The Daily Mastermind
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Episode 334 · Feb 9, 2021

Overcoming Fear and Taking Risks to Live Your Best Life

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George Wright III opens this episode of The Daily Mastermind with a challenge: what is actually holding you back from going after what you truly desire? Most people know they have talents. Most know that success, opportunity, and real adventure live outside their comfort zone. And yet day after day, they stay put. This episode is a direct conversation about courage, risk, and why letting go may be the most powerful thing you ever do.

Why You Stay in Your Comfort Zone

The default setting for every human being is comfort. You stick to familiar tasks, familiar routines, and familiar levels of effort. George acknowledges this is natural but points out the cost: when you stay too long inside your comfort zone, you start drifting away from the life you actually want. The opportunities and experiences that could change everything are sitting just beyond that invisible boundary you have drawn around yourself.

George references Og Mandino's book "University of Success," which prompted this episode. Mandino opens with a blunt observation: hopefully you are hurting deep down inside. The reasoning is straightforward. People do not make changes when they feel comfortable. They change when they are fed up. Think about the real turning points in your own life. The moments that shifted your direction were probably not the easy, comfortable ones.

How Risk and Reward Actually Work

Risk taking in life is a lot like investing money. You need to determine if the risk-taking will be outweighed by the rewards.

George makes the case that life already carries unavoidable risk. Whether you take action or stay still, circumstances will change around you. The real question is whether the risks you choose to take will be outweighed by the rewards you want to earn. The higher the risk, the higher the potential reward and the more fear will naturally arise. That is the deal.

He also notes that as people get older, risk-taking can feel increasingly difficult. The answer is not to stop, but to get honest about your own risk tolerance and find the balance that works for your life and your definition of success.

The Unexpected Cure for Fear and Boredom

Og Mandino offers another line worth sitting with: "Boredom is the legacy of fear." If you are feeling stuck, flat, or like life is a treadmill going nowhere, fear may be the root cause. You have been giving in to it without realizing it, choosing the safe path so consistently that you have crowded out excitement and growth.

The real cure for fear is risk, because change is something that will sort of wake you up.

George's prescription is to experiment. Identify your personal risk tolerance, then stretch it. The goal is not recklessness; it is creating enough uncertainty and excitement in your life that you feel genuinely alive while still making progress toward your goals. Tony Robbins and others in personal development have pointed out that human beings actually need some stress and uncertainty. You are built for it.

The Paradox of Control

One of the subtler points in this episode is the challenge of needing control. George says this is something he genuinely struggles with. The instinct to label, manage, and control everything in your life is really another form of fear management, and it backfires.

The highest form of control is when one surrenders all control.

George illustrates this with learning to ride a bike, ski, or swing a golf club. You can study the mechanics endlessly, but real progress only comes when you stop gripping so hard and let go. The same principle applies to every area of life. What you already know and control will not take you past the boundaries of your current circumstances. Letting go is not weakness; it is the actual path to your highest level of courage and your biggest results.

How to Redefine Success and Build Real Courage

George brings the episode home with a question: what do you want in your life? Your answer determines how much courage you actually need to develop. It also forces you to examine what success means to you.

If your definition of success is "winning the game," fear will keep stopping you because the stakes will always feel too high. But if you shift your definition so that "to try is to succeed," the equation changes entirely. Failure becomes just another step closer to your goal. Fear loses its grip. Courage takes over.

When you adopt that redefined version of success, you stop waiting for life to come to you. You stop sitting on the sidelines hoping an opportunity will land in your lap. You get in the game.

Action Steps

  • Identify the one area of your life where fear has been keeping you on the sidelines and name it honestly.
  • Evaluate your current risk tolerance and find one concrete opportunity to stretch it this week.
  • Write down your current definition of success, then rewrite it so that trying and facing fear count as winning.
  • Practice letting go of control in one low-stakes area and notice how your results and confidence shift.
  • Share this episode with someone in your life and tell them what you are committing to do to face your fears.

It is never too late to start living the life you were meant to live. Choose courage, question your definition of success, and get in the game. As George Wright III puts it, that is when you attract the best version of yourself into your present life.

READ THE FULL TRANSCRIPT

Welcome back to The Daily Mastermind. George Wright III here with your daily dose of inspiration, motivation, and education. I hope you're having a great day. We're going to start out today with the quote of the day by Benjamin Hardy. And the quote is, how you see yourself is how you act. Once again, how you see yourself is how you act. Great thought. Today, I want to talk to you about courage. One of the things I love about the Daily Mastermind is that it's become a real daily ritual for myself. You know, I'm always learning and growing and needing inspiration, motivation, and education as well. So when I learn, I get to share some of those thoughts with you. So I had a great reading session today where I kind of was going through some things in Ogmandino's book, University of Success, and it got me thinking. So let me ask you a question. You know you have innate talents and unique talents and abilities, and listening to this podcast, I know you want to achieve various levels of success in your life, but you're faced with opportunities and experiences every single day. So what is it that's holding you back most times from going after what you really want, what you really desire? What is it that's holding you back most of the time from going after what you desire? What's keeping you from taking risks and getting outside your comfort zone? You know, are you living too deep inside your comfort zone? Are you content with spending your days doing the same tasks, the same, you know, minimal effort or whatever it takes to get by? I know that because you're listening to this podcast, you know, most people listening to the podcast are entrepreneurs. So we know we have unique talents. We know we have and need, more importantly, we need to get outside our comfort zone to get what we want in life. And yet, you know that most of these successes and opportunities and adventures that you have, they lie outside your comfort zone and your circumstances. you know you know that it takes risk because risk is one of those keys to the gateway of success so what is it that's holding you back from taking more risks you know how do you how do you develop the courage to really move forward and face your fears and uncertainties and that's kind of some stuff that I was looking at when I was reading this chapter out of the book from University of Success the other day and I came across it and I had some really really good thoughts here by Ogmandino, he said something that really impacted me and it made me think. And hopefully, you know, it would make you think as well. He started by saying, hopefully you're really hurting deep inside. And I thought, why is that the case? Well, I think it's obvious because people don't make change when they feel good They not as willing to take risks when they feel good They change when they fed up I mean think about that in your life is it usually when you hit your you know rock bottom or certain challenges and things that you really have made changes in your life I mean it definitely has been for me you know when you go through business setbacks or you know divorce or different relationship issues that you may have and things that's when it really makes you take some change and take some assessment of where you're at. I mean, life itself is full of risks. And so why don't you take challenges and risks when you know that you're risking all these things anyway? Life is going to throw things at you whether you take risks or not. You know, risk taking in life is a lot like investing money. You need to just sit back and you need to determine if taking the risk is going to be outweighed by the rewards. I mean, it's really as simple as that. And yet, the higher the risk, the more reward you're going to get. And the higher the risk, unfortunately, the more fear is going to set in, right? When you're doing things in life or in investing that bring a lot of risk, a lot of fear is going to set in. And some of you, the older you get, the more difficult it's going to be to take risks. but you know sometimes the real cure is risk to your fear right the real cure for fear is risk because change is something that will sort of wake you up we're all given time in our life and we all need to decide what we're going to do with our time and you know we need to understand also you've you've heard me talk about this before tony robbins you know individuals that are in the personal development arena have talked about how as human beings we do need some stress and some risk and some uncertainty. We need that uncertainty to sort of fulfill our inner nature. That's why we we get to the point where sometimes we need a change. And we're designed, quite honestly, we're designed to operate in times of stress to keep us safe and adapt to life and we're built to be able to handle some stress. Of course, too much stress is not good either. We need to learn to balance that. So how do you create that balance between risk and reward and not too much risk? Well, how we do that, I think what I've learned over time is different for every individual. There's definitely no one size fits all answer to this. We each need to evaluate what levels of risk that we can take and yet also fulfill our needs. Because some people don't need a lot of risk and they're more content with where they're at, right? So it's all about balance when it comes to risk. But we need to be able to weigh that against our own definition of success because I think it's not just about how much risk we're able to take. It's a lot to do with what we want in our lives You know this is back to your vision If you want a lot of things in your life you have to be willing and able to take more risks and um you know augmentino had made another comment which was great it he said boredom is the legacy of fear meaning you know the more you fear the less action you take the more bored you may become in life and you're left with that boredom so are you i mean you may be feeling bored in your life are you giving into your fears are you feeling like your life is kind of a treadmill. You know, risk-taking ironically is really the cure to that. It's the cure to fear and to boredom. So I go back to how you, you know, talk about taking risks and this idea of does the rewards outweigh the risk payoff? You need to experiment a little. I think my recommendation for you is to determine your level of risk tolerance. You're going to have to explore and experiment and take opportunities to get outside your comfort zone. Because the point is, is you've got to make yourself feel exhilarated and excited with life and have some degree of uncertainty while also making progress to your goals and just sort of balance what works best for you. Because look, your best life, it's going to come when you learn to create some excitement and experience and variety in your life. Because that's when you're really living. that's when you're really going to enjoy and create the best experiences. I've seen most people, you know, they sit on the sidelines of life waiting for the right opportunities or for life to throw them a bone, you know, or waiting for some, you know, opportunity to come in front of them. You know, don't be the person that's waiting for life to come to you. Be willing to jump in the game and start playing and taking risks so that you enjoy your life. and by default you will create massive success and growth. Another challenge that we face, I know I definitely have struggled with, is this need for control. This need for control sort of outweighs sometimes the risk and it's your way of trying to mitigate fear and what I've learned is that you can try to label and control everything in your life or you can start to let go. right there's there's a real paradox in this whole idea of control and it goes something like this the highest form of control is when one surrenders all control it's a real it's a real paradox because you know you've heard that phrase that you never really own something unless you're able to give it away and you know another example of this you know you you could take like learning to ride a bike or I don't know if you've ever learned to ski water ski or or snow ski if you think about it you can learn all the mechanics and you can kind of control what you do and how you're doing it but it's not until you just let go that you can really it's hard to explain but you can really start to make progress you can't it's or maybe if you've ever gone golfing you're trying to figure out the mechanics of holding the the club and swinging and all these things yeah at some point you have to learn that stuff but then you just got to let go and do it And you know we always learn best by losing ourselves and our identity and our need for control because what we already know isn't going to get us where we want to be. You know, what we have inside of our comfort zone is not going to take us past that. Ultimately, we create the highest level of courage when we surrender ourselves to whatever activity that we're learning and you know the the irony here is that you also get the best returns and the biggest rewards in life by being willing to let go and so it's a real it is a real paradox right letting go you know facing your fear gives you the most courage letting go gives you the most control it's a really crazy thing but it's something you need to learn and accept so I so I just kind of ask you ask you this what do you want in your life because what you want in your life will determine how much courage you need it'll determine how much you need to face your fears and that balance that you'll create and as I mentioned earlier you need to weigh that against your definition of success because look if your definition of success is winning the game or getting to a point that's not going to serve you you need to choose a different definition like for example to try is to succeed see when you change your definition of success and winning the game to trying is succeeding and you accept failure is just another step closer towards your goal and you sort of redefine your definition of success that's when you become really empowered and that's when you can you know stop having fear stop you and start becoming empowered and more courageous. That's when courage starts to take shape and truly drive your actions and results that you experience in life. So I encourage you to choose courage. I encourage you to face your fears. I encourage you to question your definition of success and to start seeing trying and facing your fears as your definition of success because that'll empower you and that'll definitely help you to see more results in your life. You're going to be living your best life and you're going to start to attract the best version of yourself by letting go. And that's my thought for today. I hope that's something that'll help you. You know, if you feel it has, then I'd encourage you to share this episode and, you know, share this episode and this podcast with someone you know. You know, talk to them about what you want to start doing more to face your fears. Put it out there. It'll help you to grow if you do that. and as a default, it'll also really help us. And I appreciate your support for the podcast. I'm so glad, I appreciate you listening today. I hope that there's some good thoughts there for you. And once again, I look forward to talking with you more this week. This has been The Daily Mastermind and my name is George Wright III. Have a great day.

About the host
George Wright III, host of The Daily Mastermind

George Wright III

George Wright III is an entrepreneur, investor, and the host of The Daily Mastermind. Over more than two decades he has founded and scaled several multimillion-dollar companies and built a renowned seminar business that put some of the world's biggest names and brands on stage. With 25+ years across marketing, sales, and executive leadership, he's made a career of turning bold ideas into results — and momentum into lasting growth.

Today his mission is singular: empower driven entrepreneurs everywhere to master their mindset, unlock their potential, and live their ultimate destiny. Through The Daily Mastermind, George shares the Prosperity Principles and strategies that help people create massive change — in their business and in their life.

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