Business

Know Your Limit. Work Within It.

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by Carrie De SimasArticle Categories: ,

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The marketing slogan for the Ontario Lottery and Gaming Corporation is: Know your limit. Play within it. It’s a brilliant slogan because it promotes responsible gambling. It also lets tells you that the odds are against you.Few people come away from their gambling pursuits with big wins.Entrepreneurs are the biggest gamblers of all. More businesses fail each year than hit the jackpot of success. Many more struggle to stay afloat.The key then is to know your limit and work within it. Not just in regards to finances, though obviously monetary cost and compensation is huge.More than fiscal awareness though is the question: What are you willing to lose?If you go to a casino, the (in theory) responsible recommendation is to take in a preset amount of money that you are willing (and financially able) to lose. Call it the cost of the entertainment and thrills associated with casino gambling.The same […]