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?

Previously, people would live a very simple life. Having no
competitions
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competition
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among each other.
However
, nowadays the scenario has changed and in
today
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today's
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world to win and compete everyone must take risks whether it’s personal or professional life, all individuals should give their best to succeed. In
this
essay, I will explain why it is necessary to take risks and
due
to
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for
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what reason it is advantageous rather than disadvantageous. People take risks in their professional
as well as
personal lives because of
few
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a few
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reasons.
Firstly
, taking
risk
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risks
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is considered the prime factor in establishing a business. History has proved, those who had taken
risk
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risks
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have had huge success in the end.
For instance
, Malik Riaz owner of
Bahria
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the Bahria
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Town housing scheme, was once a contractor on a very small scale.
However
, one day he decided to step into big business by lending a lot of money from different sources and took a
risk
and spent the money in a random housing scheme and today the same place now has worth of billions. By taking
risk
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risks
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in his personal and professional life, Malik Riaz made it
to
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into
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a very successful business.
Secondly
, no doubt
risk takers
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risk-takers
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sometimes do face huge
loss
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losses
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but for
that
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,that
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they always keep their eyes and brain open. And here comes the
ones’
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ones
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that take
risk
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risks
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in their professional lives but ask their Financial Analysts to forecast if their
risk taking
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risk-taking
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will get them benefited or not.
Although
the
risk
remains the same
nevertheless
its failure ratio decreases that’s why businessmen rely on their Accounts department. In conclusion, I will say yes, the advantages of taking
risk
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risks
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are more than their disadvantages. If a person takes
risk
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risks
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and is successful,
its
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it's
it is
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better than sitting idle and not taking
risk
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risks
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. The only disadvantage to taking
risk
is
person
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a person
the person
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might lose their money but there are plenty of technologies now that does accurate predictions and reduces your level of
risk
and boosts your confidence to invest.
Submitted by khannaughty26 on

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For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 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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