Tag: reward

The fear of losing is holding you back

People fear losing so much that they end up losing. Everyone wants to be rich, but they are so afraid of possibly losing money, that they don’t invest. They lose out on reaching their potential because they play it too safe. It’s like the saying goes, everyone wants to go to heaven, but no one wants to die. But if you don’t die, you can’t go to heaven. You are going to have ups and downs in life, you’re going to have failures and setbacks. But if you avoid risk altogether, you’re also avoid reaping the best rewards and guaranteeing that you won’t reach your full potential.

No risk = no reward.

Getting started

You don’t have to know it all to get started, you just need to know what the next step is. If you wait until you have all of the information or until you know exactly how things will play out, you will be waiting forever. There is risk and uncertainty in everything we do in life. There is even risk and not taking action.

Determine where you are currently and where you think you want to be in the future. Once you have an end result in mind, then reverse engineer the next steps to get there. You don’t have to have everything planned out to a “T” to get started. Have a general guideline or a framework on how do you think it should look and what you need to do to get started. I guarantee that how do you think it looks and how it will eventually end up working is going to be at least a little different. But if you don’t do anything, if you wait for all the answers to come to you, if you wait for certainty, you’re going to miss your opportunity.

Take a shot, take a chance

You miss 100% of the shots you don’t take.
“You miss 100% of the shots you don’t take.” – Wayne Gretzky

“You miss 100% of the shots you don’t take.” – Wayne Gretzky

This quote isn’t just about hockey, or basketball, or any other sport for that matter This quote is a metaphor for life. If you want something more for yourself or your family, you have to take a shot at it. You might miss. It might be embarrassing. But if you don’t take the shot, and you “play it safe,” eventually you’ll realize that playing it safe wasn’t so safe after all.

How to get lucky

You can’t expect to win a jackpot if you put no money on the line. You have to risk something to win a truly large reward. You can wish all that you want, but it won’t matter. As Michael Jordan said, “some people want things to happen, others make things happen.” It won’t happen unless you take action. The harder you work, the luckier you’ll get.