REAL AF with Andy Frisella - 114. How Winners Think About Risk

Episode Date: June 9, 2021

"What if I lose everything?" That's not how winners think. On today's episode, Andy explains the mental approach winners have towards taking risks, the dialogue that happens when winners plan for the future and how you could stop overanalyzing the present situations to achieve your goals. LINKS MENTIONED IN THIS EPISODE: Book Andy to Be on Your Podcast Follow Andy on Instagram Follow Andy on Facebook Take complete control of your life - 75 HARD Get my raw & uncensored advice about success & life delivered to you daily!

What's up guys, it's Andy Priscilla and this is the show for the realest, say goodbye to the lies, the fakeness and delusions of modern society and welcome to motherfucking reality guys this is your first time listening um this is a little bit of a different kind of show it's not an interview show it's a conversation show first of all um so those of you who are tuning in to hear me ask the same fucking questions that everybody else ask everybody else uh you're not going to get that here. There's other shows like that. All right. Second of all, I have valuable input. I'm going to talk a whole fucking lot. If you don't like that, don't fucking listen. All right. Third of all, this is an entrepreneur show and we also cover current events. If you don't like that, don't listen. Basically, guys, if you don't like the

show, don't fucking listen. Now, for those of you still here and those of you still listening, today I'm going to talk about risk assessment. One of the biggest questions that I get as an entrepreneur and as a very successful speaker, I was ranked the 14th best speaker in the world last year, even though I didn't do a single fucking event, which is weird. But apparently I'm decent at what I do. So I want to talk to you guys a little bit about risk. One of the biggest questions that I get from young people or people just starting out is how do I know if it's going to be worth it? Or what's, you know, what's the correct amount of risk to go after an opportunity? And let me reframe how this should be asked in your mind, okay? The way you're asking the question, is this going to be

worth it? Is this something that's going to pay off? Those are normal thoughts. Those are thoughts that every single person who has ever accomplished anything have. Okay. We look around in our life and we say, man, you know, this isn't that bad. Like I don't want to lose it by going out and trying something else. But, you know, I would like a better life. I would like more money. I would like a better house. I would like a better lifestyle. Right. And so we're constantly weighing these pros and cons based around what it is we think is worth it. And that's normal. All right. But I'm going to tell you that's also how losers fucking think. All right. How winners think is this. What's my life going to look like if I don't do this? What's my outcome going to be if I don't

do this? Am I going to be less than what I could be if I don't do this? These are the things that a winner's dialogue sounds like. All right. Loser dialogue sounds like, man, I don't do this. These are the things that a winner's dialogue sounds like. All right. Loser dialogue sounds like, man, I don't know. I don't know, man. I don't want to lose what I got. You know, I got it pretty good when in reality you don't have it pretty good. You're scrounging. You're trying to make ends meet. You're doing a job that you fucking hate. All right. And you've built this life that you're afraid of losing up as if it's extremely valuable, when in reality, the value is way down the road,

10, 15 years down the road that you haven't built yet and you're afraid to trade what you have for what you could have. And that's just not the way winners think about it. Winners think about it very simply. They see the end result, the 10 years, the 15 years down the road, and they say, fuck, I can't afford to not do that. I have to go all in on everything. I have to do everything I can to get to that point because that point is so great that it makes this point feel like it's absolutely nothing. And really what I'm telling you guys is this, stop overvaluing your current

situation. Stop thinking that you have it so good that you're afraid to take a risk because people that actually win, people that build great things, people that do great things, all the people you look up to and you say, fuck man, I wish I had what that guy had. The only real difference they have is the way they assess risk is completely different. Okay. You see it as what you have to lose when the person who's going to achieve this, the people you look up to, they see the thing 10, 15 years as something that they can't afford to not go after. All right. It's a completely different way of seeing things. And you could sum it up as this. What is this going to cost me if I fail? And what is it going to

cost me if I don't fucking go after it? And here's the other thing, guys. What you don't realize is that when you take these risks in entrepreneurship, when you go out, very few of these little decisions that you make are going to be fatal. All right. That's a whole nother thing that people don't understand when they're just starting out in the success entrepreneur going to build a business game. They feel like every mistake that they might make could possibly sink them. And that's just not reality. Here's what happens. Just like when you're three years old or four years old and you're old enough to touch the stove, you only got to touch stuff once and you only got to touch it for a very short amount of time to know that it's not right. And so

sometimes when you make these decisions, you will know immediately that they were the wrong decisions. You'll be able to retract, adjust course, and then move forward. All right. But you cannot paralyze yourself overvaluing your current situation and undervaluing what your life could actually look like. Because if you do that, guys, what's actually going to happen is when you're 10, 15 years down the road, if you decided that it wasn't worth going after, you're going to look around and you're going to say, well, fuck, what would my life look like if I actually had went after that? And that's going to cause regret. That's going to cause what if it's going to cause uncertainty. And what it's eventually going to cause is frustration, unhappiness,

and lack of fulfillment in your life. You're going to feel like you wasted shit. So whatever it is that is in your heart, whatever it is that's in your mind that you're saying, dude, I could do this. I know I could fucking do this. I know I can do this, but I'm not sure if I want to put in the time or I'm not sure if it's going to be worth the effort or I'm not sure if I can actually finish this thing. And you start having all these, dude, you got to push that shit out of your mind. And you have to remember that the only way mountains are fucking climbed is one foot at a time.

And if you're not moving in the right direction, if you're not moving consistently on a day-by-day basis, you'll never get there. But if you are, if you are taking the steps on a day-by-day basis, you'll never get there. But if you are, if you are taking the steps on a day-by-day basis, every single day that passes, you're moving closer to this goal. And not only are you moving closer, what's happening is you're putting more tools in your tool belt, okay? You're making mistakes. You're touching the stove. You're learning lessons. And those lessons make you more effective. Every time you

make a fucking mistake, it should be a time where you say, oh, you know what? We spent money there. That was a bad idea. Or you know what? I handled that the wrong way. That was a bad idea. And you should be able to put those lessons into your fucking arsenal of weapons. And you're going to be able to use those, which makes you more effective. So when you get to that 10-year mark or that 15-year mark, and you're looking around at your life and say, this is pretty fucking good, you're going to be looking around at yourself saying, I can't believe this is me. I can't believe I did this. What did I do? Well, here's what you did. You did what other people won't do. You move forward day after day after day, being comfortable with the fact that you

don't really know what the fuck you're doing and confident in the fact that you know that you're smart enough to learn your lessons day by day. And you understand that every single lesson you learn makes you better. Okay. So the way you look at this whole situation, guys, of risk versus reward is usually backwards. All right. We have to stop thinking of it as what are we going to lose? Are we going to lose this life that we don't really like? We're not really happy with. We're not excited about. Do you really have that much to lose? It's something to consider because the other side of that is so great and so big. And all it takes is a perspective switch up from, I can't afford to lose this, which is something you never really

wanted in the first place to, I can't afford not to go after this because if I don't, my life will be shitty. All right. So think about it like that. Stop asking yourself, is it going to be worth it? Fuck yeah, it's worth it. It's worth it all. What else are you going to do? You're going to coast through life fucking doing everything that everybody else does. If that's you, you shouldn't be listening to the show in the first place. All right. So stop thinking of risk as this thing that's bad and start seeing it as an opportunity to do the things other people won't do, knowing that ultimately that path is what's going to reshape your entire existence and make you into a fucking weapon where other people are still going to be in the same mental space with the same skills 10 years from now. What does that mean for you? That means 10 years from now, whether

you're going to be 30 or 40 or 50 or 60 or whatever it is you're going to be, you're going to be literally so much more effective than everybody else around you that the things that seem hard now are going to be things that you could snap your fingers and get done instantly. All right? So stop killing your entire future, your entire family's future, your entire existence by overvaluing what you have now and not understanding what the real risk is. And the real risk is this, what the fuck could you have and what's your life going to look like if you don't do it? Box froze, fuck a bowl, fuck a stole Counted millions in the cold Bad bitch, booted swole Got her on bankroll Can't fold, that's a no Headshot, case closed