A Quote by Steven Tyler
... if you take a risk, two things will happen. People will laugh at you. Or you'll be way ahead of everybody else. And if that's what you're in it for, then you gotta take that risk.
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I think people in general don't take enough risks. Some people feel that before they can take on that next challenge they need to be 100 percent ready. It's just not true. Even people in their jobs aren't perfect at their jobs. So my biggest advice to people is to step out there. Take the risk and deal with it. What is the worst that could happen? It's about thriving on risk instead of shrinking from risk.
Throughout my trading career, I have continually witnessed examples of other people that I have known being ruined by a failure to respect risk. If you don’t take a hard look at risk, it will take you.
A world without God cannot wait for us to choose the safe path. If we wait for someone else to take the risk, we risk that no one will ever act and that nothing will ever be accomplished.
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.
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.
To laugh is to risk appearing a fool. To weep is to risk appearing sentimental. To reach out to another is to risk involvement. To expose feelings is to risk exposing your true self. To place your ideas and dreams before a crowd is to risk their loss. To love is to risk not being loved in return. To hope is to risk pain. To try is to risk failure. But risks must be taken, because the greatest hazard in life is to risk nothing.
Often you need to take some risk, but it must be a realistic risk, you can't take a crazy risk.
I've come to the conclusion that the best way for me to grow is in a very self-forgiving way: to take a risk and, in response to how a record pans out, take a risk in the opposite charge.
If for you the most important thing is to make a lot of money, then you don't want to take a certain type of risk. If, on another hand, the most important thing to you is to make people around you have a more fulfilled life, then there is a different set of things that are important to you. Unless you really know that about yourself, you will never be able to appropriately assess risk.
"Risk means more things can happen than will happen." It is not standard deviation. It is not variability. It is this sense that the future events are highly variable and unknowable that gives us the best sense for risk.
You take the risk of being rejected. If you have pretentions to be an artist of any kind, you have to take the risk of people rejecting you and thinking you're an arsehole.
The best stuff happens when you take a chance. When you risk something and do the thing that the other people are taking a chance on, on a network kind of level, they will be rewarded. You know, risk-reward.
Louise, I would gladly fire the past for you, go and not look back. I have been reckless before, never counting the cost, oblivious to the cost. Now, I've done the sums ahead. I know what it will mean to redeem myself from the accumulations of a lifetime. I know and I don't care. You set before me a space uncluttered by association. It might be a void or it might be a release. Certainly I want to take the risk. I want to take the risk because the life I have stored up is going mouldy.
Sometimes you have to take the risk that somebody will consider what you're making is noise, but if you don't try it, then nothing will move forward. I'd rather people hate something than just go 'meh.'
Most people have an aversion to risk, my college economics professor told me. Which means they have to be rewarded to take on that risk. The higher the risk, the higher the possible payout has to be for people to jump.
We call them leaders because they go first, because they take the risk before anybody else does, because they will choose to sacrifice so their people will be safe and protected.
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