Day 8 – Risk Taking…

Welcome to Day 8 of the 12 Day Giveaway, which also happens to be the LAST day of 2016…

Another year in the books, I hope it’s been a good one for you, and I wish you a prosperous 2017! 

Today I share my thoughts on RISK TAKING, and how to feel comfortable about it, check out the video below: 

 

 

Today’s Winner Is…


Rida H. (ridam*****@yahoo.com) – congratulations, you’ve won a $500 Amazon Gift Card!

 

We’d LOVE to hear your thoughts, so leave a comment below.


Remember to register for our ‘Build A Business’ bootcamp, click here to do that now. On the bootcamp we’ll reveal our masterplan for 2017, give you a pre-prepared ‘Execution Plan’ that you can use to grow your business, and also give away $5,000 in cold hard cash!

 

Click here to register for the bootcamp now

262 comments to Day 8 – Risk Taking…

  • Tony Gill  says:

    Living is a risk! The future is unpredictable, so grasp the nettle and become the risk manager of your own destiny and that of your family.

    When I started work, the mantra was “jobs for life” for the 60s and 70s. For the transitional 80s it was the start of greed where “you or your successor will get the job done” and so the layoffs started and continue to this day largely because of market short-termism. From the 90s onwards you learnt about the need for “skills for life”. Interestingly, this was about the time of the birth of the internet.

    With a mindset of being prepared to learn and take action and learn from that action to achieve the results you desire, risk management is part of living your dreams as long as you are realistic along life’s journey and are alert to opportunities.

    • Aidan and Steve  says:

      Well said, Tony!

    • Richard Read  says:

      Well said Tony 👍🏻

    • Jan Jattne  says:

      I liked THAT Tony!!! and if you don´t take any risks you end up with a boring life

  • Richard Read  says:

    I’ve taken many risks and failed at many things too but nothing has taken my right to Dream BIG away! And now I’m here and I got it thanks to you guys. All the best for the New Year to all of us!

  • Neil Tribe  says:

    Hi Steve,

    Glad to see you’re getting better. Hope you didn’t have a coughing fit with your Stormtrooper helmet on! 🙂

    Thanks for the reminder about risk. Isn’t it remarkable how quickly we forget these things that we realise to be true when we take a moment to rationally and calmly consider them. I try to put reminders in my path so that I will avoid worrying about the wrong things. I’ve not yet found a foolproof way to do this but that won’t stop me trying!

    Can I make a suggestion? A monthly online get together with you and Aidan for Blueprint Pro with the same video setup you’re using for these… Ahhhh Gowan. Gowan. Gowan. Gowan…! (obscure ‘Father Ted’ referrence) 🙂

    Cheers Steve,

    Neil.

  • Jan Jattne  says:

    Hi Steve, I really liked you video!!!
    You are soooooo right, there is no ”safe” ”no risk” employment out there. And as you say ”If you don´t spend it investing in yourself you probably goná blow it it on something else” you really don´t need. VERY true!!!

    I´ve done my Six Month Plan (based on my yearly business plan) thanks!!! a really good tip!!! Looking forward to January 4th.

    Happy New 2017 to all of you from Sweden

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  • Hardy  says:

    Happy New Year, Steve and Aidan.

    By the way, what’s Blackbird and what does a Lifetime Access to BlackBird get me exactly if I win?

    • Jan Jattne  says:

      Yes PLEASE, drop a hint what is BlackBird?

      • Aidan and Steve  says:

        Blackbird is a new software product we’ve been spending a fortune on developing. We started a whole new company to create this. It is an all in one tool to train, implement and manage a private label ecommerce business on Amazon.

        It combines our training (in the form of an expert system to guide you through all the steps) and all the functionality of the tools you need like the things that jungle scout, feedback genius, amz tracker all provide…all in one package, instead of 3-5 different platforms…and all at a lower price.

        • Teresa  says:

          What is the name of this new Company/ Program?

  • Miriam mdc  says:

    Risk is fun! Love it!

  • Marilynn Ritter  says:

    The risk adds to the fun and challenge!

  • Lady Yvette  says:

    Playing it safe is one of the biggest risks we can take, because “Nothing beats a failure but a try”.

    One can only fail only if he/she fails to give “IT” a try… (whatever “IT” is).

  • Patricia Nichol  says:

    This is good. I am a person that freezes up when it is kickoff time!

  • Kirsten S  says:

    To think about working again for someone else – to build someone else’s dream – is so painful! Regardless of the risks to work for myself, I’d rather fail a million times (and I have failed plenty so far- lol!) and keep working to build my own dream…

    I wish everyone a Happy and Prosperous 2017!!! 🎉

  • Ceyda Biceroglu  says:

    Nail. On. The. Head. Your first ‘risk’ is my ‘why’. Both my husband and I work in corporate. He was 100% loyal to a company that laid him off 3 weeks before the birth of our 2nd baby. Then 18mnths later he was laid off again from a company we later learned did lay offs regularly to get their numbers in check. THAT’S when I decided no more relying on a company for our livelihood and since then I’ve been working towards replacing both our incomes with online marketing.

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  • Bonnie Sholtz  says:

    Benjamin Franklin once said “without continual growth and progress, such words as improvement, achievement, and success have no meaning.”

    Steve bravo bravo very well said. As goes trial and error we learn from our mistakes and thus to fail is a good thing.

    Love you guys for the down to earth type of approach you take. Yes this is what the world should be made of… not the bs that it so very holds.

    Happy New Year all and the best is yet to come!

  • Aidan and Steve  says:

    Just want to say…again…thanks so much for all the comments guys! Aidan and I read ALL of them…and take them all to heart.

  • carol feist  says:

    GREAT STUFF!!just when I think the next video can’t get any better….then it happens…this was a great video…I have learned so much !

  • Hollis Pirkey  says:

    Risk has been such a major part of my life that I often don’t acknowledge it anymore. For many years I was at financial risk from the slightests changes to my income. Its not much better now, but I learned to make decisions while not allowing my fears of risk stop me. I believe working for corporate Aermican is a foolish set-up for failure. I want to learn all about Amazon White Label and SEM Consulting. I want to learn more about FB ads and become an expert at it, while growing my web stores to high profit margins. But, no you do not lose your dream by failure. Many times failure inspires a better approach to reach that dream. Fialure is part of life so is risk. Accept that and learn from them to move forward a better more educated person. Thanks Steve – you inspired me to mine my beliefs.

  • Brian  says:

    Good video. I’ve found online business has been pretty risky too(depending on Amazon as only channel, having ton of inventory at FBA and having a listing closed, depending on PayPal, depending on Google Seo traffic) and not much control so have to build backups….I’ve lost all of the above but not giving up but have learned to be more aware of the realities of online business

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  • Michael  says:

    As usual great stuff Steve.

  • barbara  says:

    Great video Steve and it’s so true that failure is part of the process.

    The failures make the eventual success so much sweeter!

    Wishing you all a Happy, Healthy & prosperous 2017!

  • Red Hibiscus  says:

    Gold Star vid, Steve…glad you’re better! Super bullet points. I’ve failed majorly since 2005 in my online entrepreneurial quest. Early on I needed the financial boost, now, although financially comfortable (not a millnaire), my ‘why’ is for those I care about so I keep on going. Took the risk last April 2016 when I signed up for 100K Factory; paid off that investment in 6 months to avoid the interest. Increasing momentum in 2017. Safe New Year all!

  • Robbie  says:

    best line of this video, “if you dont spend it on investing in yourself, in this way, then you’re probably gonna blow it on something else.” HAHA so true. If people just practice delayed gratification for a few years they’d usually end up with more money than they started with and be able to do a lot more.

    As far as risk goes. I’ve been doing a project for the last 2 years and I haven’t been focused on it 100% and the results are showing, BUT the end result is after all this time I’m still in the green a few thousand dollars AND I’ve learned a ton along the way.

    I think another great idea is to CONFRONT the worst case scenario BEFORE you start a project, then if worst happens you will be okay with it financially and emotionally because you confronted it beforehand and you will reduce stress during the actual process because you are okay with any result

  • Jill Bray  says:

    Risks? We all take them every day, from shutting one’s hands in the car door while talking to a neighbor to feeling too tired to put the cat out, risking the consequences! Through experience, we learn unconsciously how much of a risk anything and everything is. Calculating the risk of most actions during the day becomes second nature. It is only when we jump into a river, knowing we can’t swim – that this is not risk worth taking: unless being pursued by a herd of buffalo. So, as advised, weigh up the risks, then take the appropriate action!

  • Alain D.  says:

    Ahhhh RISK,……so goes the mantra in the trading world,…..’the greater the risk, the greater the reward’…..and in the superhero (Spider-Man) world…..’With great power (inherent risk), comes great responsibility’. It’s no wonder that in all of the corporate companies I’ve worked for, each has spent relatively large portions of their budget & financing in the staffing of their Risk Management Team. This applies to personal business & family matters at home. HAPPY NEW YEAR Y’ALL!!!

  • Kit  says:

    Great video today. Hit home for me, especially “dream risk”. For too long I have been more of a bench warmer in business with some success than on the field giving it everything I’ve got. Was reading last night the People Magazine highlighting who died this year. Yikes! I am in my 6th decade and thought what am I waiting for. I am a great mom and wife but if I were to die this year I realized I want to also leave a legacy of business success too.

    So thanks. Betting on me 100%!

    • Aidan and Steve  says:

      I have to admit…being in my 5th decade! … I’ve been thinking a bit about “legacy” too. For me, I think I’d like to leave a legacy of both building great businesses AND helping others succeed in the same business models.

      That’s my plan!

      • Kit  says:

        That’s why we all follow you and Aidan. You are successful and care about our success too. Happy New Year! Gotta get my prime rib out of the oven!!

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  • J Farnsworth  says:

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    I didn’t a chance to respond to yesterday’s video. Two of my nephews came over for a movie marathon….we watched the Star Wars series. At 7:30 this morning, the first thing Josh (whose 10) asked was if he could continue watching the next Star Wars movie. To be a kid again and have someone fix you your favorite meals and watch movies all day.

    Thank you for yesterday’s comments. At different times in our lives we all need a cheerleader, someone that offers encouragement. At other times, we need a coach to tell us how it is especially when we are not extending ourselves to reach our potential. Thanks to Aidan and you for being both and thanks for being the coach yesterday.

    I think everything in life has risks. The level of risk varies. The ‘what ifs’ that play in people’s minds, the fear of failure, the fear of the unknown can impact someone’s willingness to take the risk, the chance and step forward towards their Big Dream.

    Last year, my accountability buddy called me feeling quite discouraged. She had started working on her goal and was seeing success and then she suffered a setback. She was contemplating quitting. My mind searched for a way to help her not to give up and start again. I ended up asking her one question which was…When you were a kid and learned how to ride a bike, when you fell, did you stand up and say I’m done, I won’t try again or did you get right back on the bike? She indicated that she got back on the bike.

    Sometimes I think we forget as adult something we instinctively know as kids. It’s not how many times you fall down. It’s not whether you hit a speed bump or a little rock that makes you wobble. It’s how many times you pick yourself up and keep going. Telling yourself that you can do this and then being willing to take action to learn how. (Anyone that has learned how to ride a bike unless you learned with training wheels probably had several scrape knees.) Kids don’t generally contemplate risk or not succeeding. They see something they want to do or learn and then they go and do it or at least try to do it.

    In less than 6 months, my friend had achieved her goal. When she hit days or weeks where she did not feel like she was making progress, we would talk about the bike analogy and that this lack of perceive progress was a ‘bump’ in the road.

  • David Dempsey  says:

    Thanks guys. Love these lessons while everything else has stopped over the break. Fear and excitement share space in the brain…. time to see my fears as excitement to begin. Happy and prosperous 2017

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    Really puts risk in a new category, one with no downside. I think you described one of my fears –the fear of losing my dream–pretty acurately. Keep up the great work!

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    Thank you Steve for waking me up again. You are true about the big dreams. It stops me thinking what others will think about it when I fail. Sometimes in your life things happen and the road is going to another direction you want. I did not follow my own way. I am a member of the 100K family, stopped about health issues from me and family members. This video waked me up to go my own way again and believe in the success I can have with 100K. I am in my late 60s and have no time to waist to live the life I really want. I always took care for others. Now it is time to take care for myself. Thanks again for this wake up call and have a great 2017.

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