Risk Averse is Life Averse–Part 2

In the last edition, I wrote about my mid-life transition that
occurred 12 years ago. Reliving the details of that change reminded me of the
tremendous risk I felt as I initiated my new plan.

Despite this risk, I knew that my choices were limited. I could
remain burned-out and bored with the confines of a full-time clinical practice,
or I could undergo some radical changes to my direction and see what happened.

One choice included no risk while the other included some risk
(although it was far from financial ruin) but held the hope of freeing me from
the trap I felt I was in.  

After describing the benefits that followed, I promised to tell
you more about a new book that confirms the wisdom of taking calculated risks—especially
during the productive years of a person’s career.


KarlPillemerKarl Pillemer, a renowned gerontologist at Cornell University,
wrote a book called "30 lessons for Living: Tried and True Advice from the
Wisest Americans.
"  This book is a
gem.  It includes insight that he
distilled from interviewing more than 1000 aged Americans. While no book is
perfect, it does contain themes of wisdom that are truly engaging and appear to
resonate with eternal themes. 

To give you a quick bit of medicine from this book, read
the following "refrigerator list" of principles learned:

1. Choose a career for the intrinsic rewards, not the financial
ones.

2. Don’t give up on looking for a job that makes you happy.

3. Make the most of a bad job.

4. Emotional intelligence trumps every other kind.

5. Everyone needs autonomy.

30-Lessons-for-LivingAfter reading this list, spend some time soaking in the value
of something this simple and profound. If you think about it, each of these rules
is crucial to the recruiting process—both the interview and the follow-up
process. It is what’s rumbling underneath the surface in the minds of the
candidates.

This is an insightful basis for asking hard-hitting questions:
Are you (ie. the candidate) in a career with intrinsic rewards? Are you in
search for a job you enjoy? If they doubt their smarts, do you realize how
important emotional intelligence is to succeeding? And, lastly, how badly do
you want autonomy? 

Don't get me wrong. A real estate career is not for everyone.
But the people in your pipeline figuratively raised their hands at some point
thinking that it just might be for them. Will they regret it later if they
don't try? 

Dr. Pillemer says, “yes.” 
At least that’s what most of his research subjects told him:   

"I can only channel to you what the consensus of the 1200
elders in the study was. From the end of life, they definitely have a
"take a risk" attitude, when it comes to time versus money.

They don't want you to do something that might bankrupt you, but
if there's a choice to be able to live comfortably and have more time to
actually live life, they recommend trying to make it happen.

It is a balance between being financially secure and having more
time, but they really encourage us to not stay longer in a job we hate than
absolutely possible."

This is valuable insight because most people whom you interview will be dissatisfied with their current
job.  This is often their motivation for
researching new careers. 

If you can help
them see the future and overcome their natural aversion to risk, you’ve done
them a great service.  You’ll also do
yourself some good—you’ll hire agents who are motivated to flourish in your organization. 


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DMPhotoWorkPuzzleEditor's Note: This article was written by Dr. David Mashburn. Dave is a Clinical and Consulting Psychologist, a Partner at Tidemark, Inc. and a regular contributor to WorkPuzzle.