Monday, August 21, 2017

Risk

risk-benefit, life, choice, happiness, success
I am not a risk manager. I admit. But I will give an amateur, yet useful, account about the thing called risk. Indeed, it has embarrassed many folks who claim experts in such matters… Hahaha!
Everyone wants to win…The future is molten. Reasonably, the potential benefits must outweigh the possible risks before a choice is locked in (calculated risk). Besides, you have a lot of wisdom to draw up from past events, and the present can offer you opportunity to improvise. But don’t forget that the past-present doesn’t always scale up to the future. The existence of risk underlines the fact that you cannot domesticate the future..., and I hope you know that virtually all learning emanate from experiment?
Perceived risks may be a figment of imagination. The threat can range from waste/loss of time and energy (of course money) to rejection, breakup, failure, morbidity, even death. REVIEWING THE POSSIBLE SCENARIOS, IS IT WORTH THE PLUNGE?

LET’S LOOK AT THE FLIP SIDE:
Does it confer happiness and serenity? Is it such that intention blends with action and outcome? Is there cognitive resonance... does it exude the ambience that upholds your values? Is it in your best interests? Does it strengthen your character? Are the rewards long-lasting? Will your health be the better for it? Would it bring a positive return on energy, time, and money? Will it keep you alive? PONDER AND FILL IN THE BLANKS…

Risk is pervasive because there is a quantum of uncertainty in everything. Same applies to benefit. The tug of war between risk and benefit spans across relationships, business, health, and life in general.

Learn from the wisdom etched in the quotes below:
  1. 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. Mark Zuckerberg
  2. There are risks and costs to action. But they are far less than the long range risks of comfortable inaction. John F. Kennedy
  3. He who is not courageous enough to take risks will accomplish nothing in life. Muhammad Ali
  4. You have to take risks. We will only understand the miracle of life fully when we allow the unexpected to happen. Paulo Coelho
  5. When you don't have anything to lose, you discover something wonderful: you're free to take great risks without fear or reservation. Tullian Tchividjian
  6. If you take risks and face your fate with dignity, there is nothing you can do that makes you small; if you don't take risks, there is nothing you can do that makes you grand, nothing. Nassim Nicholas Taleb
  7. Take chances when you're young so that you can have stories to tell when you're old. Anonymous.
  8.  “If you risk nothing, then you risk everything.” — Geena Davis
  9.  “You’ll always miss 100% of the shots you don’t take.” — Wayne Gretzky
  10. “It is only in adventure that some people succeed in knowing themselves.” — Andre Gide
  11.  “Do not be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better.” — Ralph Waldo Emerson
  12.  “One does not discover new lands without consenting to lose sight of the shore for a very long time.” — Andre Gide
  13. “Danger can never be overcome without taking risks.” — Latin Proverb
  14. “So we shall let the reader answer this question for himself: who is the happier man, he who has braved the storm of life and lived or he who has stayed securely on shore and merely existed?” Hunter S. Thompson
  15.  “There is no intensity of love or feeling that does not involve the risk of crippling hurt. It is a duty to take this risk, to love and feel without defense or reserve.”  William S. Burroughs. To love is to risk.
  16. “Failure is a bend in the road, not the end of the road. Learn from failure and keep moving forward.”    Roy   T. Bennett
  17. “In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”  Robert T. Kiyosaki
  18. “Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much, because they live in the gray twilight that knows neither victory nor defeat.”  Theodore Roosevelt
  19. “A bend in the road is not the end of the road…Unless you fail to make the turn.” Helen Keller
  20. It is better to risk starving to death than surrender. If you give up on your dreams, what’s left? – Jim Carrey
  21. The risk of a wrong decision is preferable to the terror of indecision. – Maimonides
  22. Accept that all of us can be hurt, that all of us can and surely will at times fail. Other vulnerabilities, like being embarrassed or risking love, can be terrifying, too. I think we should follow a simple rule: if we can take the worst, take the risk. – Joyce Brothers
  23. You have to leave the city of your comfort and go into the wilderness of your intuition. You can’t get there by bus, only by hard work and risk and by not quite knowing what you’re doing. What you’ll discover will be wonderful. What you’ll discover will be yourself. – Alan Alda
  24. Risk! Risk anything! Care no more for the opinions of others, for those voices. Do the hardest thing on earth for you. Act for yourself. Face the truth. – Katherine Mansfield
  25. You’ve got to keep fighting; you’ve got to risk your life ... to stay alive. – Elia Kazan
  26. When you play it too safe, you’re taking the biggest risk of your life. Time is the only wealth we’re given. – Barbara Sher
  27. I’m of the mind that life is a risk. Every time you leave your house it’s a risk, and I see no reason to go through life with my hands tied behind my back for any reason. I’d be foolish to let something stop me from doing what I love to do. – Thomas Jane
  28. It seems to me that people have vast potential. Most people can do extraordinary things if they have the confidence or take the risks. Yet most people don’t. They sit in front of the telly and treat life as if it goes on forever. – Philip Adams
  29. Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure or nothing. – Helen Keller
  30. The dangers of life are infinite, and among them is safety. – Goethe
  31. Many great ideas have been lost because the people who had them could not stand being laughed at. – Unknown
  32. This nation was built by men who took risks—pioneers who were not afraid of the wilderness, businessmen who were not afraid of failure, scientists who were not afraid of the truth, thinkers who were not afraid of progress, dreamers who were not afraid of action. – Brooks Atkinson
  33. The knowledge of the world is only to be acquired in the world, and not in a closet. – Philip Dormer Stanhope Chesterfield
  34. Two roads diverged in a wood, and I… I took the one less traveled by, and that has made all the difference. – Robert Frost
  35. The fishermen know that the sea is dangerous and the storm terrible, but they have never found these dangers sufficient reason for remaining ashore. – Vincent van Gogh
  36. Whatever you do, you need courage. Whatever course you decide upon, there is always someone to tell you that you are wrong. There are always difficulties arising that tempt you to believe your critics are right. To map out a course of action and follow it to an end requires some of the same courage that a soldier needs. Peace has its victories, but it takes brave men and women to win them. – Ralph Waldo Emerson
  37. Risk more than others think is safe. Care more than others think is wise. Dream more than others think is practical. Expect more than others think is possible. – Cadet Maxim
  38. How does one become a butterfly?’ she asked pensively. You must want to fly so much that you are willing to give up being a caterpillar. – Trina Paulus
  39. It is not the critic who counts. Not the man who points out how the strong man stumbled or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs and comes short again and again; who knows the great enthusiasms, the great devotions; who spends himself in a worthy cause. Who—at the best—knows in the end the triumph of high achievement, and who—at the worst—at least fails while daring greatly so that his place shall never be with those timid souls who know neither victory nor defeat. – Theodore Roosevelt
  40. Somebody must take a chance. There are monkeys who became men, and the monkeys who didn’t are still jumping around in trees making faces at the monkeys who did. –  Lincoln Steffens
  41. You can avoid most of the sorrows of life, the only requirement being that you avoid all the happiness. ~Robert Brault,
  42. To dare is to lose one’s footing momentarily. To not dare is to lose oneself. ~Søren Kierkegaard
  43. The fear of being laughed at makes cowards of us all. ~Mignon McLaughlin
  44. Do not spend your life seeking security and then wonder why you never found happiness. ~Robert Brault
  45. To eat an egg, you must break the shell. ~Jamaican Proverb
  46. To win you have to risk loss. ~Jean-Claude Killy
  47. Of all the people I have ever known, those who have pursued their dreams and failed have lived a much more fulfilling life than those who have put their dreams on a shelf for fear of failure. ~Author Unknown
  48. Only those who dare to fail greatly can ever achieve greatly. ~Robert F. Kennedy
  49. Without adventure civilization is in full decay. ~Alfred North Whitehead
  50. We fail more often by timidity than by over-daring. ~David Grayson
  51. Living at risk is jumping off the cliff and building your wings on the way down. ~Ray Bradbury
  52. To laugh is to risk appearing the fool. To weep is to risk appearing sentimental. To reach for another is to risk involvement. To expose your ideas, your dreams, before a crowd is to risk their loss… To love is to risk not being loved in return. To live is to risk dying. To believe is to risk failure. But risks must be taken, because the greatest hazard in life is to risk nothing. The people, who risk nothing, do nothing, have nothing, and are nothing. They may avoid suffering and sorrow, but they cannot learn, feel, change, grow, love, live. Chained by their attitudes, they are slaves; they have forfeited their freedom. Only a person who risks is free. Leo Buscaglia
  53. One has to abandon altogether the search for security, and reach out to the risk of living with both arms.  One has to embrace the world like a lover. One has to accept pain as a condition of existence.  One has to court doubt and darkness as the cost of knowing.  One needs a will stubborn in conflict, but apt always to total acceptance of every consequence of living and dying. Morris L. West
  54. I am willing to put myself through anything; temporary pain or discomfort means nothing to me as long as I can see that the experience will take me to a new level. I am interested in the unknown, and the only path to the unknown is through breaking barriers, an often painful process. Diana Nyad
  55. ...But all growth involves risk. Leo Buscaglia
  56. If you want to achieve great things in life, you have to take risks. The first risk is daring to feel deeply, to be passionate about what you want and care about.  Enthusiasm is the key to breaking through barriers, whether your dream is to touch one person or millions. Ken Kragen
  57. And the trouble is, if you don't risk anything, you risk even more. Erica Jong
  58. Most people live and die with their music still unplayed.  They never dare to try. Mary Kay Ash
  59. But change and growth take place only when you're willing to risk and experiment with your own life.  You're never sure of anything. Everything's a risk. I remember many years ago I sold everything that I had--much against everybody's advice.  I wanted to go around the world.  I wanted to hear a crystal-clear temple bell in Nepal. I wanted to sit in a rice paddy in Thailand and talk to people, or at least hug them.  And I did.  I sold my insurance policy, my house, my car, everything I owned.  And I went.  People said, "Oh, my goodness.  You gave up your secure job.  You're never going to find another job.  You're going to starve when you come home."  I came home with about ten cents.  I didn't starve, I learned.  So much more important were the things that I learned. Anonymous
  60. All serious daring starts from within. Eudora Welty
  61. Only those who dare, truly live. Ruth P. Freedman
  62. I think that pain gives us appreciation of joy - it's a package deal. And I definitely think that the joys of life far outweigh the pain. Anonymous
Is the benefit worth the risk or does it offset it. I leave the answer to you...
Thank you for reading my post.