Taking Risks

Posted by admin on Wednesday Jul 7, 2010 Under Uncategorized

riskWhat is your risk tolerance?   For some taking risks is very uncomfortable and avoided whenever possible. For others, risk is a necessary part of everyday life.  I fall into the ladder category.  Risk taking is part of my make-up.  In my experience, some of the risks have led to failure and some to success.  The failures and successes are valuable opportunities to learn lessons and grow.  Hopefully the lessons lead to creating successes again and again and help us to be aware and avoid the risks that led to failure.

For some people, they look so deep into the potential opportunity that they avoid the risk because they find something that scares or alerts them of  possible issues or problems.  If we look too deeply into almost every opportunity, we may pass on the opportunity.  There is always going to the good, the bad and the ugly to every opportunity.  Does the good outweigh the bad?  Does this opportunity feed into our passion and purpose? 

Like deep relationships, it often takes years to fully realize the value of opportunities we act on.   We must be patient and wait to judge the value of the opportunity and the corresponding risk until enough time and experience has passed where we can make a fair and informed decision to stay on the path or go another direction.

 Action Plan: Today’s action plan is two fold,

1. Reflect on opportunities that you passed on which posed to much risk in your personal or professional life and re-evaluate those risks.  Did you pass on an opportunity that you should have taken advantage of?  Is it possible to revisit that opportunity and move forward.

2. Reflect on if you over prepare and over analyze every opportunity and potential risk to the point of passing too often on opportunities you should be moving forward with.

Where is your risk tolerance?

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You can learn more about me on my web site at http://www.darylwizelman.com

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http://www.bookmasters.com/marktplc/02877.htm

Daryl

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