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Betting on Success: Poker Strategies for Business Growth

Betting on Success: Poker Strategies for Business Growth

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About Dan:Dan Dollevoet is the #1 Amazon International Best-Selling Author of “Play Your Best Game: A Poker Player’s Perspective on Winning in Business.” In the book, he bridges poker strategy and business acumen, offering practical insights on how to read financial reports like a poker table, set meaningful goals, and create strategic budgets that act as playbooks for profitability. It’s a fresh, approachable take on thinking more strategically and making confident moves in business.With over 25 years of experience as a Fractional CFO, Dan has helped companies—from solo entrepreneurs to $300M enterprises—do “whatever they do” better. Backed by a degree in Economics from the University of Wisconsin–Madison and an MBA in Finance from Georgia State University, he works with business owners who are great at their craft but need expert financial guidance to grow. Dan brings a passion for numbers, operations, and clarity—empowering entrepreneurs to scale smart, stay profitable, and play their best game.In this episode, guest host Jonathan Miller and Dan Dollevoet discuss:Reading the Table: Financial Data Like a Poker ProCash Flow: The Chips that Keep Your Business in the GameKnow Your Hand: Identifying Your Business "Why"Fold the Emotion: Detaching from Financial DecisionsAll-In on Expert Help: Seeking Professional Guidance for Business GrowthKey Takeaways:Approach your financial statements with the same level of attention to detail as a poker player studies their hand. It’s about understanding the data and using it strategically to inform your decisions.Cash flow is the critical resource that keeps your business alive, just like the blinds in poker keep the game moving. Understanding the real movement of money can prevent your business from folding unexpectedly.Your core motivation is your "ace" — it’s the strategic advantage that fuels you through tough times and helps you make the right moves when the stakes are high.In poker, emotions can cloud your judgment and make you call when you should fold. Similarly, emotional attachment to financial decisions can lead you to make irrational choices. Step back and analyze the numbers without bias to avoid getting bluffed by your own feelings.Just like a poker pro consults their instincts and advisors, business owners should turn to professional guidance to navigate complex situations. The right advice can turn a potential loss into a winning strategy."There's nothing worse than making good decisions based on bad data.” — Dan Dollevoet Grab a copy of Dan’s book “Play Your Best Game” Link: https://playyourbestgame.com/#book About the book:High-stakes decisions. Uncertain environments. Intense competition. Play Your Best Game reveals the parallels between the poker table and the boardroom, equipping you with strategies to make calculated, data-driven moves that lead to financial success.Learn how to make smarter decisions with your numbers to increase profits, improve cash flow, and reduce financial stress. Download your free copy today!Connect with Dan Dollevoet:Website: https://playyourbestgame.com/ https://danthecfo.com/ LinkedIn: https://www.linkedin.com/in/dandollevoet/overlay/contact-info/ Facebook: https://www.facebook.com/DantheCFO/ Email: dan@danthecfo.comShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

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