Six Essential Life & Business Lessons Poker Can Teach You

These important ways in which poker mirrors life and startup business were identified by technologist, venture capitalist and amateur poker player @Chamath Palihapitiya. He recently talked to the Business Insider about the Silicon Valley high-stakes home games he has been hosting for years (with Silicon Valley notables and @Phil Hellmuth among the regulars) and the lessons to be gained from the game.

“It’s really not about trying to make money - it’s about ‘Can you beat this guy?' Poker’s just a fascinating game of skill that’s exceptionally difficult to master. It really helps you disambiguate a lot of skills.”

Here a some of the most important lessons that poker helps us learn and master, as highlighted by Chamath Palihapitiya:

1. Overcoming adversity

2. Learning from mistakes

3. Knowing how to fake it

4. Being a 'good loser'

5. Getting a better read of people

6. Making quick decisions and taking risks

Full article on www.businessinsider.com

More about Chamath Palihapitiya on Wikipedia and on RankingHero