This Business News Story Was Uncovered By Us From: https://www.entrepreneurshiplife.com/how-running-business-is-like-playing-poker-and-how-it-isnt/
We hope this Editorial, that was specialy found for you, to think of Aspects to add Thrust into your own online business venture.
Running a business is like playing poker. A game table is the best place to learn aspects essential to business life and train yourself.
You can observe how some of the most outstanding entrepreneurs deal with financial problems similar to playing cards. However, is the business-running poker-playing link just a loose simile, or is there something that aspiring businesspeople can learn from the famous gambling game?
Poker as active learning
Companies spend millions of dollars training their employees to improve their business acumen by setting up training sessions with reputed speakers and trainers.
But do you really think the coaching approach works a hundred per cent as intended? One can easily doubt it. One expert study found that most participants were considered to have earned new information and benefited in performance.
However, one area where participants thought these programs faltered was preparation for the future. And it is understandable since readiness for the future is much more fluid and dynamic concept.
Most can agree that just attending training sessions and listening to great people speak does not help if you don’t take action.
Learning takes place when you actively participate in the game of life, observe people, be present in the situation and make a move at the appropriate time. It sounds a lot like a game of cards, isn’t it?
What can it teach you?
Playing a physical game of poker requires players to observe and read other players and be quick and take crucial decisions.
Isn’t that what people in any kind of lucrative business have to do day in and day out?
There are many similarities between poker and running businesses. The competitive game involves familiarisation with v… Read More
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