Corporate Training Leadership
Leaders like risk taking not gambling
October 27, 2012
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John Scully says, “People who take risks are the people you’ll lose against.”
A study of the first graduating class from the Harvard School of Business revealed that, across the board, these men were risk-takers. They would not pass a car on a hill or a curve, nor blindly go into a business venture.
They assembled the facts and evaluated carefully from every possible perspective the chances of success and the benefits which went with that success. They understood there were no guarantees and that the possibility existed that they could lose. Nonetheless, they recognized that the possible gain was so much greater than the possible loss that they deemed it appropriate to take the risk. Gambling is a different issue
The dictionary says that risk is a “pushing forward, a rushing. It is to be bold and hearty.” Gambling is a far more hazardous undertaking. Needless to say, some gamblers are greater than others.
If you risk nothing, you become nothing; you get nothing, do nothing and have nothing. Of course, he avoids sorrow and pain in life. But do you think life is gifted to all of us for that kind of living?
You have to leave the shore to discover the ocean. You have to walk on new roads to become a path finder.
How far you can travel on the journey of risk is up to you but you have to walk on the path.
What is the point in making life difficult and not venture into it? You end up discovering nothing nor are you ready to leave the shore for another ocean.
Without looking afar, can you go on the path of life? You need sight to see beyond sight .In fact, you are gifted with foresight. It is by risking you do reach your place of destination.
People say take calculated risk. I would like to put calculated risk this way: Even if all goes wrong you will be able to survive with your own resources.
You cannot get rich without challenging people or situations. You have to walk on edges if only to find a new place for yourself.
A report in U.S. News & World Report revealed that casino slot machines represent long odds. Specifically, if you played the dollar slots every day for two months, the odds were two trillion to one that you would lose $1,000 before you won $1,000. That’s not gambling.
Washington said, “Gambling is the child of avarice, the brother of iniquity and the father of mischief.” Think about it.
Be a risk-taker, not a gambler, you will be a reader of LEAD ME TO ME.
***

About author

Dr Shailesh Thaker

Dr. Shailesh Thaker is a world-renowned management thinker and trainer on organizational behavior and development. He is the CLO of Knowledge Plus Inc., a highly reputed training firm based in Ahmedabad, India, helping organizations to achieve international benchmarks in management practices.

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