Being a gambler could actually help you succeed in running a business…

[Dunamisx]

The beauty in gambling is about what people do and how they were able to reason along being a gambler, apply the necessary focus and logical reasoning toward having more fun in gambling, than when we choose not to learn from what we should do right and apply same to other areas of our life, if we can be good in our gambling habits with everything done in moderacy, then we should be able to use the same ideas and initiative to run a successful business.

[Jaycoinz]

A gambler and a business man thinks differently, a gambler thinks about only making money for present needs but someone that's business oriented thinks about the future because he's more of an investor. Someone that's a gambler might end up ruining a business if he continues to think like a gambler. Running a business takes a lot of self control, sacrifices and discipline, this is something majority of gamblers don't have

[bhadz]

I was just thinking about this because gambling is all about taking risks, where nothing is guaranteed and we don’t even know if we’ll win. so in a way, gamblers are natural risk-takers, and when someone starts a business, they also need that mindset which is taking calculated risks, making bold decisions, and having the guts to push through uncertainty.

So I’m curious, do we have any successful business owners here who could say that their experience as a gambler somehow helped them succeed in business?

I can't described if I am a successful one but having some business on a side is hectic and being in gambling as well, I think that taking risk became easy and essential. That's one of the characters that me as a gambler have adopted. Other than that, maybe also managing in finances but I don't know if that will work for the majority of the gamblers because as we know, not everyone is good in handling their finances and can't even follow the actual budget for the bankroll that they have assigned for.

[promise444c5]

The risk involved in both sides could be  kinda different, still there are dumb risk h generally for both sides..
The difference is just that risk taking in business is normally tied to plan or strategy that could eventually work out and succeed..
Besides all hope of risk taking in business is always expected to yield a possible profit or return , which is somehow different from  risk taking in gambling as it mostly based on chance, return aren’t usually expected like that of business..they are subject to luck rather than strategy so there’re lots of difference when considering risk on both sides .

[Agbamoni]

The money used in starting a business, at all times is bigger that the money used for gambling. However, high roller gamblers are exceptional, since they gamble with very huge amount. That being said, both of them involve taking risk one way or another. Gambling is based on luck and opportunity. While business, on the other hand, requires more. It involves proper planning, research, suitable environment, and decision making. So yeah, in as much as having emotional control is important in both gambling and business, if other factors are no associated to them, they won’t get you far.

[Joy_learns_crypto]

What type of gambler you are also will determine if you will be successful at running a business. There are gamblers without discipline and if they carry that attitude into any business they will just be taking crazy risk without having any reasonable disciple to handle their business.
Running a business has nothing to do with you being a gambler, gambling does make you who you are because you are what you make your gambling activities to be.

[Cityhunter34]

Honestly speaking, am not the type of gamblers that normally take risk to become rich quick through gambling. Because I normally gamble fun and entertainment with only the amount that I can easily afford to lose because it is always a base luck game.

Obviously business is quite sating, so it is wot taking a big risk to achieve success in the future. However, is pretty obvious that gambling risk are not guarantee, while business risk is guaranteed to get you something at the end of the day. So both are quite different in times of risks taking.

[justinlamode]

You have to be very careful of the type of business you are doing before you can approach it the way you approach gambling. If your business is capital intensive like export and import or any other business that require huge capital, just remove gambling mindset from the equation because you cannot do such business with what you can afford to lose unlike gambling that you do with what you can afford to lose.  It is not wise to approach business with gambling mindset because of what you stand to lose should anything go wrong.

[mcdouglasx]

I wouldn't compare business with gambling; they're completely different things. Although both involve making decisions that involve risk. In business, you have a high percentage of things turning out well if you know and study what you're doing well. With gambling, however, the odds decrease drastically, and there's a higher percentage of luck.

My advice is to view gambling as a way to have fun, not as a source of income. You'll enjoy it more when you win or lose. Business decisions should be evaluated very differently than choosing a bet.

[Tmoonz]

The beauty in gambling is about what people do and how they were able to reason along being a gambler, apply the necessary focus and logical reasoning toward having more fun in gambling, than when we choose not to learn from what we should do right and apply same to other areas of our life, if we can be good in our gambling habits with everything done in moderacy, then we should be able to use the same ideas and initiative to run a successful business.

Similar thread has been discussed here in this gambling board before if am not mistaken and honestly I don't think life happens in the such manner, although people tend to actually show the kind of person they are doing one thing or the other but this works differently in different persons someone can be well disciplined in his or her business and of course doing very well but whenever they get to gambling they lost that charisma of obtaining that discipline where they can even run at lost without control and still went back to their business rightfully.

[Cryptoprincess101]

I was just thinking about this because gambling is all about taking risks, where nothing is guaranteed and we don’t even know if we’ll win. so in a way, gamblers are natural risk-takers, and when someone starts a business, they also need that mindset which is taking calculated risks, making bold decisions, and having the guts to push through uncertainty.

Gambling and business aren't same thing, and the risks surely differs as well. I don't even see gambling as a risk because you are staking with an amount you can afford to lose such that if you actually end up losing the money it won't bother you like someone who established a business after making some calculated risks of how to run the business and make some profits but end up running into losses. If a business is not going well, the owner will surely become emotional especially if he depends on that business for daily needs. A business is being started with a capital which the owner does not intend to lose his capital unlike gambling that we play with an amount we can do away with. A business is profit guaranteed and the risks is minimal depending on the kind of business you are doing.

[goldkingcoiner]

I was just thinking about this because gambling is all about taking risks, where nothing is guaranteed and we don’t even know if we’ll win. so in a way, gamblers are natural risk-takers, and when someone starts a business, they also need that mindset which is taking calculated risks, making bold decisions, and having the guts to push through uncertainty.

So I’m curious, do we have any successful business owners here who could say that their experience as a gambler somehow helped them succeed in business?

Gambling will definitely harden you up to failures and financial loss. Although I am not 100% sure that is a good thing or not. I also think experienced gamblers also will be less likely to miss hard to see risks or make emotional decisions in the heat of the moment. Especially when talking with investors who count on newbie business owners making emotional mistakes in order to exploit their insecurity and inexperience.

But it really depends on the person. A gambling addict who loses all his money and does not have any kind of self-control or self-discipline will not become a good business owner. They will probably fail the business.

[Josefjix]

Taking risk in gambling isn't an option for me to do at all as I see a major loss in money doing that, and I wouldn't advise anyone to take risk in gambling or take risk in business they had no idea about. I've seen many investors spending lot of money in business that failed after some months because they do not know how the business works or understand it properly.

[Chilwell]

We cannot conclude that a gambler could help succeed in running a business. If we take this fact into account, some businessmen will start to gamble just to gain experience and learn how to run a business. Running a business involves calculated risks, unlike gambling, where profits are not guaranteed.

If you want to run a successful business, then take a course on business administration or commerce; gambling has nothing to do with running a business, and these are two different things.

If gambling can't be illustrate as a source of income, why will gambling fuels your success in gambling. I will just assume/imagine that the Op is speaking in an ironic way. If a businessman is a gambler it can cause the downfall of the business, and the surviving chance of the business will be  very low.

When a business is collide with gambling, the businessman will have the opportunity to use the profits to gamble, which may not end well if care is not taken, seriously. Most especially if the person is a irresponsible gambler. How will this kind of attitude bring any growth and development to the business.

[Odusko]

The beauty in gambling is about what people do and how they were able to reason along being a gambler, apply the necessary focus and logical reasoning toward having more fun in gambling, than when we choose not to learn from what we should do right and apply same to other areas of our life, if we can be good in our gambling habits with everything done in moderacy, then we should be able to use the same ideas and initiative to run a successful business.

There are some unseen advantages as much h as disadvantages of gambling to an individual and for that we have to come to a point where we can point to one aspect that gambling have actually helped us to scale through to success within the Time we have being gambling, no doubt the individual habits plays a significant role, but not as much as it can be for measuring the depth of risks taking that a gambler have build over the years.

[Mahanton]

We cannot conclude that a gambler could help succeed in running a business. If we take this fact into account, some businessmen will start to gamble just to gain experience and learn how to run a business. Running a business involves calculated risks, unlike gambling, where profits are not guaranteed.

If you want to run a successful business, then take a course on business administration or commerce; gambling has nothing to do with running a business, and these are two different things.

If gambling can't be illustrate as a source of income, why will gambling fuels your success in gambling. I will just assume/imagine that the Op is speaking in an ironic way. If a businessman is a gambler it can cause the downfall of the business, and the surviving chance of the business will be  very low.

When a business is collide with gambling, the businessman will have the opportunity to use the profits to gamble, which may not end well if care is not taken, seriously. Most especially if the person is a irresponsible gambler. How will this kind of attitude bring any growth and development to the business.

Having gambling approach on running up a business is a NO-go for me. Lets say that you are a gambler and having those kind of gambler approach and applying out to business, yes some of those behavior or qualities might that beneficial but because you've been that a risks taker and you've been having that kind of experience then you do know on how to balance things. Whats the only issue on here is that whenever you dont able to hit up your expectations or numbers then this is where that kind of decision making that might happen on which it will be that showing up that real gambler kind of approach towards the business on which it will be that not recommended or suggested. If you are a businessman, then as much as possible on which you would be needing to avoid on having that gambler like mind kind of approach. Why? You will be that most likely be having that trying out to gamble or making up some excessive decisions just like when you are gambling on which this isnt that good if we do speak about on handling up a business or investment. It might be same as to have some risk but the level of it wont be just that similar. This is why its not recommended that you would be that making yourself having that kind of approach towards it.

[HONDACD125]

I was just thinking about this because gambling is all about taking risks, where nothing is guaranteed and we don’t even know if we’ll win. so in a way, gamblers are natural risk-takers, and when someone starts a business, they also need that mindset which is taking calculated risks, making bold decisions, and having the guts to push through uncertainty.

So I’m curious, do we have any successful business owners here who could say that their experience as a gambler somehow helped them succeed in business?

I think it depends on a person's nature more than what they do in this case. Someone with a patient and disciplined nature will be a responsible gambler and the same thing will be seen when he runs a business, whereas someone with a hasty and impatient nature will be a bad gambler, who will always spend more money than they should on their gambling activities and will be taking unnecessary risks, and if such a person runs a business, he would most probably do the same thing with it, no proper calculations, or thinking about the risks or the consequences before doing something, and the business will most probably fall apart before it even fully stands.

So, it's all about how a person generally is, what their mindset is about things that they do, how good they are with managing their finances and how they manage the risks involved in things they do, whether it's gambling or running a business. Someone with no financial management skills can't be expected to run a business successfully because business is all about management.

[Hatchy]

So I’m curious, do we have any successful business owners here who could say that their experience as a gambler somehow helped them succeed in business?

Do we actually take calculated risk in gambling? Especially casino games? Yes you input the amount you which to risk but your wins are not even guaranteed. I don't see the point of comparing the skills we use in gambling to that of managing a business. They are two different things entirely. As a business owner, you need ever single profits that you can make so that you would be able to sustain your business on a long term. Even the smallest loss would be like an injury on your skin.. gambling on the other hand is all about the loss. You have already decided to take the risk from the start so it doesn't hurt you much.

[avp2306]

So I’m curious, do we have any successful business owners here who could say that their experience as a gambler somehow helped them succeed in business?

Do we actually take calculated risk in gambling? Especially casino games? Yes you input the amount you which to risk but your wins are not even guaranteed. I don't see the point of comparing the skills we use in gambling to that of managing a business. They are two different things entirely. As a business owner, you need ever single profits that you can make so that you would be able to sustain your business on a long term. Even the smallest loss would be like an injury on your skin.. gambling on the other hand is all about the loss. You have already decided to take the risk from the start so it doesn't hurt you much.

Maybe if they set some limits and have intended funds to spend by that they can calculate the risk of what they do on gambling. But winning is not guaranteed. I also don't see the point on how it made them a successful running the business while the fact it can ruin what they built especially if they face addiction.

But if they can build a good connection and found reliable people to do this kind of activity while gambling on land base casino then maybe they can find great deal to help their business succeed.

If people just mean that they can learn good discipline in gambling I guess its different path and there's no assurance that it can help them succeed to run a business.

[uneng]

I don't think being a gambler could help someone to succeed as businessman. It's more about the personal characteristics, traits and personality than being a gambler. If you are a responsible, committed and focused individual, you will do well as businessman, while also doing well in gambling, from the responsability point of view.

Even when being a risk taker, it has to be measured and calculated carefully. Risk takers as we see in gambling are likely to do pretty bad in business, because they will act by impulse without thinking logically and rationally. That is a noxious kind of mindset in every aspects of someone's life. Therefore, it must be avoided and worked to be reversed.