A great insight into risk-taking. It relates to taking risks where there is a relationship between:
2. REALITY; and
REALITY without HOPE is depressing.
HOPE without REALITY is naive and all too often destructive.
HOPE without DECISION-MAKING is HOPELESS
Without HOPE we can not conceive a better future.
Without REALITY we cannot start towards a better future.
Without DECISION-MAKING we cannot achieve better future.
Why don’t successful people and organizations automatically become very successful? One important explanation is due to what I call “the clarity paradox,” which can be summed up in four predictable phases:
Phase 1: When we really have clarity of purpose, it leads to success.
Phase 2: When we have success, it leads to more options and opportunities.
Phase 3: When we have increased options and opportunities, it leads to diffused efforts.
Phase 4: Diffused efforts undermine the very clarity that led to our success in the first place.
Curiously, and overstating the point in order to make it, success is a catalyst for failure.