In Poker, your odds of getting a Royal Flush are 649,739 to 1.
Sounds like a long shot, but there are 525 948.766 minutes in a year so statistically if you are dealt cards at a rate of one per minute you would get your royal flush within less than 1.3 years.
That’s what hanging in there gets for you.
Or you could just work twice as fast and get it done in half the time — If you could survive it.
That’s what working harder does for you.
If you team up with 100 of your friends you can get one dealt in 3.65 days.
That’s what joint venturing does for you.
Any way you work it, I’m convinced statistically speaking …
“If you want life to come up “heads” and all you get is “tails,” you need to keep flipping the coin.” – Ken McArthur
Eventually, things come up the way you want.
Notice I didn’t say … Wait for things to get better!
In business, your odds of success are better.
According to U.S Dept. of Commerce, Bureau of the Census, Business Dynamics Statistics …
Seven out of ten new employer firms last at least two years, and about half survive five years. More specifically, according to new Census data, 69 percent of new employer establishments born to new firms in 2000 survived at least two years, and 51 percent survived five or more years. Firms born in 1990 had very similar survival rates. With most firms starting small, 99.8 percent of the new employer establishments were started by small firms. Survival rates were similar across states and major industries.
Compare that to the average length of a job …
Three to five years with jobs held between the ages of 18 and 38 having the shortest duration
(source America’s Dynamic workforce: 2006; U.S. Department of Labor)
So I’m Statistically Optimistic.
Odds are …
- 4 out of 5 you will NEVER die of Heart Disease
- 6 out of 7 you will NEVER die of Cancer
- 22 out of 23 you will NEVER die of Stroke
- 35 out of 36 you will NEVER die of Accidental Injury
- 99 out of 100 you will NEVER die of a Motor Vehicle Accident
- 120 out of 121 you will NEVER commit suicide
- 324 out of 325 you will NEVER die as a result of Fire or Smoke
- 1,115 out of 1,116 you will never die of Natural Forces (heat, cold, storms, quakes, etc.)
And if you keep trying, keep learning and focus on solving real problems …
Odds are … you can have your own successful business.
All the best,