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Defaulting To Yes Taking Risks

#
73
Chris Do
Published
December 6, 2017

Chris Do answers a Pro Member's question about trusting the opportunities that are in front of you.

Read Transcript
So the whole pretty much it's a session was my first session, but recognize that the main theme is like spotting the patterns right and your last. Your last story, you spotted the pattern that you did and you didn't recognize you didn't give the same. Same insight that your. We reacted to your team was very I guess you viewed it as harsh and like, you didn't do it for yourself and you spotted that you did that, you made that mistake. So like, I've been trying to spot the patterns like how I felt like with the NFL, but how I started to get out of cycles. I have cycles where I'm really productive and then I go into a downwind. And then it takes me like, I need something to kick, start me to get me back up into productivity. And it's just I guess my question is, how do you trust the opportunities in front of you? How do you trust? I could this is something that's going to pan out because, you know, I have I feel like I have these kids, I take it, take this family. I can't waste my time. I have like six weeks. We've only had one shot, but now I have maybe six shot of my revolver. And it's like, I believe that I have unlimited opportunities, but it's like, which ones? How do you? How do you trust that the things that are in front of you, how do you feel about how you assess it out that this is a viable avenue? It's a good, good question. OK, I'm going to tell you some things, and I think you have to filter that throughout the very careful prism of your own life and not to take anything. I say literally. So just let's be careful. Here's a word of Warning. OK I'm going to say this a lot of things that I do, I have faith that they're going to work out. A lot of things do not work out straight up, they just don't work. But I can't let that inhibit me from trying, ok? Because some things that you can't see in terms of possible outcomes can be the result of what you're doing today. And I'll give you an example, because I'm going to bring my wife into this conversation. She's had a pretty privileged upbringing. She she's never had to want anything. She's lived in a place where she's never been made to feel like an outsider. She's originally from Taiwan. And so for her things that look a little bit strange and risky or frightening to her. Her mind, unfortunately, has been trained to look for things that go wrong, almost always, so if I say I'm going to do a meet up. She's like, hey, be careful that you don't get crazy stalkers. Be careful what you say, Chris, because somebody one day is going to kill you. It's like, oh, maybe, but I don't know. Do we have to go to such a dark place every single time? It's like she goes to the darkest possible outcome, and it's kind of nice because then I know like, all right, maybe I need to be a little bit more realistic. I don't know, sometimes I feel like that can just ground you from not trying. If somebody had said to me, there's going to be this crazy Puerto Rican guy who's super obnoxious, dirty, you know, doesn't have good hygiene, it's just like crazy and you're going to welcome into your office and there's no finite goal objective timeline as to when he can come and go. You say that's crazy because that's not like me at all. And discipline just reckless. All these kinds of things full of heart, low follow through. But I was like, you know, I think he has something to offer. And he's a good guy. Despite some of his other habits, right? So bringing them into the studio and it creates havoc with my entire team, like, who's this guy? What's his role? What's his purpose? When does he get to come and go? Now he's bringing strangers into the office. He's eating all our food. It's like, OK, you guys know who I'm talking about, right? If you were scratching their head. And I honestly can say I have no idea what the outcome is. This is one of those things where I don't have a lot of clarity on and it's OK. We now know the result of that influence that happened in my life. And you could not predict it from where we were. You can only connect the dots that Steve Jobs would say. Looking backwards, you can't connect. I'm looking forward. I'm willing to take a certain amount of risk, calculated risk. I'm willing to waste a certain amount of time. I'm willing to risk failing a certain amount of times. I think that's really important for you. So yes, you weren't. There are no guarantees. And if you try to look at it in very calculating ways, you'll wind up doing nothing. Now, having said that, not all things that you want to pursue, not all the things that catch your attention are things worthwhile of pursuing. So I find that it has to be a balance of two things. One is having a greater tolerance for risk. But making calculated decisions as to what the possible positive outcome on this is quite high, the risk is relatively low compared to others and do wrist assessment and just go for it. And realize three out of the five things that you do are going to be total failures and it's OK. That's where innovation happens, that's where growth happens, that's where change is possible, is you have to be able to fail. And I think guy Kawasaki, the famous Apple evangelist, author, public speaker and influencer. He said, people ask me for tech advice all the time. And I tell them I have no more insight on that than you, because I would be much richer than I am if I did. And he says that people who are venture capitalists who talk about how they've won, they keep winning. They don't tell you the seven times they went bankrupt when those other opportunities and they lost everything on it. They only talk about the time they invested in Twitter or Facebook or Instagram or Instagram or whatever else platform is out there. They only tell you the times that they win. So just realize to get some of those big wins, there must be a disproportionate amount of losses to and it's OK. I've had multiple failed businesses, multiple failed partnerships, some of them have been quite public, some of them you don't know about, but they're out there.

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