5 ways to use positive risk taking power
Let’s talk about the risk. Even if you are not considering a risky new move, then perhaps you have been taken some risks to reach today’s opportunity, and it is likely that you are not taking them.
In the recent podcast of Harvard Business School, Twitter co-founder Jack Dorsey has defined entrepreneurship in terms of risk taking. They say, “The definition of entrepreneurship is actually taking significant risks, usually financially, to make something.” “This means that someone can actually take on an entrepreneurial perspective, an entrepreneur does not necessarily make a business, this is just a very bold approach to taking the risk.”
Taking a bold attitude for a risky next step is not as difficult as it sounds. Here are some ways to exploit the power to take positive risks.
1. Fight negative bias
The world is full of uncertainty, for example, take the business world, which suffers especially from unexpected obstacles. In the last 50 years alone, we have seen the rise and fall of Fortune 500 companies and the creation of completely new industries. Every decision, including the decision to do anything, is the element of risk, entrepreneur and productivity expert Tim Ferris writes on his blog, “The problem is negativity bias – we increase the risk of some steps and weigh down on others’ opportunities. ”
“The biggest danger is not taking any risk. In a world which is really changing fast, the only strategy that is guaranteed to fail is not taking the risk.” -Mark Zuckerberg
Risky behavior is everywhere instead of deciding the outcome of the risk you have taken, try to evaluate the entire scenario, including the possible risks to maintain the status quo. “Risk is an essential stability of life, so your attention should be on taking the right types of risks that provide the right type of opportunity,” says Ferris. Some questions to ask yourself: Which risk is worth taking? Which exposure will give more meaning or happiness in my life? Which exposure will pay more in the long term?
As Facebook co-founder and Harvard Leader Mark Zuckerberg famously said, “The biggest risk is not taking any risk, in a world that is really changing fast, the only strategy that is guaranteed to fail is not the risk Has been. ”
2. Create self-efficacy
As the popular Ralph Waldo Emerson quote, “All life is an experiment, the more you use, the better it is.” Researchers have found that Emerson was on some of the entrepreneur researcher Norris Kreger Jr. and his 1994 on risk decisions In the study, and strategic marketing, Professor Peter Dickson found that self-efficacy and self-efficacy could increase with small and measured risk behavior, “I Oc can say that “positive psychology aims to increase achievement
The more you use, the better it is to keep them. And the more risk you take, the more positive you are to experience your risk. If the idea of taking risks still sweats your palms, then try to increase your comfort level by taking a small risk before opening a bigger one.
3. Be wise with your own risks
It is important to add that the belief of the building in taking risks does not necessarily mean that you will take a smart risk. It can be useful to create parameters or situations for every risky decision when Todd Goldberg, the co-founder of the Digital Event Organization Platform Evento, left his job in August 2013 to leave his start, he himself was important for a year Given for revenues or financing.
It has come to know that Goldberg was exclusively perfect in its one year limit. In September 2014, a little more than a year later, Ticketmaster bought Estanzaoy for an unknown amount. Goldberg says, “We have a number of teams that I can calculate-not a dozen investors, and the product that breaks important moments, just a couple’s name”. “In spite of this, we have taken a wonderful year in which the Y Combinator is being accepted in the winter batch, financing, making great progress on the product, and most importantly, is growing at a good rate.”
As a football player for Philadelphia Eagles, Emmanuel Hoe fully understands the various risks that come with his work. “The dilemma of many athletes: Is it now to maximize capital, now with my smallest window of time in my max NFL, or should I try to focus on opening doors for the future?”
It is not necessary to take the risk that you will take a smart risk. It may be useful to create parameters or situations for each risky decision.
Ako currently focuses solely on football, but during off-season, he spends his time in earning a Master’s degree and running an online community startup, remain blueber, “Startup is tough,” says Acho. “They are working very hard, even then it can be challenged in our blood and make some dangerous efforts. In the off-season, people were traveling and having fun, and I was still studying Was working and was hopeful that dividends are given in the long term. ”
4. It’s OK to “unsuccessfully”.
While “Fail fast!” The mindset of startups may seem weird, hopeful of failure can actually be seen as a method for success, New York University used a gambling experiment in which some participants were told that the losses were completely inevitable and acceptable, while others There was not a single pipe discussion. At the end of the study, participants were not expected to be disappointed at the loss, and they were able to beat their colleagues due to more intelligent risks.
Know that failure is an option and comes with a plan how to handle the loss, being mentally prepared, helps you to take positive risk without fear of unexpected, which is the most risk-taking Crippled component can be.
After analyzing a risky opportunity for death, sometimes it is best to listen to your stomach and do so, Goldbag says, “Now that I’m on the other side and started the eventou, I It is learned that even startup is not as dangerous as creating and even connecting. ”
“You will learn more in five years of your ‘normal’ job in two years, you need to be rich, which comes about creativity and performance, which can be a powerful thing. You often play a bigger role in some It is expected that millions will be affected. Besides, if all of them are separated, you can always get another job. “