From High Stakes Poker To

From High Stakes Poker To

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From High Stakes Poker To episodes

  • Public Speaking with Scott deMoulin

    Scott deMoulin is the Founder and CEO of Destiny Training Systems, a conscious business growth consulting and training company founded in 1989. Retained by over 480 companies located around the world, Scott has been directly responsible for helping to make his clients over $1 Billion. With over 30 years of experience as a Speaker, Trainer and Business Growth Expert, Scott has achieved Outlier status a couple of times over. Scott has facilitated hundreds of public and private training programs for over 25,000 entrepreneurs and small business owners, giving them access to proven business growth strategies and information usually only reserved and available to businesses with large training budgets. Scott has been a member of the exclusive Transformational Leadership Council for seven years, which is made up of some of the world's top speakers, training companies, authors and transformational leaders. Clients include: Accenture, Paramount Pictures, Pioneer Electronics, Harrah's (Caesar's) Entertainment, KPMG Consulting, Nautica Sportswear, Davis Ball & Collombatto Advertising, Ritz Carlton, Four Seasons, Hyatt Hotels, Health Net, Baxter Health, YPO, Total Sports Asia, Earth Tech, Business Breakthroughs Int., Robbins Research Int., (Jay) Abraham Group, Nightingale Conant, College America Services Inc., Taylor's Education Group, Quantum Learning & Earth-Kind. 

     

    In this Episode:

    0:14 -  Scott deMoulin tells about his background.

    2:29 -  How Scott deMoulin became so good at his business.

    4:21 - Scott's relationship with poker.

    5:20 - Scott talks about the money management process.

    5:42 – Scott talks about Casino awareness.

    5:58 – Scott talks about elevating his leverage.

    7:35 – Scott talks about the similarities between poker and public speaking.

    11:43- Scott shares his growth and learning experiences.

    12:09 – His experience with Tony Robinson.

    13:29 – Process of designing the program.

    15:55 – Starting with some types of research

    19:45 – Difference between agitating and irritating the audience.

    22:23- Adding some metaphors.

    24:19 –Scott speaks about Learning without action is worthless

    28:46 – Scott talks about the past can be a valuable education.

    32:10 – The biggest mistakes that people make

    34:58 – The skills sets of manager leaders, people.

    52.20 – The most surprising things for Scott.

    59:48- Where can people find Scott.

     

    Link and Resources:

    http://www.engagefromyourstage.com/

    https://www.linkedin.com/in/scott-demoulin-56bb3b9

    https://destinytraining.com/

    https://twitter.com/scottdemoulin?lang=bn

    https://www.facebook.com/scottdemoulin

    https://www.youtube.com/channel/UC1ZSuK-HfgzivCs0Heg1ILA

     

    1 hr 6 min
  • E-commerce with Aloysius Chay

    Aloysius used to play poker professionally. During his formative years, he played poker for close to a decade, spending a few years in Macau. It started off with micro stakes playing for $0.1/0.2 home games and he slowly worked his way up to the high stakes in Macau ($1k/$2k HKD).

    It was pretty joyous days when he hustled Chinese whales from Mainland China and also crunched numbers using software's to achieve game theory optimal strategies (GTO) to stay ahead vs the rest of the professionals.

    Subsequently, there was a great opportunity to move towards a booming industry of e-commerce and he transited over with his partner Galvin. It went fairly well; from a 2-man startup grinding 100 hour work weeks to a tidy 30man+ operation that covers the different departments necessary for e-commerce. He had to do everything in initial stages and slowly that was delegated out to the team handling different departments such as customer support, creative work, media buying, fulfilment and strategy. Currently, He is focused in deep tech, more specifically block chain technology.

     

     In This Episode:

    0:09- Aloysius introduces himself and explains his background.

    0:34 – Aloysius shares the story behind moving to E- Commerce.

    1:38 – Aloysius talks about freedom in playing poker.

    4:40 – Aloysius shares the process of jumping on to this E- Commerce Business and hiring the process into the right place.

    6:06 – Transition of Poker to E commerce, how poker gives, and the itch to transition to e-commerce.

    8:03 – Aloysius shares how often he sets aside time to strategise for his business.

    10.33- The biggest difference between Poker and E commerce in terms of thinking process.

    14.18- Using AR and VR to compliment the business.

    15:42-Aloysius shares the difficulties he faced from moving out of poker.

    17:04- Aloysius shares how he leaves Poker and the time frame.

    22.09 –He shares the Strange part of networking and poker world.

    25:59- Aloysius's most recent interesting takeaways.

    28:43 – How meditation changes the game for him.

    29:53- The process of approaching the topic of decision making in general.

    32:30- Important part of making decisions for his business.

    36.31- Some common misconceptions about e-commerce.

    42.00- Where listeners can find Aloysius online.

     

    Link and Resources-

    https://hackyourlifetoday.com/

    https://www.facebook.com/hackyourlifetoday

    https://www.instagram.com/aloysiuschay/

    https://www.linkedin.com/in/aloysius-chay-a15886b3/

    https://www.youtube.com/channel/UCpwpOjtVkDkbU4E_zeNYLRA

     

    43 min
  • Cultivating Your Mindset and Preparing for Business Success with Elliot Roe

    Elliot Roe is one of the best mindset coaches in poker, and he helps so many poker players reach the highest levels. As a hypnotherapist and mindset coach, Elliot has worked with many poker players across his career, ranging from low-stakes to high-stakes players. He uses hypnotherapy to help players work through the issues that they bring to the table. There's a lot of crossover between the self-sabotage that he sees at the business table and the poker table, he points out.

     

    Often, when moving from poker to other fields, people don't know their strengths. Those who succeed at poker, you have to be highly intelligent and good at problem-solving, Elliot points out today. In fact, the competition is lower in business than in poker. That isn't to say that the transition will always be easy; the soft skills required in the business world may be a challenge, especially for primarily online poker players.

     

    If that has you concerned, don't worry; Elliot will dig into some of the common pitfalls that poker players fall into when trying to make the transition into business. Successfully assessing and avoiding these will help you make a successful transition and do as well in business as you do in poker. On the more positive side, he'll also share his thoughts on careers and business realms in which poker players are typically suited to thrive. Wherever you are in your poker-to-business transition, I think that Elliot's powerful advice will prove invaluable.

     

    In This Episode:

    [00:23] - Elliot introduces himself and explains his background.

    [02:28] - We learn about one of the most common types of self-sabotage that Elliot sees both in poker and in business.

    [04:35] - Wayne shares his thoughts on Elliot's points about self-sabotage.

    [06:40] - We hear more about one of the challenges in moving from poker into other fields, and some of the strengths that poker players have.

    [09:18] - Elliot talks about defending leaks, and how that relates to the business world.

    [10:43] - What are some of the biggest mindset changes that poker players need to make as they move on to business?

    [13:40] - Elliot shares his theory on why almost all of the biggest poker players will eventually move on to something else.

    [16:16] - We hear about some of the common pitfalls that lead poker players not to succeed when they make the transition.

    [19:02] - Wayne shares a challenge that he's facing right now as he's juggling both poker and business.

    [21:04] - Are there any patterns or industries that Wayne thinks poker players move into more than others?

    [25:47] - Elliot points out one of the reasons why a strong network is so important: getting feedback and mentors.

    [28:48] - Don't underestimate how interesting you are when you're looking for a potential mentor, Elliot advises. He and Wayne then chat about the importance of collaborating with compatible people.

    [34:20] - Does Elliot have any specific examples of the process of making a successful transition from poker to business?

    [37:25] - Elliot recommends setting boundaries in your business when possible.

    [39:08] - Are there any other ways that Elliot recommends that poker players manage their time once they've moved on?

    [40:38] - In all of his time coaching poker players, what skill set has Elliot learned that has helped him in his life or business?

    [42:42] - Elliot talks about what he wishes he had known before he made his own transition, and whether he would offer that same advice to poker players.

    [45:33] - When Elliot hears the word "success," who is the first person who comes to mind?

    [47:14] - What are some common misconceptions that people have about Elliot himself or his industry?

    [49:19] - What is something that Elliot believes in that other people might consider insane?

    [53:18] - Elliot lists some places where listeners can find him online.

     

    Links and Resources:

    Poker Mind Coach

    Elliot Roe

    Elliot Roe on Twitter

    Elliot Roe on LinkedIn

    The A-Game Advantage Podcast

    The Mindset Advantage Podcast

    Primed Mind app

    55 min
  • Problem Solving with Fedor Holz

    For those in the poker world, Fedor Holz needs no introduction. After quitting poker a couple years ago, he started dabbling in various things, particularly building a community focusing on an environment of creativity. In poker, he points out, his tendency to lose interest in things he doesn't feel passionate about in the moment was a good thing.

    Fedor enjoys and is energized by puzzling out and solving problems, and not so much by the process of actually executing the path that he figures out. A few years ago, he didn't see the potential for this kind of growth in poker anymore. This made him want to quit in favor of developing other skills rather than just monetizing something that he was already good at.

    Speaking of skills, one of the most valuable skills that Fedor developed from playing poker is problem solving, he'll explain today. He chats in our conversation about how he applies to this skill to his current work in consulting, explaining that his ability to connect things allows him to work in various fields.

    Other topics we'll cover include uncertainty (and how tough it is to get used to it), his advice to someone in the position that he was in a couple years ago before he retired from poker, and what most people believe about health that might actually be wrong. As Fedor explains today, the human body is the most complex puzzle he has come across. Don't miss this fascinating conversation!

    In This Episode:

    • [00:17] - Fedor chats about what he's been up to outside of poker.
    • [01:41] - We hear more about Fedor's mindset, and how it was beneficial for playing poker.
    • [03:34] - What was Fedor's biggest takeaway from going to his psychotherapy sessions?
    • [04:54] - Fedor digs into his decision to retire from poker.
    • [06:53] - A lot of poker players move on from poker once they reach the ceiling. What's Fedor's theory on why this happens?
    • [07:42] - Was it hard for Fedor to give up the opportunity cost of making a lot of money from poker when he retired?
    • [09:26] - Fedor mentions that he tends to randomly come across opportunities, and tends to say yes too often.
    • [10:58] - The biggest issue for Fedor is anticipating future opportunities, he explains.
    • [12:52] - Fedor talks about the top few skills that he learned from poker that can be applied broadly outside of poker.
    • [17:42] - We hear Fedor's thoughts on the process of getting used to uncertainty in poker.
    • [19:51] - What advice or recommendations would Fedor have for someone who is still uncomfortable with uncertainty?[21:29] - Fedor talks about punishments for bad results, and why it needs to take more factors into account.
    • [24:25] - If Fedor could go back in time, what advice does he had heard?
    • [26:55] - We hear about when Fedor would have quit if he could go back and do it again.
    • [28:32] - Fedor shares his thoughts on how he would approach a situation like the one that Wayne has described.
    • [30:30] - Wayne sees things in the opposite way, he explains.
    • [31:11] - Fedor talks about the interesting day that he had recently, and shares some of what he has learned about health.
    • [36:00] - We learn that Fedor had immediate results from the NeuFit System.
    • [37:41] - What are some beliefs that Fedor has about health that most people get wrong?
    • [40:24] - How much does Fedor think that we underutilize our bodies?
    • [42:33] - If Fedor had to pick a specific age to be forever, what age would he choose?
    • [44:07] - Fedor shares one of his most important health hacks: sleep!
    • [48:42] - What are some beliefs that most poker players have that Fedor thinks they're getting wrong?
    • [50:12] - Where can guests find Fedor to learn more about him? Does he have any upcoming events that he plans to speak at?

    Links and Resources:

    • Fedor Holz on Wikipedia
    • Fedor Holz on Twitter
    • Fedor Holz on Instagram
    • Fedor Holz on LinkedIn
    • The NeuFit System
    52 min
  • Assessing Behavior, Reading Tells, & Running a Business with Blake Eastman

    After watching Rounders when he was 17, Blake Eastman knew that poker was what he wanted to do with his life. More accurately, he wanted to live the story of Rounders, making enough money with poker to pay for law school. He did so well with poker, though, that he stuck with it instead. After a couple years of playing, he shifted from playing poker to coaching and creating a poker business.

    Blake is an interesting guest since his transition out of playing poker hasn't taken him out of the poker world. As he explains, now that he's a business owner, he's starting to embody the skills and lessons that he learned from playing poker. He'll also dig into his challenges now as he transitions from a business focusing specifically on poker to a more general business.

    Because Blake is a psychology expert, we'll spend a good amount of time talking about various aspects of psychology in poker. This ranges from everything including the anxiety that people feel while playing poker to reading others' body language to the tendency to obsess over their own leaks (and why that's a problem). Don't miss this episode to learn about everything from behavioral research to applying poker-based skills in a business outside the industry.

    In This Episode:

    • [00:08] - Blake gives listeners a little bit of information about who he is, and his background in poker and inspiration for starting to play.
    • [02:17] - How did Blake decide to start teaching poker instead of focusing on playing?
    • [03:56] - We hear about something that Wayne sees a lot with his students, as well as what Blake tells people who ask what he does.
    • [05:52] - Blake talks about some of the biggest similarities and differences he found as he transitioned from a poker player to a poker business owner.
    • [07:53] - What are some of Blake's biggest challenges as he transitions from a poker business to a general business? Does he feel impostor syndrome?
    • [11:23] - Blake shares three things that he would tell someone who is considering making a similar transition.
    • [13:18] - One of the big problems with poker players is that they obsess over their leaks, Blake points out.
    • [14:36] - What would Blake say to someone who thinks that after they make money on poker, one brilliant business idea will come to them?
    • [18:09] - Blake addresses Wayne's question about what he should capitalize on while making a transition from poker.
    • [21:40] - We hear more about Wayne's perception of body language and the unraveling that tends to happen.
    • [25:04] - What's the science behind the anxiety that a lot of people tend to experience at the poker table?
    • [31:30] - You have to be paying attention from the beginning of the hand, Blake points out.
    • [33:10] - How do reading people and behavioral stuff in poker translate into coaching business executives?
    • [38:23] - We hear more about the three levels of behavioral stuff that Blake mentioned, and how someone can improve these levels.
    • [43:24] - Blake talks about how precise his behavioral research is.
    • [45:30] - What books would Blake recommend for someone who wants to learn more about nonverbal behavior?
    • [49:14] - How important does Blake think that tells are in the game of live poker?
    • [54:02] - Blake shares what he suggests that new poker players should focus on: the hands.
    • [58:13] - We learn about the orientation reflex, which means that we orient toward things we're interested in.
    • [60:18] - What's something that Blake believes in that other people might consider to be insane?
    • [62:35] - Where can guests learn more about Blake?

    Links and Resources:

    • Blake Eastman on LinkedIn
    • Blake Eastman on Twitter
    • Blake Eastman on Instagram
    • School of Cards
    • School of Cards on Facebook
    • Beyond Tells
    • Rounders
    • Nonverbal Communication: Science and Application by David Matsumoto, Mark G. Frank, and Hyi Sung Hwang
    1 hr 4 min
  • Dan Tsui

    Dan Tsui, CEO at software engineering consultancy and product studio Kyokan, joins me today for this conversation. Before this, he did a lot of freelancing in software engineering. And before that, of course, he was a professional poker player. As he'll explain today, playing online poker is actually what got him into software to begin with.

    When I ask Dan about the similarities between poker and business, he brings up a very insightful answer: the intuitive understanding of risk, having an edge, and what it means to exploit that edge. These points, he explains, are difficult for professionals from non-game-playing backgrounds to wrap their heads around in the same way. The biggest differences, on the other hand, involve working as a team player instead of solo.

    We'll also dig into mindset, exploring various aspects of the topic of translating a poker mentality into the business world. Dan will share his thoughts on the problems with the mindset of people who play poker while waiting to come up with a business idea to pursue, rather than committing to it more thoroughly. Another point we'll dive into is the professional importance of being able to talk fluently about subjects other than poker. Dan will also talk about his experiences with meditation, including having gone to retreats.

    Don't miss this episode, which is full of interesting and profound insights and Dan's valuable perspectives on transitioning from poker to the business world.

     

    Learn More About Today's Guest:

    Dan Tsui on LinkedIn

    Dan Tsui on Facebook

    Dan Tsui on Twitter

    Kyokan

     

    In This Episode:

    [00:06] - Dan starts things off by giving some background on himself and what he does.

    [00:42] - When did Dan make the transition from poker to software engineering?

    [01:37] - We hear more about Dan's history in writing his own simulations.

    [04:20] - Dan talks about the level of maturity that solvers, especially those built by skilled engineers, can have.

    [05:42] - What are the biggest similarities between poker and business? And what are the biggest differences?

    [09:14] - Dan offers another way to think about what he's been describing.

    [10:38] - We learn about one thing that Wayne has personally been struggling with in terms of translating a poker mentality to the business world. Dan then shares his thoughts on the topic.

    [13:11] - Dan responds to Wayne's mention of asking your friends to help spot and point out your leaks.

    [14:50] - Was it difficult for Dan to give up the money that he was making in poker as he transitioned into business?

    [16:28] - What does Dan think of the thought process of playing poker until you come up with a business idea to pursue?

    [22:22] - Dan shares his recommendations for how to go about getting mentors and career counselors.

    [27:04] - Wayne offers his own thoughts on why people should be thinking about their abilities outside of poker.

    [27:57] - We learn more about Dan's experiences with meditating and meditation retreats.

    [30:52] - Dan explains what a home retreat for meditation is, and talks about whether he's found it to be a struggle to drop what he's doing in business to go on retreats.

    [34:32] - As a CEO in a company, does Dan think that any aspects of meditation apply to his work?

    [35:06] - We move on to the rapid fire questions! When Dan thinks of the word "success," who is the first person who comes to mind, and why?

    [35:50] - Who does Dan think is going to win the race to Mars?

    [36:55] - What is Dan's favorite life hack?

    [37:24] - How much of one's net worth should they put into crypto?

    [39:07] - For someone transitioning from poker to crypto, in which field does Dan think their financial ceiling would be higher?

    [39:40] - What is something that Dan believes in that other people think is insane?

    [44:09] - Does Dan spend a lot of time looking into other tech industries?

    [46:10] - Does Dan have any recommendations for future guests who he would like to hear on the show?

    [47:51] - Where can listeners learn more about Dan?

    Links and Resources:

    Dan Tsui on LinkedIn

    Dan Tsui on Facebook

    Dan Tsui on Twitter

    Kyokan

    Will Tipton

    Expert Heads Up No Limit Hold'em by Will Tipton

    Zen Mind, Beginner's Mind by Shunryu Suzuki

    Google Tech Talks: Be Your Own Therapist by Venerable Robina Courtin

    Elon Musk

    Jeff Bezos

    Jae Kwon on LinkedIn

    51 min
  • "From High Stakes Poker To …" Intro

    Hello there, and welcome to this brand-new podcast! In "From High Stakes Poker To …"! I'm your host, Wayne Yap. In each future episode of the show, I'll interview a former high-stakes poker player who has successfully transitioned into something else.

    In case you're not familiar with my story, I've spent the last few years of my poker career playing the highest games in Macau. I realized that I was playing poker to make money, and taking that money to try to make people around me happy, but poker (and focusing on making money) didn't fulfill me. I'm transitioning out of poker now, and looking for ideas and resources to help me successfully do that. That's how the idea for this podcast came about!

    I know I'm not the only one in this situation. A lot of successful high-stakes poker players want to transition into other fields, but there's not enough information out there on how to do that smoothly and successfully. I believe there's a lot of raw intellectual power in poker players, but it can be a struggle to transfer the skills gained from playing poker into other fields. That's why I'm going to interview people who have made the transition successfully; their insights can help guide my journey (and yours!).

    Tune into this introductory episode to learn more about why I'm starting this podcast, how important it is to provide value (especially to the right people), and why I'm so excited to talk to the guests who will be joining me in future episodes! If you know someone who has transitioned out of high-stakes poker and who you think would be a great guest for the show, please let me know so I can invite them to join me for a conversation.

    In This Episode:

    • [00:00] - Wayne welcomes listeners to the episode, introduces the topic of the podcast, and shares a bit of his story.
    • [01:13] - Most of Wayne's high-stakes poker friends don't want to play poker long term, he explains.
    • [02:53] - A lot of people with raw intellectual power become good at poker but struggle with transitioning to other fields.
    • [03:37] - Wayne talks more about his journey and decision to transition out of poker. He then shares his thoughts on giving value.
    • [05:35] - We hear more about Wayne's reasons for starting this podcast.
    • [06:43] - Wayne points out that being in front of the camera or microphone is a trainable skill, and shares his excitement about talking to the guests in future episodes.
    • [08:08] - Wayne invites listeners to subscribe, as well as to recommend guests for the show!
    • [10:13] - We learn about a couple of ways that Wayne is creating a ripple effect through this podcast.
    • [11:35] - It's easy to go from an abundance mindset to a scarcity mindset, Wayne points out. He then shares some of his ideas for how to expand on the mission of the podcast in the future.
    • [13:08] - Wayne jokes about his awkwardness in front of the camera and microphone, then extends another invitation to subscribe and suggest guests.
    15 min

About From High Stakes Poker To

From the publisher's feed

We interview Ex High Stakes Poker players that have transitioned to other careers. Our mission is to bring the raw intelligence of poker players from a world of value extraction to the value creation…