You have something extraordinary within you. Stop leaning only to comfort and playing it safe especially if you’re in your 20s – take some risks while you’re young.
Its always cool when I see most of the people killing it with their agencies & businesses are damn young including dropouts and those still in school.
I love how Alex Bearman puts it in perspective on how he chose to pursue his interest in real estate from an early age:
While everyone in my high school studied the communist manifesto
I studied the “buy a multi unit building in a poor part of the country and live off the rental income” manifesto
Now I have free housing and they don’t.
The Right mindset makes risk-taking while you’re young worthwhile
With the right mindset, your focus is on the possibility of shifting your life to serve, make money and impact the world.
As a benefit, you get a whole lot of self-improvement and finding yourself doing this. It makes perfect sense.
While with a wrong mindset you don’t care about serving and may only do it for the money. The benefit is short-lived. Exactly what we don’t want.
“Be brave. Take risks. Nothing can substitute experience.”
― Paulo Coelho
10 things you should stop doing to take risks while you’re young
- Stop overthinking
Don’t waste time in overanalyzing any good idea this time. Conceive, plan, and execute. If it doesn’t work, replan & restrategize.
- Don’t wait until you feel comfortable.
Comfort is a cage. Getting out of your comfort zone is hard. Building the right mindset is hard. Its where you want to be after you do all the hard stuff that matters.
You are on a hero’s journey. You don’t want your journey to only be easy and comfortable. It should be exhilarating.
- Don’t wait until you have it all figured out.
No one ever figures it “all out.” Reminder, to start before you’re “fully” ready. Everybody out there is trying to figure things out.
You first have to get out of your head and decide to figure things out.
- Don’t wait until you retire.
Some people have been oriented never to take risks while they’re young but to focus on building security.
If your idea of taking life risks is to study a good course, get a job, get insurance, retire, then you can take some risks. Then you’ll miss out on a whole lot of potential success.
- Don’t wait until everything is perfect.
Start small and take baby steps EVERYDAY rather than waiting for everything to fall in place.
There’s no perfect moment.
If you have a good idea that you can start working on but hesitate – 9/10 it’s fear, uncertainty, playing perfect NOT Laziness that is holding you down.
Don’t wait for tomorrow to do what you can do today. Procrastination only gives room for more procrastination.
- Don’t wait until you have the approval of others.
Understand how insignificant it feels to continually seek approval from others and raise your standards.
Trust your vision above all else. Even if it is opposed to everyone else’s ideas of what you should do.
- Don’t think you have all day.
We all want to live long but life is short. You don’t want to run out of time and be filled with “what if’s” and serious regrets.
Anything less than commitment to your vision is fraudulent.
- Stop avoiding responsibilities
- Stop hating on successful people
Most people who are successful now had to struggle way more than you realize.
Push hardest when you want to quit the most.
Hating other people because they are successful it the ultimate form of victim mentality.
— Jose R. Rosado (@joserosado) April 3, 2020
- Stop learning without implementing
Consume then apply. Reading creates so many ideas you can implement.
• Read books → implement ideas
• Take courses → apply lessons
Be a doer, not just a thinker. Thankfully, with the internet, you can test ideas and take action with low consequence:
- Write a new blog post
- Posting valuable content on social media
- Coaching free & paid clients
- Creating art
- Launching an Ecommerce
- Sending Cold DMs to network or make sales.
You don’t have to quit your job to try new things.
Why should you take risks while you’re young?
- Take advantage of your beginner’s novelty
Can you remember when mobile phones and the internet newly came out? Who do you think had no hard time embracing it: Kids and teens.
Adults become used to their habits and lifestyles and resist change. You get less prone to take risks when you get older.
The most reasonable reason could be that many older people have already found their mission and purpose and are working towards optimizing it. Hence see new things as “shiny objects.”
If you’re young, this is a time to say yes more often, learn more and know what works for you. If you’re lucky, you could hit something cool, become RICH or find your purpose earlier than most people.
- You have fewer responsibilities compared to when you get older.
When I was in college, all I had as responsibility was studying, feeding and few relationships I put myself in. No kids, no mortgage bills, no much responsibilities.
It’s easy to test new things when you have fewer responsibilities.
Most people teach you what worked for them, which does not mean it will work for you. Only by taking risks when you’re young can you find out what works for you early enough.
When you have no kids and no real obligations, take risks. Start a company, take out a loan, do a sales commission only job, etc.
— Kamilla | The Dating Coach (@thedatingboss) April 29, 2022
- You can easily get back up.
Like the cliché story, it’s better to be 18 and 100k in debt from a business than 80 and only worth 500grand.
This is because an 18 year old that takes such risks in business is more likely to bounce back and become financially free.
Your vision is your superpower. Every second counts! You were given it for a reason, and it is your life’s duty to trust it, commit to and and honour it.
- You want to minimize regrets
Most high-achievers have this as motivation – do things your future self would be proud of. And so they live their lives to prevent the “what ifs” “I should have” “I could have” mindset.
This is your one precious life, spend time cultivating a friendship with yourself knowing who you are, what you want, and how you can live your life fully.
11 tips to take risks in your 20s
- Think long term
- Trust Your Intuition.
- Enjoy the journey!
- Focus on building yourself before dating.
- Humility above ego
- Trust the process
- Just do it
- Invest in yourself
- Get a mentor
- Say yes and live your yes every day.
- Find your purpose
- Buy Bitcoin
Benefits of taking risks while you’re young
- You tend to appreciate life better
- You live a life filled with purpose
- You learn to love yourself
- You learn to prioritize your vision
- You learn to develop new, positive habits
- You live a more mindful life
It’s important to start taking risks when you’re young but remember, age is just a number.
But it’s funny and true:
Don’t Forget You Can:
Start at 30.
Fail at 35. Start again at 36.
Not be great.
Be different from everyone else.
Find your land.
Start again at 40. And still succeed.