Every single one of us have experienced risk and reward and usually (but not always) the two are linked. We see an opportunity to gain or achieve a desired result and weigh up the risks involved (if any) and make a decision to act or not.
During that process I try to find a balance between the reward and risk initially to determine if I should even be contemplating it and then begin to weigh up the risks and what repercussions they may have if the worst was to happen which, as we all know, often does. Of course, many times the risk aspect is not so bad, simple failure, and that brings a reward in itself meaning the ability to learn from it and re-try, but sometimes the risks have serious ramifications.
The need to manage risk and reward, find balance, occurs right across a person's life and in every aspect of it so learning to manage the process early can pay dividends as one gets older and there's more to gain...and more to lose of course. Unfortunately, the trick of managing and balancing risk and reward is something that usually takes time to learn and in that process...well, sometimes we get burned.
I recently took a big risk, I had to make a decision to trust someone who had lost my trust or to remove my trust forever; the risk (if it went bad) was to my emotional self, something I'd have to deal with (which we know can be difficult at times) and the reward was a rekindled friendship (which I used to value greatly), albeit with clearly defined and inflexible boundaries I'd decided to set; self-preservation I suppose.
It wasn't a difficult decision, I wanted to re-engage, but for peace of mind I had to go through the same process of considering the risk and reward allowing me to be content with whatever decision I reached. It's worked out, so far, but even now the shadow of distrust lurks at the edges - I'm not one to easily trust someone who has proved untrustworthy - but I'm working on it.
How have you managed the risk and reward process and have you done it well or badly? If you want to share your thoughts or even an occurrence feel free to do that in the comments.
Design and create your ideal life, tomorrow isn't promised - galenkp
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Image(s) in this post are my own
