The higher the stakes

MJthe higher the fear. That’s what makes some decisions so difficult.

Think about it.  When you go to lunch and have decide between two meals, the decision is simple. Because no one really cares if lunch is bad because you get the chance to try again tomorrow.

On the other hand, when you have two jobs offers out of business school and both give you clear but different prospects of success then for most people it feels impossible to choose.  Or when you finally have a chance to leave your six figure law firm job to finally launch your start up. The stakes are high because leaving behind financial freedom just to fail feels terrifying.

This is why people avoid high stakes decisions whenever they can. Because the fear of failure is too great. The problem is high stakes projects are the most important type. Because high stakes projects are normally the best way to change everything.

In the end, it’s not the change that’s the hard part,  it’s the fear.  So we either have to figure out how to address where the fear comes from or just learn to look at it in the eye and walk side by side with it.

Both are really hard but very good choices.

Sunday, September 22nd, 2013 Business School

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Jeremy C Wilson is a JD-MBA alumni using his site to share information on education, the social enterprise revolution, entrepreneurship, and doing things differently. Feel free to send along questions or comments as you read.

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The contents of this blog are mine personally and do not reflect the views or position of Kellogg, Northwestern Law, the JD-MBA program, or any firm that I work for. I only offer my own perspective on all issues.
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