Archives For risk

Take A Big Risk

November 14, 2014 — 19 Comments

Risks are scary things. You never know what the outcome of the risk will be.

Will you lose your life? Will you strike it rich? Will you be denied? Will you be noticed? Will you have an epic failure?

Those are probably the questions running through your mind as you take a risk, especially big risks. Risks require us to ask questions and gamble on the outcome.

You may not get the results you were looking for.

My Recent Risk

My friend, Kimanzi Constable, has been challenging a group of us to take our dreams to the next level. To reach out to organizations that may help us increase business and further our success.

My risk was reaching out to Chris Brogan at Owner Mag. Owner Mag was an online magazine that featured amazing articles.

Everyone faces risk. In fact, you face a plethora of risks day in and day out. You probably don’t even realize the risks you face.

There are risks that you can easily assess. Crossing the road, navigating your car, or going into work.

Tiny risks, yes. But risks none the less. And you take them on without a care.

Then there are higher consequence risks. The risks that makes you wonder. The risks you wonder how to properly assess them.

In his book, Take The Risk: Learning to Identify, Choose, and Live with Acceptable Risk, Ben Carson lays out the foundation for making wise choices when it comes to facing risk.

The BWA

Carson uses a system called the BWA, or Best/Worst Assessment. The BWA is a system you can use to decide whether or not to take a risk.

Within every great leader there is the desire to expand his and explore new territories. There’s something about leadership that draws leaders towards growing their sphere of influence.

However, if a leader is not careful, he can easily overstep his boundaries. So that’s what we’re going to talk about today.

Boundaries are there for a reason

Image by Jenny Downing

Will you raise your hand if you want to expand your level of influence? Check! I see that hand go up.

Will you raise your hand if you want to move into new areas of leadership (New territories)? Check. I see that hand as well.

I know, as leaders, we’re always looking for new ways to grow our influence and enter into new territories. This can be difficult, especially if we’re not the main leader of an organization.

Do you get what I’m talking about?

The Thrill Of The Plunge

February 5, 2014 — 28 Comments

During my whitewater rafting trip, I had the opportunity to take a plunge. Literally, off the side of a cliff.

The plunge was scary. The height from which we jumped seemed like it may shatter a bone.

Yet after I jumped off of the ledge, it was thrilling. There was a sense of freedom knowing I was able to plunge 40 feet and come out unscathed.

How similar is this to our leadership journey?

The decision to climb up the cliff was mine. No one forced me or coerced me. I willingly made the journey to a spot I knew would be difficult.

Our path into leadership starts the same way. We make a choice to begin leading. We take the responsibility of leadership and we walk with it.

Management loves to play it safe. Systems are in place to keep the machine running effectively and efficiently.

Leaders don’t have this luxury. They’re heading into the unknown. No, wait… You’re heading into the unknown.

Risk Graffitti

Image by A Syn

Real leaders, not managers, are looking for the next breakthrough. Keeping an eye out for the next mountain to summit.

Think about major league sports. A lot of it’s played safe until it’s crunch time. Then the team leader has to make a choice.

Do they take easy score or do they go for the risky extra point?

Your leadership will require you to take risks.

Leaders head into the unknown

There’s always the risk that there are unknown unknowns.
— Nate Silver

As you move towards your goals and purpose, the road will get cloudy. Situations you didn’t foresee will arise. You won’t know what the next step will be.