Life Coaching Poker Pot

Before you read this post, please make sure that you’ve read the previous post here!

One night a friend of mine was teaching me how to play poker, just for fun, as I don’t gamble. In the process she was kind enough to reveal to me one of her game weaknesses. She called it the poker pot effect.

If you’re a novice poker player, you might relate to this. It’s when you start betting on a hand that you know have low odds. Then you find yourself raising the bet, bit by bit until you suddenly realise you’ve bet more than you intended! At that point you’re faced with one of two options. You either keep betting and hang on to a very slim chance of winning, or fold to a definite loss.  Neither seems very appealing!

Have you ever felt this way?

Have you ever invested in something you know, deep down inside, will unlikely get you what you want. But for some reason you kept raising your investment, even though you knew your chances to win were very slim. If you’ve done that, you’re not alone. I know I did it. And I know a few others who have.

In a comment on a previous post, my friend Mellissa shared this with us: “I think, after being an accountant for 9 years I am effectively bining a qualification that took me loads of energy to get (3 years bloody hard work) and loads of energy to develop (6 years flogging myself silly). Most of the poeple around me view it as a negative and think that I’m loosing the plot…”

9 years is a BIG investment in the poker pot! Recently I’ve been faced with a similar situation. And I’d like to share with you what I did to help me decide on whether to raise my bets or fold.

I can tell you about the life coaching processes and NLP training techniques that I used to help me decide but before I do let me say this…

You ALREADY know what needs to be done

And if you already know, stop reading and just go and do it! Otherwise, you’re just putting more money in the poker pot when you know you’re about to lose it all.

If you really don’t know, here’s something I did that helped me decide and hopefully it’ll help you too:

1-      Write down where you want to be 2, 5, 10, 50 years from now. That’s your ideal outcome.

2-      Write down where you think you’ll be 1, 2, 5, 10 years from now if you continue doing what you’re doing.

3-      Write down the options that are likely to get you where you want the fastest.

4-      Remember, whatever you decide on, it’s critical that it’s an option you’ll LOVE doing.

5-      Start doing it NOW! Don’t delay. Otherwise it can only mean you’re losing more.

By the end of it you’ll have come up with one of two decisions.

You might actually find out that it wasn’t such a bad investment after all. You realise you have a good chance of winning the game and decide to keep playing. Or you wake up and realise you’ve been investing in the wrong game and you decide that NOW is the time to change. It’s time to play a different game. Can you start to feel the exciting anticipation building up knowing you’re about to play a game you sure to very much enjoy and are confident you’ll win!

Until next time,

Tarek

Copyright (c) 2010 www.TarekCoaching.com – Life coach, life coaching, RESULTS Coach, Performance Consultant, Master Practitioner of Neuro Linguistic Programming (NLP), NLP training

Facebook comments:

  1. Imran Yousaf
    Imran Yousaf04-03-2010

    Thought provoking post.

    People tend to commit once they’ve ‘purchased’ an idea.

    A good question for anybody would be:

    ‘What idea have I purchased and where can it take me?’

    • Tarek
      Tarek04-03-2010

      Very good point Imran. Purchasing an idea makes people highly committed to it even if sometimes that’s not what they want. Thanks for the tip 🙂

  2. Simon
    Simon04-08-2010

    nice post, subscribed your rss feed. Thanks as I’m reading articles on poker

    • Tarek
      Tarek04-09-2010

      Glad you like it Simon. Although my blog isn’t really about gambling 🙂

  3. Dino Hachey
    Dino Hachey06-10-2010

    This entry was a great read! I couldn’t have explained the topic better myself.

  4. Josef Mentony
    Josef Mentony06-14-2010

    Its good to see you always update your blog, love to read new post, just keep updating..

  5. Verline Strycker
    Verline Strycker06-18-2010

    Heya¡­my very first comment on your site. ,I have been reading your blog for a while and thought I would completely pop in and drop a friendly note. . It is great stuff indeed.

  6. totomix
    totomix06-20-2010

    You post great articles. Bookmarked !

  7. Toni Ansell
    Toni Ansell06-21-2010

    Thanks for the blog post.Really thank you! Want more.

    • Tarek
      Tarek06-28-2010

      You’re very welcome! There will definitely be more to come 🙂

  8. Nelson Fader
    Nelson Fader06-23-2010

    Hi there I simply wanted to swing by and say cheers for the insight in this article. I somehow found myself here after reading through up on a lot of celebrity fitness stuff over on Yahoo… guess I got kinda distracted! Nevertheless I’ll be back again in the future to look at your posts down the road. Seeya!

    • Tarek
      Tarek06-28-2010

      I’m glad you got distracted 😀 Will be looking for your future comments

  9. Marlana Pomainville
    Marlana Pomainville07-15-2010

    Excellent contenu. Merci de poster.

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