A Quote by Adena Friedman
You can't be successful in business without taking risks. It's really that simple.
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You can't run a business without taking risks.
When it comes to storytelling, not taking risks is riskier than swinging for the fences. I have very simple ambitions when it comes to taking risks in storytelling and programming. I try very hard to avoid the expected.
To allow your organization the permission to fail is a very powerful thing. If we want to really be thought leaders and industry leaders, it doesn't come without taking risks. We're not afraid to take those risks that will get us to a better place.
You can't run a business without taking risks. The brave may not live forever - but the cautious do not live at all!
Is it possible to have an endless series of successes without falling on our faces? I suppose it is, but I think it would entail doing the same things over and over again without taking chances, without taking risks or exploring our limits, without finding out what we can and can't do.
Sociopaths are not inhibited by the notion that it's wrong to be addicted, or wrong to buy illegal drugs. Also, drinking or taking drugs can be a lot of fun, and even if it's not, it can dull that painful boredom for a while. So can certain other things, like taking risks, and particularly if you take a risk-averse person and you can manipulate him or her into taking risks, that's really fun.
Luxembourg has a track record of being successful when it takes risks. You need to take on risks to be successful.
Philanthropy should be taking much bigger risks that business. If these are easy problems, business and government can come in and solve them.
One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.
If someone is always to blame, if every time something goes wrong someone has to be punished, people quickly stop taking risks. Without risks, there can't be breakthroughs.
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.
I always tell people that this is a really simple deal: Work hard. If you work hard, follow what's required and set your priorities right, then you can really perform without taking shortcuts. If you're taking shortcuts, you can't be free.
There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.
Being an entrepreneur isn't really about starting a business. It's a way of looking at the world: seeing opportunity where others see obstacles, taking risks when others take refuge.
There is no greatness without taking risks.
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