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

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The question of whether to take a
risk
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or not is a controversial topic today, as
people
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are facing many opportunities during their lives which are risky as well. Taking risks have got gains and losses which I will discuss now. The major benefit of taking a
risk
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is feeling confident and being active in your life.
For example
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, when
people
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stick their necks and leave their jobs in order to start their own business, they would feel they have got sufficient control over their lives and
this
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would significantly improve their confidence.
Furthermore
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, taking risks, usually lead to a better situation than in the past.
For instance
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, it is seen when
people
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run their own businesses, which is a real liability, or change their occupations, they achieve a higher income or salary in their new situation.
On the other hand
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,
this
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debate has got some ill effects as well. Gambling always comes with enormous stress and anxiety.
For instance
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, if someone is doing a risky business, he would be worried about the consequences,
such
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as money loss and etc.
Consequently
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,
this
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anxiety could lead to serious psychological impacts. A
further
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disadvantage would be the failure. Every single
risk
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has got the possibility of failure. So, if you are taking a
risk
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you might lose your money and in a world with
such
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financial turmoil,
this
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would be a disaster.
To conclude
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, taking risks is needed in everybody's life,
while
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it is essential for
people
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to feel confident and improve the levels of their lives,
although
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there are some cons to
this
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debate.
Submitted by mediii355 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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