{"id":37561,"date":"2016-01-05T20:08:31","date_gmt":"2016-01-06T04:08:31","guid":{"rendered":"https:\/\/www.pickthebrain.com\/?p=37561"},"modified":"2016-01-10T20:44:09","modified_gmt":"2016-01-11T04:44:09","slug":"7-secrets-becoming-successful-risk-taker","status":"publish","type":"post","link":"https:\/\/www.pickthebrain.com\/blog\/7-secrets-becoming-successful-risk-taker\/","title":{"rendered":"7 Secrets to Becoming a Successful Risk Taker"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p id=\"menu:\">Let\u2019s talk about risk taking. But before we move on, let\u2019s get one thing out of the way: if you\u2019re reading this (or listening to the podcast)\u2014it\u2019s likely you want to become more of a risk taker in life. I\u2019m sure, of course, you don\u2019t want to start taking risks for no good reason; but because there\u2019s a gap between <em>where you are NOW<\/em> and <em>where you WANT to be<\/em>.<\/p>\n<h4 id=\"ep109:7secretstosucceedingasarisktaker\u2022listenonitunesbla5\">LISTEN TO THE AUDIO-VERSION OF THIS\u00a0<a href=\"https:\/\/itun.es\/i6S53dg\" target=\"_blank\">ARTICLE ON ITUNES<\/a><\/h4>\n<p>Right about now, you might be thinking, \u201cDuh, dude, that\u2019s what I\u2019m here for.\u201d But some of us still aren\u2019t quit sure if becoming a risk taker is as fruitful as all the cheesy self-help gurus tell us in their pump-up-speeches\u2026 So let\u2019s be upfront about it: Becoming a risk taker isn\u2019t for everyone. If you\u2019re unsure about whether upping your risk-taking game is the right move for you, then you may want to move on to something else. Because persuading you to become a risk-taker is <em>not<\/em> the purpose of this article\/episode. Instead, this piece is for you if you\u2019ve already made up your mind\u2014you currently believe you need to become more of a risk taker\u2014if you want to achieve a higher level of success in life.<\/p>\n<p><strong>The purpose of this piece, then, is to show you\u2014or maybe remind you\u2014what it takes to become a <em>successful<\/em> risk taker,<\/strong> touching on all aspects of life, but mainly focusing within the context of building a successful career\/business doing meaningful work. But regardless of who you are, where you\u2019re at, or what you do, you\u2019ll be able to translate these ideas on risk taking and apply them in your own life. So, let\u2019s dive in, shall we?<\/p>\n<h2>Risk taker tip 1: Be ridiculously irrational.<\/h2>\n<p>When I quit my cozy corporate gig to <a href=\"http:\/\/www.meaningfulhq.com\/do-what-you-love-for-a-living.html\">start doing what I love for a living<\/a>\u2014which is to inspire greatness in people everywhere\u2014I took a major, major risk. For example, when I started my own business, I\u00a0barely had enough in the bank to support my lifestyle for more than 3 months!<\/p>\n<p>Back then, I barely had enough space in my apartment to work from home. So what did I do? I invested a chunk of my resources on a quality MacBook Pro. Then I converted my kitchen into an office-space\u2013slash\u2013studio to record <a href=\"http:\/\/www.audibletrial.com\/dean\" target=\"_blank\">motivational audiobooks<\/a>\u00a0and <a href=\"https:\/\/itun.es\/i6S53dg\" target=\"_blank\">podcast episodes<\/a> in.<\/p>\n<p>On top of all that, quitting my job to chase my calling <em>also<\/em> meant I had to:<\/p>\n<ul>\n<li>get a new car (since the one I had\u2014company car\u2014wasn\u2019t really mine in the first place)<\/li>\n<li>begin generating enough revenue to support myself before I started seeing too many holes in my (already tiny) 3-month safety net to keep going. And last but certainly not least, I knew I\u2019d have to\u2026<\/li>\n<li>bust my butt\u00a0harder than I ever had before\u2014<a href=\"http:\/\/www.meaningfulhq.com\/decision-fatigue-no-matter-what-commitments.html\">no matter what<\/a>\u2014all while making smart decisions about what to focus on (money-making opportunities) and what to ignore.<\/li>\n<\/ul>\n<p>This is stressful stuff we\u2019re talking about here. No living, breathing human being of average intelligence would do something like this if they were thinking rationally. In fact, <a href=\"http:\/\/literacyconnects.org\/img\/2015\/07\/Raising-Smart-Kids-and-Adults.pdf\" target=\"_blank\">studies show<\/a> that the smarter you are, the more risk-adverse you are. Why? Because rational thinking helps you determine how worthwhile and meaningful a new undertaking (aka: risk) will or will not be. So, if you were thinking rationally about risk taking, you might say:<\/p>\n<blockquote><p>I\u2019m already making $XYZ per year. Sure, I don\u2019t love my job, but I\u2019ve got some heavy bills to pay\u2026<\/p><\/blockquote>\n<blockquote><p>What if I don\u2019t succeed? What if I fail? What if I screw up and make a fool of myself? What will people think?<\/p><\/blockquote>\n<blockquote><p>Maybe starting that business isn\u2019t a good idea after all.<\/p><\/blockquote>\n<p>And on and on and on\u2026 Now all the rational, perfectly justified reasons <em>not<\/em> to become a risk taker start flowing into your periphery and begin clouding your judgement; crushing your dreams for a better future, like Donald Trump\u2019s presidential campaign. Before you know it, you\u2019ve convinced yourself that it\u2019s a bad idea to take that risk. That it\u2019s better to stay safe\u2014to stay rational.<\/p>\n<p><strong>But being ridiculously irrational is a different story.<\/strong><\/p>\n<p>Being ridiculously irrational is <em>not<\/em> about \u201cthinking positive\u201d and refusing to acknowledge the realities of a given situation. Being ridiculously irrational is about being irrationally optimistic about the <em>future<\/em>. It\u2019s about <a title=\"target=_blank\" href=\"http:\/\/www.meaningfulhq.com\/developing-a-vision.html\">developing a vision<\/a> and using that vision to help you muster up the\u2014courage\/energy\/intensity\u2014whatever it takes, to persist until you succeed.<\/p>\n<p>But why go on when you keep falling down? Because\u2026<\/p>\n<h3>Prefer audio? <a href=\"https:\/\/itun.es\/i6S53dg\" target=\"_blank\">Listen to this on iTunes<\/a><\/h3>\n<h2 id=\"risktakertip2:asuccessfulrisktakerisashorttermpessimistandalong-termoptimist.\">Risk taker tip 2: A successful risk taker is a short term pessimist and\u00a0a long-term optimist.<\/h2>\n<p>I remember when it was really getting down to the wire for me. When I was trying to figure out a way to sustain my dreams and do meaningful work. I remember how I kept on trying idea after idea, getting super-excited about each of them, only to watch them fail, one right after the other. It seemed like nothing would work.<\/p>\n<p>But for some reason, I knew it would work out. I knew it in my core. Not only did I know I\u2019d be okay, I knew I\u2019d be insanely successful. It would just take a <em>little<\/em> more time. How much more time? I didn\u2019t know. And you won\u2019t either. But what you <em>do<\/em> need to know is this:<\/p>\n<p><strong><em>Most of the stuff you try\u2014most of the risks you take\u2014will not work. And that\u2019s okay. Because what doesn\u2019t work today, will lead you towards what works insanely well tomorrow.<\/em><\/strong> \u2014<a title=\"target=_blank\" href=\"http:\/\/ctt.ec\/5afS4\">Click-to-Tweet<\/a><\/p>\n<p>For me, it wasn\u2019t about what didn\u2019t work yesterday, or what\u2019s not working today. It was about what would work tomorrow. It\u2019s always been that way for me, and I can\u2019t point to one specific turning point that made me shift my mindset towards this direction. But I know it works. Become a short term pessimist <em>and<\/em> a long term optimist. It\u2019ll pay off. Trust me.<\/p>\n<h2 id=\"risktakertip3:dontlistentodreamkillers.\">Risk taker tip 3: don\u2019t listen to dream killers.<\/h2>\n<p>I remember every one around me kept telling me to stop trying and just get a regular job like \u201ceveryone else.\u201d I remember telling them to fuck off.<\/p>\n<p>I\u2019d made a promise to myself that I would never allow myself to become enslaved by any person or company in exchange for a paycheck ever again. I\u2019d much rather serve people in a meaningful way, doing something that matters to me.<\/p>\n<p>You can do the same thing. Don\u2019t let dream killers prevent you from achieving your goals. You have greatness within you. And YOU are responsible for sharing that greatness with the world. Don\u2019t let dream killers crush your inspiration. Distance yourself from them. And if your dream killers are people you happen to love and care for, make the intention of coming back to help them out once you\u2019re strong enough to do so. Right now though, you need to be focused on surrounding yourself with inspiring and encouraging people and things. Things like the following little nugget of wisdom written by the famous playwright, Neil Simon:<\/p>\n<blockquote><p>\u201cDon\u2019t listen to those who say \u2018you taking too big a chance.\u2019 Michelangelo would have painted the Sistine floor, and it would surely be rubbed out by today. Most important, don\u2019t listen when the little voice of fear inside you rears its ugly head and says \u2018they all smarter than you out there. They\u2019re more talented, they\u2019re taller, blonder, prettier, luckier, and they have connections.\u201d I firmly believe that if you follow a path that interests you, not to the exclusion of love, sensitivity, and cooperation with others, but with the strength of conviction that you can move others by your own efforts\u2014and do not make success or failure the criteria by which you live\u2014the chances are you\u2019ll be a person worthy of your own respects.\u201d<\/p><\/blockquote>\n<p><em>A person worthy of your own respects.<\/em><\/p>\n<p>Love that.<\/p>\n<h2 id=\"risktakertip4:yoursuccesswillbeindirectproportiontotherisktheyrewillingtotake.\">Risk taker tip 4: Your success will be in direct proportion to the risk they\u2019re willing to take.<\/h2>\n<p>When you walk up to the insanely attractive girl\/guy at the mall and say hello\u2014you\u2019re taking a major, major risk. But what if s\/he\u2019s \u201cthe one?\u201d<\/p>\n<p>When you decide to walk into the gym and start working out\u2014regardless of how fat or flimsy you look compared to everyone else\u2014you\u2019re taking a major, major risk. But what about all the energy, vitality, and physical changes you\u2019ll get to enjoy with your new gym habit?<\/p>\n<p>When you decide to quit your job and take that risky-but-promising leap of faith\u2014you\u2019re taking a major, major risk. But what about the lifestyle that comes with doing work you actually find fulfilling?<\/p>\n<p><strong>The amount of success you experience will expand\u2014or shrink\u2014in direct proportion to the amount of risk you\u2019re willing to take.<\/strong><\/p>\n<p>I\u2019ve literally 10X\u2019d my I come since I quit my job and started my own business. And that\u2019s just the financial benefit I\u2019ve experienced as a result of making a \u201crisky\u201d career move\u2026 When I stop to consider all the <em>other<\/em> benefits\u2014the emotional, social, and spiritual impact that doing work I love has had on my life\u2014I totally understand that the risk was well worth it. Looking back now, it was almost a no-brainer.<\/p>\n<p>Oh, and by the way: I\u2019m not saying any of this to <em>impress<\/em> you, but to <em>impress upon you<\/em> that our success expands to the degree of risk we\u2019re willing to take\u2026<\/p>\n<p>80{54c12dad2cc2b53ae830e39915b1a3e70288dbcbbeb8bbf8395437c5dc3c512c} of the time, the more you\u2019re willing to put on the line, the more you\u2019re potentially going to receive in return. And that goes both ways\u2014negative <em>and<\/em> positive. One more time, just for good measure: The amount of success you experience will expand\u2014or shrink\u2014in proportion to amount of risk you\u2019re willing to take.<\/p>\n<h2 id=\"risktakertip5:becomesuccessfulbydevelopingagrowthmindset...\">Risk taker tip 5: Become successful by developing a growth mindset\u2026<\/h2>\n<h2>Prefer audio? <a href=\"https:\/\/itun.es\/i6S53dg\" target=\"_blank\">Listen to this on iTunes<\/a><\/h2>\n<p>Successful risk takers understand the obvious notion that big time risk-taking has its upsides and downsides. And the downsides\u2014like making mistakes or failing at things\u2014can really suck sometimes. But here\u2019s what separates the people that prosper from the people that perish:<\/p>\n<p><strong>MINDSET<\/strong><\/p>\n<p>Folks that succeed over and over again, have what\u2019s called a <em>Growth Mindset.<\/em> People that seem to keep getting stuck in life\u2014usually because they\u2019re holding themselves back\u2014have what\u2019s called a <em>Fixed Mindset.<\/em><\/p>\n<p><strong>What\u2019s a Fixed Mindset?<\/strong> As Carol Dweck puts it in her (super awesome and mind-expanding) book, <a href=\"http:\/\/www.getflashnotes.com\/mindset\" target=\"_blank\">Mindset<\/a>:<\/p>\n<blockquote><p>\u201cBelieving that your qualities are carved in stone\u2014the fixed mindset\u2014creates an urgency to prove yourself over and over.\u201d<\/p><\/blockquote>\n<blockquote><p>\u201cWhen you enter a mindset, you enter a new world. In one world\u2014the world of fixed traits\u2014success is about proving you\u2019re smart or talented. Validating yourself. In the other\u2014the world of changing qualities\u2014it\u2019s about stretching yourself to learn something new. Developing yourself.\u201d<\/p><\/blockquote>\n<p>Let\u2019s talk a little more about the latter\u2026<\/p>\n<p><strong>What\u2019s a Growth Mindset?<\/strong> Here\u2019s how Dweck explains it:<\/p>\n<blockquote><p>\u201cThis growth mindset is based on the belief that your basic qualities are things you can cultivate through your efforts. Although people may differ in every which way\u2014in their initial talents and aptitudes, interests, or temperaments\u2014everyone can change and grow through application and experience.\u201d<\/p><\/blockquote>\n<p>Want to boost your chances of success in business? In achieving your goals? In pretty much every area of your life? Develop a growth mindset.<\/p>\n<h2 id=\"risktakertip6:learnfrommakingmistakesratherthanlettingmistakesmakeyou.\">Risk taker tip 6: Learn from making mistakes, rather than letting mistakes make you.<\/h2>\n<p>Making mistakes doesn\u2019t feel good. But that doesn\u2019t mean you should let your <em>mistakes make you.<\/em><\/p>\n<p>Do not ever label yourself a \u2018failure.\u2019 Just because you fail at something, doesn\u2019t mean you\u2019re a failure. Always remember: failure is an event\u2014it\u2019s not a person. Learn from your mistakes, and make informed decisions as a result of having experienced them.<\/p>\n<h2 id=\"risktakertip7:learntodealwithyourfearoffailure.\">Risk taker tip 7: Learn to deal with your fear of failure.<\/h2>\n<p>The idea of trying really, really hard at something, and <em>still<\/em> failing\u2014of leaving yourself without excuses\u2014is one of the worst fear-driven ways of thinking around.<\/p>\n<p>Nothing will paralyze you faster than the fear of putting forth your best effort\u2014and still knowing that you might not succeed\u2026<\/p>\n<p>So what do most of us do instead? We only try <em>a little bit<\/em>. This way, in case we experience failure, we can say, \u201cI wasn\u2019t trying that hard anyway.\u201d<\/p>\n<p>This is a bullshit excuse.<\/p>\n<p>Why would you even take the time to <em>do<\/em> something if you\u2019re not going to do it to the best of your ability?<\/p>\n<p>Effort can be insanely terrifying because it robs you of all your excuses. Without effort, you can always say, \u201cI could\u2019ve been <em>this<\/em> [fill in the blank]\u201d or \u201cI could\u2019ve been <em>that<\/em> [again, fill in the blank].\u201d But once you try\u2014really and truly try\u2014you can say that anymore.<\/p>\n<p>We\u2019ve all heard the nostalgic man suffering from a mid-life crisis, talking about his high school football days, and how he coulda been pro if only he hadn\u2019t [insert excuse here] \u2026 You remember uncle Rico from <em>Napoleon Dynamite<\/em> right?\u2014Don\u2019t be that guy.<\/p>\n<p>An honest failure is better than never trying at all. Go all-out. Fail. Learn. Rinse and then repeat. Do this enough times and you\u2019ll succeed. Promise.<\/p>\n<h2 id=\"afinalword:beginbeforeyoureprepared.\">A final word: Begin before you\u2019re prepared.<\/h2>\n<p>Don\u2019t be a wussy. Be like a bull, and charge ahead instead. Begin before you\u2019re prepared.<\/p>\n<p>Good things happen when we begin before we\u2019re prepared. One of those things is this: we begin erecting our own building of courage\u2026 We build up a foundation for that building by taking courageous action. Every act of courage is like a brick. And every brick we lay builds a stronger foundation for our very own building of courage. The more we lay, the more courageous we get. Courage begets courage.<\/p>\n<p>W. H. Murray said:<\/p>\n<blockquote><p>Until one is committed, there is hesitancy, the chance to draw back, always ineffectiveness. Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then Providence moves too. A whole stream of events issues from the decision, raising in one\u2019s favor all manner of unforeseen incidents and meetings and material assistance which no man could have dreamed would have come his way. I have learned a deep respect for one of Goethe\u2019s couplets: \u201cWhatever you can do or dream you can, begin it. Boldness has genius, power and magic in it.\u201d Begin it now.<\/p><\/blockquote>\n<p>Be bold like a bull. Charge ahead with courage. If you do it consciously, things will seriously start taking shape in your personal life <em>and<\/em> your professional life.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of the stuff you try\u2014most of the risks you take\u2014will not work. And that\u2019s okay. Because what doesn\u2019t work today, will lead you towards what works insanely well tomorrow. <a href=\"https:\/\/www.pickthebrain.com\/blog\/7-secrets-becoming-successful-risk-taker\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":9145,"featured_media":37565,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[205,32,9,17,112,6,31],"tags":[4821,4381,4846,751,4631,66,4822,1960,4629,513,752],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>7 Secrets to Becoming a Successful Risk Taker<\/title>\n<meta name=\"description\" content=\"Most of the stuff you try\u2014most of the risks you take\u2014will not work. And that\u2019s okay. 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