On Risk, from Bo Keely

September 16, 2015 |

 Of the myriad kinds of risk, many people graduate to the coffin never having sampled any until the last breath. This is a shame because risk is inherent in our being as evolutionary products of the original thought.

There is financial risk, credit risk, survival risk with which I'm more familiar, market risk, business risk, sport risk, political risk, romantic risk, health risk, and any other event where the outcome has a value and a penalty with choices involved.

My rules for handling risk are:

· Gather as much information as possible before entering any risk.
· Get a toe wet first, if possible, before the final plunge.
· Risks alone are more valuable than when shoaled with others.
· During the peak moments of risk constantly evaluate and reevaluate.
· Always have a backup plan.
· Always have an exit.
· When in doubt, be bold.

Whatever your brand of risk, these guidelines will keep you afloat to take another, and another, through the discovery of self.


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