Everyone knows who Mike Tyson is. After all, he is a boxing legend. His mindset of determination, mental stamina and adaptability is a blueprint for business success as well as boxing. That's why I've adopted his principles for my business.

Understanding how to use the same discipline, focus and resilience as Tyson can transform your business and give it a competitive edge. It did for me.

Related: 4 Things Entrepreneurs Can Learn From Mike Tyson

Tyson was laser-focused on his goal to become the youngest heavyweight champion in the world. That and discipline led him to dominate the ring.

Focus is important to long-term business success. Entrepreneurs are constantly distracted by challenges and opportunities. Clear vision is necessary to ensure every decision, big or minor, gets you closer to your goals. Every aspect has to contribute to the bigger picture.

Focus makes it easier to ignore the noise and focus on what is important to your business's success.

Knowing how to thrive under pressure is as important to a business leader as it is to a boxer. Tyson adapted in the ring when the challenger put him under pressure. He faced unexpected moves but learned how to change his strategy to turn the match in his favor. It was a strength in his career.

Business leaders get into a rut of thinking there is only one way out of a situation when there are many. Look at all your possible strategies and........

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