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Winning Poker Lessons for Life and Business
People often wonder why I like playing poker so much. “You’re a financial coach and you gamble?” they ask incredulously.

Successful Networking Strategies
Ever go to a networking event and don't know how to "break the ice"? Here's practical tips for becoming more confident and comfortable.
Always play the Odds
Goal Achievement is Simple but not Easy. I have observed that most people have no idea how to set a Goal so goal achievement is not possible. The first thing to do is have everything you can control working for you, you will have enough working against you. These are the obvious easy things to do that are often overlooked, yet they make a mountain of difference. And they are the necessary first steps.

The Psychology Of Vending Franchise Businesses
Although it may not seem too applicable, there is an element of psychology involved in figuring out the best way to market a vending machine business. Vending machine owners need to understand the best locations and best products to optimize profits. When everything comes together, a vending machine owner can make upwards of $70/hr, working as many or as few hours as necessary for your machines. Here is an overview of how to optimize a franchise business.
Marketing Your Ideas
Remember, every entrepreneur must do sales and marketing whether they like it or not. Because that’s what brings in customers. And without customers, you don’t have a business—you just have an expensive and time consuming hobby.

Other playing the odds Related Articles

Why Selling Is Like Racquetball
I finally got back into my favorite sport – Racquetball. It’s been nearly four years since I played. When we moved from New Jersey to Las Vegas, there were no clubs nearby for me to join. But they finally opened a brand new health club not far from my home. So I joined and am back to playing my favorite sport 3 times a week. I really didn’t realize how much I missed it till I started playing again. I guess after being away from it for a while gave me a new perspective once I resumed playing again because I was suddenly aware of several interesting analogies between this fast-paced sport and selling. Yes, you heard me. I can see several similarities between playing Racquetball and Selling!
Lesson #5: Do Not Waste Time Marketing Outside Your Target Audience
“If you take four street corners, and on one they are playing baseball, on another they are playing basketball and on the other, street hockey,” says White. “On the fourth corner, a fight breaks out. Where does the crowd go? They all go to the fight.”

Play To Their Strengths
If you’re not getting the best out of your workplaceteam, you may be playing people in the wrong positions. Find out how you can transform your team’s performance by the simple skill of playing to your team’s strengths.
All Opportunities Are Not Created Equal
When reviewing an opportunity, most sales manages will ask about the odds to close. When asked about odds to close, most sales reps have a ready answer. Most often, it's wrong; based on some mystical gut feel, but it sure does makes everyone feel better - like authentic planning, prioritizing and time management actually occurred.

Are You Playing to Win or Playing Not to Lose?
You may have heard the phrase "playing to win or playing not to lose." And while it sounds good to say "you're playing to win" in your business, what exactly does that really mean? Below are some signs that will show you which way you're leaning.
Role Playing - For More Effective Debt Collection
A good analogy to the value of role playing is how they make movies. Typically, the director of a movie shoots far more film than what shows up on the finished movie we see. The rest winds up on the cutting room floor - the "outtakes". Role playing is like the outtakes. You can make the mistakes in collecting where there is no harm done, through role playing. The end result is a professional collector who produces accelerated cash flow.

Entrepreneur's Success Center- Why Businesses Fail
Businesses fail in great numbers. The more recent the start-up date the more the odds of success are against you. The odds of success are slim and you will need to be prepared. In this series of Entrepreneurial insights and helps you will increase your chances of success.
The Best Technique To Train Sales Reps
Here are some of the reasons role-playing really works. First, it puts salespeople in situations they don't face every day, re-familiarizing them with the right methods for handling difficult objections. Role-playing is also good medicine - part of the reason it's successful is precisely because it makes salespeople a little uncomfortable and forces them to stretch themselves. It's also the best way to build empathy for customers - in a typical role-play, one of your salespeople is playing herself, but another is playing a customer, and will likely bring "pretend" challenges to the exercise that replicate the real challenges he's faced in the field. Finally, there is simply no better way to practice the skills of selling, and no professional in any field does her best work without practice....
PLAY TO WIN .. or Play Not To Lose?
Whether as a parent, partner, small business owner or sales manager, we all know that there are two ways to initiate an important (perhaps even challenging) conversation or project. We can play to win - or play not to lose. Playing to win requires some strategy and taking into consideration how the other person(s) will be affected and hopefully benefit. It also commands a sense of purpose, responsibility and a fair bit of effort! Playing not to lose takes just about as much out of you, without the potential \\\\\\\'positives\\\\\\\' that come from playing to win. What are the signs that you have slipped into this mode; perhaps trying \\\\\\\'really hard\\\\\\\', feeling tired, disheartened or discouraged, confused, or unclear?

Does Size Matter when Selling a business? (Size of the business?)
Those are good odds if you are playing the lottery, but when you are trying to maximize profits on one of the biggest investments of your life, these odds could leave you in financial ruin. That is why I want to emphasize a number of items. The reason why the above statistics are currently an industry standard is because the amount of buyers increase with the number of employees, amount of revenue, and the amount of cash-flow (profit) that you have.
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