Winsight Episode 16: No Risk, No Reward

mousetrap, no risk no reward, reach for the money, seize the day, carpe diem, pinched out, free government money, reach for your dreams

[audio http://traffic.libsyn.com/winsight/Winsight_Episode_16_-_No_Risk_No_Reward.mp3]

 

No risk, no reward is one of my favorite sayings. I first saw it on the back of someone’s shirt and even though I can’t recall what was on the front, this motto has stuck with me for a while now. It reminds me of Nike’s Just Do It, also one of my favorite brands.

There’s risk with EVERYTHING you do, so instead of overanalyzing things too much, try it. There is value in doing your research, being cautious and making financially sound decisions, BUT I’ve seen too many wasted opportunities lost because of hesitation. Conditions will never be perfect, someone will always oppose you and consequences are surely attached, YET you know what I fear almost more than anything else? Regret.

In this episode, we’ll discuss the following concepts:

The difference between dreaming and trying

Entrepreneurial risk vs. corporate risk

The Dr. Jekyl and Mr. Hide reality of the unknown

What the movies “Along Came Polly” and “Tin Cup” can teach you about risk

What risks have you taken that have paid off for you? What risks have backfired, yet you still learned a valuable lesson from? Please share the “rewards” of being of risk-taker below:

Comment please!

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