Most people tend to fall into one of two categories, those that don’t like to take risks and those that seem to come to life taking risks. Regardless of which category you fall into, taking risks is a must if you want to be successful in life.

Don’t take me wrong, I’m not saying that you should take every risk but many people view risk taking as a negative factor, but if you actually think about it and put risk taking into perspective, there are smart risks such as learning a new skill, and poor risks such as choosing to speed in a school crossing zone. While these two risks are pretty obvious, there are many other risks that don’t jump out as obvious, so it takes some thought and consideration to choose which risks are smart and which aren’t. However as a business owner you can’t go through your daily life without taking any risks, if you do, your business won’t go anywhere, the secret of course is to select the smart risks and then to manage them.

Opportunity Disguised as Risk

Sometimes we will view something as a risk when it is really a wide open door of opportunity. If you view all change as risk, you might be missing out on something truly spectacular. That risky and maybe scary offer to speak at an a business or trade function is not just a risk, it’s also an opportunity to widen your horizons and succeed on a whole new level. So what if you don’t have experience speaking in public; so what if you’re not sure if you’re going to do well. You will learn how to do it, and you’ll practice and likely you’ll succeed and remember everyone that you have heard speak had to start somewhere.

Risk Taking Improves Confidence

Remember the first time you got behind the wheel with your brand new driver’s license all alone? You were probably excited and scared. And, believe it or not that was probably one of the truly most risky things you’ll ever do in your life that has true life or death consequences. But, as you get behind the wheel more and more, your confidence builds in your ability to drive, and pretty soon you are actually a better driver as your now confident and in more control.

It’s the same with taking risks in your business life, most of the time you won’t be risking life or death, instead you’ll likely be risking something like embarrassment or failure. The more times you succeed, the more confidence you’ll build in your abilities to keep you moving forward.

When You Take Risks You Keep Learning

When you stay in your comfort zone you’re not going to learn anything new. To be honest, not learning anything new in this day and age is actually the most dangerous risk of all. Why? Well, you don’t see a whole lot of people making money today from making VHS tapes or hiring out DVD’s, for example. And it could be the same in your chosen niche today. Will people still be doing, making, and offering what you offer five years from now? What about ten years from now?

Keep moving forward by taking risks to learn more so that you can move forward seamlessly with technology, and you’ll always stay one step ahead of the competition.

Finally, remember that if you have dreams and goals in life you’ll need to take some risks to move forward. No one ever made it big, by staying safe. Every single mover and shaker you know about took a risk. They evaluated the risk and determined they could live with the worst case scenario and then moved forward and grabbed the risk by the throat and turned it into success. What risk are you going to take next?

Understanding Risks and Why You Must Take Some
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