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Willpower in the context of bankroll management can be
defined as:
….inner strength to make decisions and
take action regardless of inner discomfort, resistance or
difficulty….
Willpower is the power of pushing towards
any goal with decisiveness, firmness and determination. In my opinion it is
exactly here where successful people are separated from others. Successfull
people make the choice of pushing forward towards their goals even through the
toughest periods.
Why is willpower important for bankroll
management?
In order to avoid falling back into old
habits, willpower is necessary when adversity knocks on
the door. However the value of willpower must be seen in the right context. If
you attempt to do Bankroll Management for too long on willpower alone you will
not succeed. Willpower demands an energy level that can
only be maintained for a limited period of time and is thus not sustainable in
the long run. So when you find yourself struggling with your project, don’t
continuously rely on willpower to get you through the
hurdles. Sometimes it is just as effective to take a break and do something
completely different.
How is willpower developed?
To take advantage of willpower in the context of bankroll management it is important
to know what it can do and what it can not do. Willpower
is an intense yet temporary boost. Don’t let willpower
be the primary fuel to make you reach your goal. If willpower is used for too long you will probably burn out. It
needs to be directed intelligently and be used at the right moments only for you
to overcome down periods in your bankroll management process and general online
poker game.
Willpower is closely
linked to discipline as described in the article “Bankroll Building Skills – Discipline”. Willpower however differs through its high energy nature and
temporary boost. The high mental energy requirements of willpower can be developed if you have set a goal that is
visionary enough to bring you a high level of satisfaction if you reach the
goal. The way to develop this energy boost is just to get away from the poker
tables for a short time and then dwell on your poker goals – visualize how cool
the goals are in order to transform your mental mindset to a state where you can
reach the goals.
Remember that the larger your goals and
the more successfull you are in visualizing them, the better you will be able to
boost your energy in that moment.
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