ARE YOU AFRAID OF TAKING RISKS?
IT’S OK TO “FAIL.”
The “Fail fast!” mentality might sound strange, expecting failure could actually be seen as a method for success. New York University conducted a gambling experiment in which some participants were told that losses were completely inevitable and acceptable, while others weren’t given the same pep talk. At the end of the study, participants who expected losses didn’t become dejected when losses occurred, and they were able to outperform their peers by taking more intelligent risks.
Failure is an option and come up with a plan on how to handle loss. Being mentally prepared enables you to make positive risk-taking decisions without fear of the unexpected, which can be the most crippling component of taking a risk.
JUST DO IT.
After you’ve analyzed a risky opportunity to death, sometimes it’s best to listen to your gut and just do it.
“You’ll learn more in two years than you would in five years of a ‘normal’ job. You’re forced to be resourceful, which can be a powerful thing when it comes to creativity and execution.