540 | The Pros & Cons: Becoming a Risk Taker




The Chris LoCurto Show show

Summary: <b>Use the timestamps below to guide you better as a leader or individual:</b><br><ul> <li> <b>Are you a risk taker?</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=1s" target="_blank" rel="noreferrer noopener">0:00</a><ul> <li>Three big things leaders need to consider when deciding whether or not to take that risk and what they may risk by not taking it.</li> <li>Are you a risk taker?</li> </ul> </li> <li> <b>Intro to today’s show.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=108s" target="_blank" rel="noreferrer noopener">1:47</a><ul> <li>Today's episode will examine ways to assess risks and what might be holding us back from taking necessary and important action in the face of uncertainty.</li> <li>This show is about making better decisions.</li> <li>When it comes to risk, brian enjoys taking risks. He has raced formula cars and is a multi-business owner. He likes to calculate risk.</li> <li>He asks the question, how could this fail? What could failure look like? He wants to know the potential risk and potential loss.</li> </ul> </li> <li> <b>Taking a leap of faith.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=350s" target="_blank" rel="noreferrer noopener">5:50</a><ul> <li>When joel started his business, he took a big leap of faith, and it became way more than he thought it was going to be in the beginning.</li> <li>He has done over 500 next level life change programs, including a scholarship program for single moms and single dads.</li> <li>Take the leap of faith. God is not calling you to anything that's going to fail. god's never going to call you to something that goes against him.</li> <li>Three big choices to learn as a risk taker, starting with taking baby steps.</li> </ul> </li> <li> <b>Understanding your capacity and understanding your weaknesses.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=678s" target="_blank" rel="noreferrer noopener">11:18</a><ul> <li>The biggest risk is not taking any risks at all, and not knowing what your capacity is or how to live life to the best.</li> <li>Keys to understanding your capacity.</li> <li>If you don't take risks, failure will be your master, not your teacher. Failure is the greatest teacher for the student who is willing to learn.</li> <li>The five aspects that allow you to fail, as long as it's not a fatal failure.</li> </ul> </li> <li> <b>How he started investing in real estate.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=957s" target="_blank" rel="noreferrer noopener">15:56</a><ul> <li>He started investing in real estate when he was 10 years old and wanted to own real estate as a kid.</li> <li>He has a couple of real estate companies.</li> <li>Putting money back into people as a resource to change lives and impact more people.</li> <li>Hiring marketing people that didn't make things happen over the decades.</li> </ul> </li> <li> <b>Embrace failure, not fear.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=1191s" target="_blank" rel="noreferrer noopener">19:51</a><ul> <li>Number two is embracing failure, not fear. Failure is part of any learning process, but fear keeps us bound to mediocrity.</li> <li>Fear is a colossal waste of time.</li> <li>Fear is an incredibly small percentage of the fear that you experience in a day, but it creates all the rest.</li> <li>The bulk of fear is being afraid of man's opinion.</li> </ul> </li> <li> <b>Healthy people vs toxic people.</b> <a href="https://otter.ai/u/-kFDSiOJOvVhixaO0co_ly1vSwA?tab=summary&amp;t=1440s" target="_blank" rel="noreferrer noopener">24:00</a><ul> <li>The opinions you should be concerned about are the ones that come from healthy people who know what they are talking about.</li> <li>The victim mentality that is going around right now.</li> <li>How spending time around people who are victims leads to becoming one, and how to make better decisions in life.</li> <li>The...</li> </ul> </li> </ul>