Quote:
Originally Posted by tiger415
bump, and glad i found this thread.
Been playing poker for over a decade, and professionally for 5 years with okay results. Poker is basically the only thing I've done for income. Expenses are low, and I'm always welcomed back at my parent's.
To the people who has transitioned out of poker, how difficult was it to change careers?
Every single time i try to quit poker and try something else, i always find myself reverting back to poker, because it is just that much easier than going through the feeling of "this is impossible".
I understand a lot of this is just attitude, so it makes me feel like either
a) I don't get that sense of urgency where I must absolutely make money right away, or
b) I don't want another career badly enough to pursue it relentlessly
also, did that ecommerce thread ever start? i don't see it in the search option.
Not sure but was this the thread by me that I was maybe going to start? I forgot tbh. I’m still in e-commerce and have built a 7fig brand but bizarrely I’m now playing more poker again, combination of live cash games being good and missing poker to some extent.
E-commerce is a good choice for poker people (if they have a business brain) but it comes with risks, they aren’t cash cows from day 1 and even when you get things going your cash is tied up in inventory for certain cycles. I suppose the same would be true for any retail business that requires physical stock so whatever you do is like this. But I’d prefer the risks and money tied up than getting a job, which is the flip side. It’s also a grind, and you need a certain level of risk tolerance (which works well for poker players - who were successful), there are many things out of your control such as your ads working/acquisition costs not forgetting that 90%+ businesses fail. You’ve got to have some sort of ingrained almost obsessive tenacity to make stuff work, and even then it’s unknown. But I will say I have a similar sort of freedom to when I solely played poker (but now perhaps with more overall stress), I can work from anywhere, I have time for other things like playing quite a lot of poker and generally I can work anytime, but I have to put in the work. But I am 5-6 years in at the beginning it was 24/7.
The problem with poker solely is that you don’t build anything, only cash. You’ll see peers or friends over take you in life and you’ll feel somewhat immature because I’m now 40 and people I know have sold companies and if not are on big salaries or doing big stuff, because they’ve stuck with their career path etc. And I played poker. I wouldn’t change what I did with poker at all as I made 7figs from it over the course of my career (which is on going I suppose) but that’s really nothing in comparison to what people in business can make, but freedom is huge. So a mix of both is good, you have another focus, you are building something and you have a potential golden egg if you are lucky enough to exit, all while still maintaining some sort of freedom and choice in your own destiny.