A Quote by Tony Robbins
Most everybody thinks that if I want to get big rewards I need to take huge risks. But if you keep thinking that, you're gonna be broke.
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Fear is a part of everything you do ... You have to take great risks to get big rewards.
Fame obviously has become a premium in everybody's life. Everybody thinks they deserve it, everybody thinks they want it and most people really don't enjoy it once they get it.
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.
I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.
I can't tell you, I couldn't put a number on it, but it's big, the number of white voters in America that voted for Obama thinking it was the end of racial strife. Thinking by electing a black, that America would be stating, "We're not racist anymore." And I warned everybody, "It's not gonna happen, it's gonna get worse. It's going to get worse." And it was, it did become worst.
People are pretty simple: they do what they are rewarded for doing. If they get multimillion-dollar bonuses by taking huge risks with other people's money - as they still do - then they will continue to take those huge risks, and not give it another thought.
I want to be thankful for all of the things that I've been blessed with, and I've had a great run. I have a huge fan base, and I'm still able to work a lot. I don't know if I'll ever have another big impact record on commercial radio again, but you know, everybody's gonna have to face the reality that their day's gonna come to an end, too.
I just want to work with talented people who are enjoyable to be with, and take big huge risks from high comedy to deep, dark, brooding drama, to thriller. I just want to go back and forth.
Sometimes we need to take big risks if we want to find out who we are, and what we were put on this planet for.
I keep thinking they’re gonna call me. I keep thinking they’re gonna crunch the numbers and think, oh, we can make money with this! And they don’t.
When you're a 20-something-year-old athlete and you're getting a six-figure check every week, you're not thinking about next week. You're not thinking, 'I'm going to be broke,' or 'I'm going to need another job.' But I'll tell you, there are a lot of broke athletes out there - I know plenty - and I didn't want to end up as one.
For small businesses trying to figure out how to get big, I would say you are going to have to take some risks. And I think that is what shuts off most people. They are not willing take the risk.
I want to get better and take more risks. I need to sing with other people. I need to access parts of me that aren't being accessed in the Cocteau Twins.
Doubts are suppressed by groups... But remember that the internal incentives that shape how the group perceives risks and rewards may be very different from the reality of the risks and rewards in the external marketplace. Those incentives can distort risk perception.
Every day, you'll have opportunities to take chances and to work outside your safety net. Sure, it's a lot easier to stay in your comfort zone.. in my case, business suits and real estate.. but sometimes you have to take risks. When the risks pay off, that's when you reap the biggest rewards.
America thinks if you're fat, you're stupid. That's great. I want them to keep thinking that. Let them keep on thinking that because the truth is, the expectations are blown away even more when you realize what I'm saying and doing.
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