The Risk of Fear
Fear is a part of our natural reaction towards certain things in our everyday life. Everyone has experienced it, you might be scared to start up a business, invest into the stock market, or maybe someone might be scared to ask someone out for dinner.
People have their own perspective on all of these decisions, but our brains will make a final decision based on the calculated risk. Many people tend to equate risk towards total failure. Failure is defined as a lack of succes in certain aspects of their life. Our brain will give us it’s own personal outcome by using our emotions, which leads to either fear, greed, self confidence or other possible outcomes. So next time, when you will decide to not take action because of fear, ask yourself, why. You might be missing out on something which might become a huge opportunity.
Then how will we be sure to know if we are taking a well calculated risk? How do we get a different perspective on the possible outcomes of certain actions? How do we lose our fears and seek for a riskier lifestyle?
One of the main things is, to take your time and carefully analyse the situation you are dealing with. It most likely seems like advice anyone could give, but it is important to have the right fundamental mindset when you are considering to take a certain risk. Taking your time will eventually benefit you as you will notice that there are multiple different possibilities. From here on you can create your own personal evaluation as you can go from step A to step B.
There are several ways to move on from knowing what fundamental mindset you need to possess. You might go all in and see the risk as a learning opportunity, or you might want to take it a bit more carefully due to the fact that you might have a lot on the line after taking a certain risky move. One of the most crucial parts of lowering your risk is by simply taking action based on the knowledge you have. For example, if you would like to start up an AI company, it would definitely help and lower the amount of risks, if you would know a lot about AI and the potential benefits for not only business partners but also potential investors. Sitting back and doing nothing, might seem like the least risky and safe option, but it decreases the perceived risk. If not doing anything might lead to the same outcome as taking action, it is not much different from each other and definitely worth taking the risk, and the lesson following the action taken. However, if one uses its knowledge and takes the risk eventhough there are a number of possible outcomes, the risk lowers with a significant amount. Thus, taking action with the applicable knowledge, will always lead towards the right outcome.
Everything you do has a certain amount of risk, only your knowledge will help you to get the answers for these judgements based on the unknown/unanswered things. Now it is not only my, but also your time to strive for answers and attain our goals.
