540 | The Pros & Cons: Becoming a Risk Taker

Use the timestamps below to guide you better as a leader or individual:Are you a risk taker? 0:00Three big things leaders need to consider when deciding whether or not to take that risk and what they may risk by not taking it.Are you a risk taker?Intro to today’s show. 1:47Today's episode will examine ways to assess risks and what might be holding us back from taking necessary and important action in the face of uncertainty.This show is about making better decisions.When it comes to risk, brian enjoys taking risks. He has raced formula cars and is a multi-business owner. He likes to calculate risk.He asks the question, how could this fail? What could failure look like? He wants to know the potential risk and potential loss.Taking a leap of faith. 5:50When joel started his business, he took a big leap of faith, and it became way more than he thought it was going to be in the beginning.He has done over 500 next level life change programs, including a scholarship program for single moms and single dads.Take the leap of faith. God is not calling you to anything that's going to fail. god's never going to call you to something that goes against him.Three big choices to learn as a risk taker, starting with taking baby steps.Understanding your capacity and understanding your weaknesses. 11:18The biggest risk is not taking any risks at all, and not knowing what your capacity is or how to live life to the best.Keys to understanding your capacity.If you don't take risks, failure will be your master, not your teacher. Failure is the greatest teacher for the student who is willing to learn.The five aspects that allow you to fail, as long as it's not a fatal failure.How he started investing in real estate. 15:56He started investing in real estate when he was 10 years old and wanted to own real estate as a kid.He has a couple of real estate companies.Putting money back into people as a resource to change lives and impact more people.Hiring marketing people that didn't make things happen over the decades.Embrace failure, not fear. 19:51Number two is embracing failure, not fear. Failure is part of any learning process, but fear keeps us bound to mediocrity.Fear is a colossal waste of time.Fear is an incredibly small percentage of the fear that you experience in a day, but it creates all the rest.The bulk of fear is being afraid of man's opinion.Healthy people vs toxic people. 24:00The opinions you should be concerned about are the ones that come from healthy people who know what they are talking about.The victim mentality that is going around right now.How spending time around people who are victims leads to becoming one, and how to make better decisions in life.The...