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 today’s
fast pace
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fast-paced
show examples
world, people are encouraged to take
risks
more frequently, in both their private lives and career paths. I wholeheartedly believe that the benefits
this
lifestyle brings overshadow its drawbacks. On the one hand, risk-taking is a way for individuals to develop soft and hard skills. When venturers push themselves out of
the
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their
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comfort zone, the likelihood of encountering new challenges increases. Learning to cope with those hardships ultimately teaches risk-takers new abilities
such
as self-direction, problem-solving and
critical-thinking
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critical thinking
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.
Moreover
, overcoming those difficult tasks strengthens one’s mental capacity, resulting in a more confident and resilient mind.
For example
, an entrepreneur who is willing to take a risk by starting up his own company may gain invaluable skills like leadership communication and decision-making.
On the other hand
, taking calculated
risks
might lead to failures and associated consequences.
This
can range from financial loss to reputation damage, which could have a long-lasting effect on one’s personal and professional life.
For instance
, a company manager might invest all of his company’s deposits in an unsuccessful project, leading to the bankruptcy of the organization. After the incident, it is very likely that he would not be able to reconstruct the business
due to
reputation loss by employees and other funding institutions.
This
explains that the cost of taking
risks
extends beyond money loss
but
Correct word choice
and
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rather one’s job prospects as well. In conclusion, taking unconsidered
risks
might end up with adverse repercussions.
However
, with appropriate calculations, the positive outcome it brings eclipsed its disadvantages.
Submitted by thanhannguyen2209 on

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coherence cohesion
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task achievement
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You are not ready for IELTS Speaking, if you

  • Can’t speak smoothly without pauses.
  • Use simple words and lack vocabulary.
  • Feel nervous and anxious when speaking.
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
What to do next:
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