3. Know when to take a risk. Don’t quit your job or end an important relationship on a whim! All justifiable risks have a time and a place—and that’s certainly not all day, every day. Ideal situations for risk taking are those where you have the time and/or resources needed to “rescue” yourself should your pre-determined worst case scenario present. The risks with the most at stake are also best taken when time is on your side and you can put contingency efforts—Plan B, C, and D—in place if needed. It’s also better to take a big risk when you are stable, such as when finances and life circumstances are on your side—optimally when you have a support system should things take a turn for the worse. All of that said, there is another ideal circumstance for a big risk that’s actually quite the opposite: when your back is against the wall, and you don’t have that much to lose. When your only way out is up, it’s time to take that leap of faith.
4. Leverage failure. Focusing on the positive is where your mindset should be, however, should you fail, you do need to deal with that reality in a constructive way. The most important aspect of leveraging failure is knowing exactly why you failed. Dissect the situation and identify all possible and real causes of the breakdown. It can also be helpful to enlist the help of a third party, such as a friend, family member, colleague or a consultant or life coach, who can lend objective outside perspective and provide neutral insight. Sometimes it’s difficult to “see the forest through the trees.” Only from a comprehensive understanding of what went wrong can you move forward with the same confidence with which you started. The second most important part is not losing hope. Don’t let failure consume you, but rather use it as a learning tool and a resource that will help you attain your next goal.
Before you embark upon a journey rife with risks, measure your resolve by first asking yourself if you are willing to go through four defeats to achieve the fifth win that makes you a success? Remember: “If at first you don’t succeed, try, try again.” No guts, no glory!
Article Appeared @http://thyblackman.com/2015/03/03/no-guts-no-glory-four-ways-to-ensure-fear-of-risk-wont-hold-you-back/