Increase your capability of taking risk.

Increase your capability of taking risk.
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Risk, lets define it first in our terms. So risk is something that we intend to do to get out of difficult situation or to achieve something bigger.

Everyone in this world is going after money, everyone and if he is saying he is not then I don’t now he may be lying. There is a very small percentage of persons not willing to gain more money.

So, why everyone want money. Money is needed to achieve different milestones of life say owing a car, a house and many more when you reach the top.

The aspect that we missed here is money increases our capability of taking risks. Yes, It does.

Let me give you an example of a poker game.

So, there were 5 players 2 were very rich, 3 were say normal people. First let me tell you the results, though this is not possible in all the cases but is used as an example. The person who won most was from the richer group.

Now lets dig up the reasons for this. So when a poker game is played people have 2 cards in hand and 3 are put at the table. Each turn people have to put money they bet and 2 more cards will come on the tables. If someone thinks that he is not gonna win the turn he folds his cards. Watch how to play poker here.

So the richer person have more tendency to take risk as he is covered by the huge amount of money he has in his pocket. Even when the normal people get good hand, say better than the rick guy, the rich guys comes out of it by bluffing. Its not gonna cost him much but for the normal guy its a tough decision to increase the money as he is out of his safe risk taking zone. Unable to handle such pressure these guys normally folds avoiding the condition of losing a big amount of money.

On the other hand the rich person keeps on taking risk which may seem huge for normal but is very minimal for him. Thus his more risk taking capability take him forward as winner in this game.

Yes this is something applied everywhere. Even with perfect calculation people start to tremble when it comes to taking risk. More the risk taking capability you have more you will achieve in life.

But yes with determination and practice you can cope with risk taking situations and that what will take you forward in life.

There are people earning good money and they will alway earn something around this as they are not willing to take risk. On other hands people willing to take risk will certainly have upper hand. Though they may face situations where it seems totally rubbish. But it is not.

 

Higher the risk higher the gain.


Gaurav Yadav

Gaurav is a Full Stack Web Developer and Blogger. Sportsperson by heart and loves football. He has experience with various frameworks in php, python and javascript. Loves to explore new frameworks and evolve with the trending technology.

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