"I want to compete with the best" - Jonas Gjelstad - Professional Sports Bettor - pt3

Money is a tool. Just like a handyman needs a hammer to work. If I don't have money, I don't have any tools.

One of my biggest lessons was that I need to be able to separate working money and spending money because as you move up, the stakes become larger.

Sometimes you’re tempted to think: “oh you know, that's just only like a couple of big blinds, so I’ll just kind of buy that and I'm going to buy that”.

Some people become a bit blind about the money because they're used to having such big swings all the time.

I feel I have always been pretty good to separate what was working money and what was spending money. I feel like I always respected the value of money.

For example, I've never bought a car because I've never needed a car. I've been living in big cities and I've been traveling so much.

Cars decrease in value, so I'm better off just taking Ubers and I tried to put my money into real estate instead of buying a Lamborghini and showing off to everyone.

But I think that when having a significant amount of money. One should take then a bit fewer risks because it's actually enough money to build up something with.

I'm in my twenties and I want to create freedom for myself. I know if I'm going to be the best and competing against the best, I would need money to do so.

I would also need money to be able to create and do things I would like to do later on in life.

I've been having a lot of fun in the summer. I’ve been going to Ibiza, Las Vegas, Los Angeles, some festivals in Norway.

In order to be motivated, you also need to reward yourself. I think that's an important part of the game.

Money can only do so much, money it's a tool to give you freedom. I think it's important to also use that freedom and don't be too caught up in the work.

Obviously, you need to be focused about your work but there's nothing wrong with taking some time off every now and then.

That’s a good opportunity to think of what you can do, how your future is going to be like, and remind yourself what are your goals in life.



If you want to, we’ve made a video about this interview. You can watch the whole series of 6 episodes on the Trademate Youtube channel.