Are You A Risk-Taker?
May 4, 2007 by Darlene McDaniel
Are you a Risk-Taker? Or do you need a sure thing in order to start or grow your business? Risk-taking is a prerequisite for any entrepreneur. No matter how you slice it, there is never a guarantee with any business.
When I think about risk-taking I see Peter stepping out of the boat and walking on water. When I think of resistance to risk-taking I see a rut; a rut where many people are stuck. That rut represents your comfort zone.
Stepping out of the boat = RISK vs. Rut = Comfort Zone
Where do you live? I will not presume to know where Boomers live between walking on water and being stuck in the comfort zone. What I can say is you know where you live and you know where you need to live. So take some time and think about it. Do you need to step out of the boat?
Boomers are not necessarily willing to take as much risk in business as their younger contemporaries, Gen-Yers. According to an article written by Kristen Edelhauser called Gen-Yers vs. Boomers “About 72 percent of Gen-Y entrepreneurs say they like to take risk, though only 53 percent of Boomers could say the same.”
Obviously 47 percent are willing to take risk and that’s good. I wonder what would happen if the 53 percent of Boomers unwilling to take risk or leary of taking risk were to step out of the boat, what would happen in their business? Hmm…
Great article, Darlene. Yes, to step outside your box requires risk. Most home business owners do just this. They may start tentatively at first, but at some point risks must be taken if you want to realize your dreams,
Hey Mary Emma, I agree with you that most home business owners do live in the world of risk and risk taking. Successful business owners, home business or otherwise learn how to grow their business with creative ideas that challenge them to continually step out of the boat in order to go to new levels.
hello.
i am agree with your statement.always use innovative ideas for bulding u pa successful company.and side by side it require risks too.
Hi Sheena,
Thanks for your comment!!