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4 Reasons Smart Leaders Know When to Stop Playing It Safe

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https://www.inc.com/minda-zetlin/4-reasons-smart-leaders-know-when-to-stop-playing-it-safe.html

inc.com

4 Reasons Smart Leaders Know When to Stop Playing It Safe
Do you have the courage to make the riskier choice if you know it will make you happy? That's the question that faced Canadian entrepreneur Carol Leaman when she sold her share of social analytics company PostRank to Google in 2011.

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Ask yourself what makes you happy

An opportunity should not only be viewed by the benefits it provides. 

Knowing how the opportunity will make you happy should also have an influence on your decisions.

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Be willing to gamble on yourself

Moving on in life is possible if you have a good understanding and knowledge of yourself.

Believe in yourself that you are able to figure out a way forward. 

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Double down

Finding a good opportunity may leave you to put everything in to make it work, and the confidence to move beyond your safety nets. 

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The safe thing may not be the right thing

Life challenges us. We have the ability to meet those challenges if we believe we can.

Consider how you got past other challenges to give you confidence to handle the next one.

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Playing it safe: a silent killer

The dangers of playing it safe appear so gradually that they rarely get noticed.

It is like a slow leak in a tire, you only notice it when you are stuck. You don't have an idea of how it h...

Hanging onto old ideas

People try desperately to hang on to antiquated ways of doing business because of a false sense of security. They believe that they can maintain their old ideas indefinitely, even if all evidence shows the contrary.

Question everything

Questioning everything could help you to spot problems and create a culture of understanding and action.

What does this business look like in five years?  What are our customers worrying about today? What will concern them tomorrow? Where are we failing to communicate? Are we capitalizing on all our strengths? What opportunities are we missing?

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Align your decisions with your vision

Find the right people to bring on board and the best strategies or tools to use. Be very clear about why you are creating your product.

Develop a presales waiting list 

.... with your early supporters. Get people excited in advance. There is a risk if the production run goes south, but this is a good way to pay for early production costs.

You can’t take “no” for an answer

Just because somebody tells you no, that’s their limitation.

Just keep pressing forward until you feel you’ve come to the end of the path, but do not let the end of your path be because someone else does not believe in your idea. 

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Self-Made Millennials

Millennials who claim to be ‘self-made’ get support from their parents and in some cases, enjoy the privilege too, but are reluctant to admit the same. They have to show the world that they are abl...

The Truth About Millennial Money

  • It’s important to share your real struggles, support and fundings once you find success, or it gives a distorted and false impression to those struggling without any resources. There shouldn’t be a stigma attached to getting help from parents and spouses.
  • It’s imperative to have transparency about money and understand that in any structure of privilege, the people at the top have to take into account what it means to people below them, who are struggling with meagre resources or a network of supporters.