June 30, 2006
Taking Risks is Necessary for Success
There is an excellent post about risk taking and success up over at Achieve It. Here are the highlights:
“So how do you break out of the comfort zone and start taking risks?
1. Research - Read, take classes, seek counsel about what you want to do but are afraid to risk.
2. Start small - To become a wise stock investor, you will probably start with CDs or mutual funds. To master water-skiing you can start out tubing to adjust to the speed and water. To master a network of 30 servers you must first master a network of 2 computers.
3. Raise the stakes once you learn - When you learn how to pick a stock, apply your knowledge to stock diversification. When you’ve mastered basic skiing, take a risk by jumping the wake. When you’ve mastered your network, you can then risk offering new and better services to your clients.
Being one of the few who is willing to risk can lead to greatness. A boxer must risk a hit to score a knockout. An actor must risk an audition to start a career in show business. And to reach the greatness you seek will require risks as well. Start out slow, gain the experience…but then take the risk.”
Like it or not risk is necessary for success.
Filed under: Risk
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