Risk Taking Skills was discussed on our Weekly Business Development Podcast, ¬†You Can Build It Talk Show, on November 3, 2010.
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Many people shun the opportunity of engaging in Business Pursuits because of the Fear of Risk, but as we discuss in the Podcast, developing the Risk Taking Skills through reading, experiences and asking questions of others of similar experience can allow a MORE Calculated Risk.
Risk is an inherent facet of LIFE. Our society, however,¬† seems to have been directed many towards a Safe Haven Utopian concept of Entitlement and “Guaranteed” benefits. I have wondered if this isn’t a Collective Activity to suppress Creativity and Individuality.
The analogy of becoming a better Card Player, Poker Player through Training and Practice, always being aware of the RISK of the Gamble, is valid; since the requirement of increasing your ODDS of Business Success are base on Training and “practice”
I have personally suffered some “Bad Business Hands” and those experiences directed me to gather more Knowledge and increase my Risk Taking Skillset. This increased time and energy invested in gathering more knowledge (training) and practicing good habits, has paid off handsomely.
But all work and no play can make one a Bore, so I have always enjoyed “competing” in various activities and playing cards with skill is an enjoyable Diversion, Our community has regular Card games scheduled with small wagering on a regular basis. Many of us Senior citizens realize the Value of Mental stimulation.
But more important is to keep your options open, research the parameters affecting business decisions and then ACT NOW!
What are your thoughts?
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