Have you ever wondered why successful people risk so much or why they failed so many times in their lives to realise their dreams? In this post, you can discover why failing and taking risks is so important in the never ending chase of our dreams.
Many have been wondering about what is up with this popular movement of risk takers and preachers about success. In this society, you are taught that only a few can succeed and that it is much safer for you to keep your 9 to 5 job, to save money for retirement or to only put your money in the safest investments such as funds. All of this is based on only one assumption, the risk is too big. By risking, you become vulnerable to failure. You can lose everything in just moments.
Only the people who do not risk anything can live a happy, peaceful life…
This is the mainstream ideology of nowadays society. But is that really the truth? Is it really better for you to stay away from taking any risks to prevent failure? As always, we need to take a step back to be able to see things from multiple perspectives. How do people perceive the word risk? It usually awakens a really negative feeling in us, as if the risk was something we should hide from, we shouldn’t stand up to.
But is it really something that scary? Let’s analyse a very simple example of taking a risk. Say, there is this great ice cream shop that our friend Jack really loves. However, he only buys their chocolate ice cream, because he knows for sure that this flavour tastes great. One day, he went there with his friend. They both bough ice cream and finished it. Jack, as always, got the chocolate flavour, but his friend bough lemon. When they finished eating, his friend told Jack that the ice cream didn’t really fit his taste, but he thinks that Jack would totally love it! Additionally, there was a sign in front of the shop saying that their lemon ice cream is a limited edition and will be gone very soon. This left Jack wondering, should he also try lemon? This shop is pretty expensive after all and spending his money on something he might not even like would be such a waste. He could simply buy chocolate and be as happy as usually. On the contrary, he could discover that lemon taste is so much better than chocolate and that he wasted his money buying a mediocre flavour.
Is it really worth it? Should Jack take the risk and try lemon?
First, answer this question for yourself. Was your answer a no? If so, that’s completely fine. Let me explain why we think he should.
What happens in case Jack does not try the lemon flavour? This choice has only one possible outcome. Nothing happens. But the fact that nothing happens doesn’t mean that this choice has no consequences. Every time Jack visits his favorite ice cream shop, he will have this weird feeling of a missed opportunity. A missed opportunity of tasting something he can no longer taste. In other words…
…he will regret not trying the possibly amazing lemon flavour.
Contrastingly, what happens in case Jack does try the lemon flavour? This choice has two possible outcomes. Firstly, Jack will totally love this flavour and will come tomorrow and the day after hoping the lemon flavor is still available, being very satisfied. Secondly, he might end up like his friend, not liking it that much. But what is the consequence of that? Jack will simply keep on buying chocolate and will never think about buying lemon again. Additionally,…
… he will learn that he doesn’t like the lemon ice cream from this shop.
And he will not regret missing his chance, except a little pain of paying a few bucks for something he didn’t enjoy. So why do we think that taking the risk was the correct choice? Because considering the consequences of both choices, taking the risk leaves Jack much better off. This is due to that fact that Jack won’t remember losing a few bucks next week, but he will definitely remember that they used to have this possibly great ice cream he never tried.
The lesson for today:
“How do people perceive the word risk? It usually awakens a really negative feeling in us, as if the risk was something we should hide from, we shouldn’t stand up to.” – Is this perception really correct? Why would you hide from the risk, if you know that only two things can happen? You either win, or you learn from your mistake and move on.
“What happens in case Jack does not try the lemon flavour? This choice has only one possible outcome. Nothing happens.” – It is important to remember that if nothing happens, you do not win neither you learn. This means that the opportunity you were provided with is gone without any benefit for you.
“In other words he will learn that he doesn’t like the lemon ice cream from this shop.” – Remember that there is no success without learning. Knowledge is the kind of wealth nobody can steal from you. Learning new things, experiencing new stuff, encountering new roadblocks, that is the way to success.
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