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How to Be A Risk Taker in Business Or In Life?

Take that risk.

In this post I’ll tell you how to take that risk you see in your business or your personal life. You’ll know how to be a risk taker,and they won’t ever trouble you again.

Even when it might seem difficult to rise above the risky situation, you’ll need to prepare yourself for it.

Take that risk wherever you are, whether it’s risk in business or in your life. 

Do that thing.  

Don’t let the opportunity go. 

If it works out, you have something epic. If it doesn’t, you have a lesson. It’s as simple as that. 

This is a post where I try to convince you that it’s really necessary to take risks in life and tread on risky paths, because of course we’re here to risk our hearts. This isn’t in a dramatic sense, though.

I’ll probably help you a little in battling with the insecurity you might feel while showing yourself out in the world, while taking a new step in life or in relationships, or trying to learn and try something new.

Why Is It Necessary to Take That Risk?

Half of the great stuff this world actually deserves to receive doesn’t come up because someone somewhere is battling with self-doubts or insecurity, and has lost. 

There is nothing more unfortunate than that now, having lost a golden opportunity to put yourself out there. And I know that I, for one, has downplayed myself many times in life because i was afraid to put myself out there just because it seemed scary.

That in itself, told me that I needed to stop that self-sabotaging behaviour immediately and also kind of write something about it to share around too.

So how do you battle with this fear and this thing that’s holding you back? How do you battle this risk? 

 

The Amount of Risk We Take in Our Life

Risk, the first time around, seems scary. It’s really terrifying, I speak from experience. There’s always this doubt going on inside your mind that says that this doesn’t look good, maybe I should stop right now or I’ll end up walking into danger and look like a fool.

But if you want to create something—anything—you always have to risk something or the other. We all risk things—knowingly or unknowingly at some point of life. 

While indulging in bad lifestyle habits, we risk our health. While taking up that controversial venture, we risk looking like idiots and losing all that position in the society we have created. We take risks that vary from one another—small risks and huge risks. 

If you’re driving a car and talking on the phone and have half of your attention on what the other person is saying, and your family is riding along with you, then you are risking your own life and that of your family too. This phone call may seem like a small risk, as you know nothing will happen because your attention is completely on the road ahead. Yeah, completely there.

Until one very tiny slip and—God forbid—then do you see how that small minute possibility of risk took a huge turn. And you realize that it was indeed a big risk from the very beginning. 

Because it concerned a something far more important than a phone call. 

Now, we take up the other type of risk. Suppose you are a business that’s growing. Risk is an essential part of any business; without risking something, a business can’t function.

While creating your company and your brand, you take the risk of incurring loss and losing all your financial status, as well as making a fool of yourself once again. 

But if you do take up that risk, and the firm flourishes, imagine how glad you would be now that you had taken the risk in the first place and not chickened out. 

And the risk that had seemed so big at that time now feels so miniscule and inefective. Your company’s turnover is now almost twice the amount you were initially afraid of losing. 

This is how it works. 

The big risks turn out to be small and vice versa. It all depends on which risk you take and which you don’t. 

In the world of technicalities and precision, it all depends on how you plan it. 

 

Risk block letters. Take that risk. How to take that risk?

 

Every Risk Taking Venture is Beneficial for You.

As I said before, risk taking can either make you, or it can break you. It can either reward you with success and resources or it can hit you in the face with failure. 

But whatever it does, one thing that is already set in stone is that taking risks will help you in one way or the other. Even if you fail. 

If, suppose, you got it all right—high success, high returns, then congrats—you’re golden. 

But what if things don’t go according to plan? What if things actually go south—something you had always feared would happen?

It works on a very simple principle, something you’ve been learning about since childhood. 

In every defeating situation, learn to look at the bright side of things, learn to grab the positive lesson out of it and take time out to see where you went wrong. 

Then when the next time arrives, don’t go wrong again. 

Maybe you make another mistake this time, do something else the wrong way. That’s fine, repeat the process. Take notice of your mistakes, one by one as they emerge. Then don’t commit the same errors and miscalculations again. 

And if you repeat this technique enough times, one day you’ll not be doing it all for nothing anymore.

One day you’ll see a positive change. Even when you’ll risk it, you won’t see failure anymore. 

In fact, something great will come out of it. 

Trust the process. Even the process of taking the risk and then anticipating the outcome, is addicting in itself, because you live with the thrill, with the knowledge that things might not go as planned, but even then, you’ll just survive because that’s what you do.

 

Someone playing a game of risk.

 

Failure is an Experience Too

Where all things in life are new experiences for the optimists and the curious, it is often believed that failure is like an unwelcome guest. Though some people have learned to accept it that failure helps us to grow, by reading all those self-help books, and listening to the TED talks on YouTube, there does come a little trouble in actually absorbing this fact and welcoming it with an open heart.

People know that failure might teach them something new, but, understandably, no one really, actually, truly wants failure. And who can blame anyone—we all do the same thing. 

Failure creates a pit of disappointment inside of us; it takes time to accept failure and bounce back. Failure creates a rift between us and the destination we want to reach. 

All in all, we agree that failure is a hurdle in the pathway, and a really time-consuming thing to get over. 

But in truth it only seems fair that we face failure, so that we can learn to thrive under diversities and situations where no hope seems viable. 

Failure is a whole new encyclopedia of its own. It teaches us things, it’s full of experiences, and you feel really enriched after going through it and absorbing it into your core.

We can either look at other people’s failure and learn from it (get the second-hand report, from someone else’s point-of-view) or we can see it ourselves with our own very eyes and feel it with our own very hearts and minds (and count it as a first-hand experience). 

And we all know how experiments and practical situations teach us a lot more than the biographies and reports, and all those old research documents will ever do. 

That feeling of failure, that feeling of having been let down or left out, that frustrating experience helps us grow too. Not just as who we want to be (our goals or aspirations) but also as human beings.

Because of course it’s within the human ultimate fate to accept and thrive in difficult situations.

A risky venture for a business firm not only helps the business grow, but also helps the entrepreneur by making them a better fit to handle the company. It makes them prepared for the next time, if failure strikes again.

It makes them more equipped with the tools of battling failure. 

This same rule applies to every field of life (including life itself) wherever there emerges the situation of taking risks. 

We all need to tell ourselves that failure is a part of the process too. 

 

How To Be A Risk Taker?

The motive is not to avoid risk…

…it is to handle it. 

Risk taking is essential—that has been declared before, so it wouldn’t be too pro-like to just run away from risk like a coward. What would you colleagues think (because, come on, no matter how much we deny it, somewhere inside, we humans are wired crazy enough to fret over what the other people think about us.)

The motive here is not to avoid risk completely,  so that you never face adverse situations. The motive here is to handle risk in such a manner that it doesn’t affect you at all. We have to minimize risk, not eliminate it. 

It’s a whole process of risk management—like disaster management—where we group together various ways and methods to handle risk in our daily lives. 

1. You Gather The Details of the risk you’re taking:

(No Knowledge is better than Half Knowledge) 

You should know, if you’re stepping into a risky zone, that you are treading into dangerous waters and you might come across dangers. I’m not telling you to step back out, no, never, but you should definitely be well-equipped with the safety gear. 

This safety gear is popular with different names by different people in different fields of life. 
 
A mountaineer, for example, calls it a mountaineer equipment set. A writer calls it their vocabulary, their writing tools. A business manager calls it their expertise in the functioning of the business. A professor calls it the subject in which they master. An athlete calls it their deep investment in working out and diet, and knowing all about qualifying for the Olympics. A student calls it his books and study material. 
 
Different people know it with different names. They might not know that they are talking about the same think but they are. They are talking about knowledge, and knowledge is the first and foremost thing that comes in handy when you are battling doubts and uncertainties. 
 
It is information on whatever field you are entering. To manage risks better, we ought to have information about what we are dealing with. 

So we dig deep. 

 

2. The Studious Research:

(Where we Look Everything up)

“Digging deep” actually means that we look everything up. 

We open Google and prepare our fingers to start typing. We run search after search. We’d already gathered the surface data on our field work and now we needed to do the in-depth research. The one-on-one interviews, the authentic reports an personal experiences, and advice from people who’ve already been where we are right now. 

We make them our mentors. For some time we start worshipping these people, finding out about the smallest and smallest details about who they were and what they did. 

We start by learning how these people managed and worked their way out of risks. 

We leave no thread go unnoticed, no stone left unturned. 

In the end, we have sufficient data on how to plan everything for ourselves. 

 

3. We Plan:

(It Helps to Work With a Plan) 

This is where we do our own thing. After learning everything there was to it, we at last come to the part where we have to lock ourselves up in the room and shuffle index cards here and there on the table to formulate a breathtaking plan. 

We go through everything—every opportunity, every possibility, every idea, every thought. 

Then we take up the best ones. Almost like we are plotting a novel. We take up the ideas that fit together, and then put them with each other to complete the puzzle.

From a bunch of ideas, we are plotting the story of our life—and the life of our work. 

Then, comes the final step. The most important, and the hardest one. 

 

4. We Launch

(We Go all in)

We take that risk. 

Now that everything is set, we know that it’s time. We go all in. 

What we’ve been planning over since so many days, now the time has come fo put it to use. 

We don’t let anyone hold us back. 

We take that risk. 

In this post we learned how do we become a Risk taker, how do we prepare ourselves for any future challenge that might come our way.

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