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Risking By Not Risking

Article Description:
====================

I've often been asked, "What is the biggest mistake you've
made in your business?" And the first one that comes to mind was
not creating and selling products much sooner. I was in business
for years and years before I created my first product. Up to that
point I only offered consulting and workshops. And why didn't I
create and sell products sooner? Simple. I was afraid of doing it
wrong. I didn't want to risk making a mistake.


Additional Article Information:
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684 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2007-06-05 11:56:00

Written By:     Robert Middleton
Copyright:      2007
Contact Email:  mailto:[EMAIL PROTECTED]



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Risking By Not Risking
Copyright (c) 2007 Robert Middleton
Action Plan Marketing
http://www.ActionPlan.com



I've often been asked, "What is the biggest mistake you've
made in your business?" And the first one that comes to mind was
not creating and selling products much sooner. I was in business
for years and years before I created my first product. Up to that
point I only offered consulting and workshops.

And why didn't I create and sell products sooner? Simple. I was
afraid of doing it wrong. I didn't want to risk making a
mistake.

I finally took the leap in 1996 and taped a live workshop and
sold the tape set. And when I look back at how well I've done
with information products, it seems the risk was mostly in my own
mind. Nothing went wrong. People loved the tape sets and I made
great money.

And then this first product became the foundation for more
products to follow. Now more than 50% my income comes from
products.

I'm not saying that it's dumb to avoid all kinds of risk. Some
risks are truly RISKY. You could lose everything. These kinds of
risks need to be considered very seriously.

So lets not even worry about big risks for now, lets look at the
risks that aren't really risky at all but that we avoid anyway.
I'll divide them into two categories:

Risking to learn something new

You really wouldn't think it was risky to learn something new,
but you'd be wrong. You see, anything that is outside of our
comfort zone is perceived as risky. Even if the upside it huge,
it's easier to stick with the status quo.

I've recommend books to people and you think I'd asked them to
jump off a cliff! "Oh, that's not a topic I'm familiar with.
What if I don't like it? No, I don't think I'll read it."
(This is why conservative books are read by conservatives and
liberal books by liberals.)

Are there some things that you could really benefit from learning
but you've put them off because they will take you out of your
comfort zone? Take a sec and write them down and we'll come back
to them later.

Risking to try something new

And if learning something new is perceived as risky, then
actually doing something new is... well... better thought about
later! We'll think about doing that marketing plan, that web
site, that eZine, that presentation later on when conditions are
better.

But like me, finally creating information products to sell, the
risk was entirely imaginary. In fact, I was taking a much bigger
risk with my business by not creating information products
sooner. I was earning less income, missing opportunities,
stagnating.

Ultimately we'll only take a risk when we realize that the cost
of not acting is greater than the cost of acting. Unfortunately
we often have these realizations a little too late. What are
those things you're putting off? Again, take a second to write a
few of them down.

Now you have a short list of things you're not learning but
could probably benefit from learning and another list of things
you're not doing but would likely profit from if you got around
to doing them.

What I recommend is that you subject each item on your list to
the following questions:

1. Is this something that would truly benefit me if I learned it
or put it into action?

2. What are some of the possible benefits I might gain if I
learned or did this thing?

3. What could I potentially loose if I didn't learn this thing
or do this thing?

4. What's the worst that could happen if I took a risk and
learned this thing or did this thing?

When you ask these four questions of every item on your list,
you'll have reframed your risk. What used to look risky might
not look so risky anymore. In fact, it might actually start
looking like a great idea to learn or do this thing. Starting
questioning those things you perceive as risky. Don't just look
at the upside of avoiding them, look at the upside of doing them.




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Robert Middleton, the owner of Action Plan Marketing, has been 
helping Independent Professionals be better marketers since 
1984. On his web site http://www.ActionPlan.com find valuable
resources, products and programs for attracting more clients. 
Get a free copy of his Marketing Plan Sart-Up Kit.



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