Tuesday, October 17, 2006

Poker Game of Life

I have just realized that business is a lot like poker.
Due to recent laws, I feel I must add this disclaimer: I do not mean to justify the legality or morality of gambling through this statement. I'm using it purely as a metaphor.

Both are about strategy. Luck helps or hurts occasionally, but generally a smart businessman can play anything.
In poker, as with the business world, you must know exactly what offer you can make that others will accept (or fall for), and you must be able to sell this offer, make it believable.
The major similarity comes in the number one rule: Know the opportune time to get out!

I have recently gotten accidentally put into a position of great decision and power, with the ability to make demands. If I had done this purposefully, I would be a great businesswoman. I already know I'm a good poker player (with almost any game except Texas Hold 'Em, which I cannot stand. And I know better than to try my luck in Vegas), but I have much to learn in both sides of the metaphor.
There is one caveat, however, and it is: In the business world, you can't burn bridges, but somehow people will keep coming back to lose everything in gambling. I guess gamblers are forgiving people.
As with all of my poker games, I will quit while I'm ahead...