What's Life Without a Little Risk?

In today’s world where there is a lot of competition, it is not possible to live without taking risks. Life without risk is not worth living. The famous quote “what's life without a little risk" by J.K Rowling is very accurate and applies well in modern society where everyone is competing for survival. And for you to survive, you have to take risks. Even if you don’t take risks, indirectly you are still taking a risk because the greatest risk in life is not taking one.

What is Life without a Little Risk Meaning

The statement “life without a little risk” means that life is full of risks and you have got to take some risks in life. If you don't take risks, then it is not worth living. Everything in life is about taking risks. Even eating is taking a risk since you aren’t sure if the food is safe. Besides, you can even choke while eating and die.

What Would Life Be Without Taking Risks?

Taking risks is necessary but it comes with chaos and lots of decisions to make. Most times, we want to avoid risks and live on the safe side of life. But one thing for sure is, there is no success without risks. So then, what would life without taking risks be like?

1. No Businesses

Starting a business is a risk and entrepreneurs are some of the biggest risk-takers. They invest lots of money into their business hoping that they will get some returns, which is never guaranteed. A business can make a profit or a loss. Yet, people risk by venturing into business. Either they lose or gain, and that's life. 

Most of the richest people in the world have invested in businesses and at some point in their life, they took huge risks. Some of the people include Elon Musk who invested all the money into SpaceX and Tesla after selling PayPal. Others include Mark Zuckerberg and Bill Gates who dropped out of school to concentrate on their businesses.

2. Limited Invention or Innovation

Innovators and inventors take significant risks to come up with new products and services. They invest their time and money to come up with new services or products without the guarantee that they will be accepted in the market.

If employees can be encouraged to take risks without punishment if they fail, organizations can benefit from innovative ideas. Employees will work hard to come up with new ways of doing things, new products and services.

Also read: How to survive without money.

3. Limited Growth

As we have seen earlier, without taking risks, then there is limited invention and innovation. Consequently, if there is no invention or innovation, then there is no growth. By taking risks, we increase our experience that helps us grow, become resilient and confident.

Taking risks opens doors to opportunities and helps us explore our abilities. This helps us achieve our goals and eventually achieve success. Most times, taking risks leads to failure, which is still good because, in the end, there are lessons to learn from failure that helps us grow.

Why You Need to Take Risks

First, it is important that I make this clear; I’m not encouraging you to go out there and take risks blindly. I’m just saying, it is worth taking calculated risks and accepting the probabilities; either success or failure. With that, let's find out why you need to take risks.

1. Opens up new opportunities. Taking risks opens up new opportunities. Most times, we usually have not figured out what we really want. But when we take risks, they lead us to things we didn’t anticipate and in the end, they open up new opportunities.

2. Taking risks helps one stand out. Most of the successful people you know took some risks at some point in their lives. When you take significant risks and you succeed, you get recognition which gives you a sense of fulfillment.

3. Overcome fear. When doing something new, there is always the fear of the unknown. Taking the first step to pursue your goals helps you overcome fear. When you succeed by taking risks, it gives you the courage to take even greater risks.

Summary of What is Life without a Little Risk

Taking risks in life is necessary and a life without risk is not worth living. Notwithstanding, it doesn’t mean you take risks blindly. You need to take calculated risks and once you can bear the loss. In taking risks, there are more chances to fail than to succeed. But when you accept the probabilities, it becomes easier to deal with the outcome. If the outcome is exciting, it is worth taking risks even if there are limited chances of success. 

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This article was updated on December 15, 2022

Vincent Nyoike

Vincent Nyoike is an experienced business consultant and financial analyst. He is a CPA and is currently pursuing a Master of Science in Finance and Accounting at JKUAT. He holds a B.Sc. in Applied Statistics from the University of Eldoret