Why do we think a particular event can be a “Risk”?
Let’s take an example.
The time when we don’t know how to drive, that time we do think, driving without the knowledge of how to drive is a risk and its not at all safe. Not taking this risk is the most correct and wise decisions at this moment. Whereas after we learn how to drive with a trainer’s assistance, then again, initially, driving a car alone can again be matter of risk, but eventually with only a little hesitation we become confident enough to to take the risk of driving alone because we know that we have gained sufficient knowledge and some very basic practice of driving a car and taking this risk will not be much scarier as it was before when we didn’t knew how to drive at all. Taking the risk with a sufficient knowledge of the result of that action, will lead to much favourable outcomes and such actions are often called as “Calculated Risks”.
To infer, taking Risk is nothing but lack of necessary or basic information or knowledge of that event.
“Risk is no gamble.”
Yes it is said right, to push your limits and achieve your dreams, we must definitely take risks. But risks without direction and calculations often lead to non productive decisions. Of course some decision are very time critical and in such situations I personally advise that one should at least get clear about where he wants to lead and have one or more reasons to support how important it is to take that risk.
When one gains the necessary knowledge about why that particular event called “Risk” is necessary to be taken, one also gets the confidence of getting through obstacles that may or may not arise through the event, and eventually, this event which we call “Risk” no longer seems to be scarier but that Risk gets converted into an Opportunity. And as we know there is nothing called failure, rather its learning and just a step closer to the success, therefore the results that arise out of taking the opportunity (or risk) makes the person ready and confident to achieve success in life.
By gathering some strong reasons and necessary knowledge about the event, we can convert these Risks into an asset of opportunities.