How do I evaluate market opportunities using my Texas Holdem skills?

• If you’ve mastered the table selection concept, while playing Texas Holdem poker, then you definitely remember that table selection is probably one of the most important decisions you make during the game. This is the way how you look at the market and how you feel it.

• You know that it’s quite normal to quit playing at a certain table if the game’s to tough and switch to another table, where you can make more profit.

• Skilled Texas Holdem players know what does competition means. They know that it’s very hard to play in a crowd, so it is better to try short-hands (i.e. smaller markets).

How do I improve my marketing and branding using my Texas Holdem skills?

• Texas Holdem poker teaches you to bluff. Pretend strong, when you’re actually weak and act weak when you are strong.

• Player’s nickname is a brand itself. Everyone knows WSOP winners.

• You can learn to shape the tells that people tell about you and your business.

How do I understand financials using my Texas Holdem skills?

• Wise player is always prepared for the worst scenario ever.

• You know that even if your opponent wins more hands than you, it doesn’t necessarily mean that he earns more money than you in the long run.

• Even absolute winners don’t earn all the money at the table. You can always find a way to get your slice of the pot.

• Put emphasis onto your expected value rather than at less risky combinations.

• Start playing with a sufficient bankroll, unless you want to lose your stack after facing a bad beat.

• Invest money that you can actually afford to lose, regardless of your expectations.

• Texas Holdem poker, as well as any business is a long term game. You can make good deals time to time and lose a lot of deals as well, but only your overall progress really matters.

What does business strategy has to deal with Texas Holdem strategy?

• Strong No-Limit Texas Holdem players can easily lose in Pot-Limit or Fixed-Limit variants of the game. This means that you shouldn’t play games you don’t understand, even if you’re good at other games.

• Learn the game at low stakes and only then risk big money.

• Using wise tricks is good, but cheating never wins you a lot of money.

• Be disciplined and try to keep to your major principles.

• Try to be and think flexible, learn to adjust to circumstances and tendencies of the market.

• If you are going to be successful, then you must learn to be patient and think long term.

• Don’t follow the crowd – lead the crowd.

• If you rely on luck, or even hope to get lucky, then you shouldn’t play Texas Holdem poker.

• Never go on tilt, regardless of circumstances.

What miscellaneous skills can Texas Holdem give to a successful businessman?

• Texas Holdem requires you to learn and never stop learning. Same skills are very important for any sort of business. Be aware of all the tendencies in your industry, know about your opponents’ tricks, plans and prospective.

• Always practice what you’ve learned. Don’t rely on your theoretical knowledge only. Many things look good in theory, but just few of them work out fine.

• You’ve got to play against the sharks in order to become a shark. Weak players won’t teach you to be tight and aggressive.

• If you’ve missed some important things – don’t hesitate – just ask for a tip.