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We Are Put Off By Fear
We always think about the risks involved in making a big chance in life. We consider the risks and then decide not to do it. But, the risks shouldn't scare us into inaction.
325
975 reads
Make old Moves
You can't achieve anything if you lock yourself up in your home. To live life to the fullest, you need to make bold moves. And this doesn't necessarily imply risk-taking.
Try to limit your potential losses. Protect the downside.
259
571 reads
Richard Branson
“It is only by being bold that you get anywhere. If you are a risk-taker, then the art is to protect the downside.”
225
680 reads
Career Decisions
Your most valuable resource is time. Yet, most spend their time working on other people's goals.
Use your time wisely by daily improving your skills, learning new things and building relationships. Then you will always have something to fall back on.
395
1.09K reads
Business Decisions
If you're in business, consider serving more than one group of customers, or focus on more than one industry.
When sales don't perform well in one area, you always have another option.
238
1.39K reads
Investing Decisions
Invest in something that has an underlying value.
Limit your potential losses by diversifying. For instance, invest in an index fund, real estate, and business.
199
702 reads
Avoid Taking A Big Hit
The purpose of protecting the downside is to prevent losing everything. You shouldn't put all your life energy into a single thing. This is true for your personal life too.
254
587 reads
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Stop Extrapolating Your Perceptions - Darius Foroux
dariusforoux.com
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