Lifestyle Tip 23 - RISK - Profit From Your Personal Risk Prof...

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Uploaded on November 08, 2010 by OliHille

http://www.LifestyleBook.com/risk

You are somewhere on the continuum between being a risk taker and being risk averse. Risk aversion is a measure of your preference for uncertainly over certainty. If you are too risk averse and conservative you limit your ability to make decisions and therefore your ability to succeed. In my experience most people are somewhat risk averse. I have also noticed that those who take controlled risks in career, business and investments are generally the most successful.

For example a risk averse person might prefer to stay in a low paid job than move jobs, or start their own business; even when such a change is likely to bring about increases in income, job satisfaction, status and so on.

It might be useful for you to think about how risk averse you are.

Tags:
Risk, Management, Safety, Averse, Protect, Gambling, Worst, Case, Scenario, How To
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