The Motivation Movement | Inspirational Quotes, Daily Advice, Lifestyle Design, Personal Development

026: Taking a Calculated Risk


Listen Later

“I do not choose to be a common man, it is my right to be uncommon. If I can I seek opportunity, not security. I want to take the calculated risk - to dream and to build, to fail and to succeed, to refuse to barter incentive for the dole. I prefer the challenges of life to guaranteed existence, the thrill of fulfillment to the stale calm of utopians.” - Peter O'Toole

You can minimize the downside of taking a risk by calculating all of the risk factors involved. And I'm not talking about deep analytics and artificial intelligence with complex equations because ain't nobody got time for that.

What's essential to success in any of these facets of life is taking a calculated approach in your decision making process. And in your risk tolerance assessment, minimize the negatives, maximize the positives.

It's important to note that not all risks are created equal. At the end of the day, you've got to put the hard work in to determine that the chances of success in this opportunity are higher than the chances of failure.

Fear actually causes you to overestimate risk, which is not helpful at all.

#TheMotivationMovement @mRuddo mRuddo.com

Click to view: show page on Awesound

...more
View all episodesView all episodes
Download on the App Store

The Motivation Movement | Inspirational Quotes, Daily Advice, Lifestyle Design, Personal DevelopmentBy Michael Russo (mRuddo)

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

186 ratings


More shows like The Motivation Movement | Inspirational Quotes, Daily Advice, Lifestyle Design, Personal Development

View all
This American Life by This American Life

This American Life

91,069 Listeners

Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,758 Listeners

The Basement Yard by Santagato Studios

The Basement Yard

13,866 Listeners

Daily Boost  - Motivation and Coaching by Scott Smith - Motivation and Coaching

Daily Boost - Motivation and Coaching

1,352 Listeners

Progress Mode with Brendon Burchard by Brendon Burchard

Progress Mode with Brendon Burchard

3,681 Listeners

Joel Osteen Podcast by Joel Osteen, SiriusXM

Joel Osteen Podcast

24,677 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,035 Listeners

Crime Junkie by audiochuck

Crime Junkie

368,734 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,679 Listeners

Motivational and Inspirational by Motivation And Inspiration

Motivational and Inspirational

1,088 Listeners

Be Better YOU by Gareth Boot

Be Better YOU

9 Listeners

Motivation Daily by Motiversity by Motiversity

Motivation Daily by Motiversity

1,998 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,186 Listeners

Daily Motivational Positivity by Prime.net

Daily Motivational Positivity

9 Listeners