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Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
More interesting thoughts on risk:
Life is a Risk
But I am glad I took the risk to leave a 40hr week and have freedom and live my life on my own terms
They are the biggest reward to me
Learn Change and Adapt ?????
History is written by the winners...
people need to bear that in mind. Its rare to read books about people who took big gambles and lost it all. The "losers" dont post on forums generally (unless they have reversed their fortune and then tell us how it was a great experience and taught them a lot..). The guys who lost it all, tried again and lost it agian - you dont hear from them.
You dont hear "I quit my job, lost it all and am now on benefits....but I am glad to have tried"
A blog and information source for buy to let landlords
The teacher was giving a pep talk to my son's class when they were 16 and about to 'graduate' from school after GCSEs - saying to go forward with respect for those less able, as so many are, seeing as you know just about everything by now... He laughed at his own comment to indicate a chuckle was appropriate here. My son said he dutifully laughed along with the rest of the class although he didn't really get the joke, as it was surely true?! The class were at the top of the school and had completed GCSEs, plus he was always top of the class, so job done... No?!
Every year I notice that I'm a bit stupider than I thought I was. (I could be losing my marbles, but I prefer to think it's due to the ever greater accumulation of wisdom!)
I think it's quite fortunate when it comes to risk, that it lends itself well to youthful naivety, as you have time to recover from your mistakes when you're young.
If you do start to win more than you lose and forge ahead on the road to success, then you are likely to become naturally more cautious over time for a number of reasons, not least having more and more to lose.
One of the things I've always found helpful with risk though is not being too bothered by the idea of poverty, should it all go horribly wrong. Dave and I enjoy watching programmes such as Benefits Britain: Life on the Dole but often complain when we do that "Most people just have no idea how to be poor, do they?!" Honestly, it's almost a shame we're not poor as we'd be bl00dy good at it!! We regularly practice being poor (at least when it's not too inconvenient) just in case:-)
"It is the small decisions you and I make every day which shape our destinies." Anthony Robbins