Custom Game Room SetsOffice furnitureHow to OrderWarranty

Can you Learn Business through Poker? Invest in Poker Tables for Sale

Posted by: on December 05, 2014

The room is completely silent. Tensions hangs in the air. The world’s finest businessmen are staring each other down. Carefully calculating risks and opportunities, trying to read the minds of their opponents, and figuring out the best way to maximize their profits.

By this description, you would think that these gentlemen are in a high-rise office conducting a board room meeting or analyzing their stock investments. They’re not. They’re actually sitting around a well-crafted custom poker table, playing for high stakes with their fellow business moguls.

“Business is just like poker” is a popular adage because it’s true. The best businessmen are attracted to this sport (yes, poker is a sport) because playing the game feels just like trying to close a business deal. In an interview with the Business Insider, Chamath Palihapitaya, former Facebook executive and owner of venture capital company Social + Capital, shares that certain elements of poker reflect the experiences of entrepreneurship:

You Play the Hand that You’re Dealt With

Most people think that poker is just a game of chance or luck. To professional poker players and businessmen, it’s not. Even if you were dealt a bad hand, you still have the chance to win the game if you play your cards right. Some businessmen aren’t born in the best circumstances, but they just made the most out of their situation by never letting their background become a hindrance to achieving success.

You Learn How to Read People’s Minds

Predicting your opponent’s next move is crucial, and picking up on telltale gestures and expressions can make or break you. A businessman who’s more attuned to people’s emotions and desires makes a leader that employees, clients, and even competitors can respect and look up to.

This is Risky Business

Poker, as in life, is a game of risk. In a matter of seconds, you need to learn how to assess the situation with very little information. Running a company requires making a multitude of those split-second decisions. You have no idea if you will win big or lose hard, but what matters most is that you learn to develop your intuition for making the right choice.

Jack Ma, an entrepreneur regarded as one of the wealthiest in China, shares why he enjoys poker: “I like to play cards. I'm not very good, because I don't want to calculate, I just play by instinct. But I've learned a lot of business philosophy by playing poker.”

If you also want to become a fully-fledged poker player and invest in the sport, companies like Pharaoh Manufacturing offer a variety of poker tables for sale. Who knows? Maybe you’ll become a better businessman too.

(Source: Why Silicon Valley's Elites Are Obsessed With Poker, November 20, 2014)

site designed by