At one point in our lives, we will be asked to take a chance. We will need to make a potentially life-changing decision and then…live with it! Some people have a more challenging time making decisions out of fear that they may end up ruining their lives. However, what they may not be conscious of is that this “potential fear” may be unfounded and, as a result, could be preventing them from achieving outstanding things!
Amy Morin, author of 13 Things Mentally Strong People Don`t Do, addresses this in her book. She cites fear as being one of the most paralyzing factors related to inaction. With that in mind, she explains that people will often delude themselves by doing the following:
o They avoid taking risks because of the way they FEEL
o They avoid taking risks because they are AFRAID
o They do not rely on facts to make the best decision
o They react impulsively and do not properly measure the outcome of the risk
o They avoid at all cost the feeling of discomfort related to risk
o They struggle to make any decisions and rely on others to make them instead
o They have dreams, but when the time comes to act, they don`t
o Their thoughts turn negative as soon as they must take a risk
If the reactions mentioned above reflect your tendencies, please know that you are not alone. With that in mind, Morin also explains that risk taking, when done properly, is healthy and can be life-affirming! What’s important to know is that there are different forms of risk – high, reckless risk taking and calculated, measured risk-taking. The latter is what Morin recommends. She explains that it’s comprised of certain key elements. In other words, to properly assess if a risk is worth it, you need to ask yourself the following questions:
1. Does this risk align with my core values?
2. What benefits will I derive from taking this risk?
3. Does this risk align with my stretch goal? If so, how?
4. What is the best-case scenario?
5. What is the worst thing that could happen? How would I get over the hurdle?
6. What will the potential outcome be in five years from now?
These are powerful and thought-provoking questions. They may take some time to answer, but done carefully, they have the potential to help you take that calculated leap of faith and go for it!
How to Start?
To get the ball rolling, start small. Look at opportunities where you can put these six insightful questions into practice. You`ll soon see that your confidence will grow from there and you’ll feel much more comfortable taking greater, more calculated risks. Like anything else, it takes practice! Because, at the end of the day, you are risking a lot more by not challenging yourself!
Words of Wisdom
“Everybody wants to be a diamond, but very few are willing to get cut.”
What was the last time you took a calculated risk? How did that turn out for you?
Leave your comment below detailing your experience!
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