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Dealing With Risk

I saw something in the social media a while ago, that said “Give chances: don’t take them.”

I propose a different slant on the topic: “Give chances and take them.”

Since I am rather risk averse, the notion of not taking chances has a comforting ring to it. On the flip side, none of us can make progress in life without taking some kind of chances. Finding the right balance between taking calculated and strategic risks versus foolhardy ones is worthy of some analysis.

The trick is to determine the difference between smart risks and dumb ones. We need a system that helps us sort them out.

Focus on a personal risk that you have taken in the past year. Think about the process you used to sort through the risk/reward ratio and how you ultimately decided to make the plunge or not. In retrospect, would you do it again?

Do…

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