A Man's Guide to Taking More Risks | FRIDAY FIELD NOTES
Episode Stats
Summary
In this episode, I discuss the benefits of taking calculated, measured, bold risks in your life and how to ensure that the risks you are taking are going to pay off in the long-term. Being a man who is willing, able, and capable of taking risks in his life is the one who is going to have the most achievement in his relationships, the most success in his business, and the most financial abundance.
Transcript
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and do the things that you know you should be doing
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is that they think because of where they are right now,
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And this is how we give ourselves maximum opportunity
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to take more risks than our female counterparts.
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But that being said, there are opportunities in your life
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And being a man who is willing, able, and capable
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of taking calculated, measured, bold risks in his life
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is the one who's going to have the most achievement.
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invest in a new opportunity, et cetera, et cetera.
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is talk with you about five things that you can do,
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not only to calculate the risks that you're taking,
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Now, inherent in risk is the potential for loss.
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that whatever I share with you and whatever you do
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It just means you're going to position yourself best
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and then decide if taking the risk is worth it or not.
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Number one, you men have to know what you want.
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any risk could potentially look like a great opportunity,
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you don't really know if that risk is worth it or not.
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It might just be reckless unless you spend time
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It could be goals-based, like the things that you want to have
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Or for me personally, I choose to adopt a vision,
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And a values-based vision is based on the values
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So not so much goal-driven, but how I want to show up.
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So I want to show up powerfully for my family and my friends.
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I want to be prudent and smart with my resources
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of our Brotherhood, the Iron Council, all the time.
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a little bit of money, maybe a better marriage,
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maybe some experiences down the road or opportunity.
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But if I ask them to get even more specific than that,
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What does a healthy relationship actually look like?
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How do you see yourself promoting in your current career path?
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it doesn't really matter what risk you're looking at
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This is the way that we can actually take more risk
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because we're measuring it against what we want out of life.
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If we wait until those opportunities present themselves,
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we're less likely to make good, prudent decisions
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we get emotionally charged, maybe we get greedy,
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and we allow the emotional response to take over
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rather than the deliberate, intentional, thoughtful process
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to take hold and measure our risk-taking against.
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or the bigger the risk, the greater the reward.
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I know of plenty of situations in a former life.
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that had a huge, huge opportunity to create a return,
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that maybe an investor was not willing to shoulder.
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but they had a huge amount of risk associated with it.
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So that's not something I would be interested in.
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But what you need to do is you really need to measure
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against the potential reward and the potential loss.
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So if we're talking about asking a woman's hand in marriage,
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If we're talking about creating financial abundance
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and you have a mortgage to pay and consumer debt
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and everything else that comes with being a man,
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then maybe right now, if you haven't hedged your bet
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then starting a business is not really the best thing to do.
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In fact, most of the advice that you hear on the interwebs,
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And when you ask these individuals who give that advice,
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So take a look at the risk you're thinking about taking
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with step number one, the vision that I have for myself?
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you're actually minimizing the potential reward
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that you could get through the risk that you're taking.
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But I'm not talking about hedging, not by going all in.
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In a lot of ways, we refer to this as sovereignty.
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they're looking for funding and they need investors
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If you're not and have not been up to that point
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actively working on improving your financial situation
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and that's literally all that I have to my name
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and my work and career is on the rocks right now
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and I decide to go ahead and invest that $100,000,
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Your friend comes to you with a business opportunity,
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who have a woman that they wanna ask on a date.
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or any other environment that he sees this woman.
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If she's the only woman that he's ever approached
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and he approaches women that he is interested in,
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because of who he is and how he approaches the world,
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because the risk is subjectively higher for you
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and do the things that you know you should be doing
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is that they think because of where they are right now,
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So you think because you're in a fairly good position
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right now that you don't really need to do anything,
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that you can continue to be mediocre in your marriage,
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that you can continue to scoot by in your career path.
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What you don't see is that looming medical problem
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because you gain two or three or four pounds every year.
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that actually puts your job on the chopping block,
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because things seem to be going well right now.
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and this is how we give ourselves maximum opportunity
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and I hope you understand what I mean when I say that.
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Again, this goes back to measuring risk versus reward.
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They don't always match up, so be smart about that.
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We've got hedging your bets, not by not going all in,
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it stands for strengths, weaknesses, opportunities, and threats.
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There's going to be things that you're not good at.
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And you better acknowledge and recognize what they are.
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It shows a measure of inadequacy and discomfort
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is not as valuable or interesting to the market
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in that if things shift in the political climate,
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Like a great example of that would be electric cars.
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or maybe you want to learn how to get a promotion
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That's the thing that most people don't understand
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The alternative is that it could literally cost you
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The reason that most people will not get the coaching
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the cost is so much higher to not getting coaching,
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There's email newsletters you can get access to.
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You can go to the library and get a library card
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This is going to get more and more expensive as I go.
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who's sharing information that you're interested in.
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And then it could be ultimately one-to-one coaching.
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And that's probably going to be the most expensive route,
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don't think I'm saying go straight to one-to-one coaching
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There's a lot of other different ways to do it.
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But don't leave that on the table because it's expensive.
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I would just rather pay upfront, expedite the process.
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and I'm going to have those results that much faster.
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Just burn the boats, burn the bridges, go all in,
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especially if the people in our lives are impacted
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I think we're, in a lot of ways, expected to take risks.
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and they're looking for somebody who's bold and courageous,
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And I'd love to hear what kind of risks you're taking,
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but I want us to do it in a smart, intelligent,
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take risks, and become the man you are meant to be.
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Thank you for listening to the Order of Man podcast.
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We invite you to join the order at orderofman.com.