People constantly ask me why they think I am successful. Well there are probably a few reasons, but I reckon of the most consistent driving forces is the fact that Im pretty fearless when it comes to business, investments, taking risks and jumping in. Now Ill be honest, this has gotten me in strife a number of times. But it has paid off more often than not. And even when I landed into deep water because of this, the lessons I learned were worth all the “pain” of the loss.

As I have gotten older (well, I am 27 now!) and wiser (debatable) I have learnt to assess the risk factors better when I do get involved, but I have still maintained the attitude of just jumping in and being willing to actually play the game and stay flippant about it.

Well about a year ago I was speaking to a friend of mine about a little business idea I had. I told her all about it and said that I would love her to get involved it would be a lot of fun. she wanted to research it, run figures, analyze it, think about it, plan it, do business fore-casts; you name it. She didnt need to put any money in herself, it would just be her time and her energy and either way it would a learning experience and a fun ride.

In the end she was too scared to actually get involved. She had a list of reasons why it couldn’t work or she shouldn’t do it. So i said no probs and I did it own my own, just a little hobby business on the side. It had to put in a small amount of money (less than $10) and I made a profit of 500% and created a business out of nothing which taught me a whole new industry, knowledge base and opened me up to other ventures and ideas and I have just wrapped it up and passed it onto somebody else and cashed out.

Meanwhile she is still working full time for somebody else and is yet to start a business or something on the side that could create another cashflow for her. I would have been absolutely more than happy to share these profits with her and have her involved. For me it was more about the experience and sharing the create with someone else. For her it was all about the bottom line and the risk and she got too caught up in that, she was too scared and so she didnt move.

If she had of gotten involved, sure it would have cost her time and there were a few stressful circumstances but they were quite minor and really only hurt a little. and it was stress hurt, not money hurt.

At the end of the day you cant be scared. Go in knowing that it may hurt a little, but be willing to experience anything because out of that hurt comes some of the most phenomenal experiences and lessons you will gain in your life.

Cheers, Carly

Filed under: Uncategorized — Carly Crutchfield @ 3:46 pm

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