Practice these three exercises to feel more comfortable taking risks and motivate you to take action.
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s have to take big risks to be successful, but even the most famous leaders are sometimes scared when they have to jump. A well-known example is Kevin Rose, who almost never made Digg out of fear of failure, the successful social news site that made him a millionaire. Over time, he learned it Trust your instinct and take the initiative to learn the parts of the business that he didn’t understand and that startled him first.
You don’t have to be a natural risk taker to be successful, but you can learn how fear works and how to overcome it. When you are afraid or hesitate, your brain focuses on protecting you from harm. It is an adaptation strategy that has helped our ancestors to survive.
In this mode, your brain becomes super analytical. Catalog everything you can do wrong and remember error situations to be on the safe side. “The unintended consequences are that you become unmotivated and take no action,” said Monica Mehta, author of The entrepreneurial instinct.
Your brain is connected to prevent something from hurting you Loss aversion it is too powerful. “Loss aversion is two and a half times stronger than ambition,” says Mehta. With such a reach, there is no doubt that fear prevents people from acting.
However, your brain also has a system that releases chemicals that make you feel good when you’re doing something new and exciting. This system reduces loss aversion and rewards you for taking risks.
“People who have this system active focus on novelty and action,” says Mehta. To overcome fear, you need to use some strategies to focus on the positive side of risk. We share three tips to do this:
1. Don’t suspect the pros and cons
When you take risks, all you need is research and instinct to make a good decision. Falling into the trap of pros and cons only helps to activate fear. “The more you switch to analysis mode, the more active is the part of the brain in which you feel anxious and unmotivated,” says Mehta.
If your instinct says yes, stop fear from stopping you from acting. That doesn’t mean you’re ruthless, but the sooner you take action, the less likely you are to be afraid.
2. Set yourself many goals small
To familiarize yourself with the risk, first define a number of manageable challenges that you can achieve in the short term. It contains some tasks that are fearful, but the main purpose is that you have repeated success.
All of these early successes will help you look for bigger risks. “Every time we succeed, our brain releases dopamine, which motivates us to look for the next success,” says Mehta. If you take a big risk at this point, you are motivated to take action and less afraid of possible mistakes.
3. Surround yourself with risky people
Exposure is a good part of the risk. If there are people in your circle of friends, especially in your family, who are willing to take risks, you are more likely to take them.
Risk takers will motivate you to take every opportunity and make them vivid examples of what it means to risk, fail, and risk again. “If you look at the biography of someone who is famous, you will find that success comes after many failures,” concludes Mehta.