Wladimir Klitschko one year after he retired from boxing: His learnings and his life nowadays

Hamburg, August 3, 2018 - Exactly one year ago boxing legend Wladimir Klitschko declared his boxing career to be stopped. It took him almost 100 days to take the decision not to pursue a rematch against Anthony Joshua.

 

As an amateur and professional boxer, Wladimir Klitschko has achieved everything. But his career also had its ups and downs. During his 27 year long boxing career he developed the philosophy "Challenge Management". This inner attitude combined with the key ability willpower, based equally on physical and mental strength, allowed him not to lose the focus of his goal after every defeat and ultimately emerge from the ring as a winner.

Nevertheless, he knew early on, that his first career as a professional boxer was limited. The sports academic not only completed his PhD in 2001, but also established an existence as an entrepreneur parallel to boxing. The shaping of a life after boxing was a great importance to him, who wanted to consciously determine the timing and accompanying conditions of the end of his career. It was important for him to know that the path for his second career has already been paved.

The second career

Wladimir Klitschko is a creator. He has taken his boxing career into his own hands, marketed his fights and selected sponsors himself. It is not surprising that he also wanted to be the driving force in his second career. Therefore, simply engaging as an investor in companies was out of question. His aim was to combine financial resources and his experiences to create own products and ventures together with his team.

Although his second career also relates to boxing, the sport plays a rather indirect role. The main focus lies on his life story and his inner attitude the former professional boxer has developed in more than a quarter of a century. The conviction that willpower is the strongest force in life as well as further insights he took from sports represent the pillars for his second career.

The philosophy "Challenge Management" as the basis for a second career

Unfortunately, the death of his long-time coach and mentor Emanuel Steward occurred before the mentor’s unique knowledge could be written down and recorded for following generations. Wladimir wanted to do it differently. Only a few weeks after he retired as an active boxer, he published his bible, the non-fiction book "Challenge Management - What Managers can Learn from the Top Athlete". In the book, he, accompanied by experts in a wide variety of disciplines, shares his philosophy, explains where it derives from and how managers can pro-actively tackle challenges. Currently, the book is available in five languages.

Strengthening people

The exceptional athlete has also made it his personal goal to enable a broad public to access his "learnings". Based on that, he together with his brother Vitali founded the Klitschko Foundation already back in 2003. The Foundation supports young people from multicultural backgrounds on  their way to adulthood and train them to master the challenges of our time. More than 500,000 children have already gone through the Foundation's programs

Adults can learn from Wladimir Klitschko's life and attitude as well. At the beginning of this year, the third generation of his CAS Change & Innovation Management advanced training course began studying at the renowned University of St. Gallen. In addition to high-ranking university professors, the initiator passes on his expertise in Challenge Management to the executives. Furthermore, successful people and allies of Wladimir Klitschko enrich the course with their knowledge and experience regarding challenging situations. Within the Competence Center of the Institute for Customer Insights in St. Gallen, doctoral students are also researching the topic of turning the practical philosophy of Challenge Management into a scientific theory.

Communicating willpower

Together with his team at Klitschko Ventures, enabler Klitschko recently developed the method "F.A.C.E. the Challenge" as a distillate of the Challenge Management philosophy. His firm conviction that willpower is a skill that can be learned, provided the basis for the method’s development. Managers and people in challenging positions or situations learn by means of the four pillars "Focus", "Agility", "Coordination", "Endurance" and the procedure of duality of mental and physical strength to face these situations with newly gained implementation energy.

Shaping the future

Sharing his expertise and passing on his experiences as a person, as an athlete and as an enabler always were and still are concerns of Wladimir Klitschko. He was not only looking for challenges as an athlete – his new projects also keep him agile.

The philosophy Challenge Management is the central theme that connects the companies in his group; the method F.A.C.E. the Challenge is the driving force behind his current entrepreneurial activities. In the upcoming months, the entrepreneur and his team will continue to develop the F.A.C.E. universe: Tangible ideas, cooperations, products and offers are already being planned.

Wladimir Klitschko in brief:

Wladimir Klitschko was the most important boxer of the century. His amateur career reached its peak with the 1996 Olympic victory in Atlanta. As a professional he fought 69 fights, out of which he won 64. 29 of them were World Championship fights. This resulted in the longest combined reign of all heavyweight boxing champions with 4382 days in total - a unique record. His last fight against Anthony Joshua on April 29 2017 at Wembley Stadium in front of 90,000 spectators remains unforgotten. Despite the break-off in the eleventh round, despite the defeat by technical knockout: He was the winner. Today Wladimir Klitschko, who studied sport and philosophy, supports companies and their employees with his method "F.A.C.E. the Challenge", which promotes willpower. The boxer as an enabler in a rapidly changing world.

 

Press Contact:

Klitschko Ventures GmbH

Anglela Obermaier 

Corporate & Brand Communications Manager

T: +49 (0) 40 25 499 46 64

a.obermaier@klitschko-ventures.com

www.klitschko-ventures.com

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KLITSCHKO TOURNAMENT

The International Boxing Tournament among Youth.

  • 1727 sportsmen took part
  • 32 countries represented
  • 720 boxers got prizes
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