Why you need to stop playing it safe

Anyone who knows me will tell you that I’m not really a risk-taker. 

Assess The Risk

I don’t believe in hedging bets or property hot-spotting, and I’m not a gambler or adrenalin-junkie.

However, I do know how to identify a good opportunity and seize it when one comes my way.

I also know a lemon when I see one, and can spot a dodgy investment a mile off.

These are good life skills to have and can really make the difference between a life lived to your full potential and one lived in fear.

See, the thing is: you don’t want to go too far in either direction. 

investing successfully

Live without any risk whatsoever and you’ll never get ahead.

Live with too much risk and you’ll forever be trapped in a cycle of soaring too high and then crashing and burning.

You want to be able to take calculated and considered risk, and this involves mostly head, but a little bit of heart too!

A lot of people are playing it safe though.

They’re in jobs they don’t like and their potential remains buried.

They see a moment where they could step outside their comfort zone and do something different, but they baulk instead.

Here are some common signs, you’re playing it too safe:

YOU’RE BORED

Boredom is fine when you’re a child, but in adults it shows you’re disconnected from your passions and imagination.

A person striving for their dreams is never bored because they have too much going on.

Take boredom as a wake-up call.

YOU SAY NO MORE THAN YOU SAY YES

Are you one of those people who has started putting things in the too-hard basket? Yes No

When someone in your work team comes up with an idea that’s slightly left-of-centre, what do you say?

Do you dismiss it without proper consideration?

You see, most people are glass-half full or glass-half empty types, and if you fall into the latter category, you probably hear yourself saying the word ‘no’ a lot.

Next time you instinctively want to say ‘no’, maybe change tack and try a ‘yes’ for a change.

You might be pleasantly surprised by the outcome.

YOU LIVE IN THE PAST

Bad things happen to everyone, but if you let the past dictate the future you’ll never achieve anything. Live In The Present Moment Past Future

Ask yourself honestly whether your dreams are being held back by fears of what happened the last time you tried something out of the ordinary.

Maybe you were laughed at?

Maybe you failed?

So what, it doesn’t matter.

The past will only repeat itself if you re-live it everyday in your head.

YOU’RE STUCK IN A ROUTINE

Let me ask you this: what are you having for lunch today? Routine

Is it something different or is it the same thing you eat every day?

How does your weekend look?

Have you got anything interesting planned or will you just do the same old routine?

The less often you try new things, the harder it will be to break out of your comfort zone when it’s time to take a big leap.

YOU LET OTHERS DECIDE FOR YOU

Far too many people look for validation from others.

They want to be told they’re good enough for the job, smart enough for the role, worthy of the promotion.

THEN maybe they’ll give something new a go.

Let me tell you something: if you wait for approval from others, you’re going to be waiting a very long time. Decision Making

Don’t wait for other people to tell you who you are and what you deserve. Only you should decide that.

So maybe today is the time you make some changes.

Say ‘yes’ to a few more things, try something different.

Test your limits and boundaries.

The one thing I know for sure is that success is not possible if you play it safe.

Think about the unique traits you bring to the world (everyone has something to offer) and how best to use those skills.

Focus on using your skills, and what comes naturally to you, and the confidence gathered from these experiences will help you step outside your comfort zone and take a big leap one day.

It’s small steps at first, but one day you’ll look back and realise just how far you’ve come.

Michael Yardney Mentorship Program

icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Michael Yardney

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Why you need to stop playing it safe' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


facebook
twitter
email