A Quote by Gautam Adani
Business is all about risk taking and managing uncertainties and turbulence.
Related Quotes
Managing risk is a key variable, frankly, all aspects of life, business is just one of them, and one of the things that most people do in terms of managing risk, that's actually bad thinking, is they think they can manage risk to zero. Everything has some risk to it. You know, you drive your car down the street, a drunk driver may hit you. So what you're doing is you're actually trying to get to an acceptable level of risk.
We're in the business not so much of being contrarians deliberately, but rather we like to take perceived risk instead of actual risk. And what I mean by that is that you get paid for taking a risk that people think is risky, you particularly don't get paid for taking actual risk.
Managing risk is very different from managing strategy. Risk management focuses on the negative-threats and failures rather than opportunities and successes.
From my standpoint, we ought to be talking about... how do you make Wisconsin a more attractive place for risk-taking, business investment, business expansion.
Risk taking in business is one thing. Risk taking in your personal safety is a different thing.
It's a completely different thing, but there's so many things I learned from being an athlete that helped me in business. The only risk is not taking the risk. You've got to take that step.
True, trust necessarily carries with it uncertainties, but we must force ourselves to think about these uncertainties as possibilities and opportunities, not as liabilities.
Successful investing is about managing risk, not avoiding it.
Disruption is about risk-taking.
But then you become a Fortune
500 company, which is about risk
mitigation
Risk is good. Not properly managing your risk is a dangerous leap.
I focus on the most important form of innumeracy in everyday life, statistical innumeracy--that is, the inability to reason about uncertainties and risk.
The biggest risk is not taking any risk... In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
The biggest risk is not taking any risk... In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
I've always been very competitive, and a part of that is pushing your boundaries - taking a risk and being able to live with the loss that comes with taking a risk.
A life lesson for me is, how do you muster the courage to take on a new risk? Whether it's starting up a business or taking on a new project or expedition. I think the risks that we take are all relative to the risk-taker.
The companies that choose to list on Nasdaq are among the most innovative, risk-taking businesses in the world, and they are proof to us all that prudent risk-taking drives our economy forward.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman