One of the best traits of most successful entrepreneurs and investors is the willingness to take a risk. If you want to be successful you must be willing to take the risk and do the research to see if there is a legitimate avenue for a long-term successful income structure for you? You don’t just blindly throw your cards on the table, but once the research is done and the risk is examined, if it feels right intuitively, now you have information or reason to move forward and make the decision.
I use my intuition to navigate through the risk and see what the rewards will be on the other side. The reward is usually greater than the risk.
You would be surprised to learn that whenever you set out to really delve in and do something, you usually accomplish it, because when you do the research you see that the risk isn’t as big as you might have though. Just make sure you don’t freak yourself out before you actually do the research, because; you may never find out what is available to you? When you’re ready take on what intuitively is comfortable for you.
An unwillingness to take a risk and look is why so few people are rich.
People don’t take risk because they are:
* Afraid to lose
* Afraid to try
* Focused on their past failures and difficulties
* Simply think they can’t
* Easily influenced by the opinions of others
Whenever I pass a mansion I don’t think “gee It must be nice to have such a big house?” I only see one thing, someone who took the risk, played to win, and is now living in one of the end results of their actions.
There are so many people focus on “how” they are going to do something, when they should just simply take the first step toward their goal and get the ball rolling. Do you think that Tiger Woods enters the U.S. Open knowing exactly where he is going to hit each shot and what his score will be each day?
No, he steps up to the first tee and takes it one shot at a time and deals with whatever the golf course gives him at that moment. Nothing takes him out of focus.
People like Tiger Woods have an unbelievable amount of confidence in their ability to judge when and what risks to take, and in their ability to do whatever it is they set out to do. They develop this skill through experience.
Tiger Woods knows when to try to take advantage and when to sit back. He also has a lot of skill to help him, which he acquired through:
* Tons of practice
* Failure
* Self-discipline
* Persistence
* Dedication
* Vision
* Focus on a specific goal
* Using coaches
Even Tiger Woods needs professional guidance from time to time so don’t be afraid to ask others for advice. But make sure you ask or listen to the right people. Do not ask someone that is a failure and unsuccessful in life or business for the advice that going to improve your life!
You need to always hold positive images of yourself and your future in your mind if you want your goals to come true, even if they aren’t going to happen on that particular day.
Another very important trait of successful entrepreneurs is that they very seldom follow the herd. What I mean by that is they think for themselves and make decisions on what they want to achieve, never follow the large crowd of people. The masses are not wealthy and successful, only a small percentage of people are.
If you want to be successful in this challenged job market you need to:
* Never follow the masses looking for another job because that won’t get you there
* Get the information on the opportunity before making a decision
* When the crowd is looking for a job, go on and research running your own business.
Take the current state of the real estate market as an example. The market started to really take off in the early 2000?s all of the amateur investors and people who owned homes tried to cash in on the real estate boom. The market became flooded with overpriced houses, and people trying to jump into the real estate “Flip that house” bandwagon too late.
Many amateurs have been foreclosed upon and many people are stuck with high mortgage payments for houses they can’t afford. One basic principle of successful real estate investing is to buy whenever everyone else is selling or sell when everyone else is buying. In other words, do the opposite of what the majority of people do.
Be a professional entrepreneur and don’t follow the herd. Set high goals, and start a business that is built around what you love to do.
Do you research to assess risk, but when your gut is screaming at you to do it, even though you are scared and unsure, don’t hesitate and do it. You will figure it out. Hoping these tips will help, I wish you the best of success…