How to Overcome Your Fear of Risk

September 21, 2018 | Back to the Blog

All successful people take risks in their life

There is no growth where there is no risk

Entrepreneurial ventures, by nature, are risky

“The biggest risk is not taking any risk… In a world that’s changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”

-Mark Zuckerberg

So how do you overcome your fear of risk?

It is natural to be afraid or risk

Here are two things you can do to overcome this fear:

1) See your risks as INVESTMENTS

Instead of just looking at what you could potentially lose, look at what you can GAIN from your risk

Keep your eyes on the prize instead of looking around at all the potential problems

2) Take risks, not gambles

There is a HUGE difference between taking risks and gambling

It makes me cringe when I watch Shark Tank and see people who have three mortgages out on their house because they were “all in”

Successful people take CALCULATED risks

They don’t risk TOO much, and they don’t risk it until they have done the calculations and the research to see back up that their investment will pay off

What risks do you need to take in your business, that you have been too afraid to take up until now?

 

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About James Pelton

James Pelton is the Founder and CEO of Mobile Text Alerts

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