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Value Creation Blog

It’s Really OK To Take A Chance - Value Creation

Posted by Josh Patrick

Risk-Taker-I know that you think it’s OK to take a chance. We even have been taught that we’re supposed to take chances. Then, you get the opportunity and for whatever reason you decide to pass. It might be you think it’s just too risky or you might not want to look foolish.

I know that you don’t want to be foolish and sometimes the chance you’re thinking of taking is just too risky, or is it?

It’s really about being vulnerable

On one hand you’ve been taught that taking a chance is something you should do. Then, you start to take the chance and you stop. For years I would think about taking a chance and stop. I finally figured out what was stopping me, and it was that I didn’t want to be vulnerable. I didn’t want anyone to have a chance of seeing me learn.

What I really didn’t want is to have people see me make mistakes. After all, I was the leader of my company. I owned it and it wasn’t OK for me to make mistakes. It wasn’t OK for me to be vulnerable in what I was doing. I had to be right all of the time.

Being vulnerable isn’t for sissies.

Eventually I found out that I was scared. For me to take a chance I would have to get over myself. You might be in a similar place. When you take a chance you’re putting yourself in a place where others can laugh at you. Once you have that happen a few times you’ll find out it doesn’t hurt. You might even find that making mistakes and entertaining others in the process is kind of fun.

When you try something new you’re being brave. As a kid we have no problem looking foolish. As we get older it just gets harder. I think the reason is that we don’t want to be seen as not being good at what we do. It’s all part of learning. You have to fall down a few times. If you let yourself be vulnerable, you’ll learn faster.

Being brave is where you start.

I find that once I start a new project or try to learn something new I just keep going. The problem is starting. Without being brave you probably aren’t going to start. At some point you have to take the first step. It’s that first step where bravery comes in.

When you’re vulnerable you’ll get help.

When you take a chance there’s a good chance you’re going to need help along the way. You might need help getting back up and dusting yourself off. If you decide to make yourself vulnerable and ask for help, you’ll be surprised. It’s when we don’t ask for help that we get frustrated.

There’s an interesting dichotomy at work here. If you’re not vulnerable, you’re not going to ask for help. If you’re not vulnerable you’re not going to get help. No one wants to help someone who’s arrogant and thinks they know it all. I can tell you from personal experience that’s not a great way to go.

In the end it’s about getting better and learning new things.

Being vulnerable should have a point. It should help you move forward in your life. It should help you get to a better place.

For me being vulnerable helps me learn new things. It helps me ask questions with an innocent mind. It helps me think about things from your point of view. When I take a chance I always learn something that’s useful.

What about you, are you willing to let your guard down just a little? You might like what you find.

Here’s a chance for you to be vulnerable. We’ve partnered with our friends at CoreValue to bring you a chance to analyze your business in a down and dirty manner. We have eighteen key drivers of your business we’d like you to take a look at. Click on the button below to learn how you can find out where you need to improve your business. It’ll take you only ten minutes, I promise.

Core Value Report

Securities and Investment Advisory Services offered through NFP Securities, Inc. (NFPSI), Member FINRA/SIPC. Stage 2 Planning Partners and NFPSI are not affiliated.

This article is published for residents of the United States only. Registered Representatives and Investment Adviser Representatives of NFP Securities, Inc. may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all of the products and services referenced on this site are available in every state and through every representative or advisor listed.

Topics: cultural change, financial planning, risk management, stage 3,, stage 2,, welath management,

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