All about risk
Success to a person comes only after climbing a ladder called risk. All American entrepreneurs of 19th century have climbed this ladder for getting their things done.
What is risk?
Most of the people have misunderstood the concept of risk, one of my friend said that he had taken a big risk on gambling and he lost his money. It clearly shows his failure while shooting a target in dark. Risking life means to make a decision with confidence, detailed knowledge of the work, willingness to work with will power and persistence.
The concept of prediction shouldn’t be associated with risk. Everything should be analyzed completely before making a risky decision. Without any analysis and hard work, just prediction won’t work for any industry.
Tips for risk management
- It depends on the individual and his goal. If it is completely based on your performance, then choice is yours. You can even take 100% risk if you are confident. Suppose it depends on external factors, it should be deeply analyzed before taking any decisions.
- Analyze your attitude of interest before committing to a risky decision. I can suggest a best advice, never depend mostly on others while taking risk, it is more risky.
- I have seen confident people taking a risky decision they had analyzed about their attitude and business, but they won’t analyze about their health. It is a supporting factor for our dream. Risk definitely increases pressure and tension, so considering this supportive factor will assure our travel through a confident path. Don’t ever plan to take risk with a bad health it will even screw up your current position.
- Some people don’t take decision in right time or don’t even consider taking decision to face risk. They will compromise their mind with a factor called fear. Indecision is the worst thing which deviate our dreams from our life.
No one in this world lives a life without facing bad situations, everyone today or tomorrow needs to take risk to move ahead or to survive. Risk can be taken to grab opportunities in order to move forward, but should not risk our lives based on luck or prediction.