Current Affairs (Term 2 Wk 1)
Q: What is a better formula for success - keep up and stay relevant or take risks and strike out into new frontiers? Discuss
To me, it really depends on the situation on how you should act on it. When you find something which is too risky, then stay put and continue and do not take chances. If you find that this might be a good opportunity and chances of failing are slim, then go for it.
Situations which are too risky may usually be very ideal, but also requires you to put a large bet which might all be lost in the end. If this happens, and you are really in need of "winning" big, then maybe if it is allowed, you should not put all your assets on it, but maybe a quarter of it to play safe.
If you find something which is very safe and ideal too, do not forget to look at the little details as nothing ideal is that safe and that easy to achieve. There might be some things that you have overlooked which could result in yourself falling.
So remember, always analyse the situation and stay focused, it is good to aim big, but that might result in a downfall.
For those who keep up and stay relevant, they will most likely have a steady income, but a one which does not increase quickly or make large amounts of cash, but the positive side is that they are too unlikely to fall.
For those who take risks and strike out into new frontiers, if they succeed, there is no doubt that they will do extremely well in it and get instant cash, but if they do no succeed, the circumstances are not so ideal.
So, the best formula i can think of for success, is too both take risks and stay relevant. Stay relevant, but take some risks which have less chances of succeeding. Do not be afraid to try, but do not be greedy either.
To me, it really depends on the situation on how you should act on it. When you find something which is too risky, then stay put and continue and do not take chances. If you find that this might be a good opportunity and chances of failing are slim, then go for it.
Situations which are too risky may usually be very ideal, but also requires you to put a large bet which might all be lost in the end. If this happens, and you are really in need of "winning" big, then maybe if it is allowed, you should not put all your assets on it, but maybe a quarter of it to play safe.
If you find something which is very safe and ideal too, do not forget to look at the little details as nothing ideal is that safe and that easy to achieve. There might be some things that you have overlooked which could result in yourself falling.
So remember, always analyse the situation and stay focused, it is good to aim big, but that might result in a downfall.
For those who keep up and stay relevant, they will most likely have a steady income, but a one which does not increase quickly or make large amounts of cash, but the positive side is that they are too unlikely to fall.
For those who take risks and strike out into new frontiers, if they succeed, there is no doubt that they will do extremely well in it and get instant cash, but if they do no succeed, the circumstances are not so ideal.
So, the best formula i can think of for success, is too both take risks and stay relevant. Stay relevant, but take some risks which have less chances of succeeding. Do not be afraid to try, but do not be greedy either.
posted by Mickey at
3/26/2009
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