How Do You View Risk?

by Jonathan on October 31, 2008

how-do-you-view-risk

If you’re not living the life you truly desire, what is it that keeps you from doing so? For many people, change represents a risk, and big change can represent an unacceptable degree of risk.

What kind of risk?

The risk that things will not work out the way we want them to.  In other words, fear of the unknown. Whether we like our current reality or not, there’s a certain amount of security attached to doing things we’re familiar with.

On the other hand, trying something new in order to improve our life creates room for a lot of what-ifs.  What if I try and fail? What if I invest my time and energy and things don’t work out.  What if I commit to this new relationship and it falls apart?

Anytime we think about trying new ways to improve our lives, questions are going to arise.  How we respond to those internal questions will determine whether we are willing to take risks or not.

Every new opportunity has some risk attached to it.

Whenever we venture outside of what’s familiar, we encounter the unknown.  Why do some people get excited about trying new things, while others fear them?  What’s the difference between excitement and fear?

Much depends on whether you are primarily pessimistic or optimistic.  For a pessimist, the negative what-ifs represent a stronger influence on their perspective.  The possibility that things will go wrong creates fearful expectation.

Some might say that this is a lack of courage, but that’s not entirely accurate.  It really has more to do with emotional anchors.  When past efforts have failed to produce the desired result, it’s easy to develop a response pattern based on past performance.  Internally, our emotional dialogue says, “Nothing like this has ever worked out before, why should it work out this time?”

On the other hand, the optimist may have a history of successes, which helps him to maintain a positive perspective.  He associates trying new things with producing exciting results.  For the optimist there is opportunity in the unknown.  This does not mean that he is more courageous than the pessimist.  It just means that his emotional anchors are different.  His internal dialogue says, “every time I try something new it turns out great, why should this be any different?”

Changing our response patterns

So, are we to conclude that our past performance will always dictate our view of the unknown?  Can we change our viewpoint from pessimistic to optimistic?

We certainly can, all we need to do is change our perspective.  Is the glass half full or half empty?  It depends on which have you focus on.  Does trying something new represent too much of a risk, or is it an exciting opportunity? Again, It depends on what you focus on.

If you focus on the opportunity, it will expand.  You will begin to notice new possibilities that you never saw before.  The more you focus on those possibilities the more optimistic you will become.

Being optimistic does not remove the risk

Remember, every opportunity has risk involved.  It’s not a case for removing the risk; it’s a matter of changing our perspective.  We don’t want to deny that there’s risk involved. But we don’t want to see the risk as fearful expectation.  Blind optimism is no better than paralyzing pessimism.

We need to achieve balance in our view of things, while still maintaining a positive perspective.  If our past efforts have not produced the desired result, then we should examine why.  There’s always a reason.  Once we understand the reason, we can take steps to change the results we produce.

Asking why something happened introduces logic into the equation.  This is a great way to destabilize unwanted emotional anchors.  The more you ask why, the less emotionally rooted the whole experience becomes. Past experiences do not determine future results.  Response patterns can be changed.  Used correctly, logic can help us to achieve that.

Our emotions are among our most powerful resource. Learning to use reason and logic to direct that power gives us the best possible results.

Do you think most opportunity involves risk?
Do you let risk prevent you from seizing opportunities?
The Lines are open!

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{ 11 comments… read them below or add one }

1 EMotivate November 4, 2008 at 9:14 pm

It is important to honestly evaluate risk. And always keep in mind that almost all of us have a gut-reaction to avoid risk…it is an evelutionary response I suppose. That little part of you that says “I am not being eaten by a saber-tooth tiger right now…but if I get out of the tree that may change…”.

EMotivates last blog post..Wanna Get Lucky? Four Secrets to Attract Luck and Good Fortune

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2 Frank J September 10, 2009 at 5:55 pm

Risk is a chance, but how much of a chance should you take. Think twice before you lay your life bets down.
Frank J´s last blog ..Do You Remember The Game Pong? My ComLuv Profile

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3 Jonathan - Advanced Life Skills September 15, 2009 at 9:35 am

Hey Frank, I agree. In reality, almost everything involves some degree of risk. We need to be bold but reasonable.

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4 Zuzanna M September 10, 2009 at 6:12 pm

Hello, Jonathan

Life itself is risky too. With many bacteria’s in the air, pollutions, traffic, luck of monetary means all accumulates to risk. Driving a car, it is also a risk. Therefore, if we are able to overcome the fear of facing life each day the risk factor will diminish.

Thank you for the thought provoking article.

Regards,
Zuzanna
Zuzanna M´s last blog ..IN MEMORIAM My ComLuv Profile

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5 Jonathan - Advanced Life Skills September 15, 2009 at 9:40 am

Good point Zuzanna, in fact it seems to be getting riskier every year. Still beats the alternative though!

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6 BunnygotBlog September 10, 2009 at 7:24 pm

I believe every challenge or failure is an opportunity.
Too many people see things only in black and white. They have to have a feeling of safety but as the person commented before me said there are risks involved in everything we do but it doesn’t stop us from driving or flying. We take that for granted we are in control of those situations but we aren’t.
If you fall off a horse, you get back on it immediately or you risk the chance of becoming afraid for the rest of your life.
Taking chances should be as easy as long as you are using common sense and taking responsibility of your own actions.
BunnygotBlog´s last blog ..Labor Day Weekend – Summer Sendoff My ComLuv Profile

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7 Jonathan - Advanced Life Skills September 15, 2009 at 9:47 am

You said it all Bunny, thank you!

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8 Mark Lewis September 11, 2009 at 6:07 am

I too believe there is an abundance of opportunity in everything. The toughest part is realizing that opportunity, often in the midst of irrational thinking. Like everything, it comes with practice.
Mark Lewis´s last blog ..Play for The Moment and Dream Big My ComLuv Profile

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9 Jonathan - Advanced Life Skills September 15, 2009 at 9:51 am

Hi Mark, when it comes to opportunity I like this quote: “The reason most people don’t recognize opportunity is because it often comes disguised as hard work.” Thanks Mark!

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10 Coach Rosie September 21, 2009 at 10:04 am

Ooooogh! I think that is my ‘favouritist’ quote this year! “The reason most people don’t recognize opportunity is because it often comes disguised as hard work.” I shall be stealing it!

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11 Steve - Success Factors October 26, 2009 at 7:44 pm

There are two ways to look at risk. What can I gain from taking this risk? What can I lose by NOT taking this risk? On the other hand it would be foolish not to also look at the other sides of the coin: What can I lose from taking this risk and what can I gain by being prudent. I guess it’s what you would call old fashioned cost-benefit analysis. I have been on both sides of risk, and I believe that the golden mean is the best way to approach it.
Steve – Success Factors´s last blog ..Will You Pass the Tests that I Failed? My ComLuv Profile

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