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Originally Posted by TvSa
any ideas, as yet, as to what kind of business that may be?
I have experience in product development so i'd like to start a firm that takes 'ideas' and commercializes them. This firm would also help people bring their ideas to fruition.
There is a firm out their called "Invent Help" or something like that but they are a scam. They just send you a kit and you do the work yourself while they milk you for money.
My firm would be the opposite of that, work hand in hand with our clients through every phase of the product development. So we'd only be working with products we believed could turn a profit. As opposed to Invent Help which doesn't care if your product will ever be realized because their business model is to make money by charging their clients and not realizing products for the market.
For somethign like this, i'd need a lot of capital. $100K would be enough to start, and if successful, my firm could be a serious $M company in a couple of years. Timing should be good because in the next 2 years, economy should be recovering.
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Originally Posted by CocteauTwin
I think you should be careful not to justify your addiction through denial though. I'm not saying that to patronise you, but like you said you can wind up with a bunch of contradictions to explain the situation, and sometimes the reason those contradictions appear is because you want to make excuses.
Not quite sure what i'm denying though. I admit I'm a degen gambler. I admit I have slips on occassion. I admit I don't have this all figured out. I admit that i'm endanger of going busto if I don't stop playing table games.
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Originally Posted by CocteauTwin
I think it's possible to get a reign on addiction but is it curable when the person is constantly around the source?.
This is an interesting point. There is an argument to be made that being around the source is helpful as it desensitizes you.
Two years ago, I couldn't walk past a BJ or Roulette wheel without gambling. I say that in all seriousness. It was literally impossible for me to walk past a gaming table without gambling. If I had money in my pocket, it was going on the table. Furthermore, when I ran out, i'd run back home, grab more money, and come back.
Now, 99% of the time, I walk past those tables without an urge. It's only during specialized moments that I slip back to my old habits.
But, you do have a valid point. If I was never around the tables, it would be hard to have a slip right?
Lastly, I don't think I will ever be 'cured'.
Quote:
Originally Posted by CocteauTwin
If poker is your only means to make money and you are dependent on it, that most likely will cause a lot of problems for you not matter how good a player you are when you have a gambling addiction. I hope things work out for you anyway, and I haven't said this stuff to be an A-hole, just being honest.
I'm coming up on 2 years of supporting myself with poker. All in all, my slips have probably cost me about 7% of my total profit
. SO it is signficant and it is an issue. But all in all, I'm doing okay. Have a decent standard of living, bills are paid and I work whenever I feel like it.
I've made my share of mistakes along the way, biggest one was taking a shot at 10/20NL when I was underrolled last year. HUGE mistake. But as far as poker goes, I have a good handle on it.
ANd now I have an exit plan. I'm fairly confident I can squirrel away $100K over the next couple of years. So in a sense, i'm at the halfway point and just need to make it 2 more years. And during this time, I won't lose site that i'm a degen and need to constantly be on guard.