Some people are too scared to take chances and that’s understandable but when you see a great opportunity arrive at your doorstep, do you just ignore it? I know I wouldn’t especially if it’s going to help me profit or save me tons of money.
Now, I know taking chances can be a major risk but it can also have lots of rewards and benefits.
Take playing poker, Texas Holdem particularly, for example. Say you are dealt pocket aces (AA) with three other opponents at the table and someone decides to go all-in (bet all their money) preflop. What would you do? Fold? Call the all-in?
According to some stats, the odds of you winning are around 64% (I may be wrong on the percentage). Now, you do have a 36% chance of losing but the odds are definitely in your favor. So, would you fold and not take the chance of winning with the odds in your favor?
Personally, I would definitely call with no hesitation. Yeah, I have a chance of losing but the odds are in my favor and the rewards are there as well.
Okay, so not everyone knows about poker so that analogy isn’t the best. Let’s try out another chance and opportunity.
I remember when super affiliate marketer Jonathan Volk bought a brand new SUV, which is a gas guzzler, and he bought it when gas prices were at its highest. Well, most people called him crazy or stupid (including myself) for doing so but now that I think about it, he was smart as hell for doing so.
Why? Because when gas prices skyrocketed, all these gas guzzlers couldn’t sell. Jonathan took the chance on buying one because the cost of SUVs and trucks decreased by a drastic amount just so car companies could get sales.
“Taking Advantage of Holidays to Make Money and Build Traffic”? That is the same exact thing.
All these situations can be related to making money online, but I guess it’s up to you to take a chance and take advantage of whatever opportunity that shows up at your footstep. I mean, if someone hands you a step-by-step tutorial with examples and proofs on how to make $x,xxx amount (which is the opportunity) and they tell you the expenses would cost you somewhere around $50 (which is the chance), would you not do it?
Yes, there is a chance you may lose $50 but at the same time, there is a chance you’ll end up with $x,xxx or even more. Which side of the line will you be on?
If you think about it, nothing is guaranteed in life so at some point you will have to take some sort of chance, right? If you never take a chance, or more importantly, take advantage of opportunities that arise then more than likely you won’t get very far, especially with making money online.
So, like I said before, “which side of the line will you be on?”
I know what side I’m on. 
Isn’t life in general about taking some chances. I know for myself if I never took the chance I would have never gain the opportunity do or accomplish somethings.
If you never take chances in your life, you just end up watching it pass you by wishing that you did.
Bruno Augers last blog post..Self-Awareness
It’s all about making smart choices, and for me? I’d go all-in
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Hey Jay,
next time around you might wanna compare PPC campaign with gambling or taking a chance too. you either make a lot of money or you might lose a lot, hehe
BobbyTs last blog post..DreamHost 70% New Year’s 2009 Crazy Sale
Life is all about taking chances and taking risks. if you never take any chances or risk, you will miss out on what life really has to offer you
Donny Gambles last blog post..Next Generation of Link Building
ALL IN for me, that’s why i got into affiliate marketing, i have spent some start up money but i am now earning that back with interest. You just have to take that leap because if you don’t you will always wonder what if…
Jason
Legitimate Home Based Businesss last blog post..Network Marketing – Mistakes You Shouldn’t Make
So it’s just like gambling…
justins last blog post..Carbon Fibre Composites for Cars
I don’t know why, but many people is afraid to take actions… And even more when they see a great opportunity, so why they do not act?
Success is not an over night thing, and probably you will fail a couple of times until succeed.
I’m definitively on the side that take risks…
next time around on the $x,xxx,xxx,xxx,xxx side!
Here’s to hoping! That is on true, true article as life is nothing without taking chances.
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For me life is gambling, when there is a change I will try it. Even if I have to lose, I know this consequence. And thanks for making me more confidence to do it my way. Gambling with my life and money
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It’s funny that now people are buying SUVS/TRUCKS left and right because of the low gas prices, but as gas is now rising, people are complaining.
-Mike
Very interesting. The truth is, many people really really want to buy courses, ebooks or trainings that teach them how to make money online. The catch? They want to get some income first before buying those stuffs. “Let me make some money first and then I’ll reinvest for training and such.” or so they think… Talking about putting the cart before the horse =)
Im a hypocrite when it comes to this. I tell every one to take chances but when it comes down to it, I don’t take them for myself.
I know I should but in the past my ‘gambles’ ended up as losses. I guess it’s sorta a fear of failure now.
Blog for Bloggerss last blog post..Sever Writers Block: What To Do
You never know the outcome unless you have tried. I won’t be contented if I knew there is a possible opportunity to succeed but give up because of the risk involve.
Wei Liang
Wei Liang | Earn Money Onlines last blog post..Updates For 2009
I normally gamble and don’t succeed.
With online marketing I think it’s vital that you try a lot of techniques. I’m not saying that you should spend time trying out every single one but if something doesn’t work for you then move on. There are plenty of fish in the sea. There are not just a few ways to make money online, there are loads.
Stick at it. You may spend a lot of time at the beginning without making much but hopefully you learn and then get enough knowledge to be able to make money in the future when you find a method that works.
Hello,
You made a lot of sense in this post. I’m not going to quote Warren Buffet because he’s been overquoted but I’m sure that applies here as well… It’s usually the ones who take action that win in the end!
Asher
Ashers last blog post..20 Point Starter Guide To Professional Blogging
Whenever you’re looking at a new opportunity you have to look at the chances of succeeding and the cost of failing.
It’s gambling yes but you’ll know whether it’s worth the risk.
Stan
Do your studying before taking a risk to reduce the risk.
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If you gamble than knowing Probability theory is the key. I don’t think you’ll play the game when you know that chances are less than 50 percent.
Don’t miss opportunities is the key to be successful in life because there plenty of them out there.
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To become super successful, you need to take risk just like Jonathan Volk. If your chance is higher than 50%, then take the risk.
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A bit late… but thanks for the mention!
~JV
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