Chance Opportunity and Gauging Your Risk
What about chance opportunity? The opportunity that presents itself, or you create, yet there is risk involved. Should you take it?
People often wait for the opportunity of a lifetime. They nestle in, they coast, they cruise, and they wait.
They may wait for the lottery, a marriage proposal, or a job with a salary that changes everything.
Life is full of risk. Error on the side of caution is often the advice. It may not be bad advice and it also may not be good advice.
Your chance opportunity is going to require some risk.
Will you take that chance?
Chance Opportunity
You have a chance to close a big sale but it requires a lot of unusual effort. You’re busy and can pick some other low-hanging fruit, but those opportunities are with lower revenue-producing clients. Do you put in the unusual effort or stay where it is safe and comfortable?
The product development team at your job needs a new design. There is both a stall and a void in the marketplace and you have an idea. Bringing the idea forward will require you to approach the CEO with some very unconventional strategies. You risk being labeled as crazy or seeking to break organizational norms. Should you speak up?
An unexpected job offer lands on your plate. It is a big change and you’ve been committed to your current endeavor for a long time. It will change your daily routine greatly, but your family would benefit from the additional income. Stay or go?
Lessening the risk is sometimes possible. It is also often a gamble, a negotiation of sorts, and a wrong move might weaken or completely sour the deal.
You’re never going to have zero risk.
It’s true that most cases of big rewards come with even bigger risks. Taking risk lightly is not the solution. Frozen in fear isn’t a good idea either.
This may be your only chance. Are you willing to risk the loss of the opportunity? Have you calculated what that costs?
-DEG
Dennis E. Gilbert is a business consultant, speaker (CSPTM), and culture expert. He is a five-time author and the founder of Appreciative Strategies, LLC. His business focuses on positive human performance improvement solutions through Appreciative Strategies®. Reach him through his website at Dennis-Gilbert.com or by calling +1 646.546.5553.
