08/11/2025
Motivational Monday!
Fun fact about me, I am a little bit of a nut about wearing a bike helmet, no matter how casually I am riding. I got this from my friend, Kerry, and I am very grateful for her push to make sure everyone wears a helmet. There's obviously a longer story with this, as you can imagine. Regardless, the helmet comes down to the age old "risk-reward" principle.
The world has a very distorted view of the "risk-reward" relationship in my opinion. Obviously this is most well known in finance where we would be choosing between say a stock and a bond, but we are making risk-reward decisions all day, every day, and we aren't as risk averse as one might think. While we were in France, on a group bike tour, most chose NOT to wear a helmet. One family that rode with us had four little children—all of whom got helmets , but the parents did not. Think that one through, risk—reward.
Bike helmets aren't the story here (but you should always wear one!!) The story is the risk-reward decision making relationship. You might be willing to ride a bike without a helmet, BUT you're not willing to speak with your boss or change jobs. We take HUGE risks every day but they aren't the one's that are going to make us live a better, richer, more fulfilling life. We shouldn't kid ourselves, we do take BIG risks, just not in the right areas. We ignore our health, we have poor financial planning, and we take unnecessary driving risks, just to name a few! Today, revisit your risk-reward relationship and think about taking a calculated risk that is going to actually improve your life in some way! The biggest risk is not taking any. One parting thought from Earl Nightingale:
"You can measure opportunity with the same yardstick that measures the risk involved. They go together."
Let's GO! WE GOT THIS!
Beth
www.bethfitzgerald.com
[email protected]