The thing I preach constantly is do your research; build your knowledge base. Don't just go into business on a whim or a prayer - and don't think 'I'm an entrepreneur so I have to take risks'. Entrepreneurs don't take risks. They take calculated risks; only the good ones.
Nothing's about taking risks as much as doing stuff that other people haven't done before. Just like in racing, it's not about taking risks but trying to figure out how to be faster.
In the media business and as a creative executive, if you don't take risks, you're dead in the water. Calculated risk-taking is essential for success.
We are exploring creative models to pursue innovation outside the confines of our normal process, taking calculated risks and learning from them.
In the media business and as a creative executive, if you don't take risks, you're dead in the water. Calculated risk taking is essential for success. No one said it was easy.
Fashion's about taking chances, it's about taking risks, and just doing it the way you feel comfortable doing it. If you do that, people will respect it more.
I'm mischievous. The idea of taking risks and having real-world consequences energizes me.
I think many people go to business school and learn ways to play it safe, ensuring that they avoid some of the pain that entrepreneurs endure while taking less calculated risks.
I don't think about taking risks anymore because there aren't any risks to take.
Success will come. Or it won't. But I think you can only make a go at it in a big way by fully being yourself and taking risks. People can feel risks.
I talk a lot about taking risks, and then I follow that up very quickly by saying, 'Take prudent risks.'
You never know who you will meet along life's journey. You have to be open to risks, but calculated risks, open to winning.
From my perspective, as an entrepreneur, one is wired to take risks. You, of course, need to be smart and take calculated risks, and then do all you can to make it worth the risk.
When gene therapy was believed to harbor latent risks, research was largely put on hold until the risks were better understood. Sometimes, the theoretical risks have led to a principle of absolutist precaution that impedes progress.
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.
The basic question that the 'new science' raises for our balance sheet is the issue of what scientific questions have not been asked for 500 years, which scientific risks have not been pursued. It raises the question of who has decided what scientific risks were worth taking, and what have been the consequences in terms of the power structures of the world.