May 16, 2017By Tom Kooy
Motivation
Hustle
Start-ups

Go All In

Do you know what true commitment feels like? And when I say commitment, I don't mean, "get up every morning to go for a run" commitment. I am talking about the, no backing out, sweaty palms, no where else to go, all in style of commitment. That moment when you know you have only one option, where you have the 4 of a kind, thanks to the river (final card flopped) and the probability of someone having that straight flush is so minuscule that you push all your chips into the middle of the table and call "all in".

Do you know what true commitment feels like? And when I say commitment, I don't mean, "get up every morning to go for a run" commitment. I am talking about the, no backing out, sweaty palms, no where else to go, all in style of commitment. That moment when you know you have only one option, where you have the 4 of a kind, thanks to the river (final card flopped) and the probability of someone having that straight flush is so minuscule that you push all your chips into the middle of the table and call "all in". The risk is still there but you fully commit as you believe beyond doubt that you will succeed. That's the type of commitment I am talking about, the one you deeply feel through every fibre of your being.

Statistically, whether you are a start-up or a motivated individual trying to establish a new habit or you are looking to develop a new venture within your division, 9 out of 10 of those endeavours will fail. It is not failure because the idea is a bad one (although you may try to justify it that way), but it is a failure of your commitment. As in that moment when you did fail, it was a result of your priorities being out of whack. Your head wasn't in the game and you didn't have that "all in" belief of success.

As I personally reflect about my most successful moments vs. those where I have failed it has been a result of a lack of commitment. I have made investments that have produced 700% returns and ones that have resulted in 80% losses. So as I consider the differences in my successes vs. my failures I put it down to 2 areas, that encompass what is required for the authentic & total, all in commitment.

TAKE CALCULATED RISKS

Like in Poker, you are more committed to calling when the probability tips in your favour. Likewise, for you to take on an endeavour, you would only be truly committed to go all in when you have a higher probability of success.

However, more often than not people will take on a commitment with very little regard for considering what their success ratio is. They just jump in and by doing so they have a higher failure rate. The solution? Well, by stepping back, deeply evaluating and considering the variables at play you will be amazed the power of how that supports you in determining how successful you will be at your venture. This will help you to evaluate whether going all in is sensible or not.

BREAK THE IMPOSTER WITHIN.

Impostor Syndrome as it is known, is a term used to describe people who are unable to internalise their accomplishments. This means that even though they experience success and exude competence they feel they are frauds and do not deserve the success they have achieved. This behaviour is very common in most of us and it creates self-doubt.

The saying goes, if you have a Plan B, Plan A will always fail. And the Impostor within, through self-doubt, leads us to never truly commit, it makes us question whether we should jump into a venture or a new endeavour and it leaves us only ever being half-assed in our approach. Always hanging on to 2 things at once, because we are scared to let go of one to jump in and go all in on the other.

Have that self-belief that you can move mountains to achieve whatever you want. And then push all those chips into the middle and call "all in"...

Both of these areas shape our success in our commitment. So by approaching our commitments by using our head, by applying calculated problem solving towards success. And our heart, by having genuine belief in ourselves and our ability to succeed, ultimately will build our confidence and improve our probability for success.

So whether you are in the middle of due diligence for a new venture or you want to jump into a start-up or you are looking to build a new habit into your life. Evaluate it, be calculated in your approach and above all have that self-belief that you can move mountains to achieve whatever you want. And then push all those chips into the middle and call "all in"...