A Quote by Peter Drucker
People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.
Related Quotes
Take risks. Ask big questions. Don't be afraid to make mistakes; if you don't make mistakes, you're not reaching far enough.
If I had to give you one piece of advice, it would be this: don’t be intimidated by other people’s opinions. Only mediocrity is sure of itself, so take risks and do what you really want to do. Seek out people who aren’t afraid of making mistakes and who, therefore, do make mistakes. Because of that, their work often isn’t recognized, but they are precisely the kind of people who change the world and, after many mistakes, do something that will transform their own community completely.
I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?
I don't want to give any advice to a 19-year-old, because I want a 19-year-old to make mistakes and learn from them. Make mistakes, make mistakes, make mistakes. Just make sure they're your mistakes.
The Proverbs 31 woman is a star not because of what she does but how she does it—with valor. So do your thing. If it’s refurbishing old furniture—do it with valor. If it’s keeping up with your two-year-old—do it with valor. If it’s fighting against human trafficking . . . leading a company . . . or getting other people to do your work for you—do it with valor. Take risks. Work hard. Make mistakes. Get up the next morning. And surround yourself with people who will cheer you on.
I think you've got to take the risks. There's no point playing it safe, because either you'll get bored or the audiences will get bored. Sometimes, you're going to make mistakes, and that's fine, but you have to take the risks. I think Pirates is one of the prime examples of that with Johnny Depp's performance, and part of the reason that people love it so much is that you watch it and go, "Gutsy, really gutsy!"
I'm an indulgent writer - I'm not sure, however, that's something I'm interested in changing. Writing should be indulgent: you should take big risks on the page, you should make big mistakes, you should be excessive at times. I let myself do as a writer what I probably would be less likely to allow as an editor.
I constantly make fashion mistakes but I think it's good to take risks.
'Eagle vs Shark' is a little film I could take risks with and make mistakes on.
Generally I don't care about what people say. I have to be clear with myself. When everything goes well, people celebrate you, when you make mistakes people criticize you.
When I look around, I see a world of unrealized opportunities for improvements, an abundance of talented people able to take the risks necessary to make improvements, but a shortage of people and investors willing to take those risks.
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.
If children feel safe, they can take risks, ask questions, make mistakes, learn to trust, share their feelings, and grow.
In terms of getting people to experiment more and take more risk, there are at least three things that immediately come to my mind. Number one, of course, is role-modeling it yourself. Number two is when people take intelligent, smart risks and yet it doesn't work out, not shooting them. And number three, being honest with yourself. If the culture you have is radically different from an experiment and take-risk culture, then you have a big change you going to have to make—and no little gimmicks are going to do it for you.
If two people fight on the street, whose fault is it? Who is the criminal? It is the government?s responsibility because the government has not educated the people to not make mistakes. The people have inadequate, incompetent education, so they make mistakes them! It is such a fraud.
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.
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