100 in their savings accounts.

What's driving many people back to the grind isn't ambition. It's survival. No wonder we can't let go of the hustle. We simply don't have the choice.

I was born in the early '80s to a lower-middle-class family in a small industrial town in the east of India. It was India before the free market. Coca-Cola had been thrown out of the country, and color TVs were as exotic as flying saucers.

My parents had survived extreme poverty before joining working-class occupations. I learned early in life that ambition wasn't just a personal trait; my family's salvation depended on it. Kids of our generation were raised to be devotees of upward mobility, usually by pursuing an engineering or medical degree. But I wanted to become a writer, which was seen as a recipe for starvation. My father was scared that I was heading for a hard life like he'd had, and for a couple of years we barely talked.

But when I aced my high-school exams, my parents had a change of heart and decided to send me to India's most prestigious college to study English literature. They broke their backs so I could become the first person in my family to leave home and set foot in mythical New Delhi.

This was 2001 — exactly a decade into the liberalization of the Indian economy. Optimism was in the air. Malls and mobile phones were springing up everywhere, and Coke had come back. Ambition had leapt out of family conversations and turned into a national mission. Obscure terms like "GDP growth" were suddenly common as the country embraced upward mobility, encouraging the government to go into the next elections under the slogan "India Shining." (It lost the elections, but that's a different story.)

My ambition had helped me outrun the script I'd inherited, but at a hellish price.

My college was the very cradle of ambition. My classmates were the children of ministers and bureaucrats — people who had made it . I couldn't relate to their exuberance and began hating everything about myself: my small-town accent, my unsculpted body, my unfashionable clothes, my ignorance of genteel etiquette. What started as culture shock metastasized into depression (though I didn't have a name for it at the time). I felt lonely and lost in a world that had no patience for moping, but I learned to mask my feelings and blend in. I maintained a sparkling academic record while throwing myself into college clubs and societies. Few people had any clue that I was also routinely self-harming.

For a few years after earning my master's degree, I took whatever job paid decently so I could send money home. It was only after my family was financially stable that I joined the profession where my heart lay: journalism. I toiled hard and progressed rapidly to senior roles. I traveled the world and told important stories while pulling 16-hour days in the name of passion, expertly covering up the torment within that never left me.

And then one day, I snapped. Burnout and depression squeezed me like a ketchup sachet. I locked myself in a dark room, drowning in a cesspit of self-loathing and sheer fatigue. It took a brush with suicidality for me to finally seek clinical care. My ambition had helped me outrun the script I'd inherited, but at a hellish price.

I don't blame ambition for all my troubles. As a cishet, upper-caste, English-speaking man with an elite education, I have been able to follow my ambition thanks to my enormous privilege. But I've also seen how allowing ambition to take over your life can mess with your sense of who you really are.

Take that midnight panic-attack broadcast . As a mental-health writer, I'm critical of predatory social-media platforms. But as a creator , I share my deeply personal struggles on these platforms because it has become my selling point. I often ask myself: Do I (over)share because I want to break taboos, or because it feeds my need for validation and helps me make a living? Is turning my illness into material for my work therapeutic? Or does it deliver me into the arms of the same toxic productivity culture that I rail against in my writing?

The tension frequently pushes me into a tortured place. It doesn't help that I'm always wary of a relapse of my hypomania , a condition characterized by abnormal energy with an exaggerated sense of self-confidence and creative ambition, often followed by exhaustion, overwhelm, and depression. It has become an untenable cycle that leaves me fantasizing about permanently breaking up with ambition.

There's plenty of research suggesting ambition can take a destructive turn. Chasing extrinsic goals , such as power and money, is a risk factor for depression. Unregulated ambition that can be satiated only by constant external validation is also sometimes associated with narcissistic personality disorder.

My therapist assures me I don't fit that pathology (yet), but I've learned to be mindful of how ambition can stem from deep inner wounds. Gabor Maté, an expert on addiction and trauma, says people who run themselves ragged in their professional lives are often acting out a childhood message that they're not good enough just as they are. They grow up needing to constantly prove they're worthy of love and attention.

Maté's theory has detractors . But other research has found that early-childhood adversity can dictate career choices, especially for people in "helping professions," including healthcare, social work, and criminal justice. Some who venture into these careers are motivated by a desire to rescue others from the pain they themselves endured, even if it means putting themselves in harm's way. In his career construction theory, which offers a framework to explain why we choose the work we do, the psychologist Mark L. Savickas offers a striking insight: People seek to actively master what they passively suffer.

There's also research linking ambition and "relative deprivation," the feeling that you've been treated unjustly compared with others, causing frustration, anger, and resentment. If you perceive yourself as overqualified for your job, you could be more vulnerable to relative deprivation, which could drive you to behave counterproductively and unethically at work. And the more ambitious you are, the greater your chance of falling into this negative loop.

Who in today's world can afford "inner growth" that warms the heart but leaves the kitchen cold?

At the peak of the Great Resignation, I came across a guide to being ambitious without sacrificing your mental health. One of its key prescriptions was developing a growth mindset, or sidestepping external markers of success to find inner, personal growth. You could, for instance, learn a skill for the sake of it rather than for career gains. "Have you ever lost interest in a beloved hobby after turning it into a side hustle?" the guide asked, adding, "If psychological satisfaction is your goal, you may be better off without the extra cash."

I want to write about mental health because I'm passionate about it. But I've come to depend on it for my livelihood, and that makes the work feel tainted. No wonder I've found my motivation sagging.

Except who in today's world can afford "inner growth" that warms the heart but leaves the kitchen cold? If you're one of the tens of thousands of people who've recently been laid off, you aren't hustling to get ahead — you're hustling to find work that will keep the lights on.

Last year, my wife and I made a decision. After decades of living in several of India's megalopolises, we moved to a small mountain town in the south of the country. I once scoffed at the idea of living close to nature as a first-world luxury, even though I experienced how urban pollution and noise can aggravate mental illness. But as parents to a 6-year-old, we decided to try a quieter, healthier lifestyle, even if it meant living far from regular employment opportunities, dipping into our savings, and paring down our expenses.

In the mountains , there's no dust and noise. The internet is fickle, but for the first time in years I feel connected with my neighbors. My relationship with ambition is healing: I still go on Instagram and tell my story, but I've discovered that filming myself while looking out at the hills is far less likely to trigger a panic attack.

Tanmoy Goswami is a user-survivor and creator of Sanity, an independent, reader-funded mental-health-storytelling platform. He is a past fellow of the Reuters Institute for the Study of Journalism, University of Oxford.

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Through our Discourse journalism, Business Insider seeks to explore and illuminate the day’s most fascinating issues and ideas. Our writers provide thought-provoking perspectives, informed by analysis, reporting, and expertise. Read more Discourse stories here .

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Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

The head of the International Monetary Fund has warned that the only way to boost global economic growth over the next century is by tackling soaring inequality to achieve a ninefold increase in living standards.

Kristalina Georgieva said world leaders had a responsibility to future generations to build an economy that dealt with global heating, deployed AI technology responsibly and slashed elevated levels of inequality.

“We have an obligation to correct what has been most seriously wrong over the last 100 years – the persistence of high economic inequality. IMF research shows that lower income inequality can be associated with higher and more durable growth,” she said.

“We simply cannot get to the ‘high ambition scenario’ for growth unless we foster a fairer global economy.”

In a speech at King’s College, Cambridge, she argued the world was a turning point, making a comparison with the Great Depression of the 1930s, when the leading British economist John Maynard Keynes wrote his seminal essay Economic Possibilities for Our Grandchildren .

She said Keynes had been right to predict that technology gains could deliver an eightfold increase in living standards in 100 years’ time, but that the founding father of modern economics had been too optimistic about how the benefits of growth would be shared.

Keynes, who was a fellow and academic administrator at King’s and played an integral role in the creation of the IMF after the second world war, predicted that technology gains driving up productivity would allow for more leisure time with a 15-hour working week.

However, Georgieva said the proceeds of growth had been too heavily concentrated among particular groups and in rich countries. “He [Keynes] was also too optimistic about how the benefits of growth would be shared. Economic inequality remains too high, within and across countries,” she said.

Setting out two possible scenarios for the next 100 years, developed by IMF staff, Georgieva said the world could expect either a “low ambition” path with global gross domestic product about three times larger and living standards twice as high as today.

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Alternatively a “high ambition” scenario based on building a more sustainable and equitable global economy could leave global GDP 13 times larger after a century, with living standards about nine times higher.

The Bulgarian economist, who is seeking a second five-year term as IMF managing director after being nominated by a string of European countries to lead the institution, said this would rely on the world pursuing a “different kind of growth” in future.

Calling on governments around the world to focus attention on three key priority areas, she said it was vital to address the climate emergency, invest in new technologies such as AI, and invest in people through tackling inequality.

“We also recognise the need to put in place better measurement of wealth that goes beyond the traditional GDP, that values not only produced capital, but also nature, people, and the fabric of societies,” Georgieva said.

Highlighting Keynes’s maxim that “in the long run, we are all dead” in her speech, she said the economist had meant the phrase as a call to action. “He meant the following: instead of waiting for market forces to fix things over the long run, policymakers should try to resolve problems in the short run,” she said.

“And it’s a call to which I for one am determined to respond – to do my part for my grandchildren’s better future. Because, as Keynes put it in 1942: ‘In the long run almost anything is possible.’”

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José Mourinho, in a shirt and tie, slings the silver UEFA Cup trophy onto his right shoulder.

The On Soccer Newsletter

Where’s the Next Generation of Great Coaches?

A trip back to 2004 suggests even sure things can sometimes be a gamble.

José Mourinho, back in his trophy-collecting days. Credit... Estela Silva/EPA, via Shutterstock

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Rory Smith

By Rory Smith

  • March 15, 2024

Twenty years, it would appear, is a very long time indeed. This week, a brief video montage fluttered through the flotsam and jetsam that clog my (and your) social media feeds — the engagement-farming banalities, the craven attention-seekers, the willfully deranged Kate Middleton theories — to celebrate the glorious madness of 2004.

That was the year, after all, when Greece won the European Championship, a triumph so unexpected that at least one squad member had to rearrange his wedding around the team’s progress. The Greek triumph came a few weeks after Porto, led by a charismatic young coach with hair more pepper than salt, lifted the Champions League trophy.

That was after Werder Bremen finished the season as champion of Germany and Valencia secured its second Spanish title in three years. Whoever compiled the video did not even need to mention the victory by a Colombian minnow, Once Caldas, in the Copa Libertadores to declare that 2004 had been a year for the underdog.

The compilation clip could, at a push, be used as a sort of generational Rorschach test. It might inspire, in older viewers, that bittersweet pang of nostalgia, the ghost of a memory that this is how things used — and therefore ought — to be. Werder Bremen should be able to win the Bundesliga. Porto should be contenders to be champion of Europe. You might not want to watch Greece win the Euros again, but it was nice that it happened.

Younger fans, though, may well interpret it differently. They have grown up in an era of dominance and dynasty, in which the sport’s major teams have established unprecedented primacy over their rivals, and stasis has become the truest marker of excellence. The sight of all of these unfamiliar teams lifting trophies might reinforce their suspicion that soccer is rather better now than it was then.

There are two things worth pointing out in rebuttal. The first is that 2004 was an outlier even by the standards of the time. The previous six editions of the Champions League, for example, had been won by Manchester United, Real Madrid, Bayern Munich and A.C. Milan. And the second — albeit obvious only with the benefit of hindsight — is that it was a liminal year.

The best measure of that came between seasons in a summer of considerable change. In the space of three months, half a dozen of Europe’s major clubs appointed new managers. Some of the candidates they appointed were successful. Some were not. Some, it would emerge later, had strongly-held beliefs about the healing powers of cheese .

The German soccer manager Felix Magath, in a gray suit on a team bench.

To modern eyes, though, what is most striking is how risky so many of those hires seem now. Juventus’s decision to appoint Fabio Capello — his mien, even then, that of a stern immortal hewn from basalt — appeared a safe bet, but many of the others were not.

Inter Milan hired Roberto Mancini, who had won only one honor, a Coppa Italia, as a coach, and had most recently led Lazio to an unspectacular sixth-place finish. Bayern Munich went for Felix Magath, the cheese enthusiast, on the back of a celebrated playing career and his guiding Stuttgart to fourth place in the Bundesliga.

Real Madrid followed a similar playbook: José Antonio Camacho was one of the club’s more beloved alumni, a factor that probably played as significant a role in his appointment as the Portuguese Cup he had won in his brief spell in charge of Benfica.

Indeed, even the two standout hires on the market — José Mourinho and Rafael Benítez — came with caveats. Mourinho had turned Porto into champions of Europe, something that even in the olden times of the early 21st century was not really supposed to happen, but he was not yet 40. His fire had burned impossibly brightly, but (at that stage) worryingly briefly.

Benítez, unlikely as it sounds now, was arguably the more cautious choice. His Valencia team had won two Spanish titles in three seasons, and had just lifted the UEFA Cup. Still, his résumé was not flawless: Before joining Valencia, he had been a somewhat peripatetic figure at relatively minor Spanish teams. It was not enough to dissuade Liverpool, though, from bringing him on board.

Two decades on, this summer is likely to bring coaching change on a similar scale. Liverpool, Barcelona and Bayern Munich already know that they must appoint new managers. There is a reasonable chance that A.C. Milan, Juventus, Chelsea and Manchester United will join them.

And yet the field of suitable candidates feels impossibly small. Aside from Xabi Alonso — currently unbeaten in his first full season in management, sweeping magisterially to the first title in Bayer Leverkusen’s history — the pickings seem relatively thin.

There is Rúben Amorim, winner of a Portuguese title and a couple of domestic cups at Sporting. There is Sebastian Hoeness, who would probably not be pleased to be depicted as a modern-day Magath but who has also taken Stuttgart to the Champions League. There is Roberto De Zerbi, the early promise of his Brighton tenure now starting to fade.

The cases for each seem almost outweighed by caveats; with any of their appointments, there would be the unavoidable feeling of taking a shot in the dark. Amorim has worked only in Portugal. Hoeness has never won a major honor. Brighton is no adequate proving ground for the pressures of Old Trafford or Turin’s Allianz Arena.

It is this, of course, that makes that suite of appointments in 2004 seem so alien, that makes the contrast between then and now seem so stark. Of course, a modern team would appoint a manager like Mourinho who had just won the Champions League. Of course, a coach who had won any of the major domestic leagues on a first try would be in demand by bigger clubs.

But those things do not happen anymore, not really. It is the fact that Alonso is on the cusp of achieving it that makes him so exceptional, and so compelling. Even the sort of success Mancini or Magath had enjoyed is vanishingly rare, so greedily do the elite gobble up major trophies, so desperately do they cling to their places near the summit of their domestic leagues. Nobody will ever make a video declaring 2024 the year of the underdog.

For a vast majority of coaches at the start of their careers, no matter how talented they may be, all they can hope to muster is a form of qualified success: outperforming their salary bill; employing a bold and daring style; surviving in Europe for long enough to win some fleeting kudos.

At the same time, even that is no longer necessarily enough. The task of managing Sporting — with its squad of young promise and gnarled journeymen — is a world away from taking charge of the superstars at Barcelona or Manchester United. Coping with the stresses of Stuttgart is no longer adequate preparation for the expectation to win every game at Bayern Munich.

That is why, in recent years, those managers who have landed the game’s most prestigious jobs have either played for those clubs — Frank Lampard, Ole Gunnar Solskjaer, Xavi Hernández — or already managed one of their rivals. There is a chasm between the great and the merely good, and the perception is that nobody is able to jump it.

In reality, of course, that is not true. Just as Benítez and Mourinho and Mancini managed to grow into the roles they earned in the summer of 2004, so Amorim or Hoeness or De Zerbi might look an inspired appointment from the vantage point of 2044.

Whether any of the superpowers are brave enough to take that chance today, though, is a different matter. It is a problem entirely of their own making. And only they, ultimately, have the power to solve it.

The curious case of the missing shootouts

The long wait ended in the tumult of the Emirates Stadium on Tuesday. After years of disappointment, of desperate near misses and bitter failures, Arsenal finally made it happen: The Premier League leaders failed to score a second goal against a resolute F.C. Porto, ensuring that the Champions League would — after eight long years — see a penalty shootout.

Of course, what with fate being a cruel and mocking force, a second duly followed: On Wednesday, Atlético Madrid took Inter Milan to penalties, too, with Diego Simeone’s side eventually winning to take a place in the quarterfinals of Europe’s somewhat jaded elite club competition.

Those two shootouts were — remarkably — the first the tournament has seen since Atlético’s defeat to Real Madrid in the 2016 final. We have, in other words, managed almost eight editions of a knockout soccer tournament, one designed to taper into a single, evenly-matched fixture, without a single game going to penalties. And that, scientifically, seems weird.

In these situations, there is an overwhelming desire a) to find an all-encompassing explanation and b) to ignore the fact that, sometimes, stuff just happens. That second bit remains the likeliest rationale, but there are other factors worth considering.

It might, to some extent, be a consequence of European soccer’s increasing wealth gap: The last 16 and even the quarterfinals have, in recent years, grown ever more lopsided as power in the European game has become concentrated among a handful of teams.

But the level to which the true elite have pushed the game may be just as relevant. As the very best teams have become impossibly intricate tactical masterpieces, so, too, have they become more vulnerable to systemic failure: If a certain gambit does not work, or is exposed by the opposition, they are more liable to being overwhelmed.

There was something refreshing about the games in London and Madrid this week. This is how European soccer used to look, and used to feel — a welcome blast of nostalgia in a competition that has an obsession with modernity, with the future, with the next big thing.

Liverpool, then, will be the next to fall. In the coming months, the club intends to join the likes of Manchester City, Chelsea, Brighton, Aston Villa and a host of others and “expand its portfolio,” a piece of euphemistic jargon that means it will buy another soccer team, strip it of its existential purpose and place it in a form of corporate service.

Liverpool’s hierarchy believes it has little or no choice but to join the growing ranks of rich clubs with expansive, club-owned feeder systems. Establishing a network of teams is the only way the club can compete with its rivals, as Michael Edwards — the celebrated sporting director now restored to Anfield as the head of soccer operations for the team’s owner, Fenway Sport Group — put it this week.

It is easy to see why Edwards and F.S.G. believe that. Soccer seems at some point to have agreed that multiclub ownership was the way forward. Some 300 or so clubs are now part of these models, inspired by the likes of City Football Group and the Red Bull herd. Many more will follow: Newcastle, among others, is exploring its options, too.

The problem is that the argument in favor of this approach does not extend much beyond the fact that everyone else is doing it. The benefits seem indistinct: sharing a little information, spreading a few costs, centralizing the development of the occasional player.

The hazards, on the other hand, are clear: not just a threat to competitive integrity across Europe, but the wholesale erosion of the rich, varied mosaic that has been the sport’s strength, replaced by the unapologetic diminution of social institutions in the interests of unchecked greed and ambition. Whether that cost is worth the benefit is a question too few seem to ask.

Correspondence: a Kilmarnock special

Something of a change of pace this week: just a single piece of correspondence, courtesy of David Heath . Correspondence, in fact, may not be the right word. David’s email was really more of a confession, the expiation of a jersey-related sin that seems to have been burdening his soul for some time, brought about by our discussion last week of how teams choose which jerseys to wear.

A couple of decades ago, while David was serving as chief executive at Kilmarnock, a middleweight club in Scotland, he — in his own words — “set aside all semblance of sporting integrity in pursuit of a European place.

“This moral descent,” he admitted, “culminated in the ‘Red jersey affair.’” This, it would seem, is the source of David’s shame.

As some of you may know, Kilmarnock traditionally plays in very fetching blue-and-white stripes. It always has. That season, its away jersey was yellow. There was also a red jersey, for use — in theory — when Kilmarnock met a team on the road that also played in yellow. (Motherwell, Livingston, maybe Partick Thistle?)

We’ll let David take up the story (with light edits). “We had a few away games at a crucial juncture of the season in our third red jersey. This was designed in part to boost sales of this unusual and popular color over the Christmas period. The club went on an excellent run of form, though, and the jerseys took on a talismanic status.

“With a vital home match looming, I was approached by a delegation consisting of the kit manager, team manager and commercial manager pleading with me to find a means of playing at home in the red jersey. Mesmerized by the allure of our precious red, I approached the league secretary directly.

“He was an amiable, if firm, gentleman, always willing to interpret league rules in a flexible manner but also resolute in their enforcement. In what he would later class — somewhat Homerically — as ‘dissembling indirectness,’ I explored with him scenarios in which a club might resort to ‘emergency kit management.’

“At the time, we reused jerseys extensively and had our own in-stadium laundry. The sudden malfunction of that laundry at the last moment could not have been reasonably foreseen. Faced with the potential of a match’s postponement in front of an expectant crowd, I had no alternative but to send the team out in the red jerseys.

“In a subsequent display of pettiness by the league, we were allowed no further games in red that season, went into decline and finished seventh.”

This, presumably, was all the proof that David needed that Kilmarnock’s red jerseys did, in fact, have some special power. “The following season, we promoted it to our away kit,” he said. “We finished a strong fourth.”

Rory Smith is a global sports correspondent, based in the north of England. He also writes the “ On Soccer With Rory Smith ” newsletter. More about Rory Smith

Inside the World of Sports

Dive deeper into the people, issues and trends shaping professional, collegiate and amateur athletics..

See-Through Baseball Pants : A redesign of M.L.B.’s uniforms has put Fanatics and Nike at the center of a debate about performance versus quality in sportswear .

Delayed Gratification: Doping rules, legal challenges and endless appeals have left some Olympic medalists waiting for their golds .

The Worst Job in College Basketball: South Carolina Salkehatchie had no budget, players or running water when Matt Lynch arrived. One season in, the first publicly gay head coach is figuring out how to win , on the court and off.

How the Kelces Made Crying Cool: Tears in men’s sports were once considered a sign of weakness. But Jason and Travis Kelce have regularly put their emotions on full display .

Dartmouth Players: Members of the Dartmouth College men’s basketball team voted 13-2 in favor of forming a union , a development that could usher in a new phase of the movement for college athletes to be treated like employees.

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  1. My Aim In Life Businessman Paragraph: Strategies For Becoming A

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  2. 🔥 My ambition essay. Short Essay On My Ambition 2022. 2022-10-18

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  1. My Ambition In Life Essay

  2. You might argue that you ARE a legitimate business owner, but perception is everything #entrepreneur

  3. My ambitions in Life English Essay

  4. My Ambition / My Aim in life essay with quotations for class 10th @learn4learningofficial

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  6. How To Succeed In Any Business

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  1. My Ambition to Be an Entrepreneur: [Essay Example], 696 words

    My ambition to be an entrepreneur is fueled by the desire to create something meaningful, to leave a mark that transcends generations. It is a commitment to embrace uncertainty and transform it into opportunity, to identify gaps in the market and fill them with innovative solutions.

  2. Essay On My Aim To Become a Businessman in English 500+ Words

    byExamo Mentor -July 03, 2022 Here in this article, we are going to read a detailed essay on My Aim to become a businessman. My Aim in Life To Become a Businessman Essay Introduction - My Aim in Life to be a businessman Life is not the same for everyone. Some are rich and some are poor. However, life gives every person equal opportunities.

  3. Personal Statement Ambition: [Essay Example], 853 words

    Personal Statement Ambition. Ambition is a driving force that propels individuals to strive for success and achieve their goals, yet it is a complex and multifaceted aspect of human nature. From a young age, ambition shapes our aspirations and guides our actions, influencing the paths we choose to pursue in life.

  4. My Ambition Essay for Students and Children

    500+ Words Essay on My Ambition Almost everyone dreams of something while growing up. We all have ambitions when we are little, which change as we grow up. Ambitions lead us to a definite aim in life. Furthermore, they help us focus on our goal no matter the cost. It drives us to do better in life. Ambitions differ from one person to another.

  5. Essay on My Ambition 500+ Words

    Essay on My Ambition 500+ Words Ambition is like a spark that ignites the fire within us. It's that inner drive that propels us to achieve our dreams and reach for the stars. In this essay, we will explore the significance of having ambition in our lives and how it can shape our future. Ambition Provides Purpose

  6. Paragraph 100 words on my aim in life . businessman

    Probably one of the most important qualities of a good businessman is to have leadership skills and maintain the team and workers need to Work on our communication skills. my aim is after earning the money just help the poor peoples or who which is unable to got their needed things. NCERT Class 9 English - Moments NCERT Class 7 English - Honey Comb

  7. The Aim of My life is to Become a Successful Entrepreneur (2022)

    My Aim in Life (Few lines) : I want to become an entrepreneur because I want to be my own boss and have control over my life. I want to be able to create jobs and help others achieve their goals. I believe that entrepreneurship is the best way to achieve financial independence and freedom. I am motivated by the challenge of starting and running ...

  8. Essay on My Ambition

    Conclusion. In conclusion, my ambition to become a scientist is more than a career goal; it is a commitment to lifelong learning, curiosity, and the pursuit of knowledge. It is a mission to use science as a tool to improve the world and human life. This ambition guides my choices and actions, propelling me towards a future where I can actualize ...

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  14. Free Essays on My Ambition A Businessman

    Free Essays on My Ambition A Businessman My Ambition paper MyAmbition As a normal person, i'm also have my own ambition. Myambition is to become an engineer. It is not just an ambition but i want it to become a reality to my life.

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  18. My breakup with ambition

    In 2021 and 2022, almost 100 million American workers left their jobs. Many who remained quiet quit, resolving to do no more than the bare minimum. The New York Times declared it the "age of anti ...

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  21. Free Essays on My Ambition Of Becoming A Businessman

    Macbeth: the Downfall of a Tragic Hero. mainly caused by Macbeth's ambition, power, and fate. Ambition is the most common act that causes a downfall in Macbeth. Ambition is the desire to achieve something. This is evident in the play as Macbeths strives to become king and tries to prevent fate from occurring.

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  23. Tackling inequality vital for next century of growth, IMF head says

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    The ferocity of ambition had caused the downfall of Macbeth who was blinded by his greed to become the... 272 Words; 2 Pages; Ambition Has Been a Greater Influence For Evil Than Good Ambition Has Been a Greater Influence for Good than Evil (Against the Motion) Good Morning. Respected Chairperson, judges and my worthy opponents. Today I stand ...

  26. Why the House voted to effectively ban TikTok and what it could mean

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  27. Where's the Next Generation of Great Coaches?

    In the space of three months, half a dozen of Europe's major clubs appointed new managers. Some of the candidates they appointed were successful. Some were not. Some, it would emerge later, had ...

  28. The struggle to free Haiti from violence and impotent governance

    On March 11th, under pressure from foreign government officials gathered at a summit in Jamaica, and with the gangs that control Port-au-Prince, the capital, blocking his return to Haiti, Mr Henry ...

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