Friday 14 July 2017

There’s A Difference Between Gamble And Calculated Risk


Taking risk is important in life. But, at the same time it’s very important to calculate the risk, before plunging into unknown territory recklessly. Edmund H. North has aptly put it in his quote. He states that “I think there’s a difference between gamble and calculated risk”. As a beginner it is very easy to be elated at profits and panic at losses. What you need to learn from experience is to make the most the profits and to tackle and reduce the losses effectively.

The most important aspect is to invest the right amount in the first place. No one should invest more money than they can afford to lose. Added to that there is no point in investing huge amount into something wherein the profits are little. For example it would be meaning less to invest £100 if the gains are going to be £10.Before investing your money you need to make a rational, well-thought of and studied plan. By doing that you would have better control over your finance.

Remember, “A chance is what you take before you think about it. A calculated risk is what you take after you have evaluated all possible factors and have determined that risk.”-Craig Elliot

Keep in touch.
Be Unstoppable 👍🏻

- Sincerely Yours
Success Coach Nilesh
Branding - Marketing & Growth Strategist for Professionals, Executives & CEOs

See more at my website: www.SuccessCoachNilesh.com 


Friday 7 July 2017

You Will Never Know If You Don’t Keep Trying, The Next Time Might Be Your Time To Success


It is said, “There are no short-cuts to success.” And in the case of Entrepreneurship it is absolutely true. So what is that one virtue that makes an entrepreneur successful? It is persistence. As it is aptly said by Steve Jobs “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.

Taking a decision to become an entrepreneur is hard but sticking by that decision with no immediate success is hardest. Many times as an entrepreneur you have to work for years together with no success at all and face extreme challenges and social pressure. These challenges would dampen your spirits and force you to quit. The only thing that can help you sail through in the time of adversities is your persistence. To overcome the hurdles and to bring your entrepreneurial dream into reality you have to keep trying and not get bogged down by failure. Here is a beautiful analogy of a river, “A river cuts through a rock not because of its power but its persistence.” So do not give up, hold on to that ‘can-do it’ attitude and keep learning from your failures.

Because, “You will never know if you don’t keep trying, the next time might be your time to success.”

Keep in touch.
Be Unstoppable 👍🏻

- Sincerely Yours
Success Coach Nilesh
Branding - Marketing & Growth Strategist for Professionals, Executives & CEOs

See more at my website: www.SuccessCoachNilesh.com