It is important for people to take risks, both in their professional lives and their personal lives. Do you think the advantages of taking risks outweigh the disadvantages?

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Risk
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is unavoidable both in our work and personal lives. While taking
risks
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might give many benefits, some
people
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argue that its downsides set off its good sides. In
this
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essay, I will elaborate what are the pros and cons of incorporating
risks
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into our lives. Incorporating
risk
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certainly brings many good things that we may not know before.
Firstly
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, it will open up a wider possibility that many
people
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never see. Behind those
risks
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, It could be a new invention that will bring many benefits.
For example
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, Tim Cook 2018 introduced a breakthrough a wider screen for the new iPhone. Many
people
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believed that it would be a failure since the iPhone always consistently has a smaller screen. Surprisingly, the market responded very positively to the launch, doubling
Apple
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Apple's
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revenue by the
next
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year.
Secondly
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,
risk
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could
also
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be seen as a warning tool for taking action. If the analysis result shows that the benefit is bigger than its
risk
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,
then
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the action might become doable and possibly brings favourable outcomes.
On the other hand
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, taking
risks
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too far could hurt individuals.
Moreover
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, if the
risks
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far exceed its advantages, it would probably destroy and cause a disaster.
For instance
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, the minister of finance caused a financial crisis after he raised the fuel price, despite knowing the fact that it could result
to
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in
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high inflation.
Furthermore
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, high-
riskrisk
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risk risk
appetite could
also
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led
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lead
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to a reckless policy, jeopardizing many
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people
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people's
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life affected by the policy. To summarize,
although
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risk
Add an article
the risk
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is unavoidable in our daily and professional lives, it gives both advantages and disadvantages to some extent. Its pros and cons
are depends
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depend
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on how much we could
adsorb
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absorb
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the consequences.
Thus
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, in my opinion,
advantages
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the advantages
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of holding
risk
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could outweigh its drawbacks in some cases.
Submitted by hpanduhimawan on

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Topic Vocabulary:
  • Opportunities
  • Growth
  • Innovation
  • Challenges
  • Self-discovery
  • Resilience
  • Uncertainty
  • Consequences
  • Calculated risks
  • Stagnation
  • Regret
  • Comfort zone
  • Entrepreneurship
  • Adventurous spirit
  • Thriving
  • Failure
  • Mitigate
  • Reap the rewards
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