Running a Business is like Playing Poker

I keep a set of poker chips at my desk. I like to shuffle them while I think about stuff.

I would do the same thing playing poker. Thinking about the cards I’ve been dealt, the bet I want to make, and if I think it will pay off for me.

Playing poker is a lot like running a business. You want to make little bets here and there to see if they pay off.

And you need to make bets. You can’t just keep paying the ante, hoping to win small pots. Eventually, you’ll bleed out.

But you don’t want to go all-in every hand either. You’ll lose everything fast being reckless.

You want to think about your strategy, what you know about the field, and play the cards you’ve been dealt to the best of your ability.