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Money & Finance Motivation

Title: 5 Reasons Why Entrepreneurs like To Take a Gamble on Business

If you walked the casinos of Vegas and asked the people gambling what do they do for a living, a lot of them would tell you that they are entrepreneurs. And most of them would be telling you the truth.

Gambling at a casino is completely different from taking a gamble on business though. So why do entrepreneurs like to take a gamble on business so much?

They don’t think of it as a gamble

Many entrepreneurs will tell you that they have never taken a gamble on business. They will be speaking and not speaking the truth at the same time. They don’t see it as gambling. They see it as a calculated risk. Sometimes the gambles really are calculated risks but more often than not they are not. Playing Multilotto.com/ca is far less of a gamble than playing with fire concerning you’re entire business.

They will tell you a lot about spreadsheets and the movements of the market and about how they spent an absurd amount of time taking all the factors into consideration. The funny part is that even when all that prep work tells them not to do it, they still go for it on the off chance it might work.

They trust their gut feeling

It’s as simple as that. A lot of entrepreneurs would not be where they are today if not for that gut feeling they have; that 6th sense that guided them to the top of the business food chain. It takes a lot to succeed in building your own business.

No matter how many times it had failed them, they still cling to the memories of it putting them ahead and they can’t help but go with it. It is not only in business that they trust their gut. They make most of everyday decisions based on it.

It’s a part of their personality

Think about it. How many times have you met somebody who is an absolute genius but is still stuck at the same position he was at years ago. He or she might be brilliant, an expert, full of creative ideas but the thing is, they are still there because it is not in their nature to take risks.

Entrepreneurs are the exact opposite of that. They are born gamblers and risk takers. Chances are they have failed a thousand times before they succeeded once. It is in entrepreneurs’ nature to like to take a gamble on business.

They enjoy doing it

The world of entrepreneurs is a highly competitive one and there is a simple explanation why that is the case. They are competitive by nature and they enjoy it. They enjoy being better than the competition and they enjoy nothing more than having a huge gamble pay off.

When they win a business gamble, they are a step ahead of everybody else because luck is not a variable in opposition research.

They are addicted to it

Just as the gamblers at the Vegas casinos need to play one more hand so do the entrepreneurs need to take one more gamble on their business. Entrepreneurs trust their gut and take chances. They are successfully at what they do after all. How could one make an empire and be an addicted gambler at the same time?

This is possible because the ones that you know of are the lucky ones. The ones that have won more gambles than they have lost. Ask yourself how many of them have lost all the gambles that they had in them and have been swallowed by it their addiction?


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The Phat Startup was created by Mike McOwen to create a space where entrepreneur lifestyle could be focused on. We tend to live a different lifestyle than most. Entrepreneurs tend to be interested in maximizing their life, not only their profit.

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PhatStartupsMike McOwen@PhatStartups·
29 Dec 2017

Why is content marketing so important? Find out here: http://thephatstartup.com/money-finance/why-your-business-needs-a-content-marketing-strategy-in-2018/

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Wow, interesting

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Millennial men are more likely than women to default on student debt http://on.forbes.com/60148NudC

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