Taking A Risk? 5 Things To Consider First.

Written By Sequoia Craig

It’s pretty well accepted that money is the ultimate measure of success.  So I’ll confess: I am constantly reminding my partner that he deserves a raise (he’s awesome, and I know it).  

So naturally, when we think of risk, money comes to mind.

When we have an important decision to make or an opportunity, rather than thinking of the decision in dollar signs, I invite you to think of the risk in these other “currencies”...

  1. TIME

    Ok, you knew this one would be on here so I put it first.  The phrase “time is money” literally converts our presence in this world to a measurable, monetary value.  That phrase is the exact opposite of what I want you to do with me today.  We are thinking of time as being extremely valuable, not because it’s money, but because it’s yours and it is limited.

  2. CONFIDENCE

    In a risky situation, if you are risking your confidence, you are putting yourself on the line.  If you are not confident about a situation, is it worth it?

  3. COMFORT

    Your comfort is key.  Going back to #1, your time is finite, and if you are not comfortable with the risk, then it’s NOT worth it to you.  I promise.

  4. INTEGRITY

    I would argue that this is the most important thing to consider in a situation where risk is being assessed.  Your integrity cannot be monetized, seriously.

  5. GENERAL WELLBEING

    We have gotten to a point where our well being usually comes last.  But here’s the thing, when we are operating without well being, we are barely operating.  Your well being is your foundation for who you show up like every day, so if you are not feeling it, your foundation is depleted.  We all know that driving a car on fumes is a bad idea, but why are we so willing to put ourselves into the same situation?

Presented with the opportunity to take a risk, it’s important to think about all of the factors.  I challenge you to think of money as less of a risk and more of an effect.  Your time, confidence, comfort, integrity, and general well being are much more important to preserve.


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