Strategy

How important is a risk to personal growth and success

Risk is one of those things that are difficult to measure. Think for yourself what the expression “go all-in” really means.

Is risk so important? How can it change your life, and what opportunities does it provide?

how important is risk

Smart risk-related situations have nothing to do with jumping off a high cliff or investing all of your savings in a new business. It’s more like a $5 minimum deposit casino choice: whether you stick to a time-proven strategy that won’t let you fail, or go your own way and do what’s possible in an effective and fun way. Steve Jobs, Elon Musk are people who are admired all over the world for their risky innovative solutions. In this review, you will learn 5 reasons why taking a risk is important for personal growth and success, and why few are at risk, as well as what healthy risk-taking behaviour is.

5 reasons to take more risks

Many believe that risky behaviour is somehow related to danger to health; however, it is not so — a risk-taking personality is associated with violation of standards and implements revolutionary ideas that most are not even ready to voice. These are the main benefits of risk-taking that are important for personal growth and success.

  1. Risk makes you visible. Most people take the easiest route possible. This is due to the fact that most of them do not believe in themselves and their capabilities. And the risk is always a challenge to yourself and a feeling of discomfort. Taking risks is not a common behaviour in society. When you take risks, you are taking actions that are beyond the ordinary. Thus, you draw attention to yourself, and when you get noticed, you are more likely to get promotions, clients, or great deals.
  2. Risk leads to change. Many people complain that they are bored with the lifestyle they lead. They are bored with their life, work, environment, and much more. And they do not know how to change everything? There is only one way to break out of the usual circle of events is to start doing what you have not done before. This is not as simple advice as it might seem. Doing something different is always uncomfortable. Moreover, you never know for sure if you will succeed, and this uncertainty is accompanied by a feeling of fear. But taking risks, wasting time, and not achieving tangible results is the only way to make a difference. Therefore, it is worth your effort. Even if your plan turns out to be ineffective, believe us — it will give you a much more rewarding experience than many years of a measured and calm life.
  3. The risk makes you feel alive. There is a certain sense of satisfaction that you are doing everything right, but that feeling can never be compared to the thrill you get when you take a risk. Only this feeling is already worth the risk. In truth, risk makes people more enthusiastic, and research shows that risky people become addicted to this feeling.
  4. Risk sets high standards. Risk paves the way for big wins. As soon as you feel their taste, new standards immediately begin to form in your head. Take Elon Musk, for example; it seems that he does not feel satisfaction from achieving past results. From now on, he needs more. And this pushes him and other risky people forward. This creates a new comfort zone, where risk becomes commonplace, and the level of the norm rises sharply. And then new victories follow, new results, a new level of the norm, and everything repeats itself.
  5. Risk shows who you really are. Since risk is often an expression of your own ideas, attitudes, and preferences, it can tell you a lot about yourself. After all, the more new you try, the more new abilities you discover in yourself, the better you get to know yourself and your capabilities. And the more successful you are in these new areas for yourself, the more confident you become.

Ready for the change?

Summing up all the above, it is worth saying that you will not find out about your true abilities exactly until you have the courage to take a chance. You define the boundaries of what is permissible for yourself, and it is in your power to expand them. It is also up to you to decide whether to continue to be content with little or try to take risks in pursuit of personal growth and success.