Post
Topic
Board Economics
Re: The benefits of risk taking
by
Adams0001
on 12/04/2024, 11:36:16 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
If you don't take risks, you will never do anything good. one cannot live a happy life by working because the job gives a certain amount of salary but it requires a lot of hard work. which cannot offer you a very good life  So if you want to be rich and enjoy a comfortable life then you need to invest and earn a lot of money. and if you invest, there will be risk. and those who can take risks are successful in life and can live a luxurious life.

Most people don't take risk and they are successful, because not everything is risk, but when you are trying to do business or investment, you definitely need to take the risk to succeed because without the risk, you can't benefit from it and anything that they said people lose on it very well, you will notice that is the best place to get huge money, like people who are engaged in trading, you will see many people are losing funds from it and you will notice that when ever you cashout on trading he won't be small money because when you are lucky person,  when you just put huge fund and you win he won't be small profit you will get but he just needs patience. Anyone that likes taking risk you will notice that he have patience because without it you can't never take risks you will be scared to lose money on it.