Sign InMy Account

Taking Risks for Success

Posted By: Randy GageAugust 27, 2019

In the last two posts we looked at hope versus delusion, and I said that if you really believe in your idea, you should take a shot.  Too many people are risk-adverse, and operate their lives in fear-based modes.  I talked about this in depth on podcast #140 Secret of the Super Achievers. Worth a listen if you haven’t already.   Here’s the basis of the hypothesis.

  • Younger, less successful people are more open to risk. (Likely because they have less to lose.)
  • Older, more successful people are more conservative and risk-averse. (Likely because they have more to lose, and less tie to regain any losses.)
  • As you gain in years and success, your willingness to risk ratio decreases accordingly. (Exactly for the reasons above.)
  • The people who would classify as Super Achievers buck this trend. (Complete opposite and counterintuitive of all conventional wisdom and societal norms.)

Elon Musk made a fortune as a co-founder of PayPal.  He had nothing to prove and lots to lose.  Yet he rolled the dice and risked everything to launch Tesla, The Boring Company and Space X.

Oprah had the most popular TV show since the earth’s crust cooled.  Yet she walked away from it, and took a massive risk to launch her own television network.

Elon, Oprah and other high achievers like Walt Disney, Steve Jobs, and George Lucas are willing to take risks in scenarios that “normal” people simply are not willing to. If you want to become the highest possible version of yourself. You’re going to have to take some risks.

If you truly understood your godlike nature, you would never play small again.

-RG

4 comments on “Taking Risks for Success”

  1. There is this guy in Poland: Mariusz Pudzianowski. He won multiple strongman contests worldwide and made his fortune this way. He is now retired from lifting weights, but check this out, instead of settling down he became a MMA fighter! Just out of ambition, as he already has all the money he needs. A cage match is several times more dangerous than a "farmer's walk" and this guy, now a millionaire, walks in and risks his health with younger opponents. He had to adjust his body a lot, lose weight, learn the moves etc His spirit is that of an (over)achiever.

Leave a Reply to Peter Horrill Cancel reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
  • Stay Connected

    Subscribe to Randy’s Blog via Email

  • Recent Posts

  • 4 comments on “Taking Risks for Success”

    1. There is this guy in Poland: Mariusz Pudzianowski. He won multiple strongman contests worldwide and made his fortune this way. He is now retired from lifting weights, but check this out, instead of settling down he became a MMA fighter! Just out of ambition, as he already has all the money he needs. A cage match is several times more dangerous than a "farmer's walk" and this guy, now a millionaire, walks in and risks his health with younger opponents. He had to adjust his body a lot, lose weight, learn the moves etc His spirit is that of an (over)achiever.

    Leave a Reply to Peter Horrill Cancel reply

    Your email address will not be published.

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    © 2020 Prosperity Factory, Inc. All Rights Reserved. Legal Information, Sitemap, Site by PrimeConcepts