Tips to consider When You Need to Take a Risk

Throughout life, we all experience times when the outcome of a circumstance will be unknown to us. Even the least risk-averse person may experience twinges of fear and uncertainty before plunging into risk.

When you are deciding whether to take a leap, consider the following:

• Identify the severity of the risk. If you take this risk on, what changes will result from it? Of those, which will create waves in your current life and to what severity will they change the status quo?

• Anticipate all possible repercussions. Don’t think solely about one issue. Consider the risk from all angles. What sacrifices may you have to make for your dream to become reality?

• Keep a pros/cons list. Once you have identified what might occur as a result of taking the risk, start outlining the pros and cons. What is the worst that can happen if you take the risk? What is the worst that can happen if you don’t? Not every “con” will necessarily result in a negative impact on your life. Not every “pro” will lead you to your next step.

• What are your basic needs? What are your basic survival needs? Where might you be able to cut corners and what are your “non-negotiables”?

• What is “failure” to you? If the risk does not result in your intended outcome, will you view that as a failure? Or, will the new strengths and knowledge you gain, your growth, and your resilience be indicators of success?

• What is your contingency plan? If all else fails and you encounter each worst-case scenario, what is your plan for disaster relief? Simply put, what is your plan B? Consider alternatives.