For Business Success You Must Become Comfortable with Risk According to Melvin Feller Business Group.

Melvin Feller Business Group Understands Business Risk.

Melvin Feller Business Consultants Group in Texas and Oklahoma. Melvin Feller founded Melvin Feller Business Consultants Group in the 1970s to help individuals and organizations achieve their specific goals and dreams. These are the client’s goals and Melvin Feller knows that if you can dream it you can achieve it.

A couple of years ago, I was fortunate enough to listen in on a round table discuss between 6 multi-millionaires who had come together to share their secrets. Each had achieved success multiple times and had also suffered huge losses in the process. They were all successful enough to have reached their life’s goals but each man came to the meeting eager to learn new things from the others.

Melvin Feller Knows each one of must decide our own risk tolerance.

As each man tossed out a question for the others to reflect on, one man asked the group; “‘what makes a person truly successful”? The answer was surprising. Three of the men spoke about the people who had mentored them at an early age but 1 man said it was his ability to deal with risk. This guy had started or turned around 17 businesses in his career and he attributed his fortune in this way. 

He said, “at an early age, I always knew I would be successful. The thought of failure never crossed my mind. I just assumed that I would reach the goals I had set for myself”.

The other men seemed to understand his comments but one asked him to elaborate. The man went on to say that he assumed that becoming successful would include taking risks and that sometimes he would fall short or possibly lose what he had invested. But he never attributed a shortfall to himself. He only considered the poor result as something he needed to learn from before he continued on in pursuit of his goals.

Melvin Feller knows that Each of Us Must Measure our Own Risk.

Being successful in business means being able to take risks. The risk should be investigated and considered against the reward that you want, but in the end deciding to move forward with your plan is the only way to achieve anything. Letting risk stop you from taking action will guarantee that you do not get want you want.

If you have difficulty taking risks, try to understand why you are unable to do so. If it’s the result of prior bad results, what did you learn that can improve your decision-making ability going forward?

There’s risk in everything we do. Deciding what risks to take is as important as learning from the choices that don’t work out. Regardless of what happens, resist the temptation to internalize the loss. Eventually, everyone makes a bad decision. It’s the lessons you learn from these events that set you up for the truly great wins.

Melvin Feller Business Group Understands Success

In addition, clients define their goals by achieving strategic objectives, exceeding goals, getting results or desired outcomes and a positive outreach. He has extensive experience assisting businesses achieve top and bottom line results. He has broad practical experience creating WINNERS in many organizations and industries. He has hands-on experience in executive leadership, operations, logistics, sales, program management, organizational development, training, and customer service. He has coached teams to achieve results in strategic planning, business development, organizational design, sales, and customer response and business process improvement. He has prepared and presented many workshops nationally and internationally.