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Understanding Gambling vs Calculated Risk

If you are a poker player of any experience level, you probably have heard Kenny Rogers’ song “The Gambler,” perhaps on the radio or in the current commercial for insurance. Kenny offers some of his own advice with the lyrics, “you got to know when to hold ’em, know when to fold ’em”. To paraphrase,

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Adjusting your approach based on the situation

Although there are many similarities between poker and business, sometimes the strategies contrast. At the poker table, the basic premise is to figure out how your opponent is playing, and then beat them by using a counter strategy. However, the business world is not a zero sum game, and opportunities can easily be win-win. Collaboration amongst teams and

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Acting Courageously in the Face of Fear

As a young boy, I thought courage meant acting without any fear. However, after a conversation I had with my grandpa, Elwood Silverstone, I realized that courage means acting in spite of fear. Given that today is Independence Day, and the fact my grandpa introduced me to the game of poker, this is an appropriate story

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What Tony Hsieh Taught Me About Poker, Business, & Life

Tony Hsieh is the CEO of Zappos, and author of Delivering Happiness: A Path to Profits, Passion, and Purpose. The title of his book resonates with me for a number of reasons. First and foremost, I believe that being happy, feeling good, and enjoying life is one of things that matters most. I also believe that doing what you love,

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