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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Presently, there has been a ubiquitous debate about how much risk one should take. Whilst some venturers hold the view that individuals should endeavour new opportunities, others have a diverse perspective.

However

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, I am of the stance that the merits of taking risks exceed its demerits and in the following lines, the previously mentioned points will be thoroughly elaborated. To commence with, there is a window of opportunity that may be utilised by opportunists in less competitive markets. Whenever a new market emerges, there will be a plethora of chances to do business in it.

For instance

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, when the United Arab Emirates gained its independence from the United Kingdom in 1971, international companies rushed to start their businesses in the newly-born state

due to

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its enormous oil and gas reserves.

Thus

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, what can be said is that the more risks one takes, the higher the monetary rewards will become.

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, taking danger is an innate human behaviour and if your ancestors had not taken prospect, mankind would have dominated

this

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planet.

In other words

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, when a group of individuals jeopardise their savings and personal possessions, they end up discovering new areas with numerous benefits.

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, in 1492, Spanish merchants ventured into the unknown to cross the Atlantic Ocean, and they eventually found the new world.

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, what can be inferred is that risk-taking not only does it have countless benefits monetarily, but it

also

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helps humans progress. In conclusion,

after

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this

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essay has manifested the aforementioned points, it can be reiterated that taking risks is an inborn skill. In my opinion, entrepreneurs should take more perils provided that they are calculated, because the benefits of taking them surpass their drawbacks.

Submitted by aeldawy95 on Fri Jul 07 2023

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meeting the goal of 3 or fewer
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Overall Band Score

Coherence and Cohesion: 9.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 7.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

281 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?

Some Universities offer online courses as an alternative to classes delivered on campus. Do you think this is a positive or negative development?

Write a letter to the retailer to complain. In the letter: – Explain why you are unhappy – Request a refund – Make arrangements to return the damaged item

Global warming Is one of the biggest threats to our environment. What problem does this cause? what can be done to deal with this situation?

Children recently play games when having free time. What are the advantages and disadvantages?

You have arranged to visit a friend in England but an important event at home now means that you must change the dates of the visit. -Write a letter to your friend.