The benefits of risk taking

[TEBTC]

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

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[alastantiger]

Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk. Some want to answer entrepreneur so bad that they do not take calculated risk. They do not make smart goals. They are not ready to learn. It's lonely being an entrepreneur because the buck stops with you. There's no expectation of a monthly earning and you have to suffer at first. It is failure and repeated failure. And for those 9-5ers contemplating entrepreneurship, the benefit lies in not taking that risk.

[avp2306]

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

Not everyone built to be a businessman that's why you can't blame other people to have fear on something unusual to them. But if you think your calling is to create a business out of the money you can afford to lose then be it since if you are ready then provably with that you can see some good changes to happen. But for those people who's not prepared to take a big step on their life then maybe we can't ask anything more larger than we thought since we all have different perspective on how we look at certain things in life. But try to create a business and maybe we don't notice that they proceed to target that they want to achieve.

[Spaceman1000$]

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

There is no doubt about the fact that, it is good to take risk, in fact those who have succeeded in winning big especially in gambling, are big risk takers as some will even tell you that, it's too risky not to take risk. But however it is good to take a calculated Risk, not just anyhow Risk. It's not all business that involves risk, a lot of businesses are less risky with a lot of profit margin, while some way very risky with higher profit margin. OP I will like to correct one impression you made, "when you take risk you throw yourself to the real of possibilities" the truth is when you throw away risk, you also threw away caution with it, and that's not good for an entrepreneur whose soul aim is to make profit out of a business. So in involving yourself into any business, there is need to calculate the risk factors before getting yourself involved.

[|MINER|]

It is not possible to invest in any business without taking risks.  Because every business has the potential for both profit and loss.  So in every business you have to take risk. If you don't invest in business thinking of loss or if you don't invest in a trusted platform, you won't be able to grow your money and you won't be able to establish yourself in any business.  Every action in life involves taking risks.  And today all the successful businessmen or successful traders have been successful today because they took this risk.  And there are many stories of loss in their lives.  Only those who take risks can profit at the end of the day.  But you have to think before doing every thing and know before investing money in every place and then invest.  If you know for sure that investing in this place can hurt you, then you will never take the risk of investing there.

[DeathAngel]

Risk taking in life offers many benefits. It encourages you to push yourself out of your comfort zones & into new experiences. Risk taking fosters resilience, as overcoming challenges builds strength & character. It also pushes creativity & innovation as it requires thinking outside the box. Calculated risks can lead to greater success & achievement opening doors to new possibilities & rewards.

[electronicash]

every time you decide on something you risk something also. you and your wife decide to buy a house in the city, you are risking whether it's a good neighborhood to raise a child.
you decide to buy a house far from the city, you risk whether you can find a good job far from the city. every decision appends risks.

because you throw yourself into many possibilities, you gotta do your worst. this is why you need plan to achieve your goals.

[knowngunman]

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

It's more risky when refuse to take risks but again that doesn't mean you should take risk without calculations and rely absolutely on probability. It is very important to weigh the outcome of the risk you're about to take and the consequences. Life itself is the major risk and taking risk has become part of our lives if we want to unlock opportunities. However, it should be taken moderately with caution in order not to be consumed in the process of risk taking.

Those successful men and women don't just wake up one day and jump into risk without being calculative. It is those who calculate risk before hoping in that are successful. Gamble addict or similar people are also taking risk but their own is uncalculated risk hence, some of them are struggling.

[AVE5]

Risks are measures being undertaking to achieve a goal but with a potential of loosing valuables along the lines.
Risks are indeed Worth taking but must be on the concepts that it'd profit is such as the business entrepreneurs, scientists, technologists, arts and lot of them which would either profer and individual income or be of soluable to the society.
Without risk taking we're probably not going to meet with the goal of our dreams neither might we be able to reach a greater height.

[mindrust]

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

Zero risk = Zero profit

If you are somehow making money (big or small), it means you are taking risks. Your day job has its own risks as well. You are getting monthly pay checks but you can get fired and lose you job too.

Imagine the people who started to learn computer programming 5 years ago only to find out that most of what they learned would become obsolete because of AI. They took a risk, they learned programming but since AI is taking over, now they are not needed that much anymore. (I know it doesn't apply to the people who are experts in very specific fields of programming, like engineering stuff)

A basic retail merchant will make money almost all the time if his shop is located in a busy area, but a place like that would be an expensive purchase. Or... He can buy some cheap store which is in the middle of nowhere but then a few years later that deserted place may become a busy area.

What would you do? Would you take that risk and buy that store in the suburbs? Or would you prefer that expensive store that's on a busy street?

If you buy that cheap store and know something which other people don't, you will make a killing. Otherwise, you'll have to be incredibly lucky. You'll have to deal with poor people and you may not like it. High risk.
If you buy the expensive store, there won't be much room for expansion because the street is already as crowded as it can get. You will make money indeed but your landlord will be your partner. You'll exactly get what you paid for. Low risk.

[TravelMug]

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

Yeah, but you should also learn to give up and then reinvent yourself if you are a entrepreneur. Others goes on a leap of faith, quit their job and focus on their business and it was a big risk and I know several people did that and be successful in their lives. And that is one great thing though about risk, the unknown and you really don't know what will be the outcome. If you feel that it didn't work the first time though, so back up and see what went wrong. And if you really have that goal in mind, then take two for you and hopefully you will be successful on your second attempt.

[TheUltraElite]

It is all about risk appetite, a term that denotes how much risk you can sustain without getting bankrupt, in layman terms.

If you are having a low risk appetite then crossing that you are putting yourself in harm. Like for example, a person who earns 100$ in a month should not gamble with 80$ on a casino or buy a shitcoin worth of 80$.

A step not taken is always a loss, but there needs to be subtlety regarding these statements.

[CODE200]

Risk taking in life offers many benefits. It encourages you to push yourself out of your comfort zones & into new experiences. Risk taking fosters resilience, as overcoming challenges builds strength & character. It also pushes creativity & innovation as it requires thinking outside the box. Calculated risks can lead to greater success & achievement opening doors to new possibilities & rewards.

Wise words, children that don't experience taking a risk ends up not living a prosperous life, they all are too hung up to stay in their comfort zone that anything new is going to be a problem for them, it's never going to be the meek ones that don't try anything new and that's good for them that would inherit this world from the old generation, it's going to be the risk takers and the explorers, they're the ones that will be discovering new things and they'd be the ones that would be doing lots of crazy things that will turn the world upside down, for better or for worse. The good thing about risk taking is that, the older you get, the more you're likely to not mind taking a risk but if you want your kid to be one that's likely to be successful, you'd probably start teaching them the art of calculated risk taking.

[Yaunfitda]

I wouldn't call it benefits of risk taking though. I mean if you take that big risk, you really understand that it might bring you a big reward down the future. And we here successful individuals mentioned it in their motivational speech every graduation. So it's just the question of taking all in and risk everything on the line for you. And I do agree that there could also be and end goal here, at least something that is worth to take that risk. There is the obvious uncertainty, but still though you dive into the darkness and only the desire in your heart. So in order to be successful, you need to confront your fears, here is a good list of risk takers.

[Findingnemo]

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

I am the one who took risk and failed which costed me a fortune so what will be my State of mind take risk or just let it be and live the life with what you have got instead of ruining everything.

Risk taking is part of life but you don't have to do that mandatory and risk taking depends on individuals and their tolerance level which varies based on their financial status and how much commitments they got to do.

[kryptqnick]

Taking risks is definitely a part of life. A lot of decisions involve some risks, so not taking any risks means limiting oneself very often. That being said, there's a difference between being ready to take some risks and being reckless, ignoring the dangers. When taking risks, it's important to realize what you're doing, what might happen, how likely it is to happen, and what can you do if something unfortunate happens. This way, you can invest, you can try to build a business if you feel like you can take the risks, and you know what to do if things don't work out.

[Yatsan]

Something which is not required but rewarding if you would embrace it. It is like having a wuarter and a chance to make it double or even more, but also a tendency that you'd lose it. Risk is best explained by gambling it is also present with investments. The difference on the other hand is of course discussed on other topics. Now, going back with having a quarter and taking the risk, you may just keep it at least you'd have the 'assurance' that you'll have it to be able to buy certain things on its amount. In this instance you are also choosing to throw away the opportunity of making it with multiplier or simply to make the amount bigger. Assurance versus hope; it now depends on the individual which one should be leading for a better outcome. Eitherway would be fine as long as the one to do that will be all prepared 'coz there's still no easy money.

[Cryptomultiplier]

The kinds of risk per individual endeavor exists and it is the duty of the individual to know how much tolerance for risk they can endure.
Great fortunes has been met upon a risky venture.
How do you categorize the tales of treasure island, if not risk and reward?
Well, that may just be a tale, but in all reality, great success or reward is often a repercussion of the risk that were taken.

Making financial decisions and investment is another level of risk that many living humans must undergo in order to live a better life. It is a necessity. There's no risk without reward. Besides, without taking risks and having a tale to tell, what other fun could make life a living?

[Queentoshi]

Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune

Because many people believe that they are taking the risk, they have made many wrong decisions that they now regret. Risk taking should also involve a level of calculation, some risks are not worth taking, the dangers far outweigh the benefits.

Let me tell you that for some people contemplating entrepreneurship, it is better they stick with their 9-5 than take the entrepreneurial risk.

The entrepreneurial environment is an environment that is filled with many risks, so if you know that you will be unable to handle this risk because they are sometimes very large and difficult for one person to manage it is better you work under the risk management of someone who is skilled enough to handle the risk and make some money for yourself. Entrepreneurship is not for every person.

[tottong]

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

It will be directly proportional when someone takes risks but they don't master what they are doing. Basically, taking risks is important to change someone's life, but you have to understand what you are doing.
If not, then it is the same as betting because when we take risks we do not control what we are doing. Every time we take a risk, it has been carefully considered and why we dare to do it is because we have confidence in success. Taking risks is good for self-development as long as the risks we take are considered properly.

Likewise if someone takes the risk of being involved in investment, then before they decide, they must have studied investment properly. So that every risk that will occur can be minimized and will not make the wrong decision.