I have asked seminar participants to write down what they would do if they couldn’t fail. I then ask them to think about and write down what is the worst that could happen if they did this, and finally what are the odds of this worst case outcome.
The result of this simple exercise is almost always that they have been procrastinating about doing something with enormous upside potential where the consequences of failure from that action are both not serious and also not very likely to occur.
Some words of wisdom last week on this topic from James Clear, author of Atomic Habits:
“If a decision is reversible, the biggest risk is moving too slow.
If a decision is irreversible, the biggest risk is moving too fast.”
“Live with a bias toward action.
Ironically, this will teach you patience. When you take action each day, you learn the value of accumulating small improvements over time. You understand how daily habits compound.
Be impatient with your actions. Be patient with your results.”