Taking risks isn’t easy. In fact, it’s downright scary as all hell, because it requires people to step out of their comfort zone and gamble on themselves — which isn’t something most enjoy doing for some reason. Although being scared of jumping into the deep end might be the norm, it should be the exception, because taking risks can lead to great success, just ask any entrepreneur who worked their asses off to get to where they are today.
Most people out there have dreams, but shouldn’t we refine what those dreams are and refer to them as goals instead? Isn’t that a better way of thinking about success in your own life? It damn well should be, because, far too often, people are holding themselves back from ever taking risks and going after those so-called dreams.
So Why Are People Scared Of Taking Risks?
For anyone who might think that’s an over-exaggeration, a new study might have you think otherwise. According to the research, which was conducted by a cloud-based accounting software firm called Freshbooks, about 24 million people want to become their own boss, but only two million, or 8.3 percent, actually find themselves taking risks in order to do so. Does that seem backwards to anyone else? Why is fear more important than risk and, potentially, reward?
To help answer that question, the Freshbooks study asked 3,700 full-time employees in the United States to dig a little deeper, actually identifying the five specific fears that prevent people from taking risks and going for their dreams. Take a look at what the results showed, and see if you relate to them for holding yourself back on accomplishing the goal of becoming your own boss.
- 35 percent of respondents fear that if they go into business for themselves, they’ll have inconsistent income.
- 28 percent fear that they won’t have enough money to invest, or that their debts will overwhelm them.
- 27 percent fear that they don’t have a fully formed business plan, hence they never fully dive into an idea.
- 27 percent fear that they’ll wind up making less money than in their day job, holding them back from truly taking risks and focusing more on income than anything else.
- 20 percent fear that not having health benefits could become an issue.
OK, so those are all reasonable fears that hold people back, but isn’t taking risks all about wandering into the great unknown? No need to answer that, because, yes, yes it is. It’s one of the things that makes it all rewarding at the end of the journey, because you adapted and learned along the way. That said, no one should just do something without a plan, and that means saving enough money up to start your own company, or simply researching what individual health plans are available to those people who aren’t full-time employees. Once those answers are known, a person can make a more tangible plan.
Taking Risks Starts With Changing Your Mentality
Taking risks is something we all do throughout our lives. In some cases, simply crossing the street could be considered a risky proposition, so why shouldn’t someone make the same decision when it comes to following their own dreams, er, goals? Why is there such a gap between the two?
Ask any of the 8.3 percent of the more than 24 million people in the Freshbooks study who want to become their own boss and, just a hunch, there’s probably one common theme among each entrepreneur: they hustled, they stepped out of their comfort zone, they failed, they learned from those failures and they didn’t let fear get in the way of taking risks to, eventually, become successful. It might not have happened overnight, but it happened, and the only way you’ll accomplish the same is by making the sacrifice and gambling on yourself to do the same.