A Quote by Jason Fried

I'm generally risk averse, and most great entrepreneurs I know are as well. — © Jason Fried
I'm generally risk averse, and most great entrepreneurs I know are as well.
I don't think the government should touch art. Governments are risk averse. They encourage risk-averse personalities to be artists.
Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches.
If you think in terms of major losses, because losses loom much larger than gains - that's a very well-established finding - you tend to be very risk-averse. When you think in terms of wealth, you tend to be much less risk-averse.
I've never been averse to a little risk - after all, writing without risk is not really writing at all. Sometimes one has to just let fly with a high concept piece and see where the pieces fall. As it generally turns out, the central story is familiar, but just with different rules of engagement.
I think in general, people who aren't themselves entrepreneurs are often more risk averse. And I think you see this dynamic a lot with entrepreneurial people who lead a company, which is that they hire people who complement them.
I know what my strengths and weaknesses are on the pitch. My duty is to be risk averse.
Publishers are very risk-averse, so they lean towards licenses and sequels. But the fact is that even those are not guaranteed hits. So, if 'playing it safe' does not guarantee hits, they might as well leave it up to the really creative, risk-taking people, because they couldn't do any worse.
Americans are generally very self-sufficient and I think generally averse to pretension, just as I am.
We are raising today's children in sterile, risk-averse and highly structured environments. In so doing, we are failing to cultivate artists, pioneers and entrepreneurs, and instead cultivating a generation of children who can follow the rules in organized sports games, sit for hours in front of screens and mark bubbles on standardized tests.
The major challenge facing most foundations is that they are risk averse. This inhibits their ability to experiment and commit to the experimentation and innovation process.
If you look at the careers of great entrepreneurs and you look at the moment they took their plunge, the plunge is rarely a great financial or material risk, it’s a social risk. At the moment they started their new businesses, everyone around them said ‘you’re an idiot’.
Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.
You need to put the fear of risk aside. Startups need leaders who are willing to persevere through the hard times. Failure is an option, and a real risk. Failure and risk are something entrepreneurs should understand well, and learn to manage. Don’t have a fear of talking about your failures. Don’t hide your mistakes.
Increase your company's average talent with each hire - founders tend to be pretty smart but willing to take on risk. Employees should be a lot smarter and less risk averse.
Random distributions are not good things, because people are risk-averse, and this risk adversely affects their welfare. If you get too much price uncertainty, all kinds of long-term, mutually beneficial contracts can't be entered into.
There is a short window at the beginning of one's professional life, when it is comparatively easy to take big risks. Make the most of that time, before circumstances make you risk averse.
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