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Last Updated on June 4, 2020

How to Take Calculated Risk to Achieve Success

How to Take Calculated Risk to Achieve Success

Risk is something we all have to face in our lives, but appreciating its value and impact is not always easy.

I asked my social media friends whether they felt that risk is a good thing and 100% said yes. But I know from my clients that this doesn’t equate to 100%. Not all people take every risky action they could to achieve more and live a life that fulfills them.

For example, one client needed a coaching session to get them to take the jump into self-employment. They knew in their head that with over 20 years at the pinnacle of their career, they could do it. But they needed their coach to be the one that took the training wheels off and said “let’s do this!”.

We don’t all take the risks we should in life.

What makes a risk feel too big? What external impactors change our perception of risk and what’s the difference between good risk and bad? When should we be risk-averse? And how can we work out the difference and step up to take the risks that could change our lives (for the better)?

In this article, we will look at what calculated risk is and how you can learn to utilize it to be successful.

What Is Calculated Risk?

Let me ask you:

Would you cross a 3 lane road of fast-moving traffic? The answer is likely to be “no” right?

What if I asked, would you cross 3 lanes of traffic at night? Still a “no”?

What about if I said, would you cross 3 lanes of traffic that had a pedestrian crossing?

See how the risk changes?

A calculated risk means that it is the same road with the same cars, but we’ve gone from a risk that we are unprepared to take to one that has an element of controlled and expected outcomes.

Would you quit your job right now and set up a business on the street corner in an hour’s time? No, of course not.

However, would you quit with a plan of action in a set period of time? Possibly.

The thing about calculated risk is that humans have to deal with their perceptions of reality, their emotions, feelings, and even beliefs to be able to take on risk.

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That is why you may see 100% of people saying to take the risk. But if questioned further, there is probably at least one occasion for each person where they should have taken a risk but they didn’t.

I’ve seen people turn down contracts, delay traveling, delay saying “yes” to marriage, delay quitting their job, and even delay having their hair chopped off because they’ve not been able to calculate the risk with an outcome that they deem will be satisfactory.

Are All Risks Calculated?

In a speaking engagement, I once re-enacted the moment when the hero of the film is hanging on for dear life on the side of a mountain.

They can’t go down, and there’s no way out. The baddies are shooting at them from every angle and you may think “there is no way out of this!”. Then, miraculously, they let go, tumbling through the air, landing in a helicopter that flies into view being flown by the gorgeous and incredibly clever sidekick.

Risk is a bit like that.

The first time James Bond, Jack Reacher, or Lara Croft let go and went in a new direction, they were probably experiencing massive levels of fear. However, by overriding that fear, they were able to create a new definition of what is possible. It’s not called “mission: impossible” for nothing.

But how can we know when it’s a good idea to jump and when it’s going to lead to impending doom?

Interestingly, children seem to be risk blind for a while. It is adults that stand behind them shouting “don’t do that, you will fall and break your neck!” Do children stop doing stupid things? A and E departments would argue no.

But if we didn’t take on risks, we’d never learn to walk. The first time you pulled yourself up with your legs and stood there jumping up and down with a grin that says “Look what I can do” was sheer joy, not so much fun the next time you tried it and nearly removed your nose.

Most parents will have a story of how their child made their hearts leap with absolute terror as they did something stupid, but risk needs us to test its limits or we will all be stuck in baby gyms unable to reach the cool toys.

The reason some people achieve great things is that they are prepared to test their risk limitations.

How to Grow Your Risk Tolerance to Achieve More

Here, I aim to break down what you need to keep your eyes peeled, how to fix what you find, and what you need to do so that you can calculate risks and achieve more.

1. The RRIS Method

R – Research Everything You Aim to Achieve

But you should also know when to stop researching and get on with it. The amount of clients I’ve worked with who are so ready they could be the most intellectual person on the planet on their area of expertise is too high.

It’s easy to get in the trap of “doing just a bit more research” to get you out of taking action. So, do your research and use the other tips to help you to take action on your knowledge.

R – Rationalize Your Reality

I often hear clients say things that once said back to them, they quickly (and often embarrassingly) see that it’s just not true. They’ve twisted reality to enable them to stay safe.

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Question what you believe to be true and the results you perceive to be impossible to avoid. Do you have evidence to prove your reality or are your thoughts just enabling your comfort zone to stay the same size?

Comfort zones are like big thick duvets – glorious in the middle of winter with the rain battering the windows and you are curled up safe and warm, but hideous in summer when the same duvet can wrap itself around you, becoming a sweat trap for your legs.

If you know that a comfort zone is twisting your reality, you can be either of the two versions of my clients:

  • The one that likes to get so far out of their comfort zone that they can’t see it anymore. They do big actions putting into action the right support to achieve them. Learn and move on.
  • The one who would literally feel stuck in fear if you offered them option 1. Therefore, they like to do things in small tiny morsel sized bites. If this is you, arrange to challenge your beliefs around anything in your life (not just related to the calculated risk to achieve more).

If you like structure, start the day in a way you wouldn’t. Get dressed before you brush your teeth, listen to a different radio station, and choose a different route to work.

Silly things that make you think about what you are doing can help you see that different is not bad. Different can be exciting, new, rewarding, and so much else. And tiny steps can be right for some.

I – Ideas Can Reduce or Inflame Our Capability for Calculated Risk

Before you do anything, somewhere in your head it was a thought. When you appreciate this, you can see that before you take on any risk, you have to have the ideas behind it to come out successful.

Ideas like this will be exciting, life-changing, and will work and make my career.

What phrases would you create to describe the result of your idea? If you notice they are negative, where’s your evidence?

Clients often tell me that I make them take risks. As a coach, that’s impossible. My job is to enable them to see what they really want and overcome the beliefs and obstacles towards it.

Once we are faced with our facts on our skills, past successes, and capabilities, we can’t help but ask “what is stopping you?”

By doing this, you are creating a solid foundation to get great results because your ideas are positive and not made up of illogical untruths like “it won’t work”, “what if I fail”, “it’s not done like that”, or “I will end up looking stupid”.

S – Success Over Scares

It is a calculated risk and therefore, something that is worth investing in and going for when our level of fear is reduced and our belief about success is raised. Where do you stand on this scale?

Scared! vs Success!

Now add in the following words to the above scale. Where would they sit?

  • Staying safe
  • Stuck
  • Low self-esteem
  • Stopping myself

Can you see how there is a big gap between scared and success? And between the two there will always be elements of feeling safe or stuck and worrying about whether you can do it or not.

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The important thing to remember is that you will never completely bridge the gap between being scared and being successful. A little fear is good for you.

I’ve never had a speaking engagement where I don’t feel a little nervous. Nine years ago, that wasn’t nervousness – that was absolute terror. And I once read, “it’s not stage fright, it’s performance energy.”

What description would you like to use do describe your calculated risk? If you were to say it out loud, would it be a positive sentence or one that reduces you to fear?

Your words and finding your place on the scared to success scale could define your likelihood of success.

2. The Know-It Kit

Taking the risk is scary, from the client that wanted to confront their boss for 10 years and make a suggestion that they knew flew in the opposite opinion of their boss, to the singer who is too scared to stand in front of an audience. The important thing is to remember that you are in control of the risks you take and the know-it kit can help.

Know the Times You’ve Been Successful

Many clients will tell me that their fear is overriding their beliefs about what can be achieved. At times like that, it’s no good to think of something different and expect it to magically make it seem easy.

Get the facts on your side. As much as your heart will fill your head with negativity, hanging on to the facts of what you’ve already done in life is something you can’t argue with.

Know the Skills You Have

As I’ve said above, when we take on risk, we need to know that we’ve got what we need to get the results we want.

Know That Mistakes Are Good

No exceptional rise to success didn’t have setbacks. No great inventions didn’t have failures (with many of those becoming inventions in their own right).

Knowing that mistakes are an opportunity to learn can ensure that you take action even when the fear is raising its ugly head.

International Vocal Coach Gemma Milburne shared,

“I think many of the greatest singers are the most willing to take risks. You have to risk going out of tune, making mistakes, sounding awful, in order to get REALLY good at singing. As a vocal coach, a lot of what I’m doing is helping singers to face that ‘mental’ risk that’s in a person’s head.”

Know the People You Can Trust

When everything is in place, you’ve got the evidence, you’ve done your research, you are accountable, focused and ready for action, sometimes just a chat with the right person can be all you need.

Who is in your Know-It Kit? You can trust them to say what you need them to say. And not just “you will be great dear, go for it.” Be with the right people who will challenge, empower, and ensure you’re ready in every capacity to make it happen.

Before a petrified public speaker has taken to the stage or before a client has walked into a room to go for their big dream, I’m often the one they text as they walk in for that last-minute reminder that they’ve got this.

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Know the Way You Have to Feel

Lastly, don’t forget that even with the right words from the right people, it is still down to you.

Sometimes, cultural beliefs and feelings can slip into our mindset. Other people in the same industry can tell us “it’s never been done like that,” and it can knock our focus and derail our thoughts.

How do you need to feel to get the results you want? If I told a person from 200 years ago that they could fly anywhere on this planet on the same day, I’d likely have been locked up.

Our beliefs change with time and experience. Do you want to be the person that creates the thoughts and beliefs of the future? Or wait for someone else to take the risk (and the glory!) and leave you wishing “I wish I’d taken that risk”?

Final Thoughts

Looking back to myself years ago, Mrs. Nervous Wreck lacking in confidence. . .

She looked up at the chandelier that was taller than her house and tried to focus her thoughts. No amount of “thinking positively” was working and she just wanted her spleen to burst so she could end up in hospital safely away from this extravagant room and all these people.

How could she ever thought it would be clever to speak to a room full of her peers?

Less than 5 months prior to this moment, she’d stood in front of just 25 business owners and faffed and fumbled through her words, feeling like a complete fake, wishing to never see any of these people ever again.

Heck, even a career in a local fast food place would be better! She’d made a memorable impression but for all the wrong reasons, and one of the audience had taken great delight in reminding her of her epic fail, so what had driven her to do it again?

That was me, but for some reason, I’d decided to take the risk and speak on another stage in front of more people.

In many ways, I was hardly recognizable from 9 years ago to today when I’m described as “one of the best speakers I’ve ever heard” and “changed my life in one hour.”

Clearly, my ability and attitude to speaking to an audience changed. But what else?

It was how I faced my fear and how I grew my risk tolerance to achieve more.

By taking my advice on how to take calculated risks, you will gradually find yourself becoming braver and embracing more opportunities. You’ve got this!

More Tips about Fighting Fears

Featured photo credit: Pixabay via pixabay.com

More by this author

Mandie Holgate

Coach, International BEST Selling Author, Speaker & Blogger helping thousands around the world.

6 Strategies for Overcoming Obstacles That Hold You Back from Success How to Move Forward When You’re Stuck in a Rut How to Make a Positive Change for a Fulfilling Life How to Fight Your Irrational Fears And Stay Strong Motion vs Action: Which One Is More Important for Success?

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Last Updated on August 7, 2020

40 Acts of Kindness to Make the World a Better Place

40 Acts of Kindness to Make the World a Better Place

“What you do makes a difference, and you have to decide what kind of difference you want to make.” — Jane Goodall

So, you want to change the world? Who says you can’t?

You’ve had the power this whole time. You just have to tap into it and embrace the ways you make changes.

You can start small or go big. The important thing is that you try. Even in little ways, we can change the world. It’s up to you to show up and make that difference.

Here are 40 acts of kindness to make the world a better place.

1. Give a Compliment

Tell someone that you care about them by complimenting them. It can be a big compliment or a small one. The point is that you share what good you see in them. That will help them develop confidence and a stronger sense of self.

2. Volunteer

There’re many reasons why doing voluntary work is good for you. Find a good cause you care about and give your time to it. Serve in some way. Volunteering transforms your hard work into other people’s happiness. This is one of the most common acts of kindness that you can do.

3. Contribute to a Charity

Similarly, charities also contribute to other people’s happiness even with minimal effort from you. If you can’t serve a charity or nonprofit, you can give financially or even raise money with a fundraiser. Volunteering and contributing to charity are acts of kindness that require sacrifice but are definitely worth it.

4. Visit Someone

People may know you care but are you present with them? It’s best to give your time to those you care about and show them that they matter to you. Go and visit them while you can. This simple act of kindness can go a long way.

5. Listen

When someone talks, are you really listening? A person will feel like you are listening if you actively respond and can repeat back what they’ve said, asking questions to further probe their problems. Regardless if you’re actively or passively listening, listening has positive effects on others, which is a step towards making the world a better place.

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6. Show Empathy

Show empathy – feel what someone else is feeling. Put yourself in their place. They may need that, and this shows that you understand what they are going through, which can help make them feel better. Showing empathy is one of the simplest yet best ways acts of kindness can manifest.

7. Point out the Positive for Someone

Not everyone can see the positive side of things, especially if they are going through very rough times. It may make their day though if you show it to them. Then, they can enjoy it, too.

8. Help Someone With Something

Do you have some skills to offer? Do you have the ability to help out? It doesn’t matter how you can help, just find some way to be of use to someone. You never know how doing so might find its way back to you. Ask how you may be of help, and it just might make someone’s day a lot better.

9. Give Input or Advice

Someone may benefit from what you know. You may have the experience that they don’t have. When you give input about something using your expertise (whether a little or a lot), you are more appreciated for doing so. Valid criticisms and feedback are always welcome, and they may even help others improve their situation.

10. Lead Others

You may now know it, but people may be looking to you as an example of what to do. You can lead them from point A to point B, maybe because you’ve gotten there yourself or because they trust you. Regardless, leading others is one of the best acts of kindness that you can do for others.

11. Promote Someone

Show off someone’s skills and their value. This will make them feel good enough as well as touched by this act of kindness. Promoting someone not only benefits them economically or financially, but it also helps them mentally and emotionally, knowing that you believe in them.

12. Solve a Problem for Someone

You don’t have to have all the answers. But if you have solved a problem for someone, they will look at you as if you do. That’s rewarding in and of itself.

13. Tell Someone That They Matter

People don’t always know their worth. Some people don’t recognize that they and what they do matter to others. If you tell them that they are worthwhile, they will feel better and be able to do better. They will look to you for strength at first, then to themselves.

14. Teach Someone a New Skill

You don’t have to be a teacher to share your knowledge. If you teach someone a new skill, they will spread the knowledge and your influence may extend to more people. This is a simple yet effective act of kindness that can help improve the world.

15. Plant a Tree, Clean up Trash, Recycle, Get Educated

Even in simple ways, taking care of the environment is important in making the world a better place. You must care about nature and its value. We are connected to nature, and nature is a big part of our world.

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16. Start a New Initiative Toward Social Good

You may not be the only one interested in an idea, but you may be the first to act on it. Lead others towards this initiative and see the goodness spread. Any initiative that benefits society will benefit the whole world.

17. Analyze if Products Are Ethical

In the current consumer culture, we often want instant gratification. But that’s not always safe or effective. We must look into the ethical practices behind the products we consume. Our consumption should be consistent with what we stand for, and we should spread the message to gain greater awareness of the right kind of products.

18. Ask Questions

This is called being considerate. When you ask someone a question, you are showing interest in and building their confidence to talk about themselves.

19. Make a New Friend

We can’t have a list of acts of kindness without including this one. Everyone needs friends. We must hold onto each other not hurt each other. Having friends means we’re no longer alone. You can share more and do more when you have a friend.

20. Positive Reinforcement

Rather than just criticizing someone for what they did wrong, praise and reward good behavior, too. This is especially useful when dealing with kids or in the workplace. Learn the benefits of positive reinforcement: Positive and Negative Reinforcement: Which Is More Effective?

21. Be Honest

This may just be a simple act of kindness, but people will feel respected if you are honest with them. It may not solve everything, but it helps them know you are trustworthy and that you care about them.

22. Give Your Time

Giving your time to help others shows them that you will be there for them no matter what. Your time is the most valuable thing that you can give, and this can encourage them to give their time to others as well.

23. Be Accountable

If you make a mistake, that’s okay. No one is perfect; everyone makes mistakes. But be accountable and try to make things better. This will let others know that they can rely on you.

24. Learn

Learn from someone. Listen to someone’s story, learn how someone does something, and be teachable. We can’t learn everything, so there will always be something new for us to learn.

25. Love

Love makes the world go round. Love is the ultimate manifestation of kindness. And when you love someone, let them know it. Let them feel that you are in their life for the right reasons and that you want to be there for them.

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26. Stand for Something

Society has many problems, and there are many causes to choose from. Find something you are passionate about such as a social justice issue, environment, animals, etc. The list goes on. What’s important is that you show conviction toward a good cause.

27. Write a Note of Encouragement

A nice note can turn someone’s day around. As long as what you wrote is from the heart, the recipient will feel that it is and will feel better than before.

28. Say “Thank you”

Saying “thank you” is often taken for granted. Such an act of kindness is often overlooked, but it’s still as important as before. Saying “thank you” is how you can make some feel appreciated and supported.

Here’re 60 Things To Be Thankful For In Life.

29. Heal Someone

If you can heal someone, you can make the world a better place. You can heal them emotionally, physically, or spiritually and if you heal them, they will never forget it. You will feel healed in your heart, too.

30. Be an Advocate

Stand up for someone or something. Sometimes, it’s not easy to do the right thing, but if you want to show that you care, you have to put a stop to any form of injustice. You may be the only one to take that stand. Know that it matters.

31. Raise Someone

Raising a human being is just one contribution that you can make in the world. This may be more complicated than the other acts of kindness, but it’s just as impactful. You can leave a legacy on the person who grows up under your care.

32. Embrace Community

“No man is an island.” It’s a common saying but it speaks the truth. We are meant to be social beings in need of each other. That is why we have communities. You can help a community flourish through what you bring to the table.

33. Hold Space for Someone

This means having no judgment. It is unconditional care and support without trying to solve someone else’s problems. It may be kinder than talking over them or taking over. Let them be, and let them know you’re there.

34. Forgive

Grudges hold us back. Second chances give us more life. It’s not just for them, it’s for us. When the situation is appropriate, be the bigger person and you will have a better life. Forgiveness may not come easy, but you’ll find that it transforms everything it touches.

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Learn How to Forgive and Live a Happy Life Again (A Step-By-Step Guide).

35. Give a Gift

If you give a gift, someone will have something that makes them think of you. They also learn that they are deserving of kindness, and they may feel good about themselves.

36. Keep Your Promises

People look to you for consistency. They want to know that they can count on you. Show them they can by keeping your promises.

37. Just Be Nice

Other acts of kindness require more effort, but you can just be nice and this will contribute to having a better world. The important thing is to always be aware of your words and actions.

38. Make Others a Priority

When was the last time you checked in with someone else and their wellbeing? How high up the list do you put them? Make them a priority and show them that they are being heard.

39. Meet Someone Where They’re at

You may not understand someone’s point of view or see a lack of experience compared to your own. But you can still meet them where they are and how they are still important to you. Find ways to use this to teach them how to be better. Find grace, patience, and understanding.

40. Save a Life

If someone’s in need and you answer the call, that simple act can change everything. Sometimes, the little things we do can already save or change the lives of others. Make the world a better place by saving those within it. This is the greatest thing you can do with all your talents, money, and time.

Final Thoughts

Can you think of more ways to make the world a better place? Then do it. Invite others to do it with you, too. This will change the world, but it will also change you. You will become happier and healthier to have done so.

Use this list anytime you need a good idea or a simple reminder of what you can do. No matter what you do, you are a hero. How you live is your legacy.

Featured photo credit: Andrea Tummons via unsplash.com

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