Post
Topic
Board Economics
Re: which choice is more painful....
by
junder
on 12/01/2025, 07:53:37 UTC
humans make mistakes and it is almost impossible to completely eliminate them from life but for you what would be more painful

1. you take a risk but it ends in a loss or;
2. you play safe but after time you see that you could have made profit if you took that leap


the first one could be more painful because you lose some money after believing that you could have find success in engaging in a specific project but the second one could also be more painful because you will be plagued with what if's but at least you would not have lost some money you just simply did not gain anything

what decision would be harder to live with?
huh I find it quite difficult to determine which is more painful when I am in a condition between these two choices. In my opinion, in any case, especially in running a business, we occasionally need to take risks, but that must be done with full consideration, not just by taking action without any consideration. In business, we do occasionally need to take risks because that is something that I think is like a spice in business where there is a risk taken, then there will be results obtained even though the results are disappointing but at least we have dared to try and I also think there are lessons that can be learned.

I myself am a person who does not dare to take risks, but I also look first at what I have to take risks for example in business I will take risks occasionally like what I have done with my coffee shop business, I took a loan to buy the coffee machine. And for things that I think do not need to be taken risks, then I will not do it, that's why it is important to consider everything carefully.