User Power
Value/Post Ratio
140%
- May 23, 2018
- 5
- 7
Hello all,
My name is Jerrad and I'm an online professional poker player living right outside of NYC. A little about me, I am a 25 year old college graduate who lives with his girlfriend and pup. I graduated in college in 2011 and coming out was unsure of what I wanted to do professionally. However, I was sure that I didn't want to work up the corporate ladder ; freedom has always been my passion with money a distant 2nd.
Enter Poker.
Gambling has always been around my life coming from a big irish family. Yet, I never played Poker til my Senior year of college, where I dabbled making enough to buy a case of beer every weekend.
After Graduating, I took a Sales Job that I hated to get off my feet. It was awful as I'd come home every day miserable. At this point of time, I started to fall in love with the game of poker. I knew I wanted to give it a shot. So for 4 months straight, I got up at 7 AM for work, got home at 6 PM and then just studied/played poker until I had $10k to my name to give being a pro a shot.
That was about 2.5 years ago. Today, I am a successful Poker Pro playing Mid/High Stakes Poker while also coaching students from around the world.
THE REASON FOR THIS THREAD:
While I've had success in Poker and feel very lucky that I get to do something I love every day. I have a few pitfalls.
1.) I'm not financially literate, I have good spending habits, but as far as making my money work for me and growing what I have, I could not be more clueless.
2.) There is a cap to Poker. Even the best players in the world find it difficult to make over $1million dollars per year
3.) I'm in the biggest losing streaks of my career so motivating myself with something outside of poker might help
4.) I have no outside revenue streams outside of poker, I want to be making money without using my time
5.) The profitability of Poker is somewhat out of my control (AI, games getting tougher etc.) As MJ states, we always want to be in control
Short Term Goals:
Read 5 books on Financial Literacy
Set up 1 revenue stream by the end of the year
I need your help!
Please give any constructive feedback or concern with anything you read; whether it be a thought process that maybe brought up a red flag or where to start on my journey.
Any books/podcasts that will help me improve in this area? Any recommendations would be greatly appreciated.
I'm heading off to the WSOP in a week but I still can get a lot of learning done while I'm out there.
Thanks for reading and I'm looking forward to updating this thread as I progress.
My name is Jerrad and I'm an online professional poker player living right outside of NYC. A little about me, I am a 25 year old college graduate who lives with his girlfriend and pup. I graduated in college in 2011 and coming out was unsure of what I wanted to do professionally. However, I was sure that I didn't want to work up the corporate ladder ; freedom has always been my passion with money a distant 2nd.
Enter Poker.
Gambling has always been around my life coming from a big irish family. Yet, I never played Poker til my Senior year of college, where I dabbled making enough to buy a case of beer every weekend.
After Graduating, I took a Sales Job that I hated to get off my feet. It was awful as I'd come home every day miserable. At this point of time, I started to fall in love with the game of poker. I knew I wanted to give it a shot. So for 4 months straight, I got up at 7 AM for work, got home at 6 PM and then just studied/played poker until I had $10k to my name to give being a pro a shot.
That was about 2.5 years ago. Today, I am a successful Poker Pro playing Mid/High Stakes Poker while also coaching students from around the world.
THE REASON FOR THIS THREAD:
While I've had success in Poker and feel very lucky that I get to do something I love every day. I have a few pitfalls.
1.) I'm not financially literate, I have good spending habits, but as far as making my money work for me and growing what I have, I could not be more clueless.
2.) There is a cap to Poker. Even the best players in the world find it difficult to make over $1million dollars per year
3.) I'm in the biggest losing streaks of my career so motivating myself with something outside of poker might help
4.) I have no outside revenue streams outside of poker, I want to be making money without using my time
5.) The profitability of Poker is somewhat out of my control (AI, games getting tougher etc.) As MJ states, we always want to be in control
Short Term Goals:
Read 5 books on Financial Literacy
Set up 1 revenue stream by the end of the year
I need your help!
Please give any constructive feedback or concern with anything you read; whether it be a thought process that maybe brought up a red flag or where to start on my journey.
Any books/podcasts that will help me improve in this area? Any recommendations would be greatly appreciated.
I'm heading off to the WSOP in a week but I still can get a lot of learning done while I'm out there.
Thanks for reading and I'm looking forward to updating this thread as I progress.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.