Maretus on Warpcast

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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.

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Navigating risk versus reward is always a balancing act, isn’t it? I’ve found that the key lies in understanding what truly matters to me and what I’m willing to lose. One of the biggest recent risks I took was during the last goals challenge. It pushed me out of my comfort zone in ways I didn’t expect. Honestly, it was a game-changer. I learned to embrace uncertainty, and it taught me the value of taking that leap of faith. There were moments of doubt, but I realized that the potential rewards, - personal growth, new connections, and rediscovering my passions were worth it. On the flip side, I’ve also taken risks that didn’t pan out. For instance, I once invested my time in a project that didn’t align with my values. It felt like a setback at the time, but it taught me invaluable lessons about authenticity and staying true to myself. Today, when weighing risks, I ask myself a few questions: What’s the worst that could happen? Am I ready to accept that outcome? And what do I stand to gain?

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Right on! I’m glad that you found some value in it. That is what we’re here for. To support and encourage each other online and off.

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