Wednesday, August 24, 2011

Startup Children – How To Parent An Entrepreneur (Part IV)

Startup Children – How To Parent An Entrepreneur (Part IV): "When you have a winning poker hand, you must maximize the size of the pot. However, if you bet too aggressively, you risk spooking one or more of the other players into folding, thus decreasing your winnings. If you bet too conservatively, you may also end up with a suboptimal pot, as the other players may not wager as much as they would otherwise be inclined.

In business, you also have to run hard and fast when you have a winning solution. If you find a market niche or product category in which you are dominant, you must make the necessary financial bets to help you maximize the return from such opportunities."

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Startup Children – How To Parent An Entrepreneur (Part IV)

Startup Children – How To Parent An Entrepreneur (Part IV): "if you run out of money while playing poker, it is “game over.” Even if you have a great hand, if you do not have enough money to stay in the game, your cards are worthless. Managing your cash by strategically placing your financial bets is equally important at your startup. You may develop a winning product that customers are willing to buy, but all is for naught if you do not have the cash to execute your plan and deliver upon your product’s value proposition."

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Startup Children – How To Parent An Entrepreneur (Part IV)

Startup Children – How To Parent An Entrepreneur (Part IV): "The more you know about your fellow players, the better job you will do of reading their mannerisms, betting styles, bluffing techniques, etc. Be vigilant and keep your eyes on your competition, especially when they are dealt their hands. Watch their reactions, and then extrapolate their potential future decisions based on their past behavior."

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About | ChaiDomains.com

About | ChaiDomains.com: "EACH LETTER IN ADDITION TO ITS SOUND VALUE, ALSO HAS A NUMERIC VALUE. THE NUMERIC VALUE OF CHET (OR CHES) AS THE 8TH LETTER OF THE HEBREW ALEF-BET (ALPHABET) IS THE NUMBER EIGHT (8). WHILE THE YUD -WHICH IS THE TENTH (10TH) LETTER OF THE HEBREW ALEF-BET, (YET IT IS THE 1ST LETTER IN PERHAPS THE MOST UNIVERSAL OF G-D’S HOLY NAMES) HAS THE VALUE OF TEN (10).
TOGETHER THESE TWO LETTERS COMBINE TO FORM THE NUMBER 18. MORE IMPORTANT THEN THE NUMERIC VALUE OF THE THESE TWO LETTERS, IS THE WORD THAT IS FORMED BY THEM. THE WORD FORMED BY THE TWO HEBREW LETTERS IS THE WORD CHAI, WHICH MEANS LIFE. "

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