Everybody loses. Whether it’s in a game of blackjack or in life, everyone experiences losing at some point. While gambling is often associated with winning, professional blackjack player Colin Jones admits that he has lost nearly half of the 1000 sessions he has played in his lifetime. And as the founder of a company focused on extracting money from casinos, he has learned to thrive in his losses as well.
In a book by psychologist Dr. Henry Cloud, the concept of “Finishing Well” is discussed. Jones emphasizes the importance of learning how to lose well instead of blaming external factors or yourself. Blaming is unproductive and results in negative feelings, demotivation, and an obsession with past events. While it may seem normal or common to blame, it actually leads to repeating the same mistakes and patterns that resulted in previous losses. This is seen in both gambling and in other aspects of life.
In order to win in the future, it’s essential to approach losses as valuable learning experiences rather than dwell in self-pity or blame. Winners lose well, accepting their losses as learning opportunities and working towards growth. They do not repeat the same patterns that led to their losses but instead use the data from their experience to make positive changes in the future. By focusing on moving forward and turning losses into lessons, it’s possible to succeed in the long run. So, no matter how many losses, whether in blackjack or in life, it’s essential to learn from them and continue to grow and evolve.