Latest / Good Morning From The Chicken Coop! / Season 3 - Episode 16 - How do you define and calculate risks?

Transcript

Season 3 - Episode 16 - How do you define and calculate risks? · Good Morning From The Chicken Coop!

• 0:01
  Welcome to the Good Morning From the Chicken Coop Podcast with
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  Kim Johnson, your creative strategist and mastermind set
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  coach. Filled with inspiration,
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  distinctions, perspectives, and possibilities, we help you to
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  cultivate a mindset that leads you to create the best version
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  of yourself you could ever imagine.
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  Join Kim every morning from one of her favorite happy places,
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  her chicken coop along with all her chickens.
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  Hey, everybody. Good morning from the chicken
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  coop. So today we're talking about
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  taking risks. And it's one of the hardest
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  things that I think most people struggle with is where is the
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  line where they feel comfortable taking risks and what does the
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  risk mean to us? So if we start right at the very
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  beginning and we start asking what do risks mean to us, How do
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  we feel when we have to take risks?
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  What are the things that make us scared about taking a risk and
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  how we define that risk is the biggest piece of this puzzle.
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  So if you've never asked yourself the very important
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  question, how do I define taking risk?
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  It's probably one of the most powerful questions you can ask
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  yourself because in the moment you are not in a risk situation.
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  Now often times a risk will show up and we don't think.
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  Now, I've been through this myself once, you know, last
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  spring, one of the chickens, you know when he had babies at the
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  time and one of them got one of the babies got snatched by a
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  snake that was hiding under a pile of wood and it was not a
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  poisonous snake. But I didn't know that at the
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  time. And if someone had said to me,
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  would you ever just reach down and grab a snake to rescue a
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  baby chick, the answer clearly would have been, I'm not sure.
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  I don't know. I guess no, right?
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  Like I would have. I would have thought it out in
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  that moment, but in the moment it happened, I didn't even
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  think. I just reached down, grabbed the
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  snake, picked it up, unwound it through it, and rescued the baby
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  chick before anything happened to it.
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  Now, here's the thing about this I didn't have a plan for this
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  ahead of time. If I had had a plan ahead of
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  time, I would have immediately said OK, I can't touch that
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  snake. I just never It never.
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  The situation never occurred to me ahead of time.
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  So I didn't know what my plan was.
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  So I jumped in and I just went into fight or flight and I
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  grabbed it and that was it. I just watched the thing on the
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  news here this morning about a man who was walking his
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  Chihuahua and the the dog got grabbed by a coyote, like right
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  out while the guy was with him. And this guy was a big guy.
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  And the dog got grabbed on the leash by the coyote, and this
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  guy reached down and grabbed that coyote.
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  He got bitten by it. He needed to have rabies shots,
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  but he actually grabbed that coyote, wrestled it off his dog,
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  picked it up by the tail and threw it in a dumpster.
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  It was insane what he did. Now there's no question in my
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  mind, he didn't think about that risk, that he just did it
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  because he was going to rescue his dog.
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  And that's what happens when you go into fight or flight, those
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  kind of risks. We're not necessarily talking
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  about those kind of risks. We can talk about those kind of
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  risks. Like, now I know in my mind it's
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  been set up. My husband made sure don't touch
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  the snakes come get me. OK, great.
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  Now I know. So that's a that's set up in my
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  head. But sometimes fight or flight
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  takes over. But most of the time we're not
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  talking about those situations. We're talking about risks that
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  are involved in our everyday world, business relationships,
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  that kind of thing. And when you understand how you
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  define risks and how they make you feel, it's easier to
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  understand when they show up, how you're going to contemplate
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  them. So one of the most useful tools
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  that I've ever found is actually splitting a piece of paper down
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  the middle and saying positives and negatives because it gives
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  you a chance to brain dump the stressors in your head about it
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  and then you can start to calculate, OK, is this worth it?
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  I will tell you, when you do this process and defining
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  things, it's easy to assign numbers rather than words.
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  Like when you write it all down. And if you're in a situation
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  where you're deciding risks right now, you split the paper,
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  positives, negatives, and then you start saying on a scale of
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  one to 10, one being not at all, 10 being off the chart, How, how
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  risky is this? And you start assigning numbers,
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  it's going to be easier for you to make a decision rather than
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  just saying, well, I mean, it's OK or it's it's medium.
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  Medium doesn't mean anything, 'cause it mean it's different to
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  everybody. So practice now deciding how you
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  define a risk and where are the risks coming up this year for
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  you? Where do you see them showing up
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  right away in your business, in personal life and you stretching
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  yourself? Because if you can think about
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  them ahead of time and can decide how you define them,
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  you're going to be infinitely better off when they show up.
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  So it's just start capturing it all, start thinking about it and
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  say to yourself, OK, most people will say, well I'm a risk taker.
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  They jump in and they're like I I will be the first one to tell
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  you I am certainty driven, I will take risks.
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  However, they are calculated in my head greatly.
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  I, the situation with a snake fight or flight, didn't even
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  know about that ahead of time, but calculated risks.
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  Yes, I will take them, but they are calculated in my mind.
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  So if you take yourself through the whole process, you will be
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  better off with whatever you're trying to do this year for your
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  outcomes. All right, my friends, I hope
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  you have a blessed day and I will see you tomorrow.
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  Bye.