Harness the Power of Risk-taking - Dr. Nicole Rankine

Dr. Nicole Rankine - Adulting in My Purpose

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INTRODUCTION

Show Objectives - Adulting In My Purpose helps young leaders who aspire to become business owners prepare to take their first steps into entrepreneurship. Throughout this show, I will share lessons I have learned about entrepreneurship that every young leader needs to know before their journey begins. 

For this episode, we will talk about what are the characteristics of a risk-taking leader. In this episode, we tackle the big hurdle of overcoming fears and discuss how to “Harness the Power of Risk-Taking”.  
Fear is a fundamental part of human psychology. Our brains are wired to feel fear because it helps us avoid misfortune; it keeps us safe.
But fear can also hold us back -- if we let it. Fear feeds on fear, meaning the more we try to avoid something we’re afraid of, the bigger and deeper our anxiety grows. To overcome this, we must face our deep-seated fears and worries. We have to acknowledge our fears and find ways to move beyond them.
There are many common fears that entrepreneurs face. If we don’t confront those challenges, the fears will ultimately consume us. Whatever your fears are, now is the time to take them on and overcome what would otherwise keep you from succeeding.

Key Issues - Owner Perspective:
Whatever your fears are, now is the time to take them on and overcome what would otherwise keep you from succeeding.


What You Need to Know - The What
Types of Fears Entrepreneurs Face 

• Fear of change
• Fear of Failure 
• Fear of Lack of Knowledge
• Fear  of Unknown
• Fear of Getting out of Comfort Zone
• Fear of Criticism from Others 
• Fear of Success 
• Scalable 
• Innovative 

What You Need to Do - The How
Five Steps Harness the Power of Risk-Taking  

• Name your fears
• Welcome Failure 
• Get comfortable with bring uncomfortable 
• Celebrate your wins 
• Let fear guide not drive you

Shows 
Next: Episode 5 -  Write the Vision: Developing an Effective Business Plan
 

Resources (optional):
Dr. Nicole Rankine, affectionately known as Dr. Nic, is one of the most engaging certified Personal Growth Coaches around. She is a consultant with the John Maxwell Team and the CEO of the COLE Academy of Personal Growth, a training, and development company that uses a systematic personal growth program to help young leaders discover who they are, clarify their vision and develop a plan to achieve their goals. Dr. Rankine travels both nationally and internationally devoting her life to equipping, inspiring, and empowering leaders and youth worldwide In the areas of leadership development, personal growth, and communication.  Before transitioning to entrepreneurship, Dr. Rankine spent 20 years working in the scientific research industry. 

​Dr. Rankine now travels both nationally and internationally devoting her life to equipping, inspiring, and empowering leaders and youth worldwide. She serves as an Adjunct Professor, Entrepreneur, Empowerment Speaker, Teacher,  and Coach. She also is the author of the Adulting in My Purpose Journal. 

Adulting In My Purpose The Journal 
https://bit.ly/38jli4Z

Website: www.drnicolerankine.com
Email: nicole@drnicolerankine.com
FB/Twitter/IG: @drnicoelrankine
 

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