Risk Taking & Business Success

We are a society that admires risk takers.  We cheer on the person confidently clinging to a silver brief case While Howie Mandel waits for a phone call from a banker looking down from his corner office in a high corner of the studio.

Olympian skiers fly down hills at bone crushing speed and Brett Farve fights to the finish with bruised ribs and knees.

Risk in Business

In business we are told to push the envelope, and think outside the box. The risk takers see great success as new products and businesses are launched, yet we don’t see the trash bin out back full of half baked failures.  But a willingness to face the possibility of failure is just what it takes to come up with something new and improved.

The word improve has a root word and that is improve.  If we want to see improvement we need to experiment or be improvisational.  This skill is used by teams coming up with new product ideas or brainstormers who develop creative solutions to problems. This skill is deftly used by great public speakers and leaders who seem to be able to effortlessly think of their feet.  It is a valuable skill that can be learned and applied.

Even though we cheer on risk in others, we tend to shun risk in our own lives and work.  It seems much preferable to curl up in bed and watch Cheers or Gilligan’s Island than go out into that cold cruel world each day.

There are ways to face out fears and move forward with confidence and a positive attitude.

That confidence comes from practice and experience.  There are ways to develop this skill and we can study the lives of those who had success to learn its secrets.

One basic secret is that there will be ups and downs and that we must learn from both. No one is 100% successful in each project or endeavor. Yet there will be no success unless and attempt is made. We must step out are take a risk. Sometimes we will succeed other times come close. We can also learn from those near misses.

It took Thomas Edison over 2000 attempts to make a working light bulb. He commented after another failed attempt, “We now know a thousand ways not to build a light bulb.”  With each attempt, he discovered something – another way that does not work.

Thomas Edison also said, “I never failed once. It just happened to be a 2000 step process.”

If you would like more information about my motivational speaker and keynote presentations, check: InspireBiz.com

Tags: , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: