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Calculated Risk-Taking

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I addressed the concept of risk at length in the previous chapter, so I won’t belabor those points here. Adopting a mindfulness perspective leads people to favor action over endless analysis. The perpetual analysis hamster wheel that exhaustively explores every option and postpones action indefinitely has aptly been referred to as “paralysis by analysis.” It should go without saying that talking about taking action is a lot less helpful than taking action.

Mindful individuals are not afraid to fail; in fact, they prefer to adopt a scientific approach of constant experimentation in which failures teach you as much as successes do. If something isn’t going to work, it’s much better to “fail fast” and find it out quickly rather than waste time on a path that will not lead you to achieving your goals.

Starting a Business QuickStart Guide

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