Seth's Blog : Appropriate risk

We talk about risk like it's a bad thing. But all forward motion involves risk. You can't find a risk-free way to accomplish much of anything. Appropriate risk has two elements: The odds of it working out are commensurate with the benefits. The ...

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Appropriate risk

We talk about risk like it’s a bad thing.

But all forward motion involves risk. You can’t find a risk-free way to accomplish much of anything.

Appropriate risk has two elements:

1. The odds of it working out are commensurate with the benefits.
2. The consequences of being wrong don’t eliminate your chance to try a different path next time.

We don’t try something simply because there’s no downside. Instead, we intelligently choose projects where the downside is understood and the work is worth doing.

   

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