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Taking Risks
Posted By Ron On December 28, 2007 @ 1:00 AM In Business,Life | Comments Disabled
People avoid taking risks for different reasons. Some avoid risk because they fear looking foolish to their peers. Some avoid risk because they fear change. Most avoid risk because they have an understandable desire to maintain what they have and hold on to what they have. They believe a “bird in the hand is worth two in the bush” and thus never even try to capture those in the bush.
Technology has caused a great deal of fear in many people. They see others who are more technologically savvy as a threat because they don’t like some of the changes that technology has brought about in business and society. Just yesterday, I overheard someone talking about how robotic technologies in a local plant have “taken jobs from hardworking people.” By taking this very shortsighted approach, a business would be sentenced to failure because it would never change, never grow, never achieve higher levels of productivity.
Let’s face it. Everything changes. Customers change, the economy [2] changes, the marketplace changes, the competition changes. What is a bigger risk: going after those two birds in the bush, or falling behind the times in a constantly changing world?
Risk takers become risk takers because they take risks. That sounds like a “duh” moment, but consider this: When someone takes a risk, they learn, whether they succeed or fail. Some of the most successful individuals in the world boast that they learned the more from their most abysmal failures than they did from their most astounding successes.
Fear of failure robs you of confidence, but risk takers build their confidence every time they take a risk.
Here are some tips to help you overcome the fear of failure and get in the game:
Don’t be afraid to fail. Every failure brings you closer to success. Make sure you examine your failures as well as your successes to insure that you can capitalize on what works.
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