Poker Players Don’t Bat An Eyelash ~ Entrepreneurs Take Notice . . .
Poker Players don’t bat an eyelash! To be a successful entrepreneur, you need a variety of talents, skills, and influences. Drive, ambition, and desire are all prerequisites for success. If you don’t have the basic components, then you’ll simply never be a success.
You don’t even need a killer idea. Your consistent work and application can see even the most modest projects succeed. Remember, it’s not the hand you’re dealt that makes you successful; it is the way you play it.
Poker is: “A game of skill with elements of luck thrown in, a game of chance that you can affect and drive depending on your outlook.”
Poker is often used as a metaphor for life, and it can teach the budding entrepreneur plenty about how to be a success.
Poker Players Know The Rules . . .
Successful entrepreneurs are often seen as mavericks, the type of people willing to cross lines and blur boundaries to get to the top. Take Mark Zuckerberg as an example; his development of Facebook has often bent the rules a bit and yet also stayed on the right side of the law.
Understanding poker rules is also very critical, from the hand ranking charts to the different poker variants you can play. There is a thing called an angle shoot in poker, which is a set of unwritten rules that are frowned upon and will earn you disdain and possibly penalties.
Knowing exactly what you can and cannot do allows you to focus on the elements of the game you can change fairly. The same holds true for business; succeed, but stay within the confines of the law.
Successful entrepreneurs embrace change; they roll with the punches and adapt quickly to new situations. That’s something that you can learn from poker because even a winning hand can turn out badly, and vice versa.
Imagine you’ve been dealt pocket queens, a winning hand from the off. Then on the flop, you see 2, 3, and 4 drops, all red. Your winning hand has suddenly changed; you’ve gone from being the dominant player to not knowing the full picture. You have to embrace that change, evolve your approach, and make the most of the circumstances.
Understand Your Competitors:
To be a successful entrepreneur, you have to understand the business you’re in, and that doesn’t just apply to your customers; you have to know what those around you are doing.
Imagine you’re the owner of a food truck providing hot dogs to people, and the vendor down the road starts selling lots of his chilli dogs; you’d want to bring a chilli dog line in, wouldn’t you?
In poker, you have to understand those sitting around the table with you, not just to see what they’re doing; you have to know what they’re thinking. What hands do they have, and how are they going to play them? If you can get in their heads, you can get ahead, and maybe it’ll be you dropping the chilli dogs first, not playing catch up with the competition.