A short YouTube talk by Chris Collins in which he recounts a period when, between leaving a GM role and buying a dealership, he spent weekends gambling in Las Vegas and won about $120,000 over six months. He draws an analogy between blackjack betting strategy and business: instead of playing scared after losses, Collins argues you should "double down"—increase effort, preparation, recruiting, and planning—when facing obstacles. The clip ends with CTAs (subscribe, phone line 8333-ASK SDR, and offers.chriscollinsInc.com).
Questions this video answers
About $120,000 over a six-month period.
8333-ASK SDR.
offers.chriscollinsInc.com
Chapters
That was, I actually am putting this in some, some training, this story that we're doing. But I was thinking about there was this time that I, I left being a general manager and I was buying my own dealership and there was about a year in between. I didn't feel like it was right to work at the dealership I was at and try to buy my own. Like, I wanted to be fair to the guy. And so I wasn't working. Like, I was going to meetings, I was talking to banks, I was talking to manufacturers, I was doing a lot of stuff. I did a little consulting, but I wasn't really working. And so I'd go to Vegas a lot and I ended up in a six month period making about 120 grand gambling. And so like for a year I made my. I never pulled money out of savings because I won gambling. And I would go like on a Friday and I would gamble through the weekend and it was fun. Now, I don't know that I could make my living gambling if that was my intention. This just kind of happened. But I took it very serious. And I read a lot of books about gambling and I think business is a lot like that. And so one thing is like, if anybody's played blackjack, and let's say you're sitting in a blackjack table and you're betting $25 a hand and you've lost five hands in a row, people's tendency is to pull their bet down. You need to go up five times. Yeah. And so the thing that I learned is I'm not going to lose 10 hands in a row. And so if I put 50 and then I put 100 and I just had to pay attention to what the limit was. Right? Right. So if the limit is 500, I want to start with 25, but I'm not going to get to 500 before I win again. But most people start playing not to lose instead of playing to win, and they play scared. And I think business is like, that is a lot of times when we hit an obstacle, what you, what you need to do is double down your effort, double down your.
Studying the subject, your preparation, your planning. Right. Like people say, oh, well, I can't hire a good technician. And I'm like, well, what have you done?
Nothing. Well, you gotta double down. You gotta be better at recruiting, you gotta be better at writing an ad, you gotta be better at networking. And so the success in business is created by doubling down when things go wrong, not backing off. Thanks so much for watching this clip of service Driver Revolution. We're uploading new stuff every day, so make sure you subscribe and click the Bell icon so you don't miss out. If you have a question you'd like us to answer on the show, call 8333-ASK SDR and we'll answer your question on the show. That's 8333-ASK SDR. For special deals on our books and training, head over to to offers.chriscollinsinc.com now that's offers.chriscollinsInc.com I'm Chris Collins, and I'll see you in the next video.