Denton County Living Well Magazine Summer 2015 | Page 16

Four Ways to Foil Your Fear of Risk A How, and why, to get out of your comfort zone and take those barrier-busting leaps of faith By Andy Thompson ll of us have fears—especially when it comes to taking risks in our professional and personal lives. In fact, it’s been said that FEAR stands for “Forget Everything And Run,” which is a logical reaction given that, by definition, risk is “the possibility of suffering harm or loss,” and involves “uncertain danger.” However, for me, the word “risk” evokes a sense of excitement. Of limitless possibility. It reminds me of the famously insightful notion to “go out on a limb, because that’s where the fruit is.” Truer words cannot be spoken as risk is the preeminent propelling force that helps companies and individuals, alike, accelerate and achieve key success benchmarks. Here are four pieces of wisdom to help you foil your fear of risk and supercharge positive change in your life: 1. Define and debunk your fears. Start by defining your fears with specificity, either in your mind or by writing them down. During this process, be sure you conceive what you believe to be the “worst case scenario” and the probability of that coming to fruition. The worst case scenario rarely plays out, so you can rest easier on that front. Once all of your fears are itemized, for each and every one detail, how you would move past it if it were to materialize? Determining the likelihood of each feared event and how each would be dealt with can give you an invigorating sense of reassurance. 2. Embrace fear. Did you know nine out of 10 startup companies fail, and that the average millionaire goes bankrupt at least 3.5 times? Statistically speaking, some would say that the more times you fail the higher chance you have of succeeding the next time. With fear, the key is to not only identify it, but actually take control and use it to drive you towards that which you covet from afar, stagnated by inaction. And, most importantly, never make a decision based on fear. The process of understanding your fears, taking calculated risks, and achieving the success or parlaying the failure into something positive is a far more rewarding journey than a life lived without any risk-taking, regardless of the outcome. 3. ۛ