Content
@
0 reply
0 recast
0 reaction
Maretus
@maretus.eth
Navigating Risk vs. Reward How do you decide when a risk is worth taking? Have you ever taken a big risk that paid off—or one that didn’t go as planned? I have done both. At 19, I took over ownership of a small franchise pizza restaurant. It was a good opportunity but it didn’t go as planned. The restaurant didn’t make money and I struggled to make ends meet. Ultimately, I sold it for a very small profit, but nothing for the time and effort put in. Then, in 2013, I quit my safe job to start a risky digital marketing company. We grew quickly and in 2014, a large competitor made a generous offer to buy out the company. I took that offer and I began working for them. Today, I am much more careful about taking risks. I’m almost 40 and my time is more valuable to me now. I will still take risks but the rewards must be outsized for me to really do so. Let’s talk about the toughest risks you’ve taken in life, what you learned from them, and how you weigh risk vs. reward in your decisions today.
58 replies
32 recasts
89 reactions
Tim
@cryptim.eth
great topic! I took a big career change risk about 8 years ago I wasn't being challenged very much in my engineering job and I had a huge interest in real estate due the time freedom it can provide for investors so I ended up getting my license, joined a brokerage, cold called a shit ton of people, sent letters, the whole nine yards. Ended up selling two houses over maybe 9 months and got to the point where I either needed to go all in or just throw the towel. Decided I should give my engineering career a good shot and a great opportunity just fell in my lap. Many years later I'm working for a company that I've loved since I was a kid, it's not all sunshine and rainbows but I've done pretty well for myself and family.
2 replies
2 recasts
5 reactions
Maretus
@maretus.eth
Hell yea dude that’s awesome. You took a risk that kind of paid off but led you back to what sounds like a job you enjoy. I love when I hear stories about life working like that!
1 reply
1 recast
1 reaction
Tim
@cryptim.eth
yeah, things work out in odd ways. I got an in at my current company because the guy I work with now tagged along with us for a night out in Milwaukee got so plastered a couple guys were throwing cheeseburgers in Denny's Completely forgot about that until he brought it up lol
0 reply
0 recast
0 reaction
