YES! Risk taking is a natural part of growing up
If you have small children, you can observe that they are always taking risks. They are testing and defining both their limits and your limits. As a parent, your job is to allow them to explore, but protect them from danger and harm. When children reach their teens they tend to become big-time experimenters and risk-takers. But they lack without the maturity and brain development to be able to fully sift good from bad risks. There is seldom time to complete the risk-reward analysis before acting spontaneously.
But struggling learners often avoid the risk of failure
I see many children whose struggle to learn has caused them to become risk-averse. Despite trying their best they have failed at grades and slip behind their peers. by the time I see them they are sick of failing through no fault of their own and avoid tasks where they perceive a risk of failure because they hate that horrible feeling of failure.
There are many risk preferences
Riskier behaviour can reflect age, education and social norms. For instance teenage pregnancy, abortion and sexually transmitted disease rates are much higher in the United States than in many other comparable countries.
Risk avoidance can constrain your adult life
I live in a town full of public servants – how do you think their risk preferences might compare to those working in a mining town? Too embrace a safe risk is to take the chance to grow. And yes it can be scary and uncomfortable.
My model for selecting sensible risks
Our Top three tips for risk-taking
- Weight up the risks vs rewards of the choices facing you
- Proceed with the courage to embrace a good risk
- Learn from the consequences and grow in experience and confidence
Further reading on how to Embrace Risks and Reap the Rewards
- Laurence Steinberg, Age of opportunity
- Lyn Ponton, The romance of risk
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Photo by Lubo Minar on Unsplash