Risk-Free Trades in Life You Have to Take
Apply for that job or promotion!
What are risk-free trades, and why do you want to take all of them?
When you want something and the risk is merely the threat of emotional pain, you should take the bet, make an effort, and put yourself out there. In the worst case, you’ll feel bad for a while and lose some time. In the best case, your life will change forever! That’s a trade worth taking, don’t you think?
Isn’t there always some inherent risk?
Everything is risky, but do you know the biggest risk in life? Never taking any risk at all!
If you don’t take risks, venture out into the unknown, and step out of your comfort zone, you’ll forever be stuck right where you are. In truth, we can’t really stagnate, as inflation and old age are constantly breathing down our necks. There is no standing still.
As the saying goes, there is no certainty and no guarantees apart from taxes and death. We must accept this fact of life and adapt our thinking around it.
Zero (minimal) risk, infinite reward opportunities
Those are the opportunities, chances we take that if they don’t go our way, won’t cost us anything or very little. But if they do, the reward is well worth the risk, and they can change our lives.
Three important points to remember:
There is no certainty in life. We need to learn to think in probabilities. What are the odds?
We want to take advantage of opportunities where we risk little to gain a lot. What do we risk, and what can we gain?
The biggest risk is never taking any risk at all. Then, the result is certain.
Applying for a new job is a risk-free trade
Applying for a new job is very similar to looking for a lover. You both (the employer and you) have some ideas about what you need and want and are looking for a perfect match. If you happen to hit each other’s bells, you’ll complete your mission. If not, you’ll have to move on and continue the search.
Can we know the probability of our success when we apply for a job?
Unless we’ve got connections or an extremely sought-after skillset, probably not. Millions of factors influence how your potential employer evaluates your application.
Will they even see you among hundreds of applicants?
Will there be better candidates?
Will you hit it off on a personal level with the interviewer?
Only one way to find out - take the risk.
There are three possible outcomes:
We don’t apply and never know what could have been
We apply but get rejected (don’t get picked).
We apply, and we get the job.
Nothing! We risk nothing. The worst-case scenario is specific to your situation, like your current boss (if you have one) finding out you’re looking for a new job and taking it personally.
Otherwise, you stay right where you were before applying for that job. Doing nothing or applying and getting rejected ends with the same result. Nothing happens. You didn’t gain anything, and you didn’t lose anything, apart from some time invested. The same is true for asking for a pay rise or a promotion.
Yes, your feelings could get hurt. I know. I’ve been on the receiving end of over four hundred rejections in my job-hunting career (I always reach for the impossible), so I know it hurts, and it makes you question your worth. But guess what? You’ll live!
Here’s how to diminish the emotional price of a rejection:
Never take anything personally, especially a job rejection. You just didn’t match up at this moment. It’s not a negative comment about you personally, but a mismatch. They wanted ice cream, and you were the cake. Both are great in their own way.
Focus only on what you can control, which is your mind and your actions. You can prepare and offer your services. At any interview, you can show up and introduce yourself. The rest is out of your hands.
Don’t build up expectations. You don’t know what will happen. Anything is possible. What will be, will be. If it's "meant to be," it will be. If not, you don't even want it!
Reframe not getting a job as a good thing. You never know; not getting a particular job can be the best thing that happened to you. Maybe a better one is just around the corner, and you could have been miserable here.
What do we stand to gain?
The upside outweighs any possible emotional pain you may experience. Especially if you’re reaching for your maximum potential. There is always a chance, however small, that you get the job or are offered another one.
Applying for a new job is a risk-free trade you should always take! You risk nothing but stand to gain everything. Just re-frame it correctly in your head and take nothing personally.
When you want something and the risk is merely the threat of emotional pain, you should take the bet, make an effort, and put yourself out there.
In the worst case, you’ll feel bad for a while and lose some time. In the best case, your life will change forever! That’s a trade worth taking, don’t you think?
Yes, it can fail, but WHAT IF IT SUCCEEDS?
In the full article on ZZ Meditations, linked HERE, I also discuss dating and reaching out to publishers as examples of risk-free trades.
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