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Risking
Freedom
by Tom Pryor
The
voice on the phone said, "As of June 13, 2005, the balance due
on your mortgage is zero dollars and zero cents. If you would like to
repeat this message, press 4 on your telephone keypad." I responded
by pressing "4" several more times! Why? Because it was music
to my ears.
July
4th is the day Americans celebrate their independence from a monarchy
and Bill of Rights' freedoms. It's the date fifty-six men risked life
and possessions to sign a Declaration of Independence from a monarchy.
June
13th is the Pryor Family Independence Day from a mortgage. A day we plan
to celebrate for many years to come. Risking hard-earned money in investments
and making monthly financial sacrifices to pay down the principal have
resulted in the freedom of now owning a debt-free home.
Webster's
Dictionary defines freedom and independence as "the quality or
state of being exempt or released usually from something burdensome".
Debt was my burden but now I'm free.
Do
you have an unwanted burden? What independence do you desire? What risks
are you willing to take for that freedom? To achieve freedom… any kind
of freedom… there must be a willingness to risk what you have for that
which you desire. People and organizations with undefined desires and
aversion to risk face a future of decline, despair and discontent.
Freedom
begins with a revolution of heart and mind. President John Adams wrote,
"What do we mean by the American Revolution? Do we mean the American
war? The Revolution was affected before the war commenced. The Revolution
was in the minds and hearts of the people". (1) If your heart and
mind are averse to risk, the following poem by Leo Buscaglia will free
up provoking thoughts to the contrary.
Risking
Freedom
To laugh is to risk appearing the fool.
To weep is to risk being called sentimental.
To reach out to another is to risk involvement.
To expose feelings is to risk showing your true self.
To place your ideas and your dreams
before them is to risk being called naive.
To love is to risk not being loved in return.
To live is to risk dying.
To hope is to risk despair, and to try is to risk failure.
But risks must be taken,
because the greatest hazard in life is to risk nothing.
The person who risks nothing,
does nothing, has nothing,
is nothing and becomes nothing.
He may avoid suffering and sorrow,
but he simply cannot learn
and feel and change and grow and love and live.
Chained by his certitudes,
he is a slave,
he's forfeited his freedom
Only the person who risks is truly free.
Here's
a list of calculated risk that result in freedom:
-
Risk known frustration for unknown elation.
Salesmen are often frustrated with the travel and time commitment
required to make commissions and increase corporate profits. What if
they had a tool that identified the customers which consume 80% of their
time yet result in 20% or less of company profit? To increase commissions
and profits, risk raising prices on the frustrating 80%. You may be
elated to learn that they are buying because of your products or processes,
not your price. The tool of which I refer is called Activity Based Management.
To learn more about this sales tool and how to implement, go to www.ICMS.net.
- Risk
the current for the future.
Good
to Great author Jim Collins says, "If you look at some
of the great decisions in business history, the executives had the discipline
to manage for the quarter-century, not the quarter." (2)
I may never enjoy the shade from a tree I plant today, but someone surely
will. If my family had only been concerned about the near term, we would
not have achieved our long term goal of being debt free. Is there something
you should risk now to reap later?
- Risk
being illogical. Being logical
is to risk your family and business. Success is not logical. Logical
is conforming to practices, processes and policies of the majority of
people or organizations in your industry who, upon investigation, fall
far short of being successful. If you are tired of being logical and
wish to become debt free, read The
ABC's of Financial Success. If you desire an illogical plan
to improve your business, read The
Principles.
- Risk
boarding the first bus. Don't
stand around waiting for the best bus. During a recent Industrial Distribution
web cast, Steve Epner said "While it is logical to wait for
a better technology, waiting gets you no where. It's better to board
a moving bus and make progress towards your objective. If a better bus
comes along, get off and change to something better." Consultant
Bruce Merrifield defines a bus-changing course correction as "a
good mistake."
- Risk
saying "I don't know". An admission of ignorance
has less risk than bluffing or guessing. As humorist Will Rogers sagely
observed, "It ain't the things we don't know that hurt us. It's
the things we know…that ain't so." Admitting to others that
you don't have all the answers frees those who do an opportunity to
contribute for the benefit of all.
- Risk
the scorn of unbelievers. What are you afraid of more… being
called a believer by agnostics and atheists, or being called an unbeliever
by God? Oswald Chambers says, "It is better to enter into life
maimed and lovely in God's sight than to be lovely in man's sight and
lame in God's." (3)
The Apostle Paul said, "Where the spirit of the Lord is, there
is freedom." (4)
Freedom
provides us a chance to become better. Betterment results from taking
calculated risks. Unlike his wise, financially independent and frugal
friend John Adams, Thomas Jefferson, author of The Declaration of Independence,
died with debts exceeding $100,000. According to historian David McCullough,
"Jefferson apparently went to his grave believing the state lottery
established in his behalf would resolve his financial crisis and provide
for his family, but the lottery proved unsuccessful". (5)
Even
wise men take unnecessary risks to gain freedom. Taking calculated risks,
based on sound principles and practices, greatly improves the chance of
taking hold of the freedom we desire. Unlike Thomas Jefferson, don't depend
on a lottery to improve your family or business situation. Instead, spend
some quiet time this coming weekend to ponder and answer a question: "What
should I risk to gain greater freedom?"
My
answer to that question a few years ago was "I choose to take a calculated
risk today to obtain a debt-free future." My risk paid off on June
13th. Your answer to the question may lead you or your organization to
do the most important thing you've done in a long, long time. If you don't
answer the question, you're risking freedom, both current and future.
Footnote:
During the revolution, seven thousand men and women willingly died for
freedom. I am thankful for those patriots. Today I'm also thankful for
the patriotic men and women willingly serving in America's armed forces.
Their risks in 2005 protect the freedoms won in 1781.
(1) John
Adams letter to H. Niles, February 13, 1818
(2) Fortune
magazine, June 27, 2005
(3) My
Utmost for His Highest, Oswald Chambers, Barbour Publishing, 1987
(4) 2 Corinthians 3:17
(5) John
Adams, David McCullough, Simon & Shuster, 2001
Send your comments
on this article to Tom Pryor at TomPryor@ICMS.net.
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