Risk

Risk!?

~ Rishi ~ Leave a comment

How much of it are you willing to take?

Is it an adventure or a danger?

Is it something to be cognisant of or to be weary of?

And is it really that important to consider or generally exaggerated?

As my father and I were having a conversation about the thought process required to start a new venture, all of these thoughts swirled in my mind.

I went back in time to check in on my own mindset when I started my venture. And the more I digged into, I realised that being a first time entrepreneur, I had not considered these questions in detail.

I had just heeded the call of my mind and heart and jumped right in. It was like jumping off the 10m board for the first time but thinking that the swimming pool is just a metre away.

Did I land with a thud? Oh, absolutely. I crashed and burned. The swimming pool I jumped into tested me in all possible ways before I could even learn to flap my hands and legs.

It was a great learning experience for me. But I didn’t plan it in advance. I didn’t do a risk analysis to figure out if I should proceed or not.

When I look back now, I realise that if I were to do this same thing again with my current outlook, I would probably do some risk analysis. Age has either corrupted me or made me much more thoughtful!

And the more I thought about this, it occurred to me that most of us weigh too much on things before deciding on the way forward. Is it a good thing to do this analysis? Yes, I believe so. It helps us become clearer in our mind.

But most of our life’s decisions need not be as thought through. While we can try and plan things in our life as much as it is possible, the best experiences happen in those moments which occur serendipitously.

In fact, those journeys that are unplanned always lend you more than you can ever gain from the planned ones.

So should we consider risk or not? Yes if it’s going to be a matter of life and death (and some of us still don’t do that). No, if it is anything smaller.

For after all, the worst thing that could happen to us if we fail, is a new experience that otherwise would have alluded us…

Risky Propositions.

~ Rishi ~ 1 Comment

I just finished reading the book ‘Startup Nation’ – a good read, with insights on how Israel has come to be known by this name. The more I read the book and the authors description of how Israel has embraced innovation and risk-taking, the more parallels I drew from it to be applied to life in general.

Starting up is exciting. For the promise of what can be achieved and from the excitement for the ‘new’. However, beyond this excitement lies a lot of hard work and persistence. And the ability to take risks and fail without worrying about what will people think!

‘New’ is a risky proposition. But our life moves forward only when we take some sort of a risk. Be it the first steps we take as a toddler without the knowledge that we may fall, or when we learn new things by doing stupid experiments at home, or the time we leave our homes to achieve something bigger in the outside world, or when we get into a new relationship. If not for such endeavours without a worry in the world, our life would be monotonous and uninteresting.

In fact, the more I read the book and re-applied that to our life, I realised that ‘do the new’ should be an important mantra for all of us to measure how much we are moving forward.

Because if we don’t, someone else will. There are enough intelligent people, willing to try out new things. And they will move the entire ground to a different coordinate. The same ground, where we were standing proudly just some time ago. And then re-starting will be even more difficult.

And this is true for each and every aspect of life. Be it personal aspects where for example, if we don’t try and build new relationships, we will be left alone and people will move on. Or in professional aspects, where carrying on with the notions and practices that succeeded for us earlier may not result in the same outcomes now.

Yet, we push back. We resist the new. We hate change. We look at excuses to not adapt. And by doing so, we pull ourselves back. We discard the risky proposition in favour of the one which is known/comfortable. What we forget is that comfort breeds complacency also. And that leads to obfuscation.

But how do we do something new regularly and continue to move forward? Rather than being focused on risks, how do we focus on making things happen and looking to succeed? In whatever we want to do.

I think the answers lie in practicing with small baby steps. Doing small things which aren’t as risky to do, as per our psyche. And as we go along, building our confidence to try out even more new things and progressing from there. And as we go along, we would have dug a new tunnel, where none existed.

And that would be our personal startup, focused on whatever we want it to be…