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Risk/Reward

Home UncategorizedRisk/Reward
Risk/Reward

Risk/Reward

August 4, 2020 Uncategorized

One of the most common clients we work with is the professional that has, for whatever reason, found him/herself in a career transition. Most recently, it usually has something to do with obvious world events.
What comes out of those conversations is always interesting. The professional has worked their way into a pretty good career with advancements in leadership and income level, building a decent lifestyle and retirement they can see in the not too distant future. Their family is maturing with kids in high school or college. It’s that interesting time before moving to the next season of life.
We hear the same important question every time. “How much RISK do I want to take for my next career move?”
It’s easy to quip, “With risk comes reward!”
What exists in this middle-aged professional’s life is more complicated…everything they’ve worked for, sometimes 20-30 years! It’s not an easy decision. It’s a decision that could determine the trajectory of the next half of their life…no pressure!
While it’s not our job to tell our clients where the Risk/Reward dividing line is, we definitely advise them on one core principle:
“Know what you want and know what you’re willing to give up to get it”
If building wealth or a legacy, impacting families and your community or having control of your future is what you want, by all means be relentless until you figure it out!
If stability and less responsibility/risk in an organization appeal to you, then start digging and find that job.
Remember, whether we intentionally choose it or not, we all decide what we want. And we all have to give up something to get it.
Here’s the take-away…You can design AND have the future you desire at whatever age you’re at…because it really always was up to you!

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