Everybody is complaining about Super Bowl boredom and bad commercials. My answer – is there anything we can learn from it? Yes. Don’t make bad decisions and bad bets like I did against New England. It was not rational. Entrepreneurs should step back when they see the following circumstances:
First, I was emotional. I wanted Brady to lose because I am still carrying around grievances about the 2017 Super Bowl when the Falcons blew a huge lead to him. You got to let losses go if it is not impacting your life or business.
Next, I’ve been on a hot streak and thought I’d gotten smart. All bets should be judged independently, and you should never make a ‘let it ride” decision right after one or two big wins, or right after somebody tells you that you have the Midas touch. My magic vanished with the hard work of New England’s coaching staff to confuse the young Rams quarterback. I would have seen this coming if I had not been counting my money at the table thinking I was going to win.
Stay in your lane bro – I’m a lot more qualified to be betting against Papa John’s comeback than I am to be betting on who is going to win a Super Bowl. The fact is we enjoy getting out of our lane – chasing shiny objects. We can’t help ourselves. It is the most recurring mistake I see in Entrepreneurship every day, and here I am thinking I’m a pro football expert.
I know this was just a bad bet on football, but when I’ve made bad bets in business the failures could be traced to either emotion or lack of focus, and the biggest falls are when I’ve gotten too smart overnight from a win.
What do you do after the fall? Live, learn and try to find a positive so your feet can hit the floor running the next day. By the way, Gladys Knight was worth the price of admission and yes, Brady is the greatest of all time.