Success in poker is the tip of the iceberg

Hello Paul here again,

 

In Chinese culture we talk a lot about luck. Much more than in the West. Objects. Dates. Actions. Behaviors. Numbers. Even buildings! They can be lucky or unlucky. It’s a big part of our lives. And for an Asian poker player you can imagine that the way the numbers and suits fall on the table is something I think about a lot. Is it luck?! Maybe!

 

But success isn’t the same as luck. You can make a good job of bad cards. And a bad job of good ones. My website is full of advice on how you can make a silk purse out of a sow’s ear, a phrase my English born teachers taught me back at school in Malaysia when I was young. 

 

So through poker – and my wider business life in fact – I know that success doesn’t just come just from being lucky. Far from it. I wrote recently about the reasons I thought had been successful at Poker. But that got me thinking about a wider question. What makes a person successful in life? (I have been in a philosophical mood recently, maybe it’s because I am getting older!). 

 

And then I came across a cartoon while I was looking on the internet. Or one of my friends sent it to me I can’t remember. It was called the Iceberg Illusion. We don’t get many icebergs in Malaysia! But it still made a big impression on me and I understood well the point it was making. 

Iceberg of success by Sylvia Duckworth
Cartoon by Sylvia Duckworth ©

Success is something that is easy to identify. When a runner wins gold in the 100 meter race at the Olympics. When you get top marks in an exam at school so you can go to university. But the reasons for that success, how it was won, are often hidden from us. That’s what the cartoon shows very well. 

 

Persistence. Failure. Sacrifice. Disappointment. Good habits. Hard work. Dedication. 

 

Some of the best poker players I know have experienced or do on a regular basis all of those things. 

 

Persistence. When they were young they kept joining games even if first they got beat. They would work out why they had lost, learned from their mistakes, got better so they stopped losing so much. But that first knock, or second, or third, didn’t put them on the floor or make them walk away. It only made them want to do better next time. Which they did. Persistence is key.

 

Failure. A lot of good players have been brave enough to ask other players for advice when a hand didn’t go so well. They learn from failure and don’t get beaten by it. This is something I have found very important myself. 

 

Sacrifice. I have been lucky in life. That I fully accept. But I know that if you want to get good at something, anything, you have to really work at it. Cards, math, running, whatever. There are no shortcuts. Rarely do you see a purely natural talent. Lots of the best players I know, and the most successful businesspeople too, have dedicated so much time to learning that they have had to say no to other things. A night out. A holiday. It’s the price you have to pay to be really successful. 

 

Hard work. If you want to know what the outcomes of a hand could be when you are chasing a flush with a suited pair on a wet board it helps to have played that hand thousands of times. You learn the patterns. It becomes a natural part of you. Hard work brings experience. Which brings, often, success. 

 

Dedication. When I started out in Texas Holdem I played very long games. These were often 24 hour games, even longer sometimes, with no break. I liked them because I found I could concentrate for longer than my opponents. They would have a good 23 and a half hours, but dropped their concentration for half an hour. In that short half hour period they might make some bad decisions, some bad bets, and that allowed me very often to win the pot. Now I am not saying that you should all play 24 hour games. They are not for everyone! But if you are dedicated, concentrated and stick to your task, you can often come out on top. 

 

Good habits. The guy who won the Aussie Millions in January, who had never played in a cash tournament before, was drinking orange juice throughout the tournament. No whisky for him! More and more players nowadays don’t drink alcohol at the table. In fact don’t really drink at all. They are so dedicated and want to win so much they won’t put themselves at a disadvantage. Especially the young players which is interesting. You might think they would live fast and play fast at the table. But no. They are serious now! I said above that when I started out in Texas Holdem I played very long games. This wasn’t by accident. I would work on my concentration. My mental strength. And also my fitness. I used to go swimming during tournaments and long poker sessions. It would help a lot. I was fit and it helped me gain an advantage over people who weren’t in such good shape. It’s harder when you get older but I still try to get the right amount of sleep and stay trim. Good habits are important for success. 

 

So thank you Sylvia Duckworth for this good cartoon. I think there is a lot of wisdom in the iceberg.