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.

#people #risks #lives

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Taking

risks

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is an integral part of human life. It is often believed that it is important for people to take

risks

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in their personal and professional lives. I personally believe that the advantages of

this

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notion definitely outweigh the disadvantages,

however

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, both points will be thoroughly discussed in the forthcoming paragraphs. Certainly, there are plenty of benefits that come with taking

risks

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. The predominant

one

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is that an individual could earn a lot of sum by taking

risks

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For example

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, the stock market around the world is a platform where people tend to take the highest

risks

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and get a huge sum of returns on their investments. Another benefit worth mentioning is that by taking

risks

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one

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will be able to learn even if the planned thing does not go our way. To elaborate, as the quote states; 'Failure is the first step to success.'

Thus

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, by taking

risks

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, either you succeed or you fail but with failures come lessons that are the best pieces of advice anyone could ever receive.

On the other hand

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, there can be a few drawbacks which can't be overlooked.

Firstly

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one

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could lose all their capital in whatsoever

business

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they are doing. In simple words, if

one

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is playing in a stock market or starting a new

business

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, there may be a possibility of losing everything as everything will be at stake.

For example

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, Worldcom, an American multinational company, took a decision which affected the locals and lead to a decrease in sales which significantly affected its

business

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Moreover

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risks

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could not be handled by everyone. It is observed that many builders commit suicide because of fear after they took certain

risks

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Hence

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, it could tear families apart and it can be mentally tough to handle

risks

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. In conclusion,

although

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there are a few disadvantages,

according to

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my perspective, the advantages outweigh the disadvantages. Taking

risks

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not only increases the profit of

business

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exponentially but can teach us valuable lessons if everything does not go as planned.

Submitted by Aryan Patel on Tue Feb 28 2023

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10
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meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 6.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 8.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

334 words

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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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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.

In some countries student pay their fees by themselves but in some countries it has been paid by government

Some parents bring their children a large number of toys to play with. What are the advantages and disadvantages of this.

All parents wants the best opportunities for their children, there are some people who think that schools should teach children skills but others think having a range of subjects is better for a children’s future

Some people view video games as harmful, while others believe they have positive impacts, such as enhancing educational skills. Discuss both views and give your own opinion. Give reasons for your answer and include any relevant examples from your own knowledge or experience.