Oftentimes, it’s possible to take real world applications and apply them to poker, and other times, it’s poker that can be translated into the real world.
Startup businesses are encouraged to formulate a business plan, to put their ideas on paper in order to get a better grasp of their business and what is needed to build success. It’s the same way in poker. If succeeding in poker were as simple as going out and “playing,” everyone would be a winner. Part of becoming a winning player is learning from your losses. Along these lines, I highly recommend starting a poker journal and putting your action on paper. I like to refer to this as a knockout journal. It’s helpful to make notes whenever you get knocked out of a tournament, whether online or live.