Risk

Risk is the potential of losing something of value. Risk can also be defined as the intentional interaction with uncertainty. And uncertainty is the thing which is unknown, and it always commences at unknown point and ends up with like an accident or say ends up with an opportunity.

Optimist person always see risk as an opportunity that’s why he accepts risks by foreseeing the expected return. But this foresee ability doesn’t come in its own, but primarily it comes when we able to do distinction between danger and risk. And secondly we need to know that there are ways to approach an otherwise dangerous task in such a way that risk is reduced to an acceptable level. And the ultimate learning is that we need to translate knowledge from everyday instances into a workaday life.

For managing the risk training is the mandate thing e.g. we unable to do swimming without training and when we do it without training then there is high probability of getting drown. And the base is, one has to know what one is doing. Swimmer has to be educated about the technique, the appropriate use of tools and procedures, reading the depth and other attributes of water, and the evaluation of objective hazards. But overall fitness is the essence which certifies you that whether you are able to do that particular speculation or not.

And matter of the fact is that the whole thing is based on trust. Trust in our training, our assessment of the situation, our tools, fitness, and especially – our partner. We wouldn’t consent to being driven on the freeway by someone we didn’t trust. Partner is that someone whom we trust with our lives.

Finally, there is always a doubt i.e. Are there any guarantees? Few. Yet if we fail, which we might, at least there is a higher probability that we will live to try again. But remember, business – like life was never about certainty.

And yes,

“One cannot refuse to eat just because there is a chance of being choked.”

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