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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.
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frederick
@sgniwder
I moved from michigan to california with my band in a uhaul with a little more than $1k in my pocket. the first week was cost more than we planned and i started to think i made a mistake the friend we had planned to stay with until we found a place had to and we had no place for our dogs to stay, so we had to board them. we quickly found jobs and rented what seemed like a mansion as a band house... i definitely wouldn't be able to do it today, but it was well worth the risk in my early 20s. today i perform a lot of analysis before making a decision. anything that is a close decision, I go with my gut
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Maretus
@maretus.eth
Man that sounds like a story you don’t hear often anymore. Moving to California with a band is such a cool story!
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