Taking Risks is Essential for Success

Here is another video from Brad Gosse and myself giving out analysis on the importance of risk taking and learning how to develop a higher risk tolerance level!

After you watch the video, scroll down and check out a cool poem I found about risk taking. I first heard this poem in a Bob Proctor seminar and it has always reminded me of the importance of risk taking in order to live a full life.

by Author Unknown

To laugh is to risk appearing the fool.
To weep is to risk appearing sentimental.
To reach for another is to risk involvement.
To expose your ideas, your dreams,
before a crowd is to risk their loss.
To love is to risk not being loved in return.
To live is to risk dying.
To believe is to risk despair.
To try is to risk failure.
But risks must be taken, because the
greatest hazard in life is to risk nothing.
The people who risk nothing, do nothing,
have nothing, are nothing.
They may avoid suffering and sorrow,
but they cannot learn, feel, change,
grow, love, live.
Chained by their attitudes they are slaves;
they have forfeited their freedom.
Only a person who risks is free.

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10 Responses to Taking Risks is Essential for Success

  1. Brad Gosse March 29, 2010 at 10:07 am #

    It’s funny how little people think about the rock bottom scenario when assessing risk.

    Another great talk!

    • Justin Popovic March 29, 2010 at 10:30 am #

      Thanks for dropping by to film again. I liked this discussion because I think people forget to really think about risk taking, and more importantly, about assessing risk. It is pretty easy to get trapped in a cautious mode and forget that it is okay to take some risks…. in fact, it is essential!

  2. Ted Payne March 29, 2010 at 11:07 am #

    Great video man!

    I agree 100% on the power of taking a risk.

    One thing I have noticed in my life, that often a lot of times when we are personally ready to take a risk, other people in our lives will be the ones that “talk us down” or can’t believe we are doing that. A perfect example – I went into the social services field at a young age – at the age of 22 I already had years of experience working in a homeless shelter. I was the youngest person by far where I worked and I had garnered enough respect that I was offered a management job before I hit 25…what did that mean? Well it meant a pay increase, a responsibility increase and the first step to a legitimate career – maybe by the time I hit 30 I would be upper management, maybe by 40 I would be an Executive Director. So what did I do – I turned it down…

    What did my co-workers and parents think – that I was crazy. Why would I RISK a clear cut career path for self employment in a bad economy. Well, it all comes down to capping my potential, that career route had a definite cap and I was not willing to say that cap is what I am worth. I am not saying it is wrong for someone to do that, it just isn’t what I envisioned for myself.

    it is funny – because shortly after I got into the field – I was offered a contract job at MuchMusic (i had interned there and had a connection). I turned it down because it was less money and only a contract…no one in my life told me I made a mistake. Even my family who knew that at the time I wanted to be involved in journalism – thought sticking to the front line in a homeless shelter was a smarter choice. Yikes. Perfect example of a RISK I should have taken…even doing fact checking and artist research for crap pay would have been closer to my dreams (at the time, they have since changed).

    Eventually though I took the risk, left the social work field and have no regrets…I hate to use rap lyrics to prove a point but I think J. Cole (on the song I Get By) sums up my attitude the best:

    Destined to shine I’mma find a way, cuz hey/
    Damn it them jobs out there aren’t trying to pay, I pray/
    Granted 9-5 is how you survive/
    I aint trying to survive, Im trying to throw my mama in rides

    Twitter: @tedpayne

    • Justin Popovic March 29, 2010 at 9:19 pm #

      The first time someone has commented on this site using rap lyrics… well done Ted!

      Great comment though, and thanks for being so up front about your background. I think we all have those regrets form some point in our history where a risk may have meant an entirely new direction in our life. The key is to learn from the situation and use it to our advantage in the future, and just have the fortitude to GO FOR IT!

      Awesome story though and I’m glad it worked out the way it did!

  3. Chris Eh Young March 29, 2010 at 9:10 pm #

    I worked for Canada Post for five years before I was restructured out of a job. I moved for a job in a trade, I was paid well and reassured that being a tradesman would secure me for life. That security left last year and I am ok with that. All my family encourage me to find another secure job, you know, just like the last two.

    I takes a lot to look back at all the things you’ve done right instead of where you went wrong. Once you do, it makes taking risks that much easier. You build on the small victories in the past and use those to gain momentum. Before you know it, your risk tolerance has compounded exponentially.

    You can’t fear risk. Without risk we would all be destined for a life of quiet mediocrity.

    • Justin Popovic March 29, 2010 at 9:22 pm #

      Hey Chris, thanks for stopping by! I agree about building on the small victories. Every time we take a risk, regardless of size, and it moves us in the direction of our goals, it is a huge win and confidence boost. I’m glad I have learned to embrace risk because, like you say, without it life can be dull and mediocre.

  4. Shelly Sargent March 29, 2010 at 9:38 pm #

    “Fortune sides with those who dare” has always been a bit of a motto for me. I was always the one in our family who would instinctively choose my joy instead of the safe route. And oddly enough, I went about my life thinking I was quite staid and stolid – I never realized I would be considered a risk taker until someone else pointed it out to me when my husband & I started our own radio station. (Looking back, it seems obvious, lol!)

    Ultimately, in choosing risk, sometimes you also choose to travel in a new or uncharted direction. Inevitably this leads to self-discovery and growth. I don’t go searching for risk, but embrace it easily when it is called for.

    I think Robert Frost said it best::

    “Two roads diverged in a wood
    And I took the one less traveled by
    And that has made all the difference”

    • Justin Popovic March 29, 2010 at 10:11 pm #

      Awesome comments here Shelly.

      And I love that Robert Frost quote, very inspiring.

      I like what you said about embracing risk. Its not so much about barging out the door on a hunt for something risky to do. Instead, its about being willing to step into the situations that may appear to be risky but carry a potential huge win that will improve our lives.

  5. Stan Young April 1, 2010 at 9:03 pm #

    Hey guys thanks for the inspirational thoughts on taking risks.
    Just recently returned from a business conference in Macao China. Had a great opportunity to tick off the list one of those things that I have wanted to do for a long time Bungy jump off the highest tower in the world.
    Dead scared of heights the 233 metres above the Macao sky line really tested my faith.
    What I learnt out of this endevour was that the thoughts and fear leading up to the event was far worse than when I jumped off the platform. This anallogy can be compared to every thing we want to achieve in life its quite often the paralising thoughts of failure that prevent us from even attempting to get into the game. As you have pointed out If you way the absoulutely worse case senario that could happen it usually never does and the upside usually puts you a ways ahead from where you started. Thanks for the great insight.

    • Justin Popovic April 2, 2010 at 11:26 am #

      Hey Stan. Wow you are a brave guy. I don’t think I could pull myself to do that but I really appreciate your recount of the situation. That is fascinating that your fear was worse leading up to the event than the actual event itself. Kind of like the old story of the kid jumping off the diving board for the first time. Thanks for sharing

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