156: Taking Risks in Business and in Life

156: Taking Risks in Business and in Life

Risk is inherent in life. Every damn day. Whether you decide to stay the same or make a change. Like following the speed limit, or going 5 over…or tinting your driver's windows and getting pulled over by the same state trooper twice now. Like staying at the same 5 pound weights you've been using for 8 weeks, or going up to 8 pounders for this next strength session. Like swiping right or swiping left. Staying at your job with a steady paycheck or going all-in on your business. Each choice above comes with a risk whether you decide to "play it safe" or "take a chance." The risk of following the speed limit may be arriving late to your meeting, while going 5 over could get you a ticket. The risk of using 5 pounders is not seeing the muscle tone as quickly as you'd like, but going up to 8s means you might be sore tomorrow. Swiping right might mean…actually I don't know the difference between swiping right or swiping left, but you get the picture. There isn't necessarily a "right" or a "wrong" choice in any of the scenarios above, but one presents a bigger perceived risk than the other. Taking risk is inherent in life. We can choose to stay the path and follow the course we started down, or we can change along the way. Change is a risk. It's uncomfortable, and it's meant to be. Because part of taking risk is knowing and exploring and pushing what our upper limits are and finding ourselves at the edges of what is possible. Key Takeaways from the Podcast:
  • "Risk is inherent."
  • "March is the season of spring, a sense of renewal, a sense of rebirth, and I don't think it's a coincidence that anytime in my life when I've considered taking a risk or making a change...a lot of it does connect with this season of spring, this month of March."
  • "I really was just testing my upper limits, seeing what is possible...I never would have known what my limits were had I not tried this other path."
  • "Over time by increasing resistance, I increased my threshold of risk, I increased my thermostat of taking chances, and i was proving to myself...what I was capable of."
  • "And it's through some of those "small risks" that we take, that we really do prove to ourselves who we are."
  • "Part of taking risk is knowing and exploring and pushing what our upper limits are."
Helpful Links: Get in the MKM Book Club In March, MKM is hosting our third month of the MKM Book Club for entrepreneurs and small business owners who desire community and personal/professional development each month. Our first selection is The Big Leap by Gay Hendricks. In The Big Leap, New York Times bestselling author Gay Hendricks reveals a simple yet comprehensive program for overcoming our one barrier to happiness and fulfillment, providing a clear path for achieving our true potential and attaining not only financial success but also success in love and life. To join the MKM Book Club visit mkm.myflodesk.com/marchmkmbookclub

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(298)

Sunk Costs, Small Town Opinions, and Starting Anyway: Finding a Better Way to Build

Sunk Costs, Small Town Opinions, and Starting Anyway: Finding a Better Way to Build

CHS Class of 2005. I had a plan, and if I'm being honest, it wasn't really mine. It was THE plan we were all given at that time. Get the degree, get the good job (the one with the benefits), stay unti...

14 Okt 27min

Small Business Burnout: 7 Lessons from the Thing That Makes Me Zero Dollars

Small Business Burnout: 7 Lessons from the Thing That Makes Me Zero Dollars

Picture me on a Saturday night at the end of August: a wig with flips I can only describe as aggressive, a fake mustache I've sweat off more times than I can count, and a hanky in my back pocket assig...

7 Okt 23min

Bonus: How to Measure Nonprofit Impact When the Work Is Relational (Moms Connect Dubuque)

Bonus: How to Measure Nonprofit Impact When the Work Is Relational (Moms Connect Dubuque)

We stopped recording...and then kept talking. (As one does.) In this bonus clip from my conversation with Kristina Heinzen and Gina Martin, co-founders of Moms Connect Dubuque, we get into a question ...

5 Okt 4min

How Two Foster Moms Built a Nonprofit to Keep Families Together: The Moms Connect Dubuque Story

How Two Foster Moms Built a Nonprofit to Keep Families Together: The Moms Connect Dubuque Story

I'll pull back the curtain a little: I walked into this interview with my questions prepped, sent, and tidy. Then Kristina Heinzen and Gina Martin answered the very first one and the whole conversatio...

30 Sep 51min

Every Ballot, Every Deed, Every Dollar: What Your County Auditor Actually Does

Every Ballot, Every Deed, Every Dollar: What Your County Auditor Actually Does

You probably couldn't tell me what your county auditor actually does. I couldn't either, until I sat down with Whitney Hein. Whitney is the Jones County Auditor and Commissioner of Elections, and by t...

23 Sep 52min

Using AI Without Losing Your Voice

Using AI Without Losing Your Voice

Okay, let's just say the thing out loud: You've seen the captions that sound like a robot wrote them.  You've seen the flyers that look like every other flyer on the internet this month. Maybe you've ...

16 Sep 24min

How to Start a Podcast for Your Business: My Real 7-Step Process

How to Start a Podcast for Your Business: My Real 7-Step Process

Somebody pulls me aside about once a week now and says some version of the same thing: I've been thinking about starting a podcast. It happens in client sessions, at conference tables, in DMs from peo...

9 Sep 26min

The Worst Business Plan I Ever Made

The Worst Business Plan I Ever Made

Back in 2022, I had a marker board covered edge to edge with ideas. I'd write a launch date right next to each one, feel the rush of excitement, and sprint at it with everything I had. And then somewh...

2 Sep 25min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
rss-skravla-gar
rss-pa-konto
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
utbytte
lederpodden
finansredaksjonen
stormkast-med-valebrokk-stordalen
rss-markedspuls-2
morgenkaffen-med-finansavisen
pengesnakk
rss-orjasater
okonomiamatorene
liberal-halvtime