Afraid of Taking Risks? 5 Reasons Why Taking Risks is Important

“Why do people take a risk?”

You may believe that risk-taking is difficult and associate it with failure because it requires you to move outside your comfort zone. However, risk-taking entails more growth than failures.

You’ll gain self-awareness, self-esteem, and resiliency as a result of taking risks.

Here, you’ll learn:

  • Why taking risks is a must?
  • What are the benefits of risk-taking?
  • What does it mean to be a risk-taker?
  • And many more…
Five reasons why you need to take a risk.

Why should you start taking risks?

You should start taking risks because it will help you boost your confidence and resilience by pushing you out of your comfort zone. You will encounter setbacks that will teach you valuable life lessons that you can apply at any time.

5 Reasons Why You Should Take A Risk

#1: Taking a risk has a positive nature

The man is jumping the cliff to take a risk.

You might define risk-taking as a big leap toward uncertainty that could end up with either negative or positive results. And sometimes you tend to overlook the positive nature of risk-taking that automatically influences your judgment. 

You tend to decline the idea even though you haven’t thought about the constructive outcomes that come along with risk-taking.

But no one can deny that as a risk-taker, you get to experience failures, rejections, and, even humiliation because there are times that you’ll get to encounter challenges that are difficult. 

And there’s nothing wrong with this since you still get to gain valuable lessons from these experiences.

And according to Joanna Fryt and Monika Szczygiela, many individuals are more likely to get overwhelmed by the negative effects of risk-taking and ignore the benefits which an individual gains from the experience. 

The positive nature of risk-taking is categorized into three elements or features:

  • Benefit adolescents’ well-being.  As people take a risk, some may encounter setbacks which can be beneficial to them since the shortcomings can be considered part of one’s personal development.
  • Potential costs that are mild in severity. Risk-taking can cost you mild negative outcomes in which it does not seriously harm you.
  • Socially acceptable. Risk-taking, in general, is legal and accepted by all which is often encouraged by peers or family relatives.

As mentioned above, risk-taking isn’t all about negative consequences since it is also composed of positive features. 

As a risk-taker, you will experience both but not in a way that is too overwhelming since the beneficial part is much larger than the other.

#2: Taking a risk can be done in different ways

As a risk-taker, as mentioned before, you get to experience many hardships and that’s alright because you get to know yourself more by gaining knowledge about your strengths and weaknesses. 

You also acquire ideas that can help you improve the next time you decide to take a risk which you can use as an advantage. 

Furthermore, risk-taking does not occur every two weeks or so; rather, it happens on a daily basis, whether you decide to cook or order food from a fast-food restaurant.

In a study, risk-taking is not always bound to you making a huge step outside your comfort zone that can make you into a better version of yourself. Most of the time you can experience such risk-taking by just merely deciding on what you want to do today.

There are three kinds of risk-taking that are socially constructed:

  • Habitual risk-taking. You experience risk-taking from an early age and it is largely part of your everyday routine which helps you with your upbringing.
  • Learning and routinizing risk-taking. You get to master and routinely apply the knowledge that you’ve gained by changing your actions as you take a risk.
  • Normalizing risk. It means that as a risk-taker, the act of risk-taking is focused more on one’s desires and is considered to be a normal action rather than it being habitual and part of a learning process. 

As you can see, risk-taking can happen at any time. Each situation calls for a different kind of risk-taking. It’s not usually too overwhelming, and mostly it’s merely a part of your daily decision-making process.

#3: Taking a risk surpasses emotions

The girl is happy after taking a risk.

When you are faced with an opportunity that requires you to take a risk, you might feel fear, discomfort, and nervousness depending on the situation. It’s normal for you to experience these emotions, especially if you’re just starting to think about how to take calculated risks. 

And oftentimes, your emotions are what drive you to take a risk.

In a research paper, risk-taking is conceptualized depending on how it affects a person’s life. It can be through emotional sensation, physical benefits, and even control over a certain situation.

The study identified three dominant discourses with which risk-taking is highly associated:

  • The discourse of self-improvement. Risk-taking is defined as important to an individual as he/she works on his/herself. 
  • The discourse of emotional engagement. Risk-taking is highly associated with your emotions and may give a person a sense of pleasure as one steps out of the comfort zone.
  • The discourse of control. Risk-taking allows you to explore the extent of your control over your own body in terms of emotions or responses when faced with risky activities.

Even though the negative outcomes of risk-taking can be discouraging and disappointing, this can help you build your resilience. 

And it can also assist you in learning how to cope with such failures and move on from them. It’s important to keep in mind that as you take a risk and experience failure, it doesn’t mean that you can never try again. 

Risk-taking is a way for you to learn about yourself, gain knowledge and acquire new skills which you can apply the next time you need to try unfamiliar things.

#4: Taking a risk can be beneficial

There are many benefits to taking risks, depending on what kind of risk you are taking. It can be in the form of emotional or physical satisfaction, and sometimes you can get both at the same time.

Heather Rolfe claimed in his study that risk-taking is important to the self and as well as to society since, as a risk-taker, you gain ideas, methods, and techniques that enable you to achieve success within society. 

This way, the good things that happen as a result of your risk-taking help society grow by giving everyone new ideas and ways to deal with problems.

It means that as a risk-taker you get to learn skills and abilities such as:

  • capacity for innovation and creativity 
  • exploring risks and rewards to make good decisions 
  • taking risks in responsible ways.

Not only do you get to harness such attributes when you take a risk, but you can also get to perceive scenarios more positively.

You can perceive the outcomes of risk-taking as:

  • strengths rather than weaknesses 
  • opportunities versus threats 
  • potential for performance improvement versus deterioration

As you go through all of this, you’ll learn more about yourself and your capacity for taking risks. In the process, you would no longer regard risk as a negative concept, but rather as a constructive step toward a brighter future.

#5: Taking a risk can be calculated

When you are faced with an opportunity that requires taking a risk, there will be some instances where you have to decline. Meaning as a risk-taker, you have to think about whether you should do it or not. 

Keep in mind that risk-taking has a positive nature that can bring you a lot of benefits but there would be times that it’s not worth it. 

As long as the consequences of the risks push you to become a better version of yourself, why not, but, if it’s the opposite, then it’s a no. 

Despite this, never forget that you can minimize the risks that you experience but not completely.

According to a study, there are various sociological and psychological perceptions of risks. These are included in the decision-making process of an individual as he/she ponders whether he/she should consider taking a risk.

Here are the type of risks that you can perceive as a risk-taker:

  • Risk as a fatal threat. This type of risk can cause serious harm, physically or mentally depending on the situation you are involved in
  • Risk as fate. It entails that multiple times you’re faced with situations that are beyond your control such as natural disasters. 
  • Risk as a personal thrill. This type of risk pertains to activities or situations that are associated with risk-taking activities done to test your strengths and experience triumph.
  • Risk as a game of chance. This means that the probability of the outcome of your risk-taking depends on your ability. 

Considering these, you should be able to know whether a situation is worth the risks. And also, keep in mind the benefits of risk-taking to your personal development as you gain new skills and abilities.

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