Learn more about moneyandinvestments with this collection
How to use storytelling to influence and persuade
How to create a compelling narrative
How to structure your story for maximum impact
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.
328
997 reads
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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.
202
745 reads
“It is only by being bold that you get anywhere. If you are a risk-taker, then the art is to protect the downside.”
229
731 reads
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.
244
1.51K reads
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.
260
595 reads
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.
399
1.17K reads
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.
257
609 reads
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Get into the action habit. We do the thing by deciding to do the thing.
When we introduce a new piece of technology, it is wise to consider if we are interfering with a bigger system. If we do, we should reflect on it's wider consequences.
But, if the factors involved get complex enough, we cannot anticipate them with accuracy. Understanding ...
When you do what you deep down think is the right thing to do then you raise and strengthen your self-esteem.
It is not always easy to do. Or even to know what the right thing is.
But keeping a focus on it and doing it as best you can makes big di...
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