Should you say yes the next time somebody proposes a challenge? You bet! says Richard Branson
It Builds Stronger Team Work In Your Business
Taking on a challenge requires strength and tenacity, especially the bigger it is. “A great benefit is you and your team learn to confront risk together – and also to lose sometimes, because when you make a good wager, the odds are not going to be in your favor.”says Richard Branson. You and your team learn how to be strategic in judgement, weighing out chances of success to the worst possible consequences.
There’s An Opportunity To Hone Your Skills
Whether you like it or not, at some point in your business you will be faced with adversity, it’s life! The nature of business is constantly changing, so it’s important to expect the unexpected. The great thing about these unexpected circumstances is that they test your ability to adapt, give you the opportunity to exercise your current skills and the chance to learn new ones.
It Adds Some Spice To Your Business Life
Challenges are not always doom and gloom, they can be as FUN as you make them! It helps if you see a challenge as a new adventure and not a setback. In business it’s important not to entertain the ‘woe is me’mentality when things don’t work out the way you want them to, face your problems head on and work through them until you see results.
It Can Lead To A Transformation
You never know where a challenge will lead to, and taking one on can be the difference between you being the bog standard company to the company that transforms your industry.
It Gives You An Opportunity To Fail
Yes you read correctly. I’m not saying you should take on every challenge just to fail on purpose, some challenges are plain and simply calculated risks that you should run a 1000 miles away from. However, the incredible thing about challenges is the process of overcoming, and as the saying goes, ‘failure is only another opportunity to try again’. “While you can prepare for every possibility, some new, unexpected circumstance is likely to thwart you. The only thing that’s meaningful about such setbacks is whether you bounce back.” says Branson.
