Day 25 / Manage Your Risk / 91 Perfect Days Challenge.

Welcome to the Wealth Creators 91 Perfect Days challenge. Where our mission is to help you to create, preserve, and enjoy a life of abundance.

Starting right now.

Today's reading is titled;?Manage Your Risk.

You know the old saying.. "The higher the risk the higher the reward"

I`m here to tell you that you don't have to be a risk-taker to be successful. In fact one of the fundamental skills of a wealth creator is the ability to not take any financial risk.

I`m not a risk-taker. And if I do take on risk it will be a very well-calculated risk that I can manage. Taking an uncalculated financial risk is like gambling. Risk-taking is usually associated with risky moves.

The only risk you should be taking is Educated risk. Weighing an outcome and avoiding unwise action. Knowing what you`re getting yourself into before you jump in and take action.

Doing your homework.

When you take a calculated risk you are always in control. You don't have to fear a calculated risk. Because you have done your research and you have done the worst-case scenario.

You are ensuring you have full control over the outcome before you even start.

The level of success you will experience in life is directly proportional to your ability to calculate and manage your risk.

Failure is not a risk. It`s a learning curve.

Today`s Challenge;

Identify your risk and determine how to manage it.

Quick Recap;

To be happy and successful you need to be able to calculate and manage your risk.

How to Take Action Right Now;

1. Identify and qualify a risk. What is the worst-case scenario?
2. Identify the likelihood of this happening. And ask the question... Is this a realistic outcome?
3. If this did happen, could I live with the outcome?

If you can`t live with the outcome, then don't take the risk.

4. Identify the benefits of not taking this risk.

5. Identify the benefits of taking this risk.

6. Now take informed action.

Do the calculations before you take action.

Always remember that in order to create a perfect life, you must make sure that today will be a perfect day. And in creating perfect days, there will never be another day in your life that won't require responsibility, intent, time, effort, the right mindset, and massive massive action.

Consistently doing what needs to be done is the only way to get the results you want.

Every action that you take today will either move you one step closer or one step away from your goals. Therefore if you want to guarantee that you live a massively successful life.

I challenge you to make today a Perfect day.

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