Taking Risks Towards Success

LEADERSHIP & MOTIVATION | 5 MIN READ

Steve Jobs and Mark Zuckerberg didn’t found and established Apple and Facebook overnight. They did a lot of hard work but most importantly they took risks, — A LOT OF IT. Jobs did a lot of risk-taking to innovate Apple’s products and Zuckerberg risk getting his own Harvard degree to focus on developing Facebook. As an entrepreneur, you need to know that, SUCCESS GOES ALONG TAKING RISKS. In this article know the tips on taking risks that can help you with your business.

Understanding the possibilities.

Know that there are things worth risking and not worth risking at all. You need to analyze certain situations to come up with a sensible decision When you take risks, of course, it’s normal to want something or expect something in return but keep in mind that you might not get the end result you want, Taking risks is way better than not taking at all.

Don’t overthink.

When you take a risk, you can’t help but overthink a little. Know that overthinking and being realistic are two different things. Overthinking makes you doubt the decision you made and you are just giving yourself too many worries but with being realistic, you are being open-minded with the possibilities your risk-taking might bring.

Go the other way.

“Take the road less taken.” that’s a phrase that is commonly associated with taking risks. You go out of your comfort zone when you take risks, it may be scary sometimes but it’s better than NOT RISKING ANYTHING AT ALL, right? It’s normal to feel fear but you’ll overcome it eventually.

Have a plan.

Start from small things, from the things you know you can do and to the things you need to know. Always remember that it is better to keep moving than to stay in the same place. You may not be that fast compared to others but at least you’re moving forward.

Focus on yourself, not on others.

We have different types of characteristics and capabilities and instead of comparing yourself to other people, make the achievement of others as your inspiration. Envying others success won’t get you anywhere so why don’t try to focus and improve on yourself.

Have a backup plan.

Not all plans might be successful in the end, but always remember that your plan A may not happen the way you want it to be, there are still other ways to achieve your success. There are still lots plans like plan B, C, D, etc. Just don’t give up on your dreams.

Risk taking is a hard way to achieve your dreams, it may be rocky and give you reasons to give up but think of it as a first step. Your initial trial will never define you as an individual. After all, taking risks only have to results, either you succeed or you learn.

How about you? What were the risks you took for your business? How did it affect you as owner and your business as well? Share your experience in the comment section. Don’t forget to share this, who knows, sharing this article might help a colleague of yours.