Successful people try new things and takes new risks rather than only doing what they know how do well. To what extend do you agree or disagree?

Risk
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takers who try new
things
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have a higher chance of
success
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compared to those who invest in
things
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they already know. I partially agree with
this
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opinion because there is no rulebook for
success
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.
Thus
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, investing in emerging
things
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does not guarantee financial benefits.
To begin
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with, let us discuss the merits of investing in different ventures.
According to
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me, what increases the probability of
success
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is
presence
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the presence
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of a diversified portfolio. It balances the
overall
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risk
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and gives exponential returns on the net investment.
For example
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, if we consider the popular show named "Shark Tank", the Sharks invest in new
line
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lines
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of
businesses
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business
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. They want their presence in different markets, so that if an industry experiences a
boon
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boom
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, they can reap the benefits.
This
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one
success
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can balance
for
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out
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all the other
things
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that are not performing well.
However
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, a major setback in
this
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process is the amount of liquid cash flow required.
Additionally
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, the capability of
the
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apply
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investor to hold on to
such
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investments. Generally,
this
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becomes the major reason that
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risk taking
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risk-taking
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becomes a costly affair and can pull you downwards.
Hence
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, the demerits of making
such
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investments outweigh the merits.
Furthermore
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, if someone is investing in their field, it gives them
better
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a better
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understanding of problems and solutions.
For instance
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, those who invest in the stock market
focuses
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focus
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on learning and improving, rather than going for a completely new skillset. It is nothing new that people who invest in stocks are the most successful ones.
To conclude
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, I would suggest only taking
high value
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high-value
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risk
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when you have enough
resource
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resources
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to sustain.
Otherwise
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, try to build something with what you know
the
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apply
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best. I believe, sometimes it is better to be the king of a single trade rather than
jack
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a jack
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of all trades.

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task response
Start with a clear opinion in the first line and keep to it. Build your answer around this view.
coherence
Make the plan clear. Use one idea per paragraph and begin with a strong topic sentence. Use simple linking words to show how ideas fit.
structure
The essay shows a real look at risk and gain.
example
An example from Shark Tank is used to back a point.
structure
There is a clear start and end to the essay.
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