An important part of life is embracing unexpected opportunities—the little moments that show up out of nowhere, challenge us to step outside our comfort zones, and explore what would otherwise pass us by. We’re led to believe that these experiences are a vital part of any savvy business, but how much of that is accurate, and how much is idealization?
It’s an important question that we face many times in our lives. No matter what direction a business takes, we often face opportunities and decisions that are difficult to navigate. So, how can we tell what’s best for us and which ideas should be avoided?
Lean on Your Passions
The best starting position for trying new things is to work from what you already enjoy. The relationship a new experience can have with an old passion doesn’t have to be direct, but some irrelevant link can be key. For example, if you operate a business that designs or builds kitchens, it might be possible to leverage your passion and expertise into the realm of bathrooms. Both use tiling and plumbing, so the relationship would be a more natural fit than moving into building sheds.
Understand your Range
Humans are often unpredictable creatures. We enjoy or even love things up until a point, and after this point, we can quickly grow overwhelmed and frustrated. This is natural, and everyone’s range of what they appreciate covers a different spectrum. The trick is first to consider what’s on offer and again weigh that against your experience and history as best you can. What can you expect to see, and for how long? You might notice potential in a new cryptocurrency investment, for example. If you aren’t familiar with the complications of this market, then you can end up overextending and getting lost. Experience within related areas can help, but they’re not always a recipe for easily breaking into a new market.
These days, there is an almost overwhelming amount of choice for most business ventures. Once you understand what you might like to do, it’s important to consider how to tailor the experience to your preferences. For instance, those who enjoy betting have several factors to consider when finding the best paying online casino.
Depending on the person, questions about the speed and efficiency of making deposits and withdrawals, or perhaps the house edge and return to player rates, can determine the worth of the experience. It’s about measuring your experience and the odds of success in the future, and in business and betting, that always involves a level of chance.
Only by looking internally and carefully exploring your past can you make better bets on what will be a worthwhile venture in the future. You’ll often face the unexpected, and it’s up to you to accept these possible surprises before they occur. Pushing the envelope can help you expand your horizons, but introspection is one of the most powerful tools we have to avoid stepping too far. In short, make sure you pack your parachute before you consider making a jump.