12 Tips for Taking Smart, Calculated Risks

1. Think of someone you admire. Would they take this risk?

2. Never risk more than you can afford to lose.

3. If you have everything to gain and nothing to lose, take the risk.

4. Risk taking is like any positive quality -- it’s a habit that gets better with practice.

5. Timing is vital to good risk taking.

And don’t take the risk if:

1. There’s a good chance you could lose EVERYTHING.

2. You’re risking a lot just to get a little.

3. You are not comfortable with the odds that the outcome will be positive.

4. There are too many factors outside of your influence.

5. There is no way to fix or remedy the situation if the outcome is not positive.

6. You have to jump into it before you’ve had the chance to evaluate it & prepare.

7. Your intuition tells you not to (remember: fear & intuition are not the same!).

About The Author Shari Peace is an international speaker, an author, and the president of Peace Talks, a professional speaking firm that helps organizations and people to get more done. Her book, Crank It Out!, features tips for smart time management and improved productivity. Reach her at www.sharipeace.com. shari@sharipeace.com

This article was posted on March 09, 2005

Learn about...

5 Ways To Get Back On Track With Your New Year's Resolutions

1. Keep your eyes on the prize. Don’t focus on how hard it is to change or improve. Keep a laser-. . .