BRX Pro Tip: Are You a Risk Taker?
Stone Payton : [00:00:00] Welcome back to Business RadioX Pro Tips. Lee Kantor and Stone Payton here. Lee, the question of the day, are you a risk taker?
Lee Kantor: [00:00:09] A lot of folks that are going into business for themselves believe that they’re a risk taker, that they’re putting everything on the line in order to bet on themselves. But I challenge people in that regard because how much are you really risking? What are you doing to take your business to new levels, or are you just satisfied with where you’re at right now? Are you willing to take the risk to level up, or are you just kind of content with kind of living in the status quo and maintaining a level of mediocrity that you’re currently in? That’s really the test of your risk, how risk averse you are. How many chips are you willing to just keep placing in, betting on yourself to keep growing? The people that reach higher highs tend to just keep putting the chips on the table. But the flip side of that is when you’re risking more, there’s a chance to lose more.
Lee Kantor: [00:01:03] So, you really have to kind of look in the mirror and decide for yourself what level of risk is enough risk for you and where are there opportunities to maybe take some kind of risks that have some protection on the back side if things don’t go well. So, you have to look at yourself in the mirror and decide, you know, maybe I was a risk taker back in the day but I’m not one now because as the old saying goes, “When you have nothing, you have nothing to lose. But when you have something, now you do have something to lose.” So, just realize and get comfortable with the level of risk that you’re willing to take and decide for yourself if that’s holding you back and holding your organization back.