You Can’t Win With Scared Money

There is an old saying, one that I imagine was coined by some Maverick somewhere in the dusty desert confines of Las Vegas, Nevada.

You Can’t Win With Scared Money

I believe I heard it for the first time in my 20’s when playing blackjack. The cosmic duel in blackjack…to hit, or stay? Double down, or simply take the next card. Those of you “blackjack experts” are probably already screaming at your screen saying it is simply a math problem, which it very much is.

But so is every game in Las Vegas and any casino around the world. How do you think the house gets an advantage?

So what happens when the cards fall in your favor? There is no time to be scared. The point is to act and act with conviction.

You Can’t Win with Scared Money

Now the responsible side of me will also tell you, you can’t eat with reckless money either. Blackjack is a game built on math, but also surrounded by chance. So is life.

The randomness of the next card coming out of a blackjack shoe is similar to what will happen tomorrow. Odds are you may know, but you may also be very surprised.

I could list many times in my life when I’ve tried to win with scared money. I’ve probably “lost” or been dead before I started due to tension, fear, or anxious feelings numerous time. These examples happened in sports growing up and in college, relationships throughout life, business scenarios, presentations and the list goes on.

Fears are educated into us, and can, if we wish, be educated out.

Fear is 100% dependent on state. I just wrote about this in my last post Red State vs. Blue State. Change your state, change your life. If I think about being in a “Blue State” I’m free, I’m quick, witty, ready to ad lib. I’m flowing, loose, and probably most important…confident.

You Can’t Win With Scared Money. I’ll also add,

You can’t be stopped when acting in positive state.

I am only 36, but I’ve already lived through numerous events where it was my turn to act…many times with the cards in my favor. Some I’ve connected on. Some larger than others. Some I let pass right on by…choosing inaction for the fear of action, and what consequences said action may hold.

In every such scenario, hindsight provides certainty and sometimes regret. I hate regret, but it’s a real thing.

ACTION ITEM: Instead of using regret to get demotivated and steal your momentum, try to use it for reflection. Why do you feel the way you do and what about this scenario is likely to happen again? When it does, grab it by the throat with some confidence and really GO FOR IT. What’s the worst that can happen?

 

 

 

 

Red State vs Blue State

Although the title of this post SCREAMS politics, there isn’t a single political position or statement in this post. Exhale. I’m thinking about an entirely different state. The difference in mental states.

Tranquilo

A good friend of mine (a teacher & successful coach) recently gave me the book Legacy, 15 lessons in leadership from arguably the most successful rugby team in history: the New Zealand All Blacks.

Chapter nine of the book is all about PRESSURE —> Keep a blue head. Control your attention.

More specifically, chapter nine outlines the impact state of mind has on championship level talent and competition when pressure sets in. Many championship finishes come down to the final minutes, efforts and decisions of equally matched opponents. The complete, the divide between winners and losers is colossal. So is the separation in mental state.

Red State vs. Blue State

Legacy defines the two mental states:

  • Red State = Tight. Inhibited. Anxious. Pressing. Results Oriented (I found this one perplexing). Aggressive. Desperate.
  • Blue State = Loose. Flowing. Expressive. In the Moment. Calm. Clear. On Task

I can tell you unequivocally when I’ve experienced wins in my life, I’m BLUE State nearly 100% of the time.

I can also tell you when things aren’t running smoothly, or “going my way”, I’m likely in RED state

Legacy goes on to outline the impact of “triggers” and getting back to a Blue State from a Red State. I’ve written about confidence triggers previously on the blog and what I specifically do to get back into rhythm.

What is a trigger? Since it’s Masters weekend, I immediately think of the 12th tee box for Jordan Spieth at Augusta National Golf Club. The 24 year old Masters champion would be a two-time green jacket winner and amongst the history of legends had it not be for one simple 145 yard hole and finding the water (twice) to card a state-altering seven. It cost him the victory.

I estimate he’ll play the Masters at least 25 more years.  He’ll face hole 12, likely 100 more times in competitive rounds. This screams RED state  if there were ever to be one. What a powerful trigger he must face every April in the swirling winds of Augusta National Golf Club.

Would you like more examples? Here are two I’ve read.

Kevin Love’s story of his panic attack earlier this NBA season. Players Tribune article His job is basketball (82 games a year).

Care for another? Do you know TV Anchor Dan Harris? Back in 2004 before a Good Morning America audience of 5 million people, he had an on-air panic attack. Here’s how he deals with it now. Again, this is his JOB!  He must find a way to get out of the red, and back into the blue every day. If you’re looking for a great read, I really recommend Dan’s book 10% Happier: How I Tamed the Voice in My Head, Reduced Stress Without Losing My Edge, and Found Self-Help That Actually Works–A True Story

As I’m reading Legacy laying in my bed, I couldn’t help but think about my friend Tony Robbins and his demand to “operate in a peak state” to his audiences around the world. I’ve watched 100’s of his videos and almost all of them reviews in detail the power of understanding and controlling your state.  Here is an example Peak State Video, or here is a link to a more visual representation from Tony.

One of the things you’ll notice with Tony is the soul-pumping music he uses at his events. Music creates movement. Motion = emotion. To change your state, change your body.

The biggest point of impact I’d like you to take away from this post is entirely focused on the HOW. How do I get into a peak state? Not surprisingly, states are controlled by triggers.

Good states = good triggers.

Bad states = bad triggers

I’m the first to tell you, bad triggers are guaranteed to build up in life. It is inevitable. Inevitable as life and the experiences that come with it. Just look at the examples of the highly talented individuals noted above. Red states escape no one.

All that said, how do I do it?  How do I get from RED —-> BLUE

There is a word Tim Ferriss says to himself in the audio version of The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich as he’s preparing for the Argentine Tango World Championships. Tranquilo. Tranquilo. I don’t know why, but it stuck with me. I use it when I meditate to calm my racing mind, and I use it every day when things get moving too fast in a bad direction.

It’s my RESET button.

Tranquilo

ACTION ITEM: There is a lot in this post, but I didn’t want to scale back from what I thought was very meaningful background. I think these are REAL issues many face today.  Red state vs. blue states of mind. Too much operate all day in the red, almost analogous to a car operating at redline. Use Dan’s advice, Tony’s teachings, and above all…Tranquilo.