In making profitable decisions I have 3 quick tips for your business development and continued learning. These will help support you so you can take action and lead to your goals, impacting more people and making more money.
Believe it or not,
back in 2005, when I was still trying to find a j-o-b I could enjoy, I actually trained as a dealer – card, not drug.
Turns out in real life, casinos don’t have the glitzy “Sigfried and Roy” allure they do on television so I couldn’t bring myself to actually take a job in one. But I did learn a lot about how to win at Texas Hold ‘Em and Black Jack.
It all hinges on fast, powerful decision-making.
Decision-making is an art – part skill, part intuition. And woe unto the player who disregards the development of this ability. One bad decision in poker and you can, quite literally, lose the shirt off your back (or at least all your chips).
There are some distinctly valuable lessons to be learned here that you’ll find useful in determining which business development opportunities are the best bet.
Here are 3 quick tips for making profitable decisions when it comes to investing in your business development and continued learning. These tips will keep you from folding too soon, and support you in taking action that leads directly to your goals – impacting more people and making more money.
Tip #1 - Be Willing to Gamble (Intelligently)
The player who tosses in the starting ante and matches every raise may stay in the game for a while. But she’s not the one who’s going to win big. You’ve got to take a considered chance and go “all in” when you see a winning hand. In your business, that means intentionally investing in your learning, looking for the right opportunities, even travelling to a live event.
Tip #2 – Know What Your Criteria Is Going In
I’m all for listening to your intuition. But betting on a whim is not the same thing. In poker, there are certain guidelines or criteria successful players use to determine their next move. Three key criteria for knowing what’s a safe bet when it comes to investing in a learning program are these-
* The subject matter fits well with your current focus
* You can see yourself using the information in the next 90 days (you may not know exactly how yet, but it’s not just theoretical info)
* You feel aligned with the style and philosophy of the teacher/mentor
Tip #3 - Make Your Decision Proactively, Not Reactively
Folding (tossing in your cards before the hand is finished) backfires as useful strategy when it’s done from a place of desperation or fear. Lots of players end up losing not because they bet rashly, but because they let Fear talk them into folding on a winning hand. When considering the investment in a business development program, say ‘yes’ or ‘no’ from a place of abundance and prosperity, rather than fear. (You
always get more of what you focus on, so be intentional about it.)
Making Your Continued Learning a Priority Is the Fastest Path to Success
Entrepreneurs, by nature, tend to have a bit of the gambling bug in them. Growing a successful business is no sure thing, after all. Which is why becoming adept at making fast, confident decisions and taking action consistently to develop your skill level and knowledge base is so important to achieving your goals.
