The benefits of risk taking

[Bravut]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Nothing tangible in this life comes without risk. For survival, to be who you want to be, to sponsor the lifestyle you want you gotta take risk, you have to believe, you have to take part in regardless of the outcome as far as it worth it.  You don't know what might become of it till you have tried, even if you fail give it more trial give it all you got.

The people who are enjoying and living a satisfied life once took risk for that investment, business, companies they have now, they evolve more  than the spirit of fear, a saying goes"  The brave act in spite of there fear", they conquered there fears. And they achieved it, so if you ain't ready for that invariably means you are ready to remain stucked, and live a life of regret and Mediocrity.

Billionaires lose millions to become Billionaires.
Millionaire lose thousands to become Millionaire
People who live on thousands lose hundreds.
While the poor are not ready to lose anything and rather choose to remain stuck, what differentiate is Action.

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[MissNonFall9]

The first step to success in life is hard work and the second major step is to take risks. Because we know that staying in a comfortable situation can make life stagnate and deprive us of endless possibilities. As there is a possibility of failure through risk-taking the financial loss can be significantly observed so that a person has to face various challenging environments mentally and financially. But if life is to be moved forward or to the pinnacle of development one must have the mindset and ability to take risks both short-term and long-term. It is through taking risks that a person can succeed in both his personal and professional spheres and the mindset of different types of innovation and creativity will propel himself and the country towards economic development.

Sometimes there are people who already have a job and have enough income so that they can survive and tend not to dare to move forward, such as those who have an income and can manage their finances well, it can be said that they have enough money to start a business but they don't dare because you already feel comfortable in that cycle, even though there is no harm in taking risky actions such as leaving your main job and starting your own business. However, it is better to have a permanent job and have your own business, but maybe the focus can be divided.

It's true what you said, of course to achieve success there must be struggle, including failure, because failure is one of the conditions for success, there is no success without failure, I once saw a motivational video on social media about someone trying to climb the top of the ladder, but he keep falling and getting back up like that. Indirectly, it made me realize that success requires sacrifice first.

Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.

[shinratensei_]

Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.

calculated failure is definitely one step ahead toward striving for success, but uncalculated failure might be a disaster, losing 10% of your capital because of failure is fine, losing 100% of your capital and get into debt means you won't be starting other attempt anytime soon which means longer time reaching success though experience accumulated from the failure might add up to your worth but what kind of business nowaday that doesn't require capital I think we can agree that calculating risk and preserving money from failure is also one way to success.

because reckless scaling and business expansion for example that you got the capital from loan and if anything goes wrong and the business failed, then you just gonna get into more trouble, as far as I'm concerned many of the rich people out there are become rich from calculating and managing risk from their business yes there are some that just start out a business and then succeed, but that also require sheer of luck.

[Oasisman]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Did you come to the realization that every single person has different risk appetites? Some are not built to withstand the risk associated with building their own business and some have larger appetites regardless of financial doubts. Nevertheless, the world needs balance, not everyone can be a business man, that's why there's a lot of workers as it bears almost no risk of lossing money.
Also, business usually needs huge capital. So, not everyone has the capacity to provide such amount to start from the scratch. Not only does the risk that's hindering for someone to build their own business, but it's the capital first.

[moneystery]

Taking a risk is good, but taking a risk does not mean that you are not getting anything and you say that I will make a profit by taking a risk. Taking a risk is not a bet or sometimes that will lead to success or failure. it needs a proper plan, if you don't have a proper plan for your risk, you may get a loss instead of a benefit.
....

taking risks without having a thorough plan is the same as gambling, because he doesn't know anything about the risks he is taking and what the results will be, whether they fail or succeed. that's the same as a fool, because he doesn't know anything and just takes risks just because it can give them the opportunity to make money.

smart people should plan everything from the start before they take a risk. they will think about plan a-z to succeed in taking the risk and what to do next if the plan fails. so that the risks taken do not have a significant impact on them.

[betswift]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.

[Manlikefrank1]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

In this life you have to be able to make some decisions what making a better change in your life to achieve what you want for example, to build or grow your self you need to take risk and leaving of your comfort, innovation and creativity, increase confidence, adaptability and barriers breaking.this above a just little of the benefit to achieve when taking a risk in your career or life as a human .

I agree with the op of this post that taking risk is part of growth, as there is a popular saying that, “He who fails to take risk, already risk to fail” this saying is just trying to say that, for growth to happen, there must be some level of risk and the higher your risk, the higher your gain.

[OrangeII]

In fact, taking risks can be a good thing. This is because we are targeting big things. However, very many people apply this in the wrong way. They really take risks by endangering themselves and the people around them. For example, some people invest, but use their main money, and/or borrow a lot of money without telling their family, wife and relatives. When the investment he makes fails, this will really affect his life, even worse, it will affect the lives of those closest to him. This is taking the wrong risk.
However, I might be more inclined to reconsider taking that risk. For example, if we have investment funds, and take the risk of investing in something that we feel will be great. However, the investment failed. The worst thing that can happen is that we lose the investment money. However, this will not really affect the main money we have, or even the people around us. We can still rebuild this by saving from our salary or business income that we get. Taking risks is good, but it requires careful planning.

[FortuneFollower]

Absolutely, diving headfirst into every risk isn’t the way to go. Its all about being smart with the risks you decide to take. Think of it as being a detective with your decisions scrutinizing the clues (data and potential outcomes), pondering your moves, and then, if it all checks out, taking the leap. It’s like choosing your battles wisely to win the war. Going for a risk should be more like a well-thought-out strategy rather than a wild guess. That’s where the real magic of risk-taking lies.

[Hamphser]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

In this life you have to be able to make some decisions what making a better change in your life to achieve what you want for example, to build or grow your self you need to take risk and leaving of your comfort, innovation and creativity, increase confidence, adaptability and barriers breaking.this above a just little of the benefit to achieve when taking a risk in your career or life as a human .

I agree with the op of this post that taking risk is part of growth, as there is a popular saying that, “He who fails to take risk, already risk to fail” this saying is just trying to say that, for growth to happen, there must be some level of risk and the higher your risk, the higher your gain.

Yes of course, if you do want to have that drastic change specially on financial aspect or condition then of course you would really be able to attain these things through risks via making investment or have that business on which it would really be adding up into your overall income. Diversify as much as you could and build up as much as you can because having multiple income source could really give out that kind of
opportunity on changing up your financial situation on which this is something more better than most people. You wont really be able to make yourself progressive if you wont act or would really be just simply sitting.

For you to have that kind of change then you should really be taking up the risks. It is really just that your own advancement or progress would really be just that matter or would really be that depending
on the risks that you have taken. FOr those who had none then they have decided to be contented on what they do have now and having no plans on having that kind of changes
into their lives.

[JunaidAzizi]

People are afraid to take a risk and start something like a bussiness because they afraid of lossing their money . I learned from my past experiences that a person who is afraid to take a risk is afraid of a money he borrow. Their thought was that if they lose this money, how they will return it? For that, they are looking for a secure investment from where they are guaranteed that their investment will give them a profit. But one thing I got from that is a person who invests in a secure plan and is afraid of risk earns less than a person who took a risk. In fact, risk gives you a very good opportunity, whether you take it or not. If you take, you will succeed, and if not, you will earn a small profit.

[Questat]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Taking a risk is the choice of someone who can dearly take it and can manage themselves despite the possibility of losing.
So why many people don't try business or entrepreneurship is probably because they are not confident in themselves as this will drive them from thinking negatively instead of pushing it to be positive.

High risk = high rewards
But we don't have to urge ourselves if we are doubtful in the first place because that only leads to losing. Doing business needs commitment and this is missing by most.

[MissNonFall9]

Yes of course it is right to struggle with failure because failure can be said to be the first and foremost step to success. Failure is inextricably linked to success. Everyone has failure in their life it can be failure in personal life or failure in professional life. If there was no failure in our life the joy of success might not be available. So to achieve ultimate success in life we must analyze failures and accordingly plan or plan for success. In such a situation risk will exist in every step. We need to have a risk-taking mentality to get out of our comfort zone to create financial stability in our lives for our future lives. Because where there is no risk there is no success nor the joy of success.

calculated failure is definitely one step ahead toward striving for success, but uncalculated failure might be a disaster, losing 10% of your capital because of failure is fine, losing 100% of your capital and get into debt means you won't be starting other attempt anytime soon which means longer time reaching success though experience accumulated from the failure might add up to your worth but what kind of business nowaday that doesn't require capital I think we can agree that calculating risk and preserving money from failure is also one way to success.

because reckless scaling and business expansion for example that you got the capital from loan and if anything goes wrong and the business failed, then you just gonna get into more trouble, as far as I'm concerned many of the rich people out there are become rich from calculating and managing risk from their business yes there are some that just start out a business and then succeed, but that also require sheer of luck.

One lesson I have learned is to chase after success like others to be successful. But I did not reach my desired success like others I failed. Because I wanted to be successful like others without understanding me. But I agree that if one succeeds it is only luck.
But for success we must understand or evaluate ourselves first and take initiatives and risks according to the plan. But yes the mindset and need to learn from failure will predictably fail again and again if not able to participate in the constructive process. Along with that communication skills should be present. If alternative measures are taken to deal with any problem with faith then I believe that in today's competitive world one can take risks in the workplace or career and move forward with success.

[Yukyzu]

taking risks without having a thorough plan is the same as gambling, because he doesn't know anything about the risks he is taking and what the results will be, whether they fail or succeed. that's the same as a fool, because he doesn't know anything and just takes risks just because it can give them the opportunity to make money.

smart people should plan everything from the start before they take a risk. they will think about plan a-z to succeed in taking the risk and what to do next if the plan fails. so that the risks taken do not have a significant impact on them.

That's right, if when taking risks we don't have good planning, of course only luck can determine the outcome of the risks we take and it is very unlikely that we will succeed because we didn't do any analysis before deciding to take the risk, but if we can analyze and making a plan, of course, this will have the hope that we will be successful in facing the risks we take to be able to provide satisfactory results.

When someone has a good understanding of the risks they face, of course they will make some plans regarding the risks they take so that it is very likely that they will be successful in the risks they take and will succeed in getting the target they want, even if they are not sure about the risks. of course they will not take it because they already know that they will not be able to have satisfactory results from the risks they take.

[AicecreaME]

Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.

[CageMabok]

The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.

Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.

[MissNonFall9]

Risking is all about change, whether the result is too far from what you were expecting or beyond what you were expecting, either way, you'll learn something from it.

People who don't want to risk something is afraid of growth, or maybe they are contented from what they have or who they are, while those people who's not afraid to take risk are seeking growth. They wanted to change themselves into a better one to have the life they wanted.

Don't get me wrong but there's nothing wrong if you're afraid to risk something or want to risk something in order to get something in return. We have our own perspective in life, so live the way you wanted it to be as long as you're happy.

People who are used to a fixed pace of life and don't want to break free from a stagnant life and move forward with determination to succeed are simply unwilling to take risks. Their main problem here is that they focus only on the negative results but not on the positive results.
I don't think there is any reason to misunderstand you because when people think of positive results in return for their efforts those results will motivate them to take risks. So people should conduct themselves in the way they feel comfortable but must consider the risk of positive outcomes.

[Sarah_Jannat42]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities

Yes indeed exposing oneself to danger through risk can also attract potential misfortune. Because of this people push away their potential or turn away from the possibility of development. But it is also an eternal truth that in today's competitive market there is no alternative to risk-taking to stay ahead of the curve. So what can be done? The answer can be through proper knowledge of risk management to assess the economic impact of potential loss in any matter or business and take appropriate steps to minimize the economic loss. So what we should do is first identify any potential sources of damage. Then the consequences of the loss caused by the risk should be carefully assessed. And finally the best system must be selected from among alternative systems to address the risk. Only then can we get the best results from risk.

[Smack That Ace]

The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.

Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.

But there are also types of risks that we need to avoid, not necessarily that we have to face all risks. If we are startups, we can obviously accept all risks, but when we have achieved certain achievements and successes, we need to manage risks as well as avoid unnecessary risks. Each stage of a startup will have different risks and challenges and we need to manage that well, we should not accept any challenges without research when we are in a better position.

[LesterD]

The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.

Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.

But there are also types of risks that we need to avoid, not necessarily that we have to face all risks. If we are startups, we can obviously accept all risks, but when we have achieved certain achievements and successes, we need to manage risks as well as avoid unnecessary risks. Each stage of a startup will have different risks and challenges and we need to manage that well, we should not accept any challenges without research when we are in a better position.

If you are smart and know when to face risk, that's exactly what you need to do. Facing all the risks does not mean we will have more rewards or the success that we are expecting to have. Being smart is needed to know when to face and avoid the risks that will come to our lives. Only face the risk if we know what we are doing and not to face the risk just because it suddenly comes in front of us.