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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Many people believe that taking
risks
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is crucial both for their careers and daily
lives
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.
However
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, I do not agree with the viewpoint arguing that taking
risks
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has more benefits than drawbacks.
This
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essay will discuss several reasons that support my point of view. First of all, in terms of venturing into uncertainties for career development, it is likely to cause serious financial loss and personal sacrifices for other stakeholders,
such
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as co-workers. It is commonly seen that many CEOs, who tended to invest a lot of funds in uncertain opportunities, eventually struggle with the maintenance of management, suffering severe financial hardship.
Also
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, under
this
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circumstance, individuals who involve in the business are required to work overtime without extra pay, reducing their leisure time.
In other words
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, when businessmen try to take a significant risk to obtain unguaranteed returns, it should be considered that the result can be to face enormous challenges which will negatively affect their business.
That is
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, considering an opportunity cost, taking
risks
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is likely to bring much more drawbacks than benefits in individuals’ careers.
In addition
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, when it comes to taking a chance in our daily
lives
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, it occasionally leads to a high risk of being in danger including being exposed to side effects that impact on their health.
For example
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, some patients who suffer
cancer
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from cancer
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consider administering a new drug whose expected effect is a reduction of the treatment period, but which has unknown side effects that could affect their health throughout their
lives
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. In
this
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case, what they can gain is a shortened period,
while
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what they possibly would lose
is
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in
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their
lives
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.
Therefore
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, it is evident that the disadvantages of taking
risks
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outweigh the benefit. In conclusion,
while
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it is a common belief that the benefits of taking
risks
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outweigh the disadvantages, I firmly argue that there are a lot more drawbacks that seriously affect an individual’s mental health, require other stakeholders’ sacrifice, cause financial loss, and even result in death.

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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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