
026: Taking a Calculated Risk
08/19/20 • 7 min
“I do not choose to be a common man, it is my right to be uncommon. If I can I seek opportunity, not security. I want to take the calculated risk - to dream and to build, to fail and to succeed, to refuse to barter incentive for the dole. I prefer the challenges of life to guaranteed existence, the thrill of fulfillment to the stale calm of utopians.” - Peter O'Toole
You can minimize the downside of taking a risk by calculating all of the risk factors involved. And I'm not talking about deep analytics and artificial intelligence with complex equations because ain't nobody got time for that.
What's essential to success in any of these facets of life is taking a calculated approach in your decision making process. And in your risk tolerance assessment, minimize the negatives, maximize the positives.
It's important to note that not all risks are created equal. At the end of the day, you've got to put the hard work in to determine that the chances of success in this opportunity are higher than the chances of failure.
Fear actually causes you to overestimate risk, which is not helpful at all.
#TheMotivationMovement @mRuddo mRuddo.com
Click to view: show page on Awesound
“I do not choose to be a common man, it is my right to be uncommon. If I can I seek opportunity, not security. I want to take the calculated risk - to dream and to build, to fail and to succeed, to refuse to barter incentive for the dole. I prefer the challenges of life to guaranteed existence, the thrill of fulfillment to the stale calm of utopians.” - Peter O'Toole
You can minimize the downside of taking a risk by calculating all of the risk factors involved. And I'm not talking about deep analytics and artificial intelligence with complex equations because ain't nobody got time for that.
What's essential to success in any of these facets of life is taking a calculated approach in your decision making process. And in your risk tolerance assessment, minimize the negatives, maximize the positives.
It's important to note that not all risks are created equal. At the end of the day, you've got to put the hard work in to determine that the chances of success in this opportunity are higher than the chances of failure.
Fear actually causes you to overestimate risk, which is not helpful at all.
#TheMotivationMovement @mRuddo mRuddo.com
Click to view: show page on Awesound
Previous Episode

025: The Motivation Movement (RELOADED)
“Failure should be our teacher, not our undertaker. Failure is delay not defeat. It is a temporary detour, not a dead end. Failure is something we can avoid only by saying nothing, doing nothing, and being nothing”. - Denis Waitley
We learn from failure; we don't cease to exist after a failure. Avoiding failure actually signifies that you're not taking action, that you're not taking risks, and that you're not taking those critical, defining moments style leaps of faith that we always hear about . . .
Procrastination isn't the fear of failure. It's actually the exact opposite. It's the fear of success.
Anything worth doing should make you nervous. You should always consider the risk and reward. But if you keep turning down opportunity after opportunity, I'd say now's your time to jump in the frying pan and just start scrambling.
#TheMotivationMovement @mRuddo mRuddo.com
Click to view: show page on Awesound
Next Episode

027: Disrupt - Break the Mold
On a Friday, you want to be able to look back on the week and think, “Damn, I crushed it! I did everything or mostly everything I said I would do.” There's no better feeling than truly believing you gave it all you could, and you left your mark on the week.
If you've ever felt alone on your path, realize that you're in very good company, because almost all of the greatest people throughout the course of history chose to break the mold and they chose to walk on their own path.
Starting right now, I challenge you, everyone listening, to walk your own path, and don't compromise your beliefs for anyone else. Take the first step and never ever turn back.
#TheMotivationMovement @mRuddo mRuddo.com
Click to view: show page on Awesound
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