Tuesday, July 14, 2015

How to Make A Calculated Risk In Life

There come times in your life when you have to make choices that involves risk.  These choices are risks because they have an unknown outcome such as job/ career changes, relocation from family and friends, leaving or starting a relationship, following your dreams when others think it's silly.  Taking a risk is exciting, but scary.  By taking a risk, you are entering uncharted water.  Depending on your personality, you may thrive by risk taking or be scared to death of it.  Either way, you know you need to take the risk because you hope that by following this choice, you will be happier and more fulfilled then you currently are.

I'm in the middle, I love risk taking because it's exciting and challenges my creativity.  However, I'm also scared of it because I I need to think about how it with affect my growing family. Over the past week, I have had to make a choice that involves a risk regarding Handbrewed Soaps.  The biggest question I had was, "Why would I take this risk?"  To discover the answer, I took out a piece of paper and did a brain dumb on the following four sub -questions.

1)  How does this risk match with my mission and goals for my business and personal life?
2)  How does this risk challenge me in a creative, fun-way?
3)  How will this risk open me up to new opportunities and experiences?
4)  What fears does the potential risk bring up for me?

Questions 1-3 are more about practical application.  My family and how I structure my business life around them is VERY important.  If it fits into our family/business lifestyle, then it's a go!  If it's a fun challenge that will open doors for me, then count me in!  Question #4, however, is the most important sub question because this is usually my "NO!" instinct!  This is what threatens my comfort zone. By naming this fear, it has been acknowledge and the "sting" is taken away!  If #1-3 point to yes, but #4 points to a no, well then, I'm taking the risk!  But if there is any concern in #1-3, it's a no go... no matter how tempted I am.

Again, I am no expert, but this worked for me! And yes, I am taking the risk... (details to follow!) What process do you go through when contemplating a risk?

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