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?
We must remember that we are gambling with uncertainty in a casino. In contrast, when running a business, you expect a profit based on a feasibility study and your knowledge of the industry, which eliminates the element of uncertainty.
You can be lucky in gambling, but when it comes to running a business, luck is not a significant factor; your knowledge and expertise are.
Gambling and business are very different, even though both involve taking risks.
In gambling, you mostly depend on luck. You might win today and lose everything tomorrow. You have no real control over the outcome.
But in business, you make plans, study the market, calculate your costs, and try to reduce risk. You use knowledge and experience, not luck. Even though there's still risk, you can manage it better.
Now, it's possible that someone who has gambled a lot learns how to handle pressure or make quick decisions, and that might help a little in business. But to truly succeed in business, you need skills, discipline, and a good strategy not just luck.