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DarrenDaily On-Demand

Tips and Tricks to Win at the Game of Life

DarrenDaily On-Demand

Darren Hardy LLC

Careers, Entrepreneurship, Business

4.91.8K Ratings

🗓️ 25 July 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Are you playing the game of life and business with the right strategy? A strategy that can overcome the odds and give you the edge for winning? Join Darren as he reveals the wisdom of Fossilman, a legend on the poker circuit, and how his words on luck and skill can be applied to the game of life and business.

Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

Transcript

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0:00.0

Welcome to Daring Daily On Demand, your most trusted resource to help you become better

0:06.3

every day.

0:07.3

Here's your success mentor, Daring Hardy.

0:10.3

Good morning, so I read a piece recently about Greg Raymer, known on the poker circuit

0:18.0

as Fossilman, apparently his hobby is collecting fossils, hence the nickname.

0:23.3

He's the guy who wears the holographic reptilian eyes when he plays.

0:28.1

Anyway, to those who play poker, he is, I guess, sort of a legend.

0:31.8

He overcame a then-record field of over 2,500 players to win the 2004 World Series of

0:37.2

Poker main event and a $5 million prize.

0:40.7

The interviewer asked how he could increase his odds to win a game when there are so many

0:45.3

factors that are not in the player's control.

0:48.4

Is it skill, or is it just plain luck, or what's the proportion between the two?

0:54.2

Fossilman's answer was not only wise for winning the game of poker, but also wise for

0:59.4

winning the game of life and business.

1:01.8

He said, a lot of people don't think about luck and skill properly.

1:04.8

Most people, he explained, think of luck and skill in any particular endeavor as a zero

1:09.0

sum continuum, a straight line that puts luck on one end and skill on the other.

1:14.3

That would mean that if you said that an outcome is determined by 40% luck, it must

1:18.3

be 60% skill then.

1:20.3

Or if it's 90% luck, then the outcome must rely only on 10% skill.

1:24.8

But luck and skill, the Fossilman insisted, are not on the same access at all, and that

1:30.8

makes all the difference.

...

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