Otherwise, you're just an adrenalin junkie, and your losses will start to mount up. But smart players, like smart entrepreneurs, only take that risk when the odds are deeply in their favor. The all-in decision is exciting, because it represents the ultimate risk - losing everything. Both involve quick math, assessments and instinct. In poker and business you are constantly measuring potential gain and loss and deciding when to take risks. Here are six ways playing poker can help you in business, and two ways it cannot. Related: 5 Skills That Are the Foundation of Entrepreneurial Success I end up finding myself using a lot of the same skill sets in both situations - trying to call bluffs, anticipating moves and playing my cards perfectly without giving away my hand. When I'm sitting in a poker tournament for 12 hours straight, trying to read the other players around the table, I am often reminded of being locked in the office with a group of executives hashing out the details of a big deal. Many of the hard lessons I learned from my early experiences helped to build me as a strong poker player - and even stronger entrepreneur. Starting my first business at the age of 15, I had an earlier start in entrepreneurship than most. Poker and entrepreneurship have both been long-time companions in my life.
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