As I spoke of in this post, risk is a big part of all we do. Rarely is something worth achieving that does not bring with it risk – risk of failure, risk of embarrassment, risk of losing money…
Somewhere along the line, most of us are taught that risk is bad. That opportunity should always take a backseat to any potential risk. I am here to say that this is horrifically flawed thinking.
Below are some excellent quotes about risk.
He that is over-cautious will accomplish little. – Friedrich Von Schiller
I would rather fail in an attempt at something new and uncharted than safely succeed in a repeat of something I have done. – A. E. Hotchner
If you want to achieve a high goal, you’re going to have to take some chances. – Alberto Salazar
Empty pockets never held anyone back. Only empty heads and empty hearts can do that. – Norman Vincent Peale
Encouraged people achieve the best; dominated people achieve second best; neglected people achieve the least. – Anonymous
I in particular like Hotchner’s quote. He is basically saying that it is easy to keep doing what you are currently succeeding at, but there is always more out there. There is little joy or accomplishment at simply maintaining. Those that take the chance at losing are the only ones that have a chance at winning.
When I had a “safe” job working in computers in Seattle in the late 90s, things seemed unstoppable. However, I missed being in the music industry, so I left the job to move down to Los Angeles. I took a tremendous risk – at the opposition of most – but found it worth it from day one. Fast forward 4 years – I own a successful marketing company that is growing by leaps and bounds, whereas the company I worked for laid off 80% of its staff and had to ask the remaining 20% to wait on paychecks for a few weeks. Just goes to show that you cannot judge risk solely on the surface factors.
When you are faced with a situation that includes risk, you must always look at the big picture and at all the factors. Ask yourself these questions:
- What do I really want out of life? Not what do others expect of my life, but what I truly desire.
- What are the primary factors that influence the risk, and how much control can you develop over them?
- Is the opportunity (the payoff) worth the potential failure?
- Are the odds in your favor? Calculated risk is not the same as blind risk – knowing the chances of success and failure (from an objective point of view) can quite easily steer you the proper direction.
So there you have it… Go out there, find opportunities, and do not be frightened by risk. With some intelligent analysis, common sense, and the willingness to achieve no matter what it takes, you can turn a potential hazard into prosperity.