Taking risks can be scary, especially in the wake of economic recession. But, avoiding taking risks may hurt you in the long run, which is why you need to face your fears and take more chances. As Risk – Taking, more often than not, leads to success and here are 7 reasons why:
1. Great, otherwise unforeseen opportunities often come from risk-taking.
We tend to view risk-taking negatively, often regarding it as dangerous and even unwise. But while some risks certainly don’t pay off, it’s important to remember that some do. Risks should be reframed as an opportunity to succeed rather than a path to failure.
2. Taking risks shows confidence and helps you stand out.
Taking a risk is also a great opportunity to stand out and to present yourself as a leader, not a follower satisfied with the status quo.
3. We learn from risks — and those lessons may lead us on an important, new path.
But beyond the external opportunities and recognition risk-taking can bring, it also provides an opportunity for internal growth.
4. Success won’t fall in your lap — you have to pursue it.
Beyond being personally or professionally beneficial, taking risks may be a necessary step in actively pursuing success.
5. You don’t achieve your dreams by playing it safe.
Risk-taking won’t only potentially benefit the career-path you’re already on — it may actually open you up to a world of possibilities you have yet to consider.
6. Embracing risk-taking helps you overcome a fear of failure.
The fear of failure as a major roadblock to success. You will never succeed if you don’t try. Failure isn’t the end of one’s journey to success, but the beginning.
7. Taking a risk doesn’t mean doing so haphazardly.
While risk taking can clearly be personally and professionally beneficial, it doesn’t occur in a vacuum, either. People don’t benefit from risks without preparing to take them and educating themselves on the possible fall-out.