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Risk-taking Quotes

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Risk-taking Quotes

“Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback.”

“Two roads diverged in a wood and I - I took the one less traveled by, and that has made all the difference.”

“Do not be too timid and squeamish about your actions.”

“You can't cross a chasm in two small jumps.”

“It is only in adventure that some people succeed in knowing themselves - in finding themselves.”

“One does not discover new lands without consenting to lose sight of the shore for a very long time.”

“Some critics of racing witlessly claim that spectators only attend to see someone die. This is utter and complete nonsense. I have been at numerous races where death is present. When a driver dies, the crowd symbolically dies, too. They come to see action at the brink: ultimate risk taking and the display of skill and bravery embodied in the sport's immortals like Nuvolari, Foyt, and thousands of others who operate at the ragged edge.”

“You miss 100% of the shots you don't take.”

“Independent film making is very collaborative. You feel like it's you, the director and other actors and you really feel like you have the final say. When you do the bigger films, the studio has to give the final thumbs up and they're usually not big on risk taking because they're trying to make money.”

“Without a vision there is no possibility of creating something larger than what al-ready exists. An entrepreneur has to be able to bring something to the table through his or her vision that is not being provided by others - a special way of meeting needs, caring for others, treating patients, or marketing. An entrepreneur must have enormous faith. Risk-taking is critical to the development of an enterprise. You will not take risks unless you have the faith to do so.”

“I hope progressive ways of thinking will permeate the "mainstream" more and more in the coming years. Goddess knows we have endured a very long spell (thirty plus years) of regressive thinking and hyper conservativism dominating our culture and national discourse. It necessitates risk taking and rule breaking by people in all walks of life to swing that pendulum back though.”

“A ship in port is safe, but that's not what ships are built for.”

“J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment rewards can only be achieved at the cost of substantial risk-taking. So what is your sleeping point? Finding the answer to this question is one of the most important investment steps you must take.”

“There are two sure ways to fail: never get started and quit before you succeed. Many companies promote the language of risk-taking and innovation but are so concerned with short term profit goals that their culture discourages innovation (trying new things) and abandons promising projects too soon. It shouldn't require exceptional moral courage to try new things and stick with them.”

“I like to foster an atmosphere on set of collaboration and openness and risk taking. The beauty is when you have such brilliantly talented people as I did in my cast, you definitely don't want to fetter them in any sense. You want them to be able to go out there and do their thing and feel confident in doing their thing, because ultimately I'm the person who gets the credit which is great.”

“Pressure to produce over the short term - a gun to the head of everyone - encourages excessive risk taking which manifests itself in several ways - fully invested posture at all times, the use of leverage, and a market centric orientation that makes it difficult to stand apart from the crowd and take a long term perspective.”

“Courage is not an ability one either possess or lacks. Courage is the willingness to engage in a risk-taking behavior regardless of whether the consequences are unknown or possibly adverse. We are capable of courageous behavior provided we are willing to engage in it. Given that life offers few guarantees, all living requires risk-taking.”

“The only role other than paying their taxes, whatever those are, the only role for philanthropy broadly - of which the rich should give disproportionately - the more, the better - and I think there is a positive trend in that direction - there are certain risk-taking things, like trying out a new type of charter school or funding a new kind of medicine.”

“At some point, that risk-taking private capital can take over, and have patents and trade secrets and things that let them lead the way, which happened with the steam engine and some other things, although with energy, the time of adoption is a lot longer than it is with, say, IT products or even medical advances, like drugs and vaccines.”

“Nothing will ever be attempted if all possible objections must first be overcome.”