{"id":69772,"date":"2017-11-17T08:43:23","date_gmt":"2017-11-17T16:43:23","guid":{"rendered":"http:\/\/erickimphotography.com\/blog\/?p=69772"},"modified":"2017-11-17T08:43:23","modified_gmt":"2017-11-17T16:43:23","slug":"on-risk-and-failure","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2017\/11\/17\/on-risk-and-failure\/","title":{"rendered":"On Risk and Failure"},"content":{"rendered":"
\"Abstract
Abstract by ERIC KIM<\/figcaption><\/figure>\n

A lot of us are afraid of \u00e2\u20ac\u0153failure\u00e2\u20ac\u009d\u00e2\u20ac\u201d and many of us are \u00e2\u20ac\u0153risk averse.\u00e2\u20ac\u009d<\/p>\n

But what does that really mean? And what is the worst-case scenario?<\/p>\n

<\/p>\n

CONQUER YOUR FEARS AND MEET NEW PEERS ><\/a><\/strong><\/p>\n

Feedback, not failure<\/h2>\n
\"Abstract
Abstract by ERIC KIM<\/figcaption><\/figure>\n

Failure<\/strong>: I think we should get rid of this word from our vocabulary.<\/p>\n

Rather, the word we should replace with failure is \u00e2\u20ac\u02dcfeedback\u00e2\u20ac\u2122.<\/p>\n

Feedback<\/strong>: information that teaches, educates, and informs you.<\/p>\n

For example, let\u00e2\u20ac\u2122s say you have a goal, and you are not able to reach it. You didn\u00e2\u20ac\u2122t fail\u00e2\u20ac\u201dyou just got feedback.<\/p>\n

Risk<\/h2>\n
\"Abstract
Abstract by ERIC KIM<\/figcaption><\/figure>\n

What is risk?<\/p>\n

Risk: to have \u00e2\u20ac\u02dcskin in the game\u00e2\u20ac\u2122\u00e2\u20ac\u201d to have the chance of failure, or some negative conscience.<\/p>\n

For example if you start your own business, you have a risk of going broke. But generally in life,<\/p>\n

\n The higher the risk, the higher the (potential) reward.\n<\/p><\/blockquote>\n

Take more risks in photography and life<\/h2>\n

\"\"<\/p>\n

For example, in street photography, the more bold the risks you take, the higher your chance of making a really good picture.<\/p>\n

In business, you might make a very risky investment. If you fail, you might go broke. But if you succeed, your return on your investment will be massive.<\/p>\n

Failure doesn\u00e2\u20ac\u2122t exist<\/h2>\n
\"Abstract
Abstract by ERIC KIM<\/figcaption><\/figure>\n

So for me, this is how I see life:<\/p>\n

\n Take more risks in life, because failure doesn\u00e2\u20ac\u2122t exist.\n<\/p><\/blockquote>\n

Honestly, the worst case scenario most of us fail in modern society is bankruptcy. But my mom filed bankruptcy, and it isn\u00e2\u20ac\u2122t that bad.<\/p>\n

\"Abstract
Abstract by ERIC KIM<\/figcaption><\/figure>\n

We also fear failure because we\u00e2\u20ac\u2122re afraid of the social stigma of failure. For example, let\u00e2\u20ac\u2122s say you start a risky business and you fail, you are afraid of being called an idiot, a loser, or \u00e2\u20ac\u0153failure\u00e2\u20ac\u009d by your peers or family.<\/p>\n

What are you really afraid of?<\/h2>\n
\"\"
Cindy. Berlin, 2017<\/figcaption><\/figure>\n

So friend, what do fear more in life? Do you fear the negative consequences of failure like going broke and homeless, or do you fear the negative social repercussions?<\/p>\n

For me, I really have no fear of failure.<\/p>\n

Why?<\/p>\n

    \n
  1. I\u00e2\u20ac\u2122ve reduced my basic needs (food, shelter) to a bare minimum. So I don\u00e2\u20ac\u2122t fear going broke. I can sleep on the hard floor with a sleeping bag, and subsist off eggs and coffee. <\/li>\n
  2. I don\u00e2\u20ac\u2122t fear people talking shit about me \u00e2\u20ac\u201d because I don\u00e2\u20ac\u2122t care about the opinions others have of me (whether positive or negative). <\/li>\n<\/ol>\n

    How to conquer your fears<\/h2>\n
    \"Fluorescent
    Fluorescent light. Berlin, 2017<\/figcaption><\/figure>\n

    The first part is a stoic<\/a> technique: imagining the worst-case scenario, and preparing yourself mentally for it. It is considering the mental bias of \u00e2\u20ac\u02dcloss aversion\u00e2\u20ac\u2122 (we fear loss, more so then we are excited about gains). For example at a casino, losing $100 is twice as painful as winning $100 (this is why I don\u00e2\u20ac\u2122t gamble).<\/p>\n

    \"Mask
    Mask billboard. Berlin, 2017<\/figcaption><\/figure>\n

    The second part is building up your self-esteem and ego. Modern society tells us it is bad to have an \u00e2\u20ac\u02dcego\u00e2\u20ac\u2122. I disagree \u00e2\u20ac\u201dwe need a healthy and strong ego, to not care about what others think of us. I think the stronger your ego, the stronger your self-confidence.<\/p>\n

    LIVE AN EPIC LIFE!<\/h2>\n
    \"Cindy
    Cindy against grey background. Berlin, 2017<\/figcaption><\/figure>\n

    Friend \u00e2\u20ac\u201d you have your entire life ahead of you.<\/p>\n

    Do you prefer to life a safe, and normal life \u00e2\u20ac\u201dor do you want to live a grand and epic life?<\/p>\n

    The choice is up to you. But for myself, I would rather take massive risks, and have the (small) chance of winning big.<\/p>\n

    BE BOLD,
    \nERIC<\/p>\n

    CONQUER YOUR FEARS AND MEET NEW PEERS ><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

    A lot of us are afraid of \u00e2\u20ac\u0153failure\u00e2\u20ac\u009d\u00e2\u20ac\u201d and many of us are \u00e2\u20ac\u0153risk averse.\u00e2\u20ac\u009d But what does that really mean? And what is the worst-case scenario?<\/p>\n","protected":false},"author":1,"featured_media":69710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-69772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2017\/11\/98F8D033-A72D-4AB4-8F36-7D3D3AE739B1.jpeg?fit=4928%2C3264&ssl=1","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/69772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=69772"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/69772\/revisions"}],"predecessor-version":[{"id":69773,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/69772\/revisions\/69773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media\/69710"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=69772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=69772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=69772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}