Tag Archives: risk-management

Redefine Risk : Dare To Live Beyond What You Know

17 June 2012, by A. Cedilla

Risk is bad. Risk is scary. Risk should be avoided. It should be managed.

Dealt with.

Like with insurance — or investments. It says you can in the brochures, where on the very bottom, in small print, it states that the company is not liable for any losses incurred on the part of the policy holder.

When you look up the meaning of risk, you get the following:

1) Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome).
2) It is the possibility of loss or injury

Too much of the time we tend to lump all sorts of risk under one category: To Be Avoided, Especially In This Economy.

But in truth, risk is all about taking chances with all that potential. And the key work is taking.

At the heart of it all, when you choose to take a risk you are wrestling with possibility.

  • You roll the dice on the belief that you can count on yourself getting through no matter what the outcome.
  • You’re betting on yourself eventually being bigger than what you’re thinking of taking on.
  • You’re taking the chance to create a better situation for yourself.

All growth comes from learning, and learning comes from exposure. Real learning doesn’t come form just taking in theory, it comes from real exposure–which entails risks: Continue reading Redefine Risk : Dare To Live Beyond What You Know