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7 Ways Thinking Like a Poker Player Will Boost Your Career

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7 Ways Thinking Like a Poker Player Will Boost Your Career

Top poker players don’t usually wait for good things to come their way. They go out and make them happen. To be a winning player, you need to master skill, strategy and psychology. It’s not all about a well-timed gamble.

What does this have to do with you and your job? Research on successful players carried out by PokerStars shows that approaching the game in the right way is what separates poker stars from poker suckers. And these same traits can separate workplace high-flyers from, well, everyone else.

So start thinking like a top poker pro, and treat your career like a game – one that you intend to win.

1. Learn from your mistakes

Everyone makes mistakes at work. Every day. Even you. But what are you going to do about it?

In poker, a player that doesn’t learn from their mistakes is a losing player.

“The best players are able to learn from their own mistakes,” says poker superstar Gus Hansen. “This is what makes them the best.”

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So follow Gus’s advice and identify where you’re dropping the ball. Don’t deny error. Embrace it. Every time you learn from a mistake and improve your skills, you make yourself a stronger candidate for promotion.

2. Stay disciplined

Losing focus and self-discipline at work is the easiest thing in the world. Everyone gets complacent. We all lapse into bad habits.

But poker player Freddie Gasperian says, “To master poker and make it profitable, you must first master patience and discipline, as lack of either is a sure disaster.”

Freddie’s advice is clear – don’t switch off, don’t let your concentration lapse. The margins between winning and losing can be fine in any game – and a lack of discipline can be disastrous.So stay sharp. Be disciplined about maintaining a routine that’s conducive to good work. Focus on forming good habits – get enough sleep, stay hydrated and maintain a calm, organized working environment.

3. Keep a level head

In poker, losing your temper is worse than losing your concentration. Lack of focus can make you sloppy, sure. But losing your cool can lead to spectacularly erratic, reckless and ruinous play. (Poker players call this going ‘on tilt’.)

Poker player William J. Florence sums it up nicely: “Never to lose your temper, either with those you are playing with or with the cards.” This is a sentiment echoed by many players. “The cardinal sin in poker,” says Katy Lederer, “is becoming emotionally involved.”

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So poker isn’t a game for hot heads. It takes cool thinking to reach the top of the game. Heed this advice. Stay level-headed about workplace frustrations and setbacks. Don’t go on tilt when things don’t run for you…

4. Believe in yourself – a lot

Question: do the best people always get promoted?

No. They do not.

Often people go farther in their careers because they have confidence. They simply believe they’re the best.

Self-styled poker brat Phil Hellmuth once said, “If there weren’t luck involved, I would win every time.”

We know this can’t be true. But if Phil Hellmuth knows if he says it with enough confidence, his opponents might believe it. He might believe it. And that plays in his favour. Obviously, you don’t want to turn into an arrogant douchebag at work. But in a lot of industries, confidence is king. And if you’re not naturally a big believer in yourself? Hey, fake it until you make it.

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5. Make winning decisions, not lucky decisions

Just as a broken clock tells the right time twice a day, decisions at work don’t always have to be good to, well, work.

Sometimes you get lucky at your job. That’s great. But hot streaks don’t last. To be successful in any workplace role, you should start thinking about success like a poker player. Poker players think about winning decisions, not just winning money. Making good decisions leads to something called positive expected value.

This basically means that by making objectively good decisions – rather than decisions that turn out good – you’ll be a winner in the long term. Start to think about the expected value of your decisions at work – are they positive or negative? Can you justify that you’re making a good call, or are you just hoping to get lucky?

6. Get inside your opponent’s head

Sometimes you’re not the only candidate up for a job or promotion. Sometimes, you have an opponent. If you’re in the same workspace, they might be a direct competitor you see every day.

So what can you do to maintain an edge over them? Gus Hansen says, “An essential element in playing winning poker is to force your opponents to make difficult decisions.”

Basically, he’s saying ‘don’t make it easy for your rivals’. Play hard. Play fair. But make them doubt themselves. Make them wonder about what you’re doing that works so well. Great poker players have a way of getting inside their opponent’s heads. This leads to hesitation, and second-guessing. If you can replicate a little of this psychological gameplay at work, you’ve won half the battle already.

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7. Decide when to gamble

Climbing the career ladder isn’t all about skill-mastering, self-confidence and cold-blooded concentration. Sometimes, you have to take a punt – and gamble on yourself. But everyone knows that bets don’t always come off. So what’s the difference between a good bet and a bad bet?

For poker players, betting is all based around odds.

“Odds calculation does not necessarily turn you into a winning poker player,” says A.D. Livingston. “But if you ignore the odds for too long, you are bound to be a loser.”

Odds are all around us at work, too. What’s the cost-to-benefit ration of going for a new role? Asking for a pay rise? When you calculate that the odds of a promotion-yielding move are favorable, be prepared to bet on it.

And bet big.

Featured photo credit: maorix via flickr.com

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Last Updated on August 25, 2021

Why Personal Branding Is Important to Your Career

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Why Personal Branding Is Important to Your Career

As a recruiter, I have met and interviewed hundreds of candidates who have no idea who they are.

Without a personal brand, candidates struggle to answer the question: “tell me about yourself—who are you?” They have no idea about who they are, what their strengths are, and how they can add value to the company. They present their CV’s believing that their CV is the key to their career success. In some ways, your CV still has its use. However, in today’s job market, you need more than a CV to stand out in a crowd.

According to Celinne Da Costa:[1]

“Personal brand is essentially your golden ticket to networking with the right people, getting hired for a dream job, or building an influential business.” She believes that “a strong personal brand allows you to stand out in an oversaturated marketplace by exposing desired audiences to your vision, skillset, and personality in a way that is strategically aligned with your career goals.”

A personal brand opens up your world to so many more career opportunities that you would never have been exposed to with just your CV.

What Is Your Personal Brand?

“Personal branding is how you distinctively market your uniqueness.” —Bernard Kelvin Clive

Today, the job market is very competitive and tough. Having a great CV will only let you go so far because everyone has a CV, but no one else has your distinct personal brand! It is your personal brand that differentiates you from everyone else and that is what people buy—you.

Your personal brand is your mark on the world. It is how people you interact with and the world see you. It is your legacy—it is more important than a business brand because your personal brand lasts forever.

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I have coached people who have very successful careers, and they come to me because they have suddenly found that they are not getting the opportunities or having the conversations that would them to their next role. They are having what I call a “career meltdown,” all because they have no personal brand.

A personal brand helps you become conscious of your differences and your uniqueness. It allows you to position yourself in a way that makes you stand out from the pack, especially among other potential job applicants.

Don’t get me wrong, having a great CV and a great LinkedIn profile is important. However, there are a few steps that you have to take to have a CV and LinkedIn profile that is aligned to who you are, the value you offer to the market, and the personal guarantee that you deliver results.

Building your personal brand is about strategically, creatively, and professionally presenting what makes you, you. Knowing who you are and the value you bring to the table enables you to be more informed, agile, and adaptable to the changing dynamic world of work. This is how you can avoid having a series of career meltdowns.

Your Personal Brand Is Essential for Your Career Success

In her article, Why Personal Branding Is More Important Than Ever, Caroline Castrillon outlines key reasons why a personal brand is essential for career success.

According to Castrillon,[2]

“One reason is that it is more popular for recruiters to use social media during the interview process. According to a 2018 CareerBuilder survey, 70% of employers use social media to screen candidates during the hiring process, and 43% of employers use social media to check on current employees.”

The first thing I do as a recruiter when I want to check out a candidate or coaching client is to look them up on LinkedIn or other social media platforms, such as Facebook, Instagram, and Twitter. Your digital footprint is the window that highlights to the world who you are. When you have no control over how you want to be seen, you are making a big mistake because you are leaving it up to someone else to make a judgment for you as to who you are.

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As Jeff Bezos, the founder of Amazon, once said, “Your brand is what people say about you when you are not in the room.”

In her book, Becoming, Michelle Obama writes about the importance of having a personal brand and her journey to defining her personal brand. She wrote that:

“if you don’t get out there and define yourself, you’ll be quickly and inaccurately defined by others.”

When you have a personal brand, you are in control. You know exactly what people will say about you when you leave the room.

The magic of a personal brand is that gives you control over how you want to be seen in the world. Your confidence and self-belief enable you to leverage opportunities and make informed decisions about your career and your future. You no longer experience the frustrations of a career meltdown or being at a crossroads not knowing what to do next with your career or your life. With a personal brand, you have focus, clarity, and a strategy to move forward toward future success.

Creating your personal brand does not happen overnight. It takes a lot of work and self-reflection. You will be expected to step outside of your comfort zone not once, but many times.

The good news is that the more time you spend outside of your comfort zone, the more you will like being there. Being outside of your comfort zone is where you can test the viability of and fine-tune your personal brand.

5 Key Steps to Creating Your Personal Brand

These five steps will help you create a personal brand that will deliver you the results you desire with your career and in life.

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1. Set Your Personal Goals

What is it that you want to do in the next five years? What will your future self be doing in the next five to ten years? What is important to you? If you can answer these questions, then you are on the right path. If not, then you have to start thinking about them.

2. Create Your Unique Value Proposition

Create your unique value proposition by asking yourself these four questions:

  1. What are your personality features? What benefit do you offer people?
  2. Who are you and why do people enjoy working with you?
  3. What do you do and what do people want you to do for them? How do you solve their problems?
  4. What makes you different from others like you?

The answers to these questions will give you the information you need to create your professional story, which is the key step to creating your personal brand.

3. Write Your Professional Story

Knowing who you are, what you want, and the unique value you offer is essential to you creating your professional story. People remember stories. Your personal story incorporates your value proposition and tells people who you are and what makes you unique. This is what people will remember about you.

4. Determine Which Platforms Will Support Your Personal Brand

Decide which social media accounts and online platforms will best represent your brand and allow you to share your voice. In a professional capacity, having a LinkedIn profile and a CV that reflects your brand is key to your positioning in relation to role opportunities. People will be connecting with you because they will like the story you are telling.

5. Become Recognized for Sharing Your Knowledge and Expertise

A great way for you to promote yourself is by sharing knowledge and helping others. This is where you prove you know your stuff and you gain exposure for doing so. You can do this through social media, writing, commenting, video, joining professional groups, networking, etc. Find your own style and uniqueness and use it to attract clients, the opportunities, or the jobs you desire.

The importance of having a personal brand is not going to go away. In fact, it is the only way where you can stand out and be unique in a complex changing world of work. If you don’t have a personal brand, someone will do it for you. If you let this happen, you have no control and you may not like the story they create.

Standing out from others takes time and investment. Most people cannot make the change by themselves, and this is where engaging a personal brand coach is a viable option to consider.

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As a personal brand coach, working with my clients to create their personal brand is my passion. I love the fact that we can work together to create a personal story that defines exactly what people will say when you leave the room.

Other People’s Stories

Listening to other people’s stories is a great way to learn. In his article, 7 TED Talks About Personal Branding, Rafael Dos Santos presents the best Ted Talks where speakers share their stories about the “why,” “what,” and “how” of personal branding.((GuidedPR: 7 TED Talks About Personal Branding))

Take some time out to listen to these speakers sharing their stories and thoughts about personal branding. You will definitely learn so much about how you can start your journey of defining yourself and taking control of your professional and personal life.

Your personal brand, without a doubt, is your secret weapon to your career success. As Michelle Obama said,

“your story is what you have, what you will always have. It is something to own.”

So, go own your story. Go on the journey to create your personal brand that defines who you are, highlights your uniqueness, and the value you offer to the world.

Featured photo credit: Austin Distel via unsplash.com

Reference

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