Risk in Business, Investments, and Life |
For the past 15 years my title has been a banker. I spent the majority of that time in option strategies and stock investments. This netted me the private banker status. I received a tip to read a lot and it will help me with my choices along the way. So I started reading each day. What I read included specialist reports that were specifically designed to help those who would like to invest. I came to the conclusion that this was a bunch of nonsense. No one can truly know what stocks are going to be better to invest in because over time they all see their ups and downs. So I stopped reading and found another way to improve, managing risks and technical charge. Instead of investing, I have found another way to make money by working hard and getting my hands in the dirt. It makes me feel better about myself and my life.
I believe I have a talent for calculating risks, so I am frequently managing risks. I despised math and it didn’t like me either, but when it comes to calculating risks I found it to be fairly easy. How is this possible? I think with my head, logically. Will something happen, what are those chances? I can use my logical way of thinking emotionally and in my business. Emotionally, it can be difficult because I do not use my mind, rather my gut. That gut feeling can make a huge difference.
For Example: • The banking business is in an era of change. For every job posting, 200 or more people would apply causing it to lower my chances of being accepted or qualified for the job. I began applying in the banking department, but my chances of scoring a job were slim to none. Bus driving was an alternative job that many people didn’t want to do or apply for. While making my routes every day I slowly built up a superfood business which was in popular demand.
• I worried about investments and leaving mine in the hands of someone who might or might not do their best to see me succeed. Several concerns arose about hiring someone to help me invest my money. Not only did that person fail at being an expert in his field, but they had a job, they weren’t a millionaire and the chances that they would take the utmost respect in my money managing were slim. It was only a job for them, whereas it was my life savings.
• Learning to think with my head and trust my instincts from my gut, I became great at calculating risks emotionally. I take a relationship that I may be in and I consider my gut feelings accordingly. If I have a gut feeling that I might not be in love, but I am growing closer to the person, I will try to work things out. If I have a gut feeling that is horrible and I’m sick most of the time, chances are it is not going to work out and I walk away. That sick feeling can change the outlook of a relationship for me. If the other person is trying really hard and my emotions are spoken and understood by them, then I know that our relationship is worth holding on to.
I will write more articles with tips etc that are simple and easy to use. Most of the time nice opportunities are right in front of you.
See you Roshi
Related Articles -
investing, risk management, banking, pension, finance,