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?
The difference is - the calculated risks. In gambling, if you are into luck-based games, you can't calculate your risk, or just treat that you are on the losing side to be safe. Because luck is a big factor to consider when you gamble. Whereas, in business, you have at least direction that you want to go and you already know where you are heading at.
There may be similarity on taking the risk, however, for me, gambling is more risky than going to a business you are very familiar with. The chance is much better if you have the passion to that particular business or you are very familiar with the different angles you are venturing with.