Daily Nugget of Gold 1338

The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg

Daily Nugget of Gold 1338

Risk Taking

Sounds risky, doesn’t it? Taking a risk. In today’s society we hear about the risks of things through the media, our mothers, and from our friends sometimes. We often hear things like people who (fill in the behavior) are 30% more likely to die from (fill in a disease) if they keep doing it. That sounds bad, doesn’t it? Well, suppose the risk of an normal person is .01%, meaning that one person out of 10,000 would normally die from the disease. If the risk is 30% more if a person does such and such a thing, then that means the risk rises to .013, or 1.3 people out of 10,000. Which sounds worse to you, that you have raised your risk of dying by 30%, or that you have raised your risk by a third of a person out of ten thousand? We’re pretty sure that IF there is a “third of person” out there, they have bigger problems than their bad habits!

So many of the most successful people throughout history were known as “risk takers”. They’re known for “risking it all”, for “biting off far more than they could chew”. They sound reckless, don’t they? Yet, so many of the successful business leaders tried to succeed before and were abject failures. We could spend days and days on this topic, but we really don’t need to- you have the web at your fingertips, you could easily look this up. Let’s throw some names at you just for a start. R.H. Macy, who founded what we now call Macy’s made other failed attempts at retail.

Colonel Sanders who started Kentucky Fried Chicken did so after being fired from one job after another and receiving his first social security check at the age most people retire declared with disgust that he couldn’t live on that and set out to find a restaurant that would use his recipe. We highly recommend reading the Wikipedia story on that dude, it’s an amazing tale. Walt Disney was fired from a newspaper because he “lacked imagination and had no good ideas”. Bill Gates started a different company before Microsoft and failed.

Risk taking and success are inexorably intertwined. Taking a risk that most people wouldn’t brave is the very thing that separates leaders from wanna-be leaders. One thing about life, however, the risk is minimized by having a big vision, faith in your ability to overcome whatever obstacles you may face, and the longing to meet people’s wants and needs. Remember, you may increase your risk of failing by 30% by doing that thing you’re afraid to do, but how big of an increase is that -really- and how many times are you limited to trying again?

Question of the Day to Ask Ourselves

What can I do to get myself to begin doing what I know in my heart, I should be doing?”

Copyright 2015 Kevin Littleton, all rights reserved.

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