3 Simple Ways to Boost Your Risk Tolerance #Success #leadership

By Josh Okello

Are you ready to risk it all? Risk tolerance contributes to higher chances of succeeding in anything you set your mind in. Great achievers are those who dare to try despite their limiting factors. The worst thing that can ever happen to you is failing to achieve your goal and remember if it doesn’t kill you, then it can only make you stronger. To increase your risk tolerance, you have to:

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Cut all “what ifs”

Doubt is a major problem that hinders great achievers from realizing their true potentials. Nothing great has ever been achieved without risk. Risk it all but remember to only take calculated risks. In my book, Strategies of Entrepreneurial Leadership, I differentiate risks and uncertainties. Risks are the foreseeable hurdles on your way while uncertainties are the unexpected barriers. For more, on risk and uncertainties, consider getting a copy of my first book.

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Think Positively

Results are the outcome of what we put in. If we plant laziness, we can only reap laziness, if we plant hard work we can get great harvest, if we plant doubt, we can only harvest doubt. What do you plant? Positive thinking takes you half-way to success but positive implementation takes you past your expected goal. Think positive.

Associate with the Successful

I was not very smart in chemistry. Organic chemistry gave me hell of a life. It is a course that distinguishes the students going for medicine and those going for arts other fields. Because I know I was weak in Chemistry, I built alliances with students who were great in Chemistry. All I had to offer them during discussions was strong background in Physics and Biology. Who are in your alliance? What do they bring on the table? And what do you give them back? Build alliances with those who have achieved or are working towards being achievers. Risk tolerance is a mindset that you can slowly train yourself to have.

© Joshua Okello 2015.

Joshua Okello is a B.A graduate in Business Administration, International Development and Philosophy. He is also the author of the book Strategies of Entrepreneurial Leadership He has exceptional skills in organizing, coordinating projects and capacity building initiatives with key emphasis on livelihood programs; microfinance through savings and credit led models; business development services and entrepreneurial leadership. He is also the founder and Executive Director of Succeed Africa Relief Organization, a Canadian Christian Organization geared towards giving hope and transformation in lives of the chronically poor in Africa.