BRX Pro Tip: Think in Bets
Stone Payton: [00:00:00] And we are back with Business RadioX Pro Tips. Lee Kantor and Stone Payton here with you this afternoon. Lee, today’s topic, think in bets.
Lee Kantor: [00:00:10] Yeah. This is based on a book I recently read by Annie Duke, who is a professional poker player. And she recommends thinking probabilistically and don’t think binary. And what that means is that there’s more gray and less black and white.
Lee Kantor: [00:00:30] So, a simple way to do that is when you’re challenging your beliefs, which you should be doing on a regular basis, don’t think in terms of right and wrong or good and evil. Think in terms of percentages, like what percent right is this or what percent wrong is this? So, when you think in those terms and you don’t think in a binary term, you’re going to see a lot more gray in the world, you’re going to see a lot more nuance, and there’s going to be a lot more opportunity when you think this way. And those are going to be a lot more places for people to compromise and to work together when you think in this way.
Lee Kantor: [00:01:09] So, if you can read her book, Thinking in Bets, she talks about this a lot and she talks about other ways that you can leverage kind of her experiences playing professional poker into your personal life and your business life.
