Sunday, January 24, 2010

Taking Chances

While i was sitting at my desk at home this evening thinking that one of my goals for 2010 is to blog every week and was thinking well i am going to fall short of that astronomical objective very early in the year.

Just while i was thinking i chanced upon a verse on my tabletop calendar with a picture in it. The verse said " Take Chances... when rowing forward ,the boat may rock". The tabletop had a picture of a gymnast taking a chance by swinging and trying to balance at 180 degree.

Suddenly my mind came alive, i re-read the verse and said well taking chances that is going to be the topic for this week.

It is so easy to say that why not take "chance" after all every soul in this world are trying to move forward in life one way or the other.

We need to take that with a pinch of salt . The more appropriate verse would be "take calculated chance". Taking chance blindly certainly has a high pay-off ,however it can rock the boat beyond recognition and would render it useless.

Anywhere and in every field it is often said calculated risk or gamble is the way forward . I am not going to go into the mathematics behind what is called a calculated gamble and the probability pay off . All i want to say is that take chance when you are reasonably certain that you at least have a decent possibility to succeed.

I know you are already thinking , well this guy is contradicting himself,he has just said that he would not delve into chance or probability and just a line after he is exactly doing it.

The title is all about chance, so it would be mean not to devote even a line to chance/probability.

As said , do take chance but take a calculated chance. Lot of people who i know have changed jobs in the recent past have done so in a hurry . They thought that it would pay them big time and took the plunge only to find themselves ruing about the dive. What they did was to take chance without knowing why and what they were doing . More importantly what was their end goal.

When you do not have a goal and are only looking at very short term issues,taking chances without knowing information is not the brightest of options!

Even in taking chances, patience and calculation is the key.

With that being said , you wait long you will miss the bus. So, in a nutshell to go forward take chance,weigh your options ,be patience ,time the chance.

You might ask do successful entrepreneurs do this , don't they simply take the dive? Well that is not hundred percent true , they do take their chances but calculated chances.

One can look at umpteen examples of successful people,you are sure to see that they hatched the idea long back in their life ,waited for opportune moment and then took the plunge. Mind you even after doing all these they might have failed, well isn't it what they call the classic chance you are never certain to succeed it is a matter of chance but if you are careful the chance of you succeeding is actually higher.

One take a chance if you fail , you learn a lesson or two . It always worth taking a calculated chance.

2 comments:

  1. Risk and reward are always directly proportional. Each individual has to figure out, given his / her unique conditions how much risk is he / she willing to take.

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  2. good one Navin ... and entrepreneurs never take a chance with their ideas .. their ideas fructify through a deep rooted will and inner sense of joy to achieve success, in a structured manner. There will be countable few who would have taken a chance or calculated chance and become entrepreneurs.

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