keyword thought these are some questions to ask yourself…

Page 123 keyword risk keyword thought these are some questions to ask yourself in order to calculate the true risk of something. First question is what are the potential costs tangible or intangible. What are your potential benefits if you take this risk. Look at what would happen if it turns out well. The third question is how will this help me achieve my goal. Which means you need to look at your bigger goals to see how this will play into that. The fourth question is what are the alternatives. Sometimes we look at risk as if we can only take the risk or pass it up. What it but there may be different types of opportunities that can help you reach the goals. The fifth question is how good would it be if the best case scenario came true? And many people don't think about this they all they think about are the downside. Which is the next question what is the worst thing that could happen and how could I reduce the risk it will if it happens? You need to evaluate the worst case because sometimes it may be very little impact and sometimes may be very big. The next question is how bad would it be if the worst case scenario did come true question and then the next question how much will this decision matter in 5 years? So if it doesn't matter much in 5 years then it's probably if it's a small risk you want to remember it and if it's a big risk it could impact.

— from The Flight Plan (Purpose/Wisdom/Risk) · 13 things mentally strong people don’t do written by Amy Moran.

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