Are You At Risk?

By mikefilsaime | Uncategorized

Mar 16

Read the title of this article again and consider your gut reaction to the word “Risk”. If I told you that I’m a risk-taker, would you consider that to be a good thing or a bad thing? The truth is that, depending on the subject, being willing to take risks can be perceived as a positive or a negative attribute. If I said I was going to jump out of an aeroplane without a parachute, at the risk of my life, many would consider that to a very bad risk. But if I said I was going to send my manuscript to a publisher at the risk of being rejected, many would consider that to be a risk well worth taking. In fact, in the latter scenario, most would consider that NOT taking the risk is a bad thing.

Often, if we’re afraid to take risks, our decisions regarding situations that carry an element of danger are not made consciously. Our subconscious can take over and hold us back because, on some level, we’re afraid of what the results might be. Maybe we’re afraid of failure. Maybe we’re afraid of humiliation. Maybe we’re afraid of looking silly.

Apply this to a business setting for a moment. Some people are extremely comfortable with the planning phase, the preparation phase, the thinking-about-it phase or talking-about-it phase, but they never really just go out there and do it because they’re afraid of making the mistakes. They’re afraid of the risks that they’re going to be facing and are, in effect, saying to themselves, ‘Oh my gosh, what if this doesn’t work? Look at all the different people that are going to see me. They’re going to look down on me. They’re going to think I’m stupid. They’re going to look at me as a failure.’

If any of this sounds familiar, take heart. Most of the time this kind of self-limiting attitude is learned behaviour that, with a little effort, can be unlearned. It could be that avoiding risk is something you learned at from school. It’s not that schooling is bad but sometimes the way we learn things can have a very negative impact on our subconscious and our subsequent activities, behaviors, thoughts and feelings. A very distinguished professor named Arthur Combs from Northern California University once said: “Our entire educational system is built on right answers which produces a great fear of making mistakes and stifles creativity.

When success and failure is measured purely by right or wrong answers, then you’re being taught to avoid wrong answers at all costs. Failure in a test at school can lead to humiliation, angry teachers, disappointed parents, and so on. Scary stuff, right? But in business, failure can be a learning experience that guides you to a successful business.

The important question here is, could there be something you have subconsciously learned that is holding you back from taking the proactive type of risks that you need to take to succeed in your business or other areas of your life? To unlearn the equation that failure = bad, consider three questions.

1: What is your reward for taking a risk?

Sometimes it’s easy to reward ourselves if we take a risk and gain some measure of success. But what if you don’t succeed? What do you learn from that and how do you learn from that defeat so that, when you take the risk, it places you a step closer to overall success in your business?

If you can learn to find the positives from success and failure than you’ll gradually remove the barriers to risk taking. Eventually, you’ll stop seeing failures and, instead, simply see varying degrees of success.

2: What is your punishment for taking a risk?

Are there people in your life that punish you verbally or physically? Maybe you’re looked down upon. Maybe there are certain things that make you feel so down about yourself for taking a risk that you stop being willing to take the risk in the first place.

It could even be that you punish yourself? Do you punish yourself mentally for taking risks, especially if it doesn’t end up working out? When you merely think about taking a risk, do you punish yourself by hammering your self-esteem, hammering your self-image and using a lot of negative self-talk to pretty much grind yourself into the ground?

Those are hard questions but if you can bring yourself to ask them and then answer them honestly, you can identify the things in your life that need adjusting or even removing.

3: What’s your reward for not taking a risk?

This is perhaps the most important question of all. How do you make it okay for yourself to not take the risk? How do you make it okay for yourself to avoid exposure to the elements that you need to progress and move to that next level in your life? How are you making it okay to stay where you are, in a comfort zone? You may not even be doing these things consciously but you need to expose them so you can start to deal with it.

It’s only through risks that we can allow ourselves to expand and experience some of the bigger and greater things in life that we have the right to experience. These things are not just going to be handed to us. In life and in business, we have to go out there and get them. Every company that’s great today was, at some point in the past, a risk. And (really thing about this) the chances are good that it remains at risk.

Risk is something that we shouldn’t always be trying to avoid. Obviously there’s good risk and there’s bad risk; I’m not saying that you should run across the street in fast moving traffic. I’m talking about the kind of risk that’s necessary, that we all have to embrace if we want to expand ourselves and our business.

Face Your Fears

As human beings, fears are something we’re good at ignoring; we push them into our subconscious and allow them to manipulate our actions. It’s only by bringing those fears into our conscious that we can analyze them and decide whether or not they’re rational.

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Taking Risks – Questions to Consider

To explore risk as it applies to your particular situation, consider the following questions. Writing the answers out will help you to get to grips with your personal challenges so grab a notepad and pen.

1. What past experiences have you had that might have shaped the way you think about risk (personal experiences, things you have heard from others, etc…)?

2. Are there any beliefs you may have subconsciously learned that are holding you back from taking proactive risks? What are these beliefs?

3. What is your reward system? How do you reward yourself for taking risks? If you don’t already reward yourself, what are some ways that you could do so in the future?

4. Do you have any regrets over past risks you could have taken but were too scared to take at the time? What were the main things holding you back from taking those risks?

5. What is your punishment for taking a risk? Are there people in your life that punish you? Do you feel like you punish yourself for taking risks or do you feel guilty when you think about taking risks?

6. Describe an instance when you considered taking a risk and then have used negativity to bring yourself down and talk yourself out of taking the risk.

7. What is your reward for not taking a risk? In what ways do you make it okay for you not to take risks? In what ways do you tell yourself its okay to just stay where you are?

8. Describe the negative consequences for you of not taking risks. In what ways are risks a necessity if you want to progress and move to the next level in your life and in your business?

9. Name two risks you have been thinking about that you really want to take.

10. What are the potential positive outcomes of taking the risks? (Remember, even if they do not turn out as planned, you can still have positive outcomes such as gaining experience, learning a new skill, meeting new people, learning how you can do better next time, etc…) In what ways will you reward yourself for going ahead and taking these risks?

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By Stephen Pierce
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This article was originally featured in Mike Filsaime’s print newsletter, “MDC Monthly.” You can get a free trial copy shipped to your door by clicking here.
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Stephen Pierce is an Internet multi-millionaire and has been featured on TV stations, FOX, ABC, CBS, NBC, Bloomberg, and many more. He is known as one of the powerhouses of the Internet and teaches others to replicate his success. Follow Stephen at www.facebook.com/StephenPierceInc.

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I think that we are all at risk in some way. The rickiest thing in this moment is the economic recession that is taking place now. For this reason, I have started my challenge with a new website by simply doing what I like and I am genetically programmed for: to trade stocks. My new website (http://www.mystocktobuy.com) deals with Nasdaq stock and I hope to develop it as a good online business. So, every advice by you is well accepted. Bye, Fredrick

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Kate Ebert Keeling March 13, 2013

HERE IS A RISK.I am going to propose a need for you, Mike Filsaime, to meet with me to develop a core product with progressive components or up-sells that will help both local internet marketers and compel many more business owners of all sizes to buy comprehensive packages for start up and residual income generating continuity programs. These clients will be taking the first steps on their own, with fulfillment services being initiated automatically. The businesses will stay much longer, years even, paying month after month for the continuity program. Furthermore, they will be responsive if not initiating the contact with their local internet marketer for private consultations, paid at high hourly rates, for more and broader services. The local internet marketer/adviser will be available to do these consultations because they are not out pounding the pavement, cajoling and spending valuable time teaching business owners to buy base services in the first place. You will love this, because it all starts with a self funded and/or free offer to the business owners! I know how to show local marketers to not need to be experts at every service that their clients are going to be needing and asking for help. I have many component services that can be developed as add on products as the local marketers businesses grow or if they've got the money, to open doors to a turnkey full service organization (training programs required for each business branch). This model can be reproduced for other types of internet marketing businesses and markets too. My plan includes many surprises… How about prewritten researched and just customized business plans to expedite your business financing quests? Oh, and do I need to mention how big one or options for several fulfillment teams are going to grow. Mike, there is no way for you to lose to, at least, help me create the core program…which will be totally compliant and complementary to the Little Fish Blueprint and, well probably any or many other local internet marketing training programs, certainly the two most well known ones.

I have come up with a great solution to the fact that I have invested much time, energy and money into getting into internet marketing and especially local internet and social media marketing for local businesses and yet, progressively, I have failed. I have failed because of affected executive and memory retention functioning disability due to having sustained a traumatic brain injury (actually the least limiting of my problems because I've had rehabilitation, but things take me longer to do on my own) and a chronic illness called Myalgic Encephalomyelitis/Chronic Fatigue Syndrome. With each run in over the last two and a half years, with a limitation, I have been able to evaluate the limiting factors from my body and aggravating factors from the business/work itself to revise my plan. I had many, what I call, "pre-launches," all of value because I learned much about the business. I finally tried a lean launch (no business loan) of my offline business which I was certain I could handle, in October, only to face a relapse of the ME/CFS. This occurred in part, as I would say it was predisposed due to the very intense effort I had put into learning everything internet marketing that I could cram into my head during long hours at the pc and little time off leading up to that plan to launch. Keep in mind, I had been doing market research prior to that, "launch date," and I had coaching for it.

My first solution was that I would need to be more than a solo act, get a business loan and acquire and train local internet marketers/advisers and need a personal and executive assistant/project manager. However, while I was limited to the couch, recliner and very sedentary life while recovering from the ME/CFS relapse I had little more to do than think and ponder much about the business and marketing models I had studied, the often resistive response to "Internet Marketers," by business owners (thanks to swarms of people doing poor work, selling ill defined garbage services for high dollars and/or the absolute ignorance towards anything related to the real need for businesses to have an internet presence, SEO and a comprehensive plan to get real ROI and success. My personal problem, I realized was also a batch of problems that all local internet marketers face. The universal approach to marketing seemed to deal with giving away free assessment of a business web presence, leading to a, "Problems Meeting," followed by a, "Solutions Meeting." It works, but I found out that a fair amount of time it did not work (to be expected) but worse, it often lead to a getting bogged down into business owners wanting parts of programs or needing custom proposals and always much education. Two meetings would swell to more meetings ( all unpaid), and time sucking custom and educational proposals. So this is the personal story behind my brainstorming and formation of this great, systematic would be suite of products.

My Neurologist, after a recent in depth evaluation, said I would be great if I could find the opportunity to get paid for my ideas and guidance and self paced activity, but to give up any conventional form of employment or business plans. I think I have something great, but no funds (so little is needed, to do the central piece especially in relation to its high marketability and VALUE as the base and entry point to the other components and products) to move forward. I just need someone with resources such as your own to co-create and implement and build out my ideas. Would you give me a call and host my trip to CA to diagram in person the whole concept to your team? All I need is a big dry erase board to do it. If I had the money I would do a great computerized presentation, but I would need professionals to do that and well, just waste time that could be earning money for you, your followers+, and myself. 480-532-7670 Please call any day 1:00 to 5:00, except Tuesdays. I am open to others, who may be interested. Any information beyond this requires, security that my ideas remain my own property and safe from copy cats.

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