Tag: risk

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motivation

How Risky is it Really?

crop businessman giving contract to woman to sign
Photo by Andrea Piacquadio on Pexels.com

My dad was an insurance guy. He was a claims adjustor and an underwriter. His job was to ascertain risk and put a number to it. In other words, he would ask, “How risky is it really?”

He would travel to a building that was going to be insured. After examining it, he would report how much of a risk the building would be to insure. Were their fire hazards? Was the foundation sound? Were there any safety issues?

He would report to the insurance company and the customer. If the client made the improvements, they would save money. But if they took no action, it could cost the client more. Perhaps the insurance company would deem the property uninsurable.

We face risks every day. However, there are instances when we create a bigger risk by doing nothing.

“There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction.”

 John Fitzgerald Kennedy

Risky Homework

A few years ago, I drew a cartoon about a boy that missed a homework deadline. He concluded he needed homework insurance. But the real problem is that he didn’t take the action needed to complete the assignment.

Cartoon of a boy and a teacher. The boy says, "That was due today? Seriously? I need help.Where can I get some homework insurance?"

Perhaps he was distracted by something he considered more fun. Or he may have shunned his homework because he feared the risk of getting a bad grade. Regardless, his inaction insured that he would get a bad grade on the assignment. There are many ways we indulge in self-sabotage, isn’t there?

Take Action!

Sometimes, it is risky to take action. But may we have the discernment to realize when it is riskier to take no action. I don’t know if the JFK quote was about the space program. Perhaps it was. After all, sending astronauts to the moon was a very risky endeavor. And the president cast the vision when few thought it was possible.

As a result, the rewards outweighed the risks. But we didn’t know that until a country took the risk, did we? Comfortable inaction costs us much. It is better to take a risk. The cost of reaching a goal is far better than doing nothing.

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motivation

Failure and Achievement

Failure and Achievement

Are you afraid to fail? Who loves it? Who wouldn’t like to achieve something perfectly and with zero failures? But that isn’t the way life works. There is a connection between failure and achievement. In fact, I would say you can’t have one without the other.

Nobody has it all figured out at the beginning. No matter how much we plan, it is impossible to account for every possible failure or outcome. C. S. Lewis says it best with this quote.

“Failures are finger posts on the road to achievement.”

C. S. Lewis

A few years back, I was on a project that involved the edition of a book. This book had great sales and we were going to update the design and illustrations.

As we were planning for the release, I heard a phrase that made me cringe; “Failure is not an option!” As the comment echoed in the room, I thought, “Well then, we are in serious trouble, because that doesn’t allow for any improvement.”

Failure is Always an Option

If anything is going to change, failure is always an option. Failure and achievement go hand in hand. Sure, we can plan and strive to avoid obvious mistakes.

Failure is success if we learn from it. But even then, we have to be careful. What didn’t work before could work today, and vice versa.

  • Technology may have improved
  • Customer preferences may have changed
  • The timing may have just been off before
  • What we thought was the root cause of a past failure wasn’t really the problem

As we get older, we can be tempted to turn down ideas that didn’t work yesterday but could be wildly successful today. Failure is an option if you want success. We have to face those fears!

cartoon of a girl and a monster. The monster is eating someone. A girl says, "You see Roger? This is why I don't like facing my fears."

Doing Nothing is a Bad Option

Sure, we can choose to do nothing. It is an option if we fear failure. And it is a choice. Staying put is a choice that guarantees no failure, nor success. But it is also is a choice that leads to regret.

It is better to encounter short-term failure because we tried than long-term failure because we were afraid of the possibilities. While doing nothing is an option, I hope you decide to take the risk, learning from failure, and succeeding is far better than wondering if you could have been successful.

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motivation

Faith Involves Risk

Faith Involves Risk

We don’t like to hear that. We would like to think that all we have to do is dream something and it will come to pass. If only that were true!

  • We could imagine a million dollars and poof! It would appear
  • Everyone could pool their thoughts for a better world and it would just happen
  • A person could see the perfect path for their life and everything would just fall into place without lifting a finger

If only that were so! But faith takes action. After all, faith without works is dead. Believing something will happen is only part of the equation. We must take action by faith to bring something to pass.

Faith involves risk. Faith also involves change. If we imagine a good possibility that doesn’t yet exist, we can expect that something will have to change in order to make it happen.

It can be a tall order. But faith can make the impossible possible. Who ever said that was going to be easy?

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motivation

How do I know if something is too risky?

Cartoon of a boy and a shark. The shark says, "Hey, Buddy! Let me know when you're going to get in the water, okay?"

When we would take family trips to Florida in the summer, it seemed that no matter what week we took, The Discovery Channel was playing Shark Week. There was nothing like watching shark attacks the evening before, then going to the beach. I probably had those experiences in mind when I posted this cartoon.

Watching Shark Week didn’t prevent us from going to the beach. We laughed about the over-the-top stories. Sure, some of them were harrowing and we took what we could learn from them. We knew it was more dangerous to wade in the water at sunrise or sunset. We realized we needed to be aware of our surroundings in the water. But it didn’t prevent us from having a good time.

Leadership in Risky Times

Today, leaders are facing all kinds of decisions involving risk. COVID-19 is causing business, government, and institutional leaders to make some tough decisions.

  • When should we open businesses?
  • When and how should we open churches?
  • Where and when should we wear masks?
  • How do you enforce social distancing without being authoritarian?
  • What will be the best way to get kids back in school this fall?

It would be nice if the answers were as obvious as a shark enticing a bather with fake sincerity. There are a lot of unknowns. Our decisions will be complicated with the understanding there will be some risk that wasn’t there last year. Yet, all of us will have to take on some of that risk to move forward.

The odds of being attacked by a shark are 1 in 11.5 million even when you only include people who go to a beach. We are still trying to get a handle on how likely someone is likely to get the coronavirus. It will likely increase as time moves on. In any case, it will be best to continue practices such as social distancing, frequent handwashing, and sanitizing surfaces. We will need to learn how to live with this virus while maintaining safe practices and restarting our lives.

Cartoon of a boy and a shark. The shark says, "Hey, Buddy! Let me know when you're going to get in the water, okay?"
Categories
motivation

Why it is so important to shake things up

Tombstone with the last name: Stuck

It caught me off guard when I saw it that Saturday morning. I was running through a cemetary because, well because Greenville Union Cemetary is the best place to run in Greenville, Ohio. It’s peaceful, there’s a long paved road and not much activity on it. The residents don’t seem to mind, either.

I was peacefully running along when I saw it in the morning sun. The tombstone stood right in front of me and was shouting a message to me.

Tombstone with the last name: Stuck

Someone was stuck, and it was me! I had attempted to revive my business that had suffered two cross-country moves. I was looking for a job that matched my skills. Nothing seemed to be working. As I stared at the message from the beyond, one thing became clear.

It was time to shake things up or stay stuck!

I didn’t feel like spending the rest of my life in the cemetery. So the only logical step was to shake things up.

That day, I changed my strategy and eventually found a job that I have loved. It has allowed me to use my graphic design skills in a management position. With the benefit of hindsight, I say the discomfort was worth it.

Looking back, I am thankful for that time. It was not because I was struggling that makes it great, but because my wife and I decided a couple of years before that to take some risks. We could have chosen to coast by for the rest of our lives and be comfortable. Instead, we took some steps by faith and shook things up.

There are many who are comfortable in their discomfort. They have settled into a situation they don’t particularly like, but feel it’s better than trying something new. It doesn’t have to be that way! No matter your age, you can try something new. It’s much better to shake things up than to be stuck and feel like you are biding your time in a figurative cemetery.