The Ultimate Cheat Sheet On Taking Risk
4 years ago

The Ultimate Cheat Sheet On Taking Risk

Risk - how to minimize it

Risk. Is it even worth it?

Risk” according to Warren Buffet “comes from not knowing what you’re doing.” I’m not sure if I agree with that completely, but I’m sure that knowing what you’re doing helps you minimize risk. Why risk anything? Isn’t it safer to just do what you’ve always done? If that’s your attitude, I’m afraid you’re in for a rude awakening.

The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.

Mark Zuckerberg

Risk is not only worth taking, in today’s world it’s necessary to stand our among a crowed field of competitors. Last year I spoke at a conference and spoke about why we need to dream big and take aggressive risks. To get back to Mr. Buffet, you shouldn’t take blind risks, but rather make sure that you minimize the risks you take to the best of your abilities.

This week we’re taking about why taking risks is important on “ASMP’s Strictly Business” blog. Check it out to get opinions of top photographers and how they view risk. However I’m gonna give you 4 practical ways that you can cheat risk.

Every Thursday, over the next few weeks, we’ll look at 4 way to minimize risk.

  • Redundancy
  • Insurance
  • Safety
  • Knowledge

But first we’ll look at why it’s ok to embrace a “No can do” attitude tomorrow.

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