Post
Topic
Board Economics
Re: The benefits of risk taking
by
Hamphser
on 08/04/2024, 21:47:50 UTC
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.