Tag: Poker

Success Secrets – How A Poker Tip Can Change Your Life

I received a phone call 9 months ago and I pretty much ignored it.

I ignored it because I’m not much of gambler.

Hold on.

Don’t move.

Where I’m going with this is very important, so grab a Peach Snapple (I love Peach Snapples) and stay with me.

9 months ago I received a call from a good friend of mine I met in college.

He said, “Mike, you have to start playing poker. It’s just amazing. You can play with us next week in Mark’s home or just jump online and join a game. It’s such a rush.”

He was so excited, but I had to say, “Thanks, but no thanks, I’m not interested.”

About 2 weeks later I was channel surfing and I came across a poker tournament on TV.

Because of my friends ‘frantic’ EXCITEMENT, I stopped and watched.

I wanted to SEE why he was so excited.

It’s taken off.

Like the Beatles year’s ago.

Like ‘Cabbage Patch Kids’ (remember them?).

Follow me here because you’re about to discover a success insight that will change your life and make you mon.ey.

Poker has become a billion dollar business and the newest phenomenon around the world.

I got home from the office yesterday, got my mail, and saw the latest edition of Inc. magazine.

Who was on the front cover?

You got that right, the guy who started the Poker craze.

Oh baby, was I excited, this was going to be a great story to read.

And I was right.

Let me share with you 3 success secrets that Steve Lipscomb, the creator of the Poker craze, has used to build a $300 million dollar business and kick start a multi billion dollar industry.

1) Do Something You Love – Why did Steve Lipscomb even get into the poker business?

Because he started playing it, LOVED it, and saw a better way for poker to be ‘sold’. So simple, but so beautiful right?

What do you enjoy doing? What products or services have you bought in the past that revolve around your passion that you can improve and s.ell to other enthusiasts?

I always go through the same process with my coaching clients in helping them discover their passion and show them how to make mon.ey with it. The steps are so simple and always work – and that’s why I included them in ‘The Ultimate Lifestyle Workshop’.

2) Find A ‘Model’ That Works And Emulate It – After Steve decided to turn his poker passion into a business, he looked for a business model that he could emulate, that he could learn from.

We can learn so much from other businesses outside of our own.

Steve found the model of the PGA golf tour and used it to build his $300 million dollar business. Amazing.

My income tripled when I found a business model that worked with the business I was building.

But here’s what’s funny, this model could work for you in probably 50 other types of businesses.

I’ve only revealed my business model once in public, it was at ‘The Ultimate Lifestyle Workshop’, and I think it’s a big reason why people love it.

3) Ignore The Naysayers – Nobody believed in Steve Lipscomb. I know how that feels and it’s not too good. The cable companies, production companies,even people around him thought he was crazy.

They said, “Nobody would buy this”, but he believed in himself and his idea.

And that’s what YOU need to do.

By taking it 1 step at a time, celebrating each victory, Steve Lipscomb has now built a publicly traded company worth $300 million.

Pretty good for a guy with a passion and an idea.

Are you ready to stretch yourself, believe in yourself, and go for what you want?

Talk to you soon.

Mike Litman

http://www.unleashyourgreatness.com/ns.html

www.mikelitman.com

Thinking About Becoming a Professional Poker Player?

Becoming a professional poker player is difficult. Not only do you have to be good at the game you have to have a good business head. To that end you have to learn to treat your beloved card game as a business, rather than a pastime which in the past you have been good at.

If you are thinking about becoming a pro read this first.

Business Element

Like most businesses there will be good times and bad times. You must be prepared for the latter and use the former to offset your losses. Professional poker playing also needs capital like any other business, and for poker this means having a substantial bank roll.

To that end you must try and work out how much you will need to maintain a steady income from playing poker. A highly competitive profession if ever there was one. From the income figure you can estimate how much you will need to bankroll your career as a pro player.

Every player has a severe losing streak no matter how good they are. You must be able to deal with this financially.

You are going to be self employed. This is scary and hard at the best of times, and rather than making a sale, you are going to have to win a considerable amount of money to make your business thrive.

Evaluate Evaluate

To become a pro and a better pro, you have to be able to honestly evaluate your play style after every game. Ideally, having an honest opinion from someone you trust is best. A fresh, unbiased pair of eyes will be able to tell you if you are leaking too many tells, if your bluff was too obvious, and generally pick up on your weaknesses. In essence you must be able to take criticism and be honest with yourself to know when your big loss was down to you. All of this will improve you as a player.

As a professional poker player constant improvement is needed. Otherwise it is a long walk to the poor house and back into mainstream work.

The evaluation of your poker play should have already started. If you can find a mentor or at least someone you trust who understand the game, so much the better. Many players record their games in the form of notes. How much they staked, how much they won, nearly every statistic you can think of. They then refer to them constantly.

Why?

Many professionals started our as good amateur players and realised that playing a game they love for a living would be a good way to live. The chances are you are of the same mindset. On the surface there is edginess to the lifestyle that is very appealing. A little like being a spy. The reality is however, that it is a business and a job. In ten years time will you enjoy the game so much?

You may not ever view the game again like you do at the moment. A point to ponder perhaps?

Social Life

Once you embark on being a pro your social life will be centred on poker. Poker will dominate: Your friends will be poker players, your partner will be from a poker background, and even your pets will be able to shuffle cards. You will study poker when you are not playing it, and your maths will improve.

This is an aspect you need to think about to become a professional. Are you prepared for the change and sacrifice?

Percentages

If you have not worked it out already, you are going to have look at poker as a business. This means working out percentages to the nth degree and then perform in tournaments. You will start to think of the game statistically and indeed start to study your own game in the same terms. This is common to most gambling.

Summing up

A career in poker is hard. Make no mistake big losses and incredible lows are coming your way. There will be times when you wonder why you thought it was a good idea.

With a clear steady mind however, a good business head, and a mentor or friend who is willing to help you, you might just make it.

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