During the 1994 Los Angeles earthquake, my house convulsed in the dark. I leaped from my bed to the hall doorway moments before a bookcase fell across the spot where I had been sleeping. Was my action a gamble or a calculated risk? Was I lucky? When we buy stock, change jobs, buy more computer technology, get married or buy a lottery ticket are we gambling or taking a calculated risk? What’s luck got to do with it?
In these turn of the century years, chaos and change bring disruption and opportunity to almost every area of our lives. Job security, gender roles and viable opportunities are in continual change. To keep our balance, survive and thrive we need to be clear and focused in our actions. Every choice we make, including the choice to do nothing, involves some kind of risk. A gamble has a high probability of loss. A calculated risk has a much higher probability of a positive outcome. Knowing the difference is essential to our success.
To make successful decisions and take positive action we must be in the realistic present. Emotional decision making can be lethal when governed by unexamined personal weaknesses and wounds from childhood. Finding and resolving old patterns of emotional highs and lows increases our ability to make a calculated risk. Even if old patterns are not resolved, acknowledging them and setting them aside during decision making can create better chances for being a winner.
Here is a comparison check list of traits and tendencies for gamblers and calculated risk takers.
Looks for excitement and danger.
Jumps in with the crowd momentum, not wanting to be left out or left behind.
Blames others or luck for bad outcome.
Lingers over losing …