There are many benefits of taking risks. For instance, risk taking opens doors to opportunities. It provides a more diverse exposure, fresher prospects and greater progress. However, we are scared to take risks because of a number of reasons. These include fear of failure, embarrassment and shame.
Fear of failure
Fear of failure is a real condition that many people suffer from. Understanding what triggers it is the first step to getting over this fear. It's also helpful to recognize self-protective behaviors like overworking and self-sabotage. By learning to recognize these behaviors and reframe them, you'll feel less anxious when taking risks.
Fear of embarrassment
Fear of embarrassment can be a powerful psychological fear. It can prevent people from doing things that they otherwise would not. For example, it can keep people from asking questions in a meeting or from seeing a gynecologist. However, new research shows that there may be a way to overcome this fear. The key is to change your perspective.
Feelings of shame
Feelings of shame when taking risks aren't a new phenomenon. Early humans adapted to this emotion, which conferred an evolutionary advantage. This emotion induced people to behave within social norms and stay in good graces. Moreover, it motivates people to learn and improve themselves.
Personality traits
Risk-taking behavior is associated with many personality traits, including impulsivity and neuroticism. In addition to impulsivity, some other personality traits associated with risk taking include extraversion and an openness to experiences. Some of the traits negatively correlated with risk-taking, while others positively affect it.
Business decision-making
Fear can be a difficult obstacle to overcome when it comes to making business decisions. Even the most experienced business executives experience fear at some point in their career, and these fears can cloud their judgment. A decision made out of fear is more likely to be wrong than one that is based on sound data and information.
Good question