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Transcript

The Real Truth About Risk-Takers – Unlock Your Potential and Take the Leap · Motivational Podcast

• 0:01
  Speaker 1: Risk, according to Webster, is the chance of injury, damage, loss,
• 0:05
  Speaker 1: the failure of your expectation.
• 0:08
  Speaker 2: The biggest risk you can take is not taking any risk.
• 0:14
  Speaker 1: Almost any accomplishment in the history of the world has
• 0:19
  Speaker 1: come at the hands of people who've taken risks, people
• 0:22
  Speaker 1: who are willing to push the envelope, people who are
• 0:25
  Speaker 1: willing to explore the unknown.
• 0:29
  Speaker 3: Every failed experiment is one step closer to success.
• 0:33
  Speaker 4: You've got to take risks. I found that nothing in
• 0:36
  Speaker 4: life is worthwhile unless you take risks.
• 0:44
  Speaker 5: Risk is to drive me right up the wall. I
• 0:47
  Speaker 5: used to say, what if this happens. It's called the
• 0:52
  Speaker 5: language of the poor. What if this happens? And on
• 0:56
  Speaker 5: top of that, if this was to happen, look at
• 0:58
  Speaker 5: the fix. I'd better not try. I could always raise
• 1:04
  Speaker 5: myself out. Then I'll tell you what changed my whole
• 1:07
  Speaker 5: life when I finally discovered it's all risky. The minute
• 1:14
  Speaker 5: you were born, it got risky. If you think trying
• 1:17
  Speaker 5: is risky, wait till they hand you the bill for
• 1:19
  Speaker 5: not trying.
• 1:21
  Speaker 6: The greatest risk they take is not taking one, and
• 1:23
  Speaker 6: I use it to this day. Anytime I feel that
• 1:28
  Speaker 6: should I I feel nervous like I feel right now,
• 1:33
  Speaker 6: and I take the risk.
• 1:37
  Speaker 7: Whatever it is that you want to do, there's gonna
• 1:40
  Speaker 7: be risk in your life, and risk is a necessary
• 1:43
  Speaker 7: component of progress.
• 1:47
  Speaker 5: The Englishman says, well, if that's the way it's gonna
• 1:49
  Speaker 5: work out, let's give it a go, right, that's what
• 1:52
  Speaker 5: it's for.
• 1:52
  Speaker 6: Give it a go.
• 1:56
  Speaker 5: Somebody says, yeah, but I'm looking for safety and security. Fine,
• 1:59
  Speaker 5: then huddling a core will cover you with a sheep,
• 2:02
  Speaker 5: bring you three meals a day, and will protect you,
• 2:06
  Speaker 5: feed you, look after you, care for you. We won't
• 2:09
  Speaker 5: let anything happen to you, and you'll probably live to
• 2:12
  Speaker 5: be one hundred. The guy said, yeah, I live to
• 2:16
  Speaker 5: be one hundred. But what a way to live, right,
• 2:20
  Speaker 5: What a way to live safe and secure? Dog, ask
• 2:23
  Speaker 5: for security, ask for adventure. Better to live thirty years
• 2:33
  Speaker 5: full of adventure than one hundred years safe in the corner.
• 2:37
  Speaker 5: And see, it's not important how long you live. What's
• 2:40
  Speaker 5: important is how you live. If you think investing is risky,
• 2:45
  Speaker 5: wait till you get the tab for not investing. See,
• 2:47
  Speaker 5: it's all risky. Getting married is risky, having children is risky.
• 2:51
  Speaker 5: Going into business is risky. Investing your money is risky.
• 2:54
  Speaker 5: It's all risky. I'll tell you how risky life is.
• 2:58
  Speaker 5: You're not going to get out of live.
• 3:02
  Speaker 6: Right.
• 3:02
  Speaker 2: And a lot of people I think think that, you know,
• 3:05
  Speaker 2: whenever it comes to whenever you get yourself into a
• 3:08
  Speaker 2: position where you have to make some big shift and
• 3:11
  Speaker 2: direction or do something, you know, there are always people
• 3:15
  Speaker 2: are going to point to the downside risks of that decision,
• 3:18
  Speaker 2: and locally they're may be right, right. I mean, for
• 3:23
  Speaker 2: any given decision that you're going to make, there's upsided downside.
• 3:26
  Speaker 2: If you are stagnant and you don't make those changes,
• 3:30
  Speaker 2: then then I think you're guaranteed to fail right and
• 3:33
  Speaker 2: not not catch up. So to some degree, I think
• 3:36
  Speaker 2: it's really right that over time, the biggest risk that
• 3:39
  Speaker 2: you can take is to not take any risks.
• 3:43
  Speaker 8: As a business grows, the natural tendency would be to
• 3:47
  Speaker 8: take fewer risks and to be cautious and to have
• 3:51
  Speaker 8: contingency plans. But in a business that's changing very quickly
• 3:55
  Speaker 8: or one that you want to grow, you actually need
• 3:58
  Speaker 8: to be explicit about accepting risk.
• 4:02
  Speaker 3: One of the.
• 4:04
  Speaker 8: People who work with me kind of described it this
• 4:06
  Speaker 8: way that you know, I was sort of encouraging this person, Hey,
• 4:10
  Speaker 8: you know, let's try this, want me do this? How
• 4:11
  Speaker 8: about this? And at some point you kind of came
• 4:14
  Speaker 8: back and said, so, what you're telling me is you
• 4:16
  Speaker 8: want me to try to do ten things, and if
• 4:19
  Speaker 8: I only get eight of them, you know, you'll be
• 4:21
  Speaker 8: okay with that. You know, if I don't get all,
• 4:24
  Speaker 8: you know, all ten versus you know, having five things
• 4:28
  Speaker 8: and doing all five perfectly, that's exactly right, you know.
• 4:31
  Speaker 8: You know, we want to accept some experiments.
• 4:39
  Speaker 1: You know. The key thing about taking risk is learning,
• 4:43
  Speaker 1: you know, and if something doesn't work out, learn from
• 4:46
  Speaker 1: it and then you're able to move further. We have
• 4:48
  Speaker 1: to always recognize that, you know, knowledge frequently comes at
• 4:53
  Speaker 1: a price, you know, Thomas Edison said, you know, nine
• 4:56
  Speaker 1: hundred and ninety nine ways at a light bulb did
• 4:58
  Speaker 1: not you know, many of us are familiar with the
• 5:01
  Speaker 1: cleaning formula four O nine. Why do they call it that?
• 5:04
  Speaker 1: The first four hundred and eight didn't work? You know,
• 5:06
  Speaker 1: but you know, you just put these things into perspective
• 5:09
  Speaker 1: and you learn from them. Walter Dandy, the great nurse
• 5:12
  Speaker 1: urgeon that John's happens many decades ago, was the first
• 5:14
  Speaker 1: one to do operations on the posterier foss of the
• 5:17
  Speaker 1: back part of the brain. No one thought it could
• 5:19
  Speaker 1: be done. First thirteen patients all died.
• 5:23
  Speaker 5: MM.
• 5:24
  Speaker 1: Now can you imagine how devastating that was? And I
• 5:27
  Speaker 1: I can't even imagine what he said to the fourteenth
• 5:29
  Speaker 1: patient when they said, how the other thirteen? Do?
• 5:31
  Speaker 9: You know?
• 5:32
  Speaker 1: But but the fact of the matter is we now
• 5:35
  Speaker 1: are able to do that operation routinely and safely. Right.
• 5:39
  Speaker 1: Uh did one last week and so you know, we
• 5:43
  Speaker 1: just have to to put all these things in perspective
• 5:46
  Speaker 1: and recognize that we will never make progress unless we're
• 5:50
  Speaker 1: willing to take risks. But we have to take them
• 5:54
  Speaker 1: in an appropriate fashion, right because you know, there there's
• 5:59
  Speaker 1: a large group of people who never get anywhere because
• 6:02
  Speaker 1: they're afraid to take a risk. There's another group of
• 6:05
  Speaker 1: people who never get anywhere because they take too many
• 6:07
  Speaker 1: of their own us. They're always getting knocked back into
• 6:10
  Speaker 1: the pond. So that's where this tremendous brain comes in,
• 6:14
  Speaker 1: where you are able to analyze.
• 6:18
  Speaker 9: People told me that black Swan was an artistic risk,
• 6:21
  Speaker 9: a scary challenge to try to portray a professional ballet dancer.
• 6:25
  Speaker 9: But it didn't feel like courage or daring That drew
• 6:27
  Speaker 9: me to it. I was so oblivious to my own
• 6:30
  Speaker 9: limits that I did things I was woefully unprepared to do.
• 6:34
  Speaker 3: And so the very.
• 6:34
  Speaker 9: Inexperience that in college had made me feel insecure and
• 6:38
  Speaker 9: made me want to play by others' rules now was
• 6:41
  Speaker 9: making me actually take risks I didn't even realize were risks.
• 6:45
  Speaker 9: When Darren asked me if I could do ballet, I
• 6:47
  Speaker 9: told him that I was basically a ballerina, which, by
• 6:50
  Speaker 9: the way, I wholeheartedly believed when it quickly became came
• 7:00
  Speaker 9: clear and preparing for the film that I was maybe
• 7:03
  Speaker 9: fifteen years away from being a ballerina. It made me
• 7:06
  Speaker 9: work a million times harder, and of course the magic
• 7:08
  Speaker 9: of cinema and body doubles helped the final effect. But
• 7:12
  Speaker 9: the point is, if I had known my own limitations,
• 7:14
  Speaker 9: I never would have taken the risk. And the risk
• 7:17
  Speaker 9: led to one of my greatest artistic and personal experiences,
• 7:20
  Speaker 9: and that I not only felt completely free, I also
• 7:23
  Speaker 9: met my husband during filming.
• 7:27
  Speaker 3: I think that you have to take risks all the time.
• 7:30
  Speaker 3: If you don't do that, you don't move forward. We
• 7:34
  Speaker 3: are trying to be full conservative in the way that
• 7:37
  Speaker 3: you think life and the results is that nobody voice
• 7:40
  Speaker 3: ought to say I don't agree with this, I agree
• 7:43
  Speaker 3: with that. So we have to push somehow our EGV
• 7:48
  Speaker 3: duality to make sure that our voice can be heard.
• 7:54
  Speaker 7: I think risk is important for every company. I think
• 7:57
  Speaker 7: it is the essence of entrepreneurship, whether you're the smallest
• 8:00
  Speaker 7: company in the world or like Google, the second largest
• 8:02
  Speaker 7: company in the world, to take smart risks all the time.
• 8:07
  Speaker 7: I run this experiment frequently with groups where I give
• 8:11
  Speaker 7: them two choices, choice A and choice B. To choice
• 8:14
  Speaker 7: A as you get to deliver a million dollars of
• 8:16
  Speaker 7: bottom line value to your company this year, guaranteed choice
• 8:21
  Speaker 7: B you get to deliver a billion dollars of bottom
• 8:25
  Speaker 7: line value to your company this year, but only with
• 8:27
  Speaker 7: one chance in one hundred. So everyone does the mental math.
• 8:30
  Speaker 7: I say, who wants Choice A? Nobody raises their hand.
• 8:32
  Speaker 7: Who wants Choice B? Everybody raises their hand. It's got
• 8:35
  Speaker 7: an expected utility, it's ten times higher than choice A.
• 8:39
  Speaker 7: And then I say, who here believes that your boss
• 8:41
  Speaker 7: wants you to choose choice B? And not a single
• 8:44
  Speaker 7: person in the room raises their hand. I mean these
• 8:46
  Speaker 7: typically are large multinationals who want to be innovative. And
• 8:51
  Speaker 7: then I say, you don't need a lecture on innovation.
• 8:54
  Speaker 7: You need a new boss, you need a new context.
• 8:57
  Speaker 7: I really think that it's the context that matters. We
• 8:59
  Speaker 7: all understand that taking smart risks is the right thing
• 9:03
  Speaker 7: to do. Now, what counts the smart what counts as
• 9:06
  Speaker 7: a risk is different in different parts of a company,
• 9:09
  Speaker 7: or companies or different sizes.
• 9:13
  Speaker 4: Make your move before you're ready. We're instructed in life
• 9:16
  Speaker 4: to walk by faith and not by sight. See, you
• 9:19
  Speaker 4: want to really begin to stretch yourself. You want to
• 9:22
  Speaker 4: become a risk taker. You want to raise the bar
• 9:25
  Speaker 4: on yourself. Most people won't do that. See, most people
• 9:28
  Speaker 4: engage in low life living, low risk living. Vis Good said,
• 9:33
  Speaker 4: if you're not willing to risk, you cannot grow. And
• 9:35
  Speaker 4: if you cannot grow, you cannot become your best. And
• 9:38
  Speaker 4: if you cannot become your best, you can't be happy.
• 9:42
  Speaker 4: And if you can't be happy, then what else is there?
• 9:46
  Speaker 4: I like what Helen Keller said. Life is short and unpredictable.
• 9:49
  Speaker 4: Eat the dessert first. You want to begin to take
• 9:52
  Speaker 4: some chance. You want to begin to challenge yourself and
• 9:55
  Speaker 4: make it okay to feel and learn from your failures.
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  Speaker 10: Don't allow there the failure and the Lord, the attractiveness
• 10:05
  Speaker 10: of playing it safe in life to draw you in.
• 10:09
  Speaker 4: You can't get out of life alive.
• 10:10
  Speaker 1: You've got the gotta.
• 10:11
  Speaker 6: Leave here.
• 10:14
  Speaker 7: And now is the time to take risk.
• 10:15
  Speaker 5: So I would encourage you to take risks now, to
• 10:17
  Speaker 5: do something bold.
• 10:20
  Speaker 6: You won't regret it.
• 10:23
  Speaker 1: H