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The purpose of this blog is help people improve their Mind, Body, Soul (relationships) and their Money.
Showing posts with label taking risks. Show all posts
Showing posts with label taking risks. Show all posts

Thursday, June 27, 2013

(TOT) Thought on Thursday - 3.5 D's of risk-taking

 So I heard somewhere about the three and a half logical fears as related to risk-taking. The last one being part logical, part illogical.

The gist is if you are not directly threatened by one of the following you should take the risk anyway.

1) Death - as far as scientists can tell and most theologians - there's only one shot at this game called life, so do-overs are not an option. That being said if you risk your life doing something it had better have some fantastic payoff or benefit in the end.

2) Dismemberment - If you could lose a limb taking a risk you might as well think twice. The sad thing is we take that risk every time we get behind the wheel of automobile.

3) Destitution - Been there, done that. Being destitute and penniless is not a fun state of being. Financial freedom is liberating by contrast.Will the risk you take leave you bankrupt? Is it worth it to risk that today?

3.5) Divorce - This would be the "half" as some are good divorces and some are bad. Some of us may be with a supportive partner who it would devastate our lives to lose. 

Others among us chose incorrectly when we were looking for a partner to spend "forever" with and are in desperate need of a do-over or at least an end to a strenuous situation. 

Some risks we take may end in divorce and it's all up to you to decide whether this is or isn't worth it. 

Update: This post was inspired by an Entrepreneur on Fire interview with Dan Andrews

What do you think? Is the risk worth it? Are you scared of taking a risk for some reason that's not listed above? Tell me in the comments below: