Monday, July 15, 2013

Why you should Risk it.

There comes a point of time in everybody’s life where they have an option to either play it safe or take a chance by undertaking a huge risk.  This is what makes or breaks a person.  Take the story of Robin Chase, who slipped from Tanzania to Kenya (averted a risk of life imprisonment by not getting caught), also launching Zipcar with just $78 in her bank account. Both these risks did prove to be life changing for her.  Similarly for Sir Richard Charles Nicholas Branson, who started with his first business venture called “Student “at age 16. He sold his Virgin Label EMI for keeping his airline company afloat for £ 500 million, risk because had it failed he would have to face a double backlash. 

It’s worth taking risk especially when you are in your early twenties or thirties because even if you fail you can bounce back easily. It is also important to take risks because only then will you realise your true power. You may never know what qualities you possess until you unleash them.  You will never how far you can go until you are ready to risk. However there is a very thin line between stupidity and risk, you need to understand what will be the probable outcome of you taking risk. There is no need to take risk unless the return is absolutely worth it.

By taking risk you tend to work more cautiously, you focus on removing all the defects, maximizing your gains. Sometimes in life it is worth to examine yourself by taking small and big risks every now and then. New businesses should be able to take risk if they want to create an identity among their customer apart from their competitor’s, this can mean being unconventional at times. When Hugh Hefner left his job since he was denied a $5 raise by Esquire, he mortgaged even his furniture to raise capital for Playboy. He was criticised by many for his short story “The Crooked Man”, it was about straight men in a homosexual society. He responded “it was wrong to persecute heterosexuals in a homosexual society then the reverse was wrong, too”. 

For some risk taking is a way of life (read daily bread & butter) like Felix Baumgartner, the Australian Base Jumper who set a world record for skydiving from estimated 39 Km and reaching a speed of 1357 km/h. It was a risk to his life had there had been even a miniscule mistake. This shows that we pay more attention to details and small tasks for a bigger success. 

In life if you want to achieve your goal remember to go that extra mile, take some risk  do it with passion and who knows success might be yours.

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