Keep doing the right thing, the results will follow

[Andy Black]

Some advice I gave to a client who gets a bit excited, disappointed, or impatient:

Professional poker players are dispassionate about the outcome. They tuck losses and wins away as learnings as they figure out how to win the game. They could get all-in with their two aces against a fish who calls with a rubbish hand. They don’t get excited because they’re ahead. Neither are they disappointed if they lose. They keep grinding it out and grinding down their opponent.

Our plan is to keep grinding it out. Calmly.

If our bankroll isn’t high enough to play at the current tables then we drop down to smaller tables and try to learn the game so we can beat it while spending less.

Getting excited or angry or disappointed is a sign we’re playing at tables too big for us, and/or our mindset isn’t that of the coolly detached pro.

Keep doing the right thing, the results will follow.

 

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[RazorCut]

Exactly. It's a process. If you have done your homework and know that the numbers will work you just have to have the confidence and belief which will let you grind it out until you get the results you know are obtainable. You might well have to make adjustments along the way but that's part and parcel of entrepreneurship.

I used to love poker and had a game with friends every fortnight. I went years without a single loss simply because I didn't tilt when I got bad beats. I just battened down the hatches and played conservatively with what I had left until things started going my way again.

You can't win if you give up part way through the process.