How Poker Helped Me Run My Business |
Posted: November 16, 2017 |
Playing poker and running a business is actually similar in so many ways. This is why I have tried playing poker more often on my free time. My business has benefitted a lot from some poker playing skills that I have caught up on and I can confidently say that playing the game has made me more confident as an entrepreneur. Here are some lessons that I have learned while playing poker that can help you out in your business. Play your cards right Poker is not about luck. In fact, you will find that most serious players do not have good cards on them all the time but they still manage to win in the end due to good thinking and strategy. They know what to do with the cards they’ve been dealt. Just like in business, you have to know that you can do something to turn the tables around even if the odds are against you. Starting with a low capital can easily turn into a very high-profit reward if you are able to play your cards right. In order to win the war, some battles must lose Risk is inevitable in a game like login situs judi poker99. You have to be willing to lose some money in order to get to the grand prize. Just like in business, losses will always happen. You have to be able to foresee which losses are necessary to help you stay in the game. If you stay safe, you will barely make any progress. Know your competition Understanding your opponent and learning how to read their body language is one surefire strategy to winning a poker game. The same thing can be said about running a business. In business, you have to study and know your competition. Tell-tale signs of bluffing can help you in your poker strategies. Just like in business, knowing your competition’s weakness is an advantage to prove that what you can offer is the best. Calculating the odds You do not have to be a mathematical genius in order to assess which odds are in your favor in a game of poker. The same thing can be said for entrepreneurs. Poker players rely on non-verbal cues like body language which gives them the instinct to know how they should execute their next move. Entrepreneurs must have a good gut instinct aside from market knowledge in order to make the right business decisions. Emotional control A good poker player will not let his or her emotions ruin the game. Showing signs of frustration, anger, excitement, or happiness can easily give away what kind of cards you have in your hand. Your opponent will be able to figure out if the odds are working on your favor or if they are ruining your game play. The same thing goes for business. Being emotionally weak can cause you to lose your employees and investors. You must know how to stay calm and level-headed in times of financial loss. There will be times in your business when things will not go to plan and being calm and confident will easily regain the trust of your staff, investors, and clients. Poker is a well-known game that is easy to learn and provides you a means to earn some money. Winning at poker and in business rely on a lot of similar things that are worth examining especially in these times when economy is unpredictable. Playing login poker99 will not take up much of your time. If you have not been playing this game, maybe it is about high time that you start to learn.
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